00:00:00
This is the mandatory federal
00:00:01
regulation. They'll have dick. They
00:00:03
won't have anything.
00:00:10
>> Hi everyone. This is Pivot from New York
00:00:12
Magazine and the Vox Media Podcast
00:00:13
Network. I'm Carara Swisser.
00:00:15
>> And I'm Scott Galloway.
00:00:16
>> How you doing Scott?
00:00:18
>> I'm doing great. Thanks.
00:00:19
>> Weird weekend of shootings and killings
00:00:21
and
00:00:22
>> pretty horrible stuff. We usually banter
00:00:24
here, but I think we we um should just
00:00:27
get right to it, don't you think?
00:00:28
>> Yeah, I think so. Yes, we want to
00:00:30
briefly acknowledge the horrific events
00:00:31
of gun violence over the weekend. On
00:00:34
Saturday, two people were killed and
00:00:36
nine were injured at a shooting at Brown
00:00:37
University. And on Sunday, at least 15
00:00:39
people were killed in a shooting at a
00:00:41
Hanukkah celebration in Bondi Beach in
00:00:44
Australia. Um,
00:00:47
authorities are still looking for the
00:00:48
Brown shooter. They had a person of
00:00:50
interest who they let go, which was
00:00:52
probably disturbed people around that
00:00:54
university campus. The Bondi Beach
00:00:56
shooters have been identified as a
00:00:58
father and a son. What a terrible parent
00:01:00
and bystander and a bystander whose
00:01:02
refugee parents had just arrived from
00:01:04
Syria wrestled a gun from one of the
00:01:06
alleged attackers during the Bondi Beach
00:01:08
shooting. As if that violence weren't
00:01:11
enough, director and actor Rob Reiner
00:01:13
and his wife Michelle were found dead in
00:01:14
their LA home on Sunday. uh supposedly
00:01:18
by apparently according to uh lots of
00:01:21
reports this her their son their
00:01:23
youngest son is being held uh in the um
00:01:26
in this what it looks like a murder.
00:01:28
Donald Trump of course had to weigh in
00:01:30
on this tragedy posting on True Social a
00:01:32
little while ago. Rob Reiner, a tortured
00:01:34
and struggling but once very talented
00:01:35
movie director and comedy star has
00:01:37
passed away together with his wife
00:01:38
Michelle. Reportedly due to the anger he
00:01:40
caused others through his massive
00:01:42
unyielding incurable affictions with a
00:01:43
mind crippling disease known as Trump
00:01:46
derangement suh
00:01:48
syndrome. Uh I can't believe he wrote
00:01:51
this but once again of course I can. Um,
00:01:53
so he said the raging obsession uh has
00:01:56
have driven people crazy and obvious
00:01:59
paranoia reing rise reaching new heights
00:02:02
as the Trump administration surpassed
00:02:03
all goals and expectations with
00:02:05
greatness and then he said they should
00:02:06
rest in peace. He's a terrible terrible
00:02:09
son of a [ __ ] Anyway,
00:02:11
>> I just can't wait for the right to be as
00:02:13
inflamed by the notion that anyone was
00:02:15
dancing on Charlie Kirk's grave.
00:02:17
>> Yeah.
00:02:17
>> Uh but this this will like you know this
00:02:19
will just be Donald being Donald, right?
00:02:21
>> Exactly. I mean, just what a heinous
00:02:23
piece of [ __ ] Um, let's start with the
00:02:25
shootings. Um, just for personally,
00:02:28
Amanda went to Brown um and uh knows the
00:02:31
area very well. It's very open campus,
00:02:33
she was telling me and uh you know, it's
00:02:35
sort of such a you know, very peaceful.
00:02:37
I've been there a number of times with
00:02:39
her uh in the area where it was taking
00:02:40
place. Um, nobody knows why this
00:02:44
particular well because people have
00:02:45
guns, but why the reasons reasoning
00:02:48
behind the one in Bondi Beach was uh
00:02:51
horrific. Um, except for that one
00:02:53
bystander who who was just there. The
00:02:55
video of it was astonishing that they
00:02:58
this guy had a lawn gun and this guy he
00:03:00
was a big guy who went after another big
00:03:02
guy
00:03:02
>> and the father ended up dying. The son I
00:03:04
believe is still living. Um, again,
00:03:06
these people were peaceibly getting
00:03:08
together on a holiday and um, which was
00:03:11
the first night of Hanukkah, which we
00:03:13
celebrated last night. Um,
00:03:16
I don't know what to say, Scott. Just
00:03:17
the whole thing is just violence.
00:03:22
Yeah, it's
00:03:24
um the the things that strike me about
00:03:27
Brown is that just as we overprotect our
00:03:30
kids offline and underprotect them
00:03:32
online, I think campuses unfortunately
00:03:34
have become they're supposed to be the
00:03:36
safe some of the safest places in the
00:03:38
world physically and some of the most
00:03:39
dangerous places intellectually. And
00:03:41
unfortunately, we flipped the script.
00:03:43
we've decided that words are violence
00:03:46
and I think created sort of these very
00:03:48
fragile a very fragile youth not all but
00:03:52
but too many and at the same time guns
00:03:55
on campus and we don't know uh they
00:03:58
don't know who the shooter is but
00:03:59
generally speaking what will happen is
00:04:01
they will attempt to politicize it the
00:04:04
left and the right uh unfortunately and
00:04:07
chances are and we don't know who it is
00:04:09
chances are there's three dimensions to
00:04:12
this type of violence. It's usually a
00:04:15
young man who's not connecting to work,
00:04:16
family, or relationships or uh someone
00:04:20
who went online and got radicalized and
00:04:22
then had access to guns. And then to use
00:04:25
that as a bridge to Australia,
00:04:28
this is the first mass shooting they've
00:04:29
had in 27 years. They have one every
00:04:31
They have one every 27 years. We have
00:04:33
one every 27 hours. And that's not a
00:04:36
lie. We have one point
00:04:38
>> we have 1.2 mass shootings a day. M.
00:04:40
>> So, and then, you know, I can't help but
00:04:43
look, uh, I'm obviously
00:04:47
think a lot about Israel and the the
00:04:50
Jewish population. There are 2.7
00:04:54
billion Christians, 2.1 billion Muslims,
00:04:57
1.4 billion Indians, 1.3 billion
00:05:01
Chinese, 355 million Americans. But the
00:05:04
hate towards 15 million Jews, it was 15
00:05:08
million in 1939. By 1945, Hitler had
00:05:10
taken it down to 9 million. It's taken
00:05:12
80 years to get back to 15 million. But
00:05:16
because of the hatred
00:05:18
um focused on these 15 million2%
00:05:21
of the world's population, Paris is
00:05:23
cancelling the New Year's events.
00:05:25
>> I mean, this is really um this is
00:05:28
impacting everyone. And the only silver
00:05:31
lining here is who you brought up, Ahmad
00:05:34
Ahmed Alamad, I think his name is. I
00:05:36
apologize if I'm getting wrong.
00:05:37
>> Fruit, he was a fruit vender.
00:05:39
>> Yeah, he owns a fruit store, uh, two
00:05:42
sons, and I just think it was so
00:05:44
wonderful on so many dimensions that it
00:05:46
was a Muslim because what I find, you
00:05:49
know, a lot of debates recently, men,
00:05:51
people always want to go to this
00:05:53
reductive, well, it's men against women
00:05:54
or it's it's Muslims against Jews. No,
00:05:56
it's illiberal primitive thought versus
00:05:59
liberal enlightened thought. And those
00:06:02
that's who the battle is between. But I
00:06:06
find and I and also to personalize this
00:06:09
because I never missed an opportunity to
00:06:11
talk about myself. I was very upset
00:06:13
about what had happened in Australia and
00:06:16
I thought about putting a Star David in
00:06:17
my window and I went out to try and find
00:06:20
um some sort of neon light or or an
00:06:23
Israeli flag and someone I live with
00:06:25
said, "Are you [ __ ] crazy?
00:06:27
>> Are you [ __ ] crazy?"
00:06:28
>> Really?
00:06:29
>> That was their view. We live in London.
00:06:31
We live on a busy street and this person
00:06:33
is like, "We have kids in our house.
00:06:35
>> If you're going to put a symbol of
00:06:38
Judaism or Israel in our window and what
00:06:40
I would ask everybody is and today, and
00:06:43
this is going to be somewhat of an
00:06:45
inflammatory statement, people are down
00:06:48
with Judaism and Jewishness today
00:06:50
because people like to feel sorry for
00:06:52
Jews. But it'll soon return to what I
00:06:55
would call a series of micro enabling
00:06:57
enablements around what is going on
00:07:00
here." here and what I would ask is is
00:07:01
there any other group in the world that
00:07:03
that consists of 15 million or2% of the
00:07:06
population that cannot celebrate their
00:07:09
holidays in peace and without fear right
00:07:12
now. That is what it means to be Jewish
00:07:14
right now. I'm sorry. Go ahead, Cara.
00:07:17
>> Um well, I think the I think you're
00:07:19
talking about illiberalism. I think a
00:07:21
lot of people have been um we don't know
00:07:23
what it's what's happening in Brown, by
00:07:25
the way. We still don't understand
00:07:27
what's going on there.
