1 00:00:00,760 --> 00:00:04,520 Speaker 1: Just answered this nationwide keyword on our website bank. That's 2 00:00:04,720 --> 00:00:11,120 Speaker 1: bank answer it now. My Scott's Loan Show on seven 3 00:00:11,160 --> 00:00:15,880 Speaker 1: hundred WLW is Instagram engineered like a like a casino 4 00:00:17,239 --> 00:00:20,599 Speaker 1: in order to hook your kids. The jury's going to 5 00:00:20,640 --> 00:00:23,840 Speaker 1: answer that question as tech CEOs get called to the 6 00:00:23,880 --> 00:00:29,600 Speaker 1: witness stand in a very fascinating case where social media, TikTok, insta, Facebook, 7 00:00:30,200 --> 00:00:33,200 Speaker 1: all of that is on trial. Jason Philibaum is a 8 00:00:33,240 --> 00:00:36,120 Speaker 1: defense attorney here in Cincinnati and joins the show to 9 00:00:36,159 --> 00:00:37,559 Speaker 1: discuss Jason, welcome, how you have. 10 00:00:38,560 --> 00:00:39,960 Speaker 2: Good morning, doing well? Thank you. 11 00:00:40,680 --> 00:00:43,639 Speaker 1: So I've read this and it's fascinating because we're all 12 00:00:43,640 --> 00:00:45,559 Speaker 1: engaged in social in some way, shape or form, but 13 00:00:45,600 --> 00:00:48,160 Speaker 1: especially on more impressionable younger people. And that's the crux 14 00:00:48,200 --> 00:00:50,960 Speaker 1: of the argument. To me, it strikes me as a 15 00:00:51,159 --> 00:00:54,560 Speaker 1: this is essentially a product liability case in that the 16 00:00:54,640 --> 00:00:56,560 Speaker 1: defense is going to have to walk this type rope 17 00:00:56,600 --> 00:00:59,840 Speaker 1: of going, well, yeah, the platforms are engaging by this, 18 00:01:00,400 --> 00:01:03,360 Speaker 1: but they're not harmful. And that's the intent of this thing, 19 00:01:03,560 --> 00:01:04,680 Speaker 1: is that the folk from here. 20 00:01:05,720 --> 00:01:06,000 Speaker 2: Yeah. 21 00:01:06,360 --> 00:01:08,839 Speaker 3: In fact, I think this is going to probably near 22 00:01:09,600 --> 00:01:14,280 Speaker 3: the either the gun cases or the cigarette cases where 23 00:01:14,720 --> 00:01:18,040 Speaker 3: you have, for example, the gun lobby shut that down. 24 00:01:18,400 --> 00:01:21,560 Speaker 3: But the cigarette cases, they started out in the sixties 25 00:01:21,600 --> 00:01:24,240 Speaker 3: and the seventies, and you have a couple of big verds. 26 00:01:24,280 --> 00:01:27,319 Speaker 3: The next thing you know, you have a multi state settlement. 27 00:01:27,400 --> 00:01:30,440 Speaker 3: So I think what you're seeing here is the beginning 28 00:01:30,760 --> 00:01:37,280 Speaker 3: of either the end or the expansion of social media, having. 29 00:01:37,040 --> 00:01:39,480 Speaker 1: Tech companies or other companies that past successfully defended that 30 00:01:39,600 --> 00:01:40,720 Speaker 1: accusation of their products. 31 00:01:40,720 --> 00:01:44,640 Speaker 2: Somehow it was addictive, yes, And that's what's interesting. 32 00:01:45,000 --> 00:01:48,720 Speaker 3: And again I see such parallels between the social media 33 00:01:49,080 --> 00:01:52,160 Speaker 3: trial that's starting now in the cigarette cases, because when 34 00:01:52,160 --> 00:01:54,840 Speaker 3: the cigarette cases first started, they defended it and they 35 00:01:54,920 --> 00:01:57,280 Speaker 3: shot it down and they won I think the first 36 00:01:57,360 --> 00:02:00,960 Speaker 3: lawsuit within the fifties, and they lost big time, and 37 00:02:01,040 --> 00:02:03,720 Speaker 3: I think they even got attorning keys. And then you know, 38 00:02:03,760 --> 00:02:06,320 Speaker 3: they started in the sixties and the seventies, and then 39 00:02:06,360 --> 00:02:10,240 Speaker 3: finally it was in I think nineteen eighty eight or 40 00:02:10,280 --> 00:02:10,840 Speaker 3: something like. 41 00:02:10,800 --> 00:02:13,120 Speaker 2: That you finally had a big verdict. 42 00:02:13,440 --> 00:02:15,919 Speaker 3: And then a few years later the state stepped in 43 00:02:16,040 --> 00:02:18,360 Speaker 3: because now you have a flood of lawsuits. So I 44 00:02:18,360 --> 00:02:20,880 Speaker 3: think what you're going to see here is you've got 45 00:02:20,880 --> 00:02:24,200 Speaker 3: this lawsuit against a social media or all of them 46 00:02:24,320 --> 00:02:28,600 Speaker 3: essentially claiming they're addictive, claiming they're subjecting the children to 47 00:02:29,800 --> 00:02:35,560 Speaker 3: sexual abuse or other type of anxiety from the images 48 00:02:35,600 --> 00:02:38,880 Speaker 3: they see. And what you're going to have is if 49 00:02:38,919 --> 00:02:41,960 Speaker 3: they get a verdict here, you can see now a 50 00:02:42,000 --> 00:02:45,720 Speaker 3: flood of lawsuits that follow, sort of mirroring the same evidence, 51 00:02:45,800 --> 00:02:47,200 Speaker 3: making the same argument. Yea. 52 00:02:47,520 --> 00:02:49,200 Speaker 1: Although here's the problem I have, and this is the 53 00:02:49,240 --> 00:02:51,520 Speaker 1: argument I would tend to make here, Jason, if I 54 00:02:51,600 --> 00:02:54,800 Speaker 1: were the big media companies, tech companies, is that, Okay, 55 00:02:54,919 --> 00:02:56,800 Speaker 1: we're going to do this like we did the like 56 00:02:56,800 --> 00:02:57,760 Speaker 1: the cigarette lawsuit. 57 00:02:58,160 --> 00:02:58,639 Speaker 2: What's the deal. 58 00:02:58,680 --> 00:03:02,480 Speaker 1: Well, we know cigarettes called cancer and the cigarette mantuffacts No, no, 59 00:03:02,360 --> 00:03:04,919 Speaker 1: no no, And now we found memos that said, yeah, 60 00:03:04,960 --> 00:03:09,440 Speaker 1: we recognize there's a direct correlation between smoking and lung cancer. 61 00:03:10,120 --> 00:03:13,360 Speaker 1: That's irrefutable. And there's probably not much else you're doing 62 00:03:13,440 --> 00:03:16,640 Speaker 1: in your life that would cause lung cancer save not 63 00:03:16,720 --> 00:03:20,400 Speaker 1: smoking cigarettes. Okay, so there's that direct scientific connection. Whereas 64 00:03:20,400 --> 00:03:23,239 Speaker 1: in this case you're making the same argument going, Okay, 65 00:03:23,440 --> 00:03:26,720 Speaker 1: if it weren't for social media, kids would be happy, 66 00:03:26,840 --> 00:03:30,840 Speaker 1: they'd be engaged, they wouldn't be depressed. That might be 67 00:03:30,840 --> 00:03:32,640 Speaker 1: an ally, that may be a factor but there's also 68 00:03:32,840 --> 00:03:36,440 Speaker 1: other causes for this. The causation nightmare is what about 69 00:03:36,480 --> 00:03:39,400 Speaker 1: family trauma? What about academic pressure, what about bullying, what 70 00:03:39,400 --> 00:03:42,120 Speaker 1: about genetics? What about COVID? It just keeps going and 71 00:03:42,160 --> 00:03:45,200 Speaker 1: going and going, And so there's other factors I could 72 00:03:45,280 --> 00:03:47,840 Speaker 1: I could point to in a child's life as to 73 00:03:47,880 --> 00:03:50,000 Speaker 1: why they might be addicted to social media and why 74 00:03:50,480 --> 00:03:52,520 Speaker 1: their temperament is bad. And you know, there are some 75 00:03:52,600 --> 00:03:54,720 Speaker 1: kids killing themselves, there's no question about it, and maybe 76 00:03:54,800 --> 00:03:56,880 Speaker 1: social pushes them over the edge. But there's a whole 77 00:03:56,880 --> 00:04:00,240 Speaker 1: host of other factors you have with social media that 78 00:04:00,280 --> 00:04:01,720 Speaker 1: you don't have with cigarette smoking. 79 00:04:02,960 --> 00:04:05,720 Speaker 3: And I think that's exactly what the social media companies 80 00:04:05,720 --> 00:04:08,440 Speaker 3: are going to be seeing. So we talked, you know, 81 00:04:08,840 --> 00:04:12,040 Speaker 3: just now it's almost like cigarettes. But one would argue, 82 00:04:12,080 --> 00:04:14,040 Speaker 3: and I think your argument was, this is more like 83 00:04:14,080 --> 00:04:18,200 Speaker 3: the gun cases, the firearm cases, where you know, yes 84 00:04:18,360 --> 00:04:21,720 Speaker 3: guns can cause damage and yes guns can cause death, 85 00:04:21,920 --> 00:04:24,840 Speaker 3: but there's an intervening cause and that's a bad guy 86 00:04:24,920 --> 00:04:27,560 Speaker 3: doing it. You know, guns just don't pop up and 87 00:04:27,640 --> 00:04:31,240 Speaker 3: start killing people. It's some bad guy picks up a 88 00:04:31,279 --> 00:04:32,599 Speaker 3: gun and does something bad. 89 00:04:32,880 --> 00:04:34,200 Speaker 4: And so that's what they're going to argue. 90 00:04:34,200 --> 00:04:36,880 Speaker 3: Here in social media, which is, look, you know, we 91 00:04:36,880 --> 00:04:39,800 Speaker 3: we have a platform, and if a bunch of you know, 92 00:04:39,880 --> 00:04:44,000 Speaker 3: perverts get on and start, you know, sending messages your kids, 93 00:04:44,200 --> 00:04:49,479 Speaker 3: that's a bad actor using otherwise okay platform. And so 94 00:04:49,520 --> 00:04:53,000 Speaker 3: I think that's that's the biggest hurdle that the plaintiffs 95 00:04:53,040 --> 00:04:54,960 Speaker 3: are going to have to get over, which is, you 96 00:04:55,000 --> 00:04:59,040 Speaker 3: know this this is designed to be you know, addictive. Maybe, 97 00:04:59,080 --> 00:05:01,600 Speaker 3: but at the end of the day, it's only causing 98 00:05:01,720 --> 00:05:04,599 Speaker 3: trouble because the bad guys on the other side doing things, 99 00:05:04,880 --> 00:05:07,440 Speaker 3: and that's you know, one could argue with mirrors the 100 00:05:07,880 --> 00:05:10,839 Speaker 3: gun lobby cases which end up going away. 101 00:05:10,880 --> 00:05:13,039 Speaker 1: Well, the gun lobby cases were interesting in that the 102 00:05:13,120 --> 00:05:15,560 Speaker 1: argument we all to say product defect issue. This is 103 00:05:15,560 --> 00:05:18,280 Speaker 1: a product liability issue and a gun company so well 104 00:05:18,440 --> 00:05:21,000 Speaker 1: not really. You put around in the chamber, you load it, 105 00:05:21,480 --> 00:05:23,279 Speaker 1: you rack it, and you pull the trigger and a 106 00:05:23,279 --> 00:05:26,200 Speaker 1: bullet flies out. No, that works like it should. It 107 00:05:26,279 --> 00:05:28,400 Speaker 1: depends on who's using it and what the intent is. 108 00:05:29,680 --> 00:05:33,000 Speaker 3: Right, That's what they basically said, like, look, these social 109 00:05:33,040 --> 00:05:36,840 Speaker 3: media platforms, there's other reasons for mental health. You know, 110 00:05:36,920 --> 00:05:39,120 Speaker 3: we have a society that's built. 111 00:05:38,880 --> 00:05:41,880 Speaker 2: On bad news or you know, We've got people on 112 00:05:41,920 --> 00:05:43,400 Speaker 2: the other side that are them. 113 00:05:43,440 --> 00:05:45,719 Speaker 3: And all this does is is create more of a 114 00:05:45,760 --> 00:05:48,240 Speaker 3: public form that you're going on yourself. 115 00:05:48,320 --> 00:05:50,040 Speaker 2: The parents are allowing it to happen. 116 00:05:50,520 --> 00:05:53,560 Speaker 3: And so the argument from the social media company is, look, 117 00:05:53,600 --> 00:05:56,599 Speaker 3: we provide a platform where people can share pictures and 118 00:05:56,680 --> 00:05:59,320 Speaker 3: talk about their life, and just because someone comes in 119 00:05:59,400 --> 00:06:02,800 Speaker 3: and does something bad or because another friend starts to 120 00:06:02,800 --> 00:06:06,839 Speaker 3: bully you, that's not on us. I mean, we can't 121 00:06:06,880 --> 00:06:10,160 Speaker 3: have a free, open platform but then regulate everybody. That's 122 00:06:10,160 --> 00:06:12,800 Speaker 3: a whole different issue that Connors is looking at. And 123 00:06:12,839 --> 00:06:14,760 Speaker 3: so I think that's what they're going to claim, is 124 00:06:14,800 --> 00:06:19,039 Speaker 3: that bad actors are what causing your child's mental health, 125 00:06:19,160 --> 00:06:22,360 Speaker 3: not the actual Instagram or Facebook or TikTok. 126 00:06:22,600 --> 00:06:25,880 Speaker 1: Well, the idea is you're getting fed a steady diet 127 00:06:25,960 --> 00:06:28,760 Speaker 1: of everything that you want to hear. But okay, that's 128 00:06:28,760 --> 00:06:31,120 Speaker 1: social media and there's an algorithm for that. How is 129 00:06:31,160 --> 00:06:33,719 Speaker 1: that different in any way, shape or form than something 130 00:06:33,760 --> 00:06:36,799 Speaker 1: I may watch on streaming, for example, or TV, whether 131 00:06:36,839 --> 00:06:39,560 Speaker 1: it's I don't know, it could be food TV. Maybe 132 00:06:39,560 --> 00:06:41,640 Speaker 1: I have a food today. I can watch food NonStop 133 00:06:41,680 --> 00:06:42,960 Speaker 1: all the time to make a look good. They don't 134 00:06:42,960 --> 00:06:45,599 Speaker 1: see the after effects of it, or something that we 135 00:06:45,640 --> 00:06:48,120 Speaker 1: could recognize as cable news. You know, if you are 136 00:06:48,920 --> 00:06:50,880 Speaker 1: you know, if you write leaning, you watch Fox News. 137 00:06:50,880 --> 00:06:54,479 Speaker 1: But there's even more extreme networks out there one America. 138 00:06:54,520 --> 00:06:57,880 Speaker 1: There's Newsmax, right, and that's a steady the same algorithms 139 00:06:57,880 --> 00:07:00,679 Speaker 1: and play here. Why would they be exempted social media? 140 00:07:00,760 --> 00:07:00,800 Speaker 3: Not? 141 00:07:02,480 --> 00:07:03,440 Speaker 2: Yeah, exactly. 142 00:07:03,480 --> 00:07:06,320 Speaker 3: I mean, I mean that's anything right now, that's just 143 00:07:06,400 --> 00:07:10,600 Speaker 3: targeting on advertising. I mean you'll look up something for 144 00:07:10,640 --> 00:07:13,080 Speaker 3: a puppy and next thing you know, you're flooded with 145 00:07:13,440 --> 00:07:16,360 Speaker 3: everything that goes along with the puppy, from leashes, the food, 146 00:07:16,480 --> 00:07:19,720 Speaker 3: the puppy pads, you name it. And I think in 147 00:07:19,760 --> 00:07:22,840 Speaker 3: this case that's what they're going to argue is, look, yes, 148 00:07:22,920 --> 00:07:26,200 Speaker 3: we set it up so if you show interest in baseball, 149 00:07:26,400 --> 00:07:28,280 Speaker 3: we're going to show you a bunch of baseball stuff. 150 00:07:28,520 --> 00:07:30,840 Speaker 3: If you show interest in workout, we're going to show 151 00:07:30,880 --> 00:07:34,600 Speaker 3: you workout stuff. And then likewise, you know, people can 152 00:07:34,760 --> 00:07:37,640 Speaker 3: come on and talk to you, and if they're bad 153 00:07:37,680 --> 00:07:40,800 Speaker 3: about it, that's on them. Now, what I'd be most 154 00:07:40,840 --> 00:07:45,880 Speaker 3: interested is snap Chat and TikTok settled before this started, 155 00:07:46,240 --> 00:07:48,640 Speaker 3: and I'd be curious. We'll never know what that amount 156 00:07:48,680 --> 00:07:51,600 Speaker 3: is for but you know, something about snap Chat and 157 00:07:51,640 --> 00:07:54,640 Speaker 3: TikTok had them worried enough to leases to a settlement, 158 00:07:54,920 --> 00:07:57,880 Speaker 3: and I'm guessing that settlement is what then is fueling 159 00:07:58,000 --> 00:08:01,920 Speaker 3: the litigation on the other because there's experts involved, there 160 00:08:02,000 --> 00:08:03,840 Speaker 3: was an undercover study done. 161 00:08:04,000 --> 00:08:05,720 Speaker 2: I mean, this is going to be very interesting to 162 00:08:05,760 --> 00:08:06,840 Speaker 2: watch over the next month. 163 00:08:07,200 --> 00:08:09,240 Speaker 1: Yeah, there's another factor you don't have and all these 164 00:08:09,240 --> 00:08:11,840 Speaker 1: other suits. Jason Philibaum, attorney at law, we're talking about 165 00:08:12,000 --> 00:08:14,800 Speaker 1: the interesting case. I think it's going to kind of 166 00:08:14,800 --> 00:08:17,640 Speaker 1: grip us here too, because we're all involved in social 167 00:08:17,680 --> 00:08:19,360 Speaker 1: media in some way, shape or form. The young you 168 00:08:19,440 --> 00:08:22,880 Speaker 1: are probably more likely. But products like Instagram and TikTok 169 00:08:22,960 --> 00:08:26,680 Speaker 1: and Facebook and x are they engineered to hook your kids? 170 00:08:26,920 --> 00:08:29,320 Speaker 1: And the juries can answer that question as CEOs like 171 00:08:29,400 --> 00:08:33,040 Speaker 1: Zuckerberg get called to the witness stand shortly to say, yeah, 172 00:08:33,040 --> 00:08:35,120 Speaker 1: well we wanted the product to be engaging, but no, 173 00:08:35,200 --> 00:08:38,000 Speaker 1: it's not addictive. It's not causing all these societal problems 174 00:08:38,000 --> 00:08:41,440 Speaker 1: facing young people specifically. There's also something in there that's 175 00:08:41,520 --> 00:08:44,120 Speaker 1: not applied to any other the types of suits we've 176 00:08:44,120 --> 00:08:46,320 Speaker 1: talked about. When comes a pride to product liability, Jason. 177 00:08:46,360 --> 00:08:49,960 Speaker 1: That's something called Section two thirty, which basically protects platforms 178 00:08:50,000 --> 00:08:53,559 Speaker 1: from liability for user generated content. So I may get 179 00:08:53,600 --> 00:08:57,960 Speaker 1: on social and create something that's not on meta or YouTube, 180 00:08:58,000 --> 00:09:00,760 Speaker 1: that's on the user, and so it does exactly so 181 00:09:01,120 --> 00:09:03,320 Speaker 1: do section two thirty provide a shield here from these 182 00:09:03,320 --> 00:09:04,040 Speaker 1: suits even more? 183 00:09:05,240 --> 00:09:06,360 Speaker 2: That's what they're going to argue. 184 00:09:07,000 --> 00:09:09,240 Speaker 3: And I think what you have is, you know, we 185 00:09:09,320 --> 00:09:12,440 Speaker 3: had the whole argument what five years ago, when before 186 00:09:12,600 --> 00:09:15,480 Speaker 3: X was taken over by month, you know, we're we're 187 00:09:15,520 --> 00:09:19,480 Speaker 3: certain people being blocked out or being excluded, and is 188 00:09:19,520 --> 00:09:22,360 Speaker 3: this a public form? And of course Congress acts and 189 00:09:22,480 --> 00:09:25,120 Speaker 3: basically says, look, you can you can say and do 190 00:09:25,200 --> 00:09:27,520 Speaker 3: what you want on these platforms because who it is 191 00:09:28,200 --> 00:09:31,160 Speaker 3: for me to say that's misinformation? And then so now 192 00:09:31,240 --> 00:09:33,760 Speaker 3: I think you're going to see the social media companies 193 00:09:33,880 --> 00:09:36,319 Speaker 3: argue the same thing, which is, look, we do make 194 00:09:36,360 --> 00:09:40,200 Speaker 3: this engaging, we do make this interesting. If you like something, 195 00:09:40,200 --> 00:09:42,400 Speaker 3: we're going to send you more things that way. But 196 00:09:42,480 --> 00:09:45,079 Speaker 3: at the end of the day, we can't control what 197 00:09:45,120 --> 00:09:48,320 Speaker 3: people do, whether they harass you, whether they put false 198 00:09:48,360 --> 00:09:51,640 Speaker 3: information out there or anything else. We can't control that. 199 00:09:51,760 --> 00:09:55,199 Speaker 3: And there's actually a statue that says we shouldn't and 200 00:09:55,840 --> 00:09:57,160 Speaker 3: we're not liable for that. 201 00:09:57,520 --> 00:09:59,120 Speaker 2: At the end of the day, this will. 202 00:09:58,920 --> 00:10:03,920 Speaker 3: Then come down to are they knowingly putting children at risk? 203 00:10:04,520 --> 00:10:07,040 Speaker 3: And I think that's a hard burden to overcome for 204 00:10:07,080 --> 00:10:11,600 Speaker 3: the plaintiffs. How does the First Amendment factor into that, Well, 205 00:10:11,640 --> 00:10:15,199 Speaker 3: I think that protects the speech that comes across. But again, 206 00:10:15,280 --> 00:10:17,920 Speaker 3: if you're it's like it's like a cigarette. You know, 207 00:10:18,000 --> 00:10:22,040 Speaker 3: it's you, it's your right to to smoke, and you 208 00:10:22,120 --> 00:10:25,040 Speaker 3: choose to do that. But we put a product out 209 00:10:25,120 --> 00:10:27,400 Speaker 3: that we knew was going to be damaging, that we 210 00:10:27,480 --> 00:10:30,760 Speaker 3: knew was going to cause cancer, and the only difference 211 00:10:30,800 --> 00:10:34,720 Speaker 3: and then we advertise towards you. Now that I think 212 00:10:34,720 --> 00:10:37,080 Speaker 3: the same thing could be said about social media. We 213 00:10:37,200 --> 00:10:40,320 Speaker 3: created this product that we knew would take up eight 214 00:10:40,360 --> 00:10:41,680 Speaker 3: hours of your day of scrolling. 215 00:10:41,760 --> 00:10:43,160 Speaker 2: We knew that it would, you. 216 00:10:43,120 --> 00:10:46,480 Speaker 3: Know, cause vision trouble or or mental health trouble because 217 00:10:46,480 --> 00:10:49,000 Speaker 3: you're not sleeping. And then we also made it more 218 00:10:49,000 --> 00:10:51,440 Speaker 3: addictive so we can send more stuff at you. And 219 00:10:51,480 --> 00:10:53,439 Speaker 3: we knew a lot of that stuff was that if 220 00:10:53,440 --> 00:10:56,600 Speaker 3: that's what they can prove, then yeah, there could be 221 00:10:56,720 --> 00:10:59,480 Speaker 3: a verdict in this case. But that social media comes 222 00:10:59,520 --> 00:11:02,080 Speaker 3: back and says, wait a second. All we did was 223 00:11:02,120 --> 00:11:05,560 Speaker 3: again create a platform that's fun, and the more fun 224 00:11:05,640 --> 00:11:06,960 Speaker 3: it is, the more you're gonna want to do it. 225 00:11:07,000 --> 00:11:11,800 Speaker 3: But that's life. That's not creating a bad sort of product. 226 00:11:11,920 --> 00:11:14,600 Speaker 3: That's the people that engage that you're with. It's like 227 00:11:14,720 --> 00:11:17,440 Speaker 3: going to a park. We created a beautiful park, but 228 00:11:17,480 --> 00:11:19,839 Speaker 3: if there's bad people and they're yelling at you and 229 00:11:19,880 --> 00:11:23,280 Speaker 3: doing stupid stuff, that's that's not on us, that's on 230 00:11:23,360 --> 00:11:24,280 Speaker 3: the bad people. 231 00:11:24,480 --> 00:11:26,240 Speaker 1: Jason. A couple of studies have come out in the 232 00:11:26,320 --> 00:11:29,520 Speaker 1: last couple of years from different institutions, and I was 233 00:11:29,559 --> 00:11:32,600 Speaker 1: talking about it earlier in the show, and that factors 234 00:11:32,600 --> 00:11:36,280 Speaker 1: in here, and that is, you know, certainly young people 235 00:11:36,280 --> 00:11:38,560 Speaker 1: in particular who spend a lot of time and girls 236 00:11:38,679 --> 00:11:42,040 Speaker 1: especially spend a lot of time on social media, they 237 00:11:42,080 --> 00:11:44,640 Speaker 1: tend to be more depressed, to have higher levels of anxiety, 238 00:11:44,800 --> 00:11:49,240 Speaker 1: less performance, things along those lines. However, versus kids who 239 00:11:49,240 --> 00:11:51,400 Speaker 1: are completely banned from social media, the kids who have 240 00:11:51,480 --> 00:11:53,360 Speaker 1: a little bit of social media in their lives tend 241 00:11:53,360 --> 00:11:55,400 Speaker 1: to fare better. And so it sounds to me like 242 00:11:55,440 --> 00:11:57,760 Speaker 1: the research says there's a happy medium. You know, if 243 00:11:57,760 --> 00:12:00,160 Speaker 1: you spend all your time looking at your phone. That's 244 00:12:00,240 --> 00:12:02,719 Speaker 1: really really bad. If you don't have a phone, or 245 00:12:02,760 --> 00:12:05,480 Speaker 1: don't use or don't engage, it's it's not as bad 246 00:12:05,520 --> 00:12:07,640 Speaker 1: as that, but it's also not good. There's a sweet spot, 247 00:12:07,679 --> 00:12:10,559 Speaker 1: and it's always in the middle in that regard. Then 248 00:12:10,920 --> 00:12:13,480 Speaker 1: we have things like teen accounts and parental controls and 249 00:12:13,520 --> 00:12:15,679 Speaker 1: screen time warnings and all that stuff. If those tools 250 00:12:15,720 --> 00:12:17,920 Speaker 1: are out there, and the same people who bring the 251 00:12:17,960 --> 00:12:20,880 Speaker 1: suit fail to engage in that and fail to monitor 252 00:12:20,920 --> 00:12:23,280 Speaker 1: their kids because you know, they're kids, they don't have agency, 253 00:12:24,679 --> 00:12:27,800 Speaker 1: isn't that an affirmative defense for the tech companies and saying, hey, listen, 254 00:12:27,840 --> 00:12:30,800 Speaker 1: you're a parent. You have a responsibility to parent. You know, 255 00:12:31,000 --> 00:12:32,480 Speaker 1: you know, you got to know what your kid's doing 256 00:12:32,600 --> 00:12:34,840 Speaker 1: and monitor. You gave them a phone. They didn't buy 257 00:12:34,880 --> 00:12:37,079 Speaker 1: the phone themselves under the money, especially the young ones. 258 00:12:37,679 --> 00:12:38,440 Speaker 2: Is that on the parent? 