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Speaker 1: Hey, guys, Saga and Crystal here.

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Speaker 2: Independent media just played a truly massive role in this election,

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Speaker 2: and we are so excited about what that means for

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Speaker 2: the future of the show.

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Speaker 1: This is the only place where you can find honest

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Speaker 1: perspectives from the left and the right that simply does

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Speaker 1: not exist anywhere else.

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Speaker 2: So if that is something that's important to you, please

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Speaker 2: go to Breakingpoints dot com. Become a member today and

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Speaker 2: you'll get access to our full shows, unedited, ad free,

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Speaker 2: and all put together for you every morning in your inbox.

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Speaker 1: We need your help to build the future of independent

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Speaker 1: news media and we hope to see you at Breakingpoints

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Speaker 1: dot com. Good morning, everybody, Happy Tuesday. We have an

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Speaker 1: amazing show for everybody today, but we have Crystal.

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Speaker 2: I think Sager has proven that he was definitely outsagisted

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Speaker 2: to thank you.

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Speaker 1: So still a little bit off, this little shaky I'm

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Speaker 1: doing my best here. I got the cough drops on

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Speaker 1: deck over here. Yes, thank you to Emily for filling

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Speaker 1: in for me. I know there were conspiracy theories. What

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Speaker 1: was it that I owed my bookie money or I

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Speaker 1: took too many bong rips? But no, I was I

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Speaker 1: was down bad and I was downsick no bongs from me.

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Speaker 2: Well, we are glad to have you back, thank you,

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Speaker 2: and we have lots to get into. So we had

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Speaker 2: new details about this potential big media merger takeover situation.

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Speaker 3: Jared Kushner is involved.

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Speaker 2: Now we're getting details about how promises are being made

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Speaker 2: about changing CNN, so we'll take into all of that

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Speaker 2: potential implications. Trump is signing an executive order to ban

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Speaker 2: AI regulation at the state level, so that is great.

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Speaker 2: Young people are fleeing MAGA. We have a new entrant

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Speaker 2: as well into the Texas Senate Democratic primary. It's an

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Speaker 2: interesting one. We've got Jasmine Crocketts launch videos. We'll talk

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Speaker 2: about that shocking new pro Israel provisions hidden within the

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Speaker 2: National Defense Authorization Act, and a lot more details there. Besides,

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Speaker 2: Gavin Newsom has a new answer on apack. You can't

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Speaker 2: say that he doesn't learn as he goes along here,

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Speaker 2: so i'll play you that and the big Peers Morgan

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Speaker 2: versus Nick Fuent has two hour debate yesterday. We pulled

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Speaker 2: some of the moments that really stood out to us,

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Speaker 2: and we will react to all of that.

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Speaker 1: Yes, more importantly, beyond entertainment value, what does it mean?

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Speaker 1: Why should we any of us pay attention. Thank you

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Speaker 1: to everybody who has been supporting us breakingpoints in dot com.

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Speaker 1: If you are able to become a premium subscriber with

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Speaker 1: AMA yesterday with some interesting news, so if you want

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Speaker 1: to be privy of that, you can Breakingpoints dot com.

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Speaker 1: And also we have a very special thank you to

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Speaker 1: our YouTube audience. We can go and put this up

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Speaker 1: here on the screen. We did officially hit one billion

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Speaker 1: views on this channel. I'm very proud of that one brilliant, surreal, surreal.

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Speaker 1: I mean I was telling you guys on the phone.

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Speaker 1: If you combine our time over at Rising, we're probably

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Speaker 1: over like a billion seven in terms of our work together,

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Speaker 1: which is mind boggling. It doesn't make any it doesn't

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Speaker 1: make a lot of sense, but you know, like to

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Speaker 1: be able to comprehend what that means. But that is

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Speaker 1: a testament, I think really to all of you for

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Speaker 1: supporting our work. I mean, it means the world. So

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Speaker 1: if you can hit subscribe on the YouTube channel, let's

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Speaker 1: hit two billion. I guess, yeah, let's hit two billion.

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Speaker 3: Yeah, I mean it's yeah, it's.

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Speaker 2: Quite an honor actually to have that level of sustained

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Speaker 2: engagement through all of the various periods that we've got

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Speaker 2: on through starting over at Rising with the you know,

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Speaker 2: the primary, the twenty twenty primary on the Democratic side,

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Speaker 2: and the election and COVID and Ukraine war here and Gaza,

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Speaker 2: just all of the different political phases. It means a

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Speaker 2: lot to us that you guys have trusted us through.

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Speaker 1: All of that. So thank you absolutely for all your support,

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Speaker 1: even Spotify and you know on the podcast for people

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Speaker 1: who listened over this year. Seriously, thank you. One of

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Speaker 1: the important cool things so we've learned over the years

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Speaker 1: looking at our analytics. So we just got our Spotify wrapped.

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Speaker 1: Our biggest episode over last year was after Butler, right,

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Speaker 1: so people tuning in for the news, which really, I

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Speaker 1: mean really means a lot, right because it means people

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Speaker 1: are interested, they want to know what the hell is

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Speaker 1: going on? And then Election Day was our second most

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Speaker 1: obviously listened to. I mean, it makes sense, but it's

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Speaker 1: also it is a testament I think to all of you.

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Speaker 1: You know, it's not drama or any of that, like

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Speaker 1: any nonsense. It's like cold, hard, like what's actually going on.

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Speaker 1: Helped me make sense to the world.

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Speaker 2: Wait, Butler was last year. This year wasn't it the

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Speaker 2: day after Charlie kirk assassination.

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Speaker 1: Well, no, it was up about twenty twenty four, yeah, yeah,

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Speaker 1: oh twenty twenty five.

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Speaker 2: Yeah, time fla.

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Speaker 1: I think you're keeping this in.

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Speaker 2: I think, yeah, we'll keep it in. I think he

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Speaker 2: told me that the day after the Charlie kurkis.

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Speaker 1: Has You're right, was yeah, cold cold medicine does a

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Speaker 1: little bit of a number anyway, all right, all right,

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Speaker 1: I guess we'll keep it. We'll keep it, all right, Okay,

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Speaker 1: all right, So that means everything I say today, I

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Speaker 1: get a grain of solt for Okay, let's go, let's.

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Speaker 3: Go to parents, better drop some hot takes, all right,

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Speaker 3: all right.

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Speaker 1: I like it, all right, Let's get to Paramount. All right.

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Speaker 1: This is by far some of the biggest political news.

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Speaker 1: And the reason why is this is a perfect intersection,

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Speaker 1: in my opinion, of oligarchy, of markets, of Trump, of corruption,

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Speaker 1: of also though control over almost everything that we see

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Speaker 1: in mass media culture. So for all the talk we

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Speaker 1: just had about YouTube and one billion views over here

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Speaker 1: and a burgeoning independent, non connected media, the truth is

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Speaker 1: is that America is still largely ruled by a couple

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Speaker 1: of major media companies, and those media companies are in

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Speaker 1: a mass scramble now to consolidate and to control even

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Speaker 1: more of what you see. This is now coming to

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Speaker 1: head with this new merger war between Netflix making a

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Speaker 1: bid for Warner Brothers Discovery, which would give them Warner

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Speaker 1: Brothers Studio, would give them CNN control of a vast

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Speaker 1: array of streaming assets, and now Paramount led by David Ellison,

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Speaker 1: the zionist billionaire who is much more. I guess Trump

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Speaker 1: friendly is one way to put it, making a hostile

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Speaker 1: bid for the company. Here is Donald Trump being asked

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Speaker 1: specifically about who he would side with in this merger deal,

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Speaker 1: which coincidentally, in Paramount includes foreign Katari Saudi money as

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Speaker 1: well as Jared Kushner. Here is Donald Trump in his reaction.

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Speaker 1: Let's take a listen for.

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Speaker 4: The Paramount bid for Warner Brothers. I don't know enough

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Speaker 4: about it.

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Speaker 1: You spoke about Netflix last night saying you have concerns

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Speaker 1: about it.

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Speaker 4: I know, I know the companies well, I know what

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Speaker 4: they're doing, but I have to see. I have to

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Speaker 4: see what percentage of market they have to see the

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Speaker 4: Netflix percentage of market, paramount, the percentage of I mean,

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Speaker 4: none of them are particularly great friends of mine. Yeah,

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Speaker 4: I just I want to I want to do what's right.

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Speaker 4: It's so very important to do what's.

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Speaker 1: Supported by Kushner, mister president. Would that impact your.

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Speaker 4: Decision paramount is?

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Speaker 5: I don't know.

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Speaker 4: I've never spoken.

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Speaker 1: To him it, never spoken to him about it, even

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Speaker 1: though he is, of course not only the president's done

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Speaker 1: the law, actively working with the President on gos IT.

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Speaker 2: I love him too, say and like, oh, none of

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Speaker 2: them are really particularly great friends of mine, dude, and

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Speaker 2: not only Ellison Netflix, they also you know, came and

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Speaker 2: met and trying to kiss the ring, like they know

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Speaker 2: how the game is played too.

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Speaker 3: So they're all sucking up to Donald Trump.

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Speaker 1: Togay, and we should, I guess explain Why does Trump

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Speaker 1: even matter in any of this? Just because any merger

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Speaker 1: has to be approved by the United States government at

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Speaker 1: a scale of this size. I mean, it's not just

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Speaker 1: you know, a couple of day It's not like two

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Speaker 1: small local businesses combining. We're talking about a vast array

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Speaker 1: of multimedia assets which no one really ever believed would

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Speaker 1: be consolidated into a single company. It's hugely consequential business wise,

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Speaker 1: but I really think culture wise and that's why we

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Speaker 1: have to pay so much attention to all of this.

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Speaker 1: Let's go to the next part here exactly and explain

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Speaker 1: some of the foreign money that's behind this deal. Can

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Speaker 1: we put the next element on the screen. So Paramount's

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Speaker 1: bid for WBB is actually backed in part by some

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Speaker 1: twenty four billion dollars from Middle Eastern sovereign wealth funds,

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Speaker 1: of billion dollars from China's ten Cent, if you're not familiar,

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Speaker 1: one of the largest media companies in all of China,

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Speaker 1: and then you also have Jared Kushner's private equity firm.

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Speaker 1: Now you may ask, because what are they going to

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Speaker 1: get from this? Go to the next part please, just

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Speaker 1: so I can explain a little bit. They say that

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Speaker 1: the financing sources are eleven point eight billion combined from

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Speaker 1: the Ellison family, an aggregate twenty four billion from sovereign

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Speaker 1: wealth funds of the Golf and a billion from ten Cent,

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Speaker 1: and commitments from Redbird Capital Partners and Affinity Partners. Now,

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Speaker 1: the thing is is that all of these partners have

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Speaker 1: said that they are prepared to execute agreement which would

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Speaker 1: give them equity but not give them board or voting

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Speaker 1: membership seats. Now you may ask then, well, what is

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Speaker 1: in it for them? Now, this is the same strategy

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Speaker 1: of Saudi Arabian foreign capital trying to roll up American culture.

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Speaker 1: So we've talked about the video game industry, EA sports

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Speaker 1: now for example, live golf, like what they're trying to do.

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Speaker 1: I mean it's classic not just sports watching. I would

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Speaker 1: really call it culture watching. At this point, if you

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Speaker 1: control enough of the media, it doesn't really matter whether

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Speaker 1: you have individual board memberships on what is going to

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Speaker 1: be done here and there. It's about having skin in

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Speaker 1: the game to the point where nobody can criticize you.

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Speaker 1: Is also remember the Riodd Comedy Festival. It's all part

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Speaker 1: of the same concerted strategy. You've got Saudi Arabia. Now

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Speaker 1: we're trying to roll up boxing, the UAE taking a

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Speaker 1: significant role in what is it in UFC. They're doing

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Speaker 1: all of this because they have endless amounts of cash

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Speaker 1: and they want to control what Americans' eyes are completely

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Speaker 1: focused on. They can't control YouTube, it's too dispersed right now.

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Speaker 1: YouTube and Google have its own problems. So what that

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Speaker 1: means is you take the rest of American culture and

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Speaker 1: you put it all together. So you have NFL Sports media.