00:07:28
>> Yeah. They don't have a suspect. they
00:07:29
don't have a suspect. Um, but most, as
00:07:31
you said, most of these killings are
00:07:32
about illiberalism and about not letting
00:07:34
people be who they are, right? Whoever
00:07:37
they happen to be. Um, and I think it's
00:07:39
really um, it's sort of like the the the
00:07:42
gun I mean, Australian gun violence. My
00:07:45
nephew lives in near Bondi Beach,
00:07:47
actually, right near it. Um, and you
00:07:49
know, if you've ever been there, and I
00:07:51
have been there, and I think you have,
00:07:52
too, it's a it's a beautiful place. like
00:07:55
it's it has such a nice feel to it and
00:07:57
it's I would say the more liberal part
00:07:59
of Sydney, right? I would, you know,
00:08:02
just kind of everyone is just letting
00:08:03
people be who they are essentially. And
00:08:06
for these two, for some reason, you
00:08:08
know, being a father and son is even
00:08:10
worse in a lot of ways because this
00:08:11
father obviously rad radicalized his
00:08:13
child. Um, and it's just like it's
00:08:17
sickening to me that they that anyone
00:08:20
cannot gather, right? That and I agree
00:08:23
with you. I mean the the rise in
00:08:24
anti-semitism is just so disturbing and
00:08:27
so indicative of the rise of this kind
00:08:30
of easy hatred kind of thing. And I
00:08:32
think again I we don't want to link
00:08:34
these things all of them together but
00:08:36
what the president wrote about Rob
00:08:38
Reiner who was slashed to death
00:08:39
allegedly by his son who clearly had if
00:08:43
you follow it even slightly I saw that
00:08:46
movie many years ago called Being
00:08:47
Charlie which the son wrote and the
00:08:49
father directed obviously to help his
00:08:51
son get along. It was about his
00:08:53
addiction and and really isolation,
00:08:56
right? Um it's just like this this is
00:09:00
the answer, the violent the violent
00:09:03
answer. And so, you know, you can't
00:09:06
there sometimes there's nothing you can
00:09:07
do about there's there's something you
00:09:09
can do about drug addiction, but drug
00:09:10
addiction and it seems like
00:09:11
schizophrenia of some sort. Um but to
00:09:15
take like the the the ease at which
00:09:18
people accept all these things
00:09:21
especially around uh anti-semitic uh
00:09:25
behavior is really it's it's I think it
00:09:28
we're at this inflection point but we
00:09:29
either go one way or the other. Um
00:09:33
the other I don't know we have we we do
00:09:35
have a manora in our window. My wife is
00:09:38
Jewish. My kids my young kids are
00:09:40
Jewish. Um, and we also have a snowman
00:09:43
and we have a Christmas tree and I
00:09:45
didn't even think about that, Scott.
00:09:47
Like I we just put it in the window. Um,
00:09:49
and you know, I wouldn't think of taking
00:09:52
it down, but you made me think, of
00:09:54
course. Um, but it's so disheartening.
00:09:57
It's it's especially as we move into the
00:09:59
holiday season and again, last night was
00:10:01
the first night of Hanukkah. Um, there
00:10:04
um, you know, and my kids are so excited
00:10:07
about Hanukkah and everything around it.
00:10:09
It's just it's like it's stomach
00:10:11
turnurning. Actually,
00:10:13
>> I do think there's a difference between
00:10:16
the Brown and Australian tragedies and
00:10:18
what happened to the Riners. I think my
00:10:19
understanding of the Riners is that it
00:10:21
was a a a young man who's really
00:10:23
struggling and it's tragic, but I I you
00:10:27
know, and it represents drug a warranted
00:10:29
discussion about drug addiction. Um, but
00:10:33
what I find
00:10:36
so disturbing, disheartening is that all
00:10:39
bigotry is hate. But there are different
00:10:41
types of hate. And most bigotry comes in
00:10:44
the form of I don't like these people. I
00:10:46
don't like the way they live their
00:10:47
lives. I don't like their food. I don't
00:10:50
like their norms and their customs. And
00:10:51
I'm going to discriminate against them.
00:10:53
I'm going to sequester them from jobs. I
00:10:56
don't want them in my neighborhood. I
00:10:58
don't want them to have the same rights
00:11:00
as me.
00:11:02
The discrimination or the bigotry
00:11:04
against Jews I find especially dangerous
00:11:07
because it's not I don't like your food
00:11:09
or I don't like the way you know I don't
00:11:11
like your customs. It's that I think you
00:11:14
have come together to form a conspiracy
00:11:16
that is purposely trying to oppress
00:11:20
me and that I need to take offensive
00:11:22
action. Not sequester you from
00:11:24
opportunities
00:11:25
>> but legitimize and create cloud cover
00:11:28
for offensive violence against you. no
00:11:30
matter where you are. And also folks on
00:11:32
campus, congratulations when you're
00:11:35
chanting globalize the inifatada. That's
00:11:38
what's happened here. The inifat has
00:11:40
been globalized.
00:11:41
>> I don't think you can blame those
00:11:42
students for these people.
00:11:44
>> I think there I think it's all
00:11:45
connected. I think that when people
00:11:47
legitimize this type of hate speech and
00:11:50
it becomes normalized, I think it
00:11:52
creates cloud cover for this type of
00:11:54
behavior. Perhaps I I feel like
00:11:56
anti-semitism has been around for
00:11:58
centuries for
00:11:59
>> well okay and so is enablement of it
00:12:01
>> right well yeah people shouldn't be but
00:12:03
you know this is the problem with all
00:12:04
these things is talking the way like
00:12:07
where does it what do you do about all
00:12:09
this hate speech around everywhere
00:12:11
around everything like it's so it's so
00:12:14
steeped into our world now and so
00:12:16
available and again you know it's no
00:12:19
it's really interesting you know
00:12:21
Australia just you know quashed social
00:12:23
media for kids under 16. To me, that's
00:12:26
what globalizes this. I think these
00:12:29
sentiments have been around since the
00:12:30
beginning of time for some reason. And
00:12:33
it creates this this worldwide ability
00:12:36
to just just hate across. Anyway,
00:12:39
there's no these are all tragedies. I
00:12:41
don't mean they're linked together in
00:12:43
any way, but in in many ways they it's
00:12:46
sort of this acceptance of violence
00:12:48
against people and especially in this
00:12:50
country and for Australia to have as you
00:12:52
said a shooting
00:12:54
>> is really rare, right? And so then you
00:12:57
worry about that country in that the
00:12:59
thing is guess what like New Zealand
00:13:02
like other where they had a terrible
00:13:03
shooting uh which was I think against a
00:13:06
mosque in that case
00:13:08
>> um they're going to do something about
00:13:10
it and shut it down. They're going to
00:13:12
shut down guns. They will actually take
00:13:13
action as a country
00:13:15
>> while we do not which is really I that's
00:13:18
my guess. Correct. Don't you think
00:13:19
probably there'll be some
00:13:22
>> they will I mean they they did
00:13:24
>> they had
00:13:25
>> so for example it might not have been 15
00:13:27
people it might have been 150 had they
00:13:29
not banned assault rifles
00:13:31
>> right
00:13:31
>> if those if that father-son team
00:13:34
>> uh had had AR-15s and not single bolt
00:13:37
action and shotguns it might have been
00:13:39
150 people
00:13:40
>> right exactly
00:13:41
>> and the fact that it happens every this
00:13:44
will rattle Australia to its core
00:13:48
>> and they'll do something about it.
00:13:50
>> Uh we're going to talk about Brown until
00:13:53
tomorrow.
00:13:55
Then there'll be another one. Brown will
00:13:56
get more attention cuz it's those, you
00:13:58
know, cuz it's a it's an Ivy.
00:14:02
So it it it's more kind of sensational
00:14:04
or it'll get more media attention cuz
00:14:06
quite frankly, a lot of media went to
00:14:08
Brown. But there will be a mass shooting
00:14:10
tomorrow in America. So, it's it's it's
00:14:14
it's like that onion headline, America
00:14:16
claims that the problem can't be solved
00:14:19
in the only nation this problem exists.
00:14:22
And this notion that we live in a
00:14:23
democracy, we don't. We live we live in
00:14:27
a country with a passive majority that
00:14:29
is weaponized by a wellunded and
00:14:31
organized special interest groups. And
00:14:33
probably number four or five now, but
00:14:35
still very popular, is the NRA. And 90%
00:14:39
of Americans now believe in some sort of
00:14:41
safe and sane gun regulation.
00:14:43
>> We do. It's it's
00:14:44
>> and we can't get it through.
00:14:46
>> Well, there's got there.
00:14:48
This is It's repulsive. It's repulsive.
00:14:51
But our our condolences go out to the
00:14:53
people in Bondi Beach and at Brown and
00:14:56
obviously the Reiner family.
00:14:58
>> I'm going to be in Bondi Bondi in two
00:15:00
weeks.
00:15:01
>> Bondi in two weeks. Oh, you are. It's
00:15:03
beautiful place.
00:15:05
>> It's a beautiful place. this tragedy at
00:15:07
a beautiful place. Anyway, um we should
00:15:10
move on um onto the news. Um but first,
00:15:13
Sam Alman, this is such a weird TR.
00:15:15
Sorry, let me switch to code red open
00:15:18
AI.
00:15:18
>> It's a weird altitude change.
00:15:19
>> Yeah. Yeah. Which he implemented to
00:15:21
improve chat GPT against competition
00:15:23
after the launch of its GPT 52 model.
00:15:26
He's going to he's going to exit code
00:15:27
red. I don't believe code red by the
00:15:29
way. Speaking of which, Rob Reiner, let
00:15:31
me just say maybe just one more thing
00:15:33
about Rob Reiner. What an incredible
00:15:36
artist this guy left behind. Besides
00:15:38
being on All in the Family, he did a few
00:15:41
good men. He did Stand by Me. He did The
00:15:43
Princess Bride. He did When Harry Met
00:15:45
Sally, it goes on and on and on in ter
00:15:48
and then personally his impact. The
00:15:50
reason we have gay marriage, it started
00:15:51
in California. Rob Reiner was one of the
00:15:54
major people around it. Same thing with
00:15:56
preschool for kids. Just um I don't care
00:15:59
how much the Trump people hate this guy
00:16:01
or hated this guy. Um he what an
00:16:03
incredibly effective progressive he was.