259 00:12:38,520 --> 00:12:42,880 Speaker 3: Yeah, yeah, And that's what the meta attorney actually said 260 00:12:43,120 --> 00:12:48,040 Speaker 3: in open which basically they have repeatedly warn parents and teams, 261 00:12:48,080 --> 00:12:52,040 Speaker 3: but more importantly the parents that harmful conduct does or 262 00:12:52,080 --> 00:12:56,160 Speaker 3: content does get past our firewalls. They do get past 263 00:12:56,200 --> 00:12:59,120 Speaker 3: the safeguards, and this can be an issue, and you 264 00:12:59,160 --> 00:13:02,120 Speaker 3: need the monitor child. It's like taking the child to 265 00:13:02,200 --> 00:13:04,480 Speaker 3: a play area and just letting them go and they 266 00:13:04,480 --> 00:13:07,160 Speaker 3: fall off the top. At some point, you've got to 267 00:13:07,440 --> 00:13:10,199 Speaker 3: monitor your children as well. And I think that's what 268 00:13:10,400 --> 00:13:13,320 Speaker 3: you know, Meta at least was arguing, which is the 269 00:13:13,400 --> 00:13:16,800 Speaker 3: parents have responsibility too, And you know, just because you 270 00:13:16,880 --> 00:13:20,400 Speaker 3: open up an area and let your kid go unexplored, 271 00:13:20,679 --> 00:13:23,400 Speaker 3: that's not on us. We've warned you. And this goes 272 00:13:23,440 --> 00:13:25,800 Speaker 3: back to the whole product liability issue. You and I 273 00:13:25,840 --> 00:13:28,480 Speaker 3: have joked about this. Before you want a drinking party 274 00:13:28,520 --> 00:13:31,720 Speaker 3: at home, go read your warning labels on all your products, 275 00:13:31,760 --> 00:13:35,040 Speaker 3: because that means someone did that to get that warning 276 00:13:35,120 --> 00:13:38,120 Speaker 3: label there. And I think that's what they're saying, is 277 00:13:38,120 --> 00:13:40,600 Speaker 3: we put the warning here that said it could be 278 00:13:40,640 --> 00:13:42,840 Speaker 3: a problem, and you ignored it and let your kid 279 00:13:42,920 --> 00:13:45,680 Speaker 3: just have a free phone for eight ten hours a day. 280 00:13:46,280 --> 00:13:49,160 Speaker 1: I believe I saw Mark Zuckerberg is going to testify, 281 00:13:49,600 --> 00:13:51,320 Speaker 1: and that is going to be a moment for sure. 282 00:13:51,800 --> 00:13:54,280 Speaker 1: What are the legal risks for Meta putting him on 283 00:13:54,320 --> 00:13:54,720 Speaker 1: the stand. 284 00:13:56,160 --> 00:13:59,839 Speaker 3: Well, he probably doesn't know a lot about the You know, 285 00:14:00,520 --> 00:14:02,560 Speaker 3: at the end of the day, you become so big 286 00:14:02,600 --> 00:14:04,920 Speaker 3: in your company that you don't necessarily know the little 287 00:14:05,200 --> 00:14:07,320 Speaker 3: but I think that'll be very interesting. I mean, he's 288 00:14:07,360 --> 00:14:12,640 Speaker 3: testified in Congress, so you know, he's testified before hearings. 289 00:14:12,800 --> 00:14:14,760 Speaker 3: I would think that he's going to do pretty well. 290 00:14:16,280 --> 00:14:19,240 Speaker 3: Set up to testify. I think the things that going 291 00:14:19,280 --> 00:14:21,240 Speaker 3: to be interesting is that they hit him with something 292 00:14:21,280 --> 00:14:24,160 Speaker 3: that maybe he didn't know about, you know, something someone 293 00:14:24,200 --> 00:14:27,120 Speaker 3: lower or whatever they said. But in this case, this 294 00:14:27,160 --> 00:14:29,160 Speaker 3: has been going on for a while. They've got Discovery. 295 00:14:29,160 --> 00:14:32,040 Speaker 3: I would hope he's prep and I think Instagram CEO 296 00:14:32,200 --> 00:14:36,000 Speaker 3: is also going to testify, and that'll again be interesting 297 00:14:36,040 --> 00:14:39,880 Speaker 3: because they've all testified in Congress, again, pretty hostile crowds 298 00:14:40,360 --> 00:14:43,040 Speaker 3: where the rules of evidence don't apply. I would think 299 00:14:43,040 --> 00:14:45,640 Speaker 3: they're probably going to end up doing fine, and it's 300 00:14:45,680 --> 00:14:47,960 Speaker 3: the people underneath them that's that's going to be the 301 00:14:48,040 --> 00:14:51,560 Speaker 3: real interesting is how this operates, how this works, how 302 00:14:51,560 --> 00:14:53,080 Speaker 3: they actually target the kids. 303 00:14:53,480 --> 00:14:55,480 Speaker 2: That's that's I think going to be end up cruct 304 00:14:55,520 --> 00:14:55,920 Speaker 2: of the case. 305 00:14:56,000 --> 00:14:58,120 Speaker 1: Yeah, because the I mean, it's really this, this whole 306 00:14:58,160 --> 00:15:00,720 Speaker 1: thing we're talking about, this culture. It's all his fault 307 00:15:02,080 --> 00:15:04,320 Speaker 1: because he was a nerd at Harvard and wanted to 308 00:15:04,360 --> 00:15:07,800 Speaker 1: be chicks. That's that's basically what this whole thing came about. 309 00:15:07,840 --> 00:15:09,880 Speaker 1: It was like, it's like a senior prank called wildly, 310 00:15:10,000 --> 00:15:11,280 Speaker 1: wildly out of control. 311 00:15:11,000 --> 00:15:15,760 Speaker 3: And ruck, I mean downfall society, social media and next 312 00:15:15,760 --> 00:15:17,160 Speaker 3: thing is terminator. 313 00:15:16,760 --> 00:15:17,680 Speaker 2: With all the ais. 314 00:15:18,320 --> 00:15:20,760 Speaker 3: But hey, at the end of the day, we're welking 315 00:15:20,800 --> 00:15:23,320 Speaker 3: him it with open arms. And that's the defense of 316 00:15:23,360 --> 00:15:25,880 Speaker 3: the social media is, look, you guys use it, so 317 00:15:26,160 --> 00:15:28,760 Speaker 3: all we'd do is putting the products out there. And 318 00:15:28,880 --> 00:15:31,680 Speaker 3: just because other people use it poorly, that's not on. 319 00:15:31,840 --> 00:15:32,520 Speaker 2: Us, right. 320 00:15:32,960 --> 00:15:36,920 Speaker 1: Okay, So we saw Snapchat and TikTok settle. Do they 321 00:15:36,960 --> 00:15:38,720 Speaker 1: wind up just settling in this case? Is that and 322 00:15:39,200 --> 00:15:42,440 Speaker 1: the foregone conclusion here? Jason philbum No, I. 323 00:15:42,440 --> 00:15:43,720 Speaker 2: Think they're going to go through with it. 324 00:15:43,760 --> 00:15:46,280 Speaker 3: I think they have decided that they're going to be 325 00:15:46,360 --> 00:15:49,880 Speaker 3: a target if they settle, I mean if and I 326 00:15:49,880 --> 00:15:54,000 Speaker 3: think I don't know why TikTok and Snapchat did. I 327 00:15:54,000 --> 00:15:56,480 Speaker 3: don't know if there's maybe some internal memos that could 328 00:15:56,480 --> 00:15:58,200 Speaker 3: have got them in trouble, but at the end of 329 00:15:58,240 --> 00:16:01,200 Speaker 3: the day they settled. But I think think you've got 330 00:16:01,200 --> 00:16:03,800 Speaker 3: Instagram and Facebook and meta and all that they're going 331 00:16:03,840 --> 00:16:06,280 Speaker 3: to fight this to the end because otherwise you're going 332 00:16:06,360 --> 00:16:09,200 Speaker 3: to open up a flood of litigation like they do, 333 00:16:09,880 --> 00:16:12,320 Speaker 3: like they did in the cigarette cases, and so I 334 00:16:12,360 --> 00:16:14,560 Speaker 3: think we're going to end up seeing this at a verdict. 335 00:16:14,760 --> 00:16:18,040 Speaker 1: Interesting all right, he's Jason Philibum defense attorney. Maybe a 336 00:16:18,040 --> 00:16:19,800 Speaker 1: little outside his scope here, but the guy knows more 337 00:16:19,800 --> 00:16:22,120 Speaker 1: about law than most people do for sure, especially Lawa's 338 00:16:22,160 --> 00:16:23,520 Speaker 1: Jason all the best, buddy, appreciate you. 339 00:16:24,160 --> 00:16:25,520 Speaker 2: I appreciate it. Thank you, and their. 340 00:16:25,560 --> 00:16:27,840 Speaker 1: Official attorney of the Scott Sloan Show here on seven 341 00:16:27,920 --> 00:16:31,080 Speaker 1: hundred WLW, we'll get a time out of news. I 342 00:16:31,120 --> 00:16:33,360 Speaker 1: want to talk about this more after the news here 343 00:16:33,360 --> 00:16:36,400 Speaker 1: at nine point thirty. And this is a huge, huge 344 00:16:36,400 --> 00:16:38,560 Speaker 1: issue and if you think about it, there are all 345 00:16:38,560 --> 00:16:42,800 Speaker 1: sorts of core questions here because as I mentioned, there's 346 00:16:42,840 --> 00:16:45,360 Speaker 1: a precedent if they wind up winning, the plaintiffs win 347 00:16:45,480 --> 00:16:48,480 Speaker 1: this case, meaning that social media is addictive by design 348 00:16:48,640 --> 00:16:52,760 Speaker 1: and they're at fault. Does that open up I mean Netflix, 349 00:16:52,760 --> 00:16:56,560 Speaker 1: for example, go after Netflix because of AutoPlay or you know, 350 00:16:56,640 --> 00:17:01,080 Speaker 1: news sites, infinite scroll, or mobile games, online shopping. I'll 351 00:17:01,080 --> 00:17:03,120 Speaker 1: go the thems pretty much everything, and I mentioned no 352 00:17:03,280 --> 00:17:05,520 Speaker 1: cable news would be a great example of that. Are 353 00:17:05,520 --> 00:17:08,400 Speaker 1: we just opening Pandora's box where if you just get 354 00:17:08,440 --> 00:17:13,080 Speaker 1: on the information super high Highway, getting the digital fast lane. Now, 355 00:17:13,080 --> 00:17:14,720 Speaker 1: all of a sudden, there's legal risk involved for the 356 00:17:14,720 --> 00:17:18,560 Speaker 1: company put the content out there. What uh yeah, that's 357 00:17:18,600 --> 00:17:21,760 Speaker 1: pretty scary, right. I'll also make this case. I don't 358 00:17:21,760 --> 00:17:24,240 Speaker 1: think social media should be on trial at all. I 359 00:17:24,240 --> 00:17:27,200 Speaker 1: don't think that's what should be on trial. There's something else, 360 00:17:27,920 --> 00:17:29,679 Speaker 1: and we'll get into that right after news in your 361 00:17:29,720 --> 00:17:32,520 Speaker 1: calls just ahead, Scott's Loan show. This is seven hundred WW. 362 00:17:35,160 --> 00:17:38,639 Speaker 1: Scott Floatan continues here seven hundred WLW. Welcome to the 363 00:17:38,680 --> 00:17:41,359 Speaker 1: show on this Tuesday morning, the sunshine's in. 364 00:17:42,240 --> 00:17:43,960 Speaker 2: We're at h What I got here? 365 00:17:45,119 --> 00:17:47,040 Speaker 1: I don't have my ammometer here. Let me look at 366 00:17:47,040 --> 00:17:49,480 Speaker 1: the old watch. I got thirty eight degrees. Watch this 367 00:17:49,600 --> 00:17:50,919 Speaker 1: thirty eight. Let's go at thirty eight. 368 00:17:50,920 --> 00:17:51,199 Speaker 2: I don't know. 369 00:17:51,200 --> 00:17:54,159 Speaker 1: I have to hopefully north of fifty today. Hopefully your 370 00:17:54,240 --> 00:17:57,720 Speaker 1: some pump is working, gonna be a lot by Buddy 371 00:17:57,760 --> 00:17:59,920 Speaker 1: Bobby Miles and Basement Doctor's gonna get a lot of 372 00:18:00,119 --> 00:18:03,600 Speaker 1: calls in three to one. That's just how it is. 373 00:18:04,280 --> 00:18:05,920 Speaker 1: I kind of got a little theme running for the 374 00:18:05,920 --> 00:18:07,360 Speaker 1: first half of the show. Tod I just had Jason 375 00:18:07,400 --> 00:18:10,159 Speaker 1: Phillbaum and talk about the social media addiction trial. I 376 00:18:10,160 --> 00:18:13,560 Speaker 1: think that's fascinating. Christine Miles as a psychologist. She's on 377 00:18:13,680 --> 00:18:17,119 Speaker 1: later to talk about then update on you know, the 378 00:18:17,480 --> 00:18:20,240 Speaker 1: schools have banned cell phones largely because the dangers of that. 379 00:18:21,520 --> 00:18:25,320 Speaker 1: I mentioned the real problem here and I you know, 380 00:18:25,480 --> 00:18:27,200 Speaker 1: thinking about it, was like, Okay, social media, it's so 381 00:18:27,280 --> 00:18:29,199 Speaker 1: bad for kids, so bad, so bad, And then you 382 00:18:29,200 --> 00:18:32,439 Speaker 1: have studies come out and going, yeah, but kids who 383 00:18:32,560 --> 00:18:36,399 Speaker 1: aren't engaged in social media tend to also have problems 384 00:18:37,240 --> 00:18:41,120 Speaker 1: socializing and mental stress and things like that, largely because 385 00:18:41,160 --> 00:18:43,359 Speaker 1: that's her kids meet. You know, if you simply deny 386 00:18:43,560 --> 00:18:45,720 Speaker 1: the kid going hey, you cal it's really bad you 387 00:18:45,760 --> 00:18:48,640 Speaker 1: can't have a cell phone, that's our whole social sphere. 388 00:18:48,960 --> 00:18:50,600 Speaker 1: That's like saying, well, you're not allowed to go to 389 00:18:50,600 --> 00:18:51,840 Speaker 1: the mall. You're not allowed to go to the movies. 390 00:18:51,840 --> 00:18:53,480 Speaker 1: You're not allowed to go you know, when we were younger, 391 00:18:53,520 --> 00:18:55,479 Speaker 1: that's how kids socialize in person. They do it digitally. 392 00:18:55,520 --> 00:18:59,560 Speaker 1: Now it's just the way things are, and so's that's 393 00:18:59,560 --> 00:19:01,600 Speaker 1: not good for the kid either. So there's a happy 394 00:19:01,640 --> 00:19:03,359 Speaker 1: medium where you actually, I hate to say it, you know, 395 00:19:03,440 --> 00:19:06,639 Speaker 1: we got a parent. That's the hardest thing in the 396 00:19:06,640 --> 00:19:09,119 Speaker 1: world is parenting. You know, you just can't simply let 397 00:19:09,160 --> 00:19:12,440 Speaker 1: your kid go feral. And then when they spend twenty 398 00:19:12,480 --> 00:19:15,040 Speaker 1: hours a day on the phone and there you know 399 00:19:15,080 --> 00:19:19,080 Speaker 1: they they don't develop properly or they have mental health issues. 400 00:19:19,080 --> 00:19:20,680 Speaker 1: You turn around and you sue the company. It's like, 401 00:19:20,720 --> 00:19:22,600 Speaker 1: well you got on the phone. Is you do have 402 00:19:22,680 --> 00:19:25,960 Speaker 1: a some liability in this yourself actually the bulk of it. 403 00:19:27,320 --> 00:19:29,440 Speaker 1: And a kid has to be an educated consumer, sadly 404 00:19:29,480 --> 00:19:31,919 Speaker 1: at a younger age than we were. But that's them's 405 00:19:31,920 --> 00:19:36,439 Speaker 1: the rules, right. And I point this out because you know, 406 00:19:36,440 --> 00:19:38,280 Speaker 1: if you think about it, the problem here going after 407 00:19:38,320 --> 00:19:41,399 Speaker 1: social media, that social in my opinion, should not be 408 00:19:41,480 --> 00:19:45,199 Speaker 1: the thing on trial here. It should be smartphones. I 409 00:19:45,200 --> 00:19:48,720 Speaker 1: mean a smartphone, it's a handheld slot machine. If you 410 00:19:48,760 --> 00:19:54,240 Speaker 1: go into the casino, downtown anywhere for that matter, everything 411 00:19:54,280 --> 00:19:57,960 Speaker 1: in there is set up for them to take your money. 412 00:19:58,000 --> 00:19:59,919 Speaker 1: And we know this going in. We know the how 413 00:20:00,000 --> 00:20:04,720 Speaker 1: hose always wins. You go to Vegas, Why do they 414 00:20:04,720 --> 00:20:07,040 Speaker 1: comp your drinks, why do they comp your rooms? Why 415 00:20:07,040 --> 00:20:09,399 Speaker 1: do you get the comp this that? Because you spend 416 00:20:09,440 --> 00:20:12,800 Speaker 1: a lot of money playing the games and at the 417 00:20:12,880 --> 00:20:14,760 Speaker 1: end of the day when you get a free family 418 00:20:14,760 --> 00:20:16,840 Speaker 1: members that go and they gamble it, and they gamble 419 00:20:16,960 --> 00:20:19,520 Speaker 1: uf with like they never pay for a cruise. I 420 00:20:19,520 --> 00:20:21,560 Speaker 1: think it's awesome. It's like you go now, it's one 421 00:20:21,600 --> 00:20:24,080 Speaker 1: hundred dollars, basically, go on this cruise. Why is it 422 00:20:24,119 --> 00:20:26,320 Speaker 1: because we gamble a lot and you can write those 423 00:20:26,560 --> 00:20:28,119 Speaker 1: now for your taxes. The whole thing. I don't know 424 00:20:28,160 --> 00:20:30,359 Speaker 1: if it's a wash or not, but again, it's your money. 425 00:20:30,359 --> 00:20:32,080 Speaker 1: You worked a lifetime, you earned it. Do what you 426 00:20:32,119 --> 00:20:34,200 Speaker 1: want with your money. I don't need the government or 427 00:20:34,240 --> 00:20:35,840 Speaker 1: anyone else tell me what to do what I want 428 00:20:35,840 --> 00:20:37,119 Speaker 1: to do with my money. If I want to give 429 00:20:37,119 --> 00:20:38,720 Speaker 1: it to charity, give it to the church, or gamble 430 00:20:38,720 --> 00:20:41,800 Speaker 1: it away. It's my damn money. Leave me alone. Leave 431 00:20:41,840 --> 00:20:45,040 Speaker 1: me alone. And so you go to a casino and 432 00:20:45,080 --> 00:20:47,040 Speaker 1: it's all set to take that money from you, right. 433 00:20:48,680 --> 00:20:52,680 Speaker 1: All of the bells on a slot machine, the chimes 434 00:20:52,720 --> 00:20:57,080 Speaker 1: are done in a certain way, in a certain fashion 435 00:20:57,240 --> 00:20:59,359 Speaker 1: to make that the most appealing sound in the world 436 00:20:59,440 --> 00:21:03,240 Speaker 1: to you. Done researching the whole thing about pumping oxygen, 437 00:21:03,320 --> 00:21:05,840 Speaker 1: and they really don't. But it's a good wives tele 438 00:21:05,920 --> 00:21:08,000 Speaker 1: all and get you to spend more money to game 439 00:21:08,080 --> 00:21:11,080 Speaker 1: up more. Okay, so if that's true with the casino, 440 00:21:11,160 --> 00:21:14,639 Speaker 1: we don't band casinos, we regulate them. I look at 441 00:21:14,680 --> 00:21:16,119 Speaker 1: social media, go. I don't look at social media. I 442 00:21:16,119 --> 00:21:19,119 Speaker 1: think it's the phone, because it is that handheld slot machine. 443 00:21:19,160 --> 00:21:22,159 Speaker 1: It is literally an amusement park in the palm of 444 00:21:22,160 --> 00:21:26,040 Speaker 1: your hand. You can certainly look at social media. You 445 00:21:26,080 --> 00:21:30,000 Speaker 1: can engage in that. You can scroll videos, you can 446 00:21:30,080 --> 00:21:32,639 Speaker 1: listen to audio and podcast, you can play games, you 447 00:21:32,680 --> 00:21:35,359 Speaker 1: can watch porn, you can bet, you can gamble. You 448 00:21:35,359 --> 00:21:37,360 Speaker 1: can do all of these things you want to do 449 00:21:37,920 --> 00:21:40,960 Speaker 1: within the palm of your hand. And so I don't 450 00:21:41,000 --> 00:21:42,440 Speaker 1: know if it's social that should be on trial. It 451 00:21:42,440 --> 00:21:46,160 Speaker 1: should be the phone. But that's a whole separate set, 452 00:21:46,160 --> 00:21:48,480 Speaker 1: that's a whole different indictment. It's easier to blame social 453 00:21:48,480 --> 00:21:52,120 Speaker 1: media is the evil thing because yeah, in a way, 454 00:21:52,160 --> 00:21:54,160 Speaker 1: we're on but no, I'm just on Facebook. I don't 455 00:21:54,200 --> 00:21:56,560 Speaker 1: look at it that much. Okay, good, but you know 456 00:21:56,680 --> 00:21:59,560 Speaker 1: that's not the platform young people are on. But you 457 00:21:59,600 --> 00:22:01,440 Speaker 1: can be. I'm addicted to that phone as well. I 458 00:22:01,480 --> 00:22:04,600 Speaker 1: also point out this that if the whole crux of 459 00:22:04,600 --> 00:22:08,600 Speaker 1: the argument, like smoking or guns or whatever it might be, 460 00:22:08,640 --> 00:22:11,760 Speaker 1: as the fact that this is a product liability issue 461 00:22:12,600 --> 00:22:15,639 Speaker 1: and nothing else and they win this thing. Here's what 462 00:22:15,680 --> 00:22:20,200 Speaker 1: should scare you about this is that, all right, snapchack, 463 00:22:20,359 --> 00:22:23,520 Speaker 1: the snapchat TikTok. They settled and now it's meta and 464 00:22:23,640 --> 00:22:27,560 Speaker 1: YouTube right now. But okay, this social media's addictive. Well, 465 00:22:27,960 --> 00:22:30,399 Speaker 1: all right, then they will come after your phones next. 466 00:22:30,440 --> 00:22:34,680 Speaker 1: This certainly makes a mobile phone even more so, I think, 467 00:22:34,720 --> 00:22:39,600 Speaker 1: than social media, something that could be banned or litigated against, 468 00:22:39,600 --> 00:22:42,640 Speaker 1: in the sense that the nature of the phone itself 469 00:22:42,720 --> 00:22:46,440 Speaker 1: is addictive. I mean when the first iPod came out. 470 00:22:46,640 --> 00:22:48,439 Speaker 1: You may not have been around then when the iPod 471 00:22:48,480 --> 00:22:50,400 Speaker 1: came Remember the first iPod came out, and these things 472 00:22:50,400 --> 00:22:52,080 Speaker 1: were you know, they weren't part of your phone, and 473 00:22:52,119 --> 00:22:54,439 Speaker 1: it was you know, we weren't streaming music over the 474 00:22:54,840 --> 00:22:57,600 Speaker 1: over your over data. It was a cost prohibit. You 475 00:22:57,600 --> 00:23:00,119 Speaker 1: had download the song onto the physical iPad. You have 476 00:23:00,160 --> 00:23:02,480 Speaker 1: a phone and you have an iPod with you, and 477 00:23:02,520 --> 00:23:04,760 Speaker 1: the iPod is about the size of while the cell 478 00:23:04,800 --> 00:23:08,800 Speaker 1: phone now about the palm of your hand. And when 479 00:23:08,800 --> 00:23:12,120 Speaker 1: they designed that, they designed it for something that had 480 00:23:12,119 --> 00:23:15,119 Speaker 1: a tactile feel to it, like the back of the 481 00:23:15,119 --> 00:23:21,640 Speaker 1: the the original and the iPods. They were chrome, they're heavy, 482 00:23:21,800 --> 00:23:23,919 Speaker 1: and the edges were round it. It was shining and you 483 00:23:23,960 --> 00:23:26,639 Speaker 1: wanted to touch it. And the buttons were intuitive and 484 00:23:26,680 --> 00:23:29,240 Speaker 1: you felt it and weren't you know, just touch screens, 485 00:23:29,280 --> 00:23:32,280 Speaker 1: the actual physical buds and the whole product. The field 486 00:23:32,320 --> 00:23:35,120 Speaker 1: was designed for you not to want to put it down. 487 00:23:35,200 --> 00:23:38,399 Speaker 1: It felt good in your hand, and that was the 488 00:23:38,480 --> 00:23:41,520 Speaker 1: first step towards developing a product, as all products are. 489 00:23:41,680 --> 00:23:45,240 Speaker 1: That's not only visually and audio opena, but sensory from 490 00:23:45,240 --> 00:23:47,919 Speaker 1: a sensory perspective of the peeling. It drew you in. 491 00:23:48,280 --> 00:23:50,040 Speaker 1: It made you want to use it more. It made 492 00:23:50,040 --> 00:23:54,040 Speaker 1: it so you never wanted to set it down. That's 493 00:23:54,080 --> 00:23:57,000 Speaker 1: that's a hell of a design. But okay, does that 494 00:23:57,080 --> 00:24:02,719 Speaker 1: now mean that the whole idea of music YouTube, for example, 495 00:24:02,720 --> 00:24:05,240 Speaker 1: against social media more than anything. I think it's just videos, 496 00:24:05,240 --> 00:24:08,720 Speaker 1: it's not. It's a social media channel that those algorithms 497 00:24:08,760 --> 00:24:10,080 Speaker 1: are set up for you to get more of the 498 00:24:10,160 --> 00:24:13,800 Speaker 1: videos you want to see. So, by nature, the way 499 00:24:13,840 --> 00:24:16,280 Speaker 1: we design things are that you use it more. You 500 00:24:16,320 --> 00:24:18,919 Speaker 1: can say the same thing about food, about potato chips. 501 00:24:19,520 --> 00:24:21,879 Speaker 1: You know, I get you go get a bag of 502 00:24:21,960 --> 00:24:25,840 Speaker 1: grippos the barbecue, especially, why do you want to eat 503 00:24:25,840 --> 00:24:28,600 Speaker 1: the whole bag? Because they've got a great balance between salt, 504 00:24:28,960 --> 00:24:33,080 Speaker 1: between fat, and between sugar. And we talk about that 505 00:24:33,119 --> 00:24:35,439 Speaker 1: when it comes to obesity. Look at all the hidden 506 00:24:35,480 --> 00:24:37,680 Speaker 1: sugar and product wires. There sugar in there. Shouldn't be 507 00:24:37,720 --> 00:24:39,720 Speaker 1: sugar in this. Yeah, it's there's sugar in it to 508 00:24:39,720 --> 00:24:43,119 Speaker 1: make it more appealing. So it rewires your taste buds, 509 00:24:43,160 --> 00:24:46,080 Speaker 1: not in a conspiratorial sense, but rather they want you 510 00:24:46,119 --> 00:24:49,040 Speaker 1: to eat more because you'll buy more chips. You also 511 00:24:49,119 --> 00:24:51,800 Speaker 1: have to have the ability to go I'm good, I'm satiated, 512 00:24:51,880 --> 00:24:56,840 Speaker 1: I'm fine. So what else are we going to go 513 00:24:56,880 --> 00:24:59,639 Speaker 1: after if they win this lawsuit? Is it going to 514 00:24:59,680 --> 00:25:02,320 Speaker 1: be food? It's gonna be phones, It's gonna be music. 515 00:25:03,240 --> 00:25:06,280 Speaker 1: Netflix comes to mind. They've got auto play. The algorithm 516 00:25:06,280 --> 00:25:08,359 Speaker 1: sees what you're watching, goes hey, we think you'll like this. 517 00:25:08,800 --> 00:25:11,720 Speaker 1: But that's not just Netflix. That's every streaming platform from 518 00:25:11,720 --> 00:25:17,159 Speaker 1: Netflix to YouTube, TV to Amazon Prime, ESPN, whatever it 519 00:25:17,240 --> 00:25:21,119 Speaker 1: might be. News sites have something called infinite scroll. You 520 00:25:21,119 --> 00:25:22,840 Speaker 1: read a story and it sends you more of what 521 00:25:22,880 --> 00:25:27,639 Speaker 1: you want. I would argue also that if you're sitting 522 00:25:27,680 --> 00:25:30,119 Speaker 1: there going, well, you know this is we got the 523 00:25:30,200 --> 00:25:33,239 Speaker 1: social it's the problem the fu I don't know. If 524 00:25:33,280 --> 00:25:36,080 Speaker 1: you're still hooked up to cable you're watching cable news, 525 00:25:38,119 --> 00:25:41,400 Speaker 1: all right. If you like Fox, and you've watched Fox 526 00:25:41,400 --> 00:25:44,679 Speaker 1: because you're conservative, you might really like like One America, 527 00:25:44,760 --> 00:25:47,360 Speaker 1: or you might like Newsmax. We are the commercials for Newsmax. 