WEBVTT - The Internet Reacts to CEO's Murder

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<v Speaker 1>Welcome to tech Stuff, a production from iHeartRadio. Hey there,

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<v Speaker 1>and welcome to tech Stuff. I'm your host, Jonathan Strickland.

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<v Speaker 1>I'm an executive producer with iHeart Podcasts and How the

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<v Speaker 1>tech are you. It's time for the tech news for

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<v Speaker 1>the week ending December sixth, twenty twenty four. And my apologies,

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<v Speaker 1>but we have some heavy stories both at the beginning

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<v Speaker 1>and the end of this one because of the way

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<v Speaker 1>news unfolded this week. One of the top stories this

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<v Speaker 1>week was that the United Healthcare CEO Brian Thompson died

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<v Speaker 1>after being attacked by a gun wielding assailant in New

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<v Speaker 1>York City and what was clearly a premeditated act of violence. Now,

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<v Speaker 1>this is not a true crime podcast, so I'm not

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<v Speaker 1>gonna dwell on the extraordinary facts about this case, the

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<v Speaker 1>ones that have been shared with us so far. You

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<v Speaker 1>can read up all about that if you like. Rather,

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<v Speaker 1>what I wanted to talk about is how the reaction

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<v Speaker 1>online to this act of violence has been pretty brutal,

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<v Speaker 1>and not just among your typical Internet trolls. Over on Reddit,

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<v Speaker 1>moderators had to shut down a thread in which doctors

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<v Speaker 1>were criticizing Brian Thompson and the insurance industry as a

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<v Speaker 1>whole for practices that prioritize profits and shareholder return over

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<v Speaker 1>human life. The participants in a thread in the subreddit

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<v Speaker 1>r slash medicine took United Healthcare to task for allegedly

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<v Speaker 1>denying coverage to patients, all in an effort to squeeze

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<v Speaker 1>out more value for shareholders. It got so spicy that

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<v Speaker 1>moderators chose to nuke the thread from orbit, because it's

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<v Speaker 1>the only way to be sure. I've been seeing a

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<v Speaker 1>lot of response to this killing online and there's a

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<v Speaker 1>very dark core of eat the rich fueling a lot

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<v Speaker 1>of these reactions. And y'all, don't get me wrong, I'm

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<v Speaker 1>very much in the camp of eat the rich, but

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<v Speaker 1>I think there's a very small number of an incredibly

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<v Speaker 1>privileged people who wield far too much wealth and power

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<v Speaker 1>in the United States and beyond, and that strikes me

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<v Speaker 1>as wrong. However, I'm also very much in the let's

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<v Speaker 1>not kill anybody camp when it comes to those sorts

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<v Speaker 1>of things. I have deep compassion for the countless patients

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<v Speaker 1>who found themselves lacking coverage despite having insurance. Like that

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<v Speaker 1>should never happen. That's why we have insurance Obviously, denying

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<v Speaker 1>patients in need is wrong, and it's a problem that

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<v Speaker 1>does need to be rectified. But I also, at the

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<v Speaker 1>same time think that killing someone is wrong as well.

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<v Speaker 1>You know, both things can both be you know, simultaneously

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<v Speaker 1>be true. Anyway, I guess this is where I say

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<v Speaker 1>the compassion part of my philosophy of compassion and critical

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<v Speaker 1>thinking comes in. I don't think those who create and

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<v Speaker 1>foster systems that profit off the suffering of others should

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<v Speaker 1>get away with that. They should be held accountable and

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<v Speaker 1>be required to participate in the fixing of those systems. However,

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<v Speaker 1>I also think gunning someone down in cold blood isn't

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<v Speaker 1>a reasonable solution to those kinds of problems anyway. One

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<v Speaker 1>other thing I want to mention about this is that

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<v Speaker 1>there's a lot of misinformation going around regarding this attack.

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<v Speaker 1>I have seen numerous posts quoting people, primarily Elon Musk,

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<v Speaker 1>about this incident. In fact, I saw one post getting

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<v Speaker 1>a lot of traction on Facebook being shared by multiple

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<v Speaker 1>friends of mine, and in that post it appeared that

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<v Speaker 1>Elon Musk was tweeting out essentially that CEOs keep the

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<v Speaker 1>world going round and that without CEOs everything falls apart.

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<v Speaker 1>The only thing is I could actually find no evidence

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<v Speaker 1>that he ever tweeted that message, and you know, he

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<v Speaker 1>tweets a lot, and there was no record of him

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<v Speaker 1>actually tweeting that out. There were these photos of a tweet,

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<v Speaker 1>but they looked weird, like the font wasn't right, the

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<v Speaker 1>kerning wasn't right on the typeface. So, in other words,

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<v Speaker 1>at least to my eyes, it appeared to be fabricated

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<v Speaker 1>in order to support a narrative. Of that narrative apparently

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<v Speaker 1>being that Elon Musk is a billionaire with no consideration

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<v Speaker 1>or awareness of what normal folks go through, and that

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<v Speaker 1>he has an overinflated opinion of himself, which you know,

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<v Speaker 1>I agree with that perception. I think it's accurate, but

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<v Speaker 1>I don't think that means people should go around inventing quotes.

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<v Speaker 1>The guy has plenty of real quotes that give us

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<v Speaker 1>insight into his beliefs and thoughts. There's no need to

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<v Speaker 1>make up new ones just to support a particular point

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<v Speaker 1>of view. So yeah, I guess ultimately what I'm saying

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<v Speaker 1>when I'm bringing up this whole story is one try

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<v Speaker 1>and keep compassion in mind. I understand if your capacity

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<v Speaker 1>for compassion is stretched due to the impact the insurance

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<v Speaker 1>industry has had at people at large, particularly people who

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<v Speaker 1>need it most. But also keep using critical thinking when

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<v Speaker 1>you're seeing you know memes and stuff shared about this

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<v Speaker 1>because often the people who are creating them have no

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<v Speaker 1>real consideration for you know, reality. They might saying things

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<v Speaker 1>that are accurate depictions, but not actual quotations, and I

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<v Speaker 1>think it's important to make the distinction, by the way.