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Speaker 1: You've got the video games and now you have potentially CNN.

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Speaker 1: You have Warner Brothers. I mean, Warner Brothers studio is

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Speaker 1: the probably the number one premier studio in the nation.

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Speaker 1: Like if you look at the Golden Globe nominations, some

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Speaker 1: of the best movies in the world all come from

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Speaker 1: Warner Brothers. HBO remains absolutely undefeated on premium content, although

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Speaker 1: Apple TV's currently giving them a little bit run for

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Speaker 1: their money, but they don't have the same number of

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Speaker 1: hit rates. So that's why it's so important. This is

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Speaker 1: about culture. This is about buying a stake in our culture.

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Speaker 1: And that is the bottom line for why Paramount who

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Speaker 1: is Look, I mean, it's not me. This isn't slanderous

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Speaker 1: inmavatory like they openly have said and it's been reported

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Speaker 1: in the past. They're very committed to promoting you know,

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Speaker 1: anti anti Semitism akay, kind of like Zionist pro Israel interest.

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Speaker 1: That's why they bought CBS News and that's some of

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Speaker 1: the things that's now coming out. Let's put a nine

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Speaker 1: up here on the screen. Huge news last night from

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Speaker 1: the Wall Street Journal. Quote behind Paramount's relentless campaign to

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Speaker 1: rule Warner Brothers and President Trump. Quote. During a December

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Speaker 1: visit to Washington, David Ellison offered assurances to the Trump

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Speaker 1: administration that if you bought Warner Brothers, he would make

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Speaker 1: sweeping changes to CNN, a common target of Trump's ire

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Speaker 1: and people familiar with the matter. Trump has told people

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Speaker 1: close to him he wants a new ownership of CNN

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Speaker 1: as well has changes to CNN programming. So this is

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Speaker 1: about media, this is about culture. This is all coming together,

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Speaker 1: and it's in one of the most naked, corrupt lobbying

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Speaker 1: campaigns I have ever seen here in the history of Washington,

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Speaker 1: between Netflix and Paramount.

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Speaker 2: Every aspect of it is so incredibly dirty, and you know,

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Speaker 2: every piece of this would be a gigantic scandal in

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Speaker 2: any other administration. And obviously it is getting scrutiny both

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Speaker 2: from a business perspective and from a political perspective as well.

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Speaker 2: But you know, in a previous administration, it would have

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Speaker 2: been seen as inappropriate for the President to be directly

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Speaker 2: weighing in and picking and choosing, and for them to

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Speaker 2: be going and you know, paying homage to him and promise, oh,

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Speaker 2: We're going to make CNN give you the coverage that

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Speaker 2: you've always wanted. I mean, but with Trump, you just

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Speaker 2: accept it's part for the course that of course he's

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Speaker 2: going to be nakedly corrupt.

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Speaker 3: Of course he's going to seize as much control.

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Speaker 2: He's going to use this moment to seize as much

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Speaker 2: control of these media properties as he possibly can. Because

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Speaker 2: this is a man who genuinely, I think, in his heart,

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Speaker 2: believes it should be illegal to criticize him. I mean,

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Speaker 2: he has opened he has openly said things similar to that.

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Speaker 3: He thinks that that is wrong.

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Speaker 2: He has had increasing outbursts against reporters, especially female reporters,

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Speaker 2: for asking him questions. Quiet Piggy comes to minding at

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Speaker 2: another outburst yesterday, I called someone obnoxious, et cetera. He

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Speaker 2: thinks that is out of bounce. He thinks he should

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Speaker 2: be treated like a king and praised, and he loves

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Speaker 2: when these you know, sycophants come in and say, ask

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Speaker 2: a question, Oh, mister Trump, you know, tell me how

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Speaker 2: wonderful you are.

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Speaker 3: That's what he wants the media to be. So there's

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Speaker 3: that aspect.

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Speaker 2: Obviously, there's the personal entanglement with Jared Kushner being involved here,

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Speaker 2: not to mention being close with the Allison's in them

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Speaker 2: being overt Trump supporters, not to mention their ideological inclinations

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Speaker 2: towards Israel. Then you add in the foreign money, and

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Speaker 2: this is just absolutely insane. You know, in terms of

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Speaker 2: how Democrats are looking at this, it's a little bit scattered.

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Speaker 2: I mean, in my opinion, both of these deals are terrible,

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Speaker 2: you know, from an anti trust perspective, I think both

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Speaker 2: are extraordinarily bad for Hollywood. You know, the Netflix deal,

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Speaker 2: it like, we should not fool ourselves into thinking that

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Speaker 2: those executives are going to be impartial either they are

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Speaker 2: also according Trump, they are also going to want to

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Speaker 2: stay on his good side. And then you have this

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Speaker 2: streaming giant that is now merged with this, you know,

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Speaker 2: Hollywood Studio and very likely to completely undercut, you know,

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Speaker 2: any new theatrical releases, even though they're they're making noises.

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Speaker 2: Oh no, that wouldn't be the case anyway. It's an

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Speaker 2: anti competitive nightmare with that one, this one, same thing.

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Speaker 2: I mean, these giant media companies already have so much

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Speaker 2: consolidation in this space, so little choice, so little competition

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Speaker 2: in the space in a way that is only for

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Speaker 2: consumers and only bad for art as well. You know,

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Speaker 2: this is really like speaks to the state of the

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Speaker 2: American economy that so few industries are actually about like

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Speaker 2: creating the best product to appeal to people, or to

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Speaker 2: advance the art or whatever it is, whatever space that

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Speaker 2: they're into. It's all about this financial engineering and rigging

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Speaker 2: and trying to get monopoly power so that people have

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Speaker 2: no other choice. Both of these deals fall in that category.

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Speaker 2: But for Democrats, you know, some people like you know,

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Speaker 2: the near attandants of the world are looking through this

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Speaker 2: through a purely partisan lens. Don't have so much of

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Speaker 2: a power lens. They're saying, well, Netflix isn't as closely

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Speaker 2: aligned with Trump, so we like this one better, you know,

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Speaker 2: I mean, I guess you can make that judgment.

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Speaker 3: But in reality, both of.

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Speaker 2: These deals are really really bad for Hollywood, for the

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Speaker 2: movie industry, and that is why you've got you know,

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Speaker 2: the Writers Guild and others who are speaking out against

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Speaker 2: the Netflix deal as well as this poem.

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Speaker 1: I'm glad you seem not We're going to talk about

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Speaker 1: this with the whole Jasmin Crockett thing, like not everything

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Speaker 1: should be about Trump, Like not everything is just about Trump.

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Speaker 1: Trump is a huge part of this story. But in

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Speaker 1: the aggregate, if you had told me Netflix wants to

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Speaker 1: buy WBD, I would be like, hell no, keep it

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Speaker 1: the hell away.

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Speaker 3: Why it's bad?

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Speaker 1: Yeah, Netflix, I remember I was telling you yesterday go

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Speaker 1: on the top ten shows for it's literal garbage, all right,

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Speaker 1: Like it's it's absolute slop. They might as well be

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Speaker 1: using AI to write the latest Yeah right, I know

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Speaker 1: you're a look. Every once in a while they crank

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Speaker 1: out something good, but for everyone's there's like My Secret Santa,

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Speaker 1: which is like some c tier rom com which would

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Speaker 1: never have even gone to theaters back in the mid

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Speaker 1: two thousands. And of course it's always number one. They

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Speaker 1: just pump this crap out there to keep people on

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Speaker 1: the Netflix algorithm continually just watching as much as they can.

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Speaker 1: Every once in a while they get a decent enough,

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Speaker 1: you know, show and or movie, but it's not it's

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Speaker 1: nothing compared to the original work going on at Warner

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Speaker 1: Brothers at HBO. And if they get their grubby fingers

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Speaker 1: into the HBO machine, I mean, it's it's a nightmare

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Speaker 1: for people who enjoy premium and good content. So let's

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Speaker 1: continue then on down the line, Let's go to the

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Speaker 1: next one.

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Speaker 3: We're on our humanity.

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Speaker 1: I totally agree. Well, it's about look America is, you

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Speaker 1: know what makes it great at this point, Like we

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Speaker 1: don't really make very much, you know, we have a

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Speaker 1: decent service based economy, and if you ask any president.

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Speaker 1: I had an interesting conversation once with an ex secretary

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Speaker 1: of State and I was like, in your opinion, what

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Speaker 1: is the most powerful export of the United States? And

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Speaker 1: he said movies, Like no question, And this wasn't me

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Speaker 1: prompting him. I was like, what do you think is

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Speaker 1: the literal most powerful export of the United States? He said,

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Speaker 1: movies and culture. It's television shows, right, It's a beacon

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Speaker 1: literally of culture across the globe. Now you know Netflix

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Speaker 1: and all that has flattened it a little bit, so

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Speaker 1: you have squid Game or Parasite, you know, movies like

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Speaker 1: that that pop up around the world. I'm all for that.

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Speaker 1: I think it's cool to see other countries. But by

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Speaker 1: and large, like we dominate this industry and it's a

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Speaker 1: global powerhouse of creativity, of individuality. It's inspiration, you know,

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Speaker 1: like for all the platitudes, but they're true, and so

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Speaker 1: to see it become overtly not just financial, but like

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Speaker 1: that's the Netflix model is keep people watching no matter

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Speaker 1: how shitty the content is. And that's just not how

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Speaker 1: it used to be. Like, if we want to save

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Speaker 1: the movies, which I do, I would love to save

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Speaker 1: box office, premium theater experience. Netflix is the very last

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Speaker 1: company that you would ever want to trust with that.

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Speaker 1: Now they claim that they're not going to but this

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Speaker 1: direct to streaming stuff like, be honest, it doesn't work

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Speaker 1: like for creating true like cultural masterpieces and tent pole events,

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Speaker 1: which I understand it's getting more difficult their business realities

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Speaker 1: in all of this, but it's not like this is

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Speaker 1: a failing company. At the same time, WBD to to

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Speaker 1: the point that they have issues, a lot of it

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Speaker 1: is because of their debt financing, not because they don't

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Speaker 1: actually make a lot of money. They still have good hits.

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Speaker 1: Let's go to the next element. Please just continue to

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Speaker 1: show everybody Saudi Arabia Guitar and Abu Dhabi saying they

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Speaker 1: want to put billions into Paramount and WBD again why

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Speaker 1: and they come to the same conclusion that I did,

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Speaker 1: is that owning pieces ten pole pieces of American culture,

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Speaker 1: even if you don't get a ton of oil of

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Speaker 1: voting or any of that is just effectively like a

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Speaker 1: way to buy cachet and access in the United States

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Speaker 1: of America. And the thing is is that behind all

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Speaker 1: of this, even if so if they the reason why

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Speaker 1: they're saying that they don't have voting on the board

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Speaker 1: is because if they did, it would actually trick. It

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Speaker 1: would trigger something called a Scifius violation. So Syphius is

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Speaker 1: about the foreign control. So you know, for those of

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Speaker 1: you who've ever attracked the whole like Chinese farmland thing,

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Speaker 1: how these Chinese companies going in and buy farmland or

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Speaker 1: they buy real estate here in the US. Like A

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Speaker 1: big criticism of the Obama administration is that they allowed

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Speaker 1: these through Sifius review. Now this is basically a backdoor

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Speaker 1: way to get around Syphius to make sure that there's

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Speaker 1: no foreign scrutiny on the deal. There is no reason

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Speaker 1: China's ten Cent should own even a sliver of the

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Speaker 1: largest media conglomerate in the United States. There's no reason

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Speaker 1: that Saudi Arabia, Katar, you know, any of these golf

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Speaker 1: nations again should own any of this. They have enough

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Speaker 1: control over our own culture. So this is again just

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Speaker 1: part of the w of the paramount strategy, which and

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Speaker 1: that's why even explaining it sounds crazy. You're like, wait,

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Speaker 1: so a pro Israel billionaire is uniting with the golf

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Speaker 1: Arab States to buy, you know, a movie studio. It's like, yeah, well,

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Speaker 1: because the golf Arab States don't really care that much

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Speaker 1: about Israel or the Palestinians. They make a lot of.