528 00:25:47,400 --> 00:25:49,479 Speaker 1: And the whole thing with Newsmax is basically is like 529 00:25:49,800 --> 00:25:52,160 Speaker 1: Trump likes Newsmax, so you should watch it too. Tell 530 00:25:52,200 --> 00:25:53,440 Speaker 1: the president you watch TV. 531 00:25:53,600 --> 00:25:53,919 Speaker 2: Wait what? 532 00:25:55,440 --> 00:25:57,920 Speaker 1: And if that's part of your identity and who you are, 533 00:25:58,000 --> 00:26:00,399 Speaker 1: then isn't that a steady diet of more of the 534 00:26:00,480 --> 00:26:03,240 Speaker 1: things that you're addicted to? Now it doesn't give you 535 00:26:03,320 --> 00:26:04,760 Speaker 1: a great sense of what's going on the rest of 536 00:26:04,760 --> 00:26:07,320 Speaker 1: the world or opposing viewpoints, or you know, the ability 537 00:26:07,359 --> 00:26:09,560 Speaker 1: to think for yourself, which I try to do. I 538 00:26:09,640 --> 00:26:11,240 Speaker 1: just don't want people lying to me. I don't care 539 00:26:11,320 --> 00:26:13,960 Speaker 1: if you're a Democrat or Republican. I want to know 540 00:26:13,960 --> 00:26:15,520 Speaker 1: what the agenda is and let me figure out the 541 00:26:15,520 --> 00:26:18,360 Speaker 1: game myself. That's just how I'm more and I get 542 00:26:18,359 --> 00:26:20,720 Speaker 1: I'm a unicord in that regard. Although I suspect the 543 00:26:20,720 --> 00:26:23,760 Speaker 1: way things are going maybe more people are going to go, yeah, 544 00:26:23,800 --> 00:26:25,359 Speaker 1: you know what, maybe we got a back off, like 545 00:26:25,359 --> 00:26:26,960 Speaker 1: social media, we need a back off a little bit. 546 00:26:27,680 --> 00:26:30,000 Speaker 1: But you know, could you go after one of these 547 00:26:30,400 --> 00:26:33,280 Speaker 1: conservative or you know, if you I don't know, maybe 548 00:26:33,280 --> 00:26:36,360 Speaker 1: watch CNN. But now you're going, hey, you know, msnbs 549 00:26:36,359 --> 00:26:38,800 Speaker 1: are the view for God's sakes. With that First Amendment lawsuit, 550 00:26:38,840 --> 00:26:42,040 Speaker 1: same thing. It's like, if you want a steady diet 551 00:26:42,200 --> 00:26:45,600 Speaker 1: of progressive left or conservative right, you can find something 552 00:26:45,600 --> 00:26:48,280 Speaker 1: to do that for you. Because it's not an algorithm, 553 00:26:48,320 --> 00:26:50,560 Speaker 1: but it's alread it is. And so at the end 554 00:26:50,600 --> 00:26:52,560 Speaker 1: of the day, are we opening up Pandora's box. We're 555 00:26:52,600 --> 00:26:56,040 Speaker 1: engaging in anything becomes legally risky, whether I meaning it 556 00:26:56,080 --> 00:26:59,280 Speaker 1: a potato chip or watching I don't know, cable news. 557 00:27:01,000 --> 00:27:03,640 Speaker 1: That's a pretty slippery slope, I think. And now everything 558 00:27:03,680 --> 00:27:05,919 Speaker 1: that is because the idea of making a product is 559 00:27:05,960 --> 00:27:08,240 Speaker 1: to get more people to buy it, regardless of what 560 00:27:08,280 --> 00:27:11,199 Speaker 1: it is to consume it. And no one goes, hey, 561 00:27:11,200 --> 00:27:12,880 Speaker 1: I'm going to design a product, but I don't really 562 00:27:12,920 --> 00:27:16,760 Speaker 1: want that many people using I don't. I just there's 563 00:27:16,800 --> 00:27:19,680 Speaker 1: lit the old theory about it's really not that true. 564 00:27:19,680 --> 00:27:21,480 Speaker 1: But the idea you know, back in the old days, 565 00:27:21,520 --> 00:27:24,600 Speaker 1: I get a refrigerator, and the refrigerator the last seventy year, 566 00:27:24,640 --> 00:27:27,560 Speaker 1: I still got an old, you know, calvinator. In the garage, 567 00:27:28,080 --> 00:27:30,959 Speaker 1: I got a nord Er a Crossley that's still running. 568 00:27:31,000 --> 00:27:33,399 Speaker 1: And yeah, if you look in that thing, it's you know, 569 00:27:33,440 --> 00:27:35,240 Speaker 1: it's got a limited amount of parts. It was designed 570 00:27:35,280 --> 00:27:37,679 Speaker 1: to be replaced as or repair as supposed to replace. 571 00:27:37,720 --> 00:27:40,200 Speaker 1: But we live in a disposal age right now. It's 572 00:27:40,320 --> 00:27:43,280 Speaker 1: lowered the cost of those goods substantially compared to what 573 00:27:43,320 --> 00:27:45,840 Speaker 1: it was a long time ago. TV's are a great 574 00:27:45,840 --> 00:27:48,119 Speaker 1: example of that. You go back and look at I 575 00:27:48,119 --> 00:27:50,359 Speaker 1: don't know, the cost of a TV for a twenty 576 00:27:50,400 --> 00:27:52,680 Speaker 1: one inch you know, black and white TV let alone 577 00:27:52,760 --> 00:27:55,720 Speaker 1: color was like four hundred dollars back in the seventies 578 00:27:56,400 --> 00:27:59,919 Speaker 1: and sixties, and today, you know, you can get a 579 00:28:00,160 --> 00:28:02,560 Speaker 1: you know, an eighty inch TV for less than a 580 00:28:02,600 --> 00:28:06,400 Speaker 1: thousand dollars. For several hundred dollars. It's because well, it's 581 00:28:06,400 --> 00:28:08,680 Speaker 1: not meant to be repaired, it's meant to be disposed. 582 00:28:08,720 --> 00:28:10,800 Speaker 1: And they last a fairly long time for that matter. 583 00:28:12,200 --> 00:28:13,959 Speaker 1: But that's the idea here, is that, like, you know, 584 00:28:14,040 --> 00:28:16,160 Speaker 1: we keep changing things and it gets gets a little 585 00:28:16,200 --> 00:28:19,520 Speaker 1: better in a disposable society, for sure, But when it 586 00:28:19,560 --> 00:28:22,160 Speaker 1: comes to the issue of, you know, the consumer culture. 587 00:28:24,080 --> 00:28:26,119 Speaker 1: We try to make things as appealing as possible from 588 00:28:26,160 --> 00:28:29,320 Speaker 1: a cost standpoint, for sure with the TV analogy, but 589 00:28:29,480 --> 00:28:32,040 Speaker 1: also from something that we want to use over and 590 00:28:32,080 --> 00:28:34,960 Speaker 1: over and over again. Yeah, we want product and brand loyalty. 591 00:28:36,560 --> 00:28:41,160 Speaker 1: Isn't this essentially tied in a digital fashion? I mean, 592 00:28:41,200 --> 00:28:44,000 Speaker 1: can you go after Tide really cleans closed very very well? 593 00:28:44,040 --> 00:28:45,720 Speaker 1: It's all I want to use is Tide. Well, they 594 00:28:45,720 --> 00:28:47,560 Speaker 1: do a great job. Okay, P and G. So now 595 00:28:47,600 --> 00:28:48,760 Speaker 1: is there going to be a LOSSU against P and 596 00:28:48,800 --> 00:28:51,920 Speaker 1: gcs tied? So damn good? But you're not addicted to 597 00:28:51,920 --> 00:28:54,400 Speaker 1: it's got that yeah, but I'm addicted to that smell 598 00:28:54,400 --> 00:28:55,160 Speaker 1: and the clean. 599 00:28:57,240 --> 00:28:57,400 Speaker 3: You know. 600 00:28:57,520 --> 00:28:59,880 Speaker 1: And again, this is the way the legal system works. 601 00:28:59,880 --> 00:29:02,840 Speaker 1: It pushes boundaries for sure, and pushes a lot of buttons. 602 00:29:03,280 --> 00:29:05,920 Speaker 1: But I don't know, it's like we're battling over social 603 00:29:05,960 --> 00:29:08,600 Speaker 1: media as the bad guy here, and maybe it is 604 00:29:08,640 --> 00:29:12,520 Speaker 1: the smartphone. It's also probably a lot about us. It's 605 00:29:12,520 --> 00:29:17,120 Speaker 1: the damnedest thing that started with the tobacco settlements, and 606 00:29:17,160 --> 00:29:18,800 Speaker 1: that's a little bit different too in a sense. I 607 00:29:18,840 --> 00:29:22,280 Speaker 1: know that in this case, you know, there are documents 608 00:29:22,320 --> 00:29:26,000 Speaker 1: coming out from Facebook and those companies that said, yeah, 609 00:29:26,040 --> 00:29:29,719 Speaker 1: we've got an addictive product here, and we're keeping kids engaged, 610 00:29:29,760 --> 00:29:33,200 Speaker 1: but it also it's causing mental problems. It's a smoking 611 00:29:33,240 --> 00:29:36,400 Speaker 1: gun that executives knew their platforms harmed kids, but we 612 00:29:36,440 --> 00:29:39,520 Speaker 1: prioritize engagement in revenue. Anyway, I'm not sure if that's 613 00:29:39,560 --> 00:29:42,680 Speaker 1: legally damaging simply because like, Okay, we got a product 614 00:29:42,720 --> 00:29:45,600 Speaker 1: that's really really good and people, in this case kids 615 00:29:45,640 --> 00:29:48,800 Speaker 1: want to use it. Should that really be legally damaging? 616 00:29:50,680 --> 00:29:52,880 Speaker 1: I mean you can become addicted better to I guess 617 00:29:52,920 --> 00:29:56,920 Speaker 1: food or potato chips, and certainly smoking, then you could 618 00:29:57,040 --> 00:30:00,480 Speaker 1: social media or gun. I mean the argument fall apart 619 00:30:00,520 --> 00:30:03,280 Speaker 1: with weapons in that. Yeah, well, it's not a product 620 00:30:03,360 --> 00:30:06,240 Speaker 1: liability if it works as we sold it. Well, what 621 00:30:06,280 --> 00:30:09,160 Speaker 1: do you mean, Well, you're saying it's the product's dangerous. 622 00:30:09,160 --> 00:30:13,040 Speaker 1: It's the liability. It's not dangerous in a sense of 623 00:30:13,280 --> 00:30:17,760 Speaker 1: a defect. It's not defective at all. But you know, 624 00:30:17,760 --> 00:30:19,800 Speaker 1: it's saying, like a lighter, I burned my house down 625 00:30:19,840 --> 00:30:22,840 Speaker 1: because the lighter worked. Yeah, well, you know you took 626 00:30:22,880 --> 00:30:25,200 Speaker 1: the little bit lighter out and you pulled that little 627 00:30:25,200 --> 00:30:27,480 Speaker 1: wheel and it made a spark, and then your thumb 628 00:30:27,560 --> 00:30:29,360 Speaker 1: hit the button and made the buttane come out, and 629 00:30:29,360 --> 00:30:31,200 Speaker 1: now you've got a flame the cause your fired that 630 00:30:31,280 --> 00:30:33,440 Speaker 1: caused the house to burn down. No, no, it's not 631 00:30:33,520 --> 00:30:37,560 Speaker 1: the lighter's fault. At some point, you know, we do 632 00:30:37,640 --> 00:30:39,680 Speaker 1: have to take accountability here, and I know it's easier 633 00:30:39,680 --> 00:30:43,680 Speaker 1: said than done, because you know, raising my kids was hard, 634 00:30:43,960 --> 00:30:45,640 Speaker 1: and I don't know if I did, how good a 635 00:30:45,720 --> 00:30:48,000 Speaker 1: job I did, We don't know. I guess the standard 636 00:30:48,080 --> 00:30:52,440 Speaker 1: right now is you know, nobody is in prison. I mean, 637 00:30:52,600 --> 00:30:54,520 Speaker 1: if you st the par really low, neither my kids 638 00:30:54,560 --> 00:30:57,760 Speaker 1: are in prison. I think it's good enough, but tend 639 00:30:57,800 --> 00:31:02,000 Speaker 1: to be good, good people. Now, you may measure it differently, 640 00:31:02,040 --> 00:31:03,720 Speaker 1: and everyone does. As a parable, we don't know what 641 00:31:03,800 --> 00:31:05,719 Speaker 1: the yardstick is. What is it supposed to be, how 642 00:31:05,760 --> 00:31:08,479 Speaker 1: much money you make, how much education you have, what 643 00:31:08,560 --> 00:31:11,960 Speaker 1: you look like. I'm not quite sure, but everyone's different 644 00:31:11,960 --> 00:31:14,720 Speaker 1: in that regard. The one constant is it's damn near 645 00:31:14,760 --> 00:31:17,640 Speaker 1: in posset. It's really really hard to do. And to 646 00:31:17,680 --> 00:31:20,240 Speaker 1: simply let your kids be ferial and go, okay, well 647 00:31:20,320 --> 00:31:22,280 Speaker 1: you go here here's a phone, go have fun. Just 648 00:31:22,280 --> 00:31:26,000 Speaker 1: don't bother me. I know it's today's version of you know, 649 00:31:26,040 --> 00:31:27,920 Speaker 1: my mom and dad would go, hey, here's a TV. 650 00:31:28,000 --> 00:31:29,720 Speaker 1: Here's some ma Ree runs, or watch TV. Leave me 651 00:31:29,760 --> 00:31:33,040 Speaker 1: alone for a minute. You know, TV was the babysitter. 652 00:31:33,080 --> 00:31:34,880 Speaker 1: Now it's something digital. How you going to a restaurant, 653 00:31:34,920 --> 00:31:38,240 Speaker 1: how many kids or adults for that matter, are engaged 654 00:31:38,240 --> 00:31:41,320 Speaker 1: on the screen. You know, you've got the you've got 655 00:31:41,320 --> 00:31:44,720 Speaker 1: the tablet that you bring in with the cartoon on 656 00:31:44,840 --> 00:31:46,200 Speaker 1: it or game or whatever it is. And you know, 657 00:31:46,280 --> 00:31:48,160 Speaker 1: kids as young as three four five are sitting there 658 00:31:48,600 --> 00:31:51,080 Speaker 1: waiting for the meal to come out, and they're they're 659 00:31:51,120 --> 00:31:53,360 Speaker 1: engaged with a digital thing. You know, in spite of 660 00:31:53,360 --> 00:31:57,040 Speaker 1: engaging with the family, you give them a tablet and 661 00:31:57,080 --> 00:32:00,920 Speaker 1: they shut the hell up. It's a digital pacify. Yeah, 662 00:32:00,960 --> 00:32:02,959 Speaker 1: we've all done that in some regard help. You know, 663 00:32:03,040 --> 00:32:04,760 Speaker 1: back in the day when the mini and are still there, 664 00:32:04,760 --> 00:32:06,760 Speaker 1: but the you know minivans, Hey I got a TV. 665 00:32:06,760 --> 00:32:08,200 Speaker 1: I can put a video on for my kid in 666 00:32:08,240 --> 00:32:10,360 Speaker 1: the back seat, so they quit bugging the hell out 667 00:32:10,360 --> 00:32:12,520 Speaker 1: of me. We've all done that in some way, shape 668 00:32:12,600 --> 00:32:15,520 Speaker 1: or form. Some people more extreme than the others but 669 00:32:15,800 --> 00:32:17,440 Speaker 1: is it the fault of the You know, kids want 670 00:32:17,480 --> 00:32:19,640 Speaker 1: to watch NonStop. My kid love Toy Story when he 671 00:32:19,720 --> 00:32:21,400 Speaker 1: was growing up. Mean, we watch it once a day 672 00:32:21,440 --> 00:32:24,400 Speaker 1: for real. I have the movie on and then you 673 00:32:24,440 --> 00:32:26,040 Speaker 1: got to say, hey, listen, we need to turn it off. 674 00:32:26,080 --> 00:32:28,560 Speaker 1: Despite the tantrum they held, you're still at the day. 675 00:32:28,600 --> 00:32:31,280 Speaker 1: You have to be the gatekeeper here, not expecting a 676 00:32:31,280 --> 00:32:35,320 Speaker 1: big company like Meta or YouTube or Facebook or TikTok 677 00:32:35,400 --> 00:32:38,680 Speaker 1: to do that for us, because watch out for the consequence. 678 00:32:38,680 --> 00:32:40,840 Speaker 1: If we want that to happen as a society, then 679 00:32:41,360 --> 00:32:43,120 Speaker 1: watch out for the negative side, which is going to 680 00:32:43,120 --> 00:32:44,880 Speaker 1: be them going after Oh hey, wait a minute, Now 681 00:32:44,920 --> 00:32:48,560 Speaker 1: that's different. I was watching that. Yeah, well good, now 682 00:32:48,560 --> 00:32:51,480 Speaker 1: we're gonna shut down cable news or whatever it might 683 00:32:51,520 --> 00:32:54,920 Speaker 1: be that you're consuming, because essentially it's an algorithm. Let 684 00:32:54,920 --> 00:32:56,720 Speaker 1: me get a news update and we'll continue this thread 685 00:32:56,800 --> 00:32:59,040 Speaker 1: in a minute. A little bit different here, you know, 686 00:32:59,080 --> 00:33:01,200 Speaker 1: a high windy can. We have banned cell phones in 687 00:33:01,240 --> 00:33:05,240 Speaker 1: schools largely, which I think and for an educational perspective 688 00:33:05,280 --> 00:33:07,760 Speaker 1: and during instructional time. I think it's obviously that's a 689 00:33:07,760 --> 00:33:11,480 Speaker 1: no brainer. However, the idea, what are social media or 690 00:33:11,480 --> 00:33:11,920 Speaker 1: phones for? 691 00:33:11,960 --> 00:33:12,440 Speaker 2: That matter. 692 00:33:13,200 --> 00:33:15,520 Speaker 1: Schools have banned cell phones, as you know, and I 693 00:33:15,560 --> 00:33:17,280 Speaker 1: wonder now, as we're starting to get more data out 694 00:33:17,320 --> 00:33:20,480 Speaker 1: about this, that maybe the phone wasn't the problem, because 695 00:33:20,880 --> 00:33:23,480 Speaker 1: twenty five percent still of teachers say I have a 696 00:33:23,480 --> 00:33:27,160 Speaker 1: difficult time trying to kid keep the young people engaged. Well, 697 00:33:27,400 --> 00:33:29,000 Speaker 1: we thought it was cell phones, but it turns out 698 00:33:29,040 --> 00:33:31,000 Speaker 1: it's not. What else does it play here? I got 699 00:33:31,000 --> 00:33:32,840 Speaker 1: an idea. We'll share that just ahead here with my 700 00:33:32,840 --> 00:33:35,480 Speaker 1: guest Christine Miles after news on the Home of the 701 00:33:35,560 --> 00:33:38,680 Speaker 1: Red seven hundred ww Cincinnati. By the way, iHeartMedia and 702 00:33:38,880 --> 00:33:41,080 Speaker 1: the Big One. Salute Cincinnati's own Procter and Gamble. If 703 00:33:41,120 --> 00:33:43,040 Speaker 1: you've got someone there you'd like for us to recognize 704 00:33:43,080 --> 00:33:45,680 Speaker 1: on the air, text their name to five one eight 705 00:33:45,800 --> 00:33:51,320 Speaker 1: eight one and be listening. Flown me here on seven 706 00:33:51,400 --> 00:33:55,680 Speaker 1: hundred WWS. Schools across America locking up, snatching up kids 707 00:33:55,720 --> 00:33:59,000 Speaker 1: cell phones like their hot conquer band. So you got 708 00:33:59,040 --> 00:34:00,719 Speaker 1: bell to bell bands, you got the big mad night 709 00:34:00,760 --> 00:34:04,720 Speaker 1: of pousage, you got confiscation. Policies. Ohio, Kentucky, Indiana all 710 00:34:04,760 --> 00:34:08,799 Speaker 1: require school districts to implement policies banning those phones during 711 00:34:08,800 --> 00:34:11,640 Speaker 1: instructional class time. And each state's so a little bit 712 00:34:11,640 --> 00:34:13,600 Speaker 1: different than that. Every but largely most states have this 713 00:34:13,680 --> 00:34:14,240 Speaker 1: conon policy. 714 00:34:14,280 --> 00:34:14,959 Speaker 2: But here's the question. 715 00:34:15,000 --> 00:34:17,200 Speaker 1: You're ready for the question, here's the question no one's 716 00:34:17,239 --> 00:34:20,480 Speaker 1: asking us. So new studies come out, and not just new, 717 00:34:20,520 --> 00:34:23,440 Speaker 1: but preceding studies have come out. The shows teachers spend 718 00:34:23,640 --> 00:34:27,359 Speaker 1: somewhere between twenty five and thirty something percent of their day, 719 00:34:27,440 --> 00:34:29,600 Speaker 1: so between a quarter and a third of their instructional 720 00:34:29,640 --> 00:34:35,040 Speaker 1: day trying to get kids to listen despite strict cell 721 00:34:35,040 --> 00:34:40,400 Speaker 1: phone bans. That hasn't changed. So our phones the core problem? 722 00:34:40,560 --> 00:34:41,880 Speaker 1: Or is it just a scapegoat? 723 00:34:41,880 --> 00:34:42,080 Speaker 4: On that? 724 00:34:42,280 --> 00:34:45,800 Speaker 1: Christine Miles, she's a psychologist and works with school systems 725 00:34:45,800 --> 00:34:48,759 Speaker 1: across the country. Founder of the Listening Past. Christine, Welcome 726 00:34:48,840 --> 00:34:50,720 Speaker 1: are you? I'm great. 727 00:34:50,920 --> 00:34:53,520 Speaker 5: I'm so glad we're talking about this, so thanks for 728 00:34:53,560 --> 00:34:54,040 Speaker 5: having me on. 729 00:34:54,200 --> 00:34:57,160 Speaker 1: Yeah, you know, I was thinking about this before a conversation, 730 00:34:57,640 --> 00:35:00,000 Speaker 1: and you know I was not. I don't know about you, 731 00:35:00,160 --> 00:35:02,000 Speaker 1: but I was not part of the cell phone generation. 732 00:35:02,080 --> 00:35:04,680 Speaker 1: Obviously I had my mobile down and had it for 733 00:35:05,000 --> 00:35:08,399 Speaker 1: twenty thirty years. But I look back and go, wow, 734 00:35:08,440 --> 00:35:10,000 Speaker 1: we didn't have this problem when I was a kid. 735 00:35:10,160 --> 00:35:13,200 Speaker 1: As most parents and grandparents certainly say things are different. 736 00:35:13,200 --> 00:35:14,719 Speaker 1: Of course they're supposed to be different. That's how the 737 00:35:14,760 --> 00:35:17,520 Speaker 1: world this is, That's how America's designed. I guess this 738 00:35:17,560 --> 00:35:20,200 Speaker 1: would be like what if I in school, if I 739 00:35:20,239 --> 00:35:22,719 Speaker 1: were allowed to bring my TV with a cable on 740 00:35:22,800 --> 00:35:26,319 Speaker 1: it and I could watch MTV, What that would do 741 00:35:26,520 --> 00:35:27,600 Speaker 1: for my ability to learn? 742 00:35:27,680 --> 00:35:30,840 Speaker 2: It's the same thing, right it really. 743 00:35:30,640 --> 00:35:34,239 Speaker 5: That's beautifully said, That's exactly what it is. We don't 744 00:35:34,239 --> 00:35:39,120 Speaker 5: need We just don't need the cord. Yeah, so so, 745 00:35:39,640 --> 00:35:43,239 Speaker 5: But I so appreciate the question because it is a 746 00:35:43,280 --> 00:35:46,080 Speaker 5: big It is a big, big problem, and I'm so 747 00:35:46,200 --> 00:35:47,680 Speaker 5: glad the schools are finally. 748 00:35:47,400 --> 00:35:48,080 Speaker 2: Taking this step. 749 00:35:48,120 --> 00:35:50,359 Speaker 5: I mean, we know better, we do better. I mean 750 00:35:50,680 --> 00:35:53,759 Speaker 5: I remember I grew up when smoking was allowed in 751 00:35:53,800 --> 00:35:55,880 Speaker 5: most places, but then we realized it was harmful for 752 00:35:55,920 --> 00:35:58,520 Speaker 5: your health, so we took it outside and we made 753 00:35:58,520 --> 00:36:01,960 Speaker 5: smoking areas and things like that. So setting some limits 754 00:36:02,040 --> 00:36:05,080 Speaker 5: is similar to that, Because I think this is like 755 00:36:05,239 --> 00:36:08,000 Speaker 5: that the ships sailed before we knew what the repercussions were. 756 00:36:08,680 --> 00:36:12,239 Speaker 5: And I don't think it's the root cause it's just 757 00:36:12,320 --> 00:36:15,840 Speaker 5: that in gasoline to the already raging fire. In terms 758 00:36:15,840 --> 00:36:20,600 Speaker 5: of the problem of kids, struggling to listen. There's also 759 00:36:20,719 --> 00:36:22,799 Speaker 5: some rebound effects here. So you take the phones out 760 00:36:22,840 --> 00:36:26,880 Speaker 5: of the schools, and attention spans are still harder to 761 00:36:26,960 --> 00:36:29,759 Speaker 5: come by because when if they're on their phones and 762 00:36:29,800 --> 00:36:33,040 Speaker 5: on devices, which the numbers are kind of staggering. You know, 763 00:36:33,280 --> 00:36:36,000 Speaker 5: these are spending nine hours plus a day outside of 764 00:36:36,040 --> 00:36:38,400 Speaker 5: school work. That's a lot of time. So it's not 765 00:36:38,440 --> 00:36:41,960 Speaker 5: like your brain's going to recover just because you don't 766 00:36:42,000 --> 00:36:44,960 Speaker 5: have it in school. But again we're still it's still 767 00:36:45,000 --> 00:36:47,440 Speaker 5: not the root cause. In my opinion, the root cause 768 00:36:47,560 --> 00:36:49,680 Speaker 5: is that we're told, not taught, and this is a 769 00:36:49,680 --> 00:36:52,680 Speaker 5: problem since been documented since the nineteen fifties. 770 00:36:53,120 --> 00:36:55,320 Speaker 1: Yeah, I was making that case, and this kind of 771 00:36:55,360 --> 00:36:57,839 Speaker 1: a theme show today on this I had earlier. We're 772 00:36:57,880 --> 00:37:01,080 Speaker 1: talking about the social media live trial. It's about to 773 00:37:01,120 --> 00:37:04,000 Speaker 1: happen that social media and TikTok and snapchat and instant, 774 00:37:04,080 --> 00:37:07,239 Speaker 1: all those platforms are addictive by design and will ruin 775 00:37:07,239 --> 00:37:09,279 Speaker 1: your kid's life. Yeah, if they go uncheck, if they're 776 00:37:09,280 --> 00:37:12,319 Speaker 1: completely fear aal online with no roadblocks up, But that's 777 00:37:12,320 --> 00:37:14,080 Speaker 1: on the parent. I don't think that's on the company 778 00:37:14,280 --> 00:37:16,920 Speaker 1: also made the case that the social is not the problem. 779 00:37:16,960 --> 00:37:19,680 Speaker 1: The phone itself is the problem. It is like literal, 780 00:37:19,760 --> 00:37:22,239 Speaker 1: I mean, it's it's like bringing it's a handheld damn 781 00:37:22,320 --> 00:37:24,520 Speaker 1: casino is what it is. Right, It's like I've got 782 00:37:24,560 --> 00:37:27,560 Speaker 1: everything out that it's not social. It's I can message, 783 00:37:27,600 --> 00:37:29,560 Speaker 1: I can look at videos, i can watch porn, I 784 00:37:29,600 --> 00:37:32,040 Speaker 1: can check sports, I can bet online, I can I 785 00:37:32,080 --> 00:37:33,880 Speaker 1: can do all of these things in the problem in 786 00:37:33,880 --> 00:37:36,520 Speaker 1: my hand. That's really it's not social. It's the phone. 787 00:37:38,080 --> 00:37:40,919 Speaker 5: Well, it's it's all the things that are coming. It's 788 00:37:40,960 --> 00:37:43,880 Speaker 5: the world coming at kids, not the world, you know, 789 00:37:44,080 --> 00:37:47,040 Speaker 5: not kids exploring the world and what's finding them. 790 00:37:47,800 --> 00:37:48,040 Speaker 4: You know. 791 00:37:48,480 --> 00:37:50,919 Speaker 5: Again, there's could be a lot of debate about algorithms 792 00:37:50,960 --> 00:37:53,160 Speaker 5: and how we're targeting just espe. We could have debates 793 00:37:53,160 --> 00:37:56,640 Speaker 5: about cigarette companies targeting the brain and making things addictive. 794 00:37:56,800 --> 00:38:01,839 Speaker 5: So there's there's it's a very complex issue, and I think, yes, 795 00:38:02,080 --> 00:38:05,800 Speaker 5: parental control is important schools. Taking these steps is important 796 00:38:05,800 --> 00:38:08,600 Speaker 5: when again, when we know better, we do better, and 797 00:38:08,880 --> 00:38:12,200 Speaker 5: we still be One of the things taking this time 798 00:38:12,280 --> 00:38:15,719 Speaker 5: away in schools is that it forces us to do 799 00:38:16,080 --> 00:38:20,560 Speaker 5: something else. So, you know, I've talked with parents, as 800 00:38:20,600 --> 00:38:23,279 Speaker 5: you know, a family therapist and one time a parent 801 00:38:23,360 --> 00:38:25,680 Speaker 5: said to me, what if my child won't eat anything, 802 00:38:25,840 --> 00:38:28,440 Speaker 5: drink anything but soda? And I said, well, if you 803 00:38:28,480 --> 00:38:31,520 Speaker 5: take soda away in the house, they'll get thirsty eventually. 