WEBVTT - Study Hall: When Will The AI Bubble Pop? And Who's to Blame?

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right, leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will.

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<v Speaker 2>Be protected sponsored by the United States Department of Homeland Security.

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<v Speaker 3>So as far as AI Mike no regrets told us

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<v Speaker 3>that there will be an AI boom, I mean bust

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<v Speaker 3>absolutely bubble AI bubble right, and it will pop eventually,

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<v Speaker 3>and he also said that you know, in Video and

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<v Speaker 3>Microsoft two companies that would be good to invest in.

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<v Speaker 3>As far as leading away on artificial intelligence, I think.

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<v Speaker 4>I heard that before somewhere perhaps, So is there too

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<v Speaker 4>much height behind artificial intelligence?

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<v Speaker 5>And what we see a market correction, you know, punish

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<v Speaker 5>artificial intelligence, because even I mean the stock market this

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<v Speaker 5>year is really has gone up off of artificial intelligence

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<v Speaker 5>hype really from the tech stocks, for sure, when tech

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<v Speaker 5>stocks have driven the larger stock market as a whole.

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<v Speaker 5>So are we in for a n FT type situation

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<v Speaker 5>with AI?

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<v Speaker 6>Absolutely? And now I'm gonna go crazy on this one.

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<v Speaker 4>When I did the talk on him and Kathy and

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<v Speaker 4>invest Fest, he said seventeen to eighteen months. And if

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<v Speaker 4>we're going to be super honest, these boom and hype

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<v Speaker 4>cycles that lead to BUS happened. So when crypto, I

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<v Speaker 4>remember at one time people were telling me the russe

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<v Speaker 4>of two thousand was a better category to invest in

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<v Speaker 4>the S and P five hundred.

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<v Speaker 6>I'm like, but if you haven't been in these.

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<v Speaker 4>Markets long enough, you don't see that those midcaps eventually fall.

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<v Speaker 4>Then we went through, of course with n FT's and

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<v Speaker 4>we're going to see an AI probably in eighteen to

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<v Speaker 4>twenty four months. The ones that are great Open ai anthropic.

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<v Speaker 4>Google has their foot in the race, and I'm hearing

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<v Speaker 4>shout out to the good folks over at Meta that

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<v Speaker 4>they have something that they're working on that they're going

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<v Speaker 4>to release probably end of year. Those would be the

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<v Speaker 4>big four. Every category of business, every sector has a

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<v Speaker 4>Big four. The race is to get that lion's here.

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<v Speaker 4>So now that that's carved out, eventually there'll be one

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<v Speaker 4>in healthcare. There'll be a couple of music that has

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<v Speaker 4>an impact that probably be one in film. I would

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<v Speaker 4>love to see what they do in oil and gas.

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<v Speaker 4>But the other ones that are basing evaluations off being

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<v Speaker 4>off AI alone. It's probably fifteen apps that I have

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<v Speaker 4>on my phone that were not AI companies last year,

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<v Speaker 4>and then after open ai came out, they got a

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<v Speaker 4>chance to get all this funding. It's never a good

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<v Speaker 4>place to be in when you are a copy or

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<v Speaker 4>replica of another business. So I can't wait for this

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<v Speaker 4>boom to happen because it's needed, and this is what

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<v Speaker 4>happens when you have too much capital floating around. But

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<v Speaker 4>if I'm going to be very honest, this is the

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<v Speaker 4>fault of venture capitalist. No one wants us to have

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<v Speaker 4>the conversation, and we need to. But they funded the

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<v Speaker 4>crypto bubble, they funded the WorldCom Tech two thousand bubble,

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<v Speaker 4>they funded part of the housing crisis bubble, then Crypto,

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<v Speaker 4>then NFT, then AI. But no one ever goes to say,

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<v Speaker 4>where's capital being deployed from to go into these projects

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<v Speaker 4>that will allow them to run net negative for four

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<v Speaker 4>years but be one of the greatest companies of all time.

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<v Speaker 6>But it brings to us to a bigger point three.

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<v Speaker 4>I was told this past weekend to the reason why

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<v Speaker 4>they won't announce that we're in.

