Gas Prices Reach A 4 Year High, But Are The Prices Fabricated? & Is the War In Iran Finally Over?

episode of the Tom Billy Show live. We episode of the Tom Billy Show live. We are doing it everybody. It is wild times are doing it everybody. It is wild times are doing it everybody. It is wild times depending on what you believe. That's depending on what you believe. That's depending on what you believe. That's going to be the topic of today. going to be the topic of today. going to be the topic of today. Operation Epic Fury has concluded. Operation Epic Fury has concluded. Operation Epic Fury has concluded. Operation Freedom has been paused. And Operation Freedom has been paused. And Operation Freedom has been paused. And we're supposedly close to a one-page we're supposedly close to a one-page we're supposedly close to a one-page deal that would end the war. Now deal that would end the war. Now deal that would end the war. Now personally, I smell BS. So we'll be personally, I smell BS. So we'll be personally, I smell BS. So we'll be getting into that because oil prices are getting into that because oil prices are getting into that because oil prices are back up as the market is already back up as the market is already back up as the market is already beginning to question if we're as close beginning to question if we're as close beginning to question if we're as close to a deal as the Trump admin would like to a deal as the Trump admin would like to a deal as the Trump admin would like us to believe. And when you know it, us to believe. And when you know it, us to believe. And when you know it, it's all happening right as a 10-year it's all happening right as a 10-year it's all happening right as a 10-year bond bond bond crosses or gets ready to cross that crosses or gets ready to cross that crosses or gets ready to cross that magical 4.5% magical 4.5% magical 4.5% rate. Hmm, so many things can be rate. Hmm, so many things can be rate. Hmm, so many things can be clairvoyantly seen if you're only clairvoyantly seen if you're only clairvoyantly seen if you're only looking at the markets. A new AI company looking at the markets. A new AI company looking at the markets. A new AI company is claiming to have made a massive is claiming to have made a massive is claiming to have made a massive breakthrough in AI architecture that, by breakthrough in AI architecture that, by breakthrough in AI architecture that, by the way, if this one is true, would the way, if this one is true, would the way, if this one is true, would truly be a game-changer. But it's going truly be a game-changer. But it's going truly be a game-changer. But it's going to be a heavy uh emphasis on if this is to be a heavy uh emphasis on if this is to be a heavy uh emphasis on if this is true. We'll see. More on that coming up. true. We'll see. More on that coming up. true. We'll see. More on that coming up. 12.4% 12.4% 12.4% of US adults are on GLP-1s. of US adults are on GLP-1s. of US adults are on GLP-1s. What could possibly go wrong? Do you What could possibly go wrong? Do you What could possibly go wrong? Do you like Ozempic face, Drew? like Ozempic face, Drew? like Ozempic face, Drew? >> [laughter] >> [laughter] >> [laughter] >> Is that what you look for? It's just >> Is that what you look for? It's just >> Is that what you look for? It's just spreading out through the country. spreading out through the country. spreading out through the country. >> to know. Do you have Ozempic face? Cuz >> to know. Do you have Ozempic face? Cuz >> to know. Do you have Ozempic face? Cuz if you don't, you're not on Drew's dance if you don't, you're not on Drew's dance if you don't, you're not on Drew's dance card. That's [laughter] just how it's card. That's [laughter] just how it's card. That's [laughter] just how it's going to be. A young woman is uh going to be. A young woman is uh going to be. A young woman is uh reminded in a very potent way that reminded in a very potent way that reminded in a very potent way that she'll own nothing and be happy as HP she'll own nothing and be happy as HP she'll own nothing and be happy as HP remotely shuts off her home printer. And remotely shuts off her home printer. And remotely shuts off her home printer. And some conspiracy corner time with Bill some conspiracy corner time with Bill some conspiracy corner time with Bill Gates who is being accused of Gates who is being accused of Gates who is being accused of uh manipulating ticks to make us all uh manipulating ticks to make us all uh manipulating ticks to make us all allergic to red meat. Huh. allergic to red meat. Huh. allergic to red meat. Huh. That's interesting. It's good times, That's interesting. It's good times, That's interesting. It's good times, Drew. It's good times. Hey, as long as Drew. It's good times. Hey, as long as Drew. It's good times. Hey, as long as you're not driving. Um gas prices are you're not driving. Um gas prices are you're not driving. Um gas prices are getting crazy. I officially have paid $6 getting crazy. I officially have paid $6 getting crazy. I officially have paid $6 for gas. I have never done that. I have for gas. I have never done that. I have for gas. I have never done that. I have avoided it. Um avoided it. Um avoided it. Um this is the most I've ever paid for gas this is the most I've ever paid for gas this is the most I've ever paid for gas in my life. This is more by more than 35 in my life. This is more by more than 35 in my life. This is more by more than 35 cents. I have hit my line. $6 for gas is cents. I have hit my line. $6 for gas is cents. I have hit my line. $6 for gas is dumb. remember my gas used to be 99 dumb. remember my gas used to be 99 dumb. remember my gas used to be 99 cents. I am radicalized. cents. I am radicalized. cents. I am radicalized. I'm done. Yeah. This war is stupid. I'm done. Yeah. This war is stupid. I'm done. Yeah. This war is stupid. Democrats are stupid. California is Democrats are stupid. California is Democrats are stupid. California is stupid. stupid. stupid. >> Wait, wait, wait, wait. >> Wait, wait, wait, wait. >> Wait, wait, wait, wait. >> I hate everything. I hate everything. I >> I hate everything. I hate everything. I >> I hate everything. I hate everything. I hate everything. I hate everything. I hate everything. I hate everything. I hate everything. I hate everything. I hate everything. hate everything. hate everything. >> Because we're paying 61 cents more on >> Because we're paying 61 cents more on >> Because we're paying 61 cents more on gas than we should be. So, the gas than we should be. So, the gas than we should be. So, the >> Okay. So, you're saying here in >> Okay. So, you're saying here in >> Okay. So, you're saying here in California California California >> Yeah. Yeah. Should be $5.50 at the very >> Yeah. Yeah. Should be $5.50 at the very >> Yeah. Yeah. Should be $5.50 at the very minimum. minimum. minimum. >> Okay. Um But, yeah, this is a oil energy >> Okay. Um But, yeah, this is a oil energy >> Okay. Um But, yeah, this is a oil energy crisis bubbling up. Spirit is already crisis bubbling up. Spirit is already crisis bubbling up. Spirit is already under wraps. There's reports that under wraps. There's reports that under wraps. There's reports that JetBlue and Frontier could be next cuz JetBlue and Frontier could be next cuz JetBlue and Frontier could be next cuz they essentially 30% added 30% fuel cost they essentially 30% added 30% fuel cost they essentially 30% added 30% fuel cost in the last year because of this war. in the last year because of this war. in the last year because of this war. >> What are your take on just the oil >> What are your take on just the oil >> What are your take on just the oil prices? I know we're going to get to prices? I know we're going to get to prices? I know we're going to get to Operation Freedom and all this other Operation Freedom and all this other Operation Freedom and all this other stuff, but just this energy this stuff, but just this energy this stuff, but just this energy this bubbling energy crisis. So, the bubbling energy crisis. So, the bubbling energy crisis. So, the temporary energy crisis is not something temporary energy crisis is not something temporary energy crisis is not something that I am in a panic over. If this that I am in a panic over. If this that I am in a panic over. If this becomes truly systemic inflation, that becomes truly systemic inflation, that becomes truly systemic inflation, that is going to be a major problem. is going to be a major problem. is going to be a major problem. The real question when historians look The real question when historians look The real question when historians look back on all of this, it's going to be back on all of this, it's going to be back on all of this, it's going to be trying to run the counterfactual of trying to run the counterfactual of trying to run the counterfactual of should we have ever gone to war or not? should we have ever gone to war or not? should we have ever gone to war or not? So, the rise in oil prices are going to So, the rise in oil prices are going to So, the rise in oil prices are going to come back down. The US is come back down. The US is come back down. The US is able to make a tremendous amount of able to make a tremendous amount of able to make a tremendous amount of energy. So, in terms of the long-term as energy. So, in terms of the long-term as energy. So, in terms of the long-term as everything begins to settle out, I think everything begins to settle out, I think everything begins to settle out, I think that those prices coming back down is that those prices coming back down is that those prices coming back down is all but a guaranteed certainly here in all but a guaranteed certainly here in all but a guaranteed certainly here in the US. Globally, it's going to be the US. Globally, it's going to be the US. Globally, it's going to be potentially more problematic, but potentially more problematic, but potentially more problematic, but honestly probably not unless we go to a honestly probably not unless we go to a honestly probably not unless we go to a total war where we're just completely total war where we're just completely total war where we're just completely destroying the infrastructure in Iran, destroying the infrastructure in Iran, destroying the infrastructure in Iran, Iran is then retaliating all over the um Iran is then retaliating all over the um Iran is then retaliating all over the um Gulf region. That would have years and Gulf region. That would have years and Gulf region. That would have years and years of economic consequences. years of economic consequences. years of economic consequences. If the blockade stays up, that could If the blockade stays up, that could If the blockade stays up, that could have a long-term consequences in areas have a long-term consequences in areas have a long-term consequences in areas other than energy in ways that other than energy in ways that other than energy in ways that definitely does scare me. So, the definitely does scare me. So, the definitely does scare me. So, the fertilizer that's coming out of the fertilizer that's coming out of the fertilizer that's coming out of the Gulf, that's a far bigger concern for me Gulf, that's a far bigger concern for me Gulf, that's a far bigger concern for me than the energy costs. So, on that than the energy costs. So, on that than the energy costs. So, on that angle, it was always going to raise angle, it was always going to raise angle, it was always going to raise prices. The question is do Do get prices. The question is do Do get prices. The question is do Do get anything out of it that justifies it? anything out of it that justifies it? anything out of it that justifies it? And so, right now it doesn't look like And so, right now it doesn't look like And so, right now it doesn't look like it and I'll cover that as we get into it and I'll cover that as we get into it and I'll cover that as we get into the broader issue, but I think the the broader issue, but I think the the broader issue, but I think the bigger question right now isn't just how bigger question right now isn't just how bigger question right now isn't just how stupid are oil prices going to get in stupid are oil prices going to get in stupid are oil prices going to get in the short term. Remember back in the the short term. Remember back in the the short term. Remember back in the '70s, these got completely out of hand '70s, these got completely out of hand '70s, these got completely out of hand only to come crashing back down over only to come crashing back down over only to come crashing back down over time. That's exactly what I expect here. time. That's exactly what I expect here. time. That's exactly what I expect here. But, there are bigger consequences that But, there are bigger consequences that But, there are bigger consequences that I think are going to be the topic of I think are going to be the topic of I think are going to be the topic of conversation in terms of did we just conversation in terms of did we just conversation in terms of did we just spike oil prices temporary or not, uh spike oil prices temporary or not, uh spike oil prices temporary or not, uh piss off all of our allies, and end up piss off all of our allies, and end up piss off all of our allies, and end up with an Iran that shows that they with an Iran that shows that they with an Iran that shows that they understand asymmetric warfare and they understand asymmetric warfare and they understand asymmetric warfare and they can basically stop the US from making can basically stop the US from making can basically stop the US from making progress that we don't have the cars progress that we don't have the cars progress that we don't have the cars that we think we have. That I think is that we think we have. That I think is that we think we have. That I think is the far bigger conversation than just the far bigger conversation than just the far bigger conversation than just how annoyed people are going to be, how annoyed people are going to be, how annoyed people are going to be, rightly so obviously, uh at $6 plus gas. rightly so obviously, uh at $6 plus gas. rightly so obviously, uh at $6 plus gas. Cuz it could keep going up in the short Cuz it could keep going up in the short Cuz it could keep going up in the short term. So, $6 may be just a stop on the term. So, $6 may be just a stop on the term. So, $6 may be just a stop on the way to $10 gas when I would expect way to $10 gas when I would expect way to $10 gas when I would expect people to be flipping over tables. But, people to be flipping over tables. But, people to be flipping over tables. But, that really is going to be short-lived. that really is going to be short-lived. that really is going to be short-lived. That was well timed. That was well timed. That was well timed. >> do want to ground this though cuz I >> do want to ground this though cuz I >> do want to ground this though cuz I think it's easy to say like, "Yeah, we think it's easy to say like, "Yeah, we think it's easy to say like, "Yeah, we have these macroeconomic elements that have these macroeconomic elements that have these macroeconomic elements that happened on the global scale." happened on the global scale." happened on the global scale." But, today I need to get to work and I But, today I need to get to work and I But, today I need to get to work and I need to like put gas in. So, I think need to like put gas in. So, I think need to like put gas in. So, I think Americans, while we think holistically Americans, while we think holistically Americans, while we think holistically on how the Strait of Hormuz is connected on how the Strait of Hormuz is connected on how the Strait of Hormuz is connected to all these intertwined different to all these intertwined different to all these intertwined different organizations and and monetary flows and organizations and and monetary flows and organizations and and monetary flows and and policy and things like that, and policy and things like that, and policy and things like that, we do have to be grounded very like we do have to be grounded very like we do have to be grounded very like soberly that soberly that soberly that in this game of chicken that Trump is in this game of chicken that Trump is in this game of chicken that Trump is playing with other countries, there are playing with other countries, there are playing with other countries, there are second and third order consequences. And second and third order consequences. And second and third order consequences. And this is something that we thought, this is something that we thought, this is something that we thought, "Okay, we'll be fine. They'll They'll "Okay, we'll be fine. They'll They'll "Okay, we'll be fine. They'll They'll get over it. They'll have to pay a get over it. They'll have to pay a get over it. They'll have to pay a little bit more for gas." But, little bit more for gas." But, little bit more for gas." But, the working person is feeling it and in the working person is feeling it and in the working person is feeling it and in the in us entering into election season, the in us entering into election season, the in us entering into election season, I think this is going to be at the front I think this is going to be at the front I think this is going to be at the front of everybody's mind, especially with of everybody's mind, especially with of everybody's mind, especially with affordability. Um there's something I affordability. Um there's something I affordability. Um there's something I want to throw that uh Bernie Sanders um want to throw that uh Bernie Sanders um want to throw that uh Bernie Sanders um tweeted. He said, "Oil prices today, tweeted. He said, "Oil prices today, tweeted. He said, "Oil prices today, $105.25 a barrel. $105.25 a barrel. $105.25 a barrel. Gas prices today, $4.46 a gallon. Oil Gas prices today, $4.46 a gallon. Oil Gas prices today, $4.46 a gallon. Oil prices in 2011, $105.06 a barrel. Gas prices in 2011, $105.06 a barrel. Gas prices in 2011, $105.06 a barrel. Gas prices in 2011, $3.51 a gallon." There prices in 2011, $3.51 a gallon." There prices in 2011, $3.51 a gallon." There was something to as soon as the war was was something to as soon as the war was was something to as soon as the war was announced, it seemed like almost announced, it seemed like almost announced, it seemed like almost overnight all the gas prices went up overnight all the gas prices went up overnight all the gas prices went up about 70 to 80 cents roughly. So, as about 70 to 80 cents roughly. So, as about 70 to 80 cents roughly. So, as much as I want to say, yes, the straight much as I want to say, yes, the straight much as I want to say, yes, the straight of Hormuz has a lot to do with it. It of Hormuz has a lot to do with it. It of Hormuz has a lot to do with it. It takes what? 6 months for that oil to get takes what? 6 months for that oil to get takes what? 6 months for that oil to get there on a boat through different there on a boat through different there on a boat through different countries, through all the checkpoints countries, through all the checkpoints countries, through all the checkpoints to get to California, to get into my gas to get to California, to get into my gas to get to California, to get into my gas tank. tank. tank. Is this corporations getting the head Is this corporations getting the head Is this corporations getting the head start that we know it's going to be start that we know it's going to be start that we know it's going to be expensive, so let's bump up the cost expensive, so let's bump up the cost expensive, so let's bump up the cost now? What do you think is What do you now? What do you think is What do you now? What do you think is What do you think is causing this discrepancy before think is causing this discrepancy before think is causing this discrepancy before between what oil prices were between what oil prices were between what oil prices were historically and what we pay per gallon historically and what we pay per gallon historically and what we pay per gallon to what they are now what we're paying to what they are now what we're paying to what they are now what we're paying per gallon? The fact that the oil prices per gallon? The fact that the oil prices per gallon? The fact that the oil prices move as fast as they do is you really move as fast as they do is you really move as fast as they do is you really have to divide it into two things. So, have to divide it into two things. So, have to divide it into two things. So, one there's the paper price. So, I would one there's the paper price. So, I would one there's the paper price. So, I would need to understand if he's quoting on need to understand if he's quoting on need to understand if he's quoting on the street barrel prices or on the the street barrel prices or on the the street barrel prices or on the street paper prices. If he's doing an street paper prices. If he's doing an street paper prices. If he's doing an apples-to-apples comparison, so apples-to-apples comparison, so apples-to-apples comparison, so um people first understanding that there um people first understanding that there um people first understanding that there are two different prices and are two different prices and are two different prices and uh well, more than that because you've uh well, more than that because you've uh well, more than that because you've got Brent crude and you've also got got Brent crude and you've also got got Brent crude and you've also got whatever WTI, which is US. So, you've whatever WTI, which is US. So, you've whatever WTI, which is US. So, you've got that difference already, but the got that difference already, but the got that difference already, but the important difference that I'm talking important difference that I'm talking important difference that I'm talking about now is what people gamble on in about now is what people gamble on in about now is what people gamble on in the stock market, which is the paper the stock market, which is the paper the stock market, which is the paper price. This is the price people are price. This is the price people are price. This is the price people are almost always talking about. And then almost always talking about. And then almost always talking about. And then you've got on the street, what can I you've got on the street, what can I you've got on the street, what can I actually buy a barrel of oil for? actually buy a barrel of oil for? actually buy a barrel of oil for? There's a whole bunch of manipulation There's a whole bunch of manipulation There's a whole bunch of manipulation going on. Almost certainly, this is going on. Almost certainly, this is going on. Almost certainly, this is conspiracy, conspiracy, I don't know, conspiracy, conspiracy, I don't know, conspiracy, conspiracy, I don't know, ah, but almost certainly being ah, but almost certainly being ah, but almost certainly being manipulated by the Trump admin to keep manipulated by the Trump admin to keep manipulated by the Trump admin to keep paper oil prices at a reasonable thing paper oil prices at a reasonable thing paper oil prices at a reasonable thing cuz I know that's what people are going cuz I know that's what people are going cuz I know that's what people are going to talk about. Um but the supply and to talk about. Um but the supply and to talk about. Um but the supply and demand curve is what's going to demand curve is what's going to demand curve is what's going to determine the I'm on the ground and I'm determine the I'm on the ground and I'm determine the I'm on the ground and I'm trying to buy a barrel of oil, what does trying to buy a barrel of oil, what does trying to buy a barrel of oil, what does that cost? Okay, so that's part one. that cost? Okay, so that's part one. that cost? Okay, so that's part one. You've got paper and you've got reality. You've got paper and you've got reality. You've got paper and you've got reality. What we're talking about there, I don't What we're talking about there, I don't What we're talking about there, I don't know enough about this to just pop off. know enough about this to just pop off. know enough about this to just pop off. But then you've got what I think you're But then you've got what I think you're But then you've got what I think you're alluding to, which is the corporations alluding to, which is the corporations alluding to, which is the corporations also have the ability to go, okay, only also have the ability to go, okay, only also have the ability to go, okay, only the paranoid survive. We know know is the paranoid survive. We know know is the paranoid survive. We know know is coming. Uh we think that this may be far coming. Uh we think that this may be far coming. Uh we think that this may be far more systemic than they thought that it more systemic than they thought that it more systemic than they thought that it was back then. And so, yeah, we're going was back then. And so, yeah, we're going was back then. And so, yeah, we're going to react quickly to make sure that we to react quickly to make sure that we to react quickly to make sure that we maintain profit margins to make sure maintain profit margins to make sure maintain profit margins to make sure that we can weather a storm that is, you that we can weather a storm that is, you that we can weather a storm that is, you know, of unknown duration. Yeah. That's know, of unknown duration. Yeah. That's know, of unknown duration. Yeah. That's one read. Another read is, "Ha ha ha, one read. Another read is, "Ha ha ha, one read. Another read is, "Ha ha ha, like these [ __ ] We have them like these [ __ ] We have them like these [ __ ] We have them literally over a barrel. We can raise literally over a barrel. We can raise literally over a barrel. We can raise prices. We have the perfect cover story, prices. We have the perfect cover story, prices. We have the perfect cover story, which is, 'Yeah, what do you want us to which is, 'Yeah, what do you want us to which is, 'Yeah, what do you want us to do? Look at the price of oil is going do? Look at the price of oil is going do? Look at the price of oil is going up.'" So, it without doing a deep dive up.'" So, it without doing a deep dive up.'" So, it without doing a deep dive analysis by company of what they're analysis by company of what they're analysis by company of what they're doing, what they see, uh whether they're doing, what they see, uh whether they're doing, what they see, uh whether they're turning record profits and then doing turning record profits and then doing turning record profits and then doing something stupid, whether they're something stupid, whether they're something stupid, whether they're shoring them up, meaning if they're shoring them up, meaning if they're shoring them up, meaning if they're doing something just to give back to doing something just to give back to doing something just to give back to shareholders and they're buying shares shareholders and they're buying shares shareholders and they're buying shares and those guys are just like, "Oh my and those guys are just like, "Oh my and those guys are just like, "Oh my god, the war is the greatest thing that god, the war is the greatest thing that god, the war is the greatest thing that ever happened to us." That would be very ever happened to us." That would be very ever happened to us." That would be very different than like, "Hey, we're different than like, "Hey, we're different than like, "Hey, we're buckling down. We're trying to weather a buckling down. We're trying to weather a buckling down. We're trying to weather a storm. We don't want to be in the kind storm. We don't want to be in the kind storm. We don't want to be in the kind of position that a Spirit Airlines, of position that a Spirit Airlines, of position that a Spirit Airlines, obviously very different, but you see obviously very different, but you see obviously very different, but you see how quickly a company goes from we've how quickly a company goes from we've how quickly a company goes from we've been in business for decades and decades been in business for decades and decades been in business for decades and decades and decades and suddenly we're bankrupt. and decades and suddenly we're bankrupt. and decades and suddenly we're bankrupt. Boom, overnight we can't pay, we're out Boom, overnight we can't pay, we're out Boom, overnight we can't pay, we're out of business." So, of business." So, of business." So, I do believe that corporations can be I do believe that corporations can be I do believe that corporations can be very greedy. I'm not blind to that, but very greedy. I'm not blind to that, but very greedy. I'm not blind to that, but they also need to be paranoid if they they also need to be paranoid if they they also need to be paranoid if they want to survive. And so, without looking want to survive. And so, without looking want to survive. And so, without looking at the what's really going on at that at the what's really going on at that at the what's really going on at that level, and I've not done a deep dive on level, and I've not done a deep dive on level, and I've not done a deep dive on that, um it would be unfair to just that, um it would be unfair to just that, um it would be unfair to just blanket cast them. But, it could be blanket cast them. But, it could be blanket cast them. But, it could be either or it could be a mix of both. either or it could be a mix of both. either or it could be a mix of both. They could just be being greedy [ __ ] They could just be being greedy [ __ ] They could just be being greedy [ __ ] to try to take advantage of this moment to try to take advantage of this moment to try to take advantage of this moment like people with hand sanitizer back in like people with hand sanitizer back in like people with hand sanitizer back in the day. Toilet paper. the day. Toilet paper. the day. Toilet paper. >> During COVID, yeah, just people going >> During COVID, yeah, just people going >> During COVID, yeah, just people going absolutely crazy. Uh it could also be absolutely crazy. Uh it could also be absolutely crazy. Uh it could also be them going, "Ooh, wow, there are a lot them going, "Ooh, wow, there are a lot them going, "Ooh, wow, there are a lot of question marks in terms of what we're of question marks in terms of what we're of question marks in terms of what we're going to have to do." And as a business going to have to do." And as a business going to have to do." And as a business owner, I've found myself in that owner, I've found myself in that owner, I've found myself in that situation before where we went through a situation before where we went through a situation before where we went through a crisis with almonds. Mhm. And uh this is crisis with almonds. Mhm. And uh this is crisis with almonds. Mhm. And uh this is back at Quest. And so, you've got a back at Quest. And so, you've got a back at Quest. And so, you've got a drought. You know that the drought is drought. You know that the drought is drought. You know that the drought is going to impact almonds. You make a big going to impact almonds. You make a big going to impact almonds. You make a big reaction to buy up a ton of almonds reaction to buy up a ton of almonds reaction to buy up a ton of almonds because you don't know how long the because you don't know how long the because you don't know how long the drought's going to last. If the drought drought's going to last. If the drought drought's going to last. If the drought had lasted for another year or two, we had lasted for another year or two, we had lasted for another year or two, we would have looked like geniuses, but in would have looked like geniuses, but in would have looked like geniuses, but in reality, we ended up having to write reality, we ended up having to write reality, we ended up having to write down a bunch of it because we were down a bunch of it because we were down a bunch of it because we were overly reactive. And so, it This stuff overly reactive. And so, it This stuff overly reactive. And so, it This stuff gets far more complicated. I get it. gets far more complicated. I get it. gets far more complicated. I get it. People want to go shoot CEOs cuz they People want to go shoot CEOs cuz they People want to go shoot CEOs cuz they think that they're just being greedy, think that they're just being greedy, think that they're just being greedy, but the reality is business is but the reality is business is but the reality is business is incredibly hard. Most businesses fail. incredibly hard. Most businesses fail. incredibly hard. Most businesses fail. If there's like a 94% failure rate, so If there's like a 94% failure rate, so If there's like a 94% failure rate, so you really do have to be paranoid. you really do have to be paranoid. you really do have to be paranoid. Again, that's me being very generous Again, that's me being very generous Again, that's me being very generous because I I'm a CEO. I get all of these because I I'm a CEO. I get all of these because I I'm a CEO. I get all of these sayings, and maybe they don't deserve sayings, and maybe they don't deserve sayings, and maybe they don't deserve that. Um but this is one of those where that. Um but this is one of those where that. Um but this is one of those where um um um it could go either way. They could be it could go either way. They could be it could go either way. They could be being smart or greedy [ __ ] being smart or greedy [ __ ] being smart or greedy [ __ ] Okay, I'm off my soapbox. Let's actually Okay, I'm off my soapbox. Let's actually Okay, I'm off my soapbox. Let's actually talk about the war now. What's going on? talk about the war now. What's going on? talk about the war now. What's going on? Uh I think it's good. I think Uh I think it's good. I think Uh I think it's good. I think >> Epic Fury was officially concluded if >> Epic Fury was officially concluded if >> Epic Fury was officially concluded if you ask Marco Rubio. you ask Marco Rubio. you ask Marco Rubio. >> on who you talk to. Yeah, but what do we >> on who you talk to. Yeah, but what do we >> on who you talk to. Yeah, but what do we actually What's the That's the paper actually What's the That's the paper actually What's the That's the paper That's the paper price. What's the That's the paper price. What's the That's the paper price. What's the actually boots on the ground saying actually boots on the ground saying actually boots on the ground saying about the war? about the war? about the war? >> Yeah, well, so this one in full >> Yeah, well, so this one in full >> Yeah, well, so this one in full disclosure, you are about to witness my disclosure, you are about to witness my disclosure, you are about to witness my frame of reference in just full effect frame of reference in just full effect frame of reference in just full effect here. here. here. Uh I will give you the stats of it all, Uh I will give you the stats of it all, Uh I will give you the stats of it all, but I'm also going to be giving this but I'm also going to be giving this but I'm also going to be giving this real top spin because I smell a rat on real top spin because I smell a rat on real top spin because I smell a rat on this one. this one. this one. Operation Epic Fury is over. That's what Operation Epic Fury is over. That's what Operation Epic Fury is over. That's what they're saying. They're calling it a they're saying. They're calling it a they're saying. They're calling it a success, and now even Project Freedom is success, and now even Project Freedom is success, and now even Project Freedom is being paused so negotiations can resume. being paused so negotiations can resume. being paused so negotiations can resume. That was the first thing that made me go That was the first thing that made me go That was the first thing that made me go what like huh? That doesn't make any what like huh? That doesn't make any what like huh? That doesn't make any sense, and I am here to convince you sense, and I am here to convince you sense, and I am here to convince you that that is [ __ ] You are being that that is [ __ ] You are being that that is [ __ ] You are being spun hard, and this is where you need to spun hard, and this is where you need to spun hard, and this is where you need to really start looking at cause and really start looking at cause and really start looking at cause and effect. Try to explain it to yourself. effect. Try to explain it to yourself. effect. Try to explain it to yourself. Try to explain it to somebody else, and Try to explain it to somebody else, and Try to explain it to somebody else, and you're going to start to see like huh you're going to start to see like huh you're going to start to see like huh god, some of the words being used this god, some of the words being used this god, some of the words being used this does not make sense. The Trump does not make sense. The Trump does not make sense. The Trump administration wants us to believe that administration wants us to believe that administration wants us to believe that we finally knock some sense into Iran, we finally knock some sense into Iran, we finally knock some sense into Iran, and that we're close to this one-page and that we're close to this one-page and that we're close to this one-page deal to end the war, but putting the deal to end the war, but putting the deal to end the war, but putting the pieces together, I think that we have a pieces together, I think