804 00:38:32,120 --> 00:38:35,239 Speaker 5: So you know they'll eventually drink water if water is 805 00:38:35,239 --> 00:38:37,759 Speaker 5: all there is. So what will happen is kids will 806 00:38:37,800 --> 00:38:42,000 Speaker 5: start to reacclimate towards socializing with each other more than 807 00:38:42,040 --> 00:38:44,360 Speaker 5: they will to the phones when the phones aren't in 808 00:38:44,400 --> 00:38:46,839 Speaker 5: front of them. But it's two at tempting, So we 809 00:38:46,880 --> 00:38:49,879 Speaker 5: need to remove those barriers. But then we also got 810 00:38:49,880 --> 00:38:51,840 Speaker 5: to give them the skills. I mean, we've been telling 811 00:38:52,280 --> 00:38:55,400 Speaker 5: we've been telling people to listen kids, starting with kids 812 00:38:55,440 --> 00:38:58,839 Speaker 5: from like I said, this is a problem documented back 813 00:38:58,880 --> 00:39:01,960 Speaker 5: to the nineteen fifties where we don't have formal listening 814 00:39:02,120 --> 00:39:06,000 Speaker 5: education and classrooms. So we tell them expecting the ears 815 00:39:06,080 --> 00:39:09,560 Speaker 5: to do the work instead of building this as a skill, 816 00:39:09,600 --> 00:39:10,840 Speaker 5: which is what it is. 817 00:39:10,920 --> 00:39:12,560 Speaker 1: Yeah, yeah, I mean I saw we should be addressing 818 00:39:12,600 --> 00:39:16,399 Speaker 1: in school. She's a schools that's Christine Mouse, psychologist. Let's 819 00:39:16,440 --> 00:39:18,160 Speaker 1: back up a little bit what goes on in the 820 00:39:18,239 --> 00:39:22,400 Speaker 1: adolescent brain from a developmental psychology perspective, what's actually happening 821 00:39:22,440 --> 00:39:24,320 Speaker 1: when their kids are always on their phone? And you 822 00:39:24,360 --> 00:39:26,719 Speaker 1: metch you know, nine, ten, twelve or more hours a day. 823 00:39:28,200 --> 00:39:31,880 Speaker 5: Well, so I will say that I can talk about 824 00:39:31,880 --> 00:39:35,400 Speaker 5: this from the This is not my core expertise. I'm 825 00:39:35,440 --> 00:39:39,400 Speaker 5: a systems family therapist. But what I do know and 826 00:39:39,440 --> 00:39:42,279 Speaker 5: what the research is, it's just a it's a dopamine hit. 827 00:39:42,520 --> 00:39:45,920 Speaker 5: It's a constant dopamine hit. It is it is asking 828 00:39:46,000 --> 00:39:48,319 Speaker 5: like a drug. Now we can talk about that from 829 00:39:48,360 --> 00:39:52,040 Speaker 5: an adult perspective, and we know how difficult that is. 830 00:39:52,080 --> 00:39:54,160 Speaker 5: You talked about family, you talked about porn. These are 831 00:39:54,160 --> 00:39:57,360 Speaker 5: things for adults that they struggle with in terms of 832 00:39:57,400 --> 00:39:59,920 Speaker 5: the time on the phone. When you're bringing to the 833 00:40:00,000 --> 00:40:04,040 Speaker 5: developing we're in a whole different realm here. So we 834 00:40:04,040 --> 00:40:07,520 Speaker 5: were not forming the pathways that need to be formed 835 00:40:07,960 --> 00:40:13,040 Speaker 5: in early childhood and in adolescence, which is really why 836 00:40:13,120 --> 00:40:17,440 Speaker 5: it's so dangerous, because we're changing those neuropathways we're getting 837 00:40:17,600 --> 00:40:20,279 Speaker 5: they're having a hard time self soothing, They're having a 838 00:40:20,280 --> 00:40:22,239 Speaker 5: hard time you know. This is why we know the 839 00:40:22,280 --> 00:40:25,200 Speaker 5: mental health issues are spiking, not just the attention issues. 840 00:40:25,280 --> 00:40:28,400 Speaker 5: This is very well documented now in the in the literature. 841 00:40:28,920 --> 00:40:33,160 Speaker 1: Okay, but there's also a separation factor here. I guess 842 00:40:33,280 --> 00:40:36,520 Speaker 1: for lack of a better word, we're seeing some students 843 00:40:36,520 --> 00:40:40,280 Speaker 1: are you know, they're experiencing genuine anxiety and panic attacks 844 00:40:40,280 --> 00:40:43,960 Speaker 1: when they're separated from their phones during these bands. Is 845 00:40:43,960 --> 00:40:46,960 Speaker 1: that a clinical concern we should take seriously or is 846 00:40:47,000 --> 00:40:48,799 Speaker 1: that a warning for everyone else? 847 00:40:50,160 --> 00:40:52,920 Speaker 5: Well, I think it's a withdrawal issue. I think this 848 00:40:53,080 --> 00:40:56,480 Speaker 5: is exactly you know what, let's go back to something simple. 849 00:40:56,719 --> 00:40:58,960 Speaker 5: You know, we get to the pacifier because it helps 850 00:40:59,000 --> 00:41:02,160 Speaker 5: them sue themselves and when it's time, when the parents go, okay, 851 00:41:02,160 --> 00:41:04,719 Speaker 5: it's time to now wean off of that. There's some 852 00:41:04,880 --> 00:41:07,600 Speaker 5: peers that when we have to say goodbye to something 853 00:41:07,600 --> 00:41:10,600 Speaker 5: that was helping us south just because it helps us 854 00:41:10,600 --> 00:41:12,680 Speaker 5: suit doesn't mean it's good for us. This is not 855 00:41:12,719 --> 00:41:15,360 Speaker 5: how we want we want kids to regulate is through 856 00:41:15,680 --> 00:41:18,400 Speaker 5: a device and through having to have constant you know, 857 00:41:18,520 --> 00:41:22,840 Speaker 5: attention coming at us, so that our constant stimulus. So 858 00:41:22,960 --> 00:41:26,520 Speaker 5: we're we're not thinking, feeling, or even operating in the 859 00:41:26,600 --> 00:41:30,120 Speaker 5: present and that's the danger zone. So this is where 860 00:41:30,440 --> 00:41:33,080 Speaker 5: but we've got to fill that gap so that they're 861 00:41:33,120 --> 00:41:36,719 Speaker 5: not as anxious again, this is where the socialization is 862 00:41:36,760 --> 00:41:40,320 Speaker 5: the answer. It's not just take it away, it's the 863 00:41:40,400 --> 00:41:42,439 Speaker 5: only way to stop the behavior to start a new one. 864 00:41:42,680 --> 00:41:45,000 Speaker 5: So you take the phones away, now you have to 865 00:41:45,040 --> 00:41:49,320 Speaker 5: replace it with more socialization, more skill building around listening. 866 00:41:49,320 --> 00:41:51,960 Speaker 5: Which is why again teachers have been telling kids to 867 00:41:52,000 --> 00:41:55,759 Speaker 5: listen in the classrooms for you know, decades, and this 868 00:41:55,960 --> 00:41:58,600 Speaker 5: is a constant battle because it's hard to pay attention 869 00:41:58,719 --> 00:42:01,200 Speaker 5: for eight hours a day, especially if you don't have 870 00:42:01,280 --> 00:42:03,800 Speaker 5: the skill. If I said, you go run a marathon 871 00:42:03,960 --> 00:42:06,279 Speaker 5: that you know how to run, but get into the 872 00:42:07,000 --> 00:42:09,799 Speaker 5: get to the end of the race. Got you gotta train, 873 00:42:09,840 --> 00:42:11,920 Speaker 5: you gotta build the muscle. And so this is our 874 00:42:12,000 --> 00:42:16,359 Speaker 5: opportunity is to finally solve this problemhich is what I'm 875 00:42:16,480 --> 00:42:19,879 Speaker 5: committed to doing, is to is to provide education from 876 00:42:20,080 --> 00:42:24,240 Speaker 5: elementary classrooms to corporations. Because it doesn't matter what age 877 00:42:24,239 --> 00:42:26,960 Speaker 5: you are, you only you know, a very small percentage, 878 00:42:27,000 --> 00:42:29,560 Speaker 5: less than two percent have any formal listening training. 879 00:42:29,640 --> 00:42:33,000 Speaker 1: Yeah, she is Christine Miles. She's a psychologist of what 880 00:42:33,040 --> 00:42:34,720 Speaker 1: it's cost to you not to listen to the founder 881 00:42:34,760 --> 00:42:37,600 Speaker 1: of the listening path or talking about school cell phone 882 00:42:37,640 --> 00:42:39,560 Speaker 1: And then we have that in Ohio, Kentucky, Indiana to 883 00:42:39,600 --> 00:42:42,879 Speaker 1: a large degree. But the question nobody's asking that I'm 884 00:42:42,880 --> 00:42:44,680 Speaker 1: bringing in this morning is their studies are coming out 885 00:42:44,680 --> 00:42:47,440 Speaker 1: and they're showing that teachers still spend a quarter or 886 00:42:47,440 --> 00:42:49,839 Speaker 1: more of their workday, of their instruction day, just trying 887 00:42:49,840 --> 00:42:51,960 Speaker 1: to get kids to listen. Then that was before and 888 00:42:51,960 --> 00:42:54,200 Speaker 1: now after cell phone band, so our cell phone is 889 00:42:54,239 --> 00:42:57,080 Speaker 1: really the problem. They really wreck kids lives. I've also 890 00:42:57,160 --> 00:42:59,279 Speaker 1: seen studies that pointed out early it said that that, 891 00:42:59,600 --> 00:43:01,600 Speaker 1: you know, the extreme is if you spend all your 892 00:43:01,600 --> 00:43:03,560 Speaker 1: time on the phone, it's really really bad for you. 893 00:43:03,560 --> 00:43:05,359 Speaker 1: I mean, it's horrible for your development, all these things 894 00:43:05,360 --> 00:43:09,120 Speaker 1: we're talking about. That's absolutely true. But kids who do 895 00:43:09,200 --> 00:43:11,080 Speaker 1: aren't on social or don't have phones, who don't use 896 00:43:11,120 --> 00:43:14,440 Speaker 1: them aren't allowed to tend to also suffer some of 897 00:43:14,440 --> 00:43:16,680 Speaker 1: those same symptoms. May not the extreme we're talking about 898 00:43:16,760 --> 00:43:19,960 Speaker 1: with overusage, but under usage. There's a sweet spot right 899 00:43:20,000 --> 00:43:22,279 Speaker 1: in the middle. And when I hear that, I go, Okay. 900 00:43:22,400 --> 00:43:25,680 Speaker 1: Kids if they're exposed a little social media and able 901 00:43:25,719 --> 00:43:29,000 Speaker 1: to congregate online with friends, because that's how kids socialize today. 902 00:43:29,360 --> 00:43:31,399 Speaker 1: I was a kid where we'd socialized at the mall 903 00:43:31,560 --> 00:43:34,239 Speaker 1: or the arcade, and kids today do it digitally. So 904 00:43:34,239 --> 00:43:36,200 Speaker 1: we have to lean into that. Is this just a 905 00:43:36,320 --> 00:43:39,160 Speaker 1: lesson that we are woefully behind how we educate kids 906 00:43:39,200 --> 00:43:41,719 Speaker 1: in America still today, because we're teaching them like we 907 00:43:41,760 --> 00:43:44,120 Speaker 1: did a couple hundred years ago. There's a you know, 908 00:43:44,160 --> 00:43:46,279 Speaker 1: maybe it's instead of a blackboard, it's a whiteboard or 909 00:43:46,280 --> 00:43:49,719 Speaker 1: a smartboard, but you're still it's rote memorization. It's all 910 00:43:49,719 --> 00:43:52,279 Speaker 1: these things we've taught kids largely the same way. If 911 00:43:52,600 --> 00:43:56,760 Speaker 1: phones and social media, Christine, are changing kids' brains, shouldn't 912 00:43:56,800 --> 00:43:59,959 Speaker 1: we be adopting the school curricula to meet the way 913 00:44:00,120 --> 00:44:02,640 Speaker 1: kids learn now as opposed to how they did a 914 00:44:02,680 --> 00:44:03,680 Speaker 1: couple hundred years ago. 915 00:44:05,200 --> 00:44:07,480 Speaker 5: Well, you're this is such a good point. I mean, 916 00:44:07,520 --> 00:44:09,640 Speaker 5: we we know that just what we know about the 917 00:44:10,239 --> 00:44:14,680 Speaker 5: neurodivergency and the way kids learn that. Look, we're you know, 918 00:44:14,840 --> 00:44:16,719 Speaker 5: you and I could go back and say, well, you know, 919 00:44:17,120 --> 00:44:20,239 Speaker 5: if somebody was dyslexic or had genuinely had a d 920 00:44:20,440 --> 00:44:23,239 Speaker 5: D or things like that, this wasn't necessarily talked about 921 00:44:23,480 --> 00:44:27,080 Speaker 5: or diagnosed to the same degree. We once could argue that, 922 00:44:27,480 --> 00:44:29,600 Speaker 5: you know, not everybody has a d D that, but 923 00:44:29,680 --> 00:44:31,640 Speaker 5: it is real. It is a real thing. So we 924 00:44:31,760 --> 00:44:35,600 Speaker 5: just know that teachers have a lot of divergent learning 925 00:44:35,640 --> 00:44:38,600 Speaker 5: needs and so it's really about meeting kids where they are, 926 00:44:38,640 --> 00:44:40,680 Speaker 5: which is part of why the listening is hard too, 927 00:44:40,760 --> 00:44:43,960 Speaker 5: because kids needs are different, which is why this is 928 00:44:44,000 --> 00:44:47,479 Speaker 5: a this you're The point you're making is I think 929 00:44:47,560 --> 00:44:50,000 Speaker 5: and I which is where my heart and soul is 930 00:44:50,000 --> 00:44:52,640 Speaker 5: is this is a systemic problem. We're not going to 931 00:44:52,719 --> 00:44:55,719 Speaker 5: fix this with one thing. Again, we know that that 932 00:44:55,880 --> 00:45:00,560 Speaker 5: phone that what we're trying to prevent is is keeping 933 00:45:00,600 --> 00:45:04,480 Speaker 5: them off of engaging with each other, engaging with the future, 934 00:45:04,520 --> 00:45:07,879 Speaker 5: and engaging with the with the core curriculum. Like you said, 935 00:45:07,920 --> 00:45:10,760 Speaker 5: take the TV out of the classroom, that's just common sense. 936 00:45:10,840 --> 00:45:13,279 Speaker 5: Right then we have the issue of what we do 937 00:45:13,360 --> 00:45:15,600 Speaker 5: at home and how we limit time. We know that 938 00:45:15,680 --> 00:45:19,160 Speaker 5: past the screen time, the scrolling, the doom scrolling, that's 939 00:45:19,239 --> 00:45:23,160 Speaker 5: not super productive and that can get that's very addictive. Well, 940 00:45:23,239 --> 00:45:26,080 Speaker 5: you know, then there's some socialization. How can you mitigate 941 00:45:26,080 --> 00:45:28,360 Speaker 5: that with socialization? And then you get to the but 942 00:45:28,520 --> 00:45:30,640 Speaker 5: you take all that and you cure all that, you 943 00:45:30,719 --> 00:45:33,279 Speaker 5: still have this learning problem and you still have this 944 00:45:33,320 --> 00:45:39,800 Speaker 5: listening problem. To systemic communication problem. We focus on speaking, telling, knowing, 945 00:45:40,239 --> 00:45:44,120 Speaker 5: and test scores versus how we're learning, and that's what AI, 946 00:45:45,080 --> 00:45:46,960 Speaker 5: in my opinion, is going to come in and change 947 00:45:47,040 --> 00:45:49,279 Speaker 5: is that. You know, we had the calculator. Now we 948 00:45:49,360 --> 00:45:52,240 Speaker 5: have something that can do the formulators but have formulas. 949 00:45:52,280 --> 00:45:55,120 Speaker 5: But how can you explain it, How can you make 950 00:45:55,239 --> 00:45:57,440 Speaker 5: sense out of it? How can you show up as 951 00:45:57,440 --> 00:45:59,680 Speaker 5: a person that knows how to collaborate? And these are 952 00:45:59,719 --> 00:46:02,120 Speaker 5: all the skills that are at the core of what's 953 00:46:02,160 --> 00:46:06,200 Speaker 5: going to make somebody successful in the future. Starting we 954 00:46:06,320 --> 00:46:09,200 Speaker 5: got to start teaching that at a very early age, 955 00:46:09,239 --> 00:46:11,719 Speaker 5: as early as first grade, so that they're ready. And 956 00:46:11,760 --> 00:46:14,440 Speaker 5: this is where we have to fit this systemically, so 957 00:46:14,440 --> 00:46:17,200 Speaker 5: that we're teaching the skills so everybody is a common 958 00:46:17,280 --> 00:46:20,279 Speaker 5: language is how so they can understand. 959 00:46:20,320 --> 00:46:22,360 Speaker 1: So there's another factor here in my mind that this 960 00:46:22,440 --> 00:46:25,040 Speaker 1: whole thing and I get it. There's a lot of 961 00:46:25,040 --> 00:46:28,480 Speaker 1: talk about phones descrying attention spans, and the argument is 962 00:46:28,520 --> 00:46:30,239 Speaker 1: whether the phone is the cause or just the most 963 00:46:30,239 --> 00:46:33,279 Speaker 1: convenient delivery system for a culture that's already dopamine driven 964 00:46:33,320 --> 00:46:36,280 Speaker 1: and overstimulate. I mean, you know, parents are were upset 965 00:46:36,280 --> 00:46:37,840 Speaker 1: with the cell phone bands because they want to be 966 00:46:37,840 --> 00:46:39,880 Speaker 1: able to get a hold of their kid instantly at 967 00:46:39,920 --> 00:46:43,000 Speaker 1: any time during an emergency. But as an excuse to go. 968 00:46:43,160 --> 00:46:45,480 Speaker 1: I can text you during class because parents are also 969 00:46:45,600 --> 00:46:48,120 Speaker 1: anxious all the time as well, and it trickles down 970 00:46:48,160 --> 00:46:50,440 Speaker 1: that we're all anxious and all the time. But I 971 00:46:50,440 --> 00:46:54,479 Speaker 1: think it's interesting, is that. So the way to beat 972 00:46:54,520 --> 00:46:57,000 Speaker 1: this whole thing is to simply use AI and use 973 00:46:57,040 --> 00:46:59,880 Speaker 1: the algorithms for good as opposed to evil, if you 974 00:47:00,000 --> 00:47:02,960 Speaker 1: want to call social media evil, and that is educators 975 00:47:03,080 --> 00:47:07,200 Speaker 1: and the system should be creating platforms much like TikTok 976 00:47:07,360 --> 00:47:10,840 Speaker 1: and snapchat in insta that feed that feeds a student 977 00:47:10,880 --> 00:47:13,320 Speaker 1: a steady diet of what they're interested in to learn, 978 00:47:13,800 --> 00:47:16,200 Speaker 1: that continues to push stuff towards them and challenge them 979 00:47:16,239 --> 00:47:18,640 Speaker 1: and learn what their likes and dislikes are and try 980 00:47:18,680 --> 00:47:22,839 Speaker 1: and strengthen those dislikes and make everything better. Use use 981 00:47:22,880 --> 00:47:25,880 Speaker 1: the technology for good instead of social media. But the 982 00:47:26,000 --> 00:47:28,239 Speaker 1: problem with that is now you're going to replace all 983 00:47:28,280 --> 00:47:31,880 Speaker 1: of these teachers and all these administrators in schools with 984 00:47:32,040 --> 00:47:35,760 Speaker 1: something that's digital. That means now that threatens the teachers' unions, 985 00:47:35,880 --> 00:47:40,000 Speaker 1: That threatens the administrators and the whole construct of schools 986 00:47:40,000 --> 00:47:42,400 Speaker 1: in general. Because guess what if I can do this 987 00:47:42,480 --> 00:47:45,360 Speaker 1: with my phone much like we've seen, you know, broadcast, TV, 988 00:47:45,440 --> 00:47:48,400 Speaker 1: go away radio, everything else, newspapers for example, because of 989 00:47:48,600 --> 00:47:52,239 Speaker 1: the digital age that now threatens the livelihood of the 990 00:47:52,440 --> 00:47:55,680 Speaker 1: education class and we can't have that in America. And 991 00:47:55,719 --> 00:47:57,960 Speaker 1: so what winds up happening is it's disconnect between the 992 00:47:58,040 --> 00:47:58,840 Speaker 1: kids in the classroom. 993 00:47:58,880 --> 00:47:59,399 Speaker 2: Am I wrong? 994 00:48:00,880 --> 00:48:04,319 Speaker 5: Well, here's what I think. I so, you know, I 995 00:48:04,400 --> 00:48:06,960 Speaker 5: yes again the world. It's just like we could be 996 00:48:07,000 --> 00:48:08,720 Speaker 5: saying the same thing about corporate America. 997 00:48:08,760 --> 00:48:09,160 Speaker 2: The road. 998 00:48:09,480 --> 00:48:12,640 Speaker 5: The road things can be replaced, well, can't be replaced 999 00:48:12,680 --> 00:48:16,280 Speaker 5: by the human skills. And that's one of the things 1000 00:48:16,280 --> 00:48:19,480 Speaker 5: that I think teachers are getting away from, and not 1001 00:48:19,600 --> 00:48:24,680 Speaker 5: by the doing because there's so much pressure to teach 1002 00:48:24,719 --> 00:48:29,000 Speaker 5: to these core ideas and curriculum and the standards, is 1003 00:48:29,040 --> 00:48:32,359 Speaker 5: that they're getting away from the human part of the job, 1004 00:48:32,400 --> 00:48:35,480 Speaker 5: which is really how we develop kids, how we nurture kids. 1005 00:48:35,640 --> 00:48:37,480 Speaker 5: And so this is going to be the heart of 1006 00:48:38,000 --> 00:48:41,160 Speaker 5: what happens in the school and what teachers love to 1007 00:48:41,160 --> 00:48:43,680 Speaker 5: do and why most teachers get into the work. So 1008 00:48:43,840 --> 00:48:46,319 Speaker 5: I think it's not that they'll be replaced as to 1009 00:48:46,360 --> 00:48:48,000 Speaker 5: what the emphasis. 1010 00:48:47,400 --> 00:48:49,000 Speaker 2: Is that needs to change. 1011 00:48:49,200 --> 00:48:50,960 Speaker 5: And that's the same thing that I see on the 1012 00:48:51,000 --> 00:48:53,640 Speaker 5: corporate side, that if you want to. You have to 1013 00:48:53,719 --> 00:48:57,320 Speaker 5: drive that value as a what in your job because 1014 00:48:57,520 --> 00:49:01,760 Speaker 5: some of the redundancies can be and so the answer 1015 00:49:01,800 --> 00:49:04,880 Speaker 5: isn't more time on screens. The answer is more connection 1016 00:49:05,880 --> 00:49:07,879 Speaker 5: in terms of how we raise the kids and how 1017 00:49:07,920 --> 00:49:11,400 Speaker 5: we teach them, and how we help them connect through 1018 00:49:11,719 --> 00:49:16,319 Speaker 5: language and through interaction, so that everything they learn in 1019 00:49:16,400 --> 00:49:19,839 Speaker 5: this kind of this fast paced digital world and what's 1020 00:49:19,840 --> 00:49:22,920 Speaker 5: coming at them, then they can manage their emotions. They 1021 00:49:22,920 --> 00:49:25,480 Speaker 5: can manage the emotions of others, they can develop empathy. 1022 00:49:25,840 --> 00:49:28,520 Speaker 5: They have the things that the AI and the machines 1023 00:49:28,560 --> 00:49:31,120 Speaker 5: don't have. And that's the risk is that we're tipping 1024 00:49:31,160 --> 00:49:33,839 Speaker 5: over into too much of the screen time. 1025 00:49:34,200 --> 00:49:34,399 Speaker 2: Right. 1026 00:49:34,760 --> 00:49:37,759 Speaker 1: She is Christine Miles, psychologist. Her book is What Is 1027 00:49:37,840 --> 00:49:40,439 Speaker 1: Costing You Not to Listen? Founder of the Listening Path. 1028 00:49:40,560 --> 00:49:41,680 Speaker 1: Christine Miles thanks at the time. 1029 00:49:41,719 --> 00:49:44,600 Speaker 2: I appreciate it, appreciate the conversation. 1030 00:49:44,680 --> 00:49:46,040 Speaker 5: It's really really helpful. 1031 00:49:46,440 --> 00:49:49,680 Speaker 1: I think I just made a case here teachers can 1032 00:49:49,719 --> 00:49:54,239 Speaker 1: be replaced. This is believe me, this is like, this 1033 00:49:54,320 --> 00:50:00,000 Speaker 1: is dangerous territory. If you could come up with an algorithm, 1034 00:50:00,120 --> 00:50:02,560 Speaker 1: and it's easy to do because we've seen this replicated 1035 00:50:02,600 --> 00:50:05,720 Speaker 1: time and time again, that would teach kids on their level, 1036 00:50:05,760 --> 00:50:08,360 Speaker 1: meaning it feeds them a steady diet. The algorithm feeds 1037 00:50:08,400 --> 00:50:10,360 Speaker 1: them a steady die of things they're interested in and 1038 00:50:10,560 --> 00:50:13,600 Speaker 1: expands their knowledge base in learning and kind of sort 1039 00:50:13,640 --> 00:50:15,520 Speaker 1: of tricks them into learning where it becomes fun and 1040 00:50:15,600 --> 00:50:18,600 Speaker 1: engaging on a personal level, just like social media is. 1041 00:50:19,040 --> 00:50:20,759 Speaker 1: And now they're hooked on this, and you put that 1042 00:50:20,840 --> 00:50:23,440 Speaker 1: in the classroom and ban the phone and give them 1043 00:50:23,480 --> 00:50:26,600 Speaker 1: a device that is the alternate to social media and 1044 00:50:26,640 --> 00:50:29,239 Speaker 1: all the stuff coming at you. And that's how kids 1045 00:50:29,320 --> 00:50:32,000 Speaker 1: learn today. They learn on social media, they learn through 1046 00:50:32,040 --> 00:50:35,560 Speaker 1: digital interaction. If you do that in the classroom, kids 1047 00:50:35,600 --> 00:50:40,520 Speaker 1: now become smarter, more engaged, more learned. But what happens 1048 00:50:40,560 --> 00:50:47,120 Speaker 1: to the educational system the computer replaces the teacher. We 1049 00:50:47,160 --> 00:50:49,759 Speaker 1: can't have that in America, can we? Because of what's 1050 00:50:49,800 --> 00:50:53,200 Speaker 1: at stake? There's also the is she mentioned important too? 1051 00:50:53,280 --> 00:50:57,839 Speaker 1: The social interaction thing? But is this like the it's 1052 00:50:57,880 --> 00:51:02,520 Speaker 1: like clickbait right? This is what the educational system doesn't 1053 00:51:02,520 --> 00:51:05,520 Speaker 1: want you to know. This one weird old trick for 1054 00:51:05,640 --> 00:51:08,600 Speaker 1: saving us a lot of money and getting a better student. 1055 00:51:09,960 --> 00:51:17,520 Speaker 1: Thoughts after news here Scotsland continues on seven hundred WLW 1056 00:51:18,840 --> 00:51:21,480 Speaker 1: Good cute. Get the party start, let's go, let's go 1057 00:51:22,040 --> 00:51:25,200 Speaker 1: sloany here seven hundred WLW on this Tuesday morning, and 1058 00:51:25,239 --> 00:51:27,480 Speaker 1: a beautiful one at that with the sunshining right now, 1059 00:51:27,680 --> 00:51:31,000 Speaker 1: temperature's going up there. We've cost the forty degree threshold. 1060 00:51:31,040 --> 00:51:34,480 Speaker 1: Come home, baby, Let's get some melton, Go on? What 1061 00:51:34,520 --> 00:51:37,840 Speaker 1: do you say? What do you say? Just spent like 1062 00:51:37,880 --> 00:51:40,000 Speaker 1: a first half of the show. We talked about social 1063 00:51:40,080 --> 00:51:43,440 Speaker 1: media addiction, Christine Miles, school psychologists and cell phone bands 1064 00:51:43,480 --> 00:51:47,480 Speaker 1: and the like, and yeah, I'll tell you what you know. 1065 00:51:47,520 --> 00:51:48,440 Speaker 1: It's kind of sobering. 