00:16:06
Um and also a beautiful filmmaker. Some
00:16:09
of my favorite films. And Code Red. Code
00:16:11
Red is an important part of A Few Good
00:16:12
Men.
00:16:13
>> Did you call the Cold Red?
00:16:15
>> You and I were on a call with Rob Reiner
00:16:18
just a couple week a couple weeks ago
00:16:20
and it was very civic-minded.
00:16:22
>> Yeah. Yeah. He was uh he we were trying
00:16:24
to figure out something to do boycotts
00:16:27
around immigration. and he was focused
00:16:28
in on um immigrants being abused by the
00:16:31
Trump administration. He was, you know,
00:16:33
he just a classic he the guy he played
00:16:35
on All in the Family uh Mike Stitz. He
00:16:38
was that guy, right? He was it was sort
00:16:40
of that was him um in many ways. Um
00:16:44
anyway, speaking of Code Red, which that
00:16:46
is one of my favorite movies of all
00:16:47
time. I love the every bit about it, but
00:16:50
the direction is so critical for it
00:16:52
being so good. Um, it's with Tom Cruz,
00:16:54
Demi Dei Moore, and um, Jack Nicholson,
00:16:57
obviously.
00:16:57
>> Oh, he did The Sure Thing. That was him.
00:16:59
>> He Yeah, he he's an astonishing artist
00:17:01
and also anctor.
00:17:02
>> Oh my god, he did. Misery. That's an
00:17:04
amazing film.
00:17:06
>> Wow. What a career.
00:17:07
>> He had a He had a run from in the 80s to
00:17:10
the 90s that was like one frigin hit
00:17:12
after the next. It's crazy. And
00:17:14
important movies that last the test of
00:17:17
that, you know, that last the test of
00:17:18
time. Like that's what it is. It's like
00:17:20
I go back to all those movies and they
00:17:22
were so expertly directed.
00:17:23
>> The American President. Remember that
00:17:25
one?
00:17:25
>> Yeah. Michael Douglas as president.
00:17:28
>> Yeah. Then it became The West Wing.
00:17:29
>> This is Spinal Tap.
00:17:31
>> Oh, Spinal Tap. Oh, how could I leave
00:17:32
that out? Plus, he just released the two
00:17:34
the second one recently. Um, and uh just
00:17:38
an astonishing talent. And my favorite
00:17:41
was he was in he had a lot of roles over
00:17:43
the years in various things. Um, mostly
00:17:45
comedies, but he was in The Wolf of Wall
00:17:47
Street as the accountant.
00:17:48
>> Yeah. And my favorite line,
00:17:50
>> he played, didn't he play his father?
00:17:51
>> I'm not sure. He was he was doing the
00:17:53
accounting. He goes, I'm not sure it was
00:17:54
his father, but he goes,
00:17:56
>> "Prostitutes take credit cards." And
00:17:58
then the line was, "Yeah, the expensive
00:17:59
ones." It was the way he said
00:18:01
prostitutes. Like he's he screaming and
00:18:02
then he goes, "Prostitutes take credit
00:18:04
cards." And it was just just fantastic,
00:18:06
man. Anyway, um okay, we'll move on to
00:18:09
code red at Open AI. That's the
00:18:11
reference he's using there. Um he he he
00:18:14
implemented it because of all the
00:18:15
competition especially from Gem Google's
00:18:17
Gemini. Alman said the release of the
00:18:19
Gemini 3 models had less of an impact on
00:18:21
the company than originally feared. Uh
00:18:23
we'll see. In other Open AI news, the
00:18:25
company will end a compensation policy
00:18:27
that required employees to work at the
00:18:28
company for at least 6 months before
00:18:30
their equity vests. Um so what's
00:18:34
happening here? I don't know.
00:18:36
>> I think they're panicking. I think they
00:18:37
heard Cara Swisser kept keep comparing
00:18:40
them to Netscape.
00:18:41
>> Oh yeah, I should say. And I think I
00:18:43
think that analogy is becoming more and
00:18:45
more apt by the day. And it's an
00:18:48
incredible company. The question is, can
00:18:50
they maintain momentum from 500 billion?
00:18:52
And the thing that struck me, Cara, was
00:18:55
I saw that SpaceX leaked a rumor that
00:18:57
they're thinking about going public.
00:18:59
>> Yeah. And then pretended they didn't.
00:19:01
Yeah.
00:19:01
>> And that they're they threw a number out
00:19:03
there. Who knows how real it is at a
00:19:06
trillion half dollar pricing right now.
00:19:08
They say they're raising money or
00:19:09
selling shares at about 800 billion.
00:19:11
Open a AI is at at um 500 billion. Now,
00:19:16
they're both right now about the same
00:19:17
revenue level except SpaceX is growing
00:19:21
much much slower. SpaceX went from 13
00:19:23
billion last year, they're projected to
00:19:24
do 15 this year. It's not growing that
00:19:26
fast.
00:19:26
>> Yeah. Well, there's only so much space,
00:19:28
right?
00:19:28
>> But that's right. But the differences
00:19:33
in terms of modes and defensibility and
00:19:35
sustainability and that is the amazing
00:19:38
thing about a digital business is it can
00:19:40
scale incredibly fast.
00:19:43
The downside is that it can be disrupted
00:19:45
almost as fast. And that is the reason
00:19:48
why SpaceX at a lower growth rate in a
00:19:51
similar revenue is trading at two to
00:19:55
three or 60 to 200% more than a company
00:20:00
that's growing much faster OpenAI is
00:20:02
because it is very unlikely
00:20:05
in two years someone else is going to
00:20:07
have 90% of Space Launch uh market
00:20:11
share. the ability and that's why Amazon
00:20:14
I think's value is so enduring. We're
00:20:15
also focused on digital. But the reality
00:20:18
is if you can put in place warehouses,
00:20:20
747s,
00:20:22
>> you know, trucking to nuts,
00:20:24
>> space launch vehicles,
00:20:26
>> atoms are more defensible than bits.
00:20:28
>> Ah, interesting observation. I like
00:20:30
that.
00:20:31
>> Well, it's harder to do. It's harder to
00:20:32
scale up, but it would make sense. It's
00:20:34
more defensible.
00:20:35
>> Yeah. Well, go ahead. Sorry.
00:20:37
>> It just struck me that SpaceX is trading
00:20:39
it more. It's growing much slower. our
00:20:41
same revenue and is much more valuable
00:20:44
than open AI because people realize if
00:20:46
you were to say okay one of these two
00:20:48
firms is going to decline by 80% share
00:20:51
in the next 24 months open AI or SpaceX
00:20:54
who would you think that happened
00:20:55
>> open AI yeah everybody
00:20:57
>> that said I have to say I still use chat
00:20:59
TV more right and I Gemini just is
00:21:02
imposed upon me by Google because I use
00:21:05
Google right I don't go
00:21:06
>> did you love explore did you love
00:21:07
Microsoft explorer was a better browser
00:21:10
I
00:21:10
>> I agree But I I it's well right now I'm
00:21:13
using it because of this because
00:21:14
Riverside, but I usually use Safari. But
00:21:16
um Google, one of the things that's
00:21:18
related, speaking of of defensible
00:21:20
businesses, Google has removed videos
00:21:22
with Disney characters after being hit
00:21:23
with a cease and desist letter from the
00:21:25
company saying it AI infringes on its
00:21:27
copyrighted content on a massive scale.
00:21:29
The complaint focuses on unauthorized AI
00:21:31
generated videos and images of Disney
00:21:33
characters, particularly on YouTube. The
00:21:35
move comes shortly after Disney struck a
00:21:37
deal with Open AI. It picked its winner,
00:21:39
right? As we discussed last week, um I I
00:21:41
went and called a lot of people after
00:21:43
this because I was sort of a lot of
00:21:45
people had sort of mixed feelings on
00:21:46
Disney doing this like they're giving in
00:21:48
essentially. Seems to me I think they
00:21:51
got learned a lot from social media and
00:21:53
everything else that to stay out of it
00:21:55
was a mistake early on. Um and so they
00:21:58
wanted to pick one and then fight the
00:22:00
others. And so I don't necessarily
00:22:02
everyone's like, "Oh, you're giving away
00:22:04
your seed corn. You're you shouldn't do
00:22:06
this." like I don't quite know what
00:22:08
Disney would do otherwise, right? I
00:22:10
think making an investment, which they
00:22:12
did in Open AI, gives them a stake in
00:22:14
the game, right? They're not going to
00:22:16
get to make a similar investment in
00:22:17
Google. Um, it gives them an ability to
00:22:21
have to have some insight into how this
00:22:24
is going and how it works the way
00:22:26
eventually all the companies did on
00:22:28
YouTube. If you remember, Philipe
00:22:30
Dowman, that really terrible executive,
00:22:32
uh, sued um, YouTube and it just didn't
00:22:35
work out. it was, you know, it just
00:22:36
didn't work out the way they did it. But
00:22:38
rather, they'd rather find an a legal
00:22:41
way to have this work out because
00:22:42
eventually they're going to have to
00:22:43
strike deals with all of them. Um, and I
00:22:46
think being both aggressive and
00:22:47
non-aggressive is probably the right way
00:22:49
to go. But, um, I don't feel like Disney
00:22:51
had another choice. And then it could
00:22:53
could say to open AI whether was able to
00:22:56
do this. you know, if someone's doing
00:22:58
something hinky with uh you know,
00:23:00
Princess Jasmine and this the snowman
00:23:04
from Frozen, you better get it done. You
00:23:06
better get it off kind of thing. So, I I
00:23:08
just feel like they kind of had to do it
00:23:10
and it's the best way to learn on this
00:23:12
stuff and using OpenAI probably they're
00:23:14
more cooperative than a Google might be.