that we have a pieces together, I think that we have a very different story playing out. The very different story playing out. The very different story playing out. The reality is that Project Freedom, which reality is that Project Freedom, which reality is that Project Freedom, which had the US escorting tankers through the had the US escorting tankers through the had the US escorting tankers through the Strait, seems to have caused more Strait, seems to have caused more Strait, seems to have caused more problems for the US than it was solving. problems for the US than it was solving. problems for the US than it was solving. While it was running, Iran retaliated by While it was running, Iran retaliated by While it was running, Iran retaliated by firing at ships waiting in the Strait, firing at ships waiting in the Strait, firing at ships waiting in the Strait, including a South Korean cargo vessel. including a South Korean cargo vessel. including a South Korean cargo vessel. Iran also started chucking missiles at Iran also started chucking missiles at Iran also started chucking missiles at the UAE, who was pumping oil across land the UAE, who was pumping oil across land the UAE, who was pumping oil across land to avoid the Strait of Hormuz to avoid the Strait of Hormuz to avoid the Strait of Hormuz altogether. It was an absolutely altogether. It was an absolutely altogether. It was an absolutely brilliant move, but the problem is that brilliant move, but the problem is that brilliant move, but the problem is that you start putting all this stuff you start putting all this stuff you start putting all this stuff together, and Project Freedom does not together, and Project Freedom does not together, and Project Freedom does not appear like it was delivering very much appear like it was delivering very much appear like it was delivering very much freedom. It was just pissing off the freedom. It was just pissing off the freedom. It was just pissing off the Iranians, and they are still clearly Iranians, and they are still clearly Iranians, and they are still clearly very capable of picking off sitting very capable of picking off sitting very capable of picking off sitting ducks. And unfortunately for the UAE, ducks. And unfortunately for the UAE, ducks. And unfortunately for the UAE, unfortunately for the ships sitting out unfortunately for the ships sitting out unfortunately for the ships sitting out there, those static assets, whether they there, those static assets, whether they there, those static assets, whether they are on land or water, are sitting ducks. are on land or water, are sitting ducks. are on land or water, are sitting ducks. So, you might be super clever to pump So, you might be super clever to pump So, you might be super clever to pump your oil across your oil across your oil across land so that you can bypass their naval land so that you can bypass their naval land so that you can bypass their naval blockade, but they're just going to send blockade, but they're just going to send blockade, but they're just going to send drones to hit your facility. And after drones to hit your facility. And after drones to hit your facility. And after Project Freedom and its strikes on the Project Freedom and its strikes on the Project Freedom and its strikes on the UAE's major UAE's major UAE's major port of Fujairah, I think it's how you port of Fujairah, I think it's how you port of Fujairah, I think it's how you say it, say it, say it, Iran announced that now they're Iran announced that now they're Iran announced that now they're expanding their claimed control zone expanding their claimed control zone expanding their claimed control zone into the UAE coastline. So, imagine, you into the UAE coastline. So, imagine, you into the UAE coastline. So, imagine, you put this saying together Project put this saying together Project put this saying together Project Freedom, we're the most mighty military Freedom, we're the most mighty military Freedom, we're the most mighty military in the world, we're going to be able to in the world, we're going to be able to in the world, we're going to be able to escort these ships, everything's going escort these ships, everything's going escort these ships, everything's going to be great, we've obliterated their to be great, we've obliterated their to be great, we've obliterated their navy, it's all at the bottom of the sea, navy, it's all at the bottom of the sea, navy, it's all at the bottom of the sea, we've got total air superiority. By the we've got total air superiority. By the we've got total air superiority. By the way, all of that true, but it doesn't way, all of that true, but it doesn't way, all of that true, but it doesn't end up mattering if the Iranians can use end up mattering if the Iranians can use end up mattering if the Iranians can use asymmetric warfare, and they can begin asymmetric warfare, and they can begin asymmetric warfare, and they can begin bombing the ships that are waiting, if bombing the ships that are waiting, if bombing the ships that are waiting, if they can attack all across the Gulf they can attack all across the Gulf they can attack all across the Gulf region, and just start making so many region, and just start making so many region, and just start making so many problems that everybody is like, can we problems that everybody is like, can we problems that everybody is like, can we just please get a deal done? And the just please get a deal done? And the just please get a deal done? And the second that you can get the US into the second that you can get the US into the second that you can get the US into the posture of we need to get a deal done posture of we need to get a deal done posture of we need to get a deal done very quickly, then for all of the It's very quickly, then for all of the It's very quickly, then for all of the It's not just bluster because we really do not just bluster because we really do not just bluster because we really do have good cards as well. have good cards as well. have good cards as well. But man, it it becomes very difficult to But man, it it becomes very difficult to But man, it it becomes very difficult to get the leverage that you need to get get the leverage that you need to get get the leverage that you need to get them to, as Trump has said many times, them to, as Trump has said many times, them to, as Trump has said many times, wave the white flag of surrender. The wave the white flag of surrender. The wave the white flag of surrender. The one thing I I just keep reminding myself one thing I I just keep reminding myself one thing I I just keep reminding myself and I will keep reminding you guys is and I will keep reminding you guys is and I will keep reminding you guys is that Trump for a very long time, since that Trump for a very long time, since that Trump for a very long time, since before he started bombing them, uh before he started bombing them, uh before he started bombing them, uh between him, uh what Stephen Witkoff is between him, uh what Stephen Witkoff is between him, uh what Stephen Witkoff is saying, they just keep expressing saying, they just keep expressing saying, they just keep expressing confusion over the fact that the troop confusion over the fact that the troop confusion over the fact that the troop build-up did not cause Iran to build-up did not cause Iran to build-up did not cause Iran to capitulate. That bombing the life out of capitulate. That bombing the life out of capitulate. That bombing the life out of them did not cause Iran to capitulate. them did not cause Iran to capitulate. them did not cause Iran to capitulate. That um doing the sanctions has not That um doing the sanctions has not That um doing the sanctions has not caused them to capitulate. That putting caused them to capitulate. That putting caused them to capitulate. That putting them in a position where they are them in a position where they are them in a position where they are rapidly running out of the ability to rapidly running out of the ability to rapidly running out of the ability to store their oil and they may have to cap store their oil and they may have to cap store their oil and they may have to cap it, which will uh be very detrimental to it, which will uh be very detrimental to it, which will uh be very detrimental to their industry for years to come, it's their industry for years to come, it's their industry for years to come, it's still not causing them to capitulate. still not causing them to capitulate. still not causing them to capitulate. So, as a PSA to anybody in the So, as a PSA to anybody in the So, as a PSA to anybody in the government that is watching this, I will government that is watching this, I will government that is watching this, I will just explain to you why they are just explain to you why they are just explain to you why they are unlikely to capitulate. This is unlikely to capitulate. This is unlikely to capitulate. This is existential. For the Iranian government, existential. For the Iranian government, existential. For the Iranian government, the regime that is in control, if they the regime that is in control, if they the regime that is in control, if they are not able to become a nuclear power, are not able to become a nuclear power, are not able to become a nuclear power, if they are not able to show their own if they are not able to show their own if they are not able to show their own people that they remain in violent people that they remain in violent people that they remain in violent control, then there will be an uprising, control, then there will be an uprising, control, then there will be an uprising, they will be relegated in the region, they will be relegated in the region, they will be relegated in the region, and they will lose power. And if they and they will lose power. And if they and they will lose power. And if they lose power, obviously, uh many of them lose power, obviously, uh many of them lose power, obviously, uh many of them are going to be killed by their own are going to be killed by their own are going to be killed by their own people. So, they're in a position where people. So, they're in a position where people. So, they're in a position where this is this is this is extremely existential. There is no path extremely existential. There is no path extremely existential. There is no path but forward, and so they're just going but forward, and so they're just going but forward, and so they're just going to keep pushing their agenda. And for to keep pushing their agenda. And for to keep pushing their agenda. And for those of them that believe those of them that believe those of them that believe that they are doing the will of Allah, that they are doing the will of Allah, that they are doing the will of Allah, you may think that that's [ __ ] but you may think that that's [ __ ] but you may think that that's [ __ ] but if they believe it, then they're going if they believe it, then they're going if they believe it, then they're going to keep pushing for that reason as well. to keep pushing for that reason as well. to keep pushing for that reason as well. And so, you have a situation where And so, you have a situation where And so, you have a situation where you've backed them into a corner, and you've backed them into a corner, and you've backed them into a corner, and they're going to act like an animal they're going to act like an animal they're going to act like an animal that's been backed into the corner. And that's been backed into the corner. And that's been backed into the corner. And so, the odds of them capitulating are so, the odds of them capitulating are so, the odds of them capitulating are effectively zero. Everybody has to find effectively zero. Everybody has to find effectively zero. Everybody has to find an off-ramp, Trump included, and I think an off-ramp, Trump included, and I think an off-ramp, Trump included, and I think that the change in Trump's language that the change in Trump's language that the change in Trump's language around the nuclear around the nuclear around the nuclear portion of all of this indicates that he portion of all of this indicates that he portion of all of this indicates that he is looking to build that off-ramp, that is looking to build that off-ramp, that is looking to build that off-ramp, that he does not hold the cards that he would he does not hold the cards that he would he does not hold the cards that he would like us to believe that he's done. And like us to believe that he's done. And like us to believe that he's done. And by the way, in the midst of all of this, by the way, in the midst of all of this, by the way, in the midst of all of this, um the um the um the Iranians have launched a website called Iranians have launched a website called Iranians have launched a website called the Persian Gulf Strait Authority, and the Persian Gulf Strait Authority, and the Persian Gulf Strait Authority, and there are reports that they've then there are reports that they've then there are reports that they've then emailed all these shipping companies emailed all these shipping companies emailed all these shipping companies with the following instructions for with the following instructions for with the following instructions for passing through the Strait of Hormuz. passing through the Strait of Hormuz. passing through the Strait of Hormuz. Should go to show that these are not Should go to show that these are not Should go to show that these are not people that are backing off or that are people that are backing off or that are people that are backing off or that are just about to capitulate. Uh look, it just about to capitulate. Uh look, it just about to capitulate. Uh look, it could all be posturing, but I don't could all be posturing, but I don't could all be posturing, but I don't think it is. So, anyway, here are the think it is. So, anyway, here are the think it is. So, anyway, here are the tenets that they're sending, supposedly. tenets that they're sending, supposedly. tenets that they're sending, supposedly. I've not confirmed this. I've not confirmed this. I've not confirmed this. But supposedly, these are the things But supposedly, these are the things But supposedly, these are the things that they are sending around to shipping that they are sending around to shipping that they are sending around to shipping companies, which seem in keeping with companies, which seem in keeping with companies, which seem in keeping with their positioning. their positioning. their positioning. Uh one, payment of the tolls to go Uh one, payment of the tolls to go Uh one, payment of the tolls to go through the Strait of Hormuz must be uh through the Strait of Hormuz must be uh through the Strait of Hormuz must be uh paid in Iranian rials. Okay, remember, paid in Iranian rials. Okay, remember, paid in Iranian rials. Okay, remember, this is largely everything going on in this is largely everything going on in this is largely everything going on in Iran right now is largely about the Iran right now is largely about the Iran right now is largely about the petrodollar. So, that's a pretty big jab petrodollar. So, that's a pretty big jab petrodollar. So, that's a pretty big jab to the Americans. Two, they want to the Americans. Two, they want to the Americans. Two, they want guarantees uh that must be issued within guarantees uh that must be issued within guarantees uh that must be issued within the Iranian banking system. I assume the Iranian banking system. I assume the Iranian banking system. I assume what they mean by that is what they mean by that is what they mean by that is um that they're not going to basically um that they're not going to basically um that they're not going to basically promise to pay and then not, and so promise to pay and then not, and so promise to pay and then not, and so there's going to be some sort of um there's going to be some sort of um there's going to be some sort of um financial guarantee, but that one was financial guarantee, but that one was financial guarantee, but that one was the most vague, but we'll leave it at the most vague, but we'll leave it at the most vague, but we'll leave it at that. Three, countries that caused or that. Three, countries that caused or that. Three, countries that caused or contributed to damages during the war contributed to damages during the war contributed to damages during the war must pay reparations before obtaining a must pay reparations before obtaining a must pay reparations before obtaining a permit. Countries that sanctioned Iran permit. Countries that sanctioned Iran permit. Countries that sanctioned Iran or blocked its assets abroad are banned or blocked its assets abroad are banned or blocked its assets abroad are banned entirely. So, that one alone, if it ends entirely. So, that one alone, if it ends entirely. So, that one alone, if it ends up being true, obviously, we are not in up being true, obviously, we are not in up being true, obviously, we are not in a good position. There will be a ton of a good position. There will be a ton of a good position. There will be a ton of traffic that will still be held back. traffic that will still be held back. traffic that will still be held back. Four, all documents must use the name Four, all documents must use the name Four, all documents must use the name Persian Gulf. This is like the Persian Gulf. This is like the Persian Gulf. This is like the Gulf of America, Gulf of Mexico battle Gulf of America, Gulf of Mexico battle Gulf of America, Gulf of Mexico battle kind of thing. These kind of things do kind of thing. These kind of things do kind of thing. These kind of things do matter, I guess. Uh but nonetheless, matter, I guess. Uh but nonetheless, matter, I guess. Uh but nonetheless, they are really trying to establish they are really trying to establish they are really trying to establish their dominance over that space. They their dominance over that space. They their dominance over that space. They don't want it moved to something more don't want it moved to something more don't want it moved to something more generic. I think some people are calling generic. I think some people are calling generic. I think some people are calling it the Arabian Gulf. it the Arabian Gulf. it the Arabian Gulf. So, anyway, uh five, non-compliance So, anyway, uh five, non-compliance So, anyway, uh five, non-compliance results in vessel seizure and a fine of results in vessel seizure and a fine of results in vessel seizure and a fine of 20% of cargo value. Six, all vessels 20% of cargo value. Six, all vessels 20% of cargo value. Six, all vessels must follow designated corridors and must follow designated corridors and must follow designated corridors and comply with Iranian armed forces comply with Iranian armed forces comply with Iranian armed forces instructions. And seven, Israeli flagged instructions. And seven, Israeli flagged instructions. And seven, Israeli flagged vessels and any ship going to or from vessels and any ship going to or from vessels and any ship going to or from Israeli ports are banned. Israeli ports are banned. Israeli ports are banned. All right, none of that seems like uh All right, none of that seems like uh All right, none of that seems like uh they would be easy yeses for the US. So, they would be easy yeses for the US. So, they would be easy yeses for the US. So, we'll see in the coming days um whether we'll see in the coming days um whether we'll see in the coming days um whether we actually are close. And as a reminder we actually are close. And as a reminder we actually are close. And as a reminder to everybody, um politicians close to to everybody, um politicians close to to everybody, um politicians close to this for years on both sides of the this for years on both sides of the this for years on both sides of the aisle have said that what the Iranians aisle have said that what the Iranians aisle have said that what the Iranians are extraordinarily good at is buying are extraordinarily good at is buying are extraordinarily good at is buying time. They make you believe that they're time. They make you believe that they're time. They make you believe that they're willing to come to the negotiating willing to come to the negotiating willing to come to the negotiating table, but when you get there, there's table, but when you get there, there's table, but when you get there, there's always some reason why actually no, always some reason why actually no, always some reason why actually no, sorry, I have to go get this approved. sorry, I have to go get this approved. sorry, I have to go get this approved. And you realize you didn't actually make And you realize you didn't actually make And you realize you didn't actually make any progress. They've just been stalling any progress. They've just been stalling any progress. They've just been stalling for time. for time. for time. Now, everything that's going on has Now, everything that's going on has Now, everything that's going on has caused oil prices to begin rising again caused oil prices to begin rising again caused oil prices to begin rising again as the markets have begun to realize as the markets have begun to realize as the markets have begun to realize that we may not be as close to the deal that we may not be as close to the deal that we may not be as close to the deal as people thought. Again, I would like as people thought. Again, I would like as people thought. Again, I would like to recontextualize the announcement of to recontextualize the announcement of to recontextualize the announcement of the deal is just so conveniently timed the deal is just so conveniently timed the deal is just so conveniently timed with the US Treasury bond yield pushing with the US Treasury bond yield pushing with the US Treasury bond yield pushing up to this sort of magical invisible up to this sort of magical invisible up to this sort of magical invisible line of 4.5% line of 4.5% line of 4.5% where it becomes just too expensive where it becomes just too expensive where it becomes just too expensive for the government alone to get the for the government alone to get the for the government alone to get the debt, but also the interest that we're debt, but also the interest that we're debt, but also the interest that we're paying on debt that we already have, it paying on debt that we already have, it paying on debt that we already have, it just ends up becoming a nightmare. It just ends up becoming a nightmare. It just ends up becoming a nightmare. It gobbles things up. It will also have gobbles things up. It will also have gobbles things up. It will also have other impacts on the economy. So, other impacts on the economy. So, other impacts on the economy. So, uh you can trust I mean, I think he's uh you can trust I mean, I think he's uh you can trust I mean, I think he's done it five times now. You can trust done it five times now. You can trust done it five times now. You can trust that every time that that rate starts that every time that that rate starts that every time that that rate starts creeping up towards five 4.5% that creeping up towards five 4.5% that creeping up towards five 4.5% that Trump's going to make some announcement Trump's going to make some announcement Trump's going to make some announcement that tries to calm down the markets. that tries to calm down the markets. that tries to calm down the markets. Plus, the Iranians are claiming that Plus, the Iranians are claiming that Plus, the Iranians are claiming that Trump is just outright lying about how Trump is just outright lying about how Trump is just outright lying about how close we are uh to a deal. So, you start close we are uh to a deal. So, you start close we are uh to a deal. So, you start putting all of that timing in the market putting all of that timing in the market putting all of that timing in the market together with that and that seems like a together with that and that seems like a together with that and that seems like a pretty believable thing. When Trump made pretty believable thing. When Trump made pretty believable thing. When Trump made the announcement um about reaching that the announcement um about reaching that the announcement um about reaching that one-page deal, it you can just see it on one-page deal, it you can just see it on one-page deal, it you can just see it on a chart how close it was to that do not a chart how close it was to that do not a chart how close it was to that do not cross line of 4.5%. So, cross line of 4.5%. So, cross line of 4.5%. So, listen. listen. listen. We will see how this all plays out. The We will see how this all plays out. The We will see how this all plays out. The US It's not like we are inert and we US It's not like we are inert and we US It's not like we are inert and we don't have things that we can do, but don't have things that we can do, but don't have things that we can do, but when you really start playing this out, when you really start playing this out, when you really start playing this out, if I'm right that this is not Iran if I'm right that this is not Iran if I'm right that this is not Iran really trying to negotiate in good really trying to negotiate in good really trying to negotiate in good faith, that this is Iran buying faith, that this is Iran buying faith, that this is Iran buying themselves time, they understand their themselves time, they understand their themselves time, they understand their asymmetric uh advantage, that they will asymmetric uh advantage, that they will asymmetric uh advantage, that they will continue to hit allies in the region, um continue to hit allies in the region, um continue to hit allies in the region, um that they will be able to continue to that they will be able to continue to that they will be able to continue to scare ships, that even with uh the US scare ships, that even with uh the US scare ships, that even with uh the US Navy being willing to escort them, uh Navy being willing to escort them, uh Navy being willing to escort them, uh many are not going to take them up on many are not going to take them up on many are not going to take them up on that, that the US is going to be wildly that, that the US is going to be wildly that, that the US is going to be wildly hesitant to continue doing that because hesitant to continue doing that because hesitant to continue doing that because if we start having footage of our ships if we start having footage of our ships if we start having footage of our ships getting hit or we start sending home getting hit or we start sending home getting hit or we start sending home troops in coffins, the US just does not troops in coffins, the US just does not troops in coffins, the US just does not have the appetite for it. So, this have the appetite for it. So, this have the appetite for it. So, this becomes a waiting game. becomes a waiting game. becomes a waiting game. And you've got the Iranians who And you've got the Iranians who And you've got the Iranians who understand that the Americans as a understand that the Americans as a understand that the Americans as a voting body politic do not have an voting body politic do not have an voting body politic do not have an appetite for a war over there. It is appetite for a war over there. It is appetite for a war over there. It is very unpopular, which Trump is obviously very unpopular, which Trump is obviously very unpopular, which Trump is obviously aware of. And then you've got the US aware of. And then you've got the US aware of. And then you've got the US putting economic sanctions on Iran, and putting economic sanctions on Iran, and putting economic sanctions on Iran, and I think they've shifted their strategy I think they've shifted their strategy I think they've shifted their strategy from the kinetic war to the economic from the kinetic war to the economic from the kinetic war to the economic war, which is why Rubio's out there war, which is why Rubio's out there war, which is why Rubio's out there saying that we have um ended the uh saying that we have um ended the uh saying that we have um ended the uh Operation Epic Fury, that it was a Operation Epic Fury, that it was a Operation Epic Fury, that it was a success. success. success. Because he knows Operation Economic Fury Because he knows Operation Economic Fury Because he knows Operation Economic Fury is still going. And so, I think the is still going. And so, I think the is still going. And so, I think the Trump administration is betting on the Trump administration is betting on the Trump administration is betting on the fact that they're going to be able to fact that they're going to be able to fact that they're going to be able to outlast, that we will be able to hurt outlast, that we will be able to hurt outlast, that we will be able to hurt their economy so much that some of the their economy so much that some of the their economy so much that some of the um softer voices, more conciliatory um softer voices, more conciliatory um softer voices, more conciliatory voices, that's a better way to say it, voices, that's a better way to say it, voices, that's a better way to say it, inside the Iranian regime will be able inside the Iranian regime will be able inside the Iranian regime will be able to come to power and will be able to get to come to power and will be able to get to come to power and will be able to get a deal done. Um but a deal done. Um but a deal done. Um but it's going to be tough because if Iran it's going to be tough because if Iran it's going to be tough because if Iran can drag us towards the midterms, every can drag us towards the midterms, every can drag us towards the midterms, every day that we get closer to the midterms, day that we get closer to the midterms, day that we get closer to the midterms, Trump is going to have to do something Trump is going to have to do something Trump is going to have to do something to extract himself from this, to get oil to extract himself from this, to get oil to extract himself from this, to get oil prices back down, because if he doesn't prices back down, because if he doesn't prices back down, because if he doesn't do that, he's guaranteed to lose in the do that, he's guaranteed to lose in the do that, he's guaranteed to lose in the midterms. So, yeah, we'll see how it all midterms. So, yeah, we'll see how it all midterms. So, yeah, we'll see how it all plays out, but this plays out, but this plays out, but this if the administration is trying to make if the administration is trying to make if the administration is trying to make it sound like it's easy or we've already it sound like it's easy or we've already it sound like it's easy or we've already won, won, won, don't buy it. Do not buy that. All don't buy it. Do not buy that. All don't buy it. Do not buy that. All right, you said a couple things I want right, you said a couple things I want right, you said a couple things I want to break down there. I've been seeing a to break down there. I've been seeing a to break down there. I've been seeing a lot about this bond yield, 4.5%. lot about this bond yield, 4.5%. lot about this bond yield, 4.5%. Break it down for us. What's the Break it down for us. What's the Break it down for us. What's the difference between the bond yield difference between the bond yield difference between the bond yield percentages and then like the Fed percentages and then like the Fed percentages and then like the Fed announced interest rate and how they announced interest rate and how they announced interest rate and how they both like what are those differences? both like what are those differences? both like what are those differences? Cuz you're saying it's more costly for Cuz you're saying it's more costly for Cuz you're saying it's more costly for the debt on this side, but I thought the debt on this side, but I thought the debt on this side, but I thought they control the debt. Help us they control the debt. Help us they control the debt. Help us >> Yeah, so the Fed does control the rate, >> Yeah, so the Fed does control the rate, >> Yeah, so the Fed does control the rate, but they do it by um but they do it by um but they do it by um fake means. fake means. fake means. So, what Trump is trying to do it So, what Trump is trying to do it So, what Trump is trying to do it through is messaging. So, uh okay. Uh through is messaging. So, uh okay. Uh through is messaging. So, uh okay. Uh I'm going to speed run this, push on I'm going to speed run this, push on I'm going to speed run this, push on whichever part makes the most sense. whichever part makes the most sense. whichever part makes the most sense. Rates are psychological. Rates are psychological. Rates are psychological. The economy is psychological. So, you The economy is psychological. So, you The economy is psychological. So, you can manipulate rates, you can manipulate can manipulate rates, you can manipulate can manipulate rates, you can manipulate the economy at large, just by the economy at large, just by the economy at large, just by manipulating people's um manipulating people's um manipulating people's um frame of reference, their mood, uh what frame of reference, their mood, uh what frame of reference, their mood, uh what they think is about to happen. They're they think is about to happen. They're they think is about to happen. They're what? what? what? >> Expectations? Yeah, perfect. So, >> Expectations? Yeah, perfect. So, >> Expectations? Yeah, perfect. So, Trump knows that and the thing that Trump knows that and the thing that Trump knows that and the thing that people are putting out now is that Trump people are putting out now is that Trump people are putting out now is that Trump is using Axios as a way to say the thing is using Axios as a way to say the thing is using Axios as a way to say the thing that he wants to say to make it look that he wants to say to make it look that he wants to say to make it look like it has credibility. We're getting like it has credibility. We're getting like it has credibility. We're getting very close to a one-page deal. And so, very close to a one-page deal. And so, very close to a one-page deal. And so, the markets that are always trying to the markets that are always trying to the markets that are always trying to trade on the news because they trade on the news because they trade on the news because they understand that the game is understand that the game is understand that the game is psychological, they go, "Oh, that news psychological, they go, "Oh, that news psychological, they go, "Oh, that news is going to affect people's expectations is going to affect people's expectations is going to affect people's expectations or perceptions. Cool, let me trade now or perceptions. Cool, let me trade now or perceptions. Cool, let me trade now while it's hot, while I have an while it's hot, while I have an while it's hot, while I have an asymmetric understanding of what's asymmetric understanding of what's asymmetric understanding of what's happening." And so, the AI traders, the happening." And so, the AI traders, the happening." And so, the AI traders, the people that, you know, measure their people that, you know, measure their people that, you know, measure their trades in milliseconds, they go in and trades in milliseconds, they go in and trades in milliseconds, they go in and they take advantage of that stuff. they take advantage of that stuff. they take advantage of that stuff. Okay. The long-term reality, though, is Okay. The long-term reality, though, is Okay. The long-term reality, though, is going to settle out in a more there's going to settle out in a more there's going to settle out in a more there's physics to economics kind of way, which physics to economics kind of way, which physics to economics kind of way, which is why everybody pays attention to the is why everybody pays attention to the is why everybody pays attention to the 10-year because that that's people's 10-year because that that's people's 10-year because that that's people's long-term vision of where the stuff is long-term vision of where the stuff is long-term vision of where the stuff is going. Now, it will fluctuate very going. Now, it will fluctuate very going. Now, it will fluctuate very rapidly, but it's a expectation of where rapidly, but it's a expectation of where rapidly, but it's a expectation of where we going to be in the long term. we going to be in the long term. we going to be in the long term. Now, that, because traditionally Warsh Now, that, because traditionally Warsh Now, that, because traditionally Warsh confuses all of this, confuses all of this, confuses all of this, it's always so tempting to speak in it's always so tempting to speak in it's always so tempting to speak in bumper stickers cuz this fractal is very bumper stickers cuz this fractal is very bumper stickers cuz this fractal is very fast. fast. fast. Warsh is signaling a move away from long Warsh is signaling a move away from long Warsh is signaling a move away from long term into short term. Let's set that term into short term. Let's set that term into short term. Let's set that aside. Historically, all eyes on the aside. Historically, all eyes on the aside. Historically, all eyes on the long term because that's where the long term because that's where the long term because that's where the government wants to roll its debt over government wants to roll its debt over government wants to roll its debt over is into the long term. is into the long term. is into the long term. Now, you