1066 00:51:49,000 --> 00:51:49,160 Speaker 2: Now. 1067 00:51:49,160 --> 00:51:51,360 Speaker 1: We could make great progress when it comes to educating 1068 00:51:51,480 --> 00:51:53,520 Speaker 1: kids if we just did it on their level. And 1069 00:51:53,560 --> 00:51:56,720 Speaker 1: in the digital age, they learn digitally now as opposed 1070 00:51:56,760 --> 00:51:59,319 Speaker 1: to face to face, and so if that's the if 1071 00:51:59,360 --> 00:52:01,640 Speaker 1: that's how you get kids and that's where they are, 1072 00:52:01,760 --> 00:52:03,719 Speaker 1: then you have to meet them on their level, and 1073 00:52:03,760 --> 00:52:07,680 Speaker 1: that would involve more AI, more digital algorithms to teach 1074 00:52:07,719 --> 00:52:09,799 Speaker 1: them what they don't know and kind of make it 1075 00:52:09,840 --> 00:52:11,919 Speaker 1: appealing to them in a way, because the old ways 1076 00:52:11,920 --> 00:52:14,319 Speaker 1: of teaching just don't simply how it makes the work. 1077 00:52:14,320 --> 00:52:15,920 Speaker 1: But let's face it, there's better ways to do it. 1078 00:52:15,960 --> 00:52:19,759 Speaker 1: But as a threat to that precious ecosystem and all 1079 00:52:19,880 --> 00:52:23,399 Speaker 1: that fat cache that goes to our school systems from 1080 00:52:23,400 --> 00:52:27,480 Speaker 1: our property taxes, And that's what's in danger here. You know, 1081 00:52:27,600 --> 00:52:29,960 Speaker 1: you want to be a disruptor, but how disruptive do 1082 00:52:30,000 --> 00:52:32,120 Speaker 1: you want to get? You know, the fear is a 1083 00:52:32,160 --> 00:52:35,120 Speaker 1: lot of jobs are being replaced by AI. As I speak. 1084 00:52:35,320 --> 00:52:38,400 Speaker 1: The City of Cincinnati is coming up with a policy 1085 00:52:38,480 --> 00:52:43,080 Speaker 1: that would regulate data centers in Hamlin County, specifically in Cincinnati. Obviously, 1086 00:52:43,280 --> 00:52:47,200 Speaker 1: also that's an issue for the commissioners too. Do we 1087 00:52:47,239 --> 00:52:50,440 Speaker 1: want data centers in Cincinnati? Look what's happening in Kentucky 1088 00:52:50,920 --> 00:52:54,960 Speaker 1: Butler County up near Columbus and around the area, And 1089 00:52:55,040 --> 00:52:58,759 Speaker 1: that's a concern. Big, huge, multi acre plants that suck 1090 00:52:58,840 --> 00:53:02,400 Speaker 1: up a lot of resources, natural resources, water and of 1091 00:53:02,440 --> 00:53:06,680 Speaker 1: course electricity and the grid can't handle anymore. Do we 1092 00:53:06,760 --> 00:53:10,280 Speaker 1: want that in the city of Cincinnati itself? They're debating 1093 00:53:10,320 --> 00:53:11,960 Speaker 1: it as we speak, what that policy would look like. 1094 00:53:12,000 --> 00:53:14,200 Speaker 1: And so we are all guilty in some way, shape 1095 00:53:14,239 --> 00:53:16,880 Speaker 1: or formed this whole thing. If your job and my 1096 00:53:17,040 --> 00:53:22,880 Speaker 1: job is endangering to be replaced by AI. Would teachers? 1097 00:53:22,920 --> 00:53:27,240 Speaker 1: Would education? Which educators be any less in danger? Should 1098 00:53:27,280 --> 00:53:31,239 Speaker 1: they be protected like I don't know, you know here 1099 00:53:31,280 --> 00:53:33,799 Speaker 1: at seven hundred w W and iHeart we have the 1100 00:53:34,160 --> 00:53:36,880 Speaker 1: guaranteed human. I'm sure you've heard the we're guaranteed human, 1101 00:53:37,840 --> 00:53:42,239 Speaker 1: yeah for now. When you hear they're like, okay, well 1102 00:53:42,360 --> 00:53:47,319 Speaker 1: we're guaranteed human today tomorrow they're it's gonna be hard 1103 00:53:47,320 --> 00:53:50,319 Speaker 1: to compete with AI. Let's face it, for spoken order, 1104 00:53:50,360 --> 00:53:54,600 Speaker 1: music or video. Hollywood's in danger being upended by AI. 1105 00:53:54,680 --> 00:53:56,960 Speaker 1: Everyone's job is in question right now. Nless, of course 1106 00:53:57,320 --> 00:54:00,920 Speaker 1: you're in the trades, and you know, as long as 1107 00:54:00,920 --> 00:54:03,320 Speaker 1: I can do plumbing and electrical and carpentry and stuff 1108 00:54:03,400 --> 00:54:07,040 Speaker 1: like that, I got a gig for now for now. 1109 00:54:08,160 --> 00:54:11,960 Speaker 1: So should we protect the status quo in schools? And 1110 00:54:12,000 --> 00:54:15,759 Speaker 1: I think, you know, we talk about homeschooling, which is 1111 00:54:15,920 --> 00:54:16,840 Speaker 1: I think somewhat. 1112 00:54:16,600 --> 00:54:17,000 Speaker 2: Of a threat. 1113 00:54:17,000 --> 00:54:19,200 Speaker 1: I think the education, but of course privateized schools, private 1114 00:54:19,239 --> 00:54:21,840 Speaker 1: schools is a threat. I think the next big threat's 1115 00:54:21,840 --> 00:54:24,120 Speaker 1: gonna be AI, because we're going to teach kids on 1116 00:54:24,160 --> 00:54:27,120 Speaker 1: their level, and I think you're gonna have smarter kids. Granted, 1117 00:54:27,600 --> 00:54:29,799 Speaker 1: there's going to be a lot to be desired when 1118 00:54:29,800 --> 00:54:32,600 Speaker 1: it comes to interpersonal communication and talking with a living, 1119 00:54:32,640 --> 00:54:35,280 Speaker 1: breathing human being. You're still going to need that skill, 1120 00:54:35,320 --> 00:54:37,799 Speaker 1: and I think that's going to be maybe the big 1121 00:54:37,880 --> 00:54:38,719 Speaker 1: challenges whole thing. 1122 00:54:38,800 --> 00:54:39,800 Speaker 2: But man, I don't know. 1123 00:54:39,840 --> 00:54:41,960 Speaker 1: I'm looking over my shoulder going, why don't we just 1124 00:54:42,080 --> 00:54:45,319 Speaker 1: have a platform like you would with social media, be 1125 00:54:45,360 --> 00:54:49,359 Speaker 1: a TikTok or Instagram and using the same type of 1126 00:54:49,840 --> 00:54:53,239 Speaker 1: algorithms teach kids on their level. And he said, hey, 1127 00:54:53,840 --> 00:54:55,200 Speaker 1: and look at that. You don't even have to go 1128 00:54:55,239 --> 00:54:57,080 Speaker 1: into class, right, you could be at home doing this stuff. 1129 00:54:57,840 --> 00:55:00,920 Speaker 2: Frightening. We want change, but that much change. 1130 00:55:00,960 --> 00:55:03,840 Speaker 1: Anyway, We've got that going on today, on this on 1131 00:55:03,880 --> 00:55:07,719 Speaker 1: this beautiful Tuesday morning, Big Dave points out to me, 1132 00:55:08,040 --> 00:55:11,160 Speaker 1: my producer, that Ohio is ranked twenty first in the 1133 00:55:11,239 --> 00:55:17,480 Speaker 1: nation for alien abductions. You know, whether it's like business 1134 00:55:17,760 --> 00:55:22,319 Speaker 1: or education, cost of living, we always middle of the pack. 1135 00:55:23,160 --> 00:55:25,640 Speaker 1: We are mid ass Ohio, that's what we are, always 1136 00:55:25,680 --> 00:55:27,840 Speaker 1: right right near twenty five, well right in the mid 1137 00:55:28,480 --> 00:55:31,520 Speaker 1: sometimes as high as twenty, sometimes as low as forty. 1138 00:55:31,520 --> 00:55:36,160 Speaker 1: But generally speaking with some outliers, we're right. How are you? 1139 00:55:36,360 --> 00:55:40,280 Speaker 1: We're very mid mid Ohio was legit, we're mid twenty 1140 00:55:40,280 --> 00:55:44,279 Speaker 1: first of the nation for alien abductions. What you have 1141 00:55:44,400 --> 00:55:47,799 Speaker 1: a ready for the percentages. Now, according to this is 1142 00:55:47,800 --> 00:55:51,360 Speaker 1: a British website, so I'm sorry, British gaming site, So 1143 00:55:51,400 --> 00:55:53,680 Speaker 1: I don't know what the credibility is here, but if 1144 00:55:53,719 --> 00:55:56,560 Speaker 1: believe in the markets, Ohios have a one point one 1145 00:55:56,719 --> 00:56:00,719 Speaker 1: three percent chance of being abducted by aliens. So you're 1146 00:56:00,760 --> 00:56:06,120 Speaker 1: saying there's a chance we have and this has surprising me. 1147 00:56:06,200 --> 00:56:10,120 Speaker 1: Over four thousand abductions since twenty nineteen. Reports of abduction 1148 00:56:10,239 --> 00:56:13,680 Speaker 1: since twenty nineteen. Don't know how many of those reports 1149 00:56:13,719 --> 00:56:16,920 Speaker 1: dealt with hallucinogens or alcohol, drugs, whatever it might be, 1150 00:56:17,000 --> 00:56:20,400 Speaker 1: but four thousand and if you're wondering if you want 1151 00:56:20,440 --> 00:56:24,240 Speaker 1: to increase your chances of being abducted by an alien, 1152 00:56:24,480 --> 00:56:29,640 Speaker 1: if you're looking for something to do, Maine in Idaho 1153 00:56:29,800 --> 00:56:33,080 Speaker 1: are your top two states for abductions, which is surprising 1154 00:56:33,080 --> 00:56:36,719 Speaker 1: because you think it would be Nevada, you know, Area 1155 00:56:36,760 --> 00:56:39,400 Speaker 1: fifty one and all this stuff, maybe Arizona, but nope, 1156 00:56:39,800 --> 00:56:44,880 Speaker 1: it's Maine in Idaho and Maine and Ahiho. There's nothing 1157 00:56:45,120 --> 00:56:48,040 Speaker 1: better to do than to get abducted by aliens. Maybe 1158 00:56:48,040 --> 00:56:50,680 Speaker 1: you're so busy in Ohio, Kentucky, Anyon elsewhere, we just 1159 00:56:50,719 --> 00:56:52,400 Speaker 1: you know, abducted we don't pay attention to it, but 1160 00:56:52,680 --> 00:56:54,640 Speaker 1: there's still a little going on in Idaho and Maine 1161 00:56:54,680 --> 00:56:57,520 Speaker 1: that I mean, some people probably look forward to. It's 1162 00:56:57,520 --> 00:56:59,400 Speaker 1: like hitting the lottery. It's like getting a number in Kino. 1163 00:57:00,200 --> 00:57:02,400 Speaker 1: And by the way, the percentage is only two percent, 1164 00:57:02,520 --> 00:57:05,359 Speaker 1: so you know, we are kind of splitting hairs here. 1165 00:57:05,800 --> 00:57:08,680 Speaker 1: So good to no, there you go middle of the pack. 1166 00:57:08,760 --> 00:57:13,440 Speaker 1: Even aliens are like, Ohio, that's all right, Midway, Yeah, yeah, okay, 1167 00:57:13,480 --> 00:57:16,240 Speaker 1: we're fine. We need a body book there. But largely 1168 00:57:16,320 --> 00:57:20,560 Speaker 1: Maine in Idaho look looking for trouble out there. This 1169 00:57:20,720 --> 00:57:23,600 Speaker 1: is the United States of drama. I was looking forward 1170 00:57:23,640 --> 00:57:25,600 Speaker 1: to talking about that. I didn't think, honestly, if you 1171 00:57:25,640 --> 00:57:27,040 Speaker 1: asked me, hey, what are you gonna be talking about 1172 00:57:27,080 --> 00:57:29,160 Speaker 1: on Tuesday, I didn't think we would still be talking 1173 00:57:29,160 --> 00:57:32,520 Speaker 1: about this about America, the Snowflake. It is incredible to 1174 00:57:32,640 --> 00:57:37,360 Speaker 1: watch how we could be this upset over a ten 1175 00:57:37,480 --> 00:57:43,000 Speaker 1: minute free concert. Literally tens of millions of people fighting 1176 00:57:43,080 --> 00:57:47,640 Speaker 1: over a halftime show, and the biggest winners NBC and 1177 00:57:47,720 --> 00:57:51,000 Speaker 1: the NFL, because you know, the super Bowl itself kind 1178 00:57:51,040 --> 00:57:54,080 Speaker 1: of boring. I mean, there was some action, but it 1179 00:57:54,120 --> 00:57:57,280 Speaker 1: was a defensive battle. No touchdowns, to the second half. 1180 00:57:58,320 --> 00:58:00,640 Speaker 1: The ads were a couple ads. I like the Dunkin 1181 00:58:00,720 --> 00:58:02,880 Speaker 1: Donuts one because it's nostalgic and I'm old and that's 1182 00:58:02,880 --> 00:58:05,920 Speaker 1: what we like. Anytime you can get George Costanza and 1183 00:58:05,920 --> 00:58:06,960 Speaker 1: Ted Danson in there. 1184 00:58:07,040 --> 00:58:07,520 Speaker 2: Good. 1185 00:58:09,120 --> 00:58:12,880 Speaker 1: I thought the William Shatner won will shat Fantastic made 1186 00:58:12,920 --> 00:58:15,000 Speaker 1: me laugh out loud, a little snort going on there. 1187 00:58:15,080 --> 00:58:19,600 Speaker 1: Like Sarah Le's the heart is certainly Budweiser. They always 1188 00:58:19,640 --> 00:58:21,080 Speaker 1: hit out of the part with a bird that became 1189 00:58:21,120 --> 00:58:23,120 Speaker 1: an eagle, and a couple other ones as well, but 1190 00:58:23,120 --> 00:58:25,680 Speaker 1: buying Large's like, yeah, it's kind of kind of the 1191 00:58:26,280 --> 00:58:31,920 Speaker 1: Ohio super Bowl NBC NFL they win because I think 1192 00:58:32,080 --> 00:58:35,320 Speaker 1: of all the controversies surrounding the halftime show. So here 1193 00:58:35,360 --> 00:58:38,240 Speaker 1: we are in day two and one of the stories 1194 00:58:38,280 --> 00:58:41,920 Speaker 1: still trending is bad Bunny. We got about twenty percent 1195 00:58:41,920 --> 00:58:44,840 Speaker 1: of the country outraged about an all Spanish show by 1196 00:58:44,840 --> 00:58:47,440 Speaker 1: a Puerto Rican man against ice raids, and then another 1197 00:58:47,480 --> 00:58:51,280 Speaker 1: twenty percent thinks this show was somehow transformative and historic 1198 00:58:51,400 --> 00:58:55,400 Speaker 1: and progressive awakening, and it's bringing tears in my eyes 1199 00:58:55,440 --> 00:58:57,760 Speaker 1: and just thinking how far he's come, And like, I 1200 00:58:57,760 --> 00:59:03,040 Speaker 1: think both sides. I think it's a gross exaggeration. And 1201 00:59:03,280 --> 00:59:05,240 Speaker 1: this is back to phones and social media. But we 1202 00:59:05,280 --> 00:59:06,520 Speaker 1: all have to have a hot take, and we got 1203 00:59:06,560 --> 00:59:08,360 Speaker 1: to be pissed off about everything at all times, and 1204 00:59:08,400 --> 00:59:11,800 Speaker 1: everything is a microaggression, and we take our accues from leadership. 1205 00:59:11,840 --> 00:59:15,280 Speaker 1: Trump is great at being aggravated by seemingly the pettiest things, 1206 00:59:15,680 --> 00:59:18,440 Speaker 1: and we have to look for validation of our beliefs 1207 00:59:18,440 --> 00:59:21,800 Speaker 1: and everything. So you're supposed to act now today that 1208 00:59:21,880 --> 00:59:27,600 Speaker 1: everything is upsetting and polarizing, and it just it's perfectly 1209 00:59:27,640 --> 00:59:29,920 Speaker 1: normal to go, eh, not for me. 1210 00:59:31,560 --> 00:59:32,160 Speaker 4: It's not for me. 1211 00:59:33,200 --> 00:59:37,120 Speaker 1: It's not a validation, nor is it an indictment. It's 1212 00:59:37,200 --> 00:59:40,720 Speaker 1: just targeting a different audience. You can say what you 1213 00:59:40,720 --> 00:59:43,120 Speaker 1: want to be. The NFL and the spectacular crack to 1214 00:59:43,160 --> 00:59:45,120 Speaker 1: the NFL is going to regret this whole thing as 1215 00:59:45,200 --> 00:59:48,040 Speaker 1: we all have sleepless executives and finger pointing and speed 1216 00:59:48,080 --> 00:59:50,160 Speaker 1: like the it's like when they you know, when they 1217 00:59:50,160 --> 00:59:52,360 Speaker 1: went woke with bud light. No, it's not like anything 1218 00:59:52,400 --> 00:59:55,640 Speaker 1: at all. Simply in this case is because the NFL 1219 00:59:55,720 --> 00:59:58,280 Speaker 1: is almost too big to lose at this point. And 1220 00:59:58,320 --> 01:00:00,360 Speaker 1: if you look at the numbers from the halftimes, they 1221 01:00:00,480 --> 01:00:03,800 Speaker 1: got what they wanted free publicity, well maybe not free, 1222 01:00:03,800 --> 01:00:06,919 Speaker 1: but publicity and eyeballs to the tune of a hunder 1223 01:00:07,000 --> 01:00:12,080 Speaker 1: thirty five million people. And so yeah, mission accomplished. And 1224 01:00:12,080 --> 01:00:15,080 Speaker 1: if they're looking to expand the market to Latin America 1225 01:00:15,200 --> 01:00:17,920 Speaker 1: as they did Europe, then this is how you do that. 1226 01:00:18,160 --> 01:00:20,560 Speaker 1: It's a math game to them and nothing else. It's 1227 01:00:20,600 --> 01:00:23,240 Speaker 1: not about patriotism and taking signs. They love that stuff 1228 01:00:23,280 --> 01:00:25,720 Speaker 1: because it means more people are going to watch over 1229 01:00:25,760 --> 01:00:28,280 Speaker 1: the controversy or the support, as the case may be 1230 01:00:28,840 --> 01:00:31,040 Speaker 1: for those on the left. But you know, and here's 1231 01:00:31,040 --> 01:00:34,720 Speaker 1: the thing, I try to be consistent. So I'm trying 1232 01:00:34,720 --> 01:00:37,000 Speaker 1: to figure out the inconsistencies here and it's pretty easy. 1233 01:00:37,040 --> 01:00:39,440 Speaker 1: So initially the backlash of bad Bunny was and I 1234 01:00:39,480 --> 01:00:41,960 Speaker 1: get it. You know, he's anti Ice, and you know, 1235 01:00:42,040 --> 01:00:44,880 Speaker 1: to those people that think that I should be completely 1236 01:00:44,880 --> 01:00:47,320 Speaker 1: shut down, it's like, well, yeah, that's great until the 1237 01:00:47,320 --> 01:00:50,240 Speaker 1: person that they take into costody as someone who's accused of, 1238 01:00:50,640 --> 01:00:53,880 Speaker 1: I don't know, abducting Savannah Guthrie, not saying that that's 1239 01:00:54,040 --> 01:00:54,640 Speaker 1: someone who. 1240 01:00:54,440 --> 01:00:55,040 Speaker 2: Shouldn't be here. 1241 01:00:55,080 --> 01:00:56,640 Speaker 1: We don't know, but you know what I'm saying, it's like, 1242 01:00:57,240 --> 01:00:59,800 Speaker 1: you're just assuming that those people are innocent and they're not. 1243 01:01:00,160 --> 01:01:03,360 Speaker 1: They may be here legally, which in itself technically is 1244 01:01:03,360 --> 01:01:05,080 Speaker 1: a crime, but not to the level of what we're 1245 01:01:05,120 --> 01:01:07,040 Speaker 1: witnessing in streets. But if you're trying to get people 1246 01:01:07,040 --> 01:01:10,240 Speaker 1: out there who are here illegally and also committing serious crimes, 1247 01:01:10,760 --> 01:01:13,160 Speaker 1: you want that you're standing up and fighting for a criminal. 1248 01:01:13,840 --> 01:01:15,280 Speaker 1: That doesn't make a lot of sense. In my book, 1249 01:01:15,280 --> 01:01:17,160 Speaker 1: it'd be nice to know which one you know. Is 1250 01:01:17,200 --> 01:01:19,040 Speaker 1: this a guy we're just picking up because he's out 1251 01:01:19,040 --> 01:01:22,600 Speaker 1: there and is here illegally, or is he here illegally and 1252 01:01:22,640 --> 01:01:25,800 Speaker 1: also committing some serious felonies, because that to me and 1253 01:01:25,840 --> 01:01:31,360 Speaker 1: that there's a distinction there. But the consistency here is 1254 01:01:31,480 --> 01:01:36,440 Speaker 1: I think what makes me laugh. We're angered that No, 1255 01:01:36,520 --> 01:01:39,360 Speaker 1: I'm not angered. I got it. It was in Spanish. I 1256 01:01:39,480 --> 01:01:41,240 Speaker 1: used to know a little more Spanish than you today. 1257 01:01:41,280 --> 01:01:43,320 Speaker 1: I don't use it that often. I'm really good when 1258 01:01:43,320 --> 01:01:45,000 Speaker 1: I'm drunk by it. Give me some tequila and I'm 1259 01:01:45,000 --> 01:01:47,280 Speaker 1: spitting Spanish like I'm Pablo Escobar. 1260 01:01:47,320 --> 01:01:48,800 Speaker 2: It's unbelievable. 1261 01:01:51,040 --> 01:01:54,520 Speaker 1: That the lyrics are in Spanish, and therefore some I like, 1262 01:01:54,640 --> 01:01:57,800 Speaker 1: I don't know about you, but I'm not just this 1263 01:01:57,880 --> 01:01:59,920 Speaker 1: is one of my not super powers. For share can 1264 01:02:00,200 --> 01:02:02,840 Speaker 1: understand lyrics of a lot of songs, especially newer songs, 1265 01:02:02,960 --> 01:02:06,400 Speaker 1: and that and that's an English because there's a lot 1266 01:02:06,400 --> 01:02:08,000 Speaker 1: of slang. And as you get older, it's like, I'm 1267 01:02:08,000 --> 01:02:10,280 Speaker 1: not sure what the vernacular is and what this is 1268 01:02:10,320 --> 01:02:12,720 Speaker 1: supposed to mean. And I don't you know thet the 1269 01:02:12,800 --> 01:02:15,160 Speaker 1: battles between Kendrick and Drake. I'm like, I'm not quite 1270 01:02:15,160 --> 01:02:18,040 Speaker 1: sure this whole thing. And you know, we've been also 1271 01:02:18,120 --> 01:02:20,720 Speaker 1: been whether it's an English or not, we've been getting wrong. 1272 01:02:20,760 --> 01:02:23,720 Speaker 1: We've been screwing up lyrics or generations. I think about it, 1273 01:02:23,720 --> 01:02:26,080 Speaker 1: how many songs we sang out loud in our car 1274 01:02:27,120 --> 01:02:28,840 Speaker 1: or in the shower or whatever, Like you hear what 1275 01:02:28,880 --> 01:02:31,320 Speaker 1: the lyrics are, They're like, wait, that's what he's saying. 1276 01:02:32,960 --> 01:02:35,240 Speaker 1: You mean it's revved up like a deuce, not revved 1277 01:02:35,280 --> 01:02:39,600 Speaker 1: up like a douche. When my wife is young, and 1278 01:02:39,600 --> 01:02:43,560 Speaker 1: that song was fairly popular verse Springsteen, Manford, man et cetera. 1279 01:02:43,720 --> 01:02:46,160 Speaker 1: Back in the day. That song time, and she sung 1280 01:02:46,160 --> 01:02:49,200 Speaker 1: along with it. Her mom forbid her from listening to 1281 01:02:49,320 --> 01:02:52,600 Speaker 1: that song because mom was convinced it was rebbed up 1282 01:02:52,600 --> 01:02:54,480 Speaker 1: like a douche, which makes no sense. It's a deuce, 1283 01:02:54,560 --> 01:02:57,520 Speaker 1: it's about a car. It's nonetheless, that's where things do. 1284 01:02:57,680 --> 01:02:59,440 Speaker 1: We always screw up lyrics, so I don't know way 1285 01:02:59,440 --> 01:03:02,080 Speaker 1: to speak, and I don't also point out too, like 1286 01:03:02,160 --> 01:03:04,200 Speaker 1: one of the most successful genres of music right now 1287 01:03:04,200 --> 01:03:08,160 Speaker 1: in America is K pop. Korean pop very popular Spanish. 1288 01:03:08,160 --> 01:03:10,480 Speaker 1: If you look at, for example, in my business and radio, 1289 01:03:10,840 --> 01:03:15,000 Speaker 1: one of the top formats across the country is Spanish. 1290 01:03:15,880 --> 01:03:17,880 Speaker 1: I'm really not outraged about that. It's you know, you're 1291 01:03:17,880 --> 01:03:20,480 Speaker 1: trying to sell materials and good services and a like 1292 01:03:20,560 --> 01:03:25,040 Speaker 1: too to those folks. Yeah, because guess what. Edy doesn't 1293 01:03:25,080 --> 01:03:27,320 Speaker 1: just affect old white people like me and you listening 1294 01:03:27,320 --> 01:03:29,520 Speaker 1: to this radio station. I'm sure there's plenty of Spanish 1295 01:03:29,520 --> 01:03:33,920 Speaker 1: speakers out there who need those ed supplements. Nonetheless, I 1296 01:03:33,920 --> 01:03:36,320 Speaker 1: will also say the outrage machine then turned to the 1297 01:03:36,360 --> 01:03:39,480 Speaker 1: offensive lyrics somehow and pearl clutching over impressionable kids who 1298 01:03:39,480 --> 01:03:40,280 Speaker 1: don't speak Spanish. 1299 01:03:40,360 --> 01:03:41,720 Speaker 2: So no one understands this. 1300 01:03:41,840 --> 01:03:43,360 Speaker 1: But then at the same time, once you get the 1301 01:03:43,440 --> 01:03:47,960 Speaker 1: lyrics decoded, once you get the lyrics decoded, then we 1302 01:03:48,000 --> 01:03:50,400 Speaker 1: have to be offended. Well, if you don't speak Spanish, 1303 01:03:50,480 --> 01:03:52,040 Speaker 1: you don't have to really worry about that, do you, 1304 01:03:53,640 --> 01:03:57,440 Speaker 1: And now you look predictable. Ah, my side says, okay, 1305 01:03:57,920 --> 01:03:59,520 Speaker 1: we'll play that game for a second. I think this 1306 01:03:59,640 --> 01:04:04,080 Speaker 1: is just the offensive lyrics over bad Bunny. All right, 1307 01:04:04,280 --> 01:04:07,920 Speaker 1: there's some offensive lyrics and they're sure. Meanwhile, the alternative, 1308 01:04:07,920 --> 01:04:11,440 Speaker 1: the wholesome American alternative. This was kid Rock. Now I 1309 01:04:11,440 --> 01:04:13,600 Speaker 1: always heard to see kid before he really blew up, 1310 01:04:13,600 --> 01:04:15,280 Speaker 1: and I thought he was, man, this guy's gonna go play. 1311 01:04:15,360 --> 01:04:17,600 Speaker 1: He's awesome. And I've seen him I don't know four 1312 01:04:17,640 --> 01:04:21,600 Speaker 1: or five six times, and you're going, oh, it's it's 1313 01:04:21,600 --> 01:04:23,720 Speaker 1: really the lyrics are you know, kids are impressiable and 1314 01:04:23,760 --> 01:04:25,880 Speaker 1: they're young, and they're seeing and they're seeing these women 1315 01:04:25,920 --> 01:04:28,439 Speaker 1: shake their asses like, hey, guess what you can see 1316 01:04:28,440 --> 01:04:32,160 Speaker 1: far worse in a store on your phone or in 1317 01:04:32,200 --> 01:04:37,120 Speaker 1: person then you know some Latina, big bone latina women 1318 01:04:37,200 --> 01:04:39,760 Speaker 1: shaking i ass on TV is like it really wasn't that. 1319 01:04:42,080 --> 01:04:44,360 Speaker 1: But the funny part about the whole alternative thing on 1320 01:04:44,400 --> 01:04:47,760 Speaker 1: attorning point was kid Rock is performing who boy like 1321 01:04:47,880 --> 01:04:50,800 Speaker 1: Kid Rock has a giant middle finger on the tall 1322 01:04:50,840 --> 01:04:54,960 Speaker 1: of its private jet and when kid Rock broke and 1323 01:04:55,040 --> 01:04:58,040 Speaker 1: this would have been late nineties. I remember the outrage 1324 01:04:58,080 --> 01:05:00,360 Speaker 1: from the same conservatives about the you know, the great 1325 01:05:00,480 --> 01:05:03,040 Speaker 1: society's falling apart because of hip hop music and the like. 1326 01:05:03,080 --> 01:05:05,320 Speaker 1: And here's this guy out there, and he's in and 1327 01:05:07,360 --> 01:05:11,760 Speaker 1: he opens, He opens with a song and and bob 1328 01:05:11,800 --> 01:05:14,040 Speaker 1: with the ba is. I want to read the lyrics 1329 01:05:14,040 --> 01:05:16,880 Speaker 1: for you that he sang. And the same people are 1330 01:05:16,920 --> 01:05:19,720 Speaker 1: offended by bad Bunny. We're not offended by the midnight 1331 01:05:19,760 --> 01:05:23,360 Speaker 1: glances and the topless dancers, the gender freaks, the g's 1332 01:05:23,400 --> 01:05:25,040 Speaker 1: and the forties and the chicks with beepers, and there 1333 01:05:25,040 --> 01:05:27,240 Speaker 1: are the lights of Southern comfort. It don't it don't 1334 01:05:27,280 --> 01:05:30,200 Speaker 1: even matter that their veins are punctured. And he talks 1335 01:05:30,240 --> 01:05:34,760 Speaker 1: about topless dancers and say it, talks about his heroes 1336 01:05:34,760 --> 01:05:37,120 Speaker 1: and the methadone clinic and the crackheads and the critics 1337 01:05:37,120 --> 01:05:39,880 Speaker 1: and the cynics and the crooked cops and the cluttered desks, 1338 01:05:40,360 --> 01:05:42,040 Speaker 1: all you bastards at the I R s and the 1339 01:05:42,040 --> 01:05:44,240 Speaker 1: half pints of love and the fifthest dress for the hooker. 