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Speaker 3: Care because they're popular.

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Speaker 1: They're exactly, but their governments don't care.

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Speaker 2: They don't care, yeah, exactly, right right now. They would

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Speaker 2: be happy to normalize and do every business deal under

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Speaker 2: the sun. And you know they don't have any ethical

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Speaker 2: or moral qualms about any of it.

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Speaker 3: No one should fool themselves.

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Speaker 2: Otherwise they feel pressure from their populations to you know,

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Speaker 2: put in for vision, you have to make some noise

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Speaker 2: about a Palestinian state, et cetera for us to sign

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Speaker 2: onto these deals.

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Speaker 3: But you know this, no, it makes perfect sense.

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Speaker 1: Yes, exactly. All right, let's continue on and put some

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Speaker 1: more stuff on the screen. And so let's put a

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Speaker 1: five four example of what that will show you is

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Speaker 1: just the amount of properties here that would be controlled

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Speaker 1: by anybody who gets this. But also finally, in terms

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Speaker 1: of giving the game away, is David Allison, the CEO

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Speaker 1: of Paramount, who is openly talking about his relationship with

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Speaker 1: the president on this Let's take a listen. That's a

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Speaker 1: six guys from CNBC yesterday. Do you sense that he

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Speaker 1: is in your corner here?

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Speaker 6: What I would say is, I'm incredibly grateful for the

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Speaker 6: relations that I have with the President, and I also

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Speaker 6: believe he believes in competition, and when you fundamentally look

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Speaker 6: at the marketplace, allowing the number one streaming service to

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Speaker 6: combine with the number three streaming service is anti competitive.

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Speaker 1: Incredibly grateful for relations with the president. And the thing

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Speaker 1: is is that what David Ellison has been doing over

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Speaker 1: at CBS. Again, let's just look at this purely from

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Speaker 1: business a. CBS doing that much better? Have they done

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Speaker 1: anything remarkable under miss Weiss? Barry Weiss? What did she

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Speaker 1: do that great round table with Secretary I've never heard

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Speaker 1: from Condolliezeer Rice.

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Speaker 3: Hillary Clinton.

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Speaker 1: You know what I've been hurting for is more condoliezer

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Speaker 1: Rice and fucking Hillary Clinton content. Thank you Barry for

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Speaker 1: these groundbreaking discussion Or she's like, I want to promote

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Speaker 1: who was that guy who got into it with the

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Speaker 1: Tonahisi codes? Oh, yeah, I can never say, yeah this guy, yeah,

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Speaker 1: make a big pro Israel guy, right, and they're like, oh,

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Speaker 1: let's make him the new face of CBS News. Yeah.

434
00:20:27,880 --> 00:20:30,359
Speaker 1: Like that's all they care about, okay. And that's the

435
00:20:30,400 --> 00:20:33,280
Speaker 1: funny thing is even that. What Trump does is he

436
00:20:33,280 --> 00:20:35,680
Speaker 1: gives the game away because sixty Minutes recently just did

437
00:20:35,720 --> 00:20:38,399
Speaker 1: a interview with Marjorie Taylor Green. Let's put that one

438
00:20:38,480 --> 00:20:40,680
Speaker 1: up here on the screen. This is a long tirade

439
00:20:40,720 --> 00:20:44,080
Speaker 1: from Trump against Marjorie Taylor Green. And what you see

440
00:20:44,119 --> 00:20:47,280
Speaker 1: in here is he goes on this tirade, but he says,

441
00:20:47,600 --> 00:20:50,360
Speaker 1: my real problem with the show, however, wasn't the low

442
00:20:50,400 --> 00:20:53,200
Speaker 1: IQ trader. It was the new ownership of sixty minutes

443
00:20:53,240 --> 00:20:56,199
Speaker 1: paramount would allow a show like this to air. They

444
00:20:56,200 --> 00:20:58,680
Speaker 1: are no better than the old ownership who just paid

445
00:20:58,680 --> 00:21:01,200
Speaker 1: me millions of dollars since they bought it. Sixteen minutes

446
00:21:01,200 --> 00:21:03,720
Speaker 1: has actually gotten worse. Oh well, far things happen. I

447
00:21:03,840 --> 00:21:06,800
Speaker 1: demand a complete and a total apology. I mean, what

448
00:21:06,880 --> 00:21:09,840
Speaker 1: he's basically showing is that the mandate for all of

449
00:21:09,840 --> 00:21:11,919
Speaker 1: these people is you don't just have to be like

450
00:21:12,400 --> 00:21:14,119
Speaker 1: you know, you don't just have to suck up to him.

451
00:21:14,119 --> 00:21:16,520
Speaker 1: In private, you have to suck up to him. On

452
00:21:16,640 --> 00:21:20,119
Speaker 1: the air, you can't air anything that is remotely critical

453
00:21:20,240 --> 00:21:22,880
Speaker 1: or you're gonna get scrutiny. I mean this, this kind

454
00:21:22,880 --> 00:21:24,720
Speaker 1: of reminds me of the whole Jimmy Kimmel thing. We

455
00:21:24,720 --> 00:21:27,040
Speaker 1: can do this the easy way or the hard like

456
00:21:27,080 --> 00:21:32,000
Speaker 1: it's overt government pressure in terms of content, not in

457
00:21:32,080 --> 00:21:34,760
Speaker 1: terms of you know, what's good for the consumer, what's

458
00:21:34,840 --> 00:21:38,120
Speaker 1: good for America? Like, what's you know, does this thing

459
00:21:38,160 --> 00:21:41,199
Speaker 1: make any sense? You can make it a monopolistic argument

460
00:21:41,240 --> 00:21:44,080
Speaker 1: for Netflix, right, Hey, you know, everybody pays way too

461
00:21:44,119 --> 00:21:46,040
Speaker 1: much money for streaming is better for one company of stones.

462
00:21:46,119 --> 00:21:47,760
Speaker 1: I don't agree with that necessarily. I do think we

463
00:21:47,800 --> 00:21:49,640
Speaker 1: pay too much for streaming, but I don't think it's

464
00:21:49,640 --> 00:21:51,520
Speaker 1: a good thing, you know, broadly for culture. But you

465
00:21:51,560 --> 00:21:53,720
Speaker 1: can make that argument, that's a legitimate economic argument. But

466
00:21:53,720 --> 00:21:54,560
Speaker 1: they're not even making.

467
00:21:54,359 --> 00:21:57,040
Speaker 2: That argument, right yeah, yeah, no, And okay, So I

468
00:21:57,119 --> 00:22:00,600
Speaker 2: think this is this is why the corporate ownership of

469
00:22:00,640 --> 00:22:04,160
Speaker 2: the press and the consolidation is such a problem. Because

470
00:22:04,280 --> 00:22:06,640
Speaker 2: Trump just comes out and says it, and it's very

471
00:22:06,680 --> 00:22:09,520
Speaker 2: direct about it. Right, And if you're David Ellison and

472
00:22:09,600 --> 00:22:11,480
Speaker 2: you want your deal to win out.

473
00:22:11,880 --> 00:22:12,679
Speaker 1: What are you going to do?

474
00:22:13,200 --> 00:22:14,560
Speaker 3: What are you going to tell Barry.

475
00:22:14,280 --> 00:22:17,480
Speaker 2: Weiss in terms of her content choices over at CBS,

476
00:22:17,880 --> 00:22:20,639
Speaker 2: No more Trump criticism like, no, you can't have Marjorie

477
00:22:20,680 --> 00:22:23,000
Speaker 2: Taylor Green on, No, you can't have Thomas Massey on, no,

478
00:22:23,080 --> 00:22:25,720
Speaker 2: you can't have you know, whoever he's pissed Letitia James.

479
00:22:25,880 --> 00:22:27,200
Speaker 3: Whoever he's pissed off at.

480
00:22:27,560 --> 00:22:30,440
Speaker 2: No, no more Trump criticism at least until we get

481
00:22:30,440 --> 00:22:34,040
Speaker 2: this deal done. And so you know, with him, it's

482
00:22:34,080 --> 00:22:37,480
Speaker 2: extremely overt. We of course, have been warning about the

483
00:22:37,480 --> 00:22:40,879
Speaker 2: way that corporate pressure can influence things for a long time.

484
00:22:41,000 --> 00:22:43,280
Speaker 2: You guys would call the whole flap of Bernie Sanders

485
00:22:43,320 --> 00:22:46,159
Speaker 2: the Washington Post talking about Bezos' ownership and how that

486
00:22:46,240 --> 00:22:47,879
Speaker 2: was a problem and this was a big scandal. How

487
00:22:47,960 --> 00:22:50,360
Speaker 2: dare you even suggest that their independence would be compromised?

488
00:22:50,359 --> 00:22:54,040
Speaker 2: Blah blah blah. That was, you know, an appearance of compromise.

489
00:22:54,240 --> 00:22:57,840
Speaker 2: And that comes with like an understanding from the higher

490
00:22:57,880 --> 00:23:00,960
Speaker 2: ups at the Washington Post about what Bezos would want

491
00:23:00,960 --> 00:23:03,240
Speaker 2: from them in what areas he wouldn't want them to touch.

492
00:23:03,640 --> 00:23:06,959
Speaker 2: With Trump, it is just completely direct, It is completely

493
00:23:07,000 --> 00:23:10,240
Speaker 2: brazen and is completely overt. You know, remember how Look

494
00:23:10,320 --> 00:23:11,919
Speaker 2: we covered this at the time too, Like with the

495
00:23:11,960 --> 00:23:15,840
Speaker 2: Twitter files, it was a genuine scandal that the federal

496
00:23:15,880 --> 00:23:19,480
Speaker 2: government was not even telling Twitter, oh, you need to

497
00:23:19,520 --> 00:23:22,360
Speaker 2: censor this, or Facebook you need to censor this, just saying, hey,

498
00:23:22,400 --> 00:23:24,840
Speaker 2: we found this content and we think that this is

499
00:23:24,880 --> 00:23:25,560
Speaker 2: wrong and we.

500
00:23:25,480 --> 00:23:26,359
Speaker 3: Have a problem with it.

501
00:23:26,840 --> 00:23:30,400
Speaker 2: The very understanding that the federal government had taken an

502
00:23:30,440 --> 00:23:33,560
Speaker 2: interest in that is enough to exert pressure on these

503
00:23:33,560 --> 00:23:36,560
Speaker 2: social media companies who want their you know, favorable treatment

504
00:23:36,560 --> 00:23:38,600
Speaker 2: from the government, don't want to run into any problems, etc.

505
00:23:39,000 --> 00:23:42,960
Speaker 2: Even without the threat being made overt, they all know

506
00:23:43,040 --> 00:23:46,640
Speaker 2: what the game is here. You have Trump just completely

507
00:23:47,040 --> 00:23:49,720
Speaker 2: making it plain, whether it's with Jimmy Kimmel, whether it's

508
00:23:49,760 --> 00:23:53,680
Speaker 2: this tantrum about Marjorie Taylor Green interview on sixty Minutes

509
00:23:53,720 --> 00:23:55,520
Speaker 2: and complaining about all the new ownership is just a

510
00:23:55,560 --> 00:23:58,760
Speaker 2: bad as the older ownership, whether it's demanding from the

511
00:23:58,800 --> 00:24:01,560
Speaker 2: Ellisons that if they win out and their deal goes

512
00:24:01,760 --> 00:24:04,159
Speaker 2: his deal goes through, that then you are going to

513
00:24:04,240 --> 00:24:06,640
Speaker 2: change CNN. You're going to change, you know, the leadership

514
00:24:06,640 --> 00:24:10,280
Speaker 2: at CNN. You're going to basically bury wisify CNN as well,

515
00:24:10,680 --> 00:24:13,520
Speaker 2: this is a genuine scandal, and it is a genuine

516
00:24:13,520 --> 00:24:17,840
Speaker 2: shift in terms of, you know, the the the manner

517
00:24:17,920 --> 00:24:21,479
Speaker 2: in which the federal government and the President himself feels

518
00:24:21,520 --> 00:24:24,119
Speaker 2: the ability to directly coerce media.