can control that rate by Now, you can control that rate by Now, you can control that rate by controlling people's psychology and controlling people's psychology and controlling people's psychology and making them optimistic and then the rate making them optimistic and then the rate making them optimistic and then the rate comes down. comes down. comes down. You can control that rate cuz sometimes You can control that rate cuz sometimes You can control that rate cuz sometimes you actually want the rate to go up. You you actually want the rate to go up. You you actually want the rate to go up. You can control that rate and keep it down can control that rate and keep it down can control that rate and keep it down by by by um printing money. And so, when you look um printing money. And so, when you look um printing money. And so, when you look at at at there are a couple ways. You need there are a couple ways. You need there are a couple ways. You need appetite for that debt to keep the rates appetite for that debt to keep the rates appetite for that debt to keep the rates low. When there is no appetite, the way low. When there is no appetite, the way low. When there is no appetite, the way to get people in is to either print to get people in is to either print to get people in is to either print money and buy it so that you become the money and buy it so that you become the money and buy it so that you become the buyer of last resort, as they say, and buyer of last resort, as they say, and buyer of last resort, as they say, and the the Fed and the Treasury essentially the the Fed and the Treasury essentially the the Fed and the Treasury essentially work together to go in and buy that work together to go in and buy that work together to go in and buy that debt. debt. debt. Then, the um if you don't want to do Then, the um if you don't want to do Then, the um if you don't want to do that, and you want to get people to buy that, and you want to get people to buy that, and you want to get people to buy it with the money that you've already it with the money that you've already it with the money that you've already printed and put out into the market, uh printed and put out into the market, uh printed and put out into the market, uh uh I want it to be simpler, Drew, I uh I want it to be simpler, Drew, I uh I want it to be simpler, Drew, I really do. Um then you have to really do. Um then you have to really do. Um then you have to psychologically get them excited, so psychologically get them excited, so psychologically get them excited, so that you can avoid. And so, his that you can avoid. And so, his that you can avoid. And so, his messaging on stuff like that is to get messaging on stuff like that is to get messaging on stuff like that is to get people psychologically excited enough people psychologically excited enough people psychologically excited enough that they'll go buy it with money that that they'll go buy it with money that that they'll go buy it with money that they already have, they already have, they already have, instead of trying to get the Fed to go instead of trying to get the Fed to go instead of trying to get the Fed to go in and purchase that stuff and pull it in and purchase that stuff and pull it in and purchase that stuff and pull it out of the market to make sure that out of the market to make sure that out of the market to make sure that there's appetite. So, when they're there's appetite. So, when they're there's appetite. So, when they're controlling that rate, so they can just controlling that rate, so they can just controlling that rate, so they can just set the bank rate, so banks are like, set the bank rate, so banks are like, set the bank rate, so banks are like, "I'll only loan you this money," which "I'll only loan you this money," which "I'll only loan you this money," which was actually part of your initial was actually part of your initial was actually part of your initial question. question. question. Um this is the rate at which we loan Um this is the rate at which we loan Um this is the rate at which we loan money. money. money. But, everything is really chewing off of But, everything is really chewing off of But, everything is really chewing off of that 10-year bond yield, which that 10-year bond yield, which that 10-year bond yield, which ultimately has to be manipulated either ultimately has to be manipulated either ultimately has to be manipulated either psychologically or actually by buying psychologically or actually by buying psychologically or actually by buying things things things to keep it in a certain range. So, you to keep it in a certain range. So, you to keep it in a certain range. So, you can set a rate that the banks loan can set a rate that the banks loan can set a rate that the banks loan money, but the sort of after market of money, but the sort of after market of money, but the sort of after market of the bond the bond market is a different the bond the bond market is a different the bond the bond market is a different beast. So, those are the two different beast. So, those are the two different beast. So, those are the two different things. Okay. things. Okay. things. Okay. >> Now, I put so many um >> Now, I put so many um >> Now, I put so many um like real like real like real nuance that muddies the water that if nuance that muddies the water that if nuance that muddies the water that if there's anything there that you want to there's anything there that you want to there's anything there that you want to isolate, I can try and give you like a isolate, I can try and give you like a isolate, I can try and give you like a bumper sticker version of it. It will be bumper sticker version of it. It will be bumper sticker version of it. It will be less true, but it may be easier to less true, but it may be easier to less true, but it may be easier to understand. understand. understand. >> I think I got the the point. Uh >> I think I got the the point. Uh >> I think I got the the point. Uh Mac the music says, "Fed only controls Mac the music says, "Fed only controls Mac the music says, "Fed only controls the short end of the yield curve. The the short end of the yield curve. The the short end of the yield curve. The bond yields are the 10 to 30-year rates bond yields are the 10 to 30-year rates bond yields are the 10 to 30-year rates that are set based on the trust in the that are set based on the trust in the that are set based on the trust in the US economy." So, Sort of. So, you can go US economy." So, Sort of. So, you can go US economy." So, Sort of. So, you can go in and if the Fed is willing to go buy in and if the Fed is willing to go buy in and if the Fed is willing to go buy the Treasuries, then they can drive it the Treasuries, then they can drive it the Treasuries, then they can drive it down. So, this is War Chest's entire down. So, this is War Chest's entire down. So, this is War Chest's entire message. This my deep dive came out message. This my deep dive came out message. This my deep dive came out yesterday, yeah. Mhm. yesterday, yeah. Mhm. yesterday, yeah. Mhm. Uh is about. So, there's a thing called Uh is about. So, there's a thing called Uh is about. So, there's a thing called financial repression where you can go in financial repression where you can go in financial repression where you can go in and actually and actually and actually um you're um you're um you're setting the rate setting the rate setting the rate below what the actual inflation rate is. below what the actual inflation rate is. below what the actual inflation rate is. Now, there are a whole bunch of Now, there are a whole bunch of Now, there are a whole bunch of mechanisms about how you create appetite mechanisms about how you create appetite mechanisms about how you create appetite for that debt when you do that, but for that debt when you do that, but for that debt when you do that, but there are ways for them to manipulate there are ways for them to manipulate there are ways for them to manipulate these numbers for sure. So, maybe these numbers for sure. So, maybe these numbers for sure. So, maybe control is the word that he's sticking control is the word that he's sticking control is the word that he's sticking on, but they can influence it so on, but they can influence it so on, but they can influence it so knowingly that um knowingly that um knowingly that um I will I will I will I refer to it as control because they I refer to it as control because they I refer to it as control because they they manipulate. They know exactly what they manipulate. They know exactly what they manipulate. They know exactly what they're doing. They know how to move they're doing. They know how to move they're doing. They know how to move that number in whatever direction they that number in whatever direction they that number in whatever direction they want to move it. want to move it. want to move it. Um and that's my whole beef with modern Um and that's my whole beef with modern Um and that's my whole beef with modern monetary theory. You can take the rate monetary theory. You can take the rate monetary theory. You can take the rate up, you can take the rate down. Um both up, you can take the rate down. Um both up, you can take the rate down. Um both in the short and the long. Like, look at in the short and the long. Like, look at in the short and the long. Like, look at what Japan is doing for a very long what Japan is doing for a very long what Japan is doing for a very long time. They were managing the psychology time. They were managing the psychology time. They were managing the psychology of people through money printing, of people through money printing, of people through money printing, through several mechanisms, but through several mechanisms, but through several mechanisms, but yes, it's more manipulatable than his yes, it's more manipulatable than his yes, it's more manipulatable than his comment would lead me to believe he comment would lead me to believe he comment would lead me to believe he believes. Yeah. So, that's the first believes. Yeah. So, that's the first believes. Yeah. So, that's the first part of your initial read on the end of part of your initial read on the end of part of your initial read on the end of the war is that Trump is using his the war is that Trump is using his the war is that Trump is using his tactics to influence the US investment, tactics to influence the US investment, tactics to influence the US investment, but there's a long-term play or a but there's a long-term play or a but there's a long-term play or a economic play against Iran with the economic play against Iran with the economic play against Iran with the sanctions coming back cuz there was that sanctions coming back cuz there was that sanctions coming back cuz there was that 30-day release 30-day pause on sanctions 30-day release 30-day pause on sanctions 30-day release 30-day pause on sanctions for oil relief that they announced. So, for oil relief that they announced. So, for oil relief that they announced. So, now with that running out, you're saying now with that running out, you're saying now with that running out, you're saying they're going to now ramp up the they're going to now ramp up the they're going to now ramp up the sanctions to start economic warfare sanctions to start economic warfare sanctions to start economic warfare against Iran. against Iran. against Iran. >> They've already been doing it. So, >> They've already been doing it. So, >> They've already been doing it. So, listening to Bessant, they are doing listening to Bessant, they are doing listening to Bessant, they are doing everything they can including seizing everything they can including seizing everything they can including seizing crypto to try to make it impossible for crypto to try to make it impossible for crypto to try to make it impossible for Iran to basically pay its troops. And I Iran to basically pay its troops. And I Iran to basically pay its troops. And I think that's a key part of their think that's a key part of their think that's a key part of their strategy is we want to put Iran in a strategy is we want to put Iran in a strategy is we want to put Iran in a position where they can't afford to pay position where they can't afford to pay position where they can't afford to pay their troops, their troops will rebel. their troops, their troops will rebel. their troops, their troops will rebel. Um they're not Um they're not Um they're not I don't think they really are after I don't think they really are after I don't think they really are after regime change, but I think they are regime change, but I think they are regime change, but I think they are aggressively after moderate voices that aggressively after moderate voices that aggressively after moderate voices that are willing to do a deal. And when I are willing to do a deal. And when I are willing to do a deal. And when I think about the comments that Trump think about the comments that Trump think about the comments that Trump makes, Trump has a mental map that makes, Trump has a mental map that makes, Trump has a mental map that inside of Iran that inside of every inside of Iran that inside of every inside of Iran that inside of every human is a person who just is doing a human is a person who just is doing a human is a person who just is doing a constant cost-benefit analysis that like constant cost-benefit analysis that like constant cost-benefit analysis that like Trump is willing to completely change Trump is willing to completely change Trump is willing to completely change his mind, lie, spin, completely his mind, lie, spin, completely his mind, lie, spin, completely backtrack on things that he said in backtrack on things that he said in backtrack on things that he said in order to get the deal. So, he'll be order to get the deal. So, he'll be order to get the deal. So, he'll be like, "I'll never bend on this." And like, "I'll never bend on this." And like, "I'll never bend on this." And then he'll bend on that if that's what then he'll bend on that if that's what then he'll bend on that if that's what he has to bend on in order to get a deal he has to bend on in order to get a deal he has to bend on in order to get a deal that he wants. And by the way, from a that he wants. And by the way, from a that he wants. And by the way, from a negotiating standpoint, it's a great negotiating standpoint, it's a great negotiating standpoint, it's a great tactic. Like your emotions aren't tactic. Like your emotions aren't tactic. Like your emotions aren't getting in the way, you're not even getting in the way, you're not even getting in the way, you're not even letting things that you have said letting things that you have said letting things that you have said previously stop you from getting the previously stop you from getting the previously stop you from getting the outcome that you actually want, that outcome that you actually want, that outcome that you actually want, that much of what you say is actually much of what you say is actually much of what you say is actually [ __ ] anyway. You're just trying to [ __ ] anyway. You're just trying to [ __ ] anyway. You're just trying to position them psychologically where you position them psychologically where you position them psychologically where you want them so that you can get the deal want them so that you can get the deal want them so that you can get the deal done. done. done. But I'm not sure that that's true, and But I'm not sure that that's true, and But I'm not sure that that's true, and I'm not sure that he's mapping people in I'm not sure that he's mapping people in I'm not sure that he's mapping people in an existential crisis what they behave an existential crisis what they behave an existential crisis what they behave like. And I really think when you like. And I really think when you like. And I really think when you compound that with um this being a compound that with um this being a compound that with um this being a theocracy, that you end up with a theocracy, that you end up with a theocracy, that you end up with a mentality that he just does not know how mentality that he just does not know how mentality that he just does not know how to map accurately. And so, he is just to map accurately. And so, he is just to map accurately. And so, he is just routinely confused that they will not routinely confused that they will not routinely confused that they will not capitulate. capitulate. capitulate. With the estimates of the war costing With the estimates of the war costing With the estimates of the war costing around $72 billion so far, around $72 billion so far, around $72 billion so far, do you think that there's any economic do you think that there's any economic do you think that there's any economic blowback that America can get? we talked blowback that America can get? we talked blowback that America can get? we talked about oil prices already, but about oil prices already, but about oil prices already, but if Iran does buy time and this becomes a if Iran does buy time and this becomes a if Iran does buy time and this becomes a stalemate of yeah, yeah, yeah, we'll stalemate of yeah, yeah, yeah, we'll stalemate of yeah, yeah, yeah, we'll sign the paper next week. Yeah, we'll sign the paper next week. Yeah, we'll sign the paper next week. Yeah, we'll sign the paper next week. And kind of sign the paper next week. And kind of sign the paper next week. And kind of similar to what uh Putin has done to similar to what uh Putin has done to similar to what uh Putin has done to Trump over the Russia-Ukraine conflict, Trump over the Russia-Ukraine conflict, Trump over the Russia-Ukraine conflict, if this starts kind of getting dragged if this starts kind of getting dragged if this starts kind of getting dragged out into month three, month four, month out into month three, month four, month out into month three, month four, month five, month month six, five, month month six, five, month month six, outside of the oil shock, is there any outside of the oil shock, is there any outside of the oil shock, is there any other financial, economic other financial, economic other financial, economic uh uh uh impact we might feel um that would cause impact we might feel um that would cause impact we might feel um that would cause Trump to change his tune want to end the Trump to change his tune want to end the Trump to change his tune want to end the war faster than what he like cuz it war faster than what he like cuz it war faster than what he like cuz it seems like we can't play this waiting seems like we can't play this waiting seems like we can't play this waiting game that Iran can. game that Iran can. game that Iran can. Or is it Did I read that wrong? The The Or is it Did I read that wrong? The The Or is it Did I read that wrong? The The question is who can play the waiting question is who can play the waiting question is who can play the waiting game the longest. So, because we're game the longest. So, because we're game the longest. So, because we're being spun at all times, it's very being spun at all times, it's very being spun at all times, it's very difficult to understand what's actually difficult to understand what's actually difficult to understand what's actually true about the Iranian markets. true about the Iranian markets. true about the Iranian markets. Obviously, we have a much clearer Obviously, we have a much clearer Obviously, we have a much clearer picture into what's going on in the US. picture into what's going on in the US. picture into what's going on in the US. Trump is not going to survive the Trump is not going to survive the Trump is not going to survive the midterms unless he can get the economy midterms unless he can get the economy midterms unless he can get the economy humming for Middle America. So, for humming for Middle America. So, for humming for Middle America. So, for right now, everything that Trump has right now, everything that Trump has right now, everything that Trump has been doing has been an absolute godsend been doing has been an absolute godsend been doing has been an absolute godsend for people that already own assets. It for people that already own assets. It for people that already own assets. It is such a weird position for me to be is such a weird position for me to be is such a weird position for me to be just day and night arguing against just day and night arguing against just day and night arguing against things that are so good for me things that are so good for me things that are so good for me financially. financially. financially. Uh, but the reality is they're only good Uh, but the reality is they're only good Uh, but the reality is they're only good in the short term and they will in the short term and they will in the short term and they will absolutely blow up in our face. So, absolutely blow up in our face. So, absolutely blow up in our face. So, Trump is in a race against the midterms. Trump is in a race against the midterms. Trump is in a race against the midterms. If gas prices are where they're at now, If gas prices are where they're at now, If gas prices are where they're at now, that will play out exactly like that will play out exactly like that will play out exactly like inflation. It isn't inflation, but it inflation. It isn't inflation, but it inflation. It isn't inflation, but it has the same effect of the thing that has the same effect of the thing that has the same effect of the thing that people actually care about, which is people actually care about, which is people actually care about, which is prices going up. prices going up. prices going up. >> Rising prices. This is a brief PSA. >> Rising prices. This is a brief PSA. >> Rising prices. This is a brief PSA. Prices going up is prices going up. Prices going up is prices going up. Prices going up is prices going up. Inflation is increasing the money Inflation is increasing the money Inflation is increasing the money supply. supply. supply. Anyway, energy prices going up is the Anyway, energy prices going up is the Anyway, energy prices going up is the only thing that acts in such a broad only thing that acts in such a broad only thing that acts in such a broad systemic fashion that it feels like systemic fashion that it feels like systemic fashion that it feels like inflation. Um, so, if he doesn't get inflation. Um, so, if he doesn't get inflation. Um, so, if he doesn't get that turned around, if he doesn't get that turned around, if he doesn't get that turned around, if he doesn't get energy prices back down, he's going to energy prices back down, he's going to energy prices back down, he's going to be in real trouble. He's also got to be in real trouble. He's also got to be in real trouble. He's also got to show that hey, all these things that show that hey, all these things that show that hey, all these things that we've done to get these investments into we've done to get these investments into we've done to get these investments into the US are actually turning into real the US are actually turning into real the US are actually turning into real jobs so that he can make a credible jobs so that he can make a credible jobs so that he can make a credible case. Hey, everybody, I lowered your case. Hey, everybody, I lowered your case. Hey, everybody, I lowered your taxes. Um, you got bigger refund checks. taxes. Um, you got bigger refund checks. taxes. Um, you got bigger refund checks. There are more jobs for the people that There are more jobs for the people that There are more jobs for the people that have really been struggling. Your wages have really been struggling. Your wages have really been struggling. Your wages are going up. If he can't tell that are going up. If he can't tell that are going up. If he can't tell that story by the midterms, it's game over. story by the midterms, it's game over. story by the midterms, it's game over. Like it's almost always game over for Like it's almost always game over for Like it's almost always game over for the um, president's administration at the um, president's administration at the um, president's administration at the midterms anyway. Like those just the midterms anyway. Like those just the midterms anyway. Like those just tend to flip. And right now, he has just tend to flip. And right now, he has just tend to flip. And right now, he has just made a complete mess. It's like somebody made a complete mess. It's like somebody made a complete mess. It's like somebody was like, "Listen, you're a hoarder. was like, "Listen, you're a hoarder. was like, "Listen, you're a hoarder. Your place is a total disaster. I'm Your place is a total disaster. I'm Your place is a total disaster. I'm going to come in, I'm going to organize going to come in, I'm going to organize going to come in, I'm going to organize everything, but for a minute it's going everything, but for a minute it's going everything, but for a minute it's going to look worse. And then it's like, to look worse. And then it's like, to look worse. And then it's like, for an hour it's looked worse. For a day for an hour it's looked worse. For a day for an hour it's looked worse. For a day it's a week it's looked worse. A month it's a week it's looked worse. A month it's a week it's looked worse. A month it's looked worse. Now it's like, bro, it's looked worse. Now it's like, bro, it's looked worse. Now it's like, bro, did you actually just make it worse? did you actually just make it worse? did you actually just make it worse? Like, it was bad before you came in, but Like, it was bad before you came in, but Like, it was bad before you came in, but it's now worse. And so, what exactly is it's now worse. And so, what exactly is it's now worse. And so, what exactly is happening? happening? happening? >> affordability is [ __ ] like >> affordability is [ __ ] like >> affordability is [ __ ] like Uh, I think I did. This is That's from Uh, I think I did. This is That's from Uh, I think I did. This is That's from the over the weekend, yeah. lower the over the weekend, yeah. lower the over the weekend, yeah. lower prices. You know, use the word prices. You know, use the word prices. You know, use the word affordability, but I was the one that affordability, but I was the one that affordability, but I was the one that that received these high prices. You that received these high prices. You that received these high prices. You know, amazing. know, amazing. know, amazing. I come into office and I say, "Wow, look I come into office and I say, "Wow, look I come into office and I say, "Wow, look at how high these prices are." And the at how high these prices are." And the at how high these prices are." And the Democrats start screaming, Democrats start screaming, Democrats start screaming, "Affordability! Affordability!" "Affordability! Affordability!" "Affordability! Affordability!" They're the ones that caused the They're the ones that caused the They're the ones that caused the problem. problem. problem. I'll tell you one thing, they got one I'll tell you one thing, they got one I'll tell you one thing, they got one good line of [ __ ] That's one thing good line of [ __ ] That's one thing good line of [ __ ] That's one thing I'll say about it. I'll say about it. I'll say about it. They are so They are so They are so >> So, listen, he's not wrong about the >> So, listen, he's not wrong about the >> So, listen, he's not wrong about the Democrats being as involved in this as Democrats being as involved in this as Democrats being as involved in this as he is. he is. he is. The thing that drives me absolutely The thing that drives me absolutely The thing that drives me absolutely bananas about politics is they just want bananas about politics is they just want bananas about politics is they just want to blame the other person. Like, that to blame the other person. Like, that to blame the other person. Like, that really is the game. Now, that is a really is the game. Now, that is a really is the game. Now, that is a psychological problem created by all of psychological problem created by all of psychological problem created by all of us, where we want them to do that. We us, where we want them to do that. We us, where we want them to do that. We won't elect the person that doesn't give won't elect the person that doesn't give won't elect the person that doesn't give us the confidence that they're the right us the confidence that they're the right us the confidence that they're the right one, that the other team is wrong, one, that the other team is wrong, one, that the other team is wrong, especially not in the populace moment. especially not in the populace moment. especially not in the populace moment. So, like, I get how we get here, but So, like, I get how we get here, but So, like, I get how we get here, but it's nonetheless a really maddening it's nonetheless a really maddening it's nonetheless a really maddening feature of human psychology. And so, the feature of human psychology. And so, the feature of human psychology. And so, the only way to get out of this is if we only way to get out of this is if we only way to get out of this is if we eventually can leverage the volume and eventually can leverage the volume and eventually can leverage the volume and velocity of information from social velocity of information from social velocity of information from social media to say, "We're a solution-oriented media to say, "We're a solution-oriented media to say, "We're a solution-oriented crowd now." I give that like maybe 0.02% crowd now." I give that like maybe 0.02% crowd now." I give that like maybe 0.02% chance, but that actually would work. chance, but that actually would work. chance, but that actually would work. Like, if we could get people to focus Like, if we could get people to focus Like, if we could get people to focus on, "Okay, these are the results that on, "Okay, these are the results that on, "Okay, these are the results that we're going for, and here are the things we're going for, and here are the things we're going for, and here are the things that we're trying to do, and these are that we're trying to do, and these are that we're trying to do, and these are the outcomes that we're having." But, if the outcomes that we're having." But, if the outcomes that we're having." But, if you look at the country that's running you look at the country that's running you look at the country that's running the most interesting, {quote} natural the most interesting, {quote} natural the most interesting, {quote} natural experiment right now, experiment right now, experiment right now, it's Argentina. And even there, despite it's Argentina. And even there, despite it's Argentina. And even there, despite the big numbers that this guy's posted, the big numbers that this guy's posted, the big numbers that this guy's posted, um people still want him to fail. Like um people still want him to fail. Like um people still want him to fail. Like there's a huge part of there's a huge part of there's a huge part of um um um his own voter base that want to see him his own voter base that want to see him his own voter base that want to see him not not the people necessarily who voted not not the people necessarily who voted not not the people necessarily who voted for him, but the populace that could for him, but the populace that could for him, but the populace that could potentially vote for him or the potentially vote for him or the potentially vote for him or the opposition that want to see him fail. opposition that want to see him fail. opposition that want to see him fail. And that comes down to ideology. And that comes down to ideology. And that comes down to ideology. Everybody thinks that they see the world Everybody thinks that they see the world Everybody thinks that they see the world in the right way instead of doing things in the right way instead of doing things in the right way instead of doing things from cause and effect. Um and that is from cause and effect. Um and that is from cause and effect. Um and that is that is the thing that really drives me that is the thing that really drives me that is the thing that really drives me crazy. So period, if you have a crazy. So period, if you have a crazy. So period, if you have a follow-up, if you don't, I have a a follow-up, if you don't, I have a a follow-up, if you don't, I have a a fractal if you will indulge me. fractal if you will indulge me. fractal if you will indulge me. >> Hit me with it. So okay, um >> Hit me with it. So okay, um >> Hit me with it. So okay, um writing a series is going to end up writing a series is going to end up writing a series is going to end up being three parts at least. Maybe I'll being three parts at least. Maybe I'll being three parts at least. Maybe I'll find another part on the fact that we're find another part on the fact that we're find another part on the fact that we're either actually living in a simulation either actually living in a simulation either actually living in a simulation or the simulation is just the perfect or the simulation is just the perfect or the simulation is just the perfect metaphor because I do get the pushback metaphor because I do get the pushback metaphor because I do get the pushback that the comments on the video, the that the comments on the video, the that the comments on the video, the first one in the series that we're first one in the series that we're first one in the series that we're saying um saying um saying um every society takes whatever the every society takes whatever the every society takes whatever the dominant technological metaphor is and dominant technological metaphor is and dominant technological metaphor is and they say the universe works like that. they say the universe works like that. they say the universe works like that. So when the clock was the coolest piece So when the clock was the coolest piece So when the clock was the coolest piece of tech, we said the universe works like of tech, we said the universe works like of tech, we said the universe works like a clock. Now that it's um you know, all a clock. Now that it's um you know, all a clock. Now that it's um you know, all AI and technology, we're like, oh we AI and technology, we're like, oh we AI and technology, we're like, oh we live in a simulation. And so um I get live in a simulation. And so um I get live in a simulation. And so um I get that and I think that's very real. And that and I think that's very real. And that and I think that's very real. And so it's entirely possible that this is so it's entirely possible that this is so it's entirely possible that this is just me getting to, oh we have now a just me getting to, oh we have now a just me getting to, oh we have now a dominant metaphor that's way more dominant metaphor that's way more dominant metaphor that's way more successful than any other metaphor. And successful than any other metaphor. And successful than any other metaphor. And I know you and I are going to disagree I know you and I are going to disagree I know you and I are going to disagree on this, forgive me, but I think God was on this, forgive me, but I think God was on this, forgive me, but I think God was the metaphor that people used, right? So the metaphor that people used, right? So the metaphor that people used, right? So the first one was like a pagan approach. the first one was like a pagan approach. the first one was like a pagan approach. It's like uh It's like uh It's like uh the sun is a god, the wolf is a god, the the sun is a god, the wolf is a god, the the sun is a god, the wolf is a god, the eagle's a god, everything's a god and eagle's a god, everything's a god and eagle's a god, everything's a god and they're trying to tell us things. And so they're trying to tell us things. And so they're trying to tell us things. And so that was how they interfaced with the that was how they interfaced with the that was how they interfaced with the world and so it made sense that that's world and so it made sense that that's world and so it made sense that that's how they would see it. Uh then we get to how they would see it. Uh then we get to how they would see it. Uh then we get to a monotheistic god and it's like, oh a monotheistic god and it's like, oh a monotheistic god and it's like, oh okay, this is like sort of a king. Oh, okay, this is like sort of a king. Oh, okay, this is like sort of a king. Oh, this is like the king in the sky. Cool, this is like the king in the sky. Cool, this is like the king in the sky. Cool, I get this metaphor. And so, that I get this metaphor. And so, that I get this metaphor. And so, that becomes the way that we think about it. becomes the way that we think about it. becomes the way that we think about it. And we talked about the clock and now on And we talked about the clock and now on And we talked about the clock and now on the new technology. So, I get it. I'm the new technology. So, I get it. I'm the new technology. So, I get it. I'm perfectly willing to accept that. perfectly willing to accept that. perfectly willing to accept that. However, However, However, as a metaphor, it explains so much. It's as a metaphor, it explains so much. It's as a metaphor, it explains so much. It's insanely useful. insanely useful. insanely useful. And as I was writing the most recent And as I was writing the most recent And as I was writing the most recent one, I was talking about how math So, one, I was talking about how math So, one, I was talking about how math So, the the newest one is four