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<v Speaker 1>To stick with the tech theme, one story that has

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<v Speaker 1>resurfaced in the wake of the killing of Brian Thompson

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<v Speaker 1>is how some ultra wealthy folks have been worrying and

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<v Speaker 1>preparing for a tumultuous upheaval brought about by one of

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<v Speaker 1>many potential things like climate change or a social revolution,

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<v Speaker 1>or just war in general, or another pandemic, that kind

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<v Speaker 1>of thing. Douglas Rushkoff wrote about this for The Guardian

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<v Speaker 1>back in twenty twenty two, and even then he was

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<v Speaker 1>referencing an event that had happened years earlier, and the

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<v Speaker 1>article is titled the super rich Preppers planning to save

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<v Speaker 1>themselves from the Apocalypse Now. In that piece, rushkov explains

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<v Speaker 1>he was lured to speak at an event, only he

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<v Speaker 1>discovered this event was actually a group of billionaires who

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<v Speaker 1>wanted to know about practical considerations they should be, you know,

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<v Speaker 1>making their designing constrs, structing, maintaining and operating a shelter

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<v Speaker 1>or a bunker that's designed to keep their precious bodies

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<v Speaker 1>safe while the rest of us suffer out in the

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<v Speaker 1>hellscape that is the apocalypse. And he claims that at

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<v Speaker 1>one point, the fat cats asked him how best to

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<v Speaker 1>keep control over their security details. After all, the people

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<v Speaker 1>working security would be coming from the commoners and they

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<v Speaker 1>might share some of those sentiments with the struggling and

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<v Speaker 1>the dying, dirty people outside. Rushcoff suggested that they actually

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<v Speaker 1>extend a hand and become friends with their staff, you know,

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<v Speaker 1>before the world falls apart, because human cooperation is necessary

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<v Speaker 1>for survival. But the rich folks, according to Rushkoff, favored

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<v Speaker 1>approaches like controlling the food supply or even requiring their

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<v Speaker 1>security detail to wear electric shock collars. And I'm not

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<v Speaker 1>being dramatic here. You should read the article now. The

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<v Speaker 1>reason I bring up this article, which is a couple

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<v Speaker 1>of years old, more than two years old at this point,

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<v Speaker 1>is that new articles are popping up about very similar

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<v Speaker 1>topics in the wake of Thompson killing. Natasha Tiku of

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<v Speaker 1>The Washington Post has an article titled Fearful of Crime,

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<v Speaker 1>the tech elite transformed their homes into military bunkers. That

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<v Speaker 1>article published just yesterday, and she also talks about a

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<v Speaker 1>Silicon Valley startup company the designed security systems for the

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<v Speaker 1>uber rich. And the company has a name that pretty

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<v Speaker 1>much tells you everything you need to know the name

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<v Speaker 1>of the company, sourn. Now, I wish I were making

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<v Speaker 1>that up. It's already insane to me that there's a

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<v Speaker 1>tech company out there with the unironic name Palanteer. And

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<v Speaker 1>here you have companies catering to the ultra wealthy or

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<v Speaker 1>the defense industry, and they're eagerly adopting names from J. R. R.

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<v Speaker 1>Tolkien's works, particularly the Lord of the Rings series, and

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<v Speaker 1>these are often names that are associated with bad guys.

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<v Speaker 1>So they're saying the quiet part out loud, y'all. Anyway,

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<v Speaker 1>if you want to get angry at rich people who

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<v Speaker 1>seem to think that it's better to live in a

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<v Speaker 1>world that's falling apart as long as they personally continue

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<v Speaker 1>to accumulate wealth, rather than live in a world where

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<v Speaker 1>they don't accumulate so much wealth and the rest of

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<v Speaker 1>the world starts to patch itself up, like, oh, well, no,

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<v Speaker 1>I want to have money, So why would I deny

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<v Speaker 1>myself all that money just so that the world could

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<v Speaker 1>potentially fix some problems. Let the world sort itself out.

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<v Speaker 1>I need mine. Well, these two articles are a pretty

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<v Speaker 1>darn good start for you to go down your journey

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<v Speaker 1>of decrying the rich. It's interesting because, like, there's definitely

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<v Speaker 1>been a growing sentiment and in the world in general,

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<v Speaker 1>at least the world I'm familiar with that has been

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<v Speaker 1>anti wealthy because of these sorts of issues. And when

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<v Speaker 1>I say wealthy, I mean like ultra wealthy, the people

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<v Speaker 1>who are benefiting from others, you know. And it sounds

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<v Speaker 1>like folks are worried that it's coming to a head.

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<v Speaker 1>I don't think it's coming to a head yet, but

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<v Speaker 1>you know, pressure does seem to be building, and I

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<v Speaker 1>expect that's going to continue over the next few years.

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<v Speaker 1>Another big story here in the United States involves more

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<v Speaker 1>details around the Chinese hacking operation known as Salt Typhoon. Now,

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<v Speaker 1>I'm pretty sure that we talked about Salt Typhoon months ago,

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<v Speaker 1>that we had talked about the discovery of a naming

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<v Speaker 1>of this operation earlier this year, but more details have

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<v Speaker 1>emerged recently that indicate the project is far broader in

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<v Speaker 1>scope than first imagined. So, according to the FBI, Chinese

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<v Speaker 1>hackers have infiltrated telecommunication systems here in the United States,

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<v Speaker 1>and we're talking the big guys like AT and T, Verizon,

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<v Speaker 1>and T Mobile, although T Mobile claims there's no evidence

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<v Speaker 1>hackers accessed customer information on their network. Further, these hackers

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<v Speaker 1>have accessed call information and texts and that kind of thing.