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<v Speaker 6>A recession because if they do, the little will get uncovered.

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<v Speaker 4>And most of the pension funds are unsolvent, are insolvent,

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<v Speaker 4>so money in capital eventually has to move and it

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<v Speaker 4>never dies. It's always deployed somewhere. But when you are

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<v Speaker 4>seeing things talked about too much, that's when you know

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<v Speaker 4>all the money has left it. Notice when Deutsche Bank

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<v Speaker 4>got into crypto, JP Morgan got into crypto, State Street,

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<v Speaker 4>Vanguard is now putting their arms and money into crypto.

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<v Speaker 4>They never made an announcement, never went on CNBC, never

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<v Speaker 4>went on Bloomberg, never went on. Royters to say anything

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<v Speaker 4>about it. They just did it very quietly and behind

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<v Speaker 4>the scenes. So yeah, Ernest, what's up.

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<v Speaker 7>You ever walk into a small business and everything just

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<v Speaker 7>works like the checkout is fast, the receipts are digital,

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<v Speaker 7>tipping is a breeze, and you're out the door before

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<v Speaker 7>the line even builds odds are they're using Square. We

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<v Speaker 7>can keep pushing your vision forward. This episode is brought

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from El Salvador

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<v Speaker 1>accused of murdering a Texas. Man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

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<v Speaker 1>Secretary of Homeland Security under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

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<v Speaker 1>one hundred thousand illegal aliens.

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<v Speaker 2>Have been arrested.

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<v Speaker 1>If you are here illegally, your next you will be

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<v Speaker 1>fine nearly one thousand dollars a day, imprisoned and deported,

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<v Speaker 1>you will never return. But if you register using our

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<v Speaker 1>CBP home app and leave now, you could be allowed

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<v Speaker 1>to return legally. Do what's right. Leave now. Under President

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<v Speaker 1>Trump America's laws, border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security's.

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<v Speaker 4>Bubble popping about eighteen to twenty four months. And then

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<v Speaker 4>we'll have some real players that actually have an impact

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<v Speaker 4>and really solve a real problem come in and they'll thrive.

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<v Speaker 7>The real players are the real players already. I feel

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<v Speaker 7>like they're there. Then there's not going to be a newcomer. Well,

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<v Speaker 7>there might be a newcomer who can help in the space,

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<v Speaker 7>but the players are going to be the players. It's

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<v Speaker 7>going to be Nvidia, right because of what they do

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<v Speaker 7>with their GPUs. It's gonna be Microsoft, it's gonna be Google,

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<v Speaker 7>it's gonna be Amazon, and it's.

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<v Speaker 6>Gonna be Meta.

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<v Speaker 7>I was just gonna say, we're gonna get into Meta

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<v Speaker 7>because even if you look what they're doing in terms

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<v Speaker 7>of the healthcare space, if you look at what she's

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<v Speaker 7>trying to do, it's gonna require over a thousand GPUs

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<v Speaker 7>And who makes the fastest GPUs yep, right now in video.

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<v Speaker 7>So if we're looking and that they're planning for one

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<v Speaker 7>hundred years from now, That's.

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<v Speaker 6>What I keep saying. No one's thinking about five six

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<v Speaker 6>years like she's.

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<v Speaker 7>They're playing for one hundred years from now. This is

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<v Speaker 7>going to be the technology that leads it. The companies

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<v Speaker 7>that are here that are doing it at the highest

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<v Speaker 7>level and the most efficient level. I mean, it's gonna

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<v Speaker 7>be tough to There're so far ahead now that it's

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<v Speaker 7>gonna be tough to out face them.

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<v Speaker 6>And we see this with labels.

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<v Speaker 4>Any person that gets hot gets acquired by Sony Universal,

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<v Speaker 4>like one of the big boys, like a shot at

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<v Speaker 4>the Raucus Records, nobody at Rockets when Puff was running

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<v Speaker 4>around selling Ma's album. No one at Rockers is doing

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<v Speaker 4>nine million. That's shit, Like Innerscope is going to have

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<v Speaker 4>the name like you can't in American society and American capitalism,

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<v Speaker 4>a lesson I've learned early. You're gonna have to pay

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<v Speaker 4>the big somewhere. Even when I go to Mexico, people like, man,

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<v Speaker 4>what do you do if the police pull you over

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<v Speaker 4>and they charge you one hundred dollars just to go?