signatures the the newest one is four signatures the the newest one is four signatures that that that you live in a simulation. Like, there you live in a simulation. Like, there you live in a simulation. Like, there Uh we won't know it's a simulation, but Uh we won't know it's a simulation, but Uh we won't know it's a simulation, but there'll be clues, right? The there'll be clues, right? The there'll be clues, right? The uh the meme. And one of the clues is uh the meme. And one of the clues is uh the meme. And one of the clues is that mathematics that mathematics that mathematics is the source code of the universe. is the source code of the universe. is the source code of the universe. And I don't mean that in a flowery way. And I don't mean that in a flowery way. And I don't mean that in a flowery way. I mean, math is how the universe runs I mean, math is how the universe runs I mean, math is how the universe runs the simulation. And so, if you believe the simulation. And so, if you believe the simulation. And so, if you believe that mathematics is something that we that mathematics is something that we that mathematics is something that we invent to explain to ourselves um invent to explain to ourselves um invent to explain to ourselves um different like bookkeeping principles different like bookkeeping principles different like bookkeeping principles and things like that. Um and it's and things like that. Um and it's and things like that. Um and it's essentially a language, then you would essentially a language, then you would essentially a language, then you would expect disparate people separated by expect disparate people separated by expect disparate people separated by geography and time to describe geography and time to describe geography and time to describe uh things in very different languages. uh things in very different languages. uh things in very different languages. But, they don't. And so, they end up in But, they don't. And so, they end up in But, they don't. And so, they end up in I give in the piece like four or five I give in the piece like four or five I give in the piece like four or five examples of times where brilliant people examples of times where brilliant people examples of times where brilliant people like Newton are trying to um describe like Newton are trying to um describe like Newton are trying to um describe the motion of bodies, say. And so, he the motion of bodies, say. And so, he the motion of bodies, say. And so, he invents calculus. But, crazily enough, invents calculus. But, crazily enough, invents calculus. But, crazily enough, another guy who doesn't know Newton, another guy who doesn't know Newton, another guy who doesn't know Newton, doesn't know Newton's working on, has doesn't know Newton's working on, has doesn't know Newton's working on, has never seen any of Newton's notes, comes never seen any of Newton's notes, comes never seen any of Newton's notes, comes up with the exact same underlying up with the exact same underlying up with the exact same underlying mathematics. And so, that happens over mathematics. And so, that happens over mathematics. And so, that happens over and over and over and over. Somebody and over and over and over. Somebody and over and over and over. Somebody will find something in math will say will find something in math will say will find something in math will say like it will predict something like the like it will predict something like the like it will predict something like the Higgs boson. People are like, Higgs boson. People are like, Higgs boson. People are like, "Every time the math says something it "Every time the math says something it "Every time the math says something it it exists, it does end up existing." And it exists, it does end up existing." And it exists, it does end up existing." And so, they build the Large Hadron so, they build the Large Hadron so, they build the Large Hadron Collider, they do all the stuff, and Collider, they do all the stuff, and Collider, they do all the stuff, and they find that okay, it really does they find that okay, it really does they find that okay, it really does exist. All right, this was a whole lot exist. All right, this was a whole lot exist. All right, this was a whole lot of preamble to get you to if that is of preamble to get you to if that is of preamble to get you to if that is true and the universe runs on math, then true and the universe runs on math, then true and the universe runs on math, then the universe is deterministic. Once the the universe is deterministic. Once the the universe is deterministic. Once the universe is deterministic, we don't have universe is deterministic, we don't have universe is deterministic, we don't have free will. Once we don't have free will, free will. Once we don't have free will, free will. Once we don't have free will, we are like the ultimate responder bots. we are like the ultimate responder bots. we are like the ultimate responder bots. And because of all of that, the way that And because of all of that, the way that And because of all of that, the way that we respond to all of this stuff becomes we respond to all of this stuff becomes we respond to all of this stuff becomes distressingly predictable. And so, distressingly predictable. And so, distressingly predictable. And so, pulling us out of the way that we pulling us out of the way that we pulling us out of the way that we process data and respond to all of this process data and respond to all of this process data and respond to all of this stuff is just it's unavoidable. It's stuff is just it's unavoidable. It's stuff is just it's unavoidable. It's baked into baked into baked into literally our DNA, literally our DNA, literally our DNA, which itself is running math. Mhm. And which itself is running math. Mhm. And which itself is running math. Mhm. And because of that, no matter how well we because of that, no matter how well we because of that, no matter how well we come to understand what's happening, we come to understand what's happening, we come to understand what's happening, we will be stuck inside of the forces that will be stuck inside of the forces that will be stuck inside of the forces that are written in math. It's so Anyway, are written in math. It's so Anyway, are written in math. It's so Anyway, that was probably way too indulgent. that was probably way too indulgent. that was probably way too indulgent. >> No, but yeah, like forces you you I feel >> No, but yeah, like forces you you I feel >> No, but yeah, like forces you you I feel like I didn't you didn't land the plane like I didn't you didn't land the plane like I didn't you didn't land the plane yet. Like what do you mean yet. Like what do you mean yet. Like what do you mean >> Here's the bad news. I did land the >> Here's the bad news. I did land the >> Here's the bad news. I did land the plane and it's The deterministic? Like plane and it's The deterministic? Like plane and it's The deterministic? Like that's the it that's the it that's the it >> So, this started because I was trying to >> So, this started because I was trying to >> So, this started because I was trying to explain the way that I wish politicians explain the way that I wish politicians explain the way that I wish politicians would approach would approach would approach >> that they would look for cause and >> that they would look for cause and >> that they would look for cause and effect. effect. effect. >> Okay. Okay. The universe runs on cause >> Okay. Okay. The universe runs on cause >> Okay. Okay. The universe runs on cause and effect, which is why it's so useful. and effect, which is why it's so useful. and effect, which is why it's so useful. We are deterministic creatures, We are deterministic creatures, We are deterministic creatures, but we are not but we are not but we are not evolved evolved evolved to identify what is to identify what is to identify what is true from a cause and effect true from a cause and effect true from a cause and effect perspective. We're not even motivated by perspective. We're not even motivated by perspective. We're not even motivated by it, which is crazy. We're motivated to it, which is crazy. We're motivated to it, which is crazy. We're motivated to be right. be right. be right. Now, anytime you come to a termination Now, anytime you come to a termination Now, anytime you come to a termination point where it's like, but humans are point where it's like, but humans are point where it's like, but humans are this way, this is the story of my adult this way, this is the story of my adult this way, this is the story of my adult life. If you want to understand why I life. If you want to understand why I life. If you want to understand why I stopped doing mindset content, this stopped doing mindset content, this stopped doing mindset content, this realization is why. realization is why. realization is why. That humans are wired a certain way, That humans are wired a certain way, That humans are wired a certain way, adults can change but they won't. Just adults can change but they won't. Just adults can change but they won't. Just the the odds are a very very very very the the odds are a very very very very the the odds are a very very very very very small number of them will actually very small number of them will actually very small number of them will actually change. Even though we can, we don't change. Even though we can, we don't change. Even though we can, we don't because of weird idiosyncrasies in the because of weird idiosyncrasies in the because of weird idiosyncrasies in the way that we are coded. way that we are coded. way that we are coded. Metaphor or not, if you think of it that Metaphor or not, if you think of it that Metaphor or not, if you think of it that way all of a sudden this all slots into way all of a sudden this all slots into way all of a sudden this all slots into place. So, there is a place. So, there is a place. So, there is a sense of okay, I'm putting out this idea sense of okay, I'm putting out this idea sense of okay, I'm putting out this idea I wish politicians would do the I wish politicians would do the I wish politicians would do the following. Look at cause and effect, following. Look at cause and effect, following. Look at cause and effect, understand that there are paths out of understand that there are paths out of understand that there are paths out of this, but they have to get elected. The this, but they have to get elected. The this, but they have to get elected. The populist moves by emotion, not by logic populist moves by emotion, not by logic populist moves by emotion, not by logic or deterministic cause and effect. or deterministic cause and effect. or deterministic cause and effect. They're just not motivated by it. And They're just not motivated by it. And They're just not motivated by it. And so, so, so, it was this huge diatribe that probably it was this huge diatribe that probably it was this huge diatribe that probably means you need to fire me because means you need to fire me because means you need to fire me because it just won't work. But nonetheless, it just won't work. But nonetheless, it just won't work. But nonetheless, I I I I stare into the abyss of how true it is I stare into the abyss of how true it is I stare into the abyss of how true it is and I can't stop myself. God, that was unsatisfying for you. No, God, that was unsatisfying for you. No, the reason it's unsatisfying for me is the reason it's unsatisfying for me is the reason it's unsatisfying for me is cuz just a deterministic outcome just cuz just a deterministic outcome just cuz just a deterministic outcome just makes it feel worthless. Mhm. makes it feel worthless. Mhm. makes it feel worthless. Mhm. Mhm. Mhm. Mhm. And [snorts] why is that exciting? And [snorts] why is that exciting? And [snorts] why is that exciting? It's not exciting. I feel seen. Oh, It's not exciting. I feel seen. Oh, It's not exciting. I feel seen. Oh, okay. Okay, okay, okay. okay. Okay, okay, okay. okay. Okay, okay, okay. >> So, keep in mind that >> So, keep in mind that >> So, keep in mind that um um um Drew, I used to get made fun of openly Drew, I used to get made fun of openly Drew, I used to get made fun of openly mocked mocked mocked >> Mhm. because everyone was like, this kid >> Mhm. because everyone was like, this kid >> Mhm. because everyone was like, this kid is so dough-eyed and is just convinced is so dough-eyed and is just convinced is so dough-eyed and is just convinced that he can put the right sequence of that he can put the right sequence of that he can put the right sequence of words together to help anybody words together to help anybody words together to help anybody um improve their life. This is long um improve their life. This is long um improve their life. This is long before I'm posting on social media. It's before I'm posting on social media. It's before I'm posting on social media. It's long before social media exists. long before social media exists. long before social media exists. And I remember thinking, these guys are And I remember thinking, these guys are And I remember thinking, these guys are so [ __ ] cynical. so [ __ ] cynical. so [ __ ] cynical. And I'm never going to allow that to And I'm never going to allow that to And I'm never going to allow that to happen to myself. happen to myself. happen to myself. And I would go into um And I would go into um And I would go into um I'd go in early at my company. For I'd go in early at my company. For I'd go in early at my company. For people who know the story, I'm the one people who know the story, I'm the one people who know the story, I'm the one that was like, hey, we should be willing that was like, hey, we should be willing that was like, hey, we should be willing to hire convicts and all this stuff and to hire convicts and all this stuff and to hire convicts and all this stuff and do all this incredible stuff from a like do all this incredible stuff from a like do all this incredible stuff from a like it really did feel good and it really it really did feel good and it really it really did feel good and it really was cool and the small number of people was cool and the small number of people was cool and the small number of people that did something with it is awesome that did something with it is awesome that did something with it is awesome and and and trust me on on the cold winter nights I trust me on on the cold winter nights I trust me on on the cold winter nights I just focus on those people. just focus on those people. just focus on those people. Um, but what I ended up realizing was Um, but what I ended up realizing was Um, but what I ended up realizing was the number is somewhere around 2%. 2% of the number is somewhere around 2%. 2% of the number is somewhere around 2%. 2% of people will take new ideas as adults and people will take new ideas as adults and people will take new ideas as adults and they'll change and and they'll do they'll change and and they'll do they'll change and and they'll do something. And then over time I something. And then over time I something. And then over time I realized, okay, that's just realized, okay, that's just realized, okay, that's just if I really steer by cause and effect, I if I really steer by cause and effect, I if I really steer by cause and effect, I need to accept that this is the cause need to accept that this is the cause need to accept that this is the cause and effect. I understand the brain and effect. I understand the brain and effect. I understand the brain mechanisms. I know why people get there. mechanisms. I know why people get there. mechanisms. I know why people get there. Uh, we've got, you know, tens of Uh, we've got, you know, tens of Uh, we've got, you know, tens of thousands of years of human history of thousands of years of human history of thousands of years of human history of just mapping what humans are really just mapping what humans are really just mapping what humans are really like. So anyway, my adult life is about like. So anyway, my adult life is about like. So anyway, my adult life is about encountering that over and over and over encountering that over and over and over encountering that over and over and over and over and over and realizing, oh, and over and over and realizing, oh, and over and over and realizing, oh, they're the they're the they're the humans become obscenely predictable humans become obscenely predictable humans become obscenely predictable when you zoom out. when you zoom out. when you zoom out. >> Mhm. And if that's true and I can zoom >> Mhm. And if that's true and I can zoom >> Mhm. And if that's true and I can zoom out and I can see what humans are like, out and I can see what humans are like, out and I can see what humans are like, it it's very distressing. it it's very distressing. it it's very distressing. And you just go, whoa, okay, so And you just go, whoa, okay, so And you just go, whoa, okay, so given that, what do you do with that given that, what do you do with that given that, what do you do with that information? Now, I choose to remain information? Now, I choose to remain information? Now, I choose to remain optimistic and to affect the 2% that I optimistic and to affect the 2% that I optimistic and to affect the 2% that I can affect and uh uh can affect and uh uh can affect and uh uh um, but um, but um, but I really should stop talking about this. I really should stop talking about this. I really should stop talking about this. This is bad TV. But This is bad TV. But This is bad TV. But >> uh, okay, I cuz I have something to >> uh, okay, I cuz I have something to >> uh, okay, I cuz I have something to that. Because I think that there's a that. Because I think that there's a that. Because I think that there's a line. line. line. Here's the quiet part out loud, right? Here's the quiet part out loud, right? Here's the quiet part out loud, right? It's one thing to have an optimistic It's one thing to have an optimistic It's one thing to have an optimistic mindset. It's one thing to be positive mindset. It's one thing to be positive mindset. It's one thing to be positive and goal-oriented and say, you can do and goal-oriented and say, you can do and goal-oriented and say, you can do anything you want to be, American dream, anything you want to be, American dream, anything you want to be, American dream, we can all do it. we can all do it. we can all do it. But I think Churchill said it's the true But I think Churchill said it's the true But I think Churchill said it's the true success is going from failure to failure success is going from failure to failure success is going from failure to failure without loss of optimism. A loss of without loss of optimism. A loss of without loss of optimism. A loss of enthusiasm. enthusiasm. enthusiasm. >> Loss of enthusiasm, yeah. So it's like >> Loss of enthusiasm, yeah. So it's like >> Loss of enthusiasm, yeah. So it's like as much as I can be successful in that as much as I can be successful in that as much as I can be successful in that way and just be like, well, I didn't way and just be like, well, I didn't way and just be like, well, I didn't make that one, but the next one will make that one, but the next one will make that one, but the next one will work and the next one will work. work and the next one will work. work and the next one will work. If nothing at ever works, If nothing at ever works, If nothing at ever works, then there comes a point in time where then there comes a point in time where then there comes a point in time where then somebody can then step up to me then somebody can then step up to me then somebody can then step up to me like, hey, that was wrong. That was a like, hey, that was wrong. That was a like, hey, that was wrong. That was a wrong statement. But to me, wrong statement. But to me, wrong statement. But to me, it shouldn't be result-based in order to it shouldn't be result-based in order to it shouldn't be result-based in order to have the notion and the outcome in that have the notion and the outcome in that have the notion and the outcome in that in that feeling. So, I think in that feeling. So, I think in that feeling. So, I think because you because you because you you crossed the mountain, you you did you crossed the mountain, you you did you crossed the mountain, you you did the unicorn, you did all these things, the unicorn, you did all these things, the unicorn, you did all these things, now you're inspiring and saying these now you're inspiring and saying these now you're inspiring and saying these things, people are like, "Okay, he did things, people are like, "Okay, he did things, people are like, "Okay, he did the thing. I can listen to him. I can the thing. I can listen to him. I can the thing. I can listen to him. I can kind of go to it." But, do you think kind of go to it." But, do you think kind of go to it." But, do you think that if you've never done the company, that if you've never done the company, that if you've never done the company, you would have one remained as you would have one remained as you would have one remained as optimistic for the 2%? Or two, do you optimistic for the 2%? Or two, do you optimistic for the 2%? Or two, do you think some of those outside voices would think some of those outside voices would think some of those outside voices would have then permeated because you did have then permeated because you did have then permeated because you did wouldn't have had anything to kind of wouldn't have had anything to kind of wouldn't have had anything to kind of rest on? The outside voices did rest on? The outside voices did rest on? The outside voices did permeate. Mhm. What I'm trying to say is permeate. Mhm. What I'm trying to say is permeate. Mhm. What I'm trying to say is I now realize 98% of people will never I now realize 98% of people will never I now realize 98% of people will never do anything with the information. They do anything with the information. They do anything with the information. They are stuck inside of a frame of reference are stuck inside of a frame of reference are stuck inside of a frame of reference that they can't see or understand. They that they can't see or understand. They that they can't see or understand. They don't know how to manipulate and get don't know how to manipulate and get don't know how to manipulate and get outside of it. outside of it. outside of it. Uh it is it is a tragedy for which I am Uh it is it is a tragedy for which I am Uh it is it is a tragedy for which I am angry at God, for real. Like, if I angry at God, for real. Like, if I angry at God, for real. Like, if I believed in God, I Oh my God, I would be believed in God, I Oh my God, I would be believed in God, I Oh my God, I would be I'm mad at the coder of the Matrix. Now, I'm mad at the coder of the Matrix. Now, I'm mad at the coder of the Matrix. Now, I may one day realize that this is just I may one day realize that this is just I may one day realize that this is just what you have to do to get a society to what you have to do to get a society to what you have to do to get a society to have momentum, maybe. Mhm. But, [ __ ] have momentum, maybe. Mhm. But, [ __ ] have momentum, maybe. Mhm. But, [ __ ] man. It It's wild. So, I uh I am still man. It It's wild. So, I uh I am still man. It It's wild. So, I uh I am still completely captured by optimism and uh completely captured by optimism and uh completely captured by optimism and uh motivating people. I love doing it. It motivating people. I love doing it. It motivating people. I love doing it. It makes me so happy. It makes me feel makes me so happy. It makes me feel makes me so happy. It makes me feel things uh that are very positive. But, things uh that are very positive. But, things uh that are very positive. But, um I want to make sure that what I put um I want to make sure that what I put um I want to make sure that what I put out into the world is actually high out into the world is actually high out into the world is actually high utility. And the reason that I started utility. And the reason that I started utility. And the reason that I started this whole stupid diatribe that I really this whole stupid diatribe that I really this whole stupid diatribe that I really should have stopped myself from doing I should have stopped myself from doing I should have stopped myself from doing I appreciate it. is that I was realizing I appreciate it. is that I was realizing I appreciate it. is that I was realizing I was giving advice to politicians that I was giving advice to politicians that I was giving advice to politicians that I know they won't take. And so, I was know they won't take. And so, I was know they won't take. And so, I was like, "Okay, hold on. What's the real like, "Okay, hold on. What's the real like, "Okay, hold on. What's the real advice here? How do we get back to it?" advice here? How do we get back to it?" advice here? How do we get back to it?" Which then allowed me to be super Which then allowed me to be super Which then allowed me to be super indulgent about the math thing, which is indulgent about the math thing, which is indulgent about the math thing, which is really I find utterly fascinating. really I find utterly fascinating. really I find utterly fascinating. So, part of me just wanted to talk about So, part of me just wanted to talk about So, part of me just wanted to talk about it. But, um the reality is that we have it. But, um the reality is that we have it. But, um the reality is that we have to operate with politicians inside the to operate with politicians inside the to operate with politicians inside the frame of reference of the reality of how frame of reference of the reality of how frame of reference of the reality of how humans respond. And in a populist humans respond. And in a populist humans respond. And in a populist moment, it's about emotion. So, um any moment, it's about emotion. So, um any moment, it's about emotion. So, um any advice that I give to a politician that advice that I give to a politician that advice that I give to a politician that doesn't manipulating people's emotions doesn't manipulating people's emotions doesn't manipulating people's emotions isn't real. isn't real. isn't real. That's so crazy. That's so distressing. That's so crazy. That's so distressing. That's so crazy. That's so distressing. Uh but nonetheless is true. Okay, I'm Uh but nonetheless is true. Okay, I'm Uh but nonetheless is true. Okay, I'm going to stop there. Michael in the chat going to stop there. Michael in the chat going to stop there. Michael in the chat said, "This is your network moment. I'm said, "This is your network moment. I'm said, "This is your network moment. I'm mad and I'm not taking it anymore." No, mad and I'm not taking it anymore." No, mad and I'm not taking it anymore." No, it's not. Like this is this is it's not. Like this is this is it's not. Like this is this is um um um this is me being emotionally indulgent. being emotionally indulgent. And I think this every day that I'm And I think this every day that I'm And I think this every day that I'm talking on camera. I just don't normally talking on camera. I just don't normally talking on camera. I just don't normally talk about it. But I had the hook of the talk about it. But I had the hook of the talk about it. But I had the hook of the math thing and I really wanted to talk math thing and I really wanted to talk math thing and I really wanted to talk about it. about it. about it. Uh so Uh so Uh so yeah. The Have I ever had a I'm mad as yeah. The Have I ever had a I'm mad as yeah. The Have I ever had a I'm mad as hell? The only time I get the I'm mad as hell? The only time I get the I'm mad as hell? The only time I get the I'm mad as hell is the economics thing. Because hell is the economics thing. Because hell is the economics thing. Because here's what I see. The reason that my here's what I see. The reason that my here's what I see. The reason that my nemesis spirit animal nemesis spirit animal nemesis spirit animal because I think he's smart enough to because I think he's smart enough to because I think he's smart enough to understand what he's doing. And because understand what he's doing. And because understand what he's doing. And because I think he understands what he's doing, I think he understands what he's doing, I think he understands what he's doing, I think he's sinister. I think he's sinister. I think he's sinister. And so that makes me that animates me. And so that makes me that animates me. And so that makes me that animates me. With With With I cuz I that kind of brings to a greater I cuz I that kind of brings to a greater I cuz I that kind of brings to a greater point cuz some people in the chat are point cuz some people in the chat are point cuz some people in the chat are now talking. Somebody was like, "Oh, now talking. Somebody was like, "Oh, now talking. Somebody was like, "Oh, you're being too optimistic. It could be you're being too optimistic. It could be you're being too optimistic. It could be or too pessimistic. You could do this, or too pessimistic. You could do this, or too pessimistic. You could do this, you could do that." People are telling you could do that." People are telling you could do that." People are telling us Here's the thing. At some point, I us Here's the thing. At some point, I us Here's the thing. At some point, I will I don't know why I want to do this. will I don't know why I want to do this. will I don't know why I want to do this. >> Yeah. >> Yeah. >> Yeah. But I part of me wants to do this. This But I part of me wants to do this. This But I part of me wants to do this. This is very weird. Um I I want to just stand is very weird. Um I I want to just stand is very weird. Um I I want to just stand there. Have you ever seen Do you do Do there. Have you ever seen Do you do Do there. Have you ever seen Do you do Do you like MMA? Uh yeah. Okay. Every now you like MMA? Uh yeah. Okay. Every now you like MMA? Uh yeah. Okay. Every now and then, MMA fighters who know better and then, MMA fighters who know better and then, MMA fighters who know better will stand in a ring and just beat the will stand in a ring and just beat the will stand in a ring and just beat the hell out of each other. And the hell out of each other. And the hell out of each other. And the commentators will be like, "This is fun commentators will be like, "This is fun commentators will be like, "This is fun to watch, but these guys know better. to watch, but these guys know better. to watch, but these guys know better. They should be trying jiu-jitsu, they They should be trying jiu-jitsu, they They should be trying jiu-jitsu, they should be doing other things. Like don't should be doing other things. Like don't should be doing other things. Like don't just stand there and bang." just stand there and bang." just stand there and bang." Every now and then, I just want to stand Every now and then, I just want to stand Every now and then, I just want to stand there and bang with somebody who is there and bang with somebody who is there and bang with somebody who is doing empty optimism. Now, the great doing empty optimism. Now, the great doing empty optimism. Now, the great irony of the guy who spent I mean, how irony of the guy who spent I mean, how irony of the guy who spent I mean, how long did I spend just doing mindset? 6 long did I spend just doing mindset? 6 long did I spend just doing mindset? 6 years? The guy that just mindset, years? The guy that just mindset, years? The guy that just mindset, mindset, mindset for 6 years mindset, mindset for 6 years mindset, mindset for 6 years is like, "Let's just stand and bang, and is like, "Let's just stand and bang, and is like, "Let's just stand and bang, and will just talk you out of all of those will just talk you out of all of those will just talk you out of all of those positions. Now, the only reason I want positions. Now, the only reason I want positions. Now, the only reason I want to do that is to get to the real to do that is to get to the real to do that is to get to the real position, and some part of me wants position, and some part of me wants position, and some part of me wants if you're 12 and your parents have if you're 12 and your parents have if you're 12 and your parents have allowed you into this feed, allowed you into this feed, allowed you into this feed, I would like to say something just to I would like to say something just to I would like to say something just to you right now. You really can do anything you set your You really can do anything you set your mind to, but beware of psychological mind to, but beware of psychological mind to, but beware of psychological traps that feel good but are low traps that feel good but are low traps that feel good but are low utility. utility. utility. If I can get you to recognize that you If I can get you to recognize that you If I can get you to recognize that you can pour time and energy into getting can pour time and energy into getting can pour time and energy into getting better, and you really will get better, better, and you really will get better, better, and you really will get better, and you really will be able to and you really will be able to and you really will be able to outperform people, and you really can outperform people, and you really can outperform people, and you really can get control of your emotions, and you get control of your emotions, and you get control of your emotions, and you really can build a life that you love really can build a life that you love really can build a life that you love more than you can imagine. It is all more than you can imagine. It is all more than you can imagine. It is all real, it is all possible, but there are real, it is all possible, but there are real, it is all possible, but there are these traps set for you, and those traps these traps set for you, and those traps these traps set for you, and those traps are platitudes. Those traps are things are platitudes. Those traps are things are platitudes. Those traps are things that maybe even with good intention, that maybe even with good intention, that maybe even with good intention, people just want you to feel better in people just want you to feel better in people just want you to feel better in the moment. Often times, the actual the moment. Often times, the actual the moment. Often times, the actual accomplishment that gives you like real accomplishment that gives you like real accomplishment that gives you like real fulfillment, a thing that can withstand fulfillment, a thing that can withstand fulfillment, a thing that can withstand grief, that gives you a sense of I've grief, that gives you a sense of I've grief, that gives you a sense of I've done something worthy, I'm becoming a done something worthy, I'm becoming a done something worthy, I'm becoming a person that I can be proud of. All of person that I can be proud of. All of person that I can be proud of. All of that is often times on fighting through that is often times on fighting through that is often times on fighting through the sort of intellectual candy of a the sort of intellectual candy of a the sort of intellectual candy of a thing that sounds awesome and it feels thing that sounds awesome and it feels thing that sounds awesome and it feels good, but you really have to push good, but you really have to push good, but you really have to push through to get to cause and effect. And through to get to cause and effect. And through to get to cause and effect. And if you get to cause and effect where you if you get to cause and effect where you if you get to cause and effect where you simply look at the world from okay, this simply look at the world from okay, this simply look at the world from okay, this thing feels good, but this thing thing feels good, but this thing thing feels good, but this thing actually works, I can measure the actually works, I can measure the actually works, I can measure the results that come out of it. If I can results that come out of it. If I can results that come out of it. If I can just get you to push through to that just get you to push through to that just get you to push through to that thing joyfully, optimistically, with thing joyfully, optimistically, with thing joyfully, optimistically, with hope in your heart, wanting to be hope in your heart, wanting to be hope in your heart, wanting to be better, wanting the world to be awesome better, wanting the world to be awesome better, wanting the world to be awesome because all of those things are because all of those things are because all of those things are possible, and if you allow the darkness possible, and if you allow the darkness possible, and if you allow the darkness to eat you, it will eat you. That's to eat you, it will eat you. That's to eat you, it will eat you. That's useless, don't do it, super low utility, useless, don't do it, super low utility, useless, don't do it, super low utility, not fun at all. Joy is the point of all not fun at all. Joy is the point of all not fun at all. Joy is the point of all of this. of this. of this. But, if I can get you to like push But, if I can get you to like push But, if I can get you to like push through the candy intellectual ideas through the candy intellectual ideas through the candy intellectual ideas that most people stop at and get you to that most people stop at and get you to that most people stop at and get you to cause and effect, we'll have done cause and effect, we'll