00:23:17
Um but, uh you know, and it's going to
00:23:19
hinder who all these every single
00:23:21
company is going to have a deal like
00:23:22
this presumably. I don't know about or
00:23:25
all of them. will have them with all of
00:23:26
them like they did with YouTube in in
00:23:28
the end.
00:23:30
>> I think you're exactly right. I think I
00:23:31
think this is a good move for both of
00:23:32
them. And
00:23:35
>> um the key here is that
00:23:36
>> there was criticism. There was a lot of
00:23:38
criticism
00:23:38
>> but right now Disney doesn't have the
00:23:40
capital both human both human or
00:23:43
financial capital to build their own
00:23:44
LLM,
00:23:45
>> right?
00:23:46
>> And they want to experiment and it's all
00:23:48
the proof is in the pudding and that is
00:23:49
I'd love to see the terms of this deal.
00:23:50
If I were Disney, I'd want to make sure
00:23:52
we're going to experiment, but you do
00:23:54
not have in any way long-term rights, AI
00:23:56
rights around these characters. It's a
00:23:58
12-month thing. We'll see how it's
00:23:59
working for both of us. But I go back to
00:24:01
the same thing, and that is you want the
00:24:04
deepest pocketed companies in the world
00:24:06
that creating the most shareholder value
00:24:07
are these AI centered companies. You
00:24:09
want as many as possible because you
00:24:12
want Disney to have the ability in 12
00:24:14
months to go to Gemini or to go to Llama
00:24:18
or even to go to one of the Chinese
00:24:20
players and say, "All right, you've seen
00:24:23
what Open AI can do with our characters.
00:24:24
Our two or threeear relationship will be
00:24:26
up in 6 months. Who's got the biggest
00:24:28
check for us?" And otherwise if if
00:24:31
there's only kind of one if there's only
00:24:33
going to be one bidder in AI and the
00:24:34
arms race sort of conotes that they all
00:24:35
sort of believe there might be one
00:24:37
player you want as many biders as
00:24:39
possible otherwise you're going to
00:24:41
further leak human capital from the
00:24:43
creative community the Los Angeles
00:24:44
community and from Disney shareholders
00:24:47
and from consumers to the one player in
00:24:50
open AI. So
00:24:52
>> I'm for I'm for I hope that that a lot
00:24:56
of the content creators get together and
00:24:57
quite frankly partner
00:24:59
>> Yeah. like you say
00:25:00
>> with the number two and just play them
00:25:01
off against each other and always make
00:25:03
sure that there's a really a really
00:25:04
healthy health healthy ecosystem.
00:25:06
>> They didn't do it at the YouTube. Do you
00:25:07
remember when they remember when SNL
00:25:09
when on YouTube, you know, those movie
00:25:11
shorts? It got onto YouTube and YouTube
00:25:14
did everything possible to take it down.
00:25:15
And I remember um YouTube didn't, the
00:25:18
company did, I think SNL did, NBC. I
00:25:20
remember being with NBC executive. I'm
00:25:22
like, "Let it stay there. What are you
00:25:23
talking about? Everyone's talking about
00:25:25
it now, right?" And they just were like,
00:25:27
"We have to take it down. They're
00:25:28
stealing our things." I'm like, well,
00:25:30
make a deal with them. It was I think
00:25:31
the way they handled at the beginning
00:25:33
was something somewhat evil I did when I
00:25:36
was running my all things deconferences.
00:25:38
We had Philippe Dowman when he was suing
00:25:39
YouTube and also Eric Schmidt on um and
00:25:42
I put them back to back with each other
00:25:44
on stage and um Eric Schmidt, Philipe
00:25:47
Dowman wanted to talk to Eric Schmidt
00:25:48
and he Eric ran into the bathroom. He
00:25:50
didn't want to talk to him. Eventually
00:25:52
they settled. Um, but it just seemed to
00:25:55
me the wrong approach at the time. Even
00:25:57
though, let me say, I think Google was
00:25:59
fast and loose with that content in
00:26:01
order to build his business. I think
00:26:02
they stole
00:26:03
>> wasn't compensating anybody back then.
00:26:05
They weren't compensating people.
00:26:07
>> I think they were stealing, but then
00:26:08
they by by the time it was too late and
00:26:10
they should have done deals with him,
00:26:11
but anyway, we'll move on. Um, okay,
00:26:14
Scott, when we come back uh after break,
00:26:17
uh, Oracle has its own code red moment.
00:26:20
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00:27:33
>> Okay, Scott, I'm back. Since we're
00:27:35
talking about red, happy Christmas,
00:27:37
Scott, is that what they say? Happy
00:27:39
holiday. Oh, can we say Christmas again?
00:27:41
>> Of course.
00:27:41
>> Anyway, happy Hanukkah. Happy
00:27:43
everything. This is my hat. I have so
00:27:45
many hats. Look at this. It's kind It's
00:27:46
kind of weird. I'll do this.
00:27:48
>> What do you think? How do I look?
00:27:50
>> Uh, I think you look great. I think uh I
00:27:52
think it's really cute.
00:27:53
>> Yeah, I like it, too. Um I like a I like
00:27:56
a Christmas hat. I have a Grinch hat,
00:27:57
too, by the way. I'll sending it to you.
00:27:59
>> Have you seen these videos?
00:28:01
>> What? Fix my hat.
00:28:03
>> I don't know. It makes me so happy and
00:28:04
it's so wrong. Have you seen these
00:28:05
videos of of grown men dressing up as
00:28:08
Grinch and terrorizing little children?
00:28:10
>> No, no, no. There was one there was one
00:28:13
at the Christmas fair the other day at
00:28:16
where we used to live and kids love the
00:28:18
Grinch.
00:28:19
>> Oh, no. This is trying to terrorize
00:28:21
kids.
00:28:21
>> This is videos of three-year-olds being
00:28:23
traumatized for life
00:28:25
>> by a Grinch character breaking into the
00:28:27
house and stealing gifts and children.
00:28:29
And it is so wonderful and it's so
00:28:32
wrong.
00:28:33
>> I actually I was at a bar and a prosty
00:28:36
walked in and order a glass of wine.
00:28:38
>> Yeah.
00:28:39
>> And the bartender said, "What did you
00:28:41
ask Santa for?" Santa for? And she said,
00:28:43
" $30 just like everyone else.
00:28:47
>> That's not even funny.
00:28:50
>> Never mind. Sorry.
00:28:51
>> You got You got to up your Christmas
00:28:53
[ __ ] jokes." Um anyway, as I said,
00:28:55
Oracle's having his own.
00:28:56
>> He's such an [ __ ] Santa knows where
00:28:58
the naughty girls are and he doesn't
00:28:59
tell anyone else.
00:29:00
>> That's true. Look at Code Red W. Code
00:29:02
Red. The company's stock fell 14% last
00:29:05
week. Ouch. Down 45% from a September
00:29:07
high, which was far too high anyway
00:29:09
after the latest earnings showed soaring
00:29:11
capex and rising debt tied to its
00:29:13
massive AI buildout. Make it all kinds
00:29:15
of bets. Um there was also a report
00:29:17
claiming several Oracle data centers
00:29:19
tied to its 300 billion dollar open
00:29:22
contract uh have been delayed. Uh,
00:29:24
really? Oracle denies the delays. Said
00:29:26
it remains confident ability to meet its
00:29:28
obligations in future expansion plans.
00:29:30
Um, Oracle went a little far on this, I
00:29:33
thought. Didn't you? I don't know. It's
00:29:35
also related. There's a paramount factor
00:29:37
in this. The hostile bid for Warner
00:29:38
Brothers discovery is backed in part by
00:29:40
billions from Oracle co-founder Larry
00:29:42
Ellis. But he isn't he isn't
00:29:43
guaranteeing it the way Elon had a
00:29:45
guarantee his purchase of of Twitter. Uh
00:29:47
Warner Brothers board is concerned that
00:29:49
he didn't do this and plans uh and plans
00:29:52
to contribute equity through a trust.
00:29:53
It's kind of in a gei way. If he's that
00:29:55
rich, he should just put up the money.
00:29:57
Paramount is calling concerns about its
00:29:59
financing absurd. I mean, obviously he's
00:30:01
rich. That's true. But he's if he's that
00:30:03
rich, he should personally guarantee it.
00:30:05
If you're Warner Brothers, are you right
00:30:06
to be concerned about Big Daddy not
00:30:07
giving his personal guarantee? I don't
00:30:09
know, Scott. Both of these things. I
00:30:10
mean, obviously the stock is down rather
00:30:13
significantly, so he's not quite as
00:30:15
rich, but he's still massively wealthy.
00:30:18
>> Yeah. I think I think if it just comes
00:30:20
down to money, uh, and it probably will,
00:30:24
I think that Ellison probably I mean
00:30:26
there's a bunch there's a bunch of play
00:30:28
here. One,
00:30:30
um, so first off, the lesson here, and I
00:30:33
would tell this to anybody listening,
00:30:35
>> and I was told this at a very young age,
00:30:36
and I've lived up to this, and you never
00:30:38
sign a personal guarantee. just never
00:30:41
you don't know what'll happen and it's a
00:30:43
way how smart people it's a way it's
00:30:45
it's how smart rich people go broke
00:30:48
>> you don't know you don't know what can
00:30:50
happen never I I I have never done this
00:30:52
and I would suggest anyone listening
00:30:54
this podcast never sign a personal
00:30:56
guarantee
00:30:57
>> all right and just so people know Elon
00:30:58
did this in the Twitter fight but go
00:30:59
ahead
00:31:00
>> I think it's I think it's just let Elon
00:31:03
do it
00:31:04
>> Ellison has more money personally than
00:31:06
anyone involved because he's been
00:31:08
selling stock and he personally is is
00:31:10
super wealthy not only in stock but in
00:31:12
cash but also Netflix is a bet
00:31:14
constraint too because Netflix's debt to
00:31:17
Ebida to ratio they they have and they
00:31:19
they only have a certain they have cash
00:31:21
flow they manage against that $18
00:31:22
billion a year so I think if it's pure
00:31:25
if these guys go really cra let let me
00:31:27
put this way Ellison can go crazy and
00:31:28
not only that Ellison's about to die
00:31:31
he's an old man
00:31:32
>> so does he really care
00:31:36
like Ted surround
00:31:37
>> that's not according to him he has a
00:31:39
Longevity Institute. He's going to live
00:31:40
forever.