519
00:24:24,119 --> 00:24:25,240
Speaker 3: And of course we know about.

520
00:24:25,000 --> 00:24:28,199
Speaker 2: All the lawsuits and all of that, and none of

521
00:24:28,240 --> 00:24:30,920
Speaker 2: these media executives have any sort of character. They care

522
00:24:30,960 --> 00:24:33,800
Speaker 2: about their money, their profit margins, you know, what their

523
00:24:33,800 --> 00:24:36,959
Speaker 2: shareholders want from them, that's what they care about. And

524
00:24:37,000 --> 00:24:39,239
Speaker 2: so they're all going to play the game. And that

525
00:24:39,400 --> 00:24:42,280
Speaker 2: at its core is the problem with corporate ownership and

526
00:24:42,320 --> 00:24:46,560
Speaker 2: on with Trump. It is just completely on steroids, you know,

527
00:24:46,600 --> 00:24:48,239
Speaker 2: in terms of I just want to give a shout out,

528
00:24:48,280 --> 00:24:51,760
Speaker 2: of course to Matt Stoler, who covers the anti trust

529
00:24:51,840 --> 00:24:55,160
Speaker 2: aspect of this extraordinarily effectively. He doesn't have a piece

530
00:24:55,240 --> 00:24:58,679
Speaker 2: up yet about the paramount hostile takeover bid. However, he

531
00:24:58,720 --> 00:25:02,399
Speaker 2: does have a piece about the problems with the Netflix bid,

532
00:25:02,440 --> 00:25:03,960
Speaker 2: and we can put this up on the screen.

533
00:25:04,000 --> 00:25:05,359
Speaker 3: This is a eight from Stolar.

534
00:25:05,400 --> 00:25:08,680
Speaker 2: He says Netflix is trying to buy Warner Brothers Discovery

535
00:25:08,720 --> 00:25:11,560
Speaker 2: that would be a disaster for America. Part of what

536
00:25:11,600 --> 00:25:13,720
Speaker 2: he says here is Netflix is the number one streamer

537
00:25:14,000 --> 00:25:16,400
Speaker 2: and would be buying the number three streamer. Would also

538
00:25:16,480 --> 00:25:18,960
Speaker 2: be buying a large and important content library, which would

539
00:25:18,960 --> 00:25:23,199
Speaker 2: presumably then be unavailable for potential rival streaming services. A

540
00:25:23,240 --> 00:25:26,119
Speaker 2: Netflix Warner merger is a recipe for monopolization. Would be

541
00:25:26,119 --> 00:25:29,160
Speaker 2: a pretty straightforward challenge for an anti trust lawyer under

542
00:25:29,160 --> 00:25:31,600
Speaker 2: the Clayton Act. Judges are always a crapshoot, but the

543
00:25:31,600 --> 00:25:34,640
Speaker 2: story here is clear, and recent analogies work against this deal.

544
00:25:34,720 --> 00:25:38,320
Speaker 2: Most industries are no longer about making a good product. Really,

545
00:25:38,800 --> 00:25:41,680
Speaker 2: what they're about is trying to figure out how they

546
00:25:41,720 --> 00:25:44,240
Speaker 2: can have a monopoly so that they can basically rig

547
00:25:44,280 --> 00:25:47,240
Speaker 2: the rules and cheat. He thinks that it's very possible

548
00:25:47,280 --> 00:25:50,159
Speaker 2: that the Netflix deal would ultimately be blocked in the

549
00:25:50,200 --> 00:25:53,960
Speaker 2: court system. I think all of that is very political ultimately,

550
00:25:54,840 --> 00:25:59,119
Speaker 2: but the anti trust issues for whether it's Netflix or

551
00:25:59,160 --> 00:26:03,399
Speaker 2: whether it is Paramount are incredibly clear, especially in a

552
00:26:03,480 --> 00:26:05,919
Speaker 2: landscape where we're already have so much corporate consolidation.

553
00:26:06,160 --> 00:26:08,800
Speaker 1: Yeah, and that's why I don't want to miss the

554
00:26:08,840 --> 00:26:11,400
Speaker 1: culture element. And I've been hammering at home, and we're

555
00:26:11,400 --> 00:26:14,320
Speaker 1: talking about sports, we're talking about movies, we're talking about

556
00:26:14,560 --> 00:26:18,760
Speaker 1: everything together Again, look at the trajectory of Netflix, where

557
00:26:18,840 --> 00:26:22,680
Speaker 1: you have had a reduction in good content and increase

558
00:26:22,720 --> 00:26:26,760
Speaker 1: in price add tiers. Are you is your Netflix experience

559
00:26:26,800 --> 00:26:29,080
Speaker 1: better today than it was ten years ago whenever it

560
00:26:29,119 --> 00:26:32,000
Speaker 1: was cheaper? Right? No, it's just not like And that's

561
00:26:32,040 --> 00:26:35,000
Speaker 1: one where you know, there's this new term called end shittification,

562
00:26:35,440 --> 00:26:37,880
Speaker 1: which I really like, and it applies to everything. It's

563
00:26:37,920 --> 00:26:40,879
Speaker 1: applying to streaming as well, where we pay more and

564
00:26:40,920 --> 00:26:44,000
Speaker 1: we get less. And it's like, it's it's one of

565
00:26:44,000 --> 00:26:48,200
Speaker 1: those where why you know why? And then I guess again, Look,

566
00:26:48,240 --> 00:26:51,000
Speaker 1: maybe I'm being too romantic, but there are only a

567
00:26:51,080 --> 00:26:54,760
Speaker 1: few places left in the world where you can actually

568
00:26:54,800 --> 00:26:58,760
Speaker 1: create good stuff over and over, and HBO and Warner

569
00:26:58,800 --> 00:27:02,160
Speaker 1: Brothers is one of them. It's like, please, please don't

570
00:27:02,200 --> 00:27:06,159
Speaker 1: bring your you know, the people who run that show

571
00:27:07,160 --> 00:27:09,800
Speaker 1: Is It Cake? I can't have them with their grubby

572
00:27:09,840 --> 00:27:15,160
Speaker 1: pause over HBO. I can't do it, right, I can't

573
00:27:15,200 --> 00:27:17,879
Speaker 1: have I can't have the Is It Cake? You know,

574
00:27:18,040 --> 00:27:21,399
Speaker 1: rural America, But that's apparently that's wherever then go.

575
00:27:21,560 --> 00:27:23,520
Speaker 2: I think, honestly, Is It Cake is like a best

576
00:27:23,520 --> 00:27:26,480
Speaker 2: case scenario because at least there's actual human beings involved.

577
00:27:26,520 --> 00:27:29,440
Speaker 2: What we're actually looking at is like the AI slop takeover,

578
00:27:29,920 --> 00:27:33,280
Speaker 2: where it's so cheap to churn it out it's better.

579
00:27:33,560 --> 00:27:37,120
Speaker 2: There's already on YouTube. There's these channels that'll just put

580
00:27:37,240 --> 00:27:41,000
Speaker 2: up like thousands of AI generated music, Like that's where

581
00:27:41,000 --> 00:27:43,400
Speaker 2: the Charlie Kirk music came from.

582
00:27:43,440 --> 00:27:45,000
Speaker 3: I'm sure you've seen those footing around.

583
00:27:45,480 --> 00:27:49,320
Speaker 2: Yeah, I can't sing yeah anyway, we are Charlie anyway.

584
00:27:50,200 --> 00:27:52,439
Speaker 2: There's already channels that do this that is just like

585
00:27:52,480 --> 00:27:54,879
Speaker 2: so cheap and easy to churn out this content that

586
00:27:54,920 --> 00:27:57,119
Speaker 2: they do it, and most of it doesn't hit and

587
00:27:57,160 --> 00:27:59,000
Speaker 2: then you know, every once in a while you get

588
00:27:59,000 --> 00:28:01,119
Speaker 2: a we Are Charlie Kirk that goes megaviral and that

589
00:28:01,160 --> 00:28:03,600
Speaker 2: pays for all of it. Like that is the logic

590
00:28:04,000 --> 00:28:06,200
Speaker 2: that they're going to use as well, because they don't

591
00:28:06,240 --> 00:28:08,080
Speaker 2: give a shit about art. They don't give a shit

592
00:28:08,160 --> 00:28:12,000
Speaker 2: about creativity, they don't give a shit about like culture

593
00:28:12,160 --> 00:28:14,840
Speaker 2: or American culture or any of that. It's just about

594
00:28:14,840 --> 00:28:17,000
Speaker 2: the bottom line. And if they can rig the market

595
00:28:17,040 --> 00:28:19,720
Speaker 2: and corner the market so that we have to accept

596
00:28:19,960 --> 00:28:23,080
Speaker 2: whatever price increases and whatever slot they give us, that's

597
00:28:23,119 --> 00:28:24,480
Speaker 2: exactly the direction that they're going.

598
00:28:24,480 --> 00:28:29,560
Speaker 1: To go in. Turning down to AI. Huge development here

599
00:28:29,560 --> 00:28:31,520
Speaker 1: in Washington. Let's go and put this up here on

600
00:28:31,640 --> 00:28:34,280
Speaker 1: the screen. President Trump says he will now issue an

601
00:28:34,359 --> 00:28:38,280
Speaker 1: executive order to preempt any state in the United States

602
00:28:38,320 --> 00:28:41,680
Speaker 1: from passing individual AI regulation. There must be only one

603
00:28:41,760 --> 00:28:43,520
Speaker 1: rule book if we are going to continue to lead

604
00:28:43,520 --> 00:28:46,320
Speaker 1: in AI. We are beating all countries at this point

605
00:28:46,320 --> 00:28:48,320
Speaker 1: in the race, but that won't last long. If we're

606
00:28:48,320 --> 00:28:50,440
Speaker 1: able to have fifty states, many of them bad actors,

607
00:28:50,440 --> 00:28:53,120
Speaker 1: involved in rules in the approval process, there can be

608
00:28:53,160 --> 00:28:56,440
Speaker 1: no doubt about this AI will be destroyed in its infancy.

609
00:28:56,720 --> 00:28:59,400
Speaker 1: I will be doing a one rule executive order this week.

610
00:28:59,440 --> 00:29:02,040
Speaker 1: You can't exp a company to get fifty approvals every

611
00:29:02,040 --> 00:29:05,240
Speaker 1: time they want to do something that will never work.

612
00:29:05,400 --> 00:29:08,960
Speaker 1: And this is part of a huge campaign in Washington

613
00:29:09,000 --> 00:29:10,720
Speaker 1: over the last couple of days. Let me just zoom

614
00:29:10,720 --> 00:29:12,400
Speaker 1: out and explain a little bit. So, first of all,

615
00:29:12,960 --> 00:29:15,600
Speaker 1: he had multiple attempts in the Congress to try and

616
00:29:15,640 --> 00:29:20,040
Speaker 1: to put this AI preemption in the bill, multiple in

617
00:29:20,120 --> 00:29:22,320
Speaker 1: the NDAA, which we're going to get to here in

618
00:29:22,360 --> 00:29:25,600
Speaker 1: a little bit, that actually failed at every level. Individual

619
00:29:25,600 --> 00:29:28,640
Speaker 1: Congressmen and even Republicans who initially had tried to put

620
00:29:28,640 --> 00:29:30,200
Speaker 1: that in. We're like, oh, we're getting a lot of

621
00:29:30,240 --> 00:29:32,800
Speaker 1: constituent pushback on this, and there are actually a lot of

622
00:29:32,840 --> 00:29:35,880
Speaker 1: red state governors called their delegation. They're like, hey, I

623
00:29:35,880 --> 00:29:37,800
Speaker 1: don't want this, you know, in the bill. So they

624
00:29:37,840 --> 00:29:40,080
Speaker 1: push that away. The fact that they weren't able to

625
00:29:40,080 --> 00:29:43,160
Speaker 1: get it in the NDAA an executive order is actually

626
00:29:43,200 --> 00:29:45,280
Speaker 1: the worst thing for them because it means, of course,

627
00:29:45,320 --> 00:29:47,400
Speaker 1: can be rolled back and that can be a challenge

628
00:29:47,560 --> 00:29:49,480
Speaker 1: in the court system. So this is kind of a

629
00:29:49,600 --> 00:29:52,720
Speaker 1: last ditch effort by the AI companies going to the

630
00:29:52,720 --> 00:29:56,200
Speaker 1: White House and making their case. You've had multiple visits.