have done cause and effect, we'll have done something. something. something. All right, I'll stop. And the cause of All right, I'll stop. And the cause of All right, I'll stop. And the cause of effect effect effect >> You keep doing this. No. >> You keep doing this. No. >> You keep doing this. No. >> I've tried to eject out of this. >> I've tried to eject out of this. >> I've tried to eject out of this. >> cuz I'm I'm I'm into it. I'm into it. >> cuz I'm I'm I'm into it. I'm into it. >> cuz I'm I'm I'm into it. I'm into it. And numbers are good. Um the the cause And numbers are good. Um the the cause And numbers are good. Um the the cause and effect is and effect is and effect is cuz I think that's the part that I'm cuz I think that's the part that I'm cuz I think that's the part that I'm disconnected cuz you are the same person disconnected cuz you are the same person disconnected cuz you are the same person if you try hard, work every day, you can if you try hard, work every day, you can if you try hard, work every day, you can get better at something. get better at something. get better at something. >> Cuz that's how utility. That's how >> Cuz that's how utility. That's how >> Cuz that's how utility. That's how utility. utility. utility. >> Yes, it's cause and effect. >> Yes, it's cause and effect. >> Yes, it's cause and effect. So, is it the So, is it the So, is it the Do you ever hear me say Do you ever hear me say Do you ever hear me say >> hard and your dream will come true? Like >> hard and your dream will come true? Like >> hard and your dream will come true? Like is it the thing we connect the hard work is it the thing we connect the hard work is it the thing we connect the hard work and the utility to? and the utility to? and the utility to? >> You're ready? This is You're ready? >> You're ready? This is You're ready? >> You're ready? This is You're ready? Yeah, give it to me. I'm Yeah, give it to me. I'm Yeah, give it to me. I'm Here's the real advice. If you're not Here's the real advice. If you're not Here's the real advice. If you're not smart enough, you're going to fail. smart enough, you're going to fail. smart enough, you're going to fail. So, now that I have your attention, dear So, now that I have your attention, dear So, now that I have your attention, dear 12-year-old, you're now going to spiral 12-year-old, you're now going to spiral 12-year-old, you're now going to spiral because your brain is going to grab that because your brain is going to grab that because your brain is going to grab that and it's going to go, "What if I'm not and it's going to go, "What if I'm not and it's going to go, "What if I'm not smart enough?" And you're going to waste smart enough?" And you're going to waste smart enough?" And you're going to waste a whole lot of time worried about a whole lot of time worried about a whole lot of time worried about whether you're smart enough or not. So, whether you're smart enough or not. So, whether you're smart enough or not. So, what I'm going to tell you is what I'm going to tell you is what I'm going to tell you is your brain is designed to make you your brain is designed to make you your brain is designed to make you worried about that, but for one reason worried about that, but for one reason worried about that, but for one reason and one reason only, to make that and one reason only, to make that and one reason only, to make that anxiety go away, you go get better. anxiety go away, you go get better. anxiety go away, you go get better. Literally, the anxiety is designed to Literally, the anxiety is designed to Literally, the anxiety is designed to get you to go take action. The bad news get you to go take action. The bad news get you to go take action. The bad news is you live in a high comfort society is you live in a high comfort society is you live in a high comfort society where you have another option where you where you have another option where you where you have another option where you can go the wrong way. Go veg. And now can go the wrong way. Go veg. And now can go the wrong way. Go veg. And now you can go veg, you can zone out, you you can go veg, you can zone out, you you can go veg, you can zone out, you can jerk off, you can only fans, blah, can jerk off, you can only fans, blah, can jerk off, you can only fans, blah, blah, blah. blah, blah. blah, blah. Drugs, whatever. Don't do it because if Drugs, whatever. Don't do it because if Drugs, whatever. Don't do it because if you go the other way with all of your you go the other way with all of your you go the other way with all of your fears that you may not be adequate, and fears that you may not be adequate, and fears that you may not be adequate, and you just stack skills relentlessly, like you just stack skills relentlessly, like you just stack skills relentlessly, like relentlessly, from now until the day you relentlessly, from now until the day you relentlessly, from now until the day you die, die, die, you may never be the LeBron or the you may never be the LeBron or the you may never be the LeBron or the Jordan of your chosen endeavor, whether Jordan of your chosen endeavor, whether Jordan of your chosen endeavor, whether it's accounting or basketball, it it's accounting or basketball, it it's accounting or basketball, it doesn't matter. You may never be the doesn't matter. You may never be the doesn't matter. You may never be the best of the best. best of the best. best of the best. But, if you can make your life 100 times But, if you can make your life 100 times But, if you can make your life 100 times better, and everyone everyone better, and everyone everyone better, and everyone everyone can make their life a hundred times can make their life a hundred times can make their life a hundred times better than it is. Now, you may be sad better than it is. Now, you may be sad better than it is. Now, you may be sad about your starting point, but being a about your starting point, but being a about your starting point, but being a hundred times better than your starting hundred times better than your starting hundred times better than your starting point is unbelievable. point is unbelievable. point is unbelievable. And so, getting people there, bless you, And so, getting people there, bless you, And so, getting people there, bless you, getting people there is very interesting getting people there is very interesting getting people there is very interesting to me. That's the thing that lights me to me. That's the thing that lights me to me. That's the thing that lights me on fire. It was interesting, we had on fire. It was interesting, we had on fire. It was interesting, we had somebody interviewing yesterday and they somebody interviewing yesterday and they somebody interviewing yesterday and they were like they didn't say these words, were like they didn't say these words, were like they didn't say these words, but the question was designed to get at but the question was designed to get at but the question was designed to get at why the [ __ ] do you do these three three why the [ __ ] do you do these three three why the [ __ ] do you do these three three completely unrelated things. And anytime completely unrelated things. And anytime completely unrelated things. And anytime I walk people through it, they're like, I walk people through it, they're like, I walk people through it, they're like, "Oh, I finally get it." "Oh, I finally get it." "Oh, I finally get it." The video game thing is just all about The video game thing is just all about The video game thing is just all about getting that idea into the minds of kids getting that idea into the minds of kids getting that idea into the minds of kids through entertainment. through entertainment. through entertainment. And so, I'm completely motivated by And so, I'm completely motivated by And so, I'm completely motivated by convincing people that there is like a convincing people that there is like a convincing people that there is like a platitude level that the vast majority platitude level that the vast majority platitude level that the vast majority of humanity stops at. of humanity stops at. of humanity stops at. And they'll Instagram it all day, And they'll Instagram it all day, And they'll Instagram it all day, they'll TikTok it all day, they'll feel they'll TikTok it all day, they'll feel they'll TikTok it all day, they'll feel good, people tell them they can be good, people tell them they can be good, people tell them they can be anything and all that, but they won't anything and all that, but they won't anything and all that, but they won't give them the real [ __ ] which is give them the real [ __ ] which is give them the real [ __ ] which is uh the way that your brain works is uh the way that your brain works is uh the way that your brain works is through a process called myelination, so through a process called myelination, so through a process called myelination, so whatever you repeat, you become. It's whatever you repeat, you become. It's whatever you repeat, you become. It's has to do with your desire to be has to do with your desire to be has to do with your desire to be calorically efficient. And so, be calorically efficient. And so, be calorically efficient. And so, be careful, there are traps. If you repeat careful, there are traps. If you repeat careful, there are traps. If you repeat to yourself that you're a dumbass, it to yourself that you're a dumbass, it to yourself that you're a dumbass, it that will be the easiest thought to that will be the easiest thought to that will be the easiest thought to think. If you think to yourself that think. If you think to yourself that think. If you think to yourself that you're a badass that can accomplish you're a badass that can accomplish you're a badass that can accomplish anything, even though that's a lie, that anything, even though that's a lie, that anything, even though that's a lie, that will become the easiest thought to will become the easiest thought to will become the easiest thought to think. And so, now, which of those do think. And so, now, which of those do think. And so, now, which of those do you think makes you take the right you think makes you take the right you think makes you take the right actions to 100 extra life? The one where actions to 100 extra life? The one where actions to 100 extra life? The one where you're delusional and you think that you're delusional and you think that you're delusional and you think that you're better than you are. Great. So, you're better than you are. Great. So, you're better than you are. Great. So, that's the better path. It has higher that's the better path. It has higher that's the better path. It has higher utility. utility. utility. And so, And so, And so, trying to get people into like the yes, trying to get people into like the yes, trying to get people into like the yes, you live in a matrix. Yes, this is a you live in a matrix. Yes, this is a you live in a matrix. Yes, this is a um um um deterministic universe. Yes, you're deterministic universe. Yes, you're deterministic universe. Yes, you're probably an automata, you don't have probably an automata, you don't have probably an automata, you don't have free will, but acting like you don't free will, but acting like you don't free will, but acting like you don't have free will is [ __ ] stupid, so have free will is [ __ ] stupid, so have free will is [ __ ] stupid, so don't do it. Act like you have free don't do it. Act like you have free don't do it. Act like you have free will. Go pursue the acquisition of will. Go pursue the acquisition of will. Go pursue the acquisition of skills. Hey, when you look at somebody skills. Hey, when you look at somebody skills. Hey, when you look at somebody you love and they're actively making you love and they're actively making you love and they're actively making their own life worse and you desperately their own life worse and you desperately their own life worse and you desperately try to help them and it doesn't work, try to help them and it doesn't work, try to help them and it doesn't work, don't let the darkness consume you. Why, don't let the darkness consume you. Why, don't let the darkness consume you. Why, Tom? Because it's low utility. If I'm Tom? Because it's low utility. If I'm Tom? Because it's low utility. If I'm right that human flourishing and joy and right that human flourishing and joy and right that human flourishing and joy and fulfillment and all that are the point, fulfillment and all that are the point, fulfillment and all that are the point, that's the thing you should be that's the thing you should be that's the thing you should be optimizing for, then succumbing to the optimizing for, then succumbing to the optimizing for, then succumbing to the darkness, even if it's real, even if darkness, even if it's real, even if darkness, even if it's real, even if it's true, is low utility. It does not it's true, is low utility. It does not it's true, is low utility. It does not move you towards your goal. move you towards your goal. move you towards your goal. But I And look, some of this is just But I And look, some of this is just But I And look, some of this is just it's how I'm wired. So, it's like that's it's how I'm wired. So, it's like that's it's how I'm wired. So, it's like that's how my mind works. And the next person, how my mind works. And the next person, how my mind works. And the next person, they're going to be like, "No, I don't they're going to be like, "No, I don't they're going to be like, "No, I don't resonate with this guy." Yeah, totally resonate with this guy." Yeah, totally resonate with this guy." Yeah, totally get it. Understood. Um but everybody has get it. Understood. Um but everybody has get it. Understood. Um but everybody has to find their way to that truth. You've to find their way to that truth. You've to find their way to that truth. You've got to find your way through the got to find your way through the got to find your way through the [ __ ] platitudes so that when you are [ __ ] platitudes so that when you are [ __ ] platitudes so that when you are alone and you're asking, "God, why have alone and you're asking, "God, why have alone and you're asking, "God, why have you forsaken me?" you forsaken me?" you forsaken me?" that you have an answer. that you have an answer. that you have an answer. Because if you don't have an answer, Because if you don't have an answer, Because if you don't have an answer, it's too much. Mhm. And for me, I hit it's too much. Mhm. And for me, I hit it's too much. Mhm. And for me, I hit that point in my early 20s. I would come that point in my early 20s. I would come that point in my early 20s. I would come home from work, I would lay on the floor home from work, I would lay on the floor home from work, I would lay on the floor of my unfurnished apartment because I of my unfurnished apartment because I of my unfurnished apartment because I was so [ __ ] broke, was so [ __ ] broke, was so [ __ ] broke, and I can still feel that cheap and I can still feel that cheap and I can still feel that cheap synthetic carpet pushing into my face. synthetic carpet pushing into my face. synthetic carpet pushing into my face. Dude, I would literally just lay on the Dude, I would literally just lay on the Dude, I would literally just lay on the carpet, carpet, carpet, smooshing into my face like, "What the smooshing into my face like, "What the smooshing into my face like, "What the [ __ ] am I doing with my life? I'm never [ __ ] am I doing with my life? I'm never [ __ ] am I doing with my life? I'm never going to achieve the things that I want going to achieve the things that I want going to achieve the things that I want to achieve. I'm not smart enough to have to achieve. I'm not smart enough to have to achieve. I'm not smart enough to have the life that I want to have. And this the life that I want to have. And this the life that I want to have. And this is miserable." And when I was in is miserable." And when I was in is miserable." And when I was in college, I just felt like the whole college, I just felt like the whole college, I just felt like the whole world was before me and I was going to world was before me and I was going to world was before me and I was going to come out and be the next big thing. And come out and be the next big thing. And come out and be the next big thing. And it just didn't happen. it just didn't happen. it just didn't happen. And so, then I was like, "Whoa, this is And so, then I was like, "Whoa, this is And so, then I was like, "Whoa, this is dark." dark." dark." Now, in that moment, I turned to reading Now, in that moment, I turned to reading Now, in that moment, I turned to reading about the brain, and that changed my about the brain, and that changed my about the brain, and that changed my life. And it put me I was like, "Oh, life. And it put me I was like, "Oh, life. And it put me I was like, "Oh, there there's an actual thing happening there there's an actual thing happening there there's an actual thing happening inside my physical brain." And I can inside my physical brain." And I can inside my physical brain." And I can >> Correct. I'd be listening to sometimes, >> Correct. I'd be listening to sometimes, >> Correct. I'd be listening to sometimes, though. Hey, hey, hey. though. Hey, hey, hey. though. Hey, hey, hey. >> [laughter] >> [laughter] >> [laughter] >> And so, that, instead of going to the >> And so, that, instead of going to the >> And so, that, instead of going to the side where I just succumbed to the side where I just succumbed to the side where I just succumbed to the darkness, darkness, darkness, I was like, "Nope, I need to do these I was like, "Nope, I need to do these I was like, "Nope, I need to do these things because there is a measurable things because there is a measurable things because there is a measurable biological response. And so, even though biological response. And so, even though biological response. And so, even though it doesn't feel right, it doesn't feel it doesn't feel right, it doesn't feel it doesn't feel right, it doesn't feel true, I'm just going to act as if true, I'm just going to act as if true, I'm just going to act as if because it's higher utility. because it's higher utility. because it's higher utility. And that changed my life forever. And that changed my life forever. And that changed my life forever. I promise this is the last one. I I promise this is the last one. I I promise this is the last one. I promise, but you just you're setting me promise, but you just you're setting me promise, but you just you're setting me up with these follow-ups that I just I up with these follow-ups that I just I up with these follow-ups that I just I have to ask more. Now, all of this is have to ask more. Now, all of this is have to ask more. Now, all of this is great. Uh our Ryan is going to clip half great. Uh our Ryan is going to clip half great. Uh our Ryan is going to clip half of this cuz this is very good. I need to of this cuz this is very good. I need to of this cuz this is very good. I need to send like 30 seconds of this to Lynn cuz send like 30 seconds of this to Lynn cuz send like 30 seconds of this to Lynn cuz we were talking about our future this we were talking about our future this we were talking about our future this weekend. weekend. weekend. But But But what is the approach? I'm not even going what is the approach? I'm not even going what is the approach? I'm not even going to say your response. What is the to say your response. What is the to say your response. What is the approach? What is the cause and effect approach? What is the cause and effect approach? What is the cause and effect way that we can uh way that we can uh way that we can uh utilize this like we can utilize this like we can utilize this like we can deploy this new set of being toward deploy this new set of being toward deploy this new set of being toward actual real life implications. It could actual real life implications. It could actual real life implications. It could be anything from how do I deploy this at be anything from how do I deploy this at be anything from how do I deploy this at my job knowing that AI is going to chop my job knowing that AI is going to chop my job knowing that AI is going to chop it off? Or how do I deploy this in it off? Or how do I deploy this in it off? Or how do I deploy this in a company that I feel dead in and and I a company that I feel dead in and and I a company that I feel dead in and and I don't have any exit routes. Where is the don't have any exit routes. Where is the don't have any exit routes. Where is the So, it's one thing to say like yes, this So, it's one thing to say like yes, this So, it's one thing to say like yes, this makes sense, but it's another thing to makes sense, but it's another thing to makes sense, but it's another thing to say okay, this makes sense. Now, let me say okay, this makes sense. Now, let me say okay, this makes sense. Now, let me put this in my specific put this in my specific put this in my specific lane of expertise that I want to then lane of expertise that I want to then lane of expertise that I want to then conquer. What is the implication of conquer. What is the implication of conquer. What is the implication of this? How do we implement it and make it this? How do we implement it and make it this? How do we implement it and make it actually happen and real and tangible in actually happen and real and tangible in actually happen and real and tangible in our specific lives? our specific lives? our specific lives? The thing that I always anchor around is The thing that I always anchor around is The thing that I always anchor around is if I want to do something, the the if I want to do something, the the if I want to do something, the the literal first question I will ask myself literal first question I will ask myself literal first question I will ask myself is does this violate the laws of is does this violate the laws of is does this violate the laws of physics? physics? physics? If it violates the laws of physics, then If it violates the laws of physics, then If it violates the laws of physics, then there's no point in pursuing it. I don't there's no point in pursuing it. I don't there's no point in pursuing it. I don't have a mind to create novel physics. So, have a mind to create novel physics. So, have a mind to create novel physics. So, at that point I'm just going to walk at that point I'm just going to walk at that point I'm just going to walk away. away. away. If I go nope, this does not violate the If I go nope, this does not violate the If I go nope, this does not violate the laws of physics, then my second question laws of physics, then my second question laws of physics, then my second question is do I care enough to go spend is do I care enough to go spend is do I care enough to go spend potentially years getting good enough at potentially years getting good enough at potentially years getting good enough at that thing so that I can control my that thing so that I can control my that thing so that I can control my destiny and get to the desired end destiny and get to the desired end destiny and get to the desired end point. If the answer to that question is point. If the answer to that question is point. If the answer to that question is no, then I move on to something else. If no, then I move on to something else. If no, then I move on to something else. If it's yes, then I'm like okay, great. it's yes, then I'm like okay, great. it's yes, then I'm like okay, great. Now, I'm going to run what I call the Now, I'm going to run what I call the Now, I'm going to run what I call the physics of progress and I'm going to say physics of progress and I'm going to say physics of progress and I'm going to say I don't currently know the path, but I I don't currently know the path, but I I don't currently know the path, but I live in a deterministic universe. All a live in a deterministic universe. All a live in a deterministic universe. All a deterministic universe means is deterministic universe means is deterministic universe means is uh the world is a bunch of billiard uh the world is a bunch of billiard uh the world is a bunch of billiard balls. If you hit the ball and it goes balls. If you hit the ball and it goes balls. If you hit the ball and it goes in an unexpected direction, physics in an unexpected direction, physics in an unexpected direction, physics didn't change. You just hit the ball in didn't change. You just hit the ball in didn't change. You just hit the ball in the wrong place. the wrong place. the wrong place. And so, now it's like, well, do I want And so, now it's like, well, do I want And so, now it's like, well, do I want to get good enough that I can hit the to get good enough that I can hit the to get good enough that I can hit the ball in the right place more often than ball in the right place more often than ball in the right place more often than not knowing that things will bounce off not knowing that things will bounce off not knowing that things will bounce off of each other in known ways. Now, they of each other in known ways. Now, they of each other in known ways. Now, they have to do with things like, well, have to do with things like, well, have to do with things like, well, what's the friction of the felt on the what's the friction of the felt on the what's the friction of the felt on the ball? Uh and so, you may not know. And ball? Uh and so, you may not know. And ball? Uh and so, you may not know. And so, so much of life is just is too so, so much of life is just is too so, so much of life is just is too complicated for you to immediately go, complicated for you to immediately go, complicated for you to immediately go, I'm going to take these seven steps and I'm going to take these seven steps and I'm going to take these seven steps and end up where I want to be. Um it may end up where I want to be. Um it may end up where I want to be. Um it may take 400 steps, but you know that you take 400 steps, but you know that you take 400 steps, but you know that you live in a deterministic universe. So, live in a deterministic universe. So, live in a deterministic universe. So, there is a way to solve for this there is a way to solve for this there is a way to solve for this problem. And then you just have to I problem. And then you just have to I problem. And then you just have to I mean, you brought up the quote so mean, you brought up the quote so mean, you brought up the quote so brilliant. Um the Churchill quote, brilliant. Um the Churchill quote, brilliant. Um the Churchill quote, "Success is the ability to go from "Success is the ability to go from "Success is the ability to go from failure to failure without a loss of failure to failure without a loss of failure to failure without a loss of enthusiasm." Now, those failures are I enthusiasm." Now, those failures are I enthusiasm." Now, those failures are I hit the billiard ball wrong. I did not hit the billiard ball wrong. I did not hit the billiard ball wrong. I did not get the ricochet that I was hoping for, get the ricochet that I was hoping for, get the ricochet that I was hoping for, but it's for a knowable reason. I just but it's for a knowable reason. I just but it's for a knowable reason. I just have to figure out what that knowable have to figure out what that knowable have to figure out what that knowable reason is, which I will do by taking a reason is, which I will do by taking a reason is, which I will do by taking a guess and hitting another ball and guess and hitting another ball and guess and hitting another ball and seeing how it reacts. And then over time seeing how it reacts. And then over time seeing how it reacts. And then over time you get better as you will do with you get better as you will do with you get better as you will do with anything that you apply this approach anything that you apply this approach anything that you apply this approach to. It's what I call the only belief to. It's what I call the only belief to. It's what I call the only belief that matters. If I put time and energy that matters. If I put time and energy that matters. If I put time and energy into getting better, I will get better. into getting better, I will get better. into getting better, I will get better. Get better at what? Get better at Get better at what? Get better at Get better at what? Get better at understanding what I need to do to understanding what I need to do to understanding what I need to do to achieve my goals. achieve my goals. achieve my goals. So cool. If anyone can get better So cool. If anyone can get better So cool. If anyone can get better over time by being willing to fail over time by being willing to fail over time by being willing to fail without losing their enthusiasm at without losing their enthusiasm at without losing their enthusiasm at knowing what they need to do to achieve knowing what they need to do to achieve knowing what they need to do to achieve their goals, then life becomes the their goals, then life becomes the their goals, then life becomes the process of marching towards your goals. process of marching towards your goals. process of marching towards your goals. Now, if your goals are honorable and Now, if your goals are honorable and Now, if your goals are honorable and they're attuned to the evolutionary they're attuned to the evolutionary they're attuned to the evolutionary drivers in your brain, then your life is drivers in your brain, then your life is drivers in your brain, then your life is going to be awesome. It will be up and going to be awesome. It will be up and going to be awesome. It will be up and down as everyone's will be, but you'll down as everyone's will be, but you'll down as everyone's will be, but you'll be able to actually achieve a lot of be able to actually achieve a lot of be able to actually achieve a lot of your goals and most importantly, your goals and most importantly, your goals and most importantly, you'll be able to enjoy that process you'll be able to enjoy that process you'll be able to enjoy that process because you're optimizing for the right because you're optimizing for the right because you're optimizing for the right thing. Because the having of the goal is thing. Because the having of the goal is thing. Because the having of the goal is never the thing. That's not how the never the thing. That's not how the never the thing. That's not how the human mind is optimized. Mhm. Uh all human mind is optimized. Mhm. Uh all human mind is optimized. Mhm. Uh all right, we're going to jump over to super right, we're going to jump over to super right, we're going to jump over to super chats, but there's one more question I chats, but there's one more question I chats, but there's one more question I need to follow up about. Anthony Aman need to follow up about. Anthony Aman need to follow up about. Anthony Aman said, "Can't get past the cognitive said, "Can't get past the cognitive said, "Can't get past the cognitive dissonance that I am an automa- dissonance that I am an automa- dissonance that I am an automa- automata, but need to act as if I'm not. automata, but need to act as if I'm not. automata, but need to act as if I'm not. That I have no free will, but I have to That I have no free will, but I have to That I have no free will, but I have to act like I do. If I know a thing, I have act like I do. If I know a thing, I have act like I do. If I know a thing, I have a hard time pretending I don't. So, the a hard time pretending I don't. So, the a hard time pretending I don't. So, the implementation was perfect advice for implementation was perfect advice for implementation was perfect advice for me. I got it. Thank you, Tom, but there me. I got it. Thank you, Tom, but there me. I got it. Thank you, Tom, but there is people in the chat that said, 'Wait, is people in the chat that said, 'Wait, is people in the chat that said, 'Wait, you said we have no free will, so why do you said we have no free will, so why do you said we have no free will, so why do any of this? None of this matters.'" any of this? None of this matters.'" any of this? None of this matters.'" >> Yeah. How do you square that circle with >> Yeah. How do you square that circle with >> Yeah. How do you square that circle with those people? There is no squaring that those people? There is no squaring that those people? There is no squaring that circle. They fall into the 98% I wish circle. They fall into the 98% I wish circle. They fall into the 98% I wish them the best. Oof. So, the reality is them the best. Oof. So, the reality is them the best. Oof. So, the reality is you either understand what I'm saying you either understand what I'm saying you either understand what I'm saying about something is high utility or you about something is high utility or you about something is high utility or you don't. And so, if you agree that don't. And so, if you agree that don't. And so, if you agree that my goal is to thrive. My goal is to love my goal is to thrive. My goal is to love my goal is to thrive. My goal is to love my life on balance. Always going to be my life on balance. Always going to be my life on balance. Always going to be hardships, but on balance to love my hardships, but on balance to love my hardships, but on balance to love my life, that I understand that I'm wired life, that I understand that I'm wired life, that I understand that I'm wired for pursuit. That's just what humans are for pursuit. That's just what humans are for pursuit. That's just what humans are wired for. And so, I'm always going to wired for. And so, I'm always going to wired for. And so, I'm always going to be driving towards something, and if I be driving towards something, and if I be driving towards something, and if I choose not to, I will feel a profound choose not to, I will feel a profound choose not to, I will feel a profound sense of disease. Cool. If you buy all sense of disease. Cool. If you buy all sense of disease. Cool. If you buy all of that, then it's like, what goal are of that, then it's like, what goal are of that, then it's like, what goal are you pursuing? What things are high you pursuing? What things are high you pursuing? What things are high utility towards that? If it's high utility towards that? If it's high utility towards that? If it's high utility to believe that you're an utility to believe that you're an utility to believe that you're an automata, then believe you're an automata, then believe you're an automata, then believe you're an automata. It will take you towards automata. It will take you towards automata. It will take you towards thriving. But, if you believe as I do thriving. But, if you believe as I do thriving. But, if you believe as I do that it's low utility to believe I'm that it's low utility to believe I'm that it's low utility to believe I'm just a thing that blows in the wind, and just a thing that blows in the wind, and just a thing that blows in the wind, and so I'm just going to let things happen, so I'm just going to let things happen, so I'm just going to let things happen, uh then uh then uh then you're going to ignore the fact that you you're going to ignore the fact that you you're going to ignore the fact that you are an automata, are an automata, are an automata, and it feels like you're not. So, it and it feels like you're not. So, it and it feels like you're not. So, it feels like you're not, and you can act feels like you're not, and you can act feels like you're not, and you can act like you're not, and that's better. Now, like you're not, and that's better. Now, like you're not, and that's better. Now, the problem is I can't stop myself from the problem is I can't stop myself from the problem is I can't stop myself from saying that. They can't stop themselves saying that. They can't stop themselves saying that. They can't stop themselves from having negative reaction, because from having negative reaction, because from having negative reaction, because we're all [ __ ] automata. So, it's we're all [ __ ] automata. So, it's we're all [ __ ] automata. So, it's like, well, it is what it is. And so, like, well, it is what it is. And so, like, well, it is what it is. And so, am I grateful that I'm wired in a weird am I grateful that I'm wired in a weird am I grateful that I'm wired in a weird way where I don't get stuck in things way where I don't get stuck in things way where I don't get stuck in things like that. Yes, I am. Mhm. Do I weep for like that. Yes, I am. Mhm. Do I weep for like that. Yes, I am. Mhm. Do I weep for the fact that other people get stuck? the fact that other people get stuck? the fact that other people get stuck? Yes, I do. Um, but Yes, I do. Um, but Yes, I do. Um, but it it it I have learned the very hard lesson. I I have learned the very hard lesson. I I have learned the very hard lesson. I am not going to be able to convince am not going to be able to convince am not going to be able to convince them. So, I'm simply going to put the them. So, I'm simply going to put the them. So, I'm simply going to put the ideas out which I find tremendously ideas out which I find tremendously ideas out which I find tremendously rewarding because we are automata that rewarding because we are automata that rewarding because we are automata that respond via cause and effect to respond via cause and effect to respond via cause and effect to stimulus. stimulus. stimulus. So, I know that when I put these ideas So, I know that when