00:31:41
>> Yeah. But Ted Sandos is around for
00:31:42
another 40 years.
00:31:44
>> Yeah.
00:31:44
>> Larry Ellison is not.
00:31:46
>> Yeah.
00:31:46
>> And so quite frankly, I think Larry
00:31:48
Allison is more likely to do what a lot
00:31:50
of old men do, and that is make an
00:31:51
irrational move.
00:31:52
>> Yeah. Interesting. That's interesting.
00:31:54
>> We forget.
00:31:54
>> But I'm saying the Warner board is using
00:31:56
it as a concern. What do you think?
00:31:59
You're in boardrooms. they want. Of
00:32:02
course, when you're a when you're have a
00:32:04
scarce asset, part of the negotiation is
00:32:06
the certainty of close and the certainty
00:32:08
of financing.
00:32:09
>> So, whenever I bought a house, what's
00:32:10
really fun to do is show up with an
00:32:12
allcash offer.
00:32:13
>> Mhm.
00:32:13
>> Right. But most people can't do that.
00:32:15
Most people have put in contingencies
00:32:16
around finding a mortgage. And sometimes
00:32:19
>> and sometimes like a really weak offer
00:32:21
is someone says, "I have contingencies.
00:32:23
Not only do I need to find financing, I
00:32:25
need to sell the house I'm in now to buy
00:32:27
this house." Mhm.
00:32:28
>> So, if he was willing to show up and
00:32:30
say, "I'm the third wealthiest man in
00:32:32
the world and I'm signing a personal
00:32:33
guarantee," then disco, right?
00:32:35
>> So, they're going to want they're going
00:32:37
to want you to do as much as possible.
00:32:39
But, um, yeah, I don't just as a general
00:32:42
rule, you never sign a person.
00:32:44
>> Is that a good excuse for the Warner
00:32:45
Brothers board to say, "Why has it?"
00:32:47
>> Well, Ted Sandos isn't signing a
00:32:48
personal guarantee.
00:32:49
>> No, I get it. But the Ellison's are
00:32:50
making a big deal of their Trump
00:32:51
affiliations, how rich they are. But,
00:32:53
you know what I mean? Like, everybody
00:32:54
has their own little move essentially.
00:32:56
But Ted Serendos is not buying it.
00:32:58
Netflix is, right? And they've made an
00:33:01
offer with stock and cash that is
00:33:04
guaranteed presumably.
00:33:05
>> You know what? I I feel like every
00:33:07
minute I'm like, Paramount's going to
00:33:09
get it. Netflix is going to get it.
00:33:10
Paramount's going to get it.
00:33:11
>> I know. That's what I feel. Yeah. Yeah.
00:33:13
>> I'm I'm having a tough time handicapping
00:33:15
this one. And
00:33:17
>> um I think it's going to be
00:33:19
>> I think Paramount has to get it. Netflix
00:33:21
does not have to. It's not a It's a It's
00:33:23
not even It's an important thing for it
00:33:25
to get, but it's not a mustave.
00:33:28
>> Yeah. You know what got me thinking?
00:33:29
What, Cara? I actually think
00:33:32
>> in the next 90 days.
00:33:34
>> Yeah.
00:33:34
>> If not, maybe not 90. I always got the
00:33:36
timer wrong. I think Disney's going to
00:33:38
be put in play.
00:33:39
>> Oh, yeah. That's what we talked about.
00:33:41
>> Um, and the the likely buyer there will
00:33:43
be Apple. I mean, think, keep in mind,
00:33:45
whoever bulks up here, whether it's
00:33:47
Paramount bulking up or Netflix bulking
00:33:49
up,
00:33:49
>> right? Where does that leave Disney?
00:33:52
Where does that leave Apple? Where does
00:33:54
that leave YouTube? It leaves them less
00:33:58
bulky.
00:33:59
>> Yes, I brought that up with Disney
00:34:00
executives. They're not commenting. But
00:34:02
I agree. They're not big enough. They're
00:34:03
not.
00:34:03
>> And by the way, Disney stock, this it
00:34:06
that would be the biggest
00:34:07
>> take private in history. Disney's
00:34:09
Disney's like 200. They'd have to go up
00:34:11
to like 300. But
00:34:12
>> that'll be hard to get through the
00:34:14
government, period. In whatever
00:34:15
government it happens to be.
00:34:16
>> But Disney, do you know where their
00:34:17
stock is? Their stock's the same place
00:34:19
it was 10 years ago.
00:34:20
>> Yep. I know.
00:34:21
>> And talk about IP. You want to see You
00:34:23
want to see people salivate over IP,
00:34:25
>> right? Right.
00:34:26
>> I mean, Darth Vader to Moana. I mean,
00:34:28
>> Moana live is coming out to come out.
00:34:30
>> Those parks, you want to talk about We
00:34:32
were just talking with Zootopia, by the
00:34:34
way. It continues to win in many ways,
00:34:36
but
00:34:36
>> and you want to talk about a moat around
00:34:38
Adams versus Bits, the parks. Jesus
00:34:40
Christ. If I said to you, if I said to
00:34:43
you, okay, one of these things is down
00:34:45
by 50% in three years. It's either
00:34:47
Netflix subscribers or Park Attendants.
00:34:49
What would you pick?
00:34:50
>> Oh, of course Netflix. Well, I don't
00:34:52
know.
00:34:53
>> People love them Netflix. They do love
00:34:55
them Netflix. And it also has the Taylor
00:34:57
Swift era's documentary on it. So,
00:35:00
>> Oh, no. That's No, that's on Disney.
00:35:01
That's on Disney.
00:35:03
>> That's on Disney.
00:35:04
>> I think the parks I think the parks are
00:35:05
the are the literally the crown jewel in
00:35:07
the Disney portfolio.
00:35:08
>> Yeah. Well,
00:35:09
>> I mean, keep in mind, they were buying
00:35:11
land in Florida for the better part of
00:35:13
decade under false LLC's.
00:35:15
>> Yeah. to amass millions and millions of
00:35:17
acres.
00:35:18
>> They're very clever people. But let me
00:35:19
let go back to the Oracle stock. It's
00:35:21
really falling and like this these
00:35:23
commitments they have are massive.
00:35:25
>> Okay. But okay, meanwhile though it's
00:35:28
it's it's flat over the past year. So,
00:35:31
okay, it's back to where it was.
00:35:33
>> Yeah.
00:35:33
>> In June.
00:35:34
>> So, we always talk it it's dropped
00:35:37
dramatically from a massive spike. And
00:35:40
the head fake here was Sam Alman and
00:35:43
Larry Ellison and announcing a quote
00:35:45
unquote framework for a $300 billion
00:35:48
purchase in compute. I would love to see
00:35:50
the terms of that contract.
00:35:52
>> I think that was nothing but a joint
00:35:53
press release. It's like when famous
00:35:55
people date each other. Their publicists
00:35:57
are really dating each other.
00:35:59
>> This is it's like they're not [ __ ]
00:36:00
their publicists are [ __ ] and thought
00:36:02
it would be got a great press release to
00:36:04
say, you know, Chris Hemsworth is
00:36:05
dating. You know,
00:36:08
>> I'll tell you of all the stocks though,
00:36:10
if they get hit, Oracle will be the one
00:36:11
that gets hit the most.
00:36:12
>> Oh, it's already been hit pretty well,
00:36:14
it's down, what is it down 40% in a
00:36:16
month or something like that, something
00:36:17
like that.
00:36:17
>> But it has a great core business. Um,
00:36:20
>> anyways, the the
00:36:22
>> the I I think all of media now
00:36:25
>> is in play and whoever whoever ends up
00:36:28
owning this,
00:36:29
>> the other guys are severely diminished.
00:36:32
If Paramount doesn't get this, they've
00:36:34
got to go shopping. They got to get
00:36:36
sold.
00:36:36
>> And then there's And then there's keep
00:36:37
in mind the player we're not talking
00:36:40
about.
00:36:40
>> I think Apple has invested enough in
00:36:42
Apple TV Plus that it can't let it just
00:36:44
die, right?
00:36:45
>> And it's a distant fifth now. But it's
00:36:48
owned by a company worth $3.5 trillion.
00:36:50
>> Well, the the CEO the new CEO will have
00:36:52
to This isn't going to be a Tim Cook
00:36:54
one. It's going to be the new CEO making
00:36:56
a big move, right? Presumably, whoever
00:36:58
that happens to be.
00:37:00
>> Yeah. I could also see
00:37:01
>> and also it'll have to be a different
00:37:02
CEO than Bob Iger. He won't do this. I
00:37:04
could see an activist coming in retire
00:37:06
soon.