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<v Speaker 4>It's never happened to me, thank god. But every time

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<v Speaker 4>I'm in Mexico, they're like, you can either just pay

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<v Speaker 4>now or do like you do an America and go

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<v Speaker 4>to court and pay double. At some point, you're not

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<v Speaker 4>going to make a billion dollars and not have to

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<v Speaker 4>pay Google, Amazon, Tesla, Meta. You're gonna have to pay

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<v Speaker 4>that tech tole road at some point or not be

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<v Speaker 4>on a big platform. Go check on Freshman Fit and

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<v Speaker 4>see how they're doing. If they like being on Rumble.

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<v Speaker 4>Stomach been rumbling ever since they got demonetized.

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<v Speaker 6>What are they doing they on Rumble? They for you

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<v Speaker 6>to that.

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<v Speaker 4>I think they got the demonetized. That's damn the same

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<v Speaker 4>thing you can promote. But rishad you ever looked at

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<v Speaker 4>Myron and be like, yo, you that.

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<v Speaker 7>The streaming platform.

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<v Speaker 6>They're only the only day behind paywall right now? Yep?

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<v Speaker 4>And the douce speed over a rumble Yeah, oh yeah,

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<v Speaker 4>I think I gotta do that and acts over there, Okay, Yeah,

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<v Speaker 4>and a couple of the right wing people.

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<v Speaker 6>Right, it's gonna be tough.

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<v Speaker 4>But yeah, going back to Priscilla when I when I

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<v Speaker 4>had to post put up. They are trying to solve

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<v Speaker 4>a real problem. Like yeah, and there's gonna be a

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<v Speaker 4>big migration from everyone in tech to healthcare. That's the

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<v Speaker 4>real bad. I keep going back to that poison index.

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<v Speaker 4>Nobody copy that, please, food, alcohol, drugs, pharmaceutical.

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<v Speaker 6>For all the diseases that.

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<v Speaker 4>Are prevalent in our society. Like and I was looking

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<v Speaker 4>the other day, I'm like, where can you even get watermelons?

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<v Speaker 6>And taxes that are seated.

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<v Speaker 4>If you look at commercial production of watermelons since nineteen

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<v Speaker 4>ninety seated watermelons have dropped by ninety seven percent. M

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<v Speaker 4>As a kid, you couldn't go in any you go

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<v Speaker 4>on a hood grocery store in nineteen eighty nine, nineteen

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<v Speaker 4>ninety two and get a seed waterman, it's tough. Now

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<v Speaker 4>it's hard to go on sprouts and get one. So

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<v Speaker 4>they migrated to food or pharma or the music business.

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<v Speaker 4>And everyone who's made all of their money in tech

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<v Speaker 4>when interest rates where zero to three percent, because all

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<v Speaker 4>the easy capitals going, they're going to transfer their way

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<v Speaker 4>over the healthcare and take over those spaces as well.

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<v Speaker 4>Mark and Priscilla just kind of navigating for everyone who's

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<v Speaker 4>criticizing it might get the criticism, but his wife is

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<v Speaker 4>a doctor.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:11:29.800 --> 0:11:33.600
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:11:33.880 --> 0:11:38.000
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:11:38.080 --> 0:11:41.960
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:11:42.040 --> 0:11:45.840
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:11:45.840 --> 0:11:49.440
<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:11:49.440 --> 0:11:54.240
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:11:54.280 --> 0:11:57.840
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:11:57.880 --> 0:12:01.120
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:12:01.200 --> 0:12:05.040
<v Speaker 1>are here illegally, your next you will be fine nearly

0:12:05.120 --> 0:12:09.120
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families.

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<v Speaker 2>Will be protected. Sponsored by the United States Department of

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<v Speaker 2>homeland security,