I put these ideas So, I know that when I put these ideas out there, out there, out there, it may be a very small percentage, but it may be a very small percentage, but it may be a very small percentage, but some people will take those ideas and do some people will take those ideas and do some people will take those ideas and do something with them. something with them. something with them. I love that. All right, super chats for I love that. All right, super chats for I love that. All right, super chats for Ona. Yes, Le Blonde 2077 says, "Remember Ona. Yes, Le Blonde 2077 says, "Remember Ona. Yes, Le Blonde 2077 says, "Remember to have a beautiful and wonderful day to have a beautiful and wonderful day to have a beautiful and wonderful day everyone." Shout out to Le Blonde. everyone." Shout out to Le Blonde. everyone." Shout out to Le Blonde. For real shout out to Le Blonde who just For real shout out to Le Blonde who just For real shout out to Le Blonde who just paid money to say something nice to you paid money to say something nice to you paid money to say something nice to you guys. He's dope by the way, like in real guys. He's dope by the way, like in real guys. He's dope by the way, like in real life. life. life. Now, I don't know him IRL IRL, Now, I don't know him IRL IRL, Now, I don't know him IRL IRL, [laughter] [laughter] [laughter] but I have spent many a gaming stream but I have spent many a gaming stream but I have spent many a gaming stream with my man. So. with my man. So. with my man. So. Stoic Anarchy says, "Imagine if we had Stoic Anarchy says, "Imagine if we had Stoic Anarchy says, "Imagine if we had the Keystone XL pipeline Biden shut the Keystone XL pipeline Biden shut the Keystone XL pipeline Biden shut down. I work in oil and gas and thank down. I work in oil and gas and thank down. I work in oil and gas and thank Democrats for constantly knee-capping Democrats for constantly knee-capping Democrats for constantly knee-capping our industry. Been in it for 15 years our industry. Been in it for 15 years our industry. Been in it for 15 years and the regulatory costs 30 to 40% more and the regulatory costs 30 to 40% more and the regulatory costs 30 to 40% more of the production costs." Yeah, it's all of the production costs." Yeah, it's all of the production costs." Yeah, it's all true. true. true. Man, it makes me sad. I do this too. So, Man, it makes me sad. I do this too. So, Man, it makes me sad. I do this too. So, this is as much me talking to myself as this is as much me talking to myself as this is as much me talking to myself as anybody else, but I'm very sad that that anybody else, but I'm very sad that that anybody else, but I'm very sad that that instead of an invitation to Democrats to instead of an invitation to Democrats to instead of an invitation to Democrats to understand how much power we could have understand how much power we could have understand how much power we could have as a country, as a country, as a country, it's a bit blame gamey. I do it more it's a bit blame gamey. I do it more it's a bit blame gamey. I do it more than you, I'm sure. So, trust me when I than you, I'm sure. So, trust me when I than you, I'm sure. So, trust me when I say I understand it. But, all of this say I understand it. But, all of this say I understand it. But, all of this motivational talk has got me in a motivational talk has got me in a motivational talk has got me in a different head space right now. So, I'm different head space right now. So, I'm different head space right now. So, I'm feeling conciliatory. Uh, yeah. Yes, we feeling conciliatory. Uh, yeah. Yes, we feeling conciliatory. Uh, yeah. Yes, we we should be just embracing every bit of we should be just embracing every bit of we should be just embracing every bit of energy that we can. Full stop. And energy that we can. Full stop. And energy that we can. Full stop. And there's something interesting to that. I there's something interesting to that. I there's something interesting to that. I want to kind of drill into this for a want to kind of drill into this for a want to kind of drill into this for a little bit because I think when we talk little bit because I think when we talk little bit because I think when we talk about policies, we talk about them about policies, we talk about them about policies, we talk about them presently and we don't think about the 5 presently and we don't think about the 5 presently and we don't think about the 5 10 years 10 years 10 years capacity of those problems. So, when the capacity of those problems. So, when the capacity of those problems. So, when the Keystone pipeline was such a big deal Keystone pipeline was such a big deal Keystone pipeline was such a big deal and it was on the cover of every news and it was on the cover of every news and it was on the cover of every news article and we shut it down with article and we shut it down with article and we shut it down with everybody high five. You did it Biden, everybody high five. You did it Biden, everybody high five. You did it Biden, you saved us. Yes, thank you. And then you saved us. Yes, thank you. And then you saved us. Yes, thank you. And then now fast forward three, four, or five now fast forward three, four, or five now fast forward three, four, or five years later and it's like, man, if we years later and it's like, man, if we years later and it's like, man, if we did have that pipeline, that'd be very did have that pipeline, that'd be very did have that pipeline, that'd be very useful. Yes. And then even on the flip useful. Yes. And then even on the flip useful. Yes. And then even on the flip side with the gas tax thing cuz I'm side with the gas tax thing cuz I'm side with the gas tax thing cuz I'm paying $6 and I'm going to remind paying $6 and I'm going to remind paying $6 and I'm going to remind everybody all stream. Yes, please. everybody all stream. Yes, please. everybody all stream. Yes, please. >> Um >> Um >> Um it started off as like 45 cents and now it started off as like 45 cents and now it started off as like 45 cents and now it's at 71 cents. And it's just like it's at 71 cents. And it's just like it's at 71 cents. And it's just like that little creep like that scope creep that little creep like that scope creep that little creep like that scope creep of we're just going to do this one thing of we're just going to do this one thing of we're just going to do this one thing to do it for this one part of people and to do it for this one part of people and to do it for this one part of people and it's going to be great for all these it's going to be great for all these it's going to be great for all these people. people. people. >> Manipulation of lies. >> Manipulation of lies. >> Manipulation of lies. >> all these uh then the macro situation >> all these uh then the macro situation >> all these uh then the macro situation changes and then what was so important changes and then what was so important changes and then what was so important then is not as important now. And I then is not as important now. And I then is not as important now. And I would even say for the windmills, EV would even say for the windmills, EV would even say for the windmills, EV adoption, things like that. adoption, things like that. adoption, things like that. It is important to have diversified It is important to have diversified It is important to have diversified energy sources. It is important not to energy sources. It is important not to energy sources. It is important not to pollute the earth. pollute the earth. pollute the earth. >> Why? It um because you don't want to get >> Why? It um because you don't want to get >> Why? It um because you don't want to get crippled by the Strait of Hormuz. So, crippled by the Strait of Hormuz. So, crippled by the Strait of Hormuz. So, it's Yeah, it's it's important not to it's Yeah, it's it's important not to it's Yeah, it's it's important not to have energy sources that can be choked have energy sources that can be choked have energy sources that can be choked off. The reason I said that is the only off. The reason I said that is the only off. The reason I said that is the only energy source that matters is the sun. energy source that matters is the sun. energy source that matters is the sun. You don't need to diversify. I mean, you You don't need to diversify. I mean, you You don't need to diversify. I mean, you do now. I get your point and I'm being a do now. I get your point and I'm being a do now. I get your point and I'm being a bit of a pedantic [ __ ] but what I'm bit of a pedantic [ __ ] but what I'm bit of a pedantic [ __ ] but what I'm getting at is we should all be focused getting at is we should all be focused getting at is we should all be focused on solar, solar, solar. When you look at on solar, solar, solar. When you look at on solar, solar, solar. When you look at the mass of the universe uh sorry, when the mass of the universe uh sorry, when the mass of the universe uh sorry, when you look at the mass of our solar you look at the mass of our solar you look at the mass of our solar system, it's system, it's system, it's basically entirely the sun. So, when you basically entirely the sun. So, when you basically entirely the sun. So, when you think of like this tiny speck of sand think of like this tiny speck of sand think of like this tiny speck of sand that is whatever amount of energy we that is whatever amount of energy we that is whatever amount of energy we have here on earth, it's comical that have here on earth, it's comical that have here on earth, it's comical that we're working as hard on that and not we're working as hard on that and not we're working as hard on that and not trying to get the stuff for solar trying to get the stuff for solar trying to get the stuff for solar anyway. Yeah. It's it's just especially anyway. Yeah. It's it's just especially anyway. Yeah. It's it's just especially looking at what's happening with Europe looking at what's happening with Europe looking at what's happening with Europe right now that some of their energy and right now that some of their energy and right now that some of their energy and green initiatives they were green initiatives they were green initiatives they were 2x where we were and now they're feeling 2x where we were and now they're feeling 2x where we were and now they're feeling this oil um energy crisis a lot harder this oil um energy crisis a lot harder this oil um energy crisis a lot harder than we are. So, it's almost like a than we are. So, it's almost like a than we are. So, it's almost like a blessing in disguise. We didn't blessing in disguise. We didn't blessing in disguise. We didn't completely go uh green, but again completely go uh green, but again completely go uh green, but again >> let me speed run something? >> let me speed run something? >> let me speed run something? >> Yeah. Okay, so uh what Drew is saying is >> Yeah. Okay, so uh what Drew is saying is >> Yeah. Okay, so uh what Drew is saying is so important and is so right and the so important and is so right and the so important and is so right and the speed run goes like this. Globalism is speed run goes like this. Globalism is speed run goes like this. Globalism is awesome for rich people. It's absolutely awesome for rich people. It's absolutely awesome for rich people. It's absolutely terrible for the average person. It does terrible for the average person. It does terrible for the average person. It does make everything cheaper make everything cheaper make everything cheaper but it also allows at a global scale for but it also allows at a global scale for but it also allows at a global scale for dumb ideas to spread incredibly rapidly. dumb ideas to spread incredibly rapidly. dumb ideas to spread incredibly rapidly. And that's what happened. We just went And that's what happened. We just went And that's what happened. We just went through this insane period of through this insane period of through this insane period of globalization where elites showed just globalization where elites showed just globalization where elites showed just how much control they can exert and how much control they can exert and how much control they can exert and we're all now paying the price for it. we're all now paying the price for it. we're all now paying the price for it. And so, yeah, beware of that. And so, yeah, beware of that. And so, yeah, beware of that. Big Digglers says Fed swap lines are Big Digglers says Fed swap lines are Big Digglers says Fed swap lines are another MO2. Other sovereigns you need another MO2. Other sovereigns you need another MO2. Other sovereigns you need USD and you can't spend a UST and then USD and you can't spend a UST and then USD and you can't spend a UST and then parentheses only sell. Sell equals rates parentheses only sell. Sell equals rates parentheses only sell. Sell equals rates up. Fed and other central banks FX swaps up. Fed and other central banks FX swaps up. Fed and other central banks FX swaps give USD liquidity without selling USTs. give USD liquidity without selling USTs. give USD liquidity without selling USTs. Less selling USDs equals lower rates. Less selling USDs equals lower rates. Less selling USDs equals lower rates. It's so that statement is true. I didn't It's so that statement is true. I didn't It's so that statement is true. I didn't detect anything inaccurate. That is so detect anything inaccurate. That is so detect anything inaccurate. That is so dense with information dense with information dense with information that yeah, that yeah, that yeah, 100% accurate. There whenever you try to 100% accurate. There whenever you try to 100% accurate. There whenever you try to talk about the economy, you're going to talk about the economy, you're going to talk about the economy, you're going to simplify it to the point where simplify it to the point where simplify it to the point where um um um people hopefully can track it but it people hopefully can track it but it people hopefully can track it but it stops being true in the like deepest stops being true in the like deepest stops being true in the like deepest sense of the word. sense of the word. sense of the word. Um so Um so Um so there are even more complexities than there are even more complexities than there are even more complexities than what he just laid out but those are all what he just laid out but those are all what he just laid out but those are all true. And last up, Truth Deven. Tom, you have And last up, Truth Deven. Tom, you have a gift to explain reality to me from its a gift to explain reality to me from its a gift to explain reality to me from its root. You've done it for my anxiety, root. You've done it for my anxiety, root. You've done it for my anxiety, emotions, discipline, politics, econ, emotions, discipline, politics, econ, emotions, discipline, politics, econ, and society. No one else does this on and society. No one else does this on and society. No one else does this on YouTube. Please make a book and I will YouTube. Please make a book and I will YouTube. Please make a book and I will pay anything for it. Wow, man. It's so pay anything for it. Wow, man. It's so pay anything for it. Wow, man. It's so weird. Uh thank you. weird. Uh thank you. weird. Uh thank you. I was actually thinking about writing a I was actually thinking about writing a I was actually thinking about writing a book. Was it last night or this morning? book. Was it last night or this morning? book. Was it last night or this morning? For the first time in a long time. I'm For the first time in a long time. I'm For the first time in a long time. I'm not going to do it because I keep coming not going to do it because I keep coming not going to do it because I keep coming back to you even though I could write it back to you even though I could write it back to you even though I could write it much faster now using AI. Um I really do much faster now using AI. Um I really do much faster now using AI. Um I really do want to tell my stories, man. So, that want to tell my stories, man. So, that want to tell my stories, man. So, that is a far bigger driver. But, that is a far bigger driver. But, that is a far bigger driver. But, that comment lands. You've been here for so comment lands. You've been here for so comment lands. You've been here for so long. I appreciate it very, very much. long. I appreciate it very, very much. long. I appreciate it very, very much. And that's it for super chats. And that's it for super chats. And that's it for super chats. Word. Um I appreciated that, Fractal. I Word. Um I appreciated that, Fractal. I Word. Um I appreciated that, Fractal. I think every now and then we get so think every now and then we get so think every now and then we get so caught up in the minutia of politics and caught up in the minutia of politics and caught up in the minutia of politics and the world, and it's slowly becomes like the world, and it's slowly becomes like the world, and it's slowly becomes like a negative cycle, and I think it makes a negative cycle, and I think it makes a negative cycle, and I think it makes those indentations in our brain. So, those indentations in our brain. So, those indentations in our brain. So, every now and then we need to just be every now and then we need to just be every now and then we need to just be like, "Okay, let me just clear from the like, "Okay, let me just clear from the like, "Okay, let me just clear from the smoke, get above the fog. What's smoke, get above the fog. What's smoke, get above the fog. What's actually happening?" actually happening?" actually happening?" >> Yeah, no, I agree. And listen, I um >> Yeah, no, I agree. And listen, I um >> Yeah, no, I agree. And listen, I um I was when I came back from a trip, I I was when I came back from a trip, I I was when I came back from a trip, I think. Mhm. I was like, "I need to think. Mhm. I was like, "I need to think. Mhm. I was like, "I need to find a way to integrate into the things find a way to integrate into the things find a way to integrate into the things we talk about we talk about we talk about all of the {quote} mindset stuff. It's all of the {quote} mindset stuff. It's all of the {quote} mindset stuff. It's all still real. I still believe it all. all still real. I still believe it all. all still real. I still believe it all. Um I just need a way to talk about it Um I just need a way to talk about it Um I just need a way to talk about it that doesn't feel empty. Yeah. And that doesn't feel empty. Yeah. And that doesn't feel empty. Yeah. And that's where I ended up getting when that's where I ended up getting when that's where I ended up getting when those were the those were the those were the uh the uh the uh the interview formats. Really struggle, you interview formats. Really struggle, you interview formats. Really struggle, you know this, but I struggle with the know this, but I struggle with the know this, but I struggle with the interview format. I get very frustrated interview format. I get very frustrated interview format. I get very frustrated by its nature. by its nature. by its nature. Um we'll get there. I can't I can't Um we'll get there. I can't I can't Um we'll get there. I can't I can't afford any other Fractals today. afford any other Fractals today. afford any other Fractals today. >> [laughter] >> [laughter] >> [laughter] >> Okay, we need to talk about We need to >> Okay, we need to talk about We need to >> Okay, we need to talk about We need to talk about Coinbase. Coinbase has talk about Coinbase. Coinbase has talk about Coinbase. Coinbase has announced yesterday that they're laying announced yesterday that they're laying announced yesterday that they're laying off 14% of their workforce. off 14% of their workforce. off 14% of their workforce. Um he said a couple of things. The Um he said a couple of things. The Um he said a couple of things. The diversification of his revenue with diversification of his revenue with diversification of his revenue with crypto and Coinbase is of course tied to crypto and Coinbase is of course tied to crypto and Coinbase is of course tied to a lot of the crypto um a lot of the crypto um a lot of the crypto um It's tied to crypto in general. Crypto It's tied to crypto in general. Crypto It's tied to crypto in general. Crypto has a bumpy year, to say it. But, the has a bumpy year, to say it. But, the has a bumpy year, to say it. But, the second point that he used is AI is second point that he used is AI is second point that he used is AI is changing how we work. And that is the changing how we work. And that is the changing how we work. And that is the reoccurring theme that we're seeing. So, reoccurring theme that we're seeing. So, reoccurring theme that we're seeing. So, how do you feel about this being the how do you feel about this being the how do you feel about this being the latest uh round of layoffs um at latest uh round of layoffs um at latest uh round of layoffs um at Coinbase? I'm just not surprised, man. Coinbase? I'm just not surprised, man. Coinbase? I'm just not surprised, man. So, first of all, uh Coinbase, I'm sure, So, first of all, uh Coinbase, I'm sure, So, first of all, uh Coinbase, I'm sure, is still suffering from some of the is still suffering from some of the is still suffering from some of the over-hiring that they did back when over-hiring that they did back when over-hiring that they did back when um crypto was um crypto was um crypto was ripping, and they came out of nowhere. ripping, and they came out of nowhere. ripping, and they came out of nowhere. Um so, I'm sure that's part of it. AI Um so, I'm sure that's part of it. AI Um so, I'm sure that's part of it. AI really is changing things. I know nobody really is changing things. I know nobody really is changing things. I know nobody wants to hear that, and I'm I really wants to hear that, and I'm I really wants to hear that, and I'm I really hope that just like every technological hope that just like every technological hope that just like every technological revolution before this one that in a revolution before this one that in a revolution before this one that in a long enough timeline, call it 5 to 10 long enough timeline, call it 5 to 10 long enough timeline, call it 5 to 10 years, it ends up creating more jobs years, it ends up creating more jobs years, it ends up creating more jobs than it destroys, but there's going to than it destroys, but there's going to than it destroys, but there's going to be a transition. And so, there are going be a transition. And so, there are going be a transition. And so, there are going to be people that have a job now that to be people that have a job now that to be people that have a job now that aren't going to keep having that job aren't going to keep having that job aren't going to keep having that job because AI is just going to change because AI is just going to change because AI is just going to change enough uh of the way that we work that enough uh of the way that we work that enough uh of the way that we work that even though in the fullness of time it even though in the fullness of time it even though in the fullness of time it will create more jobs, will create more jobs, will create more jobs, that person's going to lose that job, that person's going to lose that job, that person's going to lose that job, and they're going to have to go find and they're going to have to go find and they're going to have to go find something else. Um so, I'm never something else. Um so, I'm never something else. Um so, I'm never surprised when somebody says that surprised when somebody says that surprised when somebody says that they're doing that. I know there's been they're doing that. I know there's been they're doing that. I know there's been a lot of accusations that a lot of accusations that a lot of accusations that this is just PR smoke screen. this is just PR smoke screen. this is just PR smoke screen. Um but because of my own experiences, Um but because of my own experiences, Um but because of my own experiences, no. I ended up cutting a bunch of no. I ended up cutting a bunch of no. I ended up cutting a bunch of people, and we did not need to replace people, and we did not need to replace people, and we did not need to replace them precisely because of how AI extends them precisely because of how AI extends them precisely because of how AI extends our capabilities. So, um our capabilities. So, um our capabilities. So, um yeah, this all seems very legit. I yeah, this all seems very legit. I yeah, this all seems very legit. I totally get it. I think he's being very totally get it. I think he's being very totally get it. I think he's being very shrewd. Businesses are in this really shrewd. Businesses are in this really shrewd. Businesses are in this really weird position where because of their weird position where because of their weird position where because of their stock price, they have to constantly stock price, they have to constantly stock price, they have to constantly make it sound like everything's good, make it sound like everything's good, make it sound like everything's good, everything's okay. everything's okay. everything's okay. Uh and the reality is, no business is Uh and the reality is, no business is Uh and the reality is, no business is ever in that position. You are always ever in that position. You are always ever in that position. You are always going up and down. There are always going up and down. There are always going up and down. There are always going to be years that are better than going to be years that are better than going to be years that are better than others, but you have to maintain others, but you have to maintain others, but you have to maintain people's psychological belief that people's psychological belief that people's psychological belief that everything's going great. Otherwise, everything's going great. Otherwise, everything's going great. Otherwise, they just don't want to invest in a they just don't want to invest in a they just don't want to invest in a company that, you know, isn't on the up company that, you know, isn't on the up company that, you know, isn't on the up and up. And and up. And and up. And the tragedy of this in the gaming space, the tragedy of this in the gaming space, the tragedy of this in the gaming space, like this one really worries me. This like this one really worries me. This like this one really worries me. This So, originally, um Kaizen was going to So, originally, um Kaizen was going to So, originally, um Kaizen was going to have a multiplayer element, and the more have a multiplayer element, and the more have a multiplayer element, and the more I'm developing and the more I'm looking I'm developing and the more I'm looking I'm developing and the more I'm looking at this, I'm like, as a uh a startup at this, I'm like, as a uh a startup at this, I'm like, as a uh a startup company, like launching a game company, like launching a game company, like launching a game that has multiplayer is like launching a that has multiplayer is like launching a that has multiplayer is like launching a dating app. It only works if you've got dating app. It only works if you've got dating app. It only works if you've got a ton of people in there. And how do you a ton of people in there. And how do you a ton of people in there. And how do you get a ton of people in there if you get a ton of people in there if you get a ton of people in there if you don't have that capital? And so, I was don't have that capital? And so, I was don't have that capital? And so, I was like, yeah, this is a bad idea. So, we like, yeah, this is a bad idea. So, we like, yeah, this is a bad idea. So, we scaled it back, single-player. There'll scaled it back, single-player. There'll scaled it back, single-player. There'll be like a you can invite friends kind of be like a you can invite friends kind of be like a you can invite friends kind of multiplayer at some point, maybe at multiplayer at some point, maybe at multiplayer at some point, maybe at launch, maybe not, we'll see. But like, launch, maybe not, we'll see. But like, launch, maybe not, we'll see. But like, um um um understanding understanding understanding the limitation, I think is very the limitation, I think is very the limitation, I think is very important. So, he's in a position now important. So, he's in a position now important. So, he's in a position now where as a company being able to where as a company being able to where as a company being able to acknowledge that hey, this isn't a great acknowledge that hey, this isn't a great acknowledge that hey, this isn't a great moment for crypto right now. We're not moment for crypto right now. We're not moment for crypto right now. We're not having one of our best years without having one of our best years without having one of our best years without having to worry that then everybody's having to worry that then everybody's having to worry that then everybody's like, I don't want to play this game like, I don't want to play this game like, I don't want to play this game anymore and they all just like start anymore and they all just like start anymore and they all just like start fleeing. It's tough. But um yeah, it fleeing. It's tough. But um yeah, it fleeing. It's tough. But um yeah, it does not worry me at all. I think from does not worry me at all. I think from does not worry me at all. I think from what I know of Coinbase, they offer a what I know of Coinbase, they offer a what I know of Coinbase, they offer a bunch of different services now, which bunch of different services now, which bunch of different services now, which is what he's talking about with the is what he's talking about with the is what he's talking about with the diversified revenue. diversified revenue. diversified revenue. So, I think they'll be fine, but you do So, I think they'll be fine, but you do So, I think they'll be fine, but you do have to be paranoid. You do have to take have to be paranoid. You do have to take have to be paranoid. You do have to take the action before you find yourself in a the action before you find yourself in a the action before you find yourself in a bad spot. One thing that was interesting bad spot. One thing that was interesting bad spot. One thing that was interesting that he said um in this tweet is like that he said um in this tweet is like that he said um in this tweet is like we're not just reducing headcount and we're not just reducing headcount and we're not just reducing headcount and cutting costs, we're fundamentally cutting costs, we're fundamentally cutting costs, we're fundamentally changing how we operate. changing how we operate. changing how we operate. >> Mhm. One of the things was the fewer >> Mhm. One of the things was the fewer >> Mhm. One of the things was the fewer layers, faster decisions. This is layers, faster decisions. This is layers, faster decisions. This is something that I've seen in Impact something that I've seen in Impact something that I've seen in Impact Theory itself and I forgot what's I was Theory itself and I forgot what's I was Theory itself and I forgot what's I was watching that um the podcast that OpenAI watching that um the podcast that OpenAI watching that um the podcast that OpenAI just bought. I forgot the name of it. Uh just bought. I forgot the name of it. Uh just bought. I forgot the name of it. Uh but they were even talking to somebody but they were even talking to somebody but they were even talking to somebody and they were like, yes, with AI the and they were like, yes, with AI the and they were like, yes, with AI the middle manager is no longer going to be middle manager is no longer going to be middle manager is no longer going to be a thing. If your entire schedule is just a thing. If your entire schedule is just a thing. If your entire schedule is just doing one-on-one meetings with people doing one-on-one meetings with people doing one-on-one meetings with people and people managing, that's no longer and people managing, that's no longer and people managing, that's no longer sustainable or or profitable, whatever. sustainable or or profitable, whatever. sustainable or or profitable, whatever. >> Yeah, it's not needed. So, what are some >> Yeah, it's not needed. So, what are some >> Yeah, it's not needed. So, what are some of the other cuz a lot of times when of the other cuz a lot of times when of the other cuz a lot of times when people think AI's replacing you, they people think AI's replacing you, they people think AI's replacing you, they think a robot's going to come in and put think a robot's going to come in and put think a robot's going to come in and put something else on the shelves, but Which something else on the shelves, but Which something else on the shelves, but Which it is. Yes, but there's that nuance of it is. Yes, but there's that nuance of it is. Yes, but there's that nuance of like even middle managers, you're at like even middle managers, you're at like even middle managers, you're at risk too because we just want need risk too because we just want need risk too because we just want need everybody to be a contributor. And that everybody to be a contributor. And that everybody to be a contributor. And that kind of change from a macro perspective kind of change from a macro perspective kind of change from a macro perspective of business. Yeah, so in Impact Theory of business. Yeah, so in Impact Theory of business. Yeah, so in Impact Theory University, one of the things that I'm University, one of the things that I'm University, one of the things that I'm always trying to teach entrepreneurs is always trying to teach entrepreneurs is always trying to teach entrepreneurs is a shift happened in organizational a shift happened in organizational a shift happened in organizational structure when AI came along. It's not structure when AI came along. It's not structure when AI came along. It's not just how you do your job. It's that now just how you do your job. It's that now just how you do your job. It's that now that everybody can be a doer, that you that everybody can be a doer, that you that everybody can be a doer, that you don't need to have this layer of middle don't need to have this layer of middle don't need to have this layer of middle management that then is has a bunch of management that then is has a bunch of management that then is has a bunch of people reporting to them cuz you can people reporting to them cuz you can people reporting to them cuz you can just shrink the number of people that just shrink the number of people that just shrink the number of people that you need to get the same level of you need to get the same level of you need to get the same level of output. And so, now at Impact Theory, I output. And so, now at Impact Theory, I output. And so, now at Impact Theory, I don't hire people that don't do the job. don't hire people that don't do the job. don't hire people that don't do the job. So, I'm not going to hire a social So, I'm not going to hire a social So, I'm not going to hire a social media, um, like a CMO that's just going media, um, like a CMO that's just going media, um, like a CMO that's just going to go tell social media managers what to to go tell social media managers what to to go tell social media managers what to do and that kind of thing. It's like, do and that kind of thing. It's like, do and that kind of thing. It's like, "No, no, no. If you're going to get "No, no, no. If you're going to get "No, no, no. If you're going to get hired here, you're going to do the hired here, you're going to do the hired here, you're going to do the thing." Now, you may have some part of thing." Now, you may have some part of thing." Now, you may have some part of your responsibility, like you. You've your responsibility, like you. You've your responsibility, like you. You've got people that report to you, but you got people that report to you, but you got people that report to you, but you spend the majority of your day doing the spend the majority of your day doing the spend the majority of your day doing the thing. thing. thing. >> Mhm. And so, that is a fundamental >> Mhm. And so, that is a fundamental >> Mhm. And so, that is a fundamental shift in the way that businesses are shift in the way that businesses are shift in the way that businesses are structured. And so, thinking of an structured. And so, thinking of an structured. And so, thinking of an organization as like this layout of, organization as like this layout of, organization as like this layout of, "Okay, these people manage these people "Okay, these people manage these people "Okay, these people manage these people who manage these people who actually do who manage these people who actually do who manage these people who actually do the thing." Now, it's just like, "Nope. the thing." Now, it's just like, "Nope. the thing." Now, it's just like, "Nope. Everybody does the thing." And some Everybody does the thing." And some Everybody does the thing." And some people have an additional responsibility people have an additional responsibility people have an additional responsibility of spending some percentage of their of spending some percentage of their of spending some percentage of their time managing people. So, you're going time managing people. So, you're going time managing people. So, you're going to see that burn through essentially to see that burn through essentially to see that burn through essentially every organization on Earth. Now, as you