631
00:29:56,760 --> 00:30:00,480
Speaker 1: Christmas party season is always fun for watchers here in DC.

632
00:30:00,880 --> 00:30:02,840
Speaker 1: The number of the big tech guys who've been at

633
00:30:02,840 --> 00:30:05,240
Speaker 1: the White House over the last few days is crazy.

634
00:30:05,360 --> 00:30:08,440
Speaker 1: Sarahgay was here just a couple of days ago. You

635
00:30:08,480 --> 00:30:11,959
Speaker 1: had Greg Brockbin and open AI, you had Jensen, you

636
00:30:12,000 --> 00:30:16,240
Speaker 1: had Sundar Peacha, you had every player in the insam Altman.

637
00:30:16,320 --> 00:30:18,520
Speaker 1: Every major player has been at the White House in

638
00:30:18,560 --> 00:30:22,000
Speaker 1: the last ten days. This is their number one priority.

639
00:30:22,040 --> 00:30:25,200
Speaker 1: And David Sachs, who's the White House AI ZAR, has

640
00:30:25,280 --> 00:30:27,400
Speaker 1: kind of been the spearhead of this let's going to

641
00:30:27,440 --> 00:30:30,120
Speaker 1: put this up here on the screen. This is his explanation,

642
00:30:30,200 --> 00:30:32,760
Speaker 1: and he's, I guess, the father of the policy. He says,

643
00:30:32,760 --> 00:30:34,760
Speaker 1: one rule book for AI. I want to share a

644
00:30:34,800 --> 00:30:37,400
Speaker 1: few thoughts on EI presumption and address some of the concerns.

645
00:30:38,160 --> 00:30:40,320
Speaker 1: First of all, this is not AI am C or

646
00:30:40,360 --> 00:30:42,160
Speaker 1: AI moore. To him, it's an attempt to settle a

647
00:30:42,240 --> 00:30:45,240
Speaker 1: question of jurisdiction. When AI model is developed in state A,

648
00:30:45,400 --> 00:30:48,120
Speaker 1: trained in state B, in state C, delivered through the Internet,

649
00:30:48,280 --> 00:30:51,760
Speaker 1: that's clearly interstate commerce, exactly the type of economic activity

650
00:30:51,920 --> 00:30:54,360
Speaker 1: the framers intended to reserve the federal government to regulate.

651
00:30:54,680 --> 00:30:57,280
Speaker 1: In the absence of preemption, fifty different states will start

652
00:30:57,320 --> 00:31:00,880
Speaker 1: their jurisdiction, creating a patchwork of fifty different regular latory regimes.

653
00:31:01,080 --> 00:31:04,640
Speaker 1: He says, For example, states like Colorado, California, and Illinois

654
00:31:04,680 --> 00:31:07,840
Speaker 1: have made AI developers liable if their models contribute to

655
00:31:07,960 --> 00:31:11,840
Speaker 1: algorithmic discrimination, which is defined as disparate impact. Colorado's list

656
00:31:11,880 --> 00:31:15,840
Speaker 1: of protected groups includes English language proficiency, so presumably it's

657
00:31:15,840 --> 00:31:18,680
Speaker 1: against the law for AI models to criticize illegal aliens.

658
00:31:18,920 --> 00:31:21,160
Speaker 1: This is the type of ideological meddling of how we

659
00:31:21,280 --> 00:31:23,520
Speaker 1: ended up with quote Black Georgia, Washington. So he's made

660
00:31:23,560 --> 00:31:27,000
Speaker 1: a cultural argument here, says only a federal framework can

661
00:31:27,160 --> 00:31:30,360
Speaker 1: achieve this goal. The attempts of red states to protect

662
00:31:30,360 --> 00:31:34,040
Speaker 1: conservatives from bias and discrimination will have limited effectiveness when

663
00:31:34,080 --> 00:31:36,880
Speaker 1: blue states like California have the most market power and

664
00:31:36,880 --> 00:31:40,200
Speaker 1: in nexus to AI development, we can't afford any of this.

665
00:31:40,640 --> 00:31:44,160
Speaker 1: So he says, we will have preemption, but there will

666
00:31:44,200 --> 00:31:48,760
Speaker 1: still be an application for child safety, for community, for creators,

667
00:31:48,840 --> 00:31:51,920
Speaker 1: and for censorship. Now the thing is, though, again, and

668
00:31:51,960 --> 00:31:55,959
Speaker 1: this is actually kind of the problem, is that they're

669
00:31:56,000 --> 00:31:58,680
Speaker 1: trying to do this through EO is the worst possible

670
00:31:58,680 --> 00:32:02,280
Speaker 1: way because everything he's said is not technically wrong to me,

671
00:32:02,680 --> 00:32:05,400
Speaker 1: Like I don't think he's wrong about the interstate commerce.

672
00:32:05,760 --> 00:32:08,840
Speaker 1: I think that what he's talking about communities, creator censorship,

673
00:32:09,280 --> 00:32:11,560
Speaker 1: an executive order is the worst way to accomplish that.

674
00:32:11,640 --> 00:32:14,720
Speaker 1: It's not actually the law, and it doesn't mean that

675
00:32:14,800 --> 00:32:18,200
Speaker 1: we had a full on debate, a democratic debate in

676
00:32:18,240 --> 00:32:21,560
Speaker 1: the United States Congress and more to settle some rules

677
00:32:21,640 --> 00:32:25,360
Speaker 1: around this, because they're not technically incorrect, Like we should

678
00:32:25,400 --> 00:32:27,640
Speaker 1: have federal standards in the same way that we do

679
00:32:27,760 --> 00:32:29,600
Speaker 1: the Internet or any of these things like the Child

680
00:32:29,640 --> 00:32:32,640
Speaker 1: Safety Act. Right, what we should have is a very

681
00:32:32,680 --> 00:32:37,880
Speaker 1: specific major debate in this country about these models, their effects,

682
00:32:38,200 --> 00:32:42,320
Speaker 1: their liability, what you know, guardrails that we're going to

683
00:32:42,320 --> 00:32:44,240
Speaker 1: have in place. What can we all agree on? The

684
00:32:44,280 --> 00:32:46,600
Speaker 1: suicide one is it keeps me up at night because

685
00:32:46,960 --> 00:32:50,760
Speaker 1: how many people are using this as a mental health proxy.

686
00:32:50,760 --> 00:32:53,600
Speaker 1: We have a loneliness crisis. You have eight hundred million

687
00:32:53,640 --> 00:32:56,760
Speaker 1: people or whatever using CHGPT. If just one percent of

688
00:32:56,800 --> 00:32:59,800
Speaker 1: them are crazy, that's millions of people and they're using

689
00:32:59,800 --> 00:33:02,360
Speaker 1: this to assist them. You know, I'm not saying it's

690
00:33:02,400 --> 00:33:04,800
Speaker 1: chat ept's fault, although you know, it gets kind of

691
00:33:04,800 --> 00:33:08,400
Speaker 1: sketchy whenever you live in countries where there's assisted suicide

692
00:33:08,760 --> 00:33:11,320
Speaker 1: is legal, but they have no qualms. It's in the

693
00:33:11,360 --> 00:33:14,800
Speaker 1: hands of Samulman. And that's why ultimately I actually would

694
00:33:14,800 --> 00:33:17,960
Speaker 1: fall back on state regulation because right now it's wild

695
00:33:17,960 --> 00:33:22,520
Speaker 1: West and like that's actually again in the era of

696
00:33:22,680 --> 00:33:25,880
Speaker 1: exponential growth, and that's everything they tell us is exponential.

697
00:33:25,960 --> 00:33:28,320
Speaker 1: It's getting better, it's getting better, and in this time,

698
00:33:28,480 --> 00:33:31,600
Speaker 1: we do not have time to dilly dally like the

699
00:33:31,680 --> 00:33:35,880
Speaker 1: next time that a Congress could potentially solve this issue

700
00:33:35,960 --> 00:33:39,120
Speaker 1: or at least some issue is what twenty twenty nine like,

701
00:33:39,400 --> 00:33:42,080
Speaker 1: that's an eternity in aims. Yeah.

702
00:33:42,320 --> 00:33:46,160
Speaker 2: Well, and in fact, we did have a democratic debate,

703
00:33:46,800 --> 00:33:51,480
Speaker 2: and that's why legislators realized, oh right now.

704
00:33:51,640 --> 00:33:53,160
Speaker 3: Passes do not want this.

705
00:33:53,800 --> 00:33:56,600
Speaker 2: They don't want the federal government to preempt all of

706
00:33:56,640 --> 00:33:59,880
Speaker 2: the states. They actually want the states to be able

707
00:33:59,920 --> 00:34:02,400
Speaker 2: to to have some control here. And I mean this

708
00:34:02,600 --> 00:34:05,960
Speaker 2: is the good part of the laboratory of democracy of

709
00:34:06,040 --> 00:34:08,480
Speaker 2: fifty different states. They can take different approaches, they can

710
00:34:08,520 --> 00:34:09,360
Speaker 2: try to figure.

711
00:34:09,120 --> 00:34:09,719
Speaker 3: This thing out.

712
00:34:10,239 --> 00:34:13,920
Speaker 2: Who among us has confidence that this government, which is

713
00:34:13,960 --> 00:34:17,960
Speaker 2: one hundred percent bought and compromised and shot through with

714
00:34:18,040 --> 00:34:21,000
Speaker 2: these tech oligarchs, is going to do a good job

715
00:34:21,239 --> 00:34:27,120
Speaker 2: regulating this extraordinarily existentially dangerous technology. Zero people should have

716
00:34:27,120 --> 00:34:29,640
Speaker 2: confidence in that. The only people who like this direction

717
00:34:29,800 --> 00:34:32,200
Speaker 2: are people, frankly like David Sachs, who have a vested

718
00:34:32,239 --> 00:34:35,040
Speaker 2: financial interest in pushing in this direction and having no

719
00:34:35,160 --> 00:34:39,680
Speaker 2: regulation whatsoever. That has been the thrust of this administration

720
00:34:40,080 --> 00:34:44,000
Speaker 2: from the jump. From the jump, any sort of regulation

721
00:34:44,040 --> 00:34:46,080
Speaker 2: that was in place from the Biden administration, which was

722
00:34:46,160 --> 00:34:49,880
Speaker 2: limited but did exist, that gets rolled back. These guys

723
00:34:50,320 --> 00:34:54,839
Speaker 2: have gotten everything they wanted. That is why I say

724
00:34:54,880 --> 00:34:57,000
Speaker 2: the main project, not to say there isn't a lot

725
00:34:57,000 --> 00:34:59,440
Speaker 2: else going on that has consequences and is bad and

726
00:34:59,520 --> 00:35:03,760
Speaker 2: all the right, but the main project of this administration

727
00:35:04,440 --> 00:35:09,240
Speaker 2: is pushing unregulated off to the races wild West AI

728
00:35:09,560 --> 00:35:12,560
Speaker 2: and hoping and praying that it isn't a complete fucking disaster.

729
00:35:12,880 --> 00:35:16,759
Speaker 2: And guess what, the public is not on board. That's

730
00:35:16,760 --> 00:35:19,120
Speaker 2: why you couldn't get this through the Congress. That's why

731
00:35:19,160 --> 00:35:21,480
Speaker 2: you have to do it through an executive order. That's

732
00:35:21,480 --> 00:35:24,680
Speaker 2: why there's backlash, not just from Democrats who hate you anyway,

733
00:35:24,880 --> 00:35:28,120
Speaker 2: but from Republicans who are saying, wait a second, we're

734
00:35:28,120 --> 00:35:31,040
Speaker 2: not comfortable with this either. We're not comfortable with it

735
00:35:31,040 --> 00:35:33,040
Speaker 2: in the short term, we're not comfortable with it in

736
00:35:33,080 --> 00:35:33,760
Speaker 2: the long term.