1340 01:05:44,440 --> 01:05:46,960 Speaker 1: I'm not going to sing the song, but you know 1341 01:05:47,040 --> 01:05:50,040 Speaker 1: he's celebrating his homies in the county at cell Block six, 1342 01:05:53,320 --> 01:05:54,680 Speaker 1: and so I don't know. I will look at that, 1343 01:05:54,760 --> 01:05:56,200 Speaker 1: go okay, if a kid here's that and has to 1344 01:05:56,200 --> 01:05:59,720 Speaker 1: ask you, you know what meth is or what a 1345 01:05:59,840 --> 01:06:02,120 Speaker 1: chick with beepers to show you how old a song is, 1346 01:06:02,400 --> 01:06:04,960 Speaker 1: Like I don't know. It's like I can't equate, Like 1347 01:06:05,240 --> 01:06:07,520 Speaker 1: why bad Bunnies more offensive than that? I don't think 1348 01:06:07,520 --> 01:06:09,880 Speaker 1: either one is offensive. It just it's music. It's always 1349 01:06:09,880 --> 01:06:14,880 Speaker 1: been that way, and it's the snowflaking of America and 1350 01:06:14,920 --> 01:06:17,840 Speaker 1: this time conservative of snowflakes that are worked up about this. Meanwhile, 1351 01:06:17,880 --> 01:06:20,360 Speaker 1: it wasn't a long ago for progressives that are having 1352 01:06:20,400 --> 01:06:23,080 Speaker 1: that smug look on their face. I'd say, weren't y'all upset? 1353 01:06:23,120 --> 01:06:25,160 Speaker 1: Like a couple of years ago when when Baby It's 1354 01:06:25,200 --> 01:06:29,280 Speaker 1: Cold Outside was outrageous, you know, the old classic standard, 1355 01:06:29,360 --> 01:06:32,400 Speaker 1: baby It's cold Outside, where the guys try to talk 1356 01:06:32,440 --> 01:06:34,640 Speaker 1: her into staying because it's cold outside, and basically he 1357 01:06:34,680 --> 01:06:39,440 Speaker 1: went wants sex and she's like, oh, I don't know. 1358 01:06:39,560 --> 01:06:41,520 Speaker 1: It's like what did you put in this drink? And 1359 01:06:41,560 --> 01:06:43,840 Speaker 1: now it's the me too movement came involved and it 1360 01:06:43,880 --> 01:06:45,520 Speaker 1: was like we are all rolling our eyes, going are 1361 01:06:45,560 --> 01:06:46,120 Speaker 1: you kidding me? 1362 01:06:46,200 --> 01:06:46,680 Speaker 2: Right now? 1363 01:06:47,520 --> 01:06:50,360 Speaker 1: Because at the same time, that everyone and any way 1364 01:06:50,360 --> 01:06:52,720 Speaker 1: on the left was upset about baby It's Cold Outside, 1365 01:06:53,240 --> 01:06:56,160 Speaker 1: which is stupid the number one and the number one 1366 01:06:56,160 --> 01:06:58,000 Speaker 1: song in the United States when that song was always 1367 01:06:58,040 --> 01:07:08,960 Speaker 1: it was Cardi B's wap what letter a P word? 1368 01:07:09,760 --> 01:07:10,600 Speaker 2: Female body? 1369 01:07:10,600 --> 01:07:14,120 Speaker 1: Well go look at that, Like, why are we upset 1370 01:07:14,120 --> 01:07:15,880 Speaker 1: about the number one song in the country is far 1371 01:07:15,880 --> 01:07:19,720 Speaker 1: more offensive than baby It's Cold Out? Saying that's different. Okay, Now, 1372 01:07:19,760 --> 01:07:22,280 Speaker 1: the selective outrage, it's just exhausting, right, Like now we're 1373 01:07:22,320 --> 01:07:24,800 Speaker 1: down to the super Bowl where the super Bowl halftime 1374 01:07:24,840 --> 01:07:29,880 Speaker 1: show is what everybody's pissed off about. It's it's part 1375 01:07:29,920 --> 01:07:32,320 Speaker 1: of the outrage culture and certainly has to do with 1376 01:07:32,360 --> 01:07:35,040 Speaker 1: what we've been talking about in the morning. That social media. 1377 01:07:36,520 --> 01:07:36,920 Speaker 2: I don't know. 1378 01:07:37,680 --> 01:07:39,360 Speaker 1: I've got to go, hey, you know what it used 1379 01:07:39,360 --> 01:07:42,120 Speaker 1: to be like that's not for me. Look when people 1380 01:07:42,160 --> 01:07:44,520 Speaker 1: would complain about my show, I hate your far How 1381 01:07:44,520 --> 01:07:47,479 Speaker 1: are you Why are you still? Like, well enough people listen. 1382 01:07:47,480 --> 01:07:49,320 Speaker 1: If enough people don't listen, I get fired. That's how 1383 01:07:49,320 --> 01:07:53,400 Speaker 1: our same w any show that's streaming, I hate that show? 1384 01:07:53,440 --> 01:07:55,720 Speaker 1: Why is that show a thing? Why are you exist? 1385 01:07:56,120 --> 01:07:58,560 Speaker 1: Why are you telling people what they should and shouldn't like, 1386 01:07:58,600 --> 01:08:01,920 Speaker 1: why are you so insecure that you're looking at that 1387 01:08:02,040 --> 01:08:05,320 Speaker 1: going well, somebody must like it. Fine, great, good for you. 1388 01:08:05,560 --> 01:08:06,320 Speaker 1: It's not my thing. 1389 01:08:06,440 --> 01:08:06,880 Speaker 2: I'm good. 1390 01:08:07,560 --> 01:08:10,840 Speaker 1: But instead of just being passive about being so aggressive 1391 01:08:10,880 --> 01:08:13,000 Speaker 1: and going, it needs to be canceled because I don't 1392 01:08:13,000 --> 01:08:16,320 Speaker 1: agree with it. I just I don't understand that it's 1393 01:08:16,360 --> 01:08:17,720 Speaker 1: all about the money. At the end of the day, 1394 01:08:17,800 --> 01:08:20,599 Speaker 1: if you understand it's about green and nothing else, that's 1395 01:08:20,640 --> 01:08:22,479 Speaker 1: what it is. Anyway, I got a news update in here. 1396 01:08:22,560 --> 01:08:25,400 Speaker 1: Enough of this more to follow. It's we'll talk to 1397 01:08:25,439 --> 01:08:27,800 Speaker 1: Andy Shaffer eleven thirty five. Keep it money related for 1398 01:08:27,840 --> 01:08:29,400 Speaker 1: the next hour. Has that because it's a good day 1399 01:08:29,560 --> 01:08:31,519 Speaker 1: to think about money. Because if you got a little 1400 01:08:31,520 --> 01:08:33,080 Speaker 1: bit on the market, it's just a little bit. You're 1401 01:08:33,080 --> 01:08:38,600 Speaker 1: making more. It's a good day. Seven hundred W you 1402 01:08:38,680 --> 01:08:41,479 Speaker 1: got futted back on seven hundred WLW welcome to it. 1403 01:08:43,240 --> 01:08:45,559 Speaker 1: We'll jump right in with stuff because there's stuff, you know, 1404 01:08:45,600 --> 01:08:50,120 Speaker 1: we got stuff. Trumpet administration has decided to ease the 1405 01:08:50,200 --> 01:08:53,000 Speaker 1: fuel economy standards know it as a cafe standards for vehicles, 1406 01:08:53,000 --> 01:08:56,160 Speaker 1: so roll back. Under Biden, they required a two percent 1407 01:08:56,240 --> 01:09:00,280 Speaker 1: annual efficiency and improvement, so two percent annually. They have 1408 01:09:00,320 --> 01:09:03,880 Speaker 1: to make better better fiel accountanies, I guess the new 1409 01:09:03,920 --> 01:09:06,320 Speaker 1: proposal cuts us back to a half a percent, and 1410 01:09:06,400 --> 01:09:09,240 Speaker 1: they're also rolling back the taelpipe emission standards. So the 1411 01:09:09,320 --> 01:09:11,920 Speaker 1: question is what does this mean overall for the car 1412 01:09:12,040 --> 01:09:16,080 Speaker 1: industry Because cars we've hit American consumers said we're not 1413 01:09:16,160 --> 01:09:18,639 Speaker 1: paying more for cars. We have had a breaking point 1414 01:09:18,760 --> 01:09:20,080 Speaker 1: in the costing new automobiles. 1415 01:09:20,120 --> 01:09:20,880 Speaker 2: What does that do for us? 1416 01:09:20,920 --> 01:09:25,599 Speaker 1: Brian Moody is the executive Adam Kelly Bluebook and Auto Trader. 1417 01:09:25,600 --> 01:09:26,519 Speaker 2: Welcome Brian hy Ben. 1418 01:09:27,400 --> 01:09:30,800 Speaker 4: Yeah, thanks. You're right, that does change things a little bit, 1419 01:09:30,840 --> 01:09:33,360 Speaker 4: but I think it could be for the good, even 1420 01:09:33,439 --> 01:09:35,840 Speaker 4: though temporarily the headlines are going to be bad. 1421 01:09:36,680 --> 01:09:38,760 Speaker 1: Yeah, I think in the long term it seems good. 1422 01:09:39,439 --> 01:09:42,280 Speaker 1: You know, we have this quest to try and lower 1423 01:09:42,280 --> 01:09:45,880 Speaker 1: efficiency start, you know, increase efficiency and how many more 1424 01:09:45,920 --> 01:09:49,000 Speaker 1: miles you would drive per gallon tank, and we know 1425 01:09:49,040 --> 01:09:51,599 Speaker 1: there's environmental impact there, and that's all well and good, 1426 01:09:51,600 --> 01:09:54,679 Speaker 1: but it feels like the screws have really been put 1427 01:09:54,760 --> 01:09:57,200 Speaker 1: to the auto industry itself and saying, okay, there's a 1428 01:09:57,240 --> 01:10:00,360 Speaker 1: reasonable bound here, but we'ren't in the point of absurdity. 1429 01:10:01,280 --> 01:10:03,880 Speaker 4: Right I agree. It turns out the government is a 1430 01:10:03,960 --> 01:10:09,000 Speaker 4: terrible automaker, and not just ours, but across the world. 1431 01:10:09,320 --> 01:10:12,080 Speaker 4: If you look in Europe, for example, it was government 1432 01:10:12,080 --> 01:10:15,640 Speaker 4: that incentivized diesel to the point where that became the 1433 01:10:15,680 --> 01:10:18,439 Speaker 4: dominant fuel type across Europle. It turns out that's not 1434 01:10:18,479 --> 01:10:21,559 Speaker 4: good for you. So when government is in the position 1435 01:10:21,640 --> 01:10:24,519 Speaker 4: of building consumer products, that's not great. And when it 1436 01:10:24,560 --> 01:10:28,400 Speaker 4: comes to regulation, I don't think people understand that. They 1437 01:10:28,479 --> 01:10:32,000 Speaker 4: understand that good Bettershoel economy is good on one sense, 1438 01:10:32,040 --> 01:10:34,880 Speaker 4: so I think we all understand that. But what people 1439 01:10:34,960 --> 01:10:40,680 Speaker 4: don't understand is that regulation which leads to needs compliance, 1440 01:10:40,880 --> 01:10:45,280 Speaker 4: which costs money, which adds complexity, which adds weight, takes 1441 01:10:45,320 --> 01:10:49,880 Speaker 4: away certain things from consumers such as reliability, low cost, 1442 01:10:50,640 --> 01:10:55,160 Speaker 4: and you know, the lightweight of the car, which could 1443 01:10:55,200 --> 01:10:58,680 Speaker 4: be a safety feature. I guess, for lack of. 1444 01:10:58,680 --> 01:11:01,800 Speaker 1: A better word, yeah, understand those masks. But the fact 1445 01:11:01,840 --> 01:11:04,720 Speaker 1: of the matter is we, as American consumers, have an 1446 01:11:04,760 --> 01:11:09,000 Speaker 1: insatiable demand for trucks and SUVs that's at odds with 1447 01:11:09,080 --> 01:11:12,760 Speaker 1: these outdated standards or two aggressive standards I guess under 1448 01:11:12,760 --> 01:11:13,560 Speaker 1: the by administration. 1449 01:11:14,920 --> 01:11:18,920 Speaker 4: Yes, And here's the thing about trucks, and SUVs. You 1450 01:11:18,960 --> 01:11:21,920 Speaker 4: could argue, well, are people buying those because they need 1451 01:11:21,960 --> 01:11:24,000 Speaker 4: it or because it's what they want? I don't really know. 1452 01:11:24,760 --> 01:11:28,960 Speaker 4: Consumer choice always benefits the consumer. But here's a great 1453 01:11:29,000 --> 01:11:33,679 Speaker 4: example of how trucks can become more efficient while also 1454 01:11:33,840 --> 01:11:37,719 Speaker 4: serving the consumer's need. For example, there's a Ford pickup 1455 01:11:37,800 --> 01:11:40,519 Speaker 4: right now called the Ford Maverick. It's a small pickup truck. 1456 01:11:41,040 --> 01:11:43,000 Speaker 4: Well that hasn't been around for very long, of course, 1457 01:11:43,040 --> 01:11:45,560 Speaker 4: the name goes way back down to the seventies, but 1458 01:11:46,000 --> 01:11:49,080 Speaker 4: the actual vehicle that we have now, the Ford Maverick 1459 01:11:49,200 --> 01:11:52,080 Speaker 4: small pickup, has only been around for a few years. 1460 01:11:52,240 --> 01:11:55,320 Speaker 4: When they first introduced that, they couldn't make enough of 1461 01:11:55,360 --> 01:11:58,160 Speaker 4: those to keep up with demand. So that shows that 1462 01:11:58,280 --> 01:12:02,240 Speaker 4: consumers want something that makes sense. It's up to automakers 1463 01:12:02,280 --> 01:12:05,200 Speaker 4: to meet them where they are and give them the range, 1464 01:12:05,280 --> 01:12:08,080 Speaker 4: the price, the value and reliability they expect. 1465 01:12:08,240 --> 01:12:10,320 Speaker 1: I thought I had rare or heard that the Maverick, 1466 01:12:10,320 --> 01:12:13,640 Speaker 1: the Ford Maverick is just basically what it's replacing, the 1467 01:12:13,640 --> 01:12:14,360 Speaker 1: Ford Escape. 1468 01:12:16,320 --> 01:12:18,880 Speaker 4: Yeah, I mean, the Ford Escape is a small suv 1469 01:12:19,000 --> 01:12:21,320 Speaker 4: and we may end up seeing hybrid or plug in 1470 01:12:21,400 --> 01:12:24,400 Speaker 4: hybrid versions of that in the near future. The thing 1471 01:12:24,439 --> 01:12:28,040 Speaker 4: with the Maverick that was so I guess telling is 1472 01:12:28,120 --> 01:12:31,360 Speaker 4: that it doesn't have a big VA, it isn't oversized, 1473 01:12:31,439 --> 01:12:34,120 Speaker 4: it doesn't cost sixty thousand dollars, it doesn't even cost 1474 01:12:34,120 --> 01:12:38,920 Speaker 4: fifty thousand dollars. It's low price. It has some nice features, 1475 01:12:39,200 --> 01:12:43,720 Speaker 4: but it arguably has much less capability than say a 1476 01:12:43,960 --> 01:12:47,679 Speaker 4: Ford F two fifty, which is probably a special thing 1477 01:12:48,160 --> 01:12:50,920 Speaker 4: that some people do need. But the Maverick is a 1478 01:12:50,920 --> 01:12:53,080 Speaker 4: great example, and I bet you you'll see others when 1479 01:12:53,120 --> 01:12:56,479 Speaker 4: it comes to hybrids and electric counts more right, size 1480 01:12:56,520 --> 01:12:58,880 Speaker 4: solutions for what Americans want today. 1481 01:12:59,000 --> 01:13:01,240 Speaker 1: Yeah, I mean, you've seen the small pig and I 1482 01:13:01,240 --> 01:13:03,000 Speaker 1: guess I don't know what you categorize, but the small 1483 01:13:03,040 --> 01:13:06,120 Speaker 1: pickup truck Jeep has a model. It's like every manufacturer's 1484 01:13:06,200 --> 01:13:10,000 Speaker 1: rolling out a small pickup truck because they pickup truck. 1485 01:13:09,760 --> 01:13:14,479 Speaker 4: Aesthetic, right, Like there's a Hyundai Santa Cruz. You know 1486 01:13:14,520 --> 01:13:17,600 Speaker 4: what these cars all remind me of. It's almost like 1487 01:13:17,720 --> 01:13:20,760 Speaker 4: everything that's everything that's new, or everything that's old is 1488 01:13:20,800 --> 01:13:24,360 Speaker 4: new again. These small pickups like the Hyundai Santa Cruz 1489 01:13:24,400 --> 01:13:25,960 Speaker 4: and the Fort Maverick and some of the ones that 1490 01:13:26,040 --> 01:13:28,120 Speaker 4: you mentioned, what they kind of remind me of as 1491 01:13:28,160 --> 01:13:32,840 Speaker 4: a Chevy El Camino. It's small car base, right, not 1492 01:13:32,960 --> 01:13:35,320 Speaker 4: the Jeep, but the other ones are car based, better 1493 01:13:35,360 --> 01:13:39,160 Speaker 4: fuel economy, and it occasionally helps you do some utility 1494 01:13:39,240 --> 01:13:42,160 Speaker 4: tasks that you might need or might not need. But 1495 01:13:42,240 --> 01:13:44,400 Speaker 4: meanwhile you can drive it around every day comfortably. 1496 01:13:45,080 --> 01:13:50,280 Speaker 1: It can't belong before bring the station wagon back. You 1497 01:13:50,320 --> 01:13:51,160 Speaker 1: think that's gonna happen. 1498 01:13:52,200 --> 01:13:54,680 Speaker 4: I'm hoping because here's what I've noticed, and I'm this 1499 01:13:54,800 --> 01:13:59,479 Speaker 4: is only anecdotal. My own kids, who recently became driving age, 1500 01:13:59,479 --> 01:14:03,240 Speaker 4: have said nobody wants those big SUVs because it's too 1501 01:14:03,280 --> 01:14:05,759 Speaker 4: hard to judge where you are and when you're learning 1502 01:14:05,760 --> 01:14:09,240 Speaker 4: how to drive. They both kids said they prefer a 1503 01:14:09,360 --> 01:14:15,639 Speaker 4: small sedan or a hatchback. Well, SUVs replaced all those cars. 1504 01:14:15,640 --> 01:14:18,519 Speaker 4: So what's going to happen when these younger people move 1505 01:14:18,600 --> 01:14:21,360 Speaker 4: into the place where they're like, I don't want SUVs. 1506 01:14:21,400 --> 01:14:24,479 Speaker 4: They don't want SUV's because why we didn't want station wagons. 1507 01:14:24,600 --> 01:14:25,559 Speaker 4: That's my mom drives. 1508 01:14:25,720 --> 01:14:29,599 Speaker 1: Yeah, yeah, yeah, And eventually we'll come back like trucker 1509 01:14:29,640 --> 01:14:33,720 Speaker 1: hats and fanny packs. He's Brian Moody. He's the executive 1510 01:14:33,840 --> 01:14:38,240 Speaker 1: editor of Auto Trader and Kelly Bluebook talking about Trump's 1511 01:14:38,320 --> 01:14:41,640 Speaker 1: and the Trump administrations cut on cafe standards, which environmentals 1512 01:14:41,680 --> 01:14:43,800 Speaker 1: are gnashing their teeth over. But I think it's a 1513 01:14:43,800 --> 01:14:46,200 Speaker 1: good business simply because it's so hard for Detroit or 1514 01:14:46,240 --> 01:14:49,040 Speaker 1: all automatic American automakers, for manner doesn't have to be 1515 01:14:49,040 --> 01:14:51,799 Speaker 1: Detroit to try and keep up with that kind of stuff, 1516 01:14:51,960 --> 01:14:55,040 Speaker 1: And it totally does not mesh with what consumers demand, 1517 01:14:55,040 --> 01:14:58,360 Speaker 1: which are more trucks and SUVs and even smaller pickup 1518 01:14:58,360 --> 01:15:00,720 Speaker 1: trucks and SUVs for that matter. Do we also have 1519 01:15:00,760 --> 01:15:03,600 Speaker 1: to talk about evs. I was blown away when I 1520 01:15:03,640 --> 01:15:07,919 Speaker 1: traveled this summer to Australia the number of Chinese evs 1521 01:15:07,920 --> 01:15:10,720 Speaker 1: that are on the market as ubers there, and I 1522 01:15:10,760 --> 01:15:13,880 Speaker 1: thought the fit and finish looked pretty good in most cases, 1523 01:15:13,920 --> 01:15:16,920 Speaker 1: sometimes maybe not so much. But how much a threat 1524 01:15:17,000 --> 01:15:18,120 Speaker 1: is that to our market here? 1525 01:15:19,280 --> 01:15:23,000 Speaker 4: It's a big threat. That's how economic weapons work. I mean, 1526 01:15:24,040 --> 01:15:27,360 Speaker 4: they use their advantage to drive the price down, and 1527 01:15:27,600 --> 01:15:30,600 Speaker 4: they have working conditions and things in other parts of 1528 01:15:30,600 --> 01:15:34,000 Speaker 4: the world we wouldn't have here. But in other parts 1529 01:15:34,000 --> 01:15:36,479 Speaker 4: of the world they don't go by those same rules. 1530 01:15:37,160 --> 01:15:39,600 Speaker 4: Undercut the price of what's there and introduce it to 1531 01:15:39,680 --> 01:15:42,200 Speaker 4: a market and then you can drive the other people 1532 01:15:42,240 --> 01:15:46,479 Speaker 4: out of business. That's called an economic weapon. The idea 1533 01:15:46,720 --> 01:15:50,320 Speaker 4: that people would want these cars is not surprising because 1534 01:15:50,360 --> 01:15:52,840 Speaker 4: they're good, but there has to be some kind of 1535 01:15:52,920 --> 01:15:56,160 Speaker 4: protection all over the world, not just in the US, 1536 01:15:56,200 --> 01:15:58,720 Speaker 4: to make sure that it's living up to the standards 1537 01:15:58,720 --> 01:16:02,280 Speaker 4: that we all hold amongst ourselves in terms of where 1538 01:16:02,280 --> 01:16:04,599 Speaker 4: are the materials come from, how is it built, and 1539 01:16:05,040 --> 01:16:06,120 Speaker 4: who's building. 1540 01:16:05,800 --> 01:16:10,599 Speaker 1: It well as we relax cafe standards for internal combusting engines. 1541 01:16:10,880 --> 01:16:12,759 Speaker 1: It looks like to me, and again it's a brief sample. 1542 01:16:12,760 --> 01:16:16,520 Speaker 1: You tell me, Brian, the global market continues to prioritize electrification. 1543 01:16:16,680 --> 01:16:18,360 Speaker 1: Is that kind of put us at a disadvantage in 1544 01:16:18,400 --> 01:16:22,280 Speaker 1: the next I don't know, within the next ten years maybe. 1545 01:16:22,320 --> 01:16:26,439 Speaker 4: But here's the thing, more realistic goals would be helpful. 1546 01:16:27,080 --> 01:16:29,840 Speaker 4: No one's going No one's arguing that, you know, oh, 1547 01:16:29,880 --> 01:16:32,120 Speaker 4: electric cars are going to go away. That's not true. 1548 01:16:32,560 --> 01:16:36,080 Speaker 4: I think if most people, the average American, if they 1549 01:16:36,080 --> 01:16:38,680 Speaker 4: were to drive an electric car, they would like it. Yep. 1550 01:16:39,120 --> 01:16:41,920 Speaker 4: Now that means there's other things that have to be 1551 01:16:42,000 --> 01:16:44,360 Speaker 4: solved though. What about the price, what about the durability, 1552 01:16:44,400 --> 01:16:47,360 Speaker 4: what about the resale value. What about where I charge 1553 01:16:47,360 --> 01:16:49,880 Speaker 4: it up? It's perfect for people to have their own home, 1554 01:16:49,960 --> 01:16:52,479 Speaker 4: because that's about eighty percent of people that have electric 1555 01:16:52,520 --> 01:16:55,519 Speaker 4: cars charge them up at home. What about everybody else? Right, 1556 01:16:55,720 --> 01:16:58,640 Speaker 4: it's not the car that's necessarily the issue. It's a 1557 01:16:58,640 --> 01:17:00,439 Speaker 4: lot of other things that go into it. 1558 01:17:00,560 --> 01:17:03,320 Speaker 1: Yeah, if I live in a metro city like Cincinnati 1559 01:17:03,479 --> 01:17:06,200 Speaker 1: and I don't have a garage, I don't have access 1560 01:17:06,240 --> 01:17:08,640 Speaker 1: to that. How do I charge my electric vehicle? I 1561 01:17:08,720 --> 01:17:11,640 Speaker 1: need a traditional internal combustion engine at least, so we 1562 01:17:11,680 --> 01:17:13,920 Speaker 1: solve that. But again, the market will decide that. 1563 01:17:15,000 --> 01:17:18,400 Speaker 4: Right, the market should always decide these things. One thing 1564 01:17:18,439 --> 01:17:21,559 Speaker 4: that's a misnomer that I've heard often with electric cars 1565 01:17:21,680 --> 01:17:26,719 Speaker 4: is there's an argument that presumes that people who live 1566 01:17:26,800 --> 01:17:32,200 Speaker 4: in apartments or in mixed use housing. Let's say they 1567 01:17:32,200 --> 01:17:34,720 Speaker 4: don't want electric cars because they're too expensive, and the 1568 01:17:34,760 --> 01:17:36,880 Speaker 4: reason they're living in an apartment is because that's what 1569 01:17:36,920 --> 01:17:41,080 Speaker 4: they can afford. That's not true. There's many, many people 1570 01:17:41,280 --> 01:17:44,800 Speaker 4: in many cities across the country that choose to live 1571 01:17:44,960 --> 01:17:49,200 Speaker 4: in apartments, townhouses, or condos because that's what suits their 1572 01:17:49,240 --> 01:17:52,719 Speaker 4: lifestyle best. Not everyone wants to mow yard on a Saturday. 1573 01:17:53,080 --> 01:17:56,040 Speaker 4: Not everybody wants that. They just want come home. I 1574 01:17:56,200 --> 01:17:58,120 Speaker 4: have a place to go. It's all taken care of. 1575 01:17:58,600 --> 01:18:00,719 Speaker 4: And that's the thing that we need to solve next 1576 01:18:00,760 --> 01:18:03,320 Speaker 4: for how do you charge those things up? Also, there's 1577 01:18:03,439 --> 01:18:06,360 Speaker 4: just a mechanism of how long it takes to charge. 1578 01:18:06,520 --> 01:18:09,479 Speaker 4: If you need ten gas pumps, you probably need thirty 1579 01:18:09,560 --> 01:18:13,599 Speaker 4: charging stations based on the duration of time it takes 1580 01:18:13,960 --> 01:18:16,519 Speaker 4: to quote fill up your tank with an electric car. 1581 01:18:16,479 --> 01:18:17,080 Speaker 2: Yeah, it makes sense. 1582 01:18:17,120 --> 01:18:19,839 Speaker 1: I mean, if you drive several hundred miles, for example, 1583 01:18:19,880 --> 01:18:21,439 Speaker 1: you road trip it, you're going to have to plan 1584 01:18:21,520 --> 01:18:23,400 Speaker 1: out how long and where you stop. It's going to 1585 01:18:23,400 --> 01:18:25,519 Speaker 1: take more time to get from point A to point 1586 01:18:25,520 --> 01:18:28,920 Speaker 1: B driving a electric you can do much more on 1587 01:18:28,920 --> 01:18:31,599 Speaker 1: a hybrid, which seems to also have fallen out of favors. 