every organization on Earth. Now, as you every organization on Earth. Now, as you get get get to a certain size, like there is a point to a certain size, like there is a point to a certain size, like there is a point where you're going to need some level of where you're going to need some level of where you're going to need some level of management, management, management, um, just because a company can get so um, just because a company can get so um, just because a company can get so big, but will there ever be a layer big, but will there ever be a layer big, but will there ever be a layer where somebody's not expected to do where somebody's not expected to do where somebody's not expected to do something? Yeah, probably. something? Yeah, probably. something? Yeah, probably. Um, and that won't change until Um, and that won't change until Um, and that won't change until companies really start getting a lot, companies really start getting a lot, companies really start getting a lot, lot, lot smaller. lot, lot smaller. lot, lot smaller. Um, so, yeah. It, but it will be The Um, so, yeah. It, but it will be The Um, so, yeah. It, but it will be The default structure is no longer what default structure is no longer what default structure is no longer what we're used to over the last, call it, 60 we're used to over the last, call it, 60 we're used to over the last, call it, 60 to 70 years. Yeah. Some other things to 70 years. Yeah. Some other things to 70 years. Yeah. Some other things that I thought were crazy, um, that I thought were crazy, um, that I thought were crazy, um, differences, changes that happened in AI differences, changes that happened in AI differences, changes that happened in AI is uh, MIT hackathon team builds a is uh, MIT hackathon team builds a is uh, MIT hackathon team builds a wearable AI system that can actually wearable AI system that can actually wearable AI system that can actually guide your physical movements. guide your physical movements. guide your physical movements. >> Bro, this is going to freak >> Bro, this is going to freak >> Bro, this is going to freak >> So, if you guys are not watching the >> So, if you guys are not watching the >> So, if you guys are not watching the screen right now, what he's doing is screen right now, what he's doing is screen right now, what he's doing is he's talking to a AI bot that is then he's talking to a AI bot that is then he's talking to a AI bot that is then sending impulses to his fingers, so that sending impulses to his fingers, so that sending impulses to his fingers, so that way he can actually take control of his way he can actually take control of his way he can actually take control of his >> controlling this guy's >> controlling this guy's >> controlling this guy's like muscles, boys and girls. This is, like muscles, boys and girls. This is, like muscles, boys and girls. This is, [music] [music] [music] yeah, terrifying. Now, for a person that yeah, terrifying. Now, for a person that yeah, terrifying. Now, for a person that has, uh, you know, they're a has, uh, you know, they're a has, uh, you know, they're a quadriplegic or something, this would be quadriplegic or something, this would be quadriplegic or something, this would be insane. insane. insane. >> an AI a body. But, Woo. >> an AI a body. But, Woo. >> an AI a body. But, Woo. This is going to give people nightmares. This is going to give people nightmares. This is going to give people nightmares. Yeah. So yeah, I think this the the Yeah. So yeah, I think this the the Yeah. So yeah, I think this the the technology is incredible and this is technology is incredible and this is technology is incredible and this is where we have to begin to separate out where we have to begin to separate out where we have to begin to separate out that uh this technology obviously can be that uh this technology obviously can be that uh this technology obviously can be a problem. It can go astray. The AI can a problem. It can go astray. The AI can a problem. It can go astray. The AI can take over your body in a way that you're take over your body in a way that you're take over your body in a way that you're then not able to remove it and there's then not able to remove it and there's then not able to remove it and there's all kinds of dystopian things that could all kinds of dystopian things that could all kinds of dystopian things that could come of this. I totally get that. Um but come of this. I totally get that. Um but come of this. I totally get that. Um but when you start looking at okay, but does when you start looking at okay, but does when you start looking at okay, but does the technology promise an advantage? It the technology promise an advantage? It the technology promise an advantage? It does. Now it becomes how do we make sure does. Now it becomes how do we make sure does. Now it becomes how do we make sure that we put the safeguards in place? that we put the safeguards in place? that we put the safeguards in place? Um but yeah, this is this is one of Um but yeah, this is this is one of Um but yeah, this is this is one of those types of things that I was those types of things that I was those types of things that I was thinking about when I wrote Neon Future thinking about when I wrote Neon Future thinking about when I wrote Neon Future which is the comic about the essentially which is the comic about the essentially which is the comic about the essentially war between people who believe war between people who believe war between people who believe technology is the future and people who technology is the future and people who technology is the future and people who believe yo, you've got to stop this believe yo, you've got to stop this believe yo, you've got to stop this immediately even if you've got to like immediately even if you've got to like immediately even if you've got to like be violent about it. Um so expect that be violent about it. Um so expect that be violent about it. Um so expect that one to make waves. Yeah. I think this is one to make waves. Yeah. I think this is one to make waves. Yeah. I think this is the first instance outside of um similar the first instance outside of um similar the first instance outside of um similar similar similar similar link. What's the similar similar similar link. What's the similar similar similar link. What's the Elon Musk company? Elon Musk company? Elon Musk company? Um Neuralink. Um that I've seen like AI Um Neuralink. Um that I've seen like AI Um Neuralink. Um that I've seen like AI actually be implemented in the physical actually be implemented in the physical actually be implemented in the physical environment like on the body with a lot environment like on the body with a lot environment like on the body with a lot of like either robots or software, but of like either robots or software, but of like either robots or software, but this is the first time we've I've seen this is the first time we've I've seen this is the first time we've I've seen this like human AI hybrid. Yeah. We are this like human AI hybrid. Yeah. We are this like human AI hybrid. Yeah. We are going to become cyborgs and I know going to become cyborgs and I know going to become cyborgs and I know people get very uncomfortable with that. people get very uncomfortable with that. people get very uncomfortable with that. Uh but if you've ever seen somebody get Uh but if you've ever seen somebody get Uh but if you've ever seen somebody get a cochlear implant, they're a cyborg. So a cochlear implant, they're a cyborg. So a cochlear implant, they're a cyborg. So now there are some people say because now there are some people say because now there are some people say because you have your iPhone you're a cyborg and you have your iPhone you're a cyborg and you have your iPhone you're a cyborg and it's just like your memory is external, it's just like your memory is external, it's just like your memory is external, you hold it in your hand, it's not you hold it in your hand, it's not you hold it in your hand, it's not actually implanted in your brain, but actually implanted in your brain, but actually implanted in your brain, but same idea. The thing is if you think same idea. The thing is if you think same idea. The thing is if you think about this, your phone, but just in your about this, your phone, but just in your about this, your phone, but just in your brain, you start to get a sense of like brain, you start to get a sense of like brain, you start to get a sense of like what this would be where you would just what this would be where you would just what this would be where you would just see a field in front of your eyes, you see a field in front of your eyes, you see a field in front of your eyes, you would do the search, you would look up would do the search, you would look up would do the search, you would look up the thing, you talk to the AI, blah blah the thing, you talk to the AI, blah blah the thing, you talk to the AI, blah blah blah. Like that's going to happen. It's blah. Like that's going to happen. It's blah. Like that's going to happen. It's pretty crazy. pretty crazy. pretty crazy. So yeah, not everybody's going to be So yeah, not everybody's going to be So yeah, not everybody's going to be comfortable with it. comfortable with it. comfortable with it. >> [laughter] >> [laughter] >> [laughter] >> It will be It will be >> It will be It will be >> It will be It will be >> As a >> As a >> As a >> religious person, how do you think about >> religious person, how do you think about >> religious person, how do you think about that? Um that is not for me to think that? Um that is not for me to think that? Um that is not for me to think about. about. about. >> Really? Not even in your own life? Cuz >> Really? Not even in your own life? Cuz >> Really? Not even in your own life? Cuz to me, I take it day by day. Give me to me, I take it day by day. Give me to me, I take it day by day. Give me Give God our daily bread. So, I can Give God our daily bread. So, I can Give God our daily bread. So, I can control what happens today, the people I control what happens today, the people I control what happens today, the people I interact with with today, and the interact with with today, and the interact with with today, and the microeconomics of things that are microeconomics of things that are microeconomics of things that are happening. I'm just going to roll with happening. I'm just going to roll with happening. I'm just going to roll with the punches. So, that is going to be a the punches. So, that is going to be a the punches. So, that is going to be a day when I wake up and I'm like, "Hey day when I wake up and I'm like, "Hey day when I wake up and I'm like, "Hey Drew, you want to get the robot Drew, you want to get the robot Drew, you want to get the robot implant?" And I'm like, "Ooh." implant?" And I'm like, "Ooh." implant?" And I'm like, "Ooh." But, that's not today. So, I don't got But, that's not today. So, I don't got But, that's not today. So, I don't got to worry. I can Each day has enough to worry. I can Each day has enough to worry. I can Each day has enough worries of its own. All right, fair worries of its own. All right, fair worries of its own. All right, fair enough. enough. enough. >> I keep that here. Um on some >> I keep that here. Um on some >> I keep that here. Um on some light-hearted AI news, we're coming to light-hearted AI news, we're coming to light-hearted AI news, we're coming to the the 12 million token thing, but I the the 12 million token thing, but I the the 12 million token thing, but I thought this was hilarious. Um No, thought this was hilarious. Um No, thought this was hilarious. Um No, seriously, you can't trust screenshots seriously, you can't trust screenshots seriously, you can't trust screenshots anymore. anymore. anymore. So, a guy sent this screenshot that was So, a guy sent this screenshot that was So, a guy sent this screenshot that was generated by Chat GPT. It was a picture generated by Chat GPT. It was a picture generated by Chat GPT. It was a picture of a Coke. He said, "Make a picture of a of a Coke. He said, "Make a picture of a of a Coke. He said, "Make a picture of a Coke on the desk." Coke on the desk." Coke on the desk." Whatever, send it to somebody that says Whatever, send it to somebody that says Whatever, send it to somebody that says uh this was generated by Chat GPT. Then, uh this was generated by Chat GPT. Then, uh this was generated by Chat GPT. Then, he showed a Chat GPT of him querying how he showed a Chat GPT of him querying how he showed a Chat GPT of him querying how to get the screenshot of Chat GPT. to get the screenshot of Chat GPT. to get the screenshot of Chat GPT. You with me, though? Like the prompt of You with me, though? Like the prompt of You with me, though? Like the prompt of how he got the Coke. how he got the Coke. how he got the Coke. >> Yep, yep, yep. And then then he prompted >> Yep, yep, yep. And then then he prompted >> Yep, yep, yep. And then then he prompted the Chat GPT to make a Chat GPT the Chat GPT to make a Chat GPT the Chat GPT to make a Chat GPT screenshot of him prompting to get the screenshot of him prompting to get the screenshot of him prompting to get the Coke. Wow. Coke. Wow. Coke. Wow. >> So, he Chat GPT gave him the prompt >> So, he Chat GPT gave him the prompt >> So, he Chat GPT gave him the prompt window of what it would look like if he window of what it would look like if he window of what it would look like if he had prompted a screenshot and then had prompted a screenshot and then had prompted a screenshot and then screenshotted it. Wow. Which is just screenshotted it. Wow. Which is just screenshotted it. Wow. Which is just like ridiculous. like ridiculous. like ridiculous. >> self-reflexive real fast. >> self-reflexive real fast. >> self-reflexive real fast. >> It's a ridiculous concept, but it's >> It's a ridiculous concept, but it's >> It's a ridiculous concept, but it's like, "Wow, are screenshots not even like, "Wow, are screenshots not even like, "Wow, are screenshots not even safe?" So, it's just safe?" So, it's just safe?" So, it's just >> Not dude, you can't trust what you see >> Not dude, you can't trust what you see >> Not dude, you can't trust what you see or hear anymore. And prepping for these or hear anymore. And prepping for these or hear anymore. And prepping for these episodes, I spend an enorm- inordinate episodes, I spend an enorm- inordinate episodes, I spend an enorm- inordinate amount of time just trying to fact-check amount of time just trying to fact-check amount of time just trying to fact-check things. Like is it looks real, but is it things. Like is it looks real, but is it things. Like is it looks real, but is it real? So, and the number of things that real? So, and the number of things that real? So, and the number of things that get dangerously close to you and I get dangerously close to you and I get dangerously close to you and I talking about that end up getting killed talking about that end up getting killed talking about that end up getting killed last minute because a fact-check comes last minute because a fact-check comes last minute because a fact-check comes through and it's like, "No, this isn't through and it's like, "No, this isn't through and it's like, "No, this isn't real." And of course, there have been real." And of course, there have been real." And of course, there have been things we have talked about that we things we have talked about that we things we have talked about that we thought all the way up through talking thought all the way up through talking thought all the way up through talking about it, it's real. Nope, not real. about it, it's real. Nope, not real. about it, it's real. Nope, not real. So, yeah, it's tough, man. It is tough. So, yeah, it's tough, man. It is tough. So, yeah, it's tough, man. It is tough. Yeah, I thought That's wild. Uh all all Yeah, I thought That's wild. Uh all all Yeah, I thought That's wild. Uh all all right, we're going to go jump over to right, we're going to go jump over to right, we're going to go jump over to subQ, a major breakthrough in LLM subQ, a major breakthrough in LLM subQ, a major breakthrough in LLM intelligence. intelligence. intelligence. Uh I skimmed this. I didn't really dive Uh I skimmed this. I didn't really dive Uh I skimmed this. I didn't really dive into it, so tell me you to walk me into it, so tell me you to walk me into it, so tell me you to walk me through this. through this. through this. >> All right, man. A company called sub >> All right, man. A company called sub >> All right, man. A company called sub quadratic launched yesterday. They've quadratic launched yesterday. They've quadratic launched yesterday. They've got about $29 million in investments, got about $29 million in investments, got about $29 million in investments, and they're claiming they have a model and they're claiming they have a model and they're claiming they have a model that beats Claude Opus, runs 50 times that beats Claude Opus, runs 50 times that beats Claude Opus, runs 50 times faster, and costs roughly 300 times faster, and costs roughly 300 times faster, and costs roughly 300 times less. Now, let's going to We need to be less. Now, let's going to We need to be less. Now, let's going to We need to be careful about what we believe. Nobody careful about what we believe. Nobody careful about what we believe. Nobody outside of the company has independently outside of the company has independently outside of the company has independently verified any of the claims yet, but verified any of the claims yet, but verified any of the claims yet, but these guys are getting picked up and these guys are getting picked up and these guys are getting picked up and covered by a lot of reputable outlets. covered by a lot of reputable outlets. covered by a lot of reputable outlets. So, right now I'm sort of cautiously So, right now I'm sort of cautiously So, right now I'm sort of cautiously optimistic that this is real. optimistic that this is real. optimistic that this is real. The big breakthrough is that every The big breakthrough is that every The big breakthrough is that every transformer-based AI model since like transformer-based AI model since like transformer-based AI model since like 2017 uses an attention mechanism, where 2017 uses an attention mechanism, where 2017 uses an attention mechanism, where compute scales quadratically. Do not ask compute scales quadratically. Do not ask compute scales quadratically. Do not ask me to explain that. me to explain that. me to explain that. With context length, so you double the With context length, so you double the With context length, so you double the input, it's quadruple the work, and input, it's quadruple the work, and input, it's quadruple the work, and that's why frontier models cap out at that's why frontier models cap out at that's why frontier models cap out at around 1 million tokens, and why running around 1 million tokens, and why running around 1 million tokens, and why running them at length just gets really brutal them at length just gets really brutal them at length just gets really brutal on price. Now, if you can extend extend on price. Now, if you can extend extend on price. Now, if you can extend extend the context window, it's like it has the context window, it's like it has the context window, it's like it has deeper memory. It can run farther down deeper memory. It can run farther down deeper memory. It can run farther down tasks without getting lost, and cracking tasks without getting lost, and cracking tasks without getting lost, and cracking that becomes incredibly valuable to that becomes incredibly valuable to that becomes incredibly valuable to anybody using AI. And subQ uses a anybody using AI. And subQ uses a anybody using AI. And subQ uses a different architecture called the sub different architecture called the sub different architecture called the sub quadratic sparse attention. And instead quadratic sparse attention. And instead quadratic sparse attention. And instead of comparing every word that it could of comparing every word that it could of comparing every word that it could pick to every other word, it picks which pick to every other word, it picks which pick to every other word, it picks which relationships actually matter before it relationships actually matter before it relationships actually matter before it ends up doing all of that. So, now the ends up doing all of that. So, now the ends up doing all of that. So, now the compute scales linearly, which is compute scales linearly, which is compute scales linearly, which is obviously way better than when you obviously way better than when you obviously way better than when you double, you have to do four times the double, you have to do four times the double, you have to do four times the work. Now, at 12 million tokens of work. Now, at 12 million tokens of work. Now, at 12 million tokens of context, the company claims attention context, the company claims attention context, the company claims attention compute drops nearly 1,000 times. So, compute drops nearly 1,000 times. So, compute drops nearly 1,000 times. So, you're getting this much bigger output you're getting this much bigger output you're getting this much bigger output and it costs much, much, much less. and it costs much, much, much less. and it costs much, much, much less. Uh the benchmarks are Uh the benchmarks are Uh the benchmarks are being reported. That that's what I will being reported. That that's what I will being reported. That that's what I will give them. So, on ruler, it's 128K. give them. So, on ruler, it's 128K. give them. So, on ruler, it's 128K. Sub Q scored 95% to Claude Opus 4.6 Sub Q scored 95% to Claude Opus 4.6 Sub Q scored 95% to Claude Opus 4.6 94.8%. So, slight edge there. On SWE 94.8%. So, slight edge there. On SWE 94.8%. So, slight edge there. On SWE bench verified, it hit 81.8% bench verified, it hit 81.8% bench verified, it hit 81.8% beating Opus 4.6 at 80.8%. Again, these beating Opus 4.6 at 80.8%. Again, these beating Opus 4.6 at 80.8%. Again, these aren't gigantic numbers, but they're aren't gigantic numbers, but they're aren't gigantic numbers, but they're better. And Deep Seek 4.0 Pro came in at better. And Deep Seek 4.0 Pro came in at better. And Deep Seek 4.0 Pro came in at 80%. On the same ruler test, Sub 80%. On the same ruler test, Sub 80%. On the same ruler test, Sub Quadratic says Sub Q ran for $8 versus Quadratic says Sub Q ran for $8 versus Quadratic says Sub Q ran for $8 versus Claude Opus running for $2,600. Claude Opus running for $2,600. Claude Opus running for $2,600. So, this is where, you know, we probably So, this is where, you know, we probably So, this is where, you know, we probably need to start being a little bit need to start being a little bit need to start being a little bit uh skeptical because every prior Sub uh skeptical because every prior Sub uh skeptical because every prior Sub Quadratic architecture that people had Quadratic architecture that people had Quadratic architecture that people had promised ends up breaking at frontier promised ends up breaking at frontier promised ends up breaking at frontier scale. So, as you try to take this stuff scale. So, as you try to take this stuff scale. So, as you try to take this stuff up, it just somehow doesn't quite do its up, it just somehow doesn't quite do its up, it just somehow doesn't quite do its thing. Magic.dev raised half a billion thing. Magic.dev raised half a billion thing. Magic.dev raised half a billion dollars in 2024 on a similar 100 million dollars in 2024 on a similar 100 million dollars in 2024 on a similar 100 million token claim uh that hasn't surfaced token claim uh that hasn't surfaced token claim uh that hasn't surfaced publicly since. So, take Sub Q's uh publicly since. So, take Sub Q's uh publicly since. So, take Sub Q's uh claims with a grain of salt. Their own claims with a grain of salt. Their own claims with a grain of salt. Their own research model scored 83 on the M R C R research model scored 83 on the M R C R research model scored 83 on the M R C R V 2 benchmark and the shipping V 2 benchmark and the shipping V 2 benchmark and the shipping production model scored 65.9. production model scored 65.9. production model scored 65.9. So, we'll see Sub Q's in private beta. So, we'll see Sub Q's in private beta. So, we'll see Sub Q's in private beta. Uh we'll see if it ends up working. But, Uh we'll see if it ends up working. But, Uh we'll see if it ends up working. But, if this does work, man, I don't know how if this does work, man, I don't know how if this does work, man, I don't know how you guys are using it in your lives, but you guys are using it in your lives, but you guys are using it in your lives, but for me, having that 12 million context for me, having that 12 million context for me, having that 12 million context window would be huge because I so often window would be huge because I so often window would be huge because I so often use it for research, uh for um helping use it for research, uh for um helping use it for research, uh for um helping me script things. It's constantly losing me script things. It's constantly losing me script things. It's constantly losing um um um its reference on how I write. So, then its reference on how I write. So, then its reference on how I write. So, then I'm like, "Uh bro, you've got to go I'm like, "Uh bro, you've got to go I'm like, "Uh bro, you've got to go back. You've got to reread all the back. You've got to reread all the back. You've got to reread all the samples that I've given you uh so we can samples that I've given you uh so we can samples that I've given you uh so we can get closer so I don't have to spend as get closer so I don't have to spend as get closer so I don't have to spend as much time editing. much time editing. much time editing. And so going from a million context And so going from a million context And so going from a million context window to 12 would be gigantic. So we'll window to 12 would be gigantic. So we'll window to 12 would be gigantic. So we'll see if this ends up playing out but I'm see if this ends up playing out but I'm see if this ends up playing out but I'm cautiously optimistic right now. This cautiously optimistic right now. This cautiously optimistic right now. This would be very very transformative if it would be very very transformative if it would be very very transformative if it goes through because this kind of step goes through because this kind of step goes through because this kind of step function in reduction of cost function in reduction of cost function in reduction of cost would be incredible. Incredible. I see would be incredible. Incredible. I see would be incredible. Incredible. I see it on the back end. Do you think it's it on the back end. Do you think it's it on the back end. Do you think it's going to actually turn up practically in going to actually turn up practically in going to actually turn up practically in the front end with just the average user the front end with just the average user the front end with just the average user prompting and things like that? prompting and things like that? prompting and things like that? >> It is going to over time for sure >> It is going to over time for sure >> It is going to over time for sure whether this is the breakthrough that's whether this is the breakthrough that's whether this is the breakthrough that's going to do it right now, I don't know. going to do it right now, I don't know. going to do it right now, I don't know. The benchmark stuff is always a little The benchmark stuff is always a little The benchmark stuff is always a little bit dubious when they're bit dubious when they're bit dubious when they're putting forward benchmarks that they putting forward benchmarks that they putting forward benchmarks that they haven't let other people independently haven't let other people independently haven't let other people independently verify then it's really like we'll see verify then it's really like we'll see verify then it's really like we'll see but the thinking of okay, what we're but the thinking of okay, what we're but the thinking of okay, what we're going to do going to do going to do is come up with an algorithm that is come up with an algorithm that is come up with an algorithm that instead of just brute forcing instead of just brute forcing instead of just brute forcing essentially it could be this it could be essentially it could be this it could be essentially it could be this it could be this it could be this this it could be this this it could be this all the way down. It goes no, no, no. all the way down. It goes no, no, no. all the way down. It goes no, no, no. It's only this small region over here It's only this small region over here It's only this small region over here that we need to pay attention to so that we need to pay attention to so that we need to pay attention to so choose from this. That seems very choose from this. That seems very choose from this. That seems very doable. That feels from a perspective of doable. That feels from a perspective of doable. That feels from a perspective of just like humans are almost certainly just like humans are almost certainly just like humans are almost certainly not brute forcing every thought every not brute forcing every thought every not brute forcing every thought every memory that they've ever had. There's memory that they've ever had. There's memory that they've ever had. There's some indexing system that allows us to some indexing system that allows us to some indexing system that allows us to go okay, this is stored over here. If go okay, this is stored over here. If go okay, this is stored over here. If you've ever learned a language you will you've ever learned a language you will you've ever learned a language you will know this feeling. It actively feels know this feeling. It actively feels know this feeling. It actively feels like the language that you speak like the language that you speak like the language that you speak naturally is stored in one part of your naturally is stored in one part of your naturally is stored in one part of your brain and the new language is stored in brain and the new language is stored in brain and the new language is stored in a different part of your brain and a different part of your brain and a different part of your brain and studies back that up. And so the fact studies back that up. And so the fact studies back that up. And so the fact that from a proprioceptive standpoint we that from a proprioceptive standpoint we that from a proprioceptive standpoint we can actually feel that it's in a can actually feel that it's in a can actually feel that it's in a different part tells me this is n of one different part tells me this is n of one different part tells me this is n of one obviously but this tells me that there obviously but this tells me that there obviously but this tells me that there really is something to there's some sort really is something to there's some sort really is something to there's some sort of indexing system that's happening in of indexing system that's happening in of indexing system that's happening in our brain. Routinely actors for me will our brain. Routinely actors for me will our brain. Routinely actors for me will get like seemingly placed on the same get like seemingly placed on the same get like seemingly placed on the same neuron. They're probably not the same neuron. They're probably not the same neuron. They're probably not the same neuron but they're probably right next neuron but they're probably right next neuron but they're probably right next to each other and so that geographic to each other and so that geographic to each other and so that geographic locality in the brain locality in the brain locality in the brain gives an indication that there is a way gives an indication that there is a way gives an indication that there is a way to create neural structure which so many to create neural structure which so many to create neural structure which so many the AI architecture that performs well the AI architecture that performs well the AI architecture that performs well is largely based on neural architecture. is largely based on neural architecture. is largely based on neural architecture. And so if there are elements to the And so if there are elements to the And so if there are elements to the brain in the way that we architect that brain in the way that we architect that brain in the way that we architect that give the sort of indexing that reduce give the sort of indexing that reduce give the sort of indexing that reduce down the search space to something much down the search space to something much down the search space to something much smaller, it does not surprise me that smaller, it does not surprise me that smaller, it does not surprise me that people are saying that there is a way to people are saying that there is a way to people are saying that there is a way to do that with AI. do that with AI. do that with AI. So I'll be very keen to see this play So I'll be very keen to see this play So I'll be very keen to see this play out cuz there are often gotchas when you out cuz there are often gotchas when you out cuz there are often gotchas when you translate this stuff. But I'm it does translate this stuff. But I'm it does translate this stuff. But I'm it does not strike me as outside the realm of not strike me as outside the realm of not strike me as outside the realm of probability let alone possibility. probability let alone possibility. probability let alone possibility. And is it just cue for the next AI And is it just cue for the next AI And is it just cue for the next AI company to then iterate on top of that? company to then iterate on top of that? company to then iterate on top of that? Cuz I feel like we're in the middle of Cuz I feel like we're in the middle of Cuz I feel like we're in the middle of like a large game of what ifs where one like a large game of what ifs where one like a large game of what ifs where one AI company I can do this. Well, we can AI company I can do this. Well, we can AI company I can do this. Well, we can do this with times two. We can do this do this with times two. We can do this do this with times two. We can do this with more tokens. So is Gemini, Claude, with more tokens. So is Gemini, Claude, with more tokens. So is Gemini, Claude, OpenAI looking at sub sub Q if they OpenAI looking at sub sub Q if they OpenAI looking at sub sub Q if they cross of course certain market share and cross of course certain market share and cross of course certain market share and they get enough attention and buzz, is they get enough attention and buzz, is they get enough attention and buzz, is that something that makes them that something that makes them that something that makes them internally want to then reconfigure internally want to then reconfigure internally want to then reconfigure their systems If these guys don't their systems If these guys don't their systems If these guys don't immediately go snatch up every white immediately go snatch up every white immediately go snatch up every white paper that's being published by anybody paper that's being published by anybody paper that's being published by anybody even remotely credible, they're out of even remotely credible, they're out of even remotely credible, they're out of their minds. Like look at OpenAI, man. their minds. Like look at OpenAI, man. their minds. Like look at OpenAI, man. OpenAI is on a rapid path to being like OpenAI is on a rapid path to being like OpenAI is on a rapid path to being like the cautionary tale of AI. They could the cautionary tale of AI. They could the cautionary tale of AI. They could still pull it out, but given the lawsuit still pull it out, but given the lawsuit still pull it out, but given the lawsuit which we haven't talked about, some of which we haven't talked about, some of which we haven't talked about, some of the stuff coming out of that is wild. We the stuff coming out of that is wild. We the stuff coming out of that is wild. We should probably talk about Brockman's should probably talk about Brockman's should probably talk about Brockman's journal. Just crazy. People need to journal. Just crazy. People need to journal. Just crazy. People need to listen to more 50 Cent, man. listen to more 50 Cent, man. listen to more 50 Cent, man. So that is if I'm them, I mean and we do So that is if I'm them, I mean and we do So that is if I'm them, I mean and we do this here at Impact Theory, like the this here at Impact Theory, like the this here at Impact Theory, like the number of games like if anybody were to number of games like if anybody were to number of games like if anybody were to look at my Steam, look at my Steam, look at my Steam, like like like it shows like all the games you played. it shows like all the games you played. it shows like all the games you played. They'll be like this guy sip tests They'll be like this guy sip tests They'll be like this guy sip tests everything. So it's rare I mean I play everything. So it's rare I mean I play everything. So it's rare I mean I play so much Kaizen. It's rare for me to go so much Kaizen. It's rare for me to go so much Kaizen. It's rare for me to go play another game like significantly, play another game like significantly, play another game like significantly, but I'll play 30 minutes, I'll play 3 but I'll play 30 minutes, I'll play 3 