737
00:35:33,880 --> 00:35:33,960
Speaker 1: No.

738
00:35:34,080 --> 00:35:38,160
Speaker 2: Sam Oltman, no, David Sachs, no, Mark Indreesen, no, Peter Tiel.

739
00:35:38,360 --> 00:35:38,400
Speaker 1: No.

740
00:35:38,719 --> 00:35:42,080
Speaker 2: We don't trust you to do this in an ethical

741
00:35:42,120 --> 00:35:45,480
Speaker 2: and responsible way that is ultimately going to provide more

742
00:35:45,520 --> 00:35:49,400
Speaker 2: benefit than harm for the American people. So that is

743
00:35:49,480 --> 00:35:53,120
Speaker 2: why they have ended up doing this executive order. Because

744
00:35:53,200 --> 00:35:56,000
Speaker 2: even people in the Congress, and many of if not

745
00:35:56,160 --> 00:35:59,680
Speaker 2: most of them, are getting money from Silicon Valley and

746
00:35:59,680 --> 00:36:02,560
Speaker 2: are basically bought off by these guys. But even with

747
00:36:02,680 --> 00:36:06,080
Speaker 2: that landscape, they said, no, we cannot put this in

748
00:36:06,120 --> 00:36:10,080
Speaker 2: the backlash and the consequences are too severe. That was

749
00:36:10,160 --> 00:36:12,360
Speaker 2: actually democracy, and that's why it's so much of a

750
00:36:12,440 --> 00:36:15,480
Speaker 2: problem the way that this president has tried to consolidate

751
00:36:15,760 --> 00:36:17,960
Speaker 2: so much executive power. And of course he's not the first,

752
00:36:18,000 --> 00:36:20,480
Speaker 2: but with everything, he takes it to the next level.

753
00:36:20,920 --> 00:36:24,000
Speaker 2: And why it's such a problem that in many instances

754
00:36:24,200 --> 00:36:28,080
Speaker 2: the court has allowed him to do that, whether through

755
00:36:28,320 --> 00:36:31,960
Speaker 2: directly ruling on his executive power grabs or at the

756
00:36:32,000 --> 00:36:34,440
Speaker 2: Supreme Court through the shadow docket where they said, well,

757
00:36:34,480 --> 00:36:36,160
Speaker 2: we're not going to rule now, but you can go

758
00:36:36,200 --> 00:36:38,319
Speaker 2: ahead and keep doing what you're doing, and you know,

759
00:36:38,480 --> 00:36:41,120
Speaker 2: in this instance, blocking the regulation at the state level,

760
00:36:41,239 --> 00:36:43,560
Speaker 2: and go about your merry way while we take our

761
00:36:43,560 --> 00:36:45,760
Speaker 2: good old time figuring out how we're going to ultimately

762
00:36:45,760 --> 00:36:46,319
Speaker 2: handle this thing.

763
00:36:46,360 --> 00:36:48,759
Speaker 1: Yeah, and this is also like a real ideological war.

764
00:36:48,800 --> 00:36:50,799
Speaker 1: So like for David, I mean in terms of his

765
00:36:51,160 --> 00:36:53,280
Speaker 1: like I like David is you know, I've been friends

766
00:36:53,280 --> 00:36:55,759
Speaker 1: with him, pretty open about this. Him and I have

767
00:36:55,800 --> 00:36:58,919
Speaker 1: a very different view of ai question in terms of

768
00:36:59,000 --> 00:37:01,880
Speaker 1: like his own financial I actually think he's a libertarian

769
00:37:01,920 --> 00:37:03,960
Speaker 1: and it kind of always has been, and that's really

770
00:37:04,239 --> 00:37:06,680
Speaker 1: the fundamental ethos of a lot of the people who

771
00:37:06,680 --> 00:37:09,160
Speaker 1: are in the White House, like for example, David I mean,

772
00:37:09,160 --> 00:37:11,759
Speaker 1: he's always been kind of a foreign policy dove, but

773
00:37:11,880 --> 00:37:15,880
Speaker 1: he is majorly behind working with Jensen Wong in Nvidia

774
00:37:16,239 --> 00:37:18,759
Speaker 1: right now to loosen a lot of these current restrictions. So,

775
00:37:18,800 --> 00:37:22,400
Speaker 1: for example, can we put CB seven up here on

776
00:37:22,440 --> 00:37:24,719
Speaker 1: the screen? This is by far one of the most

777
00:37:24,760 --> 00:37:27,480
Speaker 1: consequential things on the AI front. And if you put

778
00:37:27,480 --> 00:37:30,400
Speaker 1: this together with the AI moratorium or that the EO,

779
00:37:30,440 --> 00:37:33,840
Speaker 1: that it totally makes sense. Trump says, I have performed

780
00:37:34,040 --> 00:37:36,319
Speaker 1: in Foreign President Chief of China, and the US will

781
00:37:36,360 --> 00:37:38,920
Speaker 1: allow Nvidia to ship its h two hundred products to

782
00:37:38,960 --> 00:37:42,120
Speaker 1: approve customers in China. Age two hundred one of the

783
00:37:42,120 --> 00:37:45,839
Speaker 1: more advanced chips in the Nvidia arsenal. Major reasons not

784
00:37:46,040 --> 00:37:49,000
Speaker 1: to do it right, which is basically handing China the

785
00:37:49,120 --> 00:37:52,200
Speaker 1: one last piece that the US has in terms of

786
00:37:52,480 --> 00:37:57,239
Speaker 1: our AI competitiveness. Now, the Nvidia David Sachs argument is

787
00:37:57,480 --> 00:38:00,520
Speaker 1: that by having them use the chips, they are reliant,

788
00:38:00,719 --> 00:38:04,240
Speaker 1: they won't create their own That it's not a bad argument,

789
00:38:04,320 --> 00:38:06,960
Speaker 1: but let's explain a little bit about what that means

790
00:38:07,000 --> 00:38:10,160
Speaker 1: in the interim, though, it means and Nvidia gets to

791
00:38:10,239 --> 00:38:13,120
Speaker 1: keep printing a shit pot of money and that's good

792
00:38:13,320 --> 00:38:16,719
Speaker 1: for their stock. Now, again, like in David's kind of

793
00:38:16,719 --> 00:38:20,000
Speaker 1: more libertarian ideology and all this, one of the things

794
00:38:20,040 --> 00:38:23,680
Speaker 1: that David has consistently said is we're the backbone of

795
00:38:23,680 --> 00:38:26,040
Speaker 1: the US economy and they're not wrong. Now, I think

796
00:38:26,040 --> 00:38:28,040
Speaker 1: that that's a bad thing, you know. That's kind of

797
00:38:28,080 --> 00:38:32,280
Speaker 1: my criticism of the Trump administration is that they're this jet,

798
00:38:32,440 --> 00:38:35,360
Speaker 1: this rocket fuel to the AI industry is good for

799
00:38:35,440 --> 00:38:38,160
Speaker 1: the short term, not good for the long term because

800
00:38:38,200 --> 00:38:41,520
Speaker 1: of a potential bubble bust going all in with huge

801
00:38:41,520 --> 00:38:46,359
Speaker 1: amounts of GDP stock market gains vastly concentrated inside of this.

802
00:38:46,800 --> 00:38:50,400
Speaker 1: It makes it so that these people are becoming fantastically wealthy,

803
00:38:50,520 --> 00:38:53,359
Speaker 1: but we all may get fantastically poor if this shit

804
00:38:53,440 --> 00:38:55,759
Speaker 1: doesn't work out, And if it does work out, that's

805
00:38:55,760 --> 00:38:56,360
Speaker 1: part of the problem.

806
00:38:56,480 --> 00:39:00,040
Speaker 3: Yes, exam, yes, let me damned if you let.

807
00:38:59,920 --> 00:39:03,600
Speaker 1: Me also just show like the red state opposition here,

808
00:39:03,640 --> 00:39:06,239
Speaker 1: which we previously have mentioned, can we put B four

809
00:39:06,320 --> 00:39:09,080
Speaker 1: up here on the screen. This is Ron DeSantis. Now

810
00:39:09,080 --> 00:39:12,880
Speaker 1: he says, I oppose stripping Florida of our ability to

811
00:39:13,000 --> 00:39:15,359
Speaker 1: legislate in the best interests of the people. A ten

812
00:39:15,440 --> 00:39:19,320
Speaker 1: year AI moratorium banned state regulation of AI, which prevent

813
00:39:19,360 --> 00:39:23,160
Speaker 1: Florida from enacting important protections for individuals, children and families.

814
00:39:23,160 --> 00:39:25,040
Speaker 1: And now the reason why I think that's important is

815
00:39:25,040 --> 00:39:27,040
Speaker 1: to show you very specifically, it's not just like a

816
00:39:27,080 --> 00:39:31,920
Speaker 1: blue red issue. This is really about this question of

817
00:39:32,320 --> 00:39:36,440
Speaker 1: guard rails. And again coming back to this, the belief

818
00:39:37,040 --> 00:39:41,200
Speaker 1: of the Sacks and resen crew is yes, by the way, obviously,

819
00:39:41,320 --> 00:39:44,640
Speaker 1: especially with the Andrees and some of the other people

820
00:39:44,640 --> 00:39:46,719
Speaker 1: who are directly invested in this, A lot of this

821
00:39:46,760 --> 00:39:49,719
Speaker 1: is money, but there are longtime low returns. A lot

822
00:39:49,719 --> 00:39:52,680
Speaker 1: of their genuine belief is that the government will come in,

823
00:39:52,960 --> 00:39:56,000
Speaker 1: it will stifle the industry, and their claim is that

824
00:39:56,040 --> 00:39:58,560
Speaker 1: this will benefit the open AIS and all of that

825
00:39:58,920 --> 00:40:01,560
Speaker 1: of the world. The problem to me with a lot

826
00:40:01,600 --> 00:40:05,520
Speaker 1: of that argument here is that because the tail risk

827
00:40:06,280 --> 00:40:10,399
Speaker 1: socially and societally of this is so high, it would

828
00:40:10,440 --> 00:40:14,440
Speaker 1: be genuinely irresponsible to say that we shouldn't have an

829
00:40:14,440 --> 00:40:18,520
Speaker 1: immediate and compelling interest in doing something about And I understand, yes,

830
00:40:18,560 --> 00:40:20,640
Speaker 1: that's going to hurt your venture profits and all that.

831
00:40:20,680 --> 00:40:22,640
Speaker 1: But that's your problem, not mine, right, and that's not

832
00:40:22,719 --> 00:40:25,759
Speaker 1: our democratic issue. That's part of the reason why ultimately

833
00:40:26,000 --> 00:40:28,120
Speaker 1: Congress did not pass this, And I'm really glad that

834
00:40:28,120 --> 00:40:30,440
Speaker 1: you said that. The reason why, even with all the

835
00:40:30,440 --> 00:40:32,040
Speaker 1: pressure from the White House they were like, yeah, I

836
00:40:32,080 --> 00:40:34,799
Speaker 1: don't know about this is because they were getting huge

837
00:40:34,840 --> 00:40:38,920
Speaker 1: pushback from their constituents. And what constituents can feel, I

838
00:40:38,960 --> 00:40:43,200
Speaker 1: think correctly, is that the benefits to them are not

839
00:40:43,440 --> 00:40:47,879
Speaker 1: you are not yet as promise, and the costs remain high.

840
00:40:47,880 --> 00:40:51,000
Speaker 1: So for example, let's go and put B five up here.

841
00:40:51,280 --> 00:40:55,520
Speaker 1: I found this in a Financial Times investigation about data power.