1588 01:18:31,640 --> 01:18:33,880 Speaker 1: And I mean my son has a hybrid, he's had 1589 01:18:33,880 --> 01:18:35,599 Speaker 1: one for years. He loves it. He's getting like ninety 1590 01:18:35,640 --> 01:18:37,639 Speaker 1: nine miles of the gallon and when it's not charged, 1591 01:18:37,880 --> 01:18:40,880 Speaker 1: the internal combustion engine kicks in. It seems like a 1592 01:18:40,880 --> 01:18:42,880 Speaker 1: fair trade. Why did that fallow the favor. 1593 01:18:43,760 --> 01:18:46,719 Speaker 4: Well, because I think a lot of it is marketing. 1594 01:18:47,360 --> 01:18:49,400 Speaker 4: I think a lot of it is headline grabbing. But 1595 01:18:49,479 --> 01:18:51,439 Speaker 4: I think twenty twenty six will be the year of 1596 01:18:51,479 --> 01:18:54,280 Speaker 4: the hybrid. I really do think that people have kind 1597 01:18:54,280 --> 01:18:58,280 Speaker 4: of come to terms with the taxpayer funded incentive for 1598 01:18:58,439 --> 01:19:04,080 Speaker 4: EV's is gone. The cars at current state are relatively expensive, 1599 01:19:04,080 --> 01:19:07,559 Speaker 4: about fifty eight thousand dollars on average. Hybrids are much 1600 01:19:07,600 --> 01:19:10,400 Speaker 4: more affordable, and you have brands like Towyta that are 1601 01:19:10,400 --> 01:19:14,400 Speaker 4: moving to almost all hybrids. All of their cars either 1602 01:19:14,720 --> 01:19:17,880 Speaker 4: can be had as hybrids or in some cases like 1603 01:19:17,920 --> 01:19:22,400 Speaker 4: the Sienna and the Camera and the Crown, that's the 1604 01:19:22,400 --> 01:19:25,040 Speaker 4: only way it comes. So we're moving to a point 1605 01:19:25,080 --> 01:19:27,080 Speaker 4: when you look at Twitter like as a leader in 1606 01:19:27,160 --> 01:19:29,760 Speaker 4: this area, right, they're moving to a point where it's 1607 01:19:29,800 --> 01:19:32,040 Speaker 4: not a choice about getting a hybrid, it's just going 1608 01:19:32,120 --> 01:19:36,439 Speaker 4: to come that way, and the way they operate is normal. 1609 01:19:36,479 --> 01:19:39,000 Speaker 4: For the most part. They've changed. Listen, anybody out there 1610 01:19:39,000 --> 01:19:40,559 Speaker 4: who's thought, oh, I was going to get a hybrid 1611 01:19:40,600 --> 01:19:43,160 Speaker 4: fifteen years ago, but they're terrible to drive. You've got 1612 01:19:43,160 --> 01:19:45,000 Speaker 4: to drive one today, they're much much better. 1613 01:19:45,400 --> 01:19:48,280 Speaker 1: Yeah, technology improves, I mean in EVS. I drove a 1614 01:19:48,479 --> 01:19:52,040 Speaker 1: Tesla a few years ago and it was an incredible experience. 1615 01:19:52,040 --> 01:19:54,400 Speaker 1: You know, you're driving a computer, self driving computer for 1616 01:19:54,439 --> 01:19:56,519 Speaker 1: that matter. That technology is only going to get better. 1617 01:19:56,520 --> 01:19:59,160 Speaker 1: But I still think we I think hybrid bridge is 1618 01:19:59,200 --> 01:20:01,000 Speaker 1: a gap for a long time. I'm to Thomas Brian 1619 01:20:01,040 --> 01:20:05,080 Speaker 1: Moody over Kelly Bluebook and Auto Trader talking about Trump 1620 01:20:05,120 --> 01:20:09,040 Speaker 1: relaxing the cafe standards, which is great for manufacturers. It's 1621 01:20:09,040 --> 01:20:11,559 Speaker 1: also great for consumers as well. We going to see 1622 01:20:11,560 --> 01:20:13,760 Speaker 1: prices level off, if not drop because of this. 1623 01:20:15,240 --> 01:20:15,679 Speaker 6: We may. 1624 01:20:15,960 --> 01:20:19,120 Speaker 4: But here's the thing about any kind of those predictions. 1625 01:20:19,479 --> 01:20:24,160 Speaker 4: The cycle where automakers planned and developed and research vehicles 1626 01:20:24,760 --> 01:20:27,120 Speaker 4: is much longer than a year or two. It's more 1627 01:20:27,320 --> 01:20:32,000 Speaker 4: like six to eight years. So the few economy standards 1628 01:20:32,000 --> 01:20:34,439 Speaker 4: that we have now, yeah, there's a few things they 1629 01:20:34,479 --> 01:20:37,719 Speaker 4: can do in the short term, but planning, long term planning, 1630 01:20:38,040 --> 01:20:41,880 Speaker 4: And this is probably a point where what President Trump 1631 01:20:41,880 --> 01:20:45,080 Speaker 4: has done might be a disadvantage because the back and 1632 01:20:45,160 --> 01:20:48,320 Speaker 4: forth can be hard on the automaker being able to 1633 01:20:48,360 --> 01:20:52,200 Speaker 4: plan out their product portfolio long term. So it would 1634 01:20:52,200 --> 01:20:54,800 Speaker 4: be better to have a middle ground and just say, hey, 1635 01:20:55,080 --> 01:20:57,439 Speaker 4: we all agree, let's just keep it this way for 1636 01:20:57,479 --> 01:20:59,680 Speaker 4: the next twelve years. That would be better than up 1637 01:20:59,760 --> 01:21:01,360 Speaker 4: and down out in the short term. 1638 01:21:01,400 --> 01:21:04,000 Speaker 1: I guess get more granular here, Brian, what's the actual 1639 01:21:04,040 --> 01:21:07,120 Speaker 1: production cost difference between meeting the old two percent standard 1640 01:21:07,240 --> 01:21:09,920 Speaker 1: versus the half a percent standard per vehicle? How much 1641 01:21:09,960 --> 01:21:11,360 Speaker 1: does that shave off a car any idea. 1642 01:21:12,880 --> 01:21:14,680 Speaker 4: I don't know how much it shaves off a car 1643 01:21:14,760 --> 01:21:17,120 Speaker 4: in terms of production, but I know that it does 1644 01:21:17,240 --> 01:21:20,360 Speaker 4: reduce the cost of building cars in terms of compliance. 1645 01:21:20,800 --> 01:21:23,599 Speaker 4: For example, I spoke to this. This is some time ago. 1646 01:21:23,680 --> 01:21:27,320 Speaker 4: I spoke to an executive at the company Renault, which 1647 01:21:27,360 --> 01:21:30,760 Speaker 4: is a French company, and one of the reasons they 1648 01:21:30,840 --> 01:21:34,080 Speaker 4: stopped making one of their cars with a certain power 1649 01:21:34,120 --> 01:21:38,240 Speaker 4: train I think it was a diesel powered subcompact. They said, 1650 01:21:38,240 --> 01:21:41,240 Speaker 4: we can't make money on this car because thirty percent 1651 01:21:41,400 --> 01:21:45,000 Speaker 4: of the cost is compliant. So any kind you hear 1652 01:21:45,400 --> 01:21:50,040 Speaker 4: an additional piece of equipment being added or standards being changed, 1653 01:21:50,280 --> 01:21:53,479 Speaker 4: there's a cost for compliance. There's a cost for testing 1654 01:21:53,720 --> 01:21:57,880 Speaker 4: in addition to the actual production of the car. Let alone, 1655 01:21:58,000 --> 01:22:01,760 Speaker 4: whether or not you decreased drivability or reliability. 1656 01:22:02,200 --> 01:22:04,479 Speaker 1: Okay, that's what we'll set that aside. That's an interesting 1657 01:22:04,840 --> 01:22:08,080 Speaker 1: perspective from them too. But the other element here too is, Okay, 1658 01:22:08,120 --> 01:22:10,840 Speaker 1: we don't have the ev incentives anymore, so, you know, 1659 01:22:10,960 --> 01:22:14,120 Speaker 1: no more bellouts for EV and relaxed standards. What happens 1660 01:22:14,120 --> 01:22:16,599 Speaker 1: with market share relative to EV's and it's not hybrids 1661 01:22:16,680 --> 01:22:18,840 Speaker 1: but just electric vehicles over the next let's say, five 1662 01:22:18,880 --> 01:22:20,800 Speaker 1: to eight years, I. 1663 01:22:20,760 --> 01:22:22,920 Speaker 4: Think they're going to level off at a certain there's 1664 01:22:22,920 --> 01:22:24,519 Speaker 4: there's going to be a point where it's going to 1665 01:22:24,600 --> 01:22:27,799 Speaker 4: feel comfortable as part of the market, maybe ten percent, 1666 01:22:27,880 --> 01:22:32,320 Speaker 4: let's say. However, I think that the elimination of the rebates, 1667 01:22:32,400 --> 01:22:36,240 Speaker 4: the taxpayer funded incentives for electric cars, I think that's 1668 01:22:36,280 --> 01:22:38,840 Speaker 4: going to be good for electric cars in the long run. 1669 01:22:39,760 --> 01:22:42,719 Speaker 1: What about the sun costs that all automakers have gotten 1670 01:22:42,720 --> 01:22:44,720 Speaker 1: into with evs, and now that we're backing off of that, 1671 01:22:44,760 --> 01:22:47,080 Speaker 1: what happens with that? 1672 01:22:47,080 --> 01:22:49,560 Speaker 4: That's hard. They're going to have to make some adjustments, 1673 01:22:49,640 --> 01:22:54,280 Speaker 4: and we already see companies like Volvo, for example, maybe 1674 01:22:54,320 --> 01:22:56,800 Speaker 4: walking it back a little bit. And rather than saying, hey, 1675 01:22:56,800 --> 01:23:00,200 Speaker 4: we're going to force an ideological solution onto the consumer, 1676 01:23:00,720 --> 01:23:04,200 Speaker 4: they have recently said we're going to let consumer demand 1677 01:23:04,400 --> 01:23:07,840 Speaker 4: dictate what we do. So full electric by a certain 1678 01:23:07,880 --> 01:23:11,360 Speaker 4: time okay, maybe, but they're not going to artificially set 1679 01:23:11,400 --> 01:23:13,880 Speaker 4: those times. They're going to let like you had said before, 1680 01:23:14,360 --> 01:23:17,240 Speaker 4: let the market decide. That's always going to work out 1681 01:23:17,280 --> 01:23:20,479 Speaker 4: best for the company and for the consumer, because what 1682 01:23:20,600 --> 01:23:22,439 Speaker 4: do we pick. We all picked the thing that we 1683 01:23:22,600 --> 01:23:24,439 Speaker 4: like best that we can afford. 1684 01:23:24,760 --> 01:23:28,400 Speaker 1: Okay, But then, logically speaking, three years from now, let's 1685 01:23:28,400 --> 01:23:30,840 Speaker 1: say a Democrat gets elected. Does this all get wiped 1686 01:23:30,840 --> 01:23:32,360 Speaker 1: out and we start over again? And how do you 1687 01:23:32,400 --> 01:23:35,000 Speaker 1: plan that far ahead, if at all, If you're an 1688 01:23:35,000 --> 01:23:37,200 Speaker 1: auto manufacturer or tell a car. 1689 01:23:37,120 --> 01:23:41,240 Speaker 4: Dealer, that's a risk. I mean, that's definitely a risk. 1690 01:23:41,760 --> 01:23:44,240 Speaker 4: And some could argue that's a weak point in the system, 1691 01:23:44,280 --> 01:23:49,720 Speaker 4: that it's too prone to partisan back and forth. It 1692 01:23:49,760 --> 01:23:53,679 Speaker 4: would be better to have a middle ground that just said, hey, 1693 01:23:53,840 --> 01:23:56,880 Speaker 4: here's a good number for a fuel economy. Let's all agree. 1694 01:23:57,000 --> 01:24:01,000 Speaker 4: Let's have like a cross party committee that can just 1695 01:24:01,080 --> 01:24:03,519 Speaker 4: agree that this is a number and not politicize it. 1696 01:24:03,600 --> 01:24:07,559 Speaker 4: Because most cars today, like the average car, you can 1697 01:24:07,600 --> 01:24:10,559 Speaker 4: get a car that's gackling only not a hybrid that 1698 01:24:10,640 --> 01:24:13,080 Speaker 4: can get forty miles per gallon on the highway. That 1699 01:24:13,200 --> 01:24:16,559 Speaker 4: was unheard of twenty years ago, right. 1700 01:24:16,560 --> 01:24:19,519 Speaker 1: Because of well, how much of that is innovation and 1701 01:24:20,240 --> 01:24:22,439 Speaker 1: how much of that is government? In that Hey, as 1702 01:24:22,439 --> 01:24:24,840 Speaker 1: soon as gas prices go up, people start selling their 1703 01:24:24,840 --> 01:24:27,200 Speaker 1: evs and cars and get more fuel efficient things. We 1704 01:24:27,240 --> 01:24:30,160 Speaker 1: have another oil prices. Everyone wants an EV or something 1705 01:24:30,200 --> 01:24:31,560 Speaker 1: that's going to get more miles to the gown. The 1706 01:24:31,600 --> 01:24:33,880 Speaker 1: minute it starts to go back down, we go back, 1707 01:24:34,120 --> 01:24:37,320 Speaker 1: whipsaw back to the other things. And that's well, again, 1708 01:24:37,400 --> 01:24:39,840 Speaker 1: that's a consumer demand in the thickleness that we have there. 1709 01:24:39,880 --> 01:24:40,920 Speaker 2: But I think it's. 1710 01:24:40,840 --> 01:24:44,840 Speaker 4: Valid, right, But consumers don't want a twelve mile per 1711 01:24:44,880 --> 01:24:48,639 Speaker 4: gallon car and the generation to go or less. That 1712 01:24:48,920 --> 01:24:53,599 Speaker 4: was not an unusual thing. Today, people expect their car 1713 01:24:53,720 --> 01:24:57,000 Speaker 4: to get reasonable fuel economy, add hybrid to it, and 1714 01:24:57,080 --> 01:25:00,400 Speaker 4: like you said, I personally drove a plug in ibridge 1715 01:25:00,439 --> 01:25:02,639 Speaker 4: for three months. This won't happen to be a Volvo. 1716 01:25:02,760 --> 01:25:05,839 Speaker 4: I've got seventy five to eighty miles per gallon plugging 1717 01:25:05,840 --> 01:25:09,240 Speaker 4: it in every day, so I know that's possible. And 1718 01:25:09,400 --> 01:25:14,200 Speaker 4: I think what happens is the fuel economy ads convenience. 1719 01:25:14,479 --> 01:25:18,000 Speaker 4: You now have cars, especially hybrids, with a driving range 1720 01:25:18,000 --> 01:25:21,839 Speaker 4: of five or six hundred miles. That is a lifestyle changer. 1721 01:25:22,280 --> 01:25:24,920 Speaker 4: When I hear people with electric cars or who are 1722 01:25:25,000 --> 01:25:27,400 Speaker 4: electric car proponents say well, on a long trip, it 1723 01:25:27,400 --> 01:25:29,760 Speaker 4: only takes an extra forty five minutes to charge up. 1724 01:25:30,240 --> 01:25:32,360 Speaker 4: That's true, it does only take an extra forty five 1725 01:25:32,360 --> 01:25:34,800 Speaker 4: minutes to charge up. But that sounds like someone who 1726 01:25:34,840 --> 01:25:37,080 Speaker 4: doesn't have toddlers. 1727 01:25:37,760 --> 01:25:41,200 Speaker 1: Yeah, right, exactly, and we'll leave it at that again. 1728 01:25:41,240 --> 01:25:43,600 Speaker 1: Brian Moody Kelly Bluebook in the Auto Trader, he's the 1729 01:25:43,640 --> 01:25:47,920 Speaker 1: executive editor there. So I think this is a great thing. 1730 01:25:48,000 --> 01:25:50,240 Speaker 1: Quite honestly, is getting a little bit more common sense 1731 01:25:50,280 --> 01:25:53,320 Speaker 1: back in manufacturers will thus they'll be incentive for them 1732 01:25:53,360 --> 01:25:57,120 Speaker 1: to reduce an increased fuel efficiency in the future. It's 1733 01:25:57,120 --> 01:25:58,920 Speaker 1: not like simply it's going to go well twelve miles 1734 01:25:58,960 --> 01:26:01,000 Speaker 1: a gall and we won't stand for that anymore. It's 1735 01:26:01,040 --> 01:26:03,360 Speaker 1: all about consumer demand, not what the government wants. And 1736 01:26:03,400 --> 01:26:04,960 Speaker 1: this one makes sense to me. Brian, all the best, 1737 01:26:04,960 --> 01:26:06,120 Speaker 1: thanks for jumping on this morning. 1738 01:26:07,040 --> 01:26:08,120 Speaker 4: Thank you beautiful day. 1739 01:26:08,240 --> 01:26:08,320 Speaker 2: Edd. 1740 01:26:08,320 --> 01:26:11,599 Speaker 1: Speak of weatherwise, we're gonna push maybe mid fifties today. 1741 01:26:11,640 --> 01:26:13,640 Speaker 1: By this time next week we could see sixty the 1742 01:26:13,640 --> 01:26:16,200 Speaker 1: big six to oz incredible full forecast in the Way 1743 01:26:16,240 --> 01:26:18,599 Speaker 1: Traffic News and when a return, we'll keep it money 1744 01:26:19,160 --> 01:26:22,000 Speaker 1: with Andy Schaeffer from all Worth Financial on that and more. 1745 01:26:22,040 --> 01:26:26,040 Speaker 1: Just ahead seven hundred WLW time to talk. 1746 01:26:25,800 --> 01:26:28,639 Speaker 4: About money, how to make it, how to keep it, 1747 01:26:28,880 --> 01:26:34,880 Speaker 4: and how to keep others off your stash. 1748 01:26:35,160 --> 01:26:38,800 Speaker 1: This is all Worth Advice with Andy Shaeffer. Yeah's time 1749 01:26:38,840 --> 01:26:40,880 Speaker 1: we'll talk a well cash money. He is the cash 1750 01:26:40,920 --> 01:26:43,880 Speaker 1: money player. The Minister of Money is Andy Shaeffer. Joining 1751 01:26:43,920 --> 01:26:46,040 Speaker 1: us from all Worth Financial this morning on seven hundred 1752 01:26:46,040 --> 01:26:49,439 Speaker 1: WW Scott's Loan Show, Little Tuesday Morning check at a 1753 01:26:49,520 --> 01:26:51,600 Speaker 1: case and last week ended pretty damn well with the 1754 01:26:51,640 --> 01:26:54,960 Speaker 1: Dow Jones closing about fifty thousand dollars for the first 1755 01:26:54,960 --> 01:26:58,799 Speaker 1: time ever. Although I'm told that is the old person's index, 1756 01:26:58,880 --> 01:27:02,000 Speaker 1: a younger people, younger investors don't give a damn about 1757 01:27:02,000 --> 01:27:02,400 Speaker 1: the Dow. 1758 01:27:02,760 --> 01:27:06,160 Speaker 6: Andy Schaeffer, Well, I'm not exactly a young person, so 1759 01:27:06,280 --> 01:27:09,760 Speaker 6: I kind of care about it. And I mean it 1760 01:27:09,800 --> 01:27:12,840 Speaker 6: did it hit fifty thousand on Friday, which was great. 1761 01:27:12,920 --> 01:27:15,840 Speaker 6: You know, I celebrated Friday night because I remember when 1762 01:27:15,880 --> 01:27:18,880 Speaker 6: I started in this business out in Denver, Colorado, back 1763 01:27:18,880 --> 01:27:21,960 Speaker 6: in nineteen ninety nine, it was around nine or ten thousand. 1764 01:27:22,160 --> 01:27:25,360 Speaker 6: So you know, that tells you immediately that if you 1765 01:27:25,479 --> 01:27:28,880 Speaker 6: just stay the course and have some strategies in place 1766 01:27:28,920 --> 01:27:32,280 Speaker 6: to navigate volatility, you know you're gonna come out on 1767 01:27:32,320 --> 01:27:34,719 Speaker 6: the other side looking pretty good. And so yeah, fifty 1768 01:27:34,760 --> 01:27:37,120 Speaker 6: thousand was a big deal to me. You know, usually 1769 01:27:37,120 --> 01:27:39,840 Speaker 6: when you talk about the markets and how the markets 1770 01:27:39,840 --> 01:27:41,759 Speaker 6: are performing, I think the S and P five hundreds 1771 01:27:41,920 --> 01:27:43,799 Speaker 6: is a little bit better gauge. You have five hundred 1772 01:27:43,800 --> 01:27:46,719 Speaker 6: of the largest US companies compared to the Dallas thirty. 1773 01:27:46,760 --> 01:27:50,080 Speaker 6: But it was still an exciting day and I certainly 1774 01:27:50,080 --> 01:27:52,719 Speaker 6: celebrated Friday night because I think that's a big deal. 1775 01:27:52,600 --> 01:27:55,400 Speaker 1: With well, like a ten thousand dollars bottle of wine. 1776 01:27:55,520 --> 01:27:58,880 Speaker 6: Yeah, well, you know, we had a good time. 1777 01:27:58,920 --> 01:28:01,479 Speaker 1: I mean, I saw Street. I know what happens in 1778 01:28:01,520 --> 01:28:02,200 Speaker 1: those limos. 1779 01:28:03,320 --> 01:28:04,080 Speaker 2: Amount of money. 1780 01:28:04,479 --> 01:28:06,080 Speaker 6: Well, and I think you know, a lot of people 1781 01:28:06,120 --> 01:28:08,040 Speaker 6: have made a lot of money over the last three years. 1782 01:28:08,080 --> 01:28:12,040 Speaker 6: If you've been invested and didn't panic during the terrorists 1783 01:28:12,120 --> 01:28:15,439 Speaker 6: last April, made some adjustments to your portfolio, there's a 1784 01:28:15,479 --> 01:28:16,960 Speaker 6: lot of people that have made a lot of money 1785 01:28:17,080 --> 01:28:19,600 Speaker 6: over the last three years. And you know, hopefully everybody's 1786 01:28:19,640 --> 01:28:22,640 Speaker 6: continuing to participate. You know, our data right now is 1787 01:28:22,680 --> 01:28:25,519 Speaker 6: fairly stable, So hang in there. I think there are 1788 01:28:25,560 --> 01:28:26,599 Speaker 6: still brighter days to come. 1789 01:28:26,720 --> 01:28:28,920 Speaker 1: Yeah, as Cube said, it was a good day. That's 1790 01:28:28,960 --> 01:28:31,760 Speaker 1: right at the same time we got fifty thousand the Dow. 1791 01:28:32,160 --> 01:28:35,520 Speaker 1: We also saw a little bit how AI can disrupt markets. 1792 01:28:35,920 --> 01:28:39,160 Speaker 6: Oh yeah, so AI was interesting last week. You know 1793 01:28:39,200 --> 01:28:41,519 Speaker 6: that at one point there was a venture capitalist that 1794 01:28:41,800 --> 01:28:44,559 Speaker 6: said that software is eating the work, eating the world. 1795 01:28:44,560 --> 01:28:47,240 Speaker 6: And he said that back in twenty and eleven, and 1796 01:28:47,240 --> 01:28:49,600 Speaker 6: and what he meant by that was that, you know, 1797 01:28:49,600 --> 01:28:52,040 Speaker 6: when we have this new technology, it can make other 1798 01:28:52,120 --> 01:28:55,160 Speaker 6: technology a little bit obsolete. And one of the things 1799 01:28:55,200 --> 01:28:58,080 Speaker 6: that he said was, you know, the emerging cloud computing 1800 01:28:58,120 --> 01:29:02,439 Speaker 6: capabilities and the ability to scale infrastructure with low upfront costs, 1801 01:29:02,840 --> 01:29:06,120 Speaker 6: you know, can have a big impact on our general 1802 01:29:06,160 --> 01:29:08,200 Speaker 6: production and the way that we do business. And so 1803 01:29:08,880 --> 01:29:10,680 Speaker 6: you know, if you fast forward to today, there's some 1804 01:29:10,800 --> 01:29:13,599 Speaker 6: fear that AI is kind of doing the same to software. 1805 01:29:14,320 --> 01:29:16,160 Speaker 6: And some of that was evident last week when you 1806 01:29:16,200 --> 01:29:20,040 Speaker 6: saw Anthropodict showcase some of the new features in It's 1807 01:29:20,120 --> 01:29:23,000 Speaker 6: in its cloud agent that basically can handle a lot 1808 01:29:23,080 --> 01:29:25,720 Speaker 6: of the complex workflows that you would have with your 1809 01:29:25,760 --> 01:29:29,400 Speaker 6: basic CRMs. You know, we use Salesforce here at all 1810 01:29:29,400 --> 01:29:32,160 Speaker 6: Worth Financial, and I do love that CRM. But what 1811 01:29:32,200 --> 01:29:33,920 Speaker 6: you're starting to see is is that some of these 1812 01:29:34,000 --> 01:29:37,479 Speaker 6: AI capabilities you know, can solve a lot of these 1813 01:29:37,479 --> 01:29:40,360 Speaker 6: workflows a lot more efficiently than what we see with 1814 01:29:40,479 --> 01:29:42,920 Speaker 6: General CRM. So there's some concern there. 1815 01:29:42,960 --> 01:29:43,120 Speaker 2: Now. 1816 01:29:43,120 --> 01:29:45,439 Speaker 6: I don't think that this is going to you know, 1817 01:29:45,560 --> 01:29:48,040 Speaker 6: change the way that we do business overnight or make 1818 01:29:48,200 --> 01:29:51,040 Speaker 6: the software obsolete, but there has to be a transition 1819 01:29:51,280 --> 01:29:53,439 Speaker 6: on the end user companies to attempt to kind of 1820 01:29:53,479 --> 01:29:56,960 Speaker 6: recreate some of those types of AI approaches, and so 1821 01:29:57,120 --> 01:30:00,960 Speaker 6: that's something that has a lot of investors concern generally speaking, 1822 01:30:00,960 --> 01:30:03,679 Speaker 6: and I think there could be over time some pressure 1823 01:30:03,720 --> 01:30:05,519 Speaker 6: on that industry. But you know, it's you have to be. 1824 01:30:05,479 --> 01:30:09,080 Speaker 1: Seen, okay, Yeah, and it's it's all changing, its intermingling 1825 01:30:09,120 --> 01:30:11,240 Speaker 1: and those things across I guess it. So at some point, 1826 01:30:11,240 --> 01:30:13,559 Speaker 1: maybe AI companies become traded on the Dow and then 1827 01:30:13,600 --> 01:30:16,000 Speaker 1: the young people who hate the Dow will and lean 1828 01:30:16,040 --> 01:30:17,679 Speaker 1: into it because they're older and that's where the money 1829 01:30:17,720 --> 01:30:20,439 Speaker 1: is it's more stable. So that's right. It just trickles up. 1830 01:30:20,479 --> 01:30:23,280 Speaker 2: It's just I mean, you look at it throughout history. 1831 01:30:23,320 --> 01:30:24,800 Speaker 6: You know, when we were in the nineteen twenties and 1832 01:30:24,840 --> 01:30:27,599 Speaker 6: nineteen thirties, you know, we had mostly an industrial type 1833 01:30:27,640 --> 01:30:30,120 Speaker 6: of economy, you know, general Electric used to be on 1834 01:30:30,160 --> 01:30:31,680 Speaker 6: the Dow. They're not on the Dow anymore. And so 1835 01:30:31,880 --> 01:30:33,519 Speaker 6: you know, when you when you look at the way 1836 01:30:33,520 --> 01:30:36,400 Speaker 6: that we transition from a society where it used to 1837 01:30:36,479 --> 01:30:40,400 Speaker 6: be manufacturing was the driver to how you know, our 1838 01:30:40,560 --> 01:30:43,240 Speaker 6: total output as far as GDP was more important than 1839 01:30:43,280 --> 01:30:45,479 Speaker 6: the services industry. Well, that is flipped on its head. 1840 01:30:45,520 --> 01:30:48,240 Speaker 6: You know, now the services industry is way more important 1841 01:30:48,280 --> 01:30:50,519 Speaker 6: than our manufacturing industry, and you just have to be 1842 01:30:50,880 --> 01:30:51,719 Speaker 6: willing to adapt. 1843 01:30:51,960 --> 01:30:54,840 Speaker 1: Okay, very good, that's the volatility. Where at the Dow, 1844 01:30:54,960 --> 01:30:57,599 Speaker 1: things are looking good. Everything's holding steady. Right now, Let's 1845 01:30:57,640 --> 01:31:00,320 Speaker 1: talk about that job market. The January jobs report laid 1846 01:31:00,360 --> 01:31:03,519 Speaker 1: because of the mini meltdown that Congress had last week, 1847 01:31:04,360 --> 01:31:06,959 Speaker 1: but there's plenty of labor market data to decipher. 