00:37:06
>> I don't know. There's there's
00:37:08
>> it is just going to be whoever gets
00:37:10
this, it will inspire a lot of chess
00:37:14
playing by the other players because if
00:37:15
Paramount
00:37:16
>> if Netflix isn't if you want to talk
00:37:18
about all of a sudden the Paramount
00:37:20
acquisition looks like they dramatically
00:37:22
overpaid. The day Netflix HBO closes,
00:37:25
>> Paramount Plus just looks [ __ ]
00:37:27
>> They look [ __ ] And they have to they
00:37:29
have to joint mob up with someone and
00:37:31
there's no mobbing. And because I think
00:37:32
Disney either goes to Apple or it goes,
00:37:34
you know, if Netflix doesn't get this,
00:37:35
you could see Netflix and Apple, I mean
00:37:37
Disney coming together, too.
00:37:39
>> You can see.
00:37:40
>> Yeah. That would be a merger because I
00:37:41
think I think uh Netflix is
00:37:44
>> another thing the government probably
00:37:45
>> 400 and and Disney's at 200.
00:37:48
>> Yeah.
00:37:49
>> But we're now in a point where the
00:37:50
unthinkable in terms of size of
00:37:52
acquisition.
00:37:53
>> Yeah.
00:37:54
>> Disney used to be too big to acquire.
00:37:56
That's no longer true.
00:37:57
>> Yeah. Get ready, Elizabeth Warren.
00:37:59
You're gonna have some stuff. You know
00:38:00
who could I mean Christ um what Micros
00:38:06
here that these things some of the
00:38:08
biggest everything now it's technology
00:38:10
in the seven dwarfs everything's being
00:38:12
run
00:38:13
>> and dictated by the wealth or paper loss
00:38:16
is Oracle who would have thought that
00:38:18
the likelihood
00:38:19
>> that Paramount would buy
00:38:23
>> um Warner Brothers would be based on
00:38:25
Oracle kid and his daddy right it's just
00:38:28
because it's a rich kid and his daddy
00:38:30
makes no economic sense.
00:38:31
>> Oracle's ability to position themselves
00:38:34
as the number two infrastructure player
00:38:36
is the fulcrum of the acquisition of
00:38:38
Batman.
00:38:38
>> I know it's crazy. It's gonna remember
00:38:40
many years ago. You don't remember?
00:38:41
>> My mind is blown, Cara.
00:38:42
>> When AT&T was doing that Comcast thing,
00:38:45
I said they're not still not they're
00:38:47
none of them are going to be big enough.
00:38:48
Years ago, I said this. They're not
00:38:50
going to be big enough. And so all these
00:38:52
antirust people are going to have a hard
00:38:53
time stopping.
00:38:54
>> And don't count the Roberts out. Yeah,
00:38:56
>> you don't become billionaires in
00:38:57
Philadelphia unless you have killed a
00:38:59
lot of people and are really smart
00:39:00
>> and you're really nice people, too.
00:39:02
You're very friendly for killers.
00:39:03
Anyway, all right, let's go on a quick
00:39:05
break. We come back. Donald Trump's new
00:39:07
AI executive order. Okay, Scott, we're
00:39:10
back after a little ball adjustment.
00:39:12
Little white balls.
00:39:13
>> I thought I felt something.
00:39:15
>> I got
00:39:15
>> Just maintain eye contact.
00:39:16
>> Is that how big your ball is?
00:39:18
>> Your Christmas ball. I made course.
00:39:21
>> Anyway, we're back. We're back. Anyway,
00:39:23
President Trump just signed an AI
00:39:25
executive order to effectively neuter
00:39:27
individual state laws regulating
00:39:29
artificial intelligence. The order
00:39:30
directs the DOJ to sue states and
00:39:32
overturn laws that do not support quote
00:39:34
the United States global AI dominance.
00:39:37
Trump is also directing federal
00:39:38
regulators to withhold funds for
00:39:40
broadband and other projects if states
00:39:41
keep their laws in place. Child safety
00:39:43
laws are exempt from this order, at
00:39:44
least for now. the order, which has
00:39:46
sparked opposition on both sides of the
00:39:47
aisle, is likely to be challenged in
00:39:49
court on the grounds that it's idiotic
00:39:51
that only Congress has the authority to
00:39:52
override state laws. Uh Trump has been
00:39:55
complaining about a patchwork of state
00:39:57
AI laws. So have I, by the way, Donald.
00:39:58
But do you think he and David Saxs, who
00:40:00
really pushed this, will actually uh
00:40:02
push to get a federal law? No, I do not.
00:40:04
This is all about politics and not about
00:40:06
policies. Uh it's an issue dividing
00:40:08
Republicans, too. Governor Ronda Santis
00:40:10
called this executive order a big
00:40:11
subsidi a subsidy to big tech, and he's
00:40:13
right. Marjorie Taylor Green's against
00:40:15
it. A whole pack of people on both sides
00:40:17
against it. And frankly, it's just it's
00:40:19
it's going to be stopped in courts. And
00:40:21
and that's the problem is that they
00:40:23
don't want to pass federal laws that
00:40:25
would be make sense. And instead, they
00:40:28
just want to play politics of power here
00:40:30
so that they don't get they want to stop
00:40:32
all regulation is what they want. But
00:40:34
they're not interested in regulation.
00:40:35
They're interested in stopping all
00:40:37
regulation, which is not the same thing,
00:40:39
which is politics and not policy. So,
00:40:41
this is going to be going to go into
00:40:43
court and then by in by November,
00:40:45
Trump's not going to be able to do any
00:40:47
of this crap. So, that's and and he's on
00:40:50
the downward hill. So, obviously um that
00:40:53
none of this is going to work. So,
00:40:54
sorry, David Saxs. Good try though. Good
00:40:57
try. So, we'll see. Go ahead. You go
00:40:59
ahead.
00:40:59
>> Yeah, I think I think you're right. And
00:41:01
that is
00:41:03
um the government is a big fan of states
00:41:05
rights when it comes to gun control or
00:41:07
bodily autonomy, but all of a sudden
00:41:08
they've decided we need mandatory
00:41:10
federal legislation around or regulation
00:41:12
around AI. And this is
00:41:13
>> we don't have
00:41:14
>> and this is the mandatory federal
00:41:16
regulation they'll have
00:41:18
>> dick. They won't have anything.
00:41:19
>> They won't have dick. they won't have
00:41:21
dick
00:41:22
>> because effectively the Trump
00:41:24
administration's ability to send secret
00:41:26
police into cities and the entire
00:41:29
economy is a giant bet on AI and so they
00:41:31
don't want any regulation that gets in
00:41:33
the way of their thoroughbreds running
00:41:35
and you're going to see in my view and
00:41:37
this is one of my predictions for 26
00:41:39
you're going to see what is positioned
00:41:41
as an investment but effectively will be
00:41:43
a bailout of these guys in the form of
00:41:44
governmentbacked debt to continue this
00:41:47
this this crazy champagne and cocaine
00:41:50
disco party of data centers and chip
00:41:54
acquisition. But essentially, the Trump
00:41:57
administration has said, I don't care if
00:41:59
it means leaking capital from the 490 of
00:42:02
the S&P 500 to the 10. He's all in on
00:42:05
AI. And uh the last thing they're going
00:42:08
to let happen or they're going to try
00:42:10
and let happen is any sort of
00:42:11
regulation. And it's insane that we're
00:42:13
not looking at synthetic relationships.
00:42:15
It's insane that we're not looking at
00:42:17
>> Well, some states are, not our
00:42:19
government, but not our federal
00:42:21
government. Some states are starting to
00:42:22
do this, and that's why they want to
00:42:24
stop it.
00:42:25
>> Well, that's right. And they're claiming
00:42:26
that it's it's that we need one unified
00:42:29
I having a unified operating system and
00:42:31
something as complicated as AI across
00:42:33
the 50 states. Makes sense. The problem
00:42:35
is that's just a false flag. They just
00:42:37
want no regulation.
00:42:38
>> That's right. That is correct. That is
00:42:40
correct. These people, the you remember
00:42:42
that Bond movie, The World is Not
00:42:44
Enough. That's what they are.
00:42:45
>> I just remember the Bond girls. Who was
00:42:47
the Bond girl in it?
00:42:48
>> I don't remember. That wasn't on top.
00:42:50
Was it
00:42:52
>> on top? On a top. On a top. That wasn't
00:42:54
that one. I don't remember who it was.
00:42:56
>> Oh, it was Pierce Brosman.
00:42:58
Um Oh, so Sophie Maro. Oh, Denise
00:43:01
Richards was
00:43:02
>> No, no, no. That was later. That's with
00:43:03
uh that's with Daniel Craig.
00:43:05
>> Denise Richards.
00:43:07
>> No, no, she's in the one with the bomb.
00:43:09
>> Oh, really?
00:43:09
>> Yeah. She's remember she's a nuclear
00:43:11
physicist.
00:43:11
>> I don't know. Best names ever.
00:43:14
Christmas. She was Christmas. She was
00:43:16
some merry Christmas or something like
00:43:17
that was her name. So excited about the
00:43:19
next bond. Anyway, um yeah, this is what
00:43:22
we feel. This is a [ __ ] David Zach.
00:43:24
Sorry, but good try. Good try. It's not
00:43:26
going to work. It's going to get sucked
00:43:27
up into court and then your big daddy
00:43:29
Trump is going to be on the downhill
00:43:30
slide. So, you're trying your best to
00:43:32
get something happening before that. But
00:43:33
you're not going to make fetch happen.
00:43:35
It's going to get stopped in the court
00:43:36
and it's has bipartisan support from at
00:43:39
some point they're gonna the Congress is
00:43:41
going to reach down and feel its balls
00:43:42
and stop all this nonsense. Anyway, uh
00:43:45
one more quick break. We'll be back for
00:43:47
wins and fails. Okay, Scott, some wins
00:43:49
and fails. Would you like me to go
00:43:51
first?
00:43:51
>> You go first.
