Inflated GDP?, Google earnings, How the media lost trust, Rogan/Trump search controversy, Election!
- Nov 1, 2024
- 1:30:52
- Full Episode
(0:00) Bestie intros! (4:50) US Real GDP growth comes in at 2.8%, but there are underlying issues (28:26) Google earnings: YouTube and Cloud post huge quarters, would they have survived outside of Google? (35:34) Sacks's idea to auction off public spectrum licenses of major broadcast networks (41:27) How the media became one of the least trusted institutions in the US (53:35) Why Joe Rogan's interview with Trump was not appearing in YouTube search results (1:08:04) Final pre-election segment: how it's tracking, election integrity, voter fraud stats
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Referenced in the show: https://fred.stlouisfed.org/series/DGS10 https://x.com/freesites_com/status/1851615700869144908 https://www.cnbc.com/2024/10/30/dropbox-slashes-20percent-of-global-workforce-eliminating-500-roles.html https://fred.stlouisfed.org/series/FYONGDA188S https://www.commercebank.com/about-us/prime-rate-update https://www.fdic.gov/system/files/2024-05/unrealized-gains-losses-on-investment-securities.png https://abc.xyz/assets/71/a5/78197a7540c987f13d247728a371/2024q3-alphabet-earnings-release.pdf https://www.cnbc.com/2024/10/29/google-cfo-says-company-can-push-a-little-further-in-cost-savings.html https://variety.com/2024/digital/news/youtube-q3-2024-advertising-revenue-growth-1236193926 https://x.com/DavidSacks/status/1818467743479542130 https://news.gallup.com/poll/512861/media-confidence-matches-2016-record-low.aspx https://news.gallup.com/poll/508169/historically-low-faith-institutions-continues.aspx https://www.axios.com/2023/10/24/americans-trust-in-media-plummets-to-historic-low-poll https://www.washingtonpost.com/opinions/2024/10/28/jeff-bezos-washington-post-trust https://x.com/DavidSacks/status/1850277560816681255 https://x.com/DavidSacks/status/1850979360037356001/photo/1 https://x.com/davidsacks/status/1844429818554876026 https://x.com/elonmusk/status/1851745648313602189
Brief Summary
Hosts discuss GDP growth, upcoming election, and voter ID laws.
Key points
- Election Night Live Stream. Join us for a live stream on November 5th at 7 p.m. PT!
- US GDP Growth Discussion. US GDP grew 2.88% in Q3, but is it sustainable?
- Rising Debt and Interest Rates. The discussion highlights the looming crisis of refinancing debt at higher interest rates.
- Government Spending Cuts. The conversation centers around the necessity of cutting government spending to address debt issues.
- Broadcast Spectrum Auction Proposal. A proposal to auction off valuable broadcast spectrum to pay down national debt.
- Trust in Media Declines. Confidence in media institutions has dropped significantly, with 40% of Americans expressing no trust.
Episode highlights
- Election Night Live StreamJoin us for a live stream on November 5th at 7 p.m. PT!“We're almost at 700,000 subscribers!”2:05Nov 1, 2024
- US GDP Growth DiscussionUS GDP grew 2.88% in Q3, but is it sustainable?“The economy isn't growing!”10:58Nov 1, 2024
- Rising Debt and Interest RatesThe discussion highlights the looming crisis of refinancing debt at higher interest rates.“It's a pretty scary proposition.”21:39Nov 1, 2024
- Government Spending CutsThe conversation centers around the necessity of cutting government spending to address debt issues.“There's no win-win scenario here.”26:23Nov 1, 2024
- Broadcast Spectrum Auction ProposalA proposal to auction off valuable broadcast spectrum to pay down national debt.“We should auction off the Spectrum to pay down the national debt.”38:37Nov 1, 2024
- Trust in Media DeclinesConfidence in media institutions has dropped significantly, with 40% of Americans expressing no trust.“Confidence in institutions has generally been going down in everything.”41:55Nov 1, 2024
- Podcasts Influence ElectionsPodcasts are becoming a major platform for candidates to connect with voters, potentially deciding elections.“This is the first podcast election where you can make the argument that podcasts will decide the election.”47:58Nov 1, 2024
- Claims of Bias in Google Search ResultsDiscussion on how Google search results may be biased against Trump, with examples provided.“It's almost like they're trying to find the most negative article.”1:03:54Nov 1, 2024