842
00:40:55,800 --> 00:40:57,480
Speaker 1: And if you're watching this, I really want you to

843
00:40:57,480 --> 00:41:00,000
Speaker 1: sit home and look. I mean, it shows you where

844
00:41:00,080 --> 00:41:03,000
Speaker 1: in parts of the US the gap between new data

845
00:41:03,040 --> 00:41:06,960
Speaker 1: center demand and spare grid capacity is growing. You can

846
00:41:07,040 --> 00:41:10,600
Speaker 1: see the gap. Look at PJM right up there in

847
00:41:10,680 --> 00:41:14,200
Speaker 1: the top left. Look at the orders of magnitude where

848
00:41:14,200 --> 00:41:18,920
Speaker 1: the new demand is from the projected capacity in twenty thirty.

849
00:41:19,120 --> 00:41:23,239
Speaker 1: In almost every grid in the US, projected demand is

850
00:41:23,440 --> 00:41:27,279
Speaker 1: way higher or is higher than what the projected capacity is.

851
00:41:27,680 --> 00:41:31,400
Speaker 1: And their argument basically is that this is a good

852
00:41:31,480 --> 00:41:35,120
Speaker 1: thing for the market because the cure for high prices

853
00:41:35,160 --> 00:41:38,160
Speaker 1: is high prices. This is a long term libertarian talking point.

854
00:41:38,160 --> 00:41:40,400
Speaker 1: What they mean by that is that high prices the

855
00:41:40,440 --> 00:41:44,239
Speaker 1: grid will take that they will build out more investment infrastructure.

856
00:41:44,320 --> 00:41:46,600
Speaker 1: But one other reason why I thought that the Financial

857
00:41:46,600 --> 00:41:48,720
Speaker 1: Times piece is so important is if you keep reading

858
00:41:49,080 --> 00:41:52,600
Speaker 1: the pathway to building these new natural gas power plants

859
00:41:52,719 --> 00:41:55,040
Speaker 1: and price it doesn't keep up with that. And that's

860
00:41:55,120 --> 00:41:57,800
Speaker 1: natural gas same. I mean, look, I'm a huge proponent

861
00:41:58,040 --> 00:42:00,400
Speaker 1: of nuclear actors. I'm also going to be honest with you.

862
00:42:00,520 --> 00:42:03,040
Speaker 1: It takes about seven years to get the shit online, right, Yeah,

863
00:42:03,040 --> 00:42:05,319
Speaker 1: that's not even close to where that is. So in

864
00:42:05,360 --> 00:42:08,799
Speaker 1: the interim, that gap, right, the price gap, is going

865
00:42:08,880 --> 00:42:11,800
Speaker 1: to be very painful for all of us. And again

866
00:42:12,080 --> 00:42:14,560
Speaker 1: we have to come to terms with what are we

867
00:42:14,719 --> 00:42:17,800
Speaker 1: getting from this their claim they look at big productivity

868
00:42:18,040 --> 00:42:20,920
Speaker 1: numbers and all of that. Like I fundamentally am just

869
00:42:21,000 --> 00:42:23,560
Speaker 1: rejecting the fact that AI is not the same as

870
00:42:23,800 --> 00:42:27,840
Speaker 1: the industrial revolution or the railroad. The broad aggregate, beneficially

871
00:42:27,800 --> 00:42:30,200
Speaker 1: the everyday citizen is not even close. And the power

872
00:42:30,280 --> 00:42:34,360
Speaker 1: laws of wealth broadly flow you know, into the pockets,

873
00:42:34,480 --> 00:42:39,440
Speaker 1: not just the Silicon Daluy but very specifically Sam Altman, Microsoft, Google,

874
00:42:39,880 --> 00:42:42,239
Speaker 1: Meta like the biggest of the biggest. In a lot

875
00:42:42,280 --> 00:42:44,440
Speaker 1: of ways, these guys are tertiary actors compared to the

876
00:42:44,520 --> 00:42:47,560
Speaker 1: big five companies that are all the way at the top.

877
00:42:47,600 --> 00:42:50,759
Speaker 1: They're getting much wealthier and there's not enough you know,

878
00:42:50,840 --> 00:42:53,040
Speaker 1: productivity gain across the entire US.

879
00:42:53,160 --> 00:42:54,640
Speaker 3: I mean, they have a lot of goals with this.

880
00:42:54,800 --> 00:42:56,920
Speaker 2: Well, one of the goals is they find it annoying

881
00:42:57,120 --> 00:42:59,439
Speaker 2: that they have to exist in a society and ever

882
00:42:59,520 --> 00:43:03,520
Speaker 2: have to do with government regulation or any sort of democracy,

883
00:43:03,719 --> 00:43:06,960
Speaker 2: like trimming their sales. So these guys are always looking

884
00:43:06,960 --> 00:43:09,720
Speaker 2: for a way to exit, and this is their exit.

885
00:43:09,960 --> 00:43:14,439
Speaker 2: They're like, if my company wins the AI race, then

886
00:43:14,480 --> 00:43:17,600
Speaker 2: basically I get to say what is what?

887
00:43:17,800 --> 00:43:19,839
Speaker 3: I get to run the society. I get to have

888
00:43:19,920 --> 00:43:20,520
Speaker 3: all the wealth.

889
00:43:20,920 --> 00:43:23,600
Speaker 2: I don't think we are capable of wrapping our head

890
00:43:23,920 --> 00:43:27,279
Speaker 2: around the amount of power that would consolidate in the

891
00:43:27,360 --> 00:43:30,360
Speaker 2: hands of a very small number of people, like a

892
00:43:30,719 --> 00:43:32,800
Speaker 2: like you could count them on one or two hands.

893
00:43:33,360 --> 00:43:37,040
Speaker 2: If one of these companies actually achieves super intelligence that

894
00:43:37,080 --> 00:43:40,840
Speaker 2: they are all racing towards. So again, this seems like

895
00:43:40,920 --> 00:43:45,680
Speaker 2: something we should have a massive democratic like small d democratic.

896
00:43:45,400 --> 00:43:48,400
Speaker 3: Debate about and take very very seriously.

897
00:43:49,040 --> 00:43:51,440
Speaker 2: They know that there is increasing but that's part of

898
00:43:51,480 --> 00:43:53,520
Speaker 2: why David Sax's feeling and need to put out some freakin'

899
00:43:53,600 --> 00:43:56,799
Speaker 2: essay length thing. And I find it disgusting the way

900
00:43:56,800 --> 00:43:59,480
Speaker 2: he's trying to use this culture warframing of like, oh,

901
00:43:59,520 --> 00:44:02,240
Speaker 2: that's why you you know, black George Washington, Like I'm sorry,

902
00:44:02,239 --> 00:44:04,799
Speaker 2: I don't give a shit a black George Washington. You

903
00:44:04,880 --> 00:44:08,279
Speaker 2: guys are trying to take away everyone's jobs and rip

904
00:44:08,360 --> 00:44:11,160
Speaker 2: up the entire social contract and do it without us

905
00:44:11,160 --> 00:44:14,120
Speaker 2: being able to even have a say. You want to

906
00:44:14,160 --> 00:44:16,200
Speaker 2: make it so there's no regulation the federal army. You've

907
00:44:16,200 --> 00:44:20,200
Speaker 2: already accomplished that by and large and banned states from

908
00:44:20,200 --> 00:44:23,319
Speaker 2: being able to do it on their own. That is

909
00:44:23,400 --> 00:44:26,319
Speaker 2: the game here. They want an exit from society. I

910
00:44:26,320 --> 00:44:28,200
Speaker 2: mean Peter Tiil and these people they invest in this,

911
00:44:28,280 --> 00:44:31,160
Speaker 2: like Prospera and Honduras, and you know they want.

912
00:44:31,000 --> 00:44:32,720
Speaker 3: These like crypto, yes, studying.

913
00:44:32,880 --> 00:44:36,960
Speaker 2: They're always looking for a way to be basically like

914
00:44:37,400 --> 00:44:41,399
Speaker 2: God kinks, and they think AI is the answer to that. Now, again,

915
00:44:41,440 --> 00:44:43,400
Speaker 2: they have other goals as well, but that is a

916
00:44:43,440 --> 00:44:46,799
Speaker 2: big one to keep in mind. So that's what we're

917
00:44:46,800 --> 00:44:50,720
Speaker 2: talking about here, the powergred thing. I'm sorry, the argument,

918
00:44:50,840 --> 00:44:53,520
Speaker 2: the libertarian argument that like, oh, high price will lead

919
00:44:53,560 --> 00:44:55,880
Speaker 2: them to build out, blah blah, these are monopolies.

920
00:44:56,280 --> 00:44:58,240
Speaker 3: No, it won't, No, it won't.

921
00:44:58,480 --> 00:45:00,480
Speaker 2: What's gonna happen is high prices are going to lead

922
00:45:00,520 --> 00:45:03,200
Speaker 2: to high prices. That's what's happening right now. You know

923
00:45:03,239 --> 00:45:05,279
Speaker 2: the grid that is the most strained there and the

924
00:45:05,320 --> 00:45:10,000
Speaker 2: most you know, the where the demand exceeds the grid

925
00:45:10,000 --> 00:45:13,520
Speaker 2: capacity the most rapidly and by the most extraordinary amount.

926
00:45:13,800 --> 00:45:14,720
Speaker 3: It's right here.

927
00:45:15,000 --> 00:45:19,600
Speaker 2: Why because Virginia is the epicenter of all of this

928
00:45:19,719 --> 00:45:21,600
Speaker 2: data center build out. Now, these things are being built

929
00:45:21,600 --> 00:45:23,960
Speaker 2: all across the country, but in terms of the hot spot,

930
00:45:24,040 --> 00:45:24,800
Speaker 2: it is in Virginia.

931
00:45:25,440 --> 00:45:26,080
Speaker 1: We have the highest.

932
00:45:26,160 --> 00:45:31,480
Speaker 2: Yeah, I've told, forty of Virginia's energy capacity already goes.

933
00:45:31,320 --> 00:45:33,520
Speaker 3: To these frickin' things. No one voted for that.

934
00:45:33,920 --> 00:45:36,200
Speaker 2: No one voted for them to be for us regular

935
00:45:36,200 --> 00:45:41,440
Speaker 2: consumers to be shouldering the cost of that. Not all

936
00:45:41,480 --> 00:45:45,160
Speaker 2: Republicans are apparently opposed to this direction. Glenn Beck, the

937
00:45:45,280 --> 00:45:50,840
Speaker 2: very innovative use of AI technology, invented for himself a

938
00:45:51,600 --> 00:45:55,040
Speaker 2: mini need George Washington to spelt back to him a

939
00:45:55,239 --> 00:45:57,720
Speaker 2: shirt in a T shirt which very deeply offensive desoger

940
00:45:58,520 --> 00:46:01,880
Speaker 2: I think is fair, ye signified, this whole thing is very.

941
00:46:02,239 --> 00:46:03,880
Speaker 1: Great, man, and we're fucking teacher.

942
00:46:04,200 --> 00:46:08,240
Speaker 2: In any case, Glenn Beck created his own AI George Washington,

943
00:46:08,400 --> 00:46:11,719
Speaker 2: to feed back to him his own worldview, reflect back

944
00:46:11,719 --> 00:46:14,160
Speaker 2: to him his own worldview and talking points. This is

945
00:46:14,480 --> 00:46:16,120
Speaker 2: so I don't even know what to say about.

946
00:46:16,120 --> 00:46:16,799
Speaker 3: This is a before b.

947
00:46:16,920 --> 00:46:18,080
Speaker 1: Let's play it, George.

948
00:46:18,120 --> 00:46:21,440
Speaker 7: We have programmed a lot of information and given you

949
00:46:21,520 --> 00:46:23,840
Speaker 7: a lot of information on what's going on in today's

950
00:46:23,960 --> 00:46:28,719
Speaker 7: America based on your writings and the writings of the

951
00:46:28,760 --> 00:46:32,720
Speaker 7: rest of the founders. What is it that you feel

952
00:46:32,840 --> 00:46:36,080
Speaker 7: is the biggest problem or where we should start.

953
00:46:35,840 --> 00:46:42,400
Speaker 5: To fix things? If I may speak plainly, my countryman,

954
00:46:42,520 --> 00:46:46,160
Speaker 5: the danger, the greatest danger to our republic lies not

955
00:46:46,320 --> 00:46:48,640
Speaker 5: in foreign arms or political faction.