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<v Speaker 1>The matter is severe enough that the Senate had a

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<v Speaker 1>classified briefing on the matter this past Wednesday. According to Reuter's,

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<v Speaker 1>Senator Rick Scott was angry that the briefing didn't detail

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<v Speaker 1>information on why the FBI didn't catch this intrusion and

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<v Speaker 1>what they could have done to prevent the intrusion. Well,

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<v Speaker 1>I think i'll handle this one, Senator Scott. I think

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<v Speaker 1>it's entirely possible that the manner in which the hackers

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<v Speaker 1>use to intrude upon these systems is not yet known.

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<v Speaker 1>And if you don't know how someone got into your house,

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<v Speaker 1>you can't really address how you would have prevented it

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<v Speaker 1>from happening, Right, So I would argue that perhaps more

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<v Speaker 1>germane at least for the immediate future, is how do

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<v Speaker 1>we oust the hackers from the systems and then shut

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<v Speaker 1>off access so they can no longer spy on people

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<v Speaker 1>here in the United States. However, I admit I am

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<v Speaker 1>no politician anyway, this sort of thing, you know, state

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<v Speaker 1>impact hackers from China infiltrating telecommunication systems on a widespread basis.

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<v Speaker 1>It's one of the big reasons why several politicians voted

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<v Speaker 1>to ban TikTok in the United States unless it's Chinese

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<v Speaker 1>parent company Byte Dance divests itself of TikTok, And I

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<v Speaker 1>understand that line of reasoning, but I'll point out once

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<v Speaker 1>again that the issue of China spying on the United

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<v Speaker 1>States is way way bigger than TikTok, and there's a

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<v Speaker 1>real danger of using TikTok to be an example of

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<v Speaker 1>patching a very small hole while ignoring a huge crater.

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<v Speaker 1>And if we focus exclusively on TikTok, we're going to

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<v Speaker 1>ignore the larger problem that continues to be an issue. Okay,

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<v Speaker 1>we've got more news stories to get through before we

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<v Speaker 1>move on. Let's take a quick break to thank our sponsors.

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<v Speaker 1>We're back, and you know what, here's another story that

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<v Speaker 1>involves tech, the United States and China. We left off

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<v Speaker 1>with one of those, let's pick up with a different one.

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<v Speaker 1>This one revolves around rare earth metals and other raw materials. Also,

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<v Speaker 1>just as a reminder, rare earth metals tends to refer

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<v Speaker 1>to a class of metals that aren't necessarily actually rare.

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<v Speaker 1>They might be plentiful in the Earth's crust. The problem

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<v Speaker 1>is they don't typically appear in concentrated forms, so getting

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<v Speaker 1>hold of a lot of it is hard. It requires

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<v Speaker 1>a lot of work. Often it requires a lot of

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<v Speaker 1>work that is environmentally dangerous, also dangerous to the health

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<v Speaker 1>of the people who are working there. Like you're using

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<v Speaker 1>a lot of caustic chemicals to leach away metals from

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<v Speaker 1>other material So it's dangerous stuff. But the word rare

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<v Speaker 1>is a little bit misleading anyway. These are materials that

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<v Speaker 1>are very important for different aspects of the tech sector,

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<v Speaker 1>and recently the United States instituted new restrictions on products

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<v Speaker 1>that contain US made semiconductor chips from being sold to

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<v Speaker 1>Chinese businesses, essentially saying China is desperate to get their

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<v Speaker 1>hands on US designed semiconductors in order to steal the

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<v Speaker 1>technology and then repurpose it for other stuff. This is

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<v Speaker 1>been an ongoing concern for many years now, and so

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<v Speaker 1>one way that the United States tries to address this

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<v Speaker 1>is by banning the sale of certain materials and certain

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<v Speaker 1>products to China so that they can't just harvest the

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<v Speaker 1>semiconductors and use those to create knockoffs. But in retaliation

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<v Speaker 1>of this increased restriction on certain products to China, China

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<v Speaker 1>itself has announced that it is going to ban the

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<v Speaker 1>export of several rare earth metals and other minerals and

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<v Speaker 1>materials that are used in industries including military applications, as

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<v Speaker 1>well as the tech sector in general. So you may

0:13:38.120 --> 0:13:40.880
<v Speaker 1>be aware that many of our devices rely in part

0:13:41.160 --> 0:13:45.400
<v Speaker 1>on stuff that requires this kind of material, stuff like batteries,

0:13:45.559 --> 0:13:49.400
<v Speaker 1>for example. So this is a case of two superpowers

0:13:49.440 --> 0:13:52.160
<v Speaker 1>squaring off against each other in an attempt to deny

0:13:52.280 --> 0:13:56.439
<v Speaker 1>access to technology or the materials used to build technology,

0:13:56.520 --> 0:13:58.640
<v Speaker 1>and I suspect we're going to see more of these

0:13:58.720 --> 0:14:02.840
<v Speaker 1>kinds of conflicts during the Trump administration, assuming the tariffs

0:14:02.840 --> 0:14:05.760
<v Speaker 1>that Trump has promised actually come to pass. To read

0:14:05.800 --> 0:14:09.800
<v Speaker 1>more about this, I recommend Ashley Bellinger's article in Ours Technica.