1848 01:31:07,000 --> 01:31:07,120 Speaker 2: Here. 1849 01:31:07,160 --> 01:31:07,559 Speaker 1: What do we have? 1850 01:31:08,080 --> 01:31:10,679 Speaker 6: Yeah, so the January jobs report was delayed last week. 1851 01:31:10,720 --> 01:31:13,040 Speaker 6: We're actually going to get those numbers tomorrow, so that 1852 01:31:13,080 --> 01:31:16,839 Speaker 6: will be interesting. Yeah, we're looking at kind of lukewarm report, 1853 01:31:16,960 --> 01:31:20,679 Speaker 6: maybe seventy thousand new jobs added. I think unemployment might 1854 01:31:20,920 --> 01:31:23,840 Speaker 6: hold study at about four point four percent. But we 1855 01:31:23,840 --> 01:31:26,679 Speaker 6: did get some some data last week, the Jolts Report, 1856 01:31:26,720 --> 01:31:28,640 Speaker 6: which we like to call to take this job and 1857 01:31:28,680 --> 01:31:32,320 Speaker 6: Shove it report where if you have a job and 1858 01:31:32,360 --> 01:31:35,160 Speaker 6: you're actively seeking another job, and so you know, that 1859 01:31:35,200 --> 01:31:38,880 Speaker 6: gives us an indication of how much availability in jobs 1860 01:31:38,880 --> 01:31:40,760 Speaker 6: that are out there. And we saw that they fell 1861 01:31:40,840 --> 01:31:43,160 Speaker 6: sharply and December at about six point five million, and 1862 01:31:43,200 --> 01:31:46,439 Speaker 6: that was its lowest level. So it's twenty twenty. The 1863 01:31:46,560 --> 01:31:50,120 Speaker 6: ratio of job openings to unemployed workers further fell below one, 1864 01:31:50,240 --> 01:31:53,160 Speaker 6: So that kind of signaled a hiring demand and wage 1865 01:31:53,160 --> 01:31:55,880 Speaker 6: pressure are easing a little bit. And so you know, 1866 01:31:55,920 --> 01:31:57,840 Speaker 6: when we flip that towards the FED, you know, the 1867 01:31:57,880 --> 01:31:59,719 Speaker 6: FED is thinking at this point, well, if we continue 1868 01:31:59,760 --> 01:32:02,639 Speaker 6: to see you know, more stress in the labor market 1869 01:32:02,720 --> 01:32:05,120 Speaker 6: than things starting to cool down, that might allow them 1870 01:32:05,160 --> 01:32:07,360 Speaker 6: to cut rates even further. So we'll see how that goes. 1871 01:32:07,400 --> 01:32:09,360 Speaker 1: Now, we saw jobless numbers go up, though. 1872 01:32:09,920 --> 01:32:12,719 Speaker 6: Yeah, jobs claims rose from two hundred and nine thousand 1873 01:32:12,760 --> 01:32:14,920 Speaker 6: to two hundred and thirty one. Some of that might 1874 01:32:15,000 --> 01:32:19,320 Speaker 6: be seasonal around the MLK holiday than a sudden deterioration, 1875 01:32:19,479 --> 01:32:21,240 Speaker 6: but I do think, you know, we did have this 1876 01:32:21,360 --> 01:32:23,799 Speaker 6: data that came out which is the Challenger Jobs cuts, 1877 01:32:23,920 --> 01:32:26,599 Speaker 6: and what that means is that a lot of these 1878 01:32:26,680 --> 01:32:30,439 Speaker 6: large companies have to announce cuts before they make them. 1879 01:32:30,439 --> 01:32:32,880 Speaker 6: If you have certain meat, certain criteria as far as 1880 01:32:32,920 --> 01:32:35,800 Speaker 6: the size of your company and the revenue that you have, 1881 01:32:35,920 --> 01:32:38,920 Speaker 6: you actually have to give a heads up, you know, 1882 01:32:39,000 --> 01:32:42,360 Speaker 6: from a public standpoint, about what you're planning to do. 1883 01:32:42,640 --> 01:32:46,200 Speaker 6: And so we saw those ers to over one hundred 1884 01:32:46,200 --> 01:32:48,280 Speaker 6: and eight thousand in January, so that was about a 1885 01:32:48,400 --> 01:32:51,920 Speaker 6: over one hundred percent increase year over year. Now a 1886 01:32:51,960 --> 01:32:54,360 Speaker 6: lot of that has to do with three of the 1887 01:32:54,400 --> 01:32:57,439 Speaker 6: major companies on the S and P five hundred, Ups 1888 01:32:57,479 --> 01:33:00,559 Speaker 6: which is about thirty thousand, Amazon about six, and now 1889 01:33:00,640 --> 01:33:03,360 Speaker 6: Chemical which is about four point five. So I think 1890 01:33:03,400 --> 01:33:06,000 Speaker 6: this is a little bit more concentrated as opposed to 1891 01:33:06,479 --> 01:33:08,920 Speaker 6: a more wide ranging issue when we move forward. 1892 01:33:09,120 --> 01:33:12,000 Speaker 1: Really interesting too, Okay, So yeah, job as a go to, 1893 01:33:13,040 --> 01:33:14,479 Speaker 1: I guess the thing is, I'm looking at the Dow 1894 01:33:14,520 --> 01:33:17,320 Speaker 1: when people always connected wrongly. So, but what's going on 1895 01:33:17,360 --> 01:33:19,120 Speaker 1: Wall Street and mainstream at the jobs? Okay, so it's 1896 01:33:19,120 --> 01:33:20,720 Speaker 1: hard to find Why is it so hard to find 1897 01:33:20,720 --> 01:33:21,080 Speaker 1: a job? 1898 01:33:21,960 --> 01:33:22,240 Speaker 2: Do you know? 1899 01:33:22,439 --> 01:33:23,760 Speaker 4: What I do know? 1900 01:33:23,960 --> 01:33:26,599 Speaker 6: And so what we're looking at now is there's still 1901 01:33:26,680 --> 01:33:30,280 Speaker 6: uncertainty out there manufacturing, even though we got a positive 1902 01:33:30,320 --> 01:33:33,640 Speaker 6: report from the Ism Services for the first time in 1903 01:33:33,680 --> 01:33:36,200 Speaker 6: a year. It's still wavering a little bit. And so 1904 01:33:37,200 --> 01:33:38,880 Speaker 6: a lot of times what you're looking at is from 1905 01:33:38,880 --> 01:33:40,719 Speaker 6: a corporate standpoint, when you go to the c suite 1906 01:33:40,760 --> 01:33:42,639 Speaker 6: and they're trying to make decisions as far as payroll 1907 01:33:42,760 --> 01:33:45,920 Speaker 6: is concerned, is that they're happy with the employers that 1908 01:33:45,960 --> 01:33:49,120 Speaker 6: they have. They're basically holding steady. We still don't have 1909 01:33:49,200 --> 01:33:51,920 Speaker 6: full clarity on the impact of tariffs. We still don't 1910 01:33:51,960 --> 01:33:55,920 Speaker 6: have deals done with China, Canada and Mexico, and so 1911 01:33:56,479 --> 01:33:59,680 Speaker 6: instead of hiring more to begin to ramp up for 1912 01:33:59,720 --> 01:34:02,599 Speaker 6: more production, a lot of companies are holding steady. Now 1913 01:34:02,800 --> 01:34:06,520 Speaker 6: that doesn't necessarily mean that they're making cuts. But if 1914 01:34:06,560 --> 01:34:08,400 Speaker 6: you have a job right now, it's like that you'll 1915 01:34:08,920 --> 01:34:10,680 Speaker 6: keep a job. But if you don't, it's going to 1916 01:34:10,720 --> 01:34:13,160 Speaker 6: be harder. And I did see a report from economists 1917 01:34:13,200 --> 01:34:16,519 Speaker 6: not too long ago, particularly college graduates are having a 1918 01:34:16,520 --> 01:34:19,000 Speaker 6: difficult time to find a job. And so you know, 1919 01:34:19,000 --> 01:34:21,920 Speaker 6: when I'm explaining what's going on from a corporate standpoint, 1920 01:34:21,960 --> 01:34:24,360 Speaker 6: this is more about white collar jobs and it is 1921 01:34:24,360 --> 01:34:27,240 Speaker 6: about blue collar jobs. They're hard to find. What companies 1922 01:34:27,280 --> 01:34:29,679 Speaker 6: are looking for, if they do hire, is usually somebody 1923 01:34:29,680 --> 01:34:34,200 Speaker 6: with experience that has specific, specific talents that are able 1924 01:34:34,240 --> 01:34:36,800 Speaker 6: to help them get you know, pass of certain goals 1925 01:34:36,840 --> 01:34:39,519 Speaker 6: that they have as opposed to training new people out 1926 01:34:39,520 --> 01:34:42,000 Speaker 6: of school. So it's really hard right now for college 1927 01:34:42,000 --> 01:34:44,840 Speaker 6: graduates that are coming out now. Blue collar jobs are available, 1928 01:34:45,280 --> 01:34:47,360 Speaker 6: so they're to be had, and I'm a big support 1929 01:34:47,400 --> 01:34:50,280 Speaker 6: of the trades. You know, it's particularly for young people. 1930 01:34:50,400 --> 01:34:54,080 Speaker 6: It's an easy and fast way to begin a career 1931 01:34:54,080 --> 01:34:56,400 Speaker 6: that can be very successful in rewarding, and you can 1932 01:34:56,400 --> 01:34:58,479 Speaker 6: make good money doing it. So it really just kind 1933 01:34:58,479 --> 01:35:00,599 Speaker 6: of depends on the industry that you're looking at. When 1934 01:35:00,640 --> 01:35:02,400 Speaker 6: people say it's hard to find a job, it just 1935 01:35:02,439 --> 01:35:03,760 Speaker 6: kind of depends on the demographic. 1936 01:35:03,880 --> 01:35:06,040 Speaker 1: I think schools are leading into it. Earlier the week 1937 01:35:06,080 --> 01:35:09,080 Speaker 1: I had on the present, Miami University talking about that 1938 01:35:09,120 --> 01:35:11,800 Speaker 1: new thirty one million dollar tech center that they have 1939 01:35:11,960 --> 01:35:15,600 Speaker 1: up there right advanced Manufacturing. They partner you know, they 1940 01:35:15,640 --> 01:35:19,360 Speaker 1: partner with Butler Tech. They partner with companies to basically 1941 01:35:19,400 --> 01:35:21,920 Speaker 1: create a workforce. And I think University of looking at 1942 01:35:21,920 --> 01:35:23,519 Speaker 1: this and going, hey, you know what, the old model, 1943 01:35:23,520 --> 01:35:26,280 Speaker 1: the way we taught for your degree, that's not working 1944 01:35:26,320 --> 01:35:28,080 Speaker 1: a lot of areas. We got to lean into this 1945 01:35:28,640 --> 01:35:31,000 Speaker 1: the workforce development thing, and we got to get people 1946 01:35:31,120 --> 01:35:32,480 Speaker 1: interested in manufacturing. 1947 01:35:32,520 --> 01:35:32,760 Speaker 6: Again. 1948 01:35:32,800 --> 01:35:35,000 Speaker 1: It's all high tech. It's not like the factories of old. 1949 01:35:35,040 --> 01:35:37,360 Speaker 1: For sure, the money are really good, but it's good 1950 01:35:37,400 --> 01:35:41,000 Speaker 1: to see the educational system, in particular Miami lean into 1951 01:35:41,040 --> 01:35:41,360 Speaker 1: this thing. 1952 01:35:41,720 --> 01:35:41,920 Speaker 2: Yeah. 1953 01:35:41,960 --> 01:35:45,120 Speaker 6: I actually heard that that was a great interview too. 1954 01:35:45,160 --> 01:35:46,600 Speaker 1: Well, thank you, I appreciate it. 1955 01:35:46,680 --> 01:35:49,680 Speaker 6: You're pretty good at your job. But yeah, that was 1956 01:35:49,760 --> 01:35:51,360 Speaker 6: that was awesome. And one of the things that I 1957 01:35:51,400 --> 01:35:54,679 Speaker 6: took away from that was he was talking about, you know, 1958 01:35:55,040 --> 01:35:57,280 Speaker 6: you can start a career there, and you can get 1959 01:35:57,320 --> 01:36:00,439 Speaker 6: high school students to get involved there as well and 1960 01:36:00,560 --> 01:36:02,200 Speaker 6: merge with a lot of the college students. They can 1961 01:36:02,240 --> 01:36:05,680 Speaker 6: earn credits, and furthermore, it's not you know, you're there 1962 01:36:05,720 --> 01:36:07,400 Speaker 6: for two years or you're there for four years, and 1963 01:36:07,400 --> 01:36:08,880 Speaker 6: then you move on to your career and they never 1964 01:36:08,880 --> 01:36:10,880 Speaker 6: see again. One of the things I found fascinating about 1965 01:36:10,880 --> 01:36:13,000 Speaker 6: your interview was that he's like, he said that, hey, 1966 01:36:13,000 --> 01:36:15,840 Speaker 6: you can keep coming back and continue to add credentials 1967 01:36:15,840 --> 01:36:18,479 Speaker 6: and continue to add skills and those type of things, 1968 01:36:18,479 --> 01:36:21,040 Speaker 6: and I thought that was neat. The other thing that 1969 01:36:21,040 --> 01:36:24,120 Speaker 6: stood out to me was when he was explaining about 1970 01:36:24,160 --> 01:36:27,320 Speaker 6: what work looks like in factories these days. And I 1971 01:36:27,360 --> 01:36:30,400 Speaker 6: have a client that was an executive at Schneider Electric 1972 01:36:30,520 --> 01:36:32,840 Speaker 6: down at Lexington, and I went down to visit his 1973 01:36:32,960 --> 01:36:35,080 Speaker 6: factory and had a meeting with them. When you go 1974 01:36:35,120 --> 01:36:38,120 Speaker 6: in some of these factories these days, they are spotless. 1975 01:36:38,320 --> 01:36:42,240 Speaker 6: I mean they're run very well. They take the very 1976 01:36:42,280 --> 01:36:46,680 Speaker 6: specific precautions about cleanliness and efficiency. I mean you have 1977 01:36:46,760 --> 01:36:49,600 Speaker 6: to you know, mask up and put boots on, you know, 1978 01:36:49,640 --> 01:36:53,000 Speaker 6: like slippers and clean Oh my gosh, it's amazing. And 1979 01:36:53,040 --> 01:36:56,120 Speaker 6: the efficiency and the technology that's involved with it. It's 1980 01:36:56,120 --> 01:36:58,080 Speaker 6: not like it was back in the thirties or forties, 1981 01:36:58,080 --> 01:37:01,240 Speaker 6: where you have Greece and the place and you know, 1982 01:37:01,280 --> 01:37:02,920 Speaker 6: and you're hammering and all that kind of we still 1983 01:37:02,920 --> 01:37:06,240 Speaker 6: battle that. Yeah, it's it's completely different. So, yeah, that 1984 01:37:06,280 --> 01:37:07,920 Speaker 6: interview was great. And then you know, it just goes 1985 01:37:07,960 --> 01:37:10,679 Speaker 6: to show you that people are not forgetting about the trades, 1986 01:37:10,720 --> 01:37:13,439 Speaker 6: particularly Miami University, and they put money into it, and 1987 01:37:13,439 --> 01:37:16,840 Speaker 6: that facility up there in Butler County is amazing. So 1988 01:37:16,960 --> 01:37:18,880 Speaker 6: I'm really looking forward to seeing how that all plays 1989 01:37:18,880 --> 01:37:20,439 Speaker 6: out up there, because I think that's pretty exciting. 1990 01:37:20,600 --> 01:37:21,920 Speaker 1: I mean, taking a little paper million you made a 1991 01:37:22,000 --> 01:37:24,000 Speaker 1: huge investment there, and I think it's gonna it's gonna 1992 01:37:24,040 --> 01:37:26,439 Speaker 1: pay dividends for the future of the workforce. So you know, 1993 01:37:26,479 --> 01:37:28,000 Speaker 1: there are jobs out there we just got to get. 1994 01:37:28,160 --> 01:37:30,200 Speaker 1: It's also the mind changes that we talked about too, 1995 01:37:30,320 --> 01:37:32,599 Speaker 1: is you know that the people, and largely it's influenced 1996 01:37:32,600 --> 01:37:34,639 Speaker 1: by mom and Dad and Graham and Grandpa, that it's 1997 01:37:34,439 --> 01:37:37,280 Speaker 1: a greasy, grimy job and you know you're gonna get 1998 01:37:37,360 --> 01:37:39,640 Speaker 1: hurt and your disability and it's like yeah, and then 1999 01:37:39,640 --> 01:37:42,040 Speaker 1: you walk into a place to go, wow, this is manufacturing. Yeah, 2000 01:37:42,320 --> 01:37:44,880 Speaker 1: it looks like a lab where they would make microchips. 2001 01:37:45,040 --> 01:37:47,880 Speaker 1: That's right, you know, and it's it's as safe as 2002 01:37:47,920 --> 01:37:50,600 Speaker 1: as possibly can be. You know, the robots and the 2003 01:37:50,720 --> 01:37:52,800 Speaker 1: like are doing the that that kind of dangerous work, 2004 01:37:52,800 --> 01:37:54,960 Speaker 1: and you kind of supervise. But I'm not saying it's 2005 01:37:55,000 --> 01:37:56,960 Speaker 1: it's you know, just watching machines run all day, not 2006 01:37:57,040 --> 01:38:00,719 Speaker 1: at all. It certainly involves a skill level, for sure, 2007 01:38:00,760 --> 01:38:03,320 Speaker 1: but you know to think that somehow it's it's degrading 2008 01:38:03,360 --> 01:38:05,240 Speaker 1: work and you walk into go wow, so are you 2009 01:38:05,320 --> 01:38:08,880 Speaker 1: like an engineer? It feels like it right, it's advanced podcast. 2010 01:38:09,120 --> 01:38:11,400 Speaker 6: Well that's really the titles of a lot of those workers. 2011 01:38:11,439 --> 01:38:13,760 Speaker 6: You know, I was I was walking around freely, and 2012 01:38:13,880 --> 01:38:16,840 Speaker 6: they have some very specific skills to be able to 2013 01:38:16,920 --> 01:38:20,519 Speaker 6: run these machines. And these machines are you know, hundreds 2014 01:38:20,520 --> 01:38:23,639 Speaker 6: of tons, and it's just amazing to watch these workers 2015 01:38:23,760 --> 01:38:27,040 Speaker 6: and the delicate balance that they play of operating these 2016 01:38:27,080 --> 01:38:29,599 Speaker 6: machines and the efficiency and it's kind of a it's 2017 01:38:29,600 --> 01:38:31,479 Speaker 6: a calmer environment. You know, a lot of these workers 2018 01:38:31,520 --> 01:38:33,800 Speaker 6: that have their headphones on, they're interacting with each other. 2019 01:38:34,560 --> 01:38:37,080 Speaker 6: You can make a good wage at these places. So 2020 01:38:37,720 --> 01:38:40,680 Speaker 6: you know, I would encourage young people to consider, you know, 2021 01:38:41,240 --> 01:38:43,639 Speaker 6: you work in the trades and you know, in blue 2022 01:38:43,640 --> 01:38:47,080 Speaker 6: collar industries because it's not like it was fifty years ago. 2023 01:38:47,160 --> 01:38:47,839 Speaker 2: Yeah, exactly. 2024 01:38:47,920 --> 01:38:50,080 Speaker 1: So anyway that's going to make and Hamilton, I'm sure 2025 01:38:50,080 --> 01:38:52,240 Speaker 1: that's going to be replicated anywhere. Yeah, it's going to 2026 01:38:52,320 --> 01:38:55,000 Speaker 1: be really really good. So there are jobs there, it's 2027 01:38:55,040 --> 01:38:59,000 Speaker 1: just again look finding the ones that that most people 2028 01:38:59,040 --> 01:39:00,760 Speaker 1: turn their nose up at it. Why he would because 2029 01:39:00,760 --> 01:39:02,720 Speaker 1: that's a really really good, playing to paying job. So 2030 01:39:02,920 --> 01:39:05,000 Speaker 1: I'll say today snapshot, we talked about the market and 2031 01:39:05,080 --> 01:39:08,240 Speaker 1: the now hitting fifty thousand AI being a disruptor. Jobs 2032 01:39:08,280 --> 01:39:10,240 Speaker 1: where to find him and what's going on in the 2033 01:39:10,360 --> 01:39:12,639 Speaker 1: week between now when we next talk on Tuesday. 2034 01:39:13,120 --> 01:39:15,639 Speaker 6: Yeah, we have some data that I have my on obviously, 2035 01:39:15,680 --> 01:39:18,599 Speaker 6: the jobs report tomorrow, you know, that's that's a big one. 2036 01:39:18,640 --> 01:39:18,800 Speaker 4: You know. 2037 01:39:18,840 --> 01:39:21,559 Speaker 6: We're also going to get the CPI index, which is 2038 01:39:21,880 --> 01:39:24,519 Speaker 6: the Consumer Price index that is a measure of inflation. 2039 01:39:24,600 --> 01:39:27,120 Speaker 6: That's going to be on Friday. Thursday. We're going to 2040 01:39:27,160 --> 01:39:29,760 Speaker 6: get existing home sales. I think that, you know, I 2041 01:39:29,760 --> 01:39:34,280 Speaker 6: can continue to watch home sales, building permits, things like that, 2042 01:39:34,360 --> 01:39:36,040 Speaker 6: and I know you're interested in that too, Scott. And 2043 01:39:36,439 --> 01:39:39,160 Speaker 6: I think that as rates continue to come down, you know, 2044 01:39:39,240 --> 01:39:41,519 Speaker 6: this might loosen up the housing market quite a bit. 2045 01:39:42,240 --> 01:39:44,439 Speaker 6: You know, it's likely that we're going to see at 2046 01:39:44,520 --> 01:39:47,400 Speaker 6: least one cut this year, probably in June maybe two. 2047 01:39:47,479 --> 01:39:51,240 Speaker 6: But I think if we start to get mortgage rates 2048 01:39:51,280 --> 01:39:54,639 Speaker 6: into the fives, I think that will really shake things loose, 2049 01:39:54,720 --> 01:39:57,200 Speaker 6: to encourage people to start moving around a little bit. 2050 01:39:57,320 --> 01:40:00,040 Speaker 6: So as the year progresses, you know, I think that 2051 01:40:00,080 --> 01:40:02,280 Speaker 6: will happen. And we're going to get those numbers on Thursday, 2052 01:40:02,320 --> 01:40:05,320 Speaker 6: So I'm interested in that as well. Quick question, Yeah, 2053 01:40:05,360 --> 01:40:11,240 Speaker 6: where's gold today? Gold this morning is somewhere around six thousand. 2054 01:40:11,439 --> 01:40:14,960 Speaker 6: Let's see, it's at five seventy seven, so it's down 2055 01:40:15,080 --> 01:40:17,000 Speaker 6: quite a bit from its ties. You know when we 2056 01:40:17,080 --> 01:40:19,680 Speaker 6: talked about three weeks ago and you gave me the 2057 01:40:19,720 --> 01:40:21,720 Speaker 6: business because I wasn't a big fan of it, and 2058 01:40:21,720 --> 01:40:23,680 Speaker 6: then all of a sudden it went down about a 2059 01:40:23,720 --> 01:40:26,559 Speaker 6: thousand points. And I think gold is still high. I mean, 2060 01:40:26,560 --> 01:40:28,680 Speaker 6: there's a lot of value there. And the reason that 2061 01:40:28,720 --> 01:40:31,560 Speaker 6: it started to come back to reality was is, you know, 2062 01:40:31,600 --> 01:40:34,320 Speaker 6: there's some you know, more technical issues that are involved 2063 01:40:34,360 --> 01:40:36,920 Speaker 6: with it, with futures contracts and margin calls and things 2064 01:40:36,960 --> 01:40:40,439 Speaker 6: like that. But it's a steady hedge against inflation, and 2065 01:40:40,880 --> 01:40:44,120 Speaker 6: when you continue to see inflation come down, it becomes 2066 01:40:43,720 --> 01:40:47,280 Speaker 6: a less attractive area to put your money. You know, 2067 01:40:47,320 --> 01:40:49,680 Speaker 6: gold is fine. I don't have anything against it, but 2068 01:40:49,720 --> 01:40:51,680 Speaker 6: as a long term investment, I don't think that's your 2069 01:40:51,680 --> 01:40:52,200 Speaker 6: best option. 2070 01:40:52,520 --> 01:40:55,960 Speaker 1: Okay, so what about these gold medals. I'm an Olympian. 2071 01:40:55,960 --> 01:40:57,479 Speaker 1: I want to unload one of these gold medals? How 2072 01:40:57,520 --> 01:40:58,320 Speaker 1: much checking get? 2073 01:40:58,840 --> 01:41:00,880 Speaker 6: Well? I think, you know, and what I can tell 2074 01:41:01,040 --> 01:41:04,280 Speaker 6: I think the golden medals are about you know, six 2075 01:41:04,400 --> 01:41:07,400 Speaker 6: grams or something like that, and so you know, if 2076 01:41:07,439 --> 01:41:07,960 Speaker 6: you get. 2077 01:41:07,960 --> 01:41:09,000 Speaker 1: What's that an American. 2078 01:41:09,920 --> 01:41:13,800 Speaker 6: Yeah, you know, somebody mentioned kilogram the other day. I 2079 01:41:13,800 --> 01:41:16,320 Speaker 6: don't know if that's eight pounds or one hundred at 2080 01:41:16,320 --> 01:41:19,280 Speaker 6: one point, but I think you know, with a you know, 2081 01:41:19,360 --> 01:41:21,479 Speaker 6: six gram of gold, a mouse about a thousand bucks. 2082 01:41:21,520 --> 01:41:24,000 Speaker 6: And so if you if you win a silver medal, 2083 01:41:24,040 --> 01:41:26,720 Speaker 6: you're probably looking at you know, for the price of 2084 01:41:26,760 --> 01:41:29,599 Speaker 6: the medal, you're probably looking at somewhere around eighty dollars. 2085 01:41:30,240 --> 01:41:32,960 Speaker 6: Bronze medal, you're probably looking at something about six dollars. 2086 01:41:32,960 --> 01:41:35,000 Speaker 6: But that's not why these athletes are out there. It's 2087 01:41:35,120 --> 01:41:38,240 Speaker 6: they're not out there for you know, winning a medal 2088 01:41:38,280 --> 01:41:40,679 Speaker 6: and turning it in at a pawn shop. They're there 2089 01:41:40,720 --> 01:41:43,240 Speaker 6: for you know, the glory of their country and doing 2090 01:41:43,240 --> 01:41:46,960 Speaker 6: it for their families, and you know, for competition and achievement. 2091 01:41:47,080 --> 01:41:48,960 Speaker 6: And I'm a big fan of the Olympics, and I've 2092 01:41:49,000 --> 01:41:51,160 Speaker 6: been keeping up with it and I can expect I'll 2093 01:41:51,160 --> 01:41:52,320 Speaker 6: continue to watch throughout the weekend. 2094 01:41:52,360 --> 01:41:54,439 Speaker 1: Yeah, yeah, yeah, yeah, yeah, Okay, all the semantics and 2095 01:41:54,439 --> 01:41:56,640 Speaker 1: that it's a thousand bucks. A thousand bucks. It's like 2096 01:41:56,680 --> 01:42:00,200 Speaker 1: a carping. Yeah, because I'm thinking of unloading my old 2097 01:42:00,200 --> 01:42:01,800 Speaker 1: medals and maybe I'll just hold on them. 2098 01:42:01,800 --> 01:42:03,599 Speaker 6: I don't know. You know, I think if we gave 2099 01:42:03,640 --> 01:42:05,519 Speaker 6: you six months, you might be able to make the 2100 01:42:05,560 --> 01:42:06,160 Speaker 6: curling team. 2101 01:42:07,479 --> 01:42:10,600 Speaker 1: Listen, I might multiple you know, if farting were an 2102 01:42:10,640 --> 01:42:16,599 Speaker 1: Olympic sports schaeffer, I would be. I'd be the Michael Phelps. Anyway, 2103 01:42:16,960 --> 01:42:20,439 Speaker 1: He's Andy Schaeffer at all Worth Financial every Tuesday morning 2104 01:42:20,439 --> 01:42:22,680 Speaker 1: week chopping up with your money. And it was a 2105 01:42:22,720 --> 01:42:24,439 Speaker 1: good week. Let's let's make it two in a row. 2106 01:42:24,520 --> 01:42:25,240 Speaker 2: Andy, all the best. 2107 01:42:25,560 --> 01:42:27,680 Speaker 6: That sounds good, Scott. 2108 01:42:26,920 --> 01:42:28,599 Speaker 1: Hay care man, appreciate you so much. Let me get 2109 01:42:28,640 --> 01:42:31,080 Speaker 1: a news update in Willie is standing by afterwards here 2110 01:42:31,120 --> 01:42:33,840 Speaker 1: on the Big One. As we start to cross the 2111 01:42:34,000 --> 01:42:37,800 Speaker 1: fifty degree threshold today, where so we're close to it, 2112 01:42:37,840 --> 01:42:40,400 Speaker 1: some people are saying, like, hey, maybe forty eight forty 2113 01:42:40,479 --> 01:42:45,000 Speaker 1: nine catch marks is like fifty five. Hope she's right. 2114 01:42:45,120 --> 01:42:47,360 Speaker 1: Meant a little of the snow out. I just hope. 2115 01:42:47,800 --> 01:42:51,000 Speaker 1: I just hope your basement stays dry. That's all Sloany. 2116 01:42:51,240 --> 01:42:55,120 Speaker 1: Home of the Reds Pitchers and catchers reporting yesterday there 2117 01:42:55,200 --> 01:42:57,839 Speaker 1: at Goodyear seven hundred WWT, Cincinnati,