956
00:46:48,840 --> 00:46:52,600
Speaker 7: But interrupted for a second, cod you just dumb it

957
00:46:52,640 --> 00:46:53,800
Speaker 7: down just a little, Okay.

958
00:46:54,360 --> 00:46:57,759
Speaker 5: I do have twenty nine points, and they're all referenced

959
00:46:57,960 --> 00:47:01,920
Speaker 5: to exactly what we said in the past. Speak in

960
00:47:02,000 --> 00:47:09,360
Speaker 5: today's language. Okay, Okay, I get it. Let me speak

961
00:47:09,360 --> 00:47:15,719
Speaker 5: to Americans. If I'm honest, America's biggest problem is in

962
00:47:15,800 --> 00:47:20,640
Speaker 5: political or economic. It's all moral. You've drifted from the

963
00:47:20,719 --> 00:47:24,640
Speaker 5: virtues that make liberty possible in the first place. Freedom

964
00:47:25,320 --> 00:47:27,360
Speaker 5: to be free, you have to have discipline, you have

965
00:47:27,400 --> 00:47:30,440
Speaker 5: to have faith, you have to have character. And if

966
00:47:30,440 --> 00:47:34,000
Speaker 5: you don't have any of those things, laws, laws can't

967
00:47:34,000 --> 00:47:37,520
Speaker 5: stop anything, and they mean little government turns either weak

968
00:47:37,840 --> 00:47:45,480
Speaker 5: or oppressive. You have grown skeptical of truth, You're reckless

969
00:47:45,520 --> 00:47:50,480
Speaker 5: with debt. You're comfortable blaming instead of building anything. And

970
00:47:50,560 --> 00:47:54,480
Speaker 5: in my time, we understood that self governance begins with

971
00:47:54,640 --> 00:47:55,520
Speaker 5: self control.

972
00:47:56,440 --> 00:47:59,839
Speaker 2: Maybe Netflix can pick up AI George Washington for their

973
00:48:00,000 --> 00:48:02,279
Speaker 2: streaming slot moving forward, this is the world that.

974
00:48:02,200 --> 00:48:04,880
Speaker 1: We have in. Yeah, it's rough. It's a rough one,

975
00:48:05,760 --> 00:48:09,239
Speaker 1: so bad, I don't know. I mean the T shirt, yeah,

976
00:48:10,040 --> 00:48:12,160
Speaker 1: you know, one of the things I actually this is

977
00:48:12,239 --> 00:48:14,480
Speaker 1: going to be an ultra soccer tangent. But it's just

978
00:48:14,480 --> 00:48:17,440
Speaker 1: one of those things where putting the words that you

979
00:48:17,680 --> 00:48:21,239
Speaker 1: want into people who are dead for like over two

980
00:48:21,280 --> 00:48:24,360
Speaker 1: hundred and eighty years. Yeah, is so offensive always to me,

981
00:48:24,680 --> 00:48:28,640
Speaker 1: because here's the thing about historical figures. They are very complicated,

982
00:48:28,840 --> 00:48:32,719
Speaker 1: they are nuanced. They were human beings, George Washington. I

983
00:48:32,760 --> 00:48:35,080
Speaker 1: think he was a great man, had a lot of flaws. Okay,

984
00:48:35,160 --> 00:48:37,680
Speaker 1: people like to focus just on slavery, but you know,

985
00:48:37,719 --> 00:48:40,600
Speaker 1: there was a lot of issues actually throughout the entire

986
00:48:40,719 --> 00:48:43,360
Speaker 1: period in which he was a major figure in American history.

987
00:48:43,400 --> 00:48:46,200
Speaker 1: I find that actually pretty interesting, you know, getting ultimately

988
00:48:46,200 --> 00:48:49,160
Speaker 1: to the point and stepping ultimately down. Who is it?

989
00:48:49,239 --> 00:48:52,080
Speaker 1: Ron Churnow, in my opinion, the best biography of George

990
00:48:52,120 --> 00:48:54,520
Speaker 1: Washington should go read it, you know for yourself. You actually,

991
00:48:54,840 --> 00:48:56,279
Speaker 1: I think you get a lot more out of it

992
00:48:56,320 --> 00:48:59,280
Speaker 1: than some boomer slop, which basically, you know, there's always

993
00:48:59,280 --> 00:49:02,879
Speaker 1: this idea like they would have agreed with me. That's

994
00:49:02,880 --> 00:49:06,600
Speaker 1: not how historical figures are, you know. They for all

995
00:49:06,600 --> 00:49:09,040
Speaker 1: the greats, there were a lot of you know they

996
00:49:09,120 --> 00:49:14,560
Speaker 1: also many of them deeply idiosyncratic, insane ideas. But you

997
00:49:14,600 --> 00:49:17,200
Speaker 1: know they were coming from the time that they were in.

998
00:49:17,239 --> 00:49:20,200
Speaker 1: I was telling you recently about you know, John Adams,

999
00:49:20,440 --> 00:49:24,040
Speaker 1: probably my favorite founding father. He wanted you know, the

1000
00:49:24,440 --> 00:49:26,719
Speaker 1: President George Washington to be referred to as like his

1001
00:49:26,920 --> 00:49:31,960
Speaker 1: majesty the king because but which ultimately undemocratic. Now why right?

1002
00:49:32,200 --> 00:49:34,759
Speaker 1: His argument was, while we live in a world in

1003
00:49:34,800 --> 00:49:36,880
Speaker 1: which there's all these other kings that will never respect

1004
00:49:36,920 --> 00:49:38,759
Speaker 1: our guy if we don't call him king, mking. It's

1005
00:49:38,840 --> 00:49:40,680
Speaker 1: kind of logical. It doesn't make any sense to me.

1006
00:49:41,120 --> 00:49:43,080
Speaker 2: And it also doesn't mean it's an interesting debate, right,

1007
00:49:43,120 --> 00:49:45,400
Speaker 2: And it also doesn't mean like that's a perfect example.

1008
00:49:45,480 --> 00:49:47,920
Speaker 2: If you take him out of that time period and

1009
00:49:47,960 --> 00:49:50,839
Speaker 2: you PLoP him in today, it's unlikely he's still going

1010
00:49:50,920 --> 00:49:52,960
Speaker 2: to be making the argument of course that oh we

1011
00:49:53,040 --> 00:49:55,759
Speaker 2: need to call him a king, right, I mean that's why, Yeah,

1012
00:49:55,800 --> 00:49:58,040
Speaker 2: I mean I find the same thing so obnoxious when

1013
00:49:58,080 --> 00:50:02,680
Speaker 2: people try to retro whether it's founding fathers. Yesterday I

1014
00:50:02,680 --> 00:50:05,200
Speaker 2: said founding Farmers on the show very.

1015
00:50:05,000 --> 00:50:10,480
Speaker 1: Like overrated, sorry, don't shoot me, most overrated restaurant watching.

1016
00:50:10,280 --> 00:50:11,600
Speaker 3: Emily said positive things about it.

1017
00:50:11,640 --> 00:50:12,720
Speaker 1: Did she really balance?

1018
00:50:12,800 --> 00:50:14,520
Speaker 3: Oh my god, God, that's a side tangent.

1019
00:50:14,560 --> 00:50:16,319
Speaker 2: But now ury in my head about not saying found

1020
00:50:16,680 --> 00:50:19,200
Speaker 2: again anyway, whether it's a founding father or whether it's

1021
00:50:19,200 --> 00:50:21,480
Speaker 2: like a civil rights I got or whatever, Yeah, you know,

1022
00:50:21,800 --> 00:50:24,120
Speaker 2: is already annoying when people will like cherry pick their

1023
00:50:24,160 --> 00:50:27,560
Speaker 2: coats and quotes would be like, that's why my ideological

1024
00:50:27,640 --> 00:50:30,000
Speaker 2: project is in line with blah, blah blah. It is

1025
00:50:30,080 --> 00:50:35,239
Speaker 2: another level of horror to literally take an ai embodiment

1026
00:50:35,360 --> 00:50:38,800
Speaker 2: of that person and put your words into their mouth.

1027
00:50:39,360 --> 00:50:42,640
Speaker 2: That is I think, I mean it is. It is disturbing,

1028
00:50:42,680 --> 00:50:47,200
Speaker 2: it's gross, it's disturbing, it's mockable, it's ridiculous, it's humiliating,

1029
00:50:47,280 --> 00:50:47,879
Speaker 2: it's all of those.

1030
00:50:48,000 --> 00:50:49,520
Speaker 3: It's sort of pathetic. Honestly, it's pathetic.

1031
00:50:49,600 --> 00:50:52,560
Speaker 1: It is pathetic. And again, people do this, like you're

1032
00:50:52,560 --> 00:50:55,600
Speaker 1: talking about with civil rights. People will post the most

1033
00:50:55,800 --> 00:50:58,239
Speaker 1: like you know, it's like those debates about Abraham Link.

1034
00:50:58,360 --> 00:51:01,160
Speaker 1: People will post his emancipation quotes the same guy who

1035
00:51:01,160 --> 00:51:04,479
Speaker 1: thought about repatriating blacks to Africa. Right, those two things

1036
00:51:04,480 --> 00:51:08,319
Speaker 1: apparently can exist in the same body. Also within I mean,

1037
00:51:08,360 --> 00:51:09,960
Speaker 1: I want to go back and check a five year

1038
00:51:10,040 --> 00:51:13,040
Speaker 1: times timespan. You could choose to look at that. I

1039
00:51:13,160 --> 00:51:16,279
Speaker 1: choose to study this the time period between that and

1040
00:51:16,320 --> 00:51:19,239
Speaker 1: then eventually emancipation. That's a lot more interesting, okay. And

1041
00:51:19,280 --> 00:51:21,400
Speaker 1: that was a product of its time, of its circumstance.

1042
00:51:21,640 --> 00:51:25,399
Speaker 1: And transposing that to today ridiculous, man, I mean, it's

1043
00:51:25,480 --> 00:51:28,080
Speaker 1: a genuinely offensive from a person who really likes to

1044
00:51:28,120 --> 00:51:30,840
Speaker 1: look and to understand history. So Glenn I mean, I

1045
00:51:30,840 --> 00:51:33,399
Speaker 1: don't even look. I'm sure the Boomers loved it. I'm

1046
00:51:33,440 --> 00:51:36,640
Speaker 1: sure they loved it. No, I actually I'm telling you,

1047
00:51:36,680 --> 00:51:40,759
Speaker 1: I yeah, they either thought it was real or they're like, oh,

1048
00:51:41,640 --> 00:51:43,640
Speaker 1: he would have agreed with me, same thing. You know.

1049
00:51:43,680 --> 00:51:45,520
Speaker 1: They do the same thing with Thomas Jefferson. It's like, oh,

1050
00:51:45,560 --> 00:51:49,120
Speaker 1: apparently Thomas Jefferson only ever Thomas Jeffson's some dumb fuck ideas.

1051
00:51:49,120 --> 00:51:53,399
Speaker 1: All right, nobody is ever exactly who you think they are,

1052
00:51:53,480 --> 00:51:57,840
Speaker 1: and you know, yeah, using their using their like literal likeness,

1053
00:51:57,880 --> 00:52:02,359
Speaker 1: and then pretending that that's what they would have said today. Man,

1054
00:52:02,600 --> 00:52:03,600
Speaker 1: that's that's grim.

1055
00:52:04,120 --> 00:52:08,279
Speaker 2: One more reason to hate this whole development and recognize

1056
00:52:08,280 --> 00:52:10,680
Speaker 2: that thus far, the AI promise for all of us,

1057
00:52:11,320 --> 00:52:14,080
Speaker 2: For these tech titans, it's making them wildly wealthy, and

1058
00:52:14,120 --> 00:52:16,920
Speaker 2: it's giving them the possibility of like achieving their wildest

1059
00:52:16,920 --> 00:52:20,040
Speaker 2: god king dreams and fantasies. But for the rest of us,

1060
00:52:20,719 --> 00:52:22,319
Speaker 2: not really living up to the hype so far,