0:14:09.880 --> 0:14:13.560
<v Speaker 1>It is titled China hits US with ban on critical

0:14:13.600 --> 0:14:18.000
<v Speaker 1>minerals used in tech manufacturing. Oh hey, let's get another

0:14:18.120 --> 0:14:21.640
<v Speaker 1>Tolkien reference in here. Why not? I mean, I'm leaving

0:14:21.640 --> 0:14:23.040
<v Speaker 1>the show in a month, so I might as well

0:14:23.080 --> 0:14:24.680
<v Speaker 1>sneak in as many as I can. I mean, I've

0:14:24.720 --> 0:14:28.240
<v Speaker 1>got a Tolkien tattoo on my arm for goodness sakes. Actually,

0:14:28.280 --> 0:14:30.920
<v Speaker 1>in this case, I'm not really sneaking anything in the

0:14:30.960 --> 0:14:34.520
<v Speaker 1>tech sector has me covered. Palmer Lucky, the guy who

0:14:34.560 --> 0:14:38.400
<v Speaker 1>created the Oculus VR headset and then who subsequently made

0:14:38.440 --> 0:14:42.920
<v Speaker 1>headlines with some very edge Lord activities, also has a

0:14:43.000 --> 0:14:46.640
<v Speaker 1>military defense company, because of course he does. And it's

0:14:46.680 --> 0:14:50.240
<v Speaker 1>called and Uril, which at least is not a reference

0:14:50.280 --> 0:14:53.000
<v Speaker 1>to a villain in the Lord of the Rings books. Instead,

0:14:53.000 --> 0:14:56.520
<v Speaker 1>it's the name of a sword anyway. And Uril has

0:14:56.520 --> 0:15:01.560
<v Speaker 1>announced a strategic partnership with open you know, the company

0:15:01.560 --> 0:15:05.040
<v Speaker 1>that's behind Chad GPT. And if you are thinking, well

0:15:05.080 --> 0:15:08.000
<v Speaker 1>that sounds bad, then you and I were on the

0:15:08.040 --> 0:15:11.680
<v Speaker 1>same page. And if you're also thinking, wait a minute,

0:15:11.880 --> 0:15:15.760
<v Speaker 1>I thought open AI was founded to be an organization

0:15:15.960 --> 0:15:21.280
<v Speaker 1>dedicated to the peaceful, responsible development of artificial intelligence. Well,

0:15:22.200 --> 0:15:25.840
<v Speaker 1>my dear sweet summer child, I've got some bad news

0:15:25.880 --> 0:15:29.160
<v Speaker 1>for you, because that version of open AI hasn't really

0:15:29.200 --> 0:15:32.720
<v Speaker 1>been a reality for quite some time at this point. Anyway.

0:15:33.240 --> 0:15:36.800
<v Speaker 1>Rob Thubren of tech Spot has a piece on this

0:15:37.000 --> 0:15:41.040
<v Speaker 1>that's titled open AI partners with Palmer Lucky's defense firm,

0:15:41.080 --> 0:15:45.040
<v Speaker 1>paving the way for AI driven military tech, And yeah,

0:15:45.280 --> 0:15:50.160
<v Speaker 1>I don't really see a positive way to spend this.

0:15:50.760 --> 0:15:53.960
<v Speaker 1>Apparently the initial focus of the partnership will be to

0:15:54.000 --> 0:15:59.680
<v Speaker 1>develop military platforms that can identify, target, and destroy unmanned drones.

0:16:00.200 --> 0:16:02.840
<v Speaker 1>But apparently they mentioned that they could also use that

0:16:02.920 --> 0:16:07.720
<v Speaker 1>same technology to deal with quote unquote legacy threats. Legacy

0:16:07.760 --> 0:16:11.239
<v Speaker 1>threats is a euphemism. It's a nice way to obfuscate

0:16:11.280 --> 0:16:14.120
<v Speaker 1>the fact that what they're talking about our aerial vehicles

0:16:14.320 --> 0:16:18.160
<v Speaker 1>with an actual human crew, you know, like aircraft, And

0:16:18.200 --> 0:16:21.040
<v Speaker 1>this would be a case of robots killing human beings.

0:16:21.320 --> 0:16:24.520
<v Speaker 1>And yes, we have all seen this movie, and yes

0:16:24.680 --> 0:16:28.440
<v Speaker 1>we do know it turns out poorly, and yet here

0:16:28.480 --> 0:16:34.560
<v Speaker 1>it is happening. Anyway. Yes, early this week, Intel announced

0:16:34.640 --> 0:16:38.920
<v Speaker 1>that CEO Pat Gelsinger is retiring from the company, but

0:16:39.000 --> 0:16:43.240
<v Speaker 1>as Stephen Vaughn Nichols a Computer World puts it, that's

0:16:43.280 --> 0:16:45.880
<v Speaker 1>a line that very few in the tech sector are

0:16:45.920 --> 0:16:49.480
<v Speaker 1>actually buying. So von Nichols has an article that's titled

0:16:49.680 --> 0:16:57.640
<v Speaker 1>Intel's CEO, Pat Gelsinger retires right. That's actually the name

0:16:57.680 --> 0:17:02.120
<v Speaker 1>of the article. His right has like five eyes in it. Anyway,

0:17:02.280 --> 0:17:05.600
<v Speaker 1>it indicates there's a certain level of skepticism around how

0:17:05.680 --> 0:17:09.000
<v Speaker 1>much of this was actually Gelsinger's own decision versus a

0:17:09.040 --> 0:17:13.680
<v Speaker 1>corporate move in an attempt to right the course of Intel.

0:17:14.000 --> 0:17:17.639
<v Speaker 1>And as you know, von Nichols writes, Intel's board of

0:17:17.640 --> 0:17:21.879
<v Speaker 1>directors has grown impatient and allegedly gave Gelsinger the choice

0:17:21.920 --> 0:17:26.240
<v Speaker 1>to either retire or face just being outright canned. Von

0:17:26.359 --> 0:17:29.000
<v Speaker 1>Nichols has a great treatment of what has happened at

0:17:29.000 --> 0:17:31.920
<v Speaker 1>Intel since two thousand and seven. Two thousand and seven

0:17:32.040 --> 0:17:34.840
<v Speaker 1>was when Intel fumbled a deal that would have seen

0:17:34.960 --> 0:17:39.359
<v Speaker 1>Intel chips inside Apple iPhones instead. That deal would end

0:17:39.440 --> 0:17:42.439
<v Speaker 1>up going to Samsung at the time, and von Nichols