00:43:52
>> Okay. My fail um was this measles
00:43:56
outbreak um uh in South Carolina is
00:43:59
accelerating with over a 100 reported
00:44:01
cases. Even Fox News put up a a thing
00:44:04
that that measles has gone up I think
00:44:06
it's 14,000%
00:44:08
in the Trump administr this new Trump
00:44:10
administration. The fact that anyone's
00:44:12
getting measles at all is like to become
00:44:15
best friend to measles is astonishing.
00:44:17
These are many of these diseases are
00:44:19
diseases we have solved many years ago
00:44:21
and decades ago. and and the fact that
00:44:24
people are getting measles which is very
00:44:26
deadly everybody just so you know it's
00:44:28
not just you know sometimes it's just
00:44:30
spots on your face a lot of times it's
00:44:32
incredibly debilitating or or fatal um
00:44:36
the fact that they're accelerating South
00:44:38
Carolina in Texas all these places will
00:44:40
you people get a [ __ ] m measles
00:44:43
vaccine like it it really is oh the
00:44:46
efficacy is so great and the the the
00:44:49
rarity of any problems and as is showing
00:44:51
what's happening is a lot of this data
00:44:53
that they're showing where COVID is a
00:44:55
problem or there were 10 deaths, it's
00:44:56
all it's really nonsense data. They're
00:44:59
lying to you about this in order to pass
00:45:02
what they get. And Robert Kennedy, he
00:45:04
will get a pardon by Trump, but he
00:45:06
should go to jail for what he's been
00:45:07
doing. Um, that's my feeling. As I've
00:45:09
said, my win I I was going to say um the
00:45:12
gay hockey show. He did Rivalry, which I
00:45:15
think you'll like. It's hockey wives
00:45:17
with men. Yeah, it's a really hot gay
00:45:19
hot. It's in Canada has brought us a
00:45:22
tale of forbidden love between hockey
00:45:24
players and it is very hot. Let me just
00:45:27
say it's very very hot and I am not a
00:45:30
big afficionado of of gay porn but there
00:45:33
you have it. Um it's really it's well
00:45:35
it's it's like romance porn.
00:45:36
>> It's not your genre.
00:45:37
>> It's not my genre but I like it. But I I
00:45:40
was going to give it to that, but I have
00:45:41
to say again, you've got me on to this.
00:45:44
This episode of Plurabus, the gap
00:45:48
>> was a st people either don't like it or
00:45:50
like it. Nothing happens in this
00:45:52
episode, but it does.
00:45:54
>> There there's no words. They don't The
00:45:56
two characters, this guy coming up from
00:45:58
Paraguay and uh Ria Ria Seahhorn, who's
00:46:01
amazing as Carol um was just it was so
00:46:05
beautiful an episode. It takes so much
00:46:07
guts, as you said, Vince Gillian, in the
00:46:09
middle of your hit season. And by the
00:46:11
way, I think this will end up being the
00:46:13
most important thing Apple's done and
00:46:15
possibly on streaming right now. Um, in
00:46:18
the middle of your season, you pull this
00:46:20
[ __ ] I love it. I'd love every bit of
00:46:22
it. It was so I think about it all week.
00:46:24
Every single aspect of those shows and
00:46:26
the things they do. And if I were Carol,
00:46:29
a lesbian stuck by myself, I would I too
00:46:32
would golf into a window. I would drive
00:46:35
golf wigs into a skyscraper window and
00:46:37
really enjoy doing it. And I just I I
00:46:41
love both characters. Um and I'm excited
00:46:44
for them to meet um I assume in the next
00:46:45
episode. But I got to say it takes a set
00:46:49
speaking of balls again and not pucks um
00:46:52
to do this to do the way they did it.
00:46:53
All right, that's my win. Go ahead.
00:46:55
>> Uh so I'll start with my fail. My fail
00:46:59
is Face the Nation's uh incredibly odd
00:47:04
framing of a question to Senator Bill
00:47:06
Cassidy this past Sunday that literally
00:47:09
I love Margaret Brennan. I love Face the
00:47:11
Nation. It's one of the many ways I
00:47:13
communicate to my sons that I'm 140
00:47:15
[ __ ] years old as I I love watching
00:47:17
Face the Nation. But I asked the team to
00:47:20
just ceue up this one question. Do we
00:47:22
have the question? CBS has confirmed
00:47:25
that there are no ongoing safety studies
00:47:27
into the abortion drug mythopristone.
00:47:30
This was despite the Trump
00:47:31
administration saying they were going to
00:47:33
conduct one. Um and anti-abortion groups
00:47:37
want this review to take place. I saw a
00:47:40
letter the FDA commissioner sent to you
00:47:43
last week claiming they are reviewing
00:47:45
the evidence. Do you believe him? And
00:47:48
and if not, what are you doing about it?
00:47:51
That is nothing but whitewashed Sunday
00:47:54
morning
00:47:56
Vaseline over wholesale misogyny.
00:48:01
The framing of the question
00:48:04
are there ha has the FDA
00:48:07
um made conducted investigations? No,
00:48:10
they haven't conducted investigations
00:48:12
into Advil or ariththramiasin either.
00:48:15
Why?
00:48:16
because this is an FDA approved drug
00:48:20
that the American College of of
00:48:22
Obstitricians and Gynecologists and
00:48:24
other leading medical organizations have
00:48:27
stated that mythopristone is an open
00:48:30
quote incredibly safe medication
00:48:35
and that complications are exceedingly
00:48:38
rare, usually minor and easily
00:48:42
treatable. As a matter of fact, and
00:48:44
there's peer-reviewed research on this,
00:48:47
the US death rate from childbirth is
00:48:50
about 14 times higher than from any
00:48:54
legally induced abortion. All methods,
00:48:57
including the safest, which is um myth,
00:49:02
excuse me, which is mythopristone. And
00:49:05
to frame it as
00:49:08
oh, there's a concern. they aren't they
00:49:10
aren't looking at this investigating it
00:49:13
is a such an incredible far-right
00:49:17
talking point that somehow to claim that
00:49:21
you give a flying [ __ ]
00:49:24
about women's health by undermining
00:49:28
women's health by sewing doubt of which
00:49:31
there is no medical evidence that lends
00:49:35
any veracity to that doubt. It's called
00:49:36
reporting. And they're not doing it at
00:49:38
the current CBS news as well.
00:49:40
>> They're taking a heritage talking point.
00:49:43
>> That is right.
00:49:43
>> And sewing doubt from a show and a a
00:49:48
journalist who never used to do this
00:49:51
[ __ ]
00:49:52
>> She also has done it several times since
00:49:54
the purchase by Paramount, which I
00:49:56
warned you about. It gives me no
00:49:57
pleasure. But Margaret, what in the
00:49:59
actual [ __ ] are you doing? Go ahead. But
00:50:02
the framing of this question creates
00:50:04
doubt around this drug.
00:50:06
>> Yes, that's the point.
00:50:07
>> Which is it? It it is it is such it is
00:50:10
so irresponsible and such an abuse of a
00:50:13
brand that has taken correct that has
00:50:15
taken decades.
00:50:16
>> Just asking questions, Scott. Just
00:50:18
asking that is the attitude towards the
00:50:20
people who run CBS News.
00:50:21
>> Asking a conservative senator correct a
00:50:24
a talking point that somehow frames it
00:50:26
as your concern. If she if they were to
00:50:28
say people on the far right believe that
00:50:31
uh this this is this is murder and they
00:50:33
want it looked into or okay fine but to
00:50:37
pretend this is about women's health
00:50:40
under the opice of trying to create
00:50:43
doubt around a very effective means of
00:50:47
bodily autonomy which is the definition
00:50:50
of women's health is just I mean I I I'm
00:50:55
holding CBS the the the show and quite
00:50:59
frankly Margaret Brennan what the [ __ ]
00:51:02
are you thinking?
00:51:03
>> I my sentiments exactly the Margaret
00:51:06
Brennan is a star.
00:51:08
>> You have leverage.
00:51:10
>> You should not be reading the talking
00:51:12
points from project 2025.
00:51:15
>> This one was repulsive. It really is. I
00:51:17
appreciate Scott. I love you. I love
00:51:19
you.
00:51:19
>> I stopped the show and I'm like did I
00:51:21
just hear this correctly?
00:51:23
>> That's correct. And I went on I went on
00:51:24
YouTube and on threads and I'm like what
00:51:26
the [ __ ] What the actual and it's so
00:51:29
dis Anyway, I'm I'm going to move on.
00:51:31
>> Well, I'm just saying they had they had
00:51:34
the whole the whole CBS News page was an
00:51:36
a nothing burger of an Erica Kirk
00:51:38
interview. So I told I told you this
00:51:41
would happen, but go ahead.
00:51:42
>> I was right.
00:51:43
>> I was right.
00:51:44
>> And I was right. The new
00:51:45
>> They're not reporters. They're like
00:51:47
>> the new novel from from
00:51:50
>> questions at everyone without any
00:51:52
backing. Let's be honest.
00:51:53
>> This is my win. And this isn't about me
00:51:55
because
00:51:55
>> Okay, I want to win. I want to win.
00:51:56
>> Okay, this this really is a win.
00:51:58
>> It's the gay hockey players.
00:51:59
>> Gawky. Oh, that's great.
00:52:01
>> Uh, so,
00:52:03
um,
00:52:04
>> Merry Christmas balls.
00:52:06
>> I didn't know that a lot of gay balls in
00:52:08
that show.
00:52:08
>> I didn't know the gay I didn't know
00:52:09
there were a lot of gay hockey.
00:52:11
>> All the people are talking about it.
00:52:12
>> Well, I I do. I mean, they do suck a
00:52:14
mean dick. That question that joke never
00:52:17
gets old.
00:52:18
>> Anyway, so my win is car, I'm at that
00:52:21
age. I posted on Instagram uh and this
00:52:24
isn't this isn't this isn't about me.