0:17:42.480 --> 0:17:45.120
<v Speaker 1>makes a case that this was sort of the beginning

0:17:45.200 --> 0:17:47.879
<v Speaker 1>of a decline for Intel, and he says the company

0:17:47.880 --> 0:17:51.359
<v Speaker 1>has been in that downward trajectory ever since, and the

0:17:51.440 --> 0:17:55.200
<v Speaker 1>board apparently feels that Gelsinger didn't do enough to reverse

0:17:55.200 --> 0:17:59.399
<v Speaker 1>company fortunes. Whether anyone else can succeed in that job

0:17:59.480 --> 0:18:02.720
<v Speaker 1>remains to be seen, although against Stephen Vaughan Nichols at

0:18:02.760 --> 0:18:05.359
<v Speaker 1>the very least is not optimistic about it, and I

0:18:05.400 --> 0:18:10.680
<v Speaker 1>am inclined to agree with his assessment. Hailey Welch achieved

0:18:10.720 --> 0:18:13.840
<v Speaker 1>Internet celebrity with her response to a Man on the

0:18:13.840 --> 0:18:17.520
<v Speaker 1>Street interview that well, let's just say, if you don't

0:18:17.560 --> 0:18:19.800
<v Speaker 1>know Hailey Welch, if you don't know who that is,

0:18:20.119 --> 0:18:21.879
<v Speaker 1>I'm not going to go into it here because this

0:18:22.000 --> 0:18:24.399
<v Speaker 1>is a family show and I'm an old man, and

0:18:24.440 --> 0:18:27.800
<v Speaker 1>I just I just don't have the energy, y'all. But yeah,

0:18:27.840 --> 0:18:30.600
<v Speaker 1>I mean, she gave like a flippant, little funny answer

0:18:30.600 --> 0:18:34.000
<v Speaker 1>to a question and then became an Internet celebrity. And

0:18:34.640 --> 0:18:39.080
<v Speaker 1>apparently she wanted to leverage her newly won celebrity status

0:18:39.320 --> 0:18:43.960
<v Speaker 1>by lending her brand to a meme coin cryptocurrency that

0:18:44.160 --> 0:18:50.040
<v Speaker 1>was called a dollar Sign hawk Hawk. But that meme

0:18:50.160 --> 0:18:54.120
<v Speaker 1>coin experienced a dramatic decline in value, or, as Meredith

0:18:54.200 --> 0:18:58.080
<v Speaker 1>Clark of The Independent put it, dollar Sign hawk Quote

0:18:58.440 --> 0:19:02.399
<v Speaker 1>crashed by more than ninety percent just hours after it

0:19:02.480 --> 0:19:06.119
<v Speaker 1>hit the market. End quote, and in the wake of

0:19:06.200 --> 0:19:10.320
<v Speaker 1>that glorious failure, Welch is now facing accusations that she

0:19:10.440 --> 0:19:12.960
<v Speaker 1>was involved in essentially what was a pump and dump

0:19:13.280 --> 0:19:16.360
<v Speaker 1>rug pole scam. So a rug pole, in case you're

0:19:16.359 --> 0:19:18.760
<v Speaker 1>not familiar with the term, is a scheme in which

0:19:18.960 --> 0:19:22.359
<v Speaker 1>someone puts forward an asset that they invite people to

0:19:22.600 --> 0:19:26.040
<v Speaker 1>invest in. That asset could be anything. It doesn't have

0:19:26.160 --> 0:19:29.159
<v Speaker 1>to be digital, it could be whatever. The scam artist

0:19:29.400 --> 0:19:33.760
<v Speaker 1>owns steak in this asset, and that asset could effectively

0:19:33.800 --> 0:19:36.840
<v Speaker 1>be worthless, but the goal is to build up excitement

0:19:37.119 --> 0:19:39.560
<v Speaker 1>for this asset, to get people to buy in, and

0:19:39.560 --> 0:19:43.159
<v Speaker 1>that drives up the selling price of the asset, and

0:19:43.200 --> 0:19:46.639
<v Speaker 1>then the scam artist sells off their steak and essentially

0:19:46.680 --> 0:19:48.760
<v Speaker 1>they make money off of nothing at all. And then

0:19:48.800 --> 0:19:51.280
<v Speaker 1>typically they head for the hills. And that's your classic

0:19:51.440 --> 0:19:54.800
<v Speaker 1>rug pole. You pull the rug out from under the investors,

0:19:55.040 --> 0:19:57.720
<v Speaker 1>You build up excitement around something, you get people eager

0:19:57.760 --> 0:20:00.399
<v Speaker 1>to buy in out of fear of missing out, and

0:20:00.440 --> 0:20:03.360
<v Speaker 1>then you cash out before the whole thing comes crashing down. Now,

0:20:03.440 --> 0:20:06.560
<v Speaker 1>Welch ha said her mean Coin was never intended to

0:20:06.600 --> 0:20:10.919
<v Speaker 1>be a rug pull. That was not her aim. That however,

0:20:11.000 --> 0:20:13.840
<v Speaker 1>has not stopped an early investor from filing a complaint

0:20:13.880 --> 0:20:18.040
<v Speaker 1>with the US Securities Exchange Commission or SEC against Welch.

0:20:18.440 --> 0:20:21.480
<v Speaker 1>Welch maintains she never tried to pull a pump and up,

0:20:21.480 --> 0:20:25.320
<v Speaker 1>and in fact says her stake in Dollar Sign Hawk

0:20:25.720 --> 0:20:28.359
<v Speaker 1>is something that she's not even allowed to sell for

0:20:28.560 --> 0:20:31.840
<v Speaker 1>a year. And if that is true, then this just

0:20:31.920 --> 0:20:34.960
<v Speaker 1>might be a case of snipers and such taking advantage

0:20:35.000 --> 0:20:37.440
<v Speaker 1>of a meme coin launch and everyone else is ending

0:20:37.520 --> 0:20:41.480
<v Speaker 1>up left holding the bag, including Welch, which stinks but

0:20:41.920 --> 0:20:46.440
<v Speaker 1>also pretty predictable outcome. If I'm being totally honest, It's

0:20:46.440 --> 0:20:50.080
<v Speaker 1>not like this is unprecedented. It is very much precedented.

0:20:50.480 --> 0:20:53.720
<v Speaker 1>Waimo has announced that it is bringing its driverless cab

0:20:53.840 --> 0:20:57.960
<v Speaker 1>service to Miami, that the driverless vehicles will start trolling

0:20:58.000 --> 0:21:00.800
<v Speaker 1>around the streets in twenty twenty five. In fact, the

0:21:00.800 --> 0:21:05.920
<v Speaker 1>company says it will quote began reacquainting waymos all electric

0:21:06.160 --> 0:21:10.760
<v Speaker 1>Jaguar eye pieces to Miami's streets quote in a recent

0:21:10.800 --> 0:21:14.520
<v Speaker 1>press release. Now, the actual service, the driverless cab service

0:21:14.720 --> 0:21:17.920
<v Speaker 1>would wait until twenty twenty six to get into business.

0:21:18.160 --> 0:21:20.560
<v Speaker 1>And I'm sure there are many people in Miami who

0:21:20.560 --> 0:21:23.800
<v Speaker 1>could benefit from improved transportation options. I'm thinking of like

0:21:23.920 --> 0:21:27.960
<v Speaker 1>seniors in Miami who might not have easy ways to

0:21:28.000 --> 0:21:30.959
<v Speaker 1>get around, and I am glad that they will have

0:21:31.000 --> 0:21:34.320
<v Speaker 1>more options. However, I'm also worried that adding more cars

0:21:34.320 --> 0:21:37.560
<v Speaker 1>to the streets isn't really the ideal solution. But what

0:21:37.680 --> 0:21:40.600
<v Speaker 1>do I know? I mean, hasn't stopped us from doing

0:21:40.680 --> 0:21:44.359
<v Speaker 1>it in other markets too, even though I think ultimately

0:21:44.520 --> 0:21:48.160
<v Speaker 1>that there are other solutions that could not only give

0:21:48.320 --> 0:21:52.760
<v Speaker 1>more options for those who need transportation, but also have

0:21:52.960 --> 0:21:57.639
<v Speaker 1>a smaller impact on overall traffic in cities. And I

0:21:57.640 --> 0:22:00.560
<v Speaker 1>don't know, I think adding more cars does not really

0:22:00.600 --> 0:22:04.080
<v Speaker 1>address the traffic issue. In fact, I mean this might

0:22:04.080 --> 0:22:06.439
<v Speaker 1>be ignorant speaking, but it seems to me like it

0:22:06.640 --> 0:22:11.040
<v Speaker 1>just exacerbates that problem. All right, we've got more headlines

0:22:11.080 --> 0:22:13.280
<v Speaker 1>to get through before we get to that. Let's take

0:22:13.280 --> 0:22:26.760
<v Speaker 1>another quick break to think our sponsors. Google has also proclaimed,

0:22:26.840 --> 0:22:31.200
<v Speaker 1>through the AI arm of Google called DeepMind, that an

0:22:31.240 --> 0:22:36.240
<v Speaker 1>AI research laboratory called Gencast has developed a weather predicting

0:22:36.359 --> 0:22:40.639
<v Speaker 1>AI model that is more accurate than existing models, the

0:22:40.680 --> 0:22:45.359
<v Speaker 1>models that meteorologists typically depend upon, and that this model

0:22:45.400 --> 0:22:49.359
<v Speaker 1>can better predict extreme weather events up to fifteen days

0:22:49.520 --> 0:22:53.480
<v Speaker 1>out and in less time than it would take a

0:22:53.560 --> 0:22:58.080
<v Speaker 1>traditional model. This is interesting, and if it is true,

0:22:58.600 --> 0:23:01.960
<v Speaker 1>it could potentially lead to a rather drastic improvement in

0:23:02.000 --> 0:23:05.439
<v Speaker 1>weather forecasting and disaster preparedness. Now, I'm sure it's going

0:23:05.520 --> 0:23:08.920
<v Speaker 1>to take a lot more time to analyze gen casts,

0:23:08.960 --> 0:23:13.239
<v Speaker 1>systems and results to make certain that in fact, what

0:23:13.359 --> 0:23:16.399
<v Speaker 1>appears to be an improvement is really the case, right,

0:23:16.480 --> 0:23:19.560
<v Speaker 1>Because it could just be that it looks like it's

0:23:19.560 --> 0:23:22.240
<v Speaker 1>an improvement, but maybe over the long run, when you

0:23:22.240 --> 0:23:25.680
<v Speaker 1>get a larger sample size, those advantages might wash out.

0:23:26.080 --> 0:23:29.119
<v Speaker 1>We don't know. I hope they don't wash out, but

0:23:29.320 --> 0:23:32.359
<v Speaker 1>you need a lot of testing to make sure that

0:23:32.400 --> 0:23:35.359
<v Speaker 1>these things are actually more accurate. But this is the

0:23:35.440 --> 0:23:38.119
<v Speaker 1>sort of AI application I can actually really get behind.

0:23:38.400 --> 0:23:41.239
<v Speaker 1>If we can develop AI that is more effective at

0:23:41.280 --> 0:23:45.159
<v Speaker 1>analyzing data and patterns than we are in order to

0:23:45.160 --> 0:23:47.720
<v Speaker 1>do stuff like forecast the weather, I think that's great.

0:23:48.080 --> 0:23:51.440
<v Speaker 1>I think if people have an accurate or at least

0:23:51.880 --> 0:23:56.199
<v Speaker 1>a pretty accurate forecast, that if there are signs of

0:23:56.240 --> 0:23:59.080
<v Speaker 1>severe weather on the horizon, they can have more time

0:23:59.119 --> 0:24:02.119
<v Speaker 1>to prepare for that. I think that could save countless lives.