00:52:26
It's not a big loss for me. The
00:52:28
individual I'm about to talk about I
00:52:29
haven't seen in decades, but there was a
00:52:31
core group of eight of us in the
00:52:33
fraternity and uh one of them is Brad
00:52:35
Luff who passed away this week after a
00:52:37
battle with um pancreatic cancer. And
00:52:39
obviously that's not my win and I want I
00:52:41
I I don't want it's not a it's not a big
00:52:44
loss for me. I haven't seen Brad in 30
00:52:45
years. But my win is the following. My
00:52:47
win is a a close friend named David
00:52:50
Kingsdale who was part of our core
00:52:52
group. And the last few years uh Brad uh
00:52:55
had struggled uh on a number of levels
00:52:57
including uh in terms of his
00:52:59
relationships with his family and David
00:53:02
who is this he was president of our
00:53:03
fraternity, captain of our football
00:53:05
team, just like the ultimate kind of
00:53:08
like aspirational alpha male and a
00:53:10
really decent man. He had spent the
00:53:12
better part of the last two years
00:53:15
coordinating um and caring for Brad in
00:53:17
terms of his health care. Uh I would get
00:53:20
a call from David. This couldn't have
00:53:22
been easy for David and say, "Do you
00:53:24
know anyone at Cedars? I'm trying to get
00:53:25
him into the right physical therapy. Do
00:53:27
you know anyone? Do you know a surgeon
00:53:29
here? He was there have been studies
00:53:31
showing that the most important thing in
00:53:34
health care is that you have an advocate
00:53:36
and that is you have someone who loves
00:53:37
you and someone who's looking out for
00:53:39
you." And here was David Kingsdale
00:53:42
looking after bread. Anyways, the the
00:53:45
you know, I think a lot about happiness
00:53:47
and I just had David Brooks on my
00:53:49
podcast and the biggest studies of its
00:53:53
kind all say that happiness comes down
00:53:56
to um the number of deep and meaningful
00:53:59
relationships. That's not a spoiler. uh
00:54:02
or that seems somewhat obvious, but the
00:54:04
wrinkle in it that's really interesting
00:54:06
is that the happiest people aren't the
00:54:08
ones who are loved the most. It's the
00:54:11
ones that have the most people to love,
00:54:13
right? That find that find relationships
00:54:17
where they find people who will love
00:54:18
them. William Macy has a great line in
00:54:20
the film Magnolia where he says, "I have
00:54:22
love to give. I just don't know where to
00:54:23
give it." And I was I've been thinking a
00:54:26
lot about David. He just demonstrated so
00:54:28
much character when Brad was so
00:54:30
vulnerable. Here was a guy really
00:54:32
competent guy who he's known for 40
00:54:34
years calling everyone
00:54:37
uh finding finding helping raise money
00:54:39
for Brad finding the right doctors and
00:54:42
this is a guy with his own life his own
00:54:43
career his own wife and his own kids and
00:54:46
it just got me thinking that the
00:54:47
happiest people are able to find others
00:54:49
where they can put a lot of love.
00:54:50
Anyways, my win is David Kingsdale who
00:54:53
found a uh who placed a lot of love and
00:54:56
regard and gave a lot of comfort to our
00:54:59
friend Brad Love at the end of his life.
00:55:02
So, my win is David Kingdale.
00:55:05
>> Oh, that's lovely, Scott. That is It's
00:55:06
time. This is the time especially when
00:55:08
we should be thinking about that stuff.
00:55:10
>> So, our friends are dying, Cara. It's so
00:55:12
weird.
00:55:13
>> It's true. It's true. That's the way it
00:55:15
goes. But not today. Not us.
00:55:17
>> Not today.
00:55:18
>> Not today. And by the way, Scott, I
00:55:20
would take care of you because that's
00:55:23
>> I'll count on that.
00:55:24
>> Just bring Just bring the hat.
00:55:26
>> Some It's going to be some facelift.
00:55:28
>> I need you to do two things. I need you
00:55:29
to bring the hat and Emily Rodic.
00:55:31
>> I will. I will bring her. If you are If
00:55:34
you had some facelift gone ary as That's
00:55:37
how it's going to go.
00:55:37
>> That's a good chance.
00:55:38
>> That's a good chance. Some Joan Rivers
00:55:40
action. Me and George Pond will do
00:55:43
everything it takes to get Emily
00:55:44
Ratakowski at your bedside with this
00:55:46
hat. I love this hat. I'm going to send
00:55:48
it to you. I appreciate that.
00:55:50
>> Has a single white ball. That's how you
00:55:52
operate. Look at this. See?
00:55:53
>> Um anyway, um well, that's a lovely
00:55:56
that's a lovely thing to say, but again,
00:55:58
I feel my gay pucks are much better.
00:56:01
Okay, we want to hear from you. Send us
00:56:03
your question about business, tech, or
00:56:04
whatever is on your mind. Go to
00:56:05
nymag.com/pivot to submit a question for
00:56:08
the show or call 8551 pivot. and
00:56:10
elsewhere in the Karen Scott universe.
00:56:12
This week on on with Cara Swisser, I
00:56:14
spoke with podcaster and neuroscientist
00:56:16
Sam Harris. We talked about why so many
00:56:18
tech billionaires have embraced Trump's
00:56:20
authoritarian politics. Of course we
00:56:21
did. Let's listen to a clip.
00:56:23
>> No one ever has to give a rational
00:56:26
accounting of how their views have
00:56:27
changed. I mean there, you know, after
00:56:29
January 6th, some of the guys on the um
00:56:32
the All-In podcast, I think I think it
00:56:34
was Chimath most vocally, you know, in
00:56:38
the aftermath of January 6th, I think he
00:56:40
said that, you know, Trump should be in
00:56:42
jail for the rest of his life, right?
00:56:44
It's like, so how these guys went from
00:56:46
there to where they are now is has never
00:56:49
been explained, right? and they feel no
00:56:51
burden to explain it because they have
00:56:53
cultivated audiences that simply don't
00:56:56
care about these kinds of, you know,
00:56:58
ethical issues.
00:56:59
>> Now we're doing this. Now we're doing
00:57:00
this. Yeah, I think that was great. And
00:57:02
he also noted that they will go right
00:57:03
back and pretend it never happened when
00:57:05
things go dark, which they are slow.
00:57:07
>> He's a role model of my I mean a genuine
00:57:09
role model. I love
00:57:10
>> Yeah, he and I used to beef all the
00:57:11
time. This was it's so much allies have
00:57:13
changed so drastically. I have to say
00:57:15
both he and Ival Harrari who were very
00:57:17
tight with the tech bros um have been
00:57:19
have been courageous to push up against
00:57:21
them which Sam has to his detriment I
00:57:25
would suspect we
00:57:26
>> Sam is literally the personification of
00:57:28
a moral compass. Yeah,
00:57:30
>> he has his principles and he just never
00:57:32
wavers from them. I find he's the least
00:57:34
perverted adulterate. Money has had the
00:57:36
least he's very successful
00:57:38
>> and the guys he's referencing are a a
00:57:42
moral compass gone haywire.
00:57:44
>> Yeah. And
00:57:45
Everything they say in the moment can be
00:57:46
reverse engineered to what they believe
00:57:48
will make them richer at that moment.
00:57:49
>> That's right. Yeah. I have to say we
00:57:51
were we I it was a really interesting
00:57:53
discussion. Um okay, that's the show. Uh
00:57:56
let me just say this is our last one
00:57:58
before 2026 because we have taped two
00:58:00
shows, a listener episode and a
00:58:02
predictions episode and we are taking a
00:58:04
few days off on Christmas and New
00:58:06
Year's. And Scott of course is traveling
00:58:08
the world. I'm just going to San
00:58:10
Francisco with my family. Um, but we uh
00:58:13
we wish you uh uh happy holidays,
00:58:16
however you celebrate and um we love our
00:58:19
fans and we love each other of course
00:58:21
and that goes without saying and we've
00:58:23
had a great year. Don't you think Scott
00:58:24
with our tour, our numbers are going up.
00:58:27
We having the best time. I think it's
00:58:29
been a great I mean for a terrible 2025.
00:58:31
It's been a
00:58:32
>> Yeah, we've had a wonderful year thanks
00:58:34
to you and the and we hope to have a
00:58:36
wonderful 2026. We're going to be
00:58:37
together for another year at least um uh
00:58:40
until the until whenever. Um anyway,
00:58:43
thanks for listening to Pivot and be
00:58:45
sure to like and subscribe to our
00:58:46
YouTube channel. We'll be back on Friday
00:58:48
with a wonderful listener mail segment
00:58:51
in which Scott, as you might imagine,
00:58:53
cries. Anyway, uh Scott, I love you.
00:58:57
>> Happy holidays, happy 2025, and happy
00:59:01
next year. And I'll see you next year.
00:59:03
Read us out.
00:59:03
>> Yeah, I look forward to it. Today's show
00:59:04
is produced by Larara Name and Zoe
00:59:06
Marcus and Taylor Griffin. Ernie and
00:59:08
Todd engineered this episode. Rich
00:59:09
Shipley edited the video. Thanks also to
00:59:11
Jabros and Dan Shalon. Nishak Kuras, Vox
00:59:14
Media's executive producer of podcast.
00:59:16
Make sure to follow Pivot on your
00:59:17
favorite podcast platform. Thanks for
00:59:19
listening to Pivot from New York
00:59:20
Magazine and Vox Media. You can
00:59:22
subscribe to the magazine at
00:59:23
nymag.com/pod.
00:59:25
We'll be back later this week for
00:59:26
another breakdown of all things tech and
00:59:28
business. We want to wish you in 26 the
00:59:31
key to happiness and that is you find
00:59:33
people and things to place an immense
00:59:36
amount of love. Happy new year.