0:24:02.480 --> 0:24:04.800
<v Speaker 1>But we have to understand also that weather is an

0:24:04.920 --> 0:24:08.879
<v Speaker 1>extremely complex phenomena, and even a really effective model is

0:24:08.880 --> 0:24:11.480
<v Speaker 1>going to get things wrong sometimes. I know people who

0:24:11.480 --> 0:24:14.679
<v Speaker 1>get mad when it's been predicted that there's going to

0:24:14.680 --> 0:24:18.520
<v Speaker 1>be really traumatic, like severe weather, and then it turns

0:24:18.560 --> 0:24:20.480
<v Speaker 1>out to not be so bad, and they get angry

0:24:20.520 --> 0:24:22.480
<v Speaker 1>about it, And I'm like, y'all are angry about the

0:24:22.520 --> 0:24:25.000
<v Speaker 1>wrong things. I would be angry if I were told

0:24:25.040 --> 0:24:26.159
<v Speaker 1>it was just going to be a little bit of

0:24:26.200 --> 0:24:29.160
<v Speaker 1>a sprinkle outside and then a tornado tore my house down.

0:24:29.520 --> 0:24:32.040
<v Speaker 1>That's when I would get mad. I don't get mad

0:24:32.359 --> 0:24:34.760
<v Speaker 1>the weather's not as bad as I was told it

0:24:34.800 --> 0:24:38.400
<v Speaker 1>was going to be. I don't know, I'm probably a weirdo.

0:24:39.040 --> 0:24:42.280
<v Speaker 1>Bill Nelson, the administrator for NASA, announced that the agency's

0:24:42.359 --> 0:24:45.119
<v Speaker 1>Artemis program is going to experience a bit of a delay,

0:24:45.359 --> 0:24:48.320
<v Speaker 1>and I think this comes as a surprise to absolutely

0:24:48.680 --> 0:24:51.760
<v Speaker 1>no one. I'm pretty sure that I've mentioned a few

0:24:51.800 --> 0:24:55.480
<v Speaker 1>times this year that I thought NASA's earlier plan for

0:24:55.640 --> 0:24:59.960
<v Speaker 1>Artemis was overly ambitious. But right now, the Artemis mission

0:25:00.640 --> 0:25:03.520
<v Speaker 1>the next one, which is to send astronauts on a

0:25:03.520 --> 0:25:06.159
<v Speaker 1>trip that will take them around the backside of the

0:25:06.200 --> 0:25:08.880
<v Speaker 1>Moon and then back to Earth, not landing on the Moon,

0:25:09.000 --> 0:25:12.040
<v Speaker 1>just going around it. That mission has now been pushed

0:25:12.040 --> 0:25:16.119
<v Speaker 1>back to April twenty twenty six. The Moon landing mission,

0:25:16.160 --> 0:25:18.639
<v Speaker 1>which would return astronauts to the lunar surface for the

0:25:18.680 --> 0:25:22.959
<v Speaker 1>first time since nineteen seventy two, has now been pushed

0:25:22.960 --> 0:25:26.840
<v Speaker 1>back to twenty twenty seven. Further, Trump's pick for the

0:25:26.880 --> 0:25:30.719
<v Speaker 1>new head of NASA is Jared Isigmann, who is a

0:25:31.240 --> 0:25:34.720
<v Speaker 1>filthy rich businessman who back in twenty twenty one paid

0:25:34.760 --> 0:25:38.160
<v Speaker 1>SpaceX and undisclosed amount of money, but I imagine it

0:25:38.200 --> 0:25:42.080
<v Speaker 1>was a princely sum to fly aboard a SpaceX mission

0:25:42.160 --> 0:25:45.600
<v Speaker 1>in an all civilian space tourist mission. He would later

0:25:45.720 --> 0:25:49.080
<v Speaker 1>on fly in a second space tourist mission to become

0:25:49.119 --> 0:25:52.560
<v Speaker 1>the first space tourist to participate in an EVA. That's

0:25:52.600 --> 0:25:55.960
<v Speaker 1>an extra vehicular activity or spacewalk. Do you and me?

0:25:56.440 --> 0:26:00.760
<v Speaker 1>And In very sad news, we learned not too long

0:26:00.800 --> 0:26:04.880
<v Speaker 1>ago that Marshall Brain, the founder of HowStuffWorks dot com,

0:26:05.160 --> 0:26:08.320
<v Speaker 1>committed suicide in his office at the campus of North

0:26:08.320 --> 0:26:12.320
<v Speaker 1>Carolina State University. Brain founded how stuff Works in the

0:26:12.400 --> 0:26:16.160
<v Speaker 1>nineteen nineties. He used his passion for learning and communicating

0:26:16.359 --> 0:26:21.480
<v Speaker 1>to build a site that aim to explain how everything works.

0:26:21.920 --> 0:26:25.119
<v Speaker 1>He would later launch a podcast called brain Stuff that

0:26:25.160 --> 0:26:28.520
<v Speaker 1>would become the first of many stuff shows to launch,

0:26:28.600 --> 0:26:32.400
<v Speaker 1>including tech Stuff, and the story obviously has a big

0:26:32.440 --> 0:26:35.720
<v Speaker 1>personal impact on me. I literally would not have the

0:26:35.800 --> 0:26:39.159
<v Speaker 1>career I am in right now without Marshall Brain. I

0:26:39.200 --> 0:26:42.239
<v Speaker 1>wouldn't be here, I wouldn't be doing this podcast. I

0:26:42.280 --> 0:26:45.960
<v Speaker 1>met Marshall Brain several times, but we never actually worked

0:26:45.960 --> 0:26:49.880
<v Speaker 1>together on any projects. Some of my colleagues spent much

0:26:49.920 --> 0:26:52.199
<v Speaker 1>more time with him, and all of us from the

0:26:52.240 --> 0:26:56.320
<v Speaker 1>Stuff era are still processing this and grieving for his family.

0:26:57.000 --> 0:27:00.479
<v Speaker 1>I have no real details to share about his story

0:27:00.520 --> 0:27:03.000
<v Speaker 1>and what led up to him deciding to take his

0:27:03.080 --> 0:27:06.920
<v Speaker 1>own life. There are pieces in outlets like Ours Technica

0:27:07.040 --> 0:27:09.440
<v Speaker 1>that shed a little more light into what was going

0:27:09.440 --> 0:27:12.879
<v Speaker 1>on leading up to his death, but I don't feel

0:27:12.920 --> 0:27:15.440
<v Speaker 1>like this is the right place to dive into that.

0:27:15.520 --> 0:27:17.720
<v Speaker 1>I would just like to say that if you are

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<v Speaker 1>struggling with thoughts of suicide, reach out for help. There's

0:27:21.720 --> 0:27:24.960
<v Speaker 1>no shame in reaching out for help, and I, for one,

0:27:25.320 --> 0:27:28.440
<v Speaker 1>would prefer a world that has you in it. That's

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<v Speaker 1>a very heavy note to end on. I do have

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<v Speaker 1>a couple of additional reading suggestions for all of y'all

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<v Speaker 1>before I head out. First up is a piece in

0:27:36.240 --> 0:27:41.399
<v Speaker 1>The Verge by Elizabeth Lopoto titled stop using Generative AI

0:27:41.560 --> 0:27:45.280
<v Speaker 1>as a search engine. Lopato details incidents in which people

0:27:45.320 --> 0:27:48.560
<v Speaker 1>have used generative AI to answer questions only to receive

0:27:48.720 --> 0:27:53.640
<v Speaker 1>incorrect answers, often with invented details that just never really

0:27:53.680 --> 0:27:56.080
<v Speaker 1>happened in the real world, which is really similar to

0:27:56.119 --> 0:27:59.040
<v Speaker 1>what I found when I use chat GPT to quote

0:27:59.080 --> 0:28:02.880
<v Speaker 1>unquote write an episode of Tech Stuff. You know, if

0:28:02.920 --> 0:28:05.680
<v Speaker 1>you haven't listened to that episode, you should, because I

0:28:06.320 --> 0:28:09.480
<v Speaker 1>bring up some big concerns I have as a result

0:28:09.520 --> 0:28:12.439
<v Speaker 1>of what I got when I use chat GPT to

0:28:12.480 --> 0:28:15.720
<v Speaker 1>do that. But check out Lopato's piece for more insight

0:28:16.200 --> 0:28:19.840
<v Speaker 1>into that issue. And finally, I recommend reading Tim Cushing's

0:28:19.880 --> 0:28:24.159
<v Speaker 1>piece in Tech Dirt titled Federal Court says dismantling a

0:28:24.240 --> 0:28:27.959
<v Speaker 1>phone to install firmware isn't a search, even if it

0:28:28.040 --> 0:28:31.919
<v Speaker 1>was done to facilitate a search. So essentially what the

0:28:31.960 --> 0:28:34.359
<v Speaker 1>story is saying is that a court has decided that

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<v Speaker 1>law enforcement officials do not need to secure a search

0:28:38.440 --> 0:28:42.680
<v Speaker 1>warrant before attempting to compromise a phone or other device

0:28:42.760 --> 0:28:45.720
<v Speaker 1>like a laptop. But once they do get access to

0:28:45.840 --> 0:28:48.560
<v Speaker 1>that device, they then would need to get a search

0:28:48.600 --> 0:28:51.240
<v Speaker 1>warrant in order to actually search the device. They wouldn't

0:28:51.240 --> 0:28:53.760
<v Speaker 1>be allowed to search it after breaching it unless they

0:28:53.760 --> 0:28:55.760
<v Speaker 1>had the warrant. They just don't need the warrant to

0:28:55.800 --> 0:29:00.640
<v Speaker 1>start the process of breaching the device. Moreover, the essentially

0:29:00.640 --> 0:29:03.960
<v Speaker 1>hold on to the locked or defunct or broken device

0:29:04.000 --> 0:29:06.600
<v Speaker 1>for as long as they need to before they're able

0:29:06.640 --> 0:29:09.120
<v Speaker 1>to crack it open. So check out that article. He

0:29:09.200 --> 0:29:15.480
<v Speaker 1>brings up some pretty interesting arguments about the good and

0:29:15.520 --> 0:29:19.959
<v Speaker 1>the bad of that, and he advocates for more of

0:29:20.120 --> 0:29:24.560
<v Speaker 1>a more clarity around this from a court perspective, which

0:29:24.560 --> 0:29:26.440
<v Speaker 1>I think makes sense, Like we live in that world

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<v Speaker 1>where this is a very real possibility and the laws

0:29:31.080 --> 0:29:35.040
<v Speaker 1>that guide us around illegal search and seizure were not

0:29:35.160 --> 0:29:39.280
<v Speaker 1>equipped to handle those kinds of scenarios, so we really

0:29:39.280 --> 0:29:42.360
<v Speaker 1>do need more clarification on that. That's it for this

0:29:42.640 --> 0:29:46.440
<v Speaker 1>episode of the tech News of tech Stuff. I hope

0:29:46.560 --> 0:29:49.400
<v Speaker 1>all of you out there are doing well, and I'll

0:29:49.440 --> 0:29:58.760
<v Speaker 1>talk to you again really soon. Tech Stuff is an

0:29:58.760 --> 0:30:04.280
<v Speaker 1>iHeartRadio production. For more podcasts from iHeartRadio, visit the iHeartRadio, app,

0:30:04.440 --> 0:30:07.600
<v Speaker 1>Apple podcasts, or wherever you listen to your favorite shows.