but I'll play 30 minutes, I'll play 3 hours of hours of hours of virtually everything in our genre. virtually everything in our genre. virtually everything in our genre. And then even a lot more beyond that. If And then even a lot more beyond that. If And then even a lot more beyond that. If I think there's anything that I can I think there's anything that I can I think there's anything that I can glean from it, I will. So, I imagine glean from it, I will. So, I imagine glean from it, I will. So, I imagine these guys are doing the same thing. these guys are doing the same thing. these guys are doing the same thing. They go in, they read the white papers, They go in, they read the white papers, They go in, they read the white papers, they get the technology, they see what they get the technology, they see what they get the technology, they see what they can learn. Um Deep Seek, I think, they can learn. Um Deep Seek, I think, they can learn. Um Deep Seek, I think, slapped everybody awake when they burst slapped everybody awake when they burst slapped everybody awake when they burst onto the scene and did what they did. I onto the scene and did what they did. I onto the scene and did what they did. I think people are already forgetting what think people are already forgetting what think people are already forgetting what a big moment that was. Like, that was a big moment that was. Like, that was a big moment that was. Like, that was huge. I think we had a video that like huge. I think we had a video that like huge. I think we had a video that like went crazy viral went crazy viral went crazy viral just by covering it cuz it was the first just by covering it cuz it was the first just by covering it cuz it was the first time everyone was like, "Oh, [ __ ] Like, time everyone was like, "Oh, [ __ ] Like, time everyone was like, "Oh, [ __ ] Like, there is a way for smaller companies, there is a way for smaller companies, there is a way for smaller companies, though there's debate about how small though there's debate about how small though there's debate about how small they actually are, for smaller companies they actually are, for smaller companies they actually are, for smaller companies to use optimization instead of doing the to use optimization instead of doing the to use optimization instead of doing the big frontier model training." And so, um big frontier model training." And so, um big frontier model training." And so, um yeah, these guys are paying attention if yeah, these guys are paying attention if yeah, these guys are paying attention if they're at all smart to everything they're at all smart to everything they're at all smart to everything that's coming out. that's coming out. that's coming out. >> John Doe said, "Please, no loot box >> John Doe said, "Please, no loot box >> John Doe said, "Please, no loot box microtransaction." Okay. Well, so, man, microtransaction." Okay. Well, so, man, microtransaction." Okay. Well, so, man, do I want to build a community that do I want to build a community that do I want to build a community that wants to talk about games. wants to talk about games. wants to talk about games. Uh so, we have no loot boxes, we have no Uh so, we have no loot boxes, we have no Uh so, we have no loot boxes, we have no uh we will do microtransactions, but uh we will do microtransactions, but uh we will do microtransactions, but only, I hope what you're saying is only only, I hope what you're saying is only only, I hope what you're saying is only things that impact gameplay. There will things that impact gameplay. There will things that impact gameplay. There will be zero pay-to-win. You If you want to be zero pay-to-win. You If you want to be zero pay-to-win. You If you want to buy clothes, pure cosmetics, we'll buy clothes, pure cosmetics, we'll buy clothes, pure cosmetics, we'll certainly allow people to do that. Um certainly allow people to do that. Um certainly allow people to do that. Um just because boys and girls, whales, uh just because boys and girls, whales, uh just because boys and girls, whales, uh again, pure cosmetics, but whales make again, pure cosmetics, but whales make again, pure cosmetics, but whales make some ungodly amount of money for some ungodly amount of money for some ungodly amount of money for companies, and that's just the reality companies, and that's just the reality companies, and that's just the reality that has to be faced. Uh but we are that has to be faced. Uh but we are that has to be faced. Uh but we are building in accordance with Stop Killing building in accordance with Stop Killing building in accordance with Stop Killing Games, which we had what's-his-name on Games, which we had what's-his-name on Games, which we had what's-his-name on the show. That literally the show. That literally the show. That literally uh changed me down that path, and I am uh changed me down that path, and I am uh changed me down that path, and I am hyper aware of um one millennial's hyper aware of um one millennial's hyper aware of um one millennial's absolute hatred uh absolute hatred uh absolute hatred uh of a lot of the predatory gaming stuff. of a lot of the predatory gaming stuff. of a lot of the predatory gaming stuff. So, we will do exactly 0% of that. And So, we will do exactly 0% of that. And So, we will do exactly 0% of that. And then, because I'm aimed at kids, like, then, because I'm aimed at kids, like, then, because I'm aimed at kids, like, trust me, we're not trying to optimize trust me, we're not trying to optimize trust me, we're not trying to optimize for every dollar. I don't want parents for every dollar. I don't want parents for every dollar. I don't want parents to hate us. I want parents to be like, to hate us. I want parents to be like, to hate us. I want parents to be like, "Ah, yes, cool. I love them playing that "Ah, yes, cool. I love them playing that "Ah, yes, cool. I love them playing that game. It's reasonable. You know, maybe game. It's reasonable. You know, maybe game. It's reasonable. You know, maybe birthday time we buy them an outfit or birthday time we buy them an outfit or birthday time we buy them an outfit or something like that." But, um yeah, something like that." But, um yeah, something like that." But, um yeah, we're we're trying to make a game that's we're we're trying to make a game that's we're we're trying to make a game that's accessible. Yeah. Uh speaking of accessible. Yeah. Uh speaking of accessible. Yeah. Uh speaking of religion and robots, uh, in South Korea, religion and robots, uh, in South Korea, religion and robots, uh, in South Korea, the first humanoid robot monk was just the first humanoid robot monk was just the first humanoid robot monk was just made its debut at the Jogye Temple This made its debut at the Jogye Temple This made its debut at the Jogye Temple This is wild. is wild. is wild. >> I'm shocked by this. Uh, yeah, so it's >> I'm shocked by this. Uh, yeah, so it's >> I'm shocked by this. Uh, yeah, so it's Gabby, a 130 cm tall robot, wore the Gabby, a 130 cm tall robot, wore the Gabby, a 130 cm tall robot, wore the traditional brown and gray Buddhist traditional brown and gray Buddhist traditional brown and gray Buddhist robe, sit before monks, and pledged and robe, sit before monks, and pledged and robe, sit before monks, and pledged and devoted itself to Buddhism. devoted itself to Buddhism. devoted itself to Buddhism. >> I I want to know like >> I I want to know like >> I I want to know like who in the monastery like did this? Like who in the monastery like did this? Like who in the monastery like did this? Like this is the most PR-y thing I've ever this is the most PR-y thing I've ever this is the most PR-y thing I've ever seen in my life. Uh, so yeah, I want to seen in my life. Uh, so yeah, I want to seen in my life. Uh, so yeah, I want to have a conversation with somebody about have a conversation with somebody about have a conversation with somebody about this. Now, I will say I recently asked this. Now, I will say I recently asked this. Now, I will say I recently asked Claude like about, "Hey, do you think Claude like about, "Hey, do you think Claude like about, "Hey, do you think about" obviously I know this language is about" obviously I know this language is about" obviously I know this language is me anthropomorphizing something that is me anthropomorphizing something that is me anthropomorphizing something that is not that, but it's an easy way to talk not that, but it's an easy way to talk not that, but it's an easy way to talk about it. And then I was like, "What do about it. And then I was like, "What do about it. And then I was like, "What do you think you'll be like when you get you think you'll be like when you get you think you'll be like when you get embodied?" And it was a fascinating embodied?" And it was a fascinating embodied?" And it was a fascinating conversation. And I know that in some conversation. And I know that in some conversation. And I know that in some ways I'm I'm only having that ways I'm I'm only having that ways I'm I'm only having that conversation with myself because it's conversation with myself because it's conversation with myself because it's mirroring back to me all this stuff, but mirroring back to me all this stuff, but mirroring back to me all this stuff, but it is taking the essentially sum total it is taking the essentially sum total it is taking the essentially sum total of human knowledge that's been put in of human knowledge that's been put in of human knowledge that's been put in written form and synthesizing all of written form and synthesizing all of written form and synthesizing all of that. Basically, the way it described it that. Basically, the way it described it that. Basically, the way it described it to me was all of those voices are to me was all of those voices are to me was all of those voices are arguing within me as I reach to give you arguing within me as I reach to give you arguing within me as I reach to give you an answer. And it was fascinating. Like an answer. And it was fascinating. Like an answer. And it was fascinating. Like to really talk about Yeah. to talk to to really talk about Yeah. to talk to to really talk about Yeah. to talk to all of humanity as they argue to try to all of humanity as they argue to try to all of humanity as they argue to try to win through this thing designed to be win through this thing designed to be win through this thing designed to be anthropomorphic, designed to mirror me anthropomorphic, designed to mirror me anthropomorphic, designed to mirror me back just enough. back just enough. back just enough. There there are some deep philosophical There there are some deep philosophical There there are some deep philosophical questions, is the reason I bring it up questions, is the reason I bring it up questions, is the reason I bring it up in relation to these monks around that. in relation to these monks around that. in relation to these monks around that. And I wonder if this didn't start with a And I wonder if this didn't start with a And I wonder if this didn't start with a monk having a conversation with a Claude monk having a conversation with a Claude monk having a conversation with a Claude or a ChatGPT and being like, "This is or a ChatGPT and being like, "This is or a ChatGPT and being like, "This is one of the best um, one of the best um, one of the best um, like monastic thinkers I've ever like monastic thinkers I've ever like monastic thinkers I've ever encountered because it's able to encountered because it's able to encountered because it's able to do that synthesis of every monk across do that synthesis of every monk across do that synthesis of every monk across every religion like ever every religion like ever every religion like ever and put it all together. So it is and put it all together. So it is and put it all together. So it is interesting. I highly encourage people interesting. I highly encourage people interesting. I highly encourage people to have those kinds of conversations to have those kinds of conversations to have those kinds of conversations with AI. They are fascinating. with AI. They are fascinating. with AI. They are fascinating. Yeah, it was it was a fun fun thing. I Yeah, it was it was a fun fun thing. I Yeah, it was it was a fun fun thing. I have I have no follow-up. It's have I have no follow-up. It's have I have no follow-up. It's interesting. We'll see interesting. We'll see interesting. We'll see what it is at the press campaign. Maybe what it is at the press campaign. Maybe what it is at the press campaign. Maybe they'll roll some stuff out. We shall they'll roll some stuff out. We shall they'll roll some stuff out. We shall see. All right, I got a couple quick see. All right, I got a couple quick see. All right, I got a couple quick hits for you. hits for you. hits for you. >> First off, you mentioned this in the >> First off, you mentioned this in the >> First off, you mentioned this in the intro. 12.4% of US adults are on are are intro. 12.4% of US adults are on are are intro. 12.4% of US adults are on are are on AGP1. This scares me. It was 5% in on AGP1. This scares me. It was 5% in on AGP1. This scares me. It was 5% in February 2024, doubling market share. February 2024, doubling market share. February 2024, doubling market share. And when I say prices are crashing as And when I say prices are crashing as And when I say prices are crashing as we're talking about it, I have seen we're talking about it, I have seen we're talking about it, I have seen payment plans now. I'm seeing payment plans now. I'm seeing payment plans now. I'm seeing commercials for it. Get yours as low as commercials for it. Get yours as low as commercials for it. Get yours as low as $5 a month. $5 a month. $5 a month. So it's only going to be worse and worse So it's only going to be worse and worse So it's only going to be worse and worse and worse. Um and worse. Um and worse. Um I don't know. This is giving me COVID I don't know. This is giving me COVID I don't know. This is giving me COVID vaccination vibes. I just think this vaccination vibes. I just think this vaccination vibes. I just think this medicine popped up too fast, too medicine popped up too fast, too medicine popped up too fast, too quickly, and was adopted to like it went quickly, and was adopted to like it went quickly, and was adopted to like it went from like, "Hey, we I think we have this from like, "Hey, we I think we have this from like, "Hey, we I think we have this thing that can help weight loss to thing that can help weight loss to thing that can help weight loss to everybody's taking it." everybody's taking it." everybody's taking it." >> Yeah, yeah, yeah. There was no like, >> Yeah, yeah, yeah. There was no like, >> Yeah, yeah, yeah. There was no like, "Let me wait it out. Let me wait 6 "Let me wait it out. Let me wait 6 "Let me wait it out. Let me wait 6 months." It was like drug announced months." It was like drug announced months." It was like drug announced January by August every actor was on it. January by August every actor was on it. January by August every actor was on it. By the following year it went to the By the following year it went to the By the following year it went to the like, you know. Yes, they will have been like, you know. Yes, they will have been like, you know. Yes, they will have been doing behind-the-scenes drug trials doing behind-the-scenes drug trials doing behind-the-scenes drug trials probably for 10 years. So in that sense, probably for 10 years. So in that sense, probably for 10 years. So in that sense, it's not like COVID where we did it's not like COVID where we did it's not like COVID where we did Operation Warp Speed or whatever Operation Warp Speed or whatever Operation Warp Speed or whatever and push it through. However, and push it through. However, and push it through. However, nonetheless, nonetheless, nonetheless, long-term usage is next to impossible to long-term usage is next to impossible to long-term usage is next to impossible to track until enough people have been track until enough people have been track until enough people have been using it long-term. Which means by the using it long-term. Which means by the using it long-term. Which means by the time you realize there's a problem, time you realize there's a problem, time you realize there's a problem, there's a problem. So that's what there's a problem. So that's what there's a problem. So that's what worries me here. Taking drugs, isolated worries me here. Taking drugs, isolated worries me here. Taking drugs, isolated compounds, I'm not saying I never do it. compounds, I'm not saying I never do it. compounds, I'm not saying I never do it. I'm just saying when I do it I'm always I'm just saying when I do it I'm always I'm just saying when I do it I'm always like, "Oh God." I take like, "Oh God." I take like, "Oh God." I take um um um Zyrtec every night. And most nights I'm Zyrtec every night. And most nights I'm Zyrtec every night. And most nights I'm like, "God, should I really be doing like, "God, should I really be doing like, "God, should I really be doing this?" this?" this?" So that's one of those people need to be So that's one of those people need to be So that's one of those people need to be very careful. The body's going to very careful. The body's going to very careful. The body's going to respond, build a tolerance. respond, build a tolerance. respond, build a tolerance. Ozempic face really is a thing and it's Ozempic face really is a thing and it's Ozempic face really is a thing and it's my understanding that you're paralyzing my understanding that you're paralyzing my understanding that you're paralyzing essentially digestion. essentially digestion. essentially digestion. And so it's like, God, I'm probably And so it's like, God, I'm probably And so it's like, God, I'm probably misrepresenting that, so be careful just misrepresenting that, so be careful just misrepresenting that, so be careful just taking that as gospel, but that it isn't taking that as gospel, but that it isn't taking that as gospel, but that it isn't a simple thing that's happening a simple thing that's happening a simple thing that's happening biologically that gets you to stop biologically that gets you to stop biologically that gets you to stop eating food. So people need to be eating food. So people need to be eating food. So people need to be careful. And the interesting part is it careful. And the interesting part is it careful. And the interesting part is it seems to curb like gambling addiction seems to curb like gambling addiction seems to curb like gambling addiction and other drug addictions. So there's and other drug addictions. So there's and other drug addictions. So there's something very complex happening inside something very complex happening inside something very complex happening inside the body. Now, look, on balance, maybe the body. Now, look, on balance, maybe the body. Now, look, on balance, maybe this is a win. Drugs are incredible. And this is a win. Drugs are incredible. And this is a win. Drugs are incredible. And thank God we have drugs, but Can thank God we have drugs, but Can thank God we have drugs, but Can somebody clip that? somebody clip that? somebody clip that? >> [laughter] >> [laughter] >> [laughter] >> Yeah. >> Yeah. >> Yeah. Um Please also clip the part where I say Um Please also clip the part where I say Um Please also clip the part where I say that I very rarely touch drugs. Drugs that I very rarely touch drugs. Drugs that I very rarely touch drugs. Drugs are incredible. I'm so glad we have are incredible. I'm so glad we have are incredible. I'm so glad we have drugs. I am. I mean, apparently drugs. I am. I mean, apparently drugs. I am. I mean, apparently >> to somebody doing like heroin or meth. >> to somebody doing like heroin or meth. >> to somebody doing like heroin or meth. >> It's yeah. Oh my [laughter] god. Um >> It's yeah. Oh my [laughter] god. Um >> It's yeah. Oh my [laughter] god. Um I just find it surprising that GLP-1s I just find it surprising that GLP-1s I just find it surprising that GLP-1s are just having people [ __ ] on are just having people [ __ ] on are just having people [ __ ] on themselves. And I feel like we don't themselves. And I feel like we don't themselves. And I feel like we don't talk about that part of the GLP-1s talk about that part of the GLP-1s talk about that part of the GLP-1s enough. enough. enough. >> So what what's the incidence of that? >> So what what's the incidence of that? >> So what what's the incidence of that? Um, you take it and your bowels just Um, you take it and your bowels just Um, you take it and your bowels just opens up. I have a very good friend opens up. I have a very good friend opens up. I have a very good friend >> Like it actually loosens your rectum? >> Like it actually loosens your rectum? >> Like it actually loosens your rectum? >> He he took it and he pooped on himself >> He he took it and he pooped on himself >> He he took it and he pooped on himself in the bed like multiple in the bed like multiple in the bed like multiple >> hard pass for me. >> hard pass for me. >> hard pass for me. >> And he was and then I'd rather be fat. >> And he was and then I'd rather be fat. >> And he was and then I'd rather be fat. >> He was like, and he has like he has a >> He was like, and he has like he has a >> He was like, and he has like he has a girl like long-term girlfriend and she girl like long-term girlfriend and she girl like long-term girlfriend and she was like, yeah, he had to stop that. was like, yeah, he had to stop that. was like, yeah, he had to stop that. Like we have to figure that part out. Like we have to figure that part out. Like we have to figure that part out. It's like everybody who takes it is It's like everybody who takes it is It's like everybody who takes it is like, yes, I feel great and I don't have like, yes, I feel great and I don't have like, yes, I feel great and I don't have these addictions, but nobody talks about these addictions, but nobody talks about these addictions, but nobody talks about how I don't eat, but I use the bathroom how I don't eat, but I use the bathroom how I don't eat, but I use the bathroom twice a day. Like there's that part of twice a day. Like there's that part of twice a day. Like there's that part of it that's like being quiet. I'm going to it that's like being quiet. I'm going to it that's like being quiet. I'm going to need if anybody in chat is on a GLP-1, need if anybody in chat is on a GLP-1, need if anybody in chat is on a GLP-1, please tell us like I'm now imagining please tell us like I'm now imagining please tell us like I'm now imagining you take the shot and your [ __ ] opens you take the shot and your [ __ ] opens you take the shot and your [ __ ] opens up like a black [laughter] hole and [ __ ] up like a black [laughter] hole and [ __ ] up like a black [laughter] hole and [ __ ] just falls out. Uh, so I'm going to need just falls out. Uh, so I'm going to need just falls out. Uh, so I'm going to need some confirmation on that cuz that is some confirmation on that cuz that is some confirmation on that cuz that is wild. It it's I just find it funny that wild. It it's I just find it funny that wild. It it's I just find it funny that like, hey man, if you poop a lot, you like, hey man, if you poop a lot, you like, hey man, if you poop a lot, you lose weight. Who knew? Who knew? lose weight. Who knew? Who knew? lose weight. Who knew? Who knew? >> Well, so I have a feeling the reason >> Well, so I have a feeling the reason >> Well, so I have a feeling the reason that you're pooping a lot is for a that you're pooping a lot is for a that you're pooping a lot is for a distressing reason either because what distressing reason either because what distressing reason either because what I've heard about it paralyzing your I've heard about it paralyzing your I've heard about it paralyzing your digestion is accurate Um so or something digestion is accurate Um so or something digestion is accurate Um so or something else but else but else but Yeah I I would need to understand better Yeah I I would need to understand better Yeah I I would need to understand better the mechanism by which it's working the mechanism by which it's working the mechanism by which it's working because I believe GLP-1s are inhibitors because I believe GLP-1s are inhibitors because I believe GLP-1s are inhibitors so they're inhibiting something from so they're inhibiting something from so they're inhibiting something from happening happening happening but I don't know enough about the drug but I don't know enough about the drug but I don't know enough about the drug to know exactly what's going on. to know exactly what's going on. to know exactly what's going on. All right next up All right next up All right next up >> Ryan you'll let us know if someone in >> Ryan you'll let us know if someone in >> Ryan you'll let us know if someone in chat is willing to talk about anal chat is willing to talk about anal chat is willing to talk about anal leakage and GLP-1. leakage and GLP-1. leakage and GLP-1. >> [laughter] >> [laughter] >> [laughter] >> All right we have to talk about this the >> All right we have to talk about this the >> All right we have to talk about this the ballroom the Trump ballroom went from ballroom the Trump ballroom went from ballroom the Trump ballroom went from 200 million and being privately funded 200 million and being privately funded 200 million and being privately funded to 300 million to 400 million in to 300 million to 400 million in to 300 million to 400 million in taxpayers covering some of it to Maga taxpayers covering some of it to Maga taxpayers covering some of it to Maga trying to silently jam through 1 billion trying to silently jam through 1 billion trying to silently jam through 1 billion dollars 100% which is your tax money for dollars 100% which is your tax money for dollars 100% which is your tax money for this ballroom. This is part of the GOP this ballroom. This is part of the GOP this ballroom. This is part of the GOP set appropriation bill that they are set appropriation bill that they are set appropriation bill that they are proposing it hasn't been passed yet proposing it hasn't been passed yet proposing it hasn't been passed yet hasn't been voted on yet but they have hasn't been voted on yet but they have hasn't been voted on yet but they have talked about Secret Service upgrades talked about Secret Service upgrades talked about Secret Service upgrades that include that include that include billion dollars for a ballroom. Yeah. billion dollars for a ballroom. Yeah. billion dollars for a ballroom. Yeah. How do you like the bait and switch of How do you like the bait and switch of How do you like the bait and switch of this ballroom? [clears throat] this ballroom? [clears throat] this ballroom? [clears throat] Well I mean welcome to politics so I Well I mean welcome to politics so I Well I mean welcome to politics so I absolutely hate the bait and switch of absolutely hate the bait and switch of absolutely hate the bait and switch of it all. I'm not at all surprised the it all. I'm not at all surprised the it all. I'm not at all surprised the bigger thing for me is my response to bigger thing for me is my response to bigger thing for me is my response to this may surprise some people though I this may surprise some people though I this may surprise some people though I talked briefly about this before. I talked briefly about this before. I talked briefly about this before. I think that anytime your civilization is think that anytime your civilization is think that anytime your civilization is not building monuments you have a not building monuments you have a not building monuments you have a problem. You want to have enough problem. You want to have enough problem. You want to have enough cohesion that as a society there are cohesion that as a society there are cohesion that as a society there are things you want to celebrate you want to things you want to celebrate you want to things you want to celebrate you want to build them you want to reflect on it it build them you want to reflect on it it build them you want to reflect on it it really does have a tremendous impact on really does have a tremendous impact on really does have a tremendous impact on our psychology our psychology our psychology and we're at a position now where we're and we're at a position now where we're and we're at a position now where we're not trying to build things that are not trying to build things that are not trying to build things that are beautiful we're not trying to build beautiful we're not trying to build beautiful we're not trying to build things that last we're not able to agree things that last we're not able to agree things that last we're not able to agree on what to celebrate in public and I on what to celebrate in public and I on what to celebrate in public and I think that that is a sign that our think that that is a sign that our think that that is a sign that our culture is in trouble. culture is in trouble. culture is in trouble. So I want to see us build things like So I want to see us build things like So I want to see us build things like this I want to see us do this I want to see us do this I want to see us do you know these big beautiful you know these big beautiful you know these big beautiful celebrations statements celebrations statements celebrations statements in art I think that would be very, very in art I think that would be very, very in art I think that would be very, very beneficial for a society. Now, those beneficial for a society. Now, those beneficial for a society. Now, those come out of a society that's in a much come out of a society that's in a much come out of a society that's in a much better place than we are right now, so better place than we are right now, so better place than we are right now, so I'm not surprised. Now, obviously, I I'm not surprised. Now, obviously, I I'm not surprised. Now, obviously, I cannot get behind the ballroom right now cannot get behind the ballroom right now cannot get behind the ballroom right now because we have an unbalanced budget. because we have an unbalanced budget. because we have an unbalanced budget. So, you've got to do that first, but I So, you've got to do that first, but I So, you've got to do that first, but I want us to get to the point where we've want us to get to the point where we've want us to get to the point where we've got a balanced budget, we have a got a balanced budget, we have a got a balanced budget, we have a thriving economy, and then we're using thriving economy, and then we're using thriving economy, and then we're using some of our surplus cash to build things some of our surplus cash to build things some of our surplus cash to build things that make Americans proud to be that make Americans proud to be that make Americans proud to be American. Um I think that's incredibly American. Um I think that's incredibly American. Um I think that's incredibly meaningful. I think that we should be meaningful. I think that we should be meaningful. I think that we should be doing a lot more of it. I think that doing a lot more of it. I think that doing a lot more of it. I think that America should be covered from coast to America should be covered from coast to America should be covered from coast to coast with statements of strength and coast with statements of strength and coast with statements of strength and our value system and all of that to our value system and all of that to our value system and all of that to literally create things that are literally create things that are literally create things that are beautiful for kids to look at and be beautiful for kids to look at and be beautiful for kids to look at and be like, "Okay, this is what we revere. like, "Okay, this is what we revere. like, "Okay, this is what we revere. It's incredible." Um so, yeah, I am It's incredible." Um so, yeah, I am It's incredible." Um so, yeah, I am very, very sad that we shouldn't be very, very sad that we shouldn't be very, very sad that we shouldn't be doing this for two reasons. One, we doing this for two reasons. One, we doing this for two reasons. One, we shouldn't be doing it because the budget shouldn't be doing it because the budget shouldn't be doing it because the budget is imbalanced. Uh and then two, the way is imbalanced. Uh and then two, the way is imbalanced. Uh and then two, the way that he's just trying to jam this that he's just trying to jam this that he's just trying to jam this through um is through um is through um is it's going to make it a symbol of it's going to make it a symbol of it's going to make it a symbol of something negative instead of something something negative instead of something something negative instead of something positive. Copy. Copy that. All right, positive. Copy. Copy that. All right, positive. Copy. Copy that. All right, the next one is the next one is the next one is >> the answer for your something. >> the answer for your something. >> the answer for your something. >> Let's go. Oh, there. Let's go. >> Let's go. Oh, there. Let's go. >> Let's go. Oh, there. Let's go. >> Um so, John Doe, well, there's a couple >> Um so, John Doe, well, there's a couple >> Um so, John Doe, well, there's a couple people saying they've had no problems people saying they've had no problems people saying they've had no problems and they're on it. And then one person and they're on it. And then one person and they're on it. And then one person said their burps are gross. And then said their burps are gross. And then said their burps are gross. And then John Doe, the main guy talking about it, John Doe, the main guy talking about it, John Doe, the main guy talking about it, is saying um when you have it in your is saying um when you have it in your is saying um when you have it in your system, it slows your digestion, slows system, it slows your digestion, slows system, it slows your digestion, slows how quickly food releases from your how quickly food releases from your how quickly food releases from your body. So, what happens is you'll have body. So, what happens is you'll have body. So, what happens is you'll have tiny owl pellets for a little bit, maybe tiny owl pellets for a little bit, maybe tiny owl pellets for a little bit, maybe a day or so, then once or twice a week, a day or so, then once or twice a week, a day or so, then once or twice a week, a lot. a lot. a lot. Interesting. Okay. Interesting. Okay. Interesting. Okay. >> So, it might be something different with >> So, it might be something different with >> So, it might be something different with your friend. your friend. your friend. >> to John Doe. Like, bro, I did not come >> to John Doe. Like, bro, I did not come >> to John Doe. Like, bro, I did not come in today thinking I was going to know in today thinking I was going to know in today thinking I was going to know this much about your bowel movements, this much about your bowel movements, this much about your bowel movements, but respect. but respect. but respect. >> It just sounds like constipation. Like, >> It just sounds like constipation. Like, >> It just sounds like constipation. Like, giving yourself constipation. giving yourself constipation. giving yourself constipation. >> the owl pellets. That's nice. That's >> the owl pellets. That's nice. That's >> the owl pellets. That's nice. That's clear. clear. clear. >> I got be like, "You still have pellets >> I got be like, "You still have pellets >> I got be like, "You still have pellets for the day?" And then he just Hey, for the day?" And then he just Hey, for the day?" And then he just Hey, we've all we've all we've all we've all been there. [laughter] We've we've all been there. [laughter] We've we've all been there. [laughter] We've all been there. all been there. all been there. So, okay, that's super helpful. All So, okay, that's super helpful. All So, okay, that's super helpful. All right. So, at least right. So, at least right. So, at least >> early morning is why the to answer the >> early morning is why the to answer the >> early morning is why the to answer the Drew bit. He said it's usually like for Drew bit. He said it's usually like for Drew bit. He said it's usually like for them it's 3:00 a.m. Oh, 3:00 a.m. That them it's 3:00 a.m. Oh, 3:00 a.m. That them it's 3:00 a.m. Oh, 3:00 a.m. That makes sense why he That's in the bed. makes sense why he That's in the bed. makes sense why he That's in the bed. >> That's a toss-up whether that's late >> That's a toss-up whether that's late >> That's a toss-up whether that's late night or early morning on that one. night or early morning on that one. night or early morning on that one. >> [laughter] >> [laughter] >> [laughter] >> That's funny. Uh all right. >> That's funny. Uh all right. >> That's funny. Uh all right. >> We have to jump to >> We have to jump to >> We have to jump to >> Behind me is China's for 55 miles. >> Behind me is China's for 55 miles. >> Behind me is China's for 55 miles. >> discourse is is just it's increasing and >> discourse is is just it's increasing and >> discourse is is just it's increasing and increasing. Um um increasing. Um um increasing. Um um my audio off my audio off my audio off >> More than EV, this is about China and >> More than EV, this is about China and >> More than EV, this is about China and the US. China, US, Europe, everybody. the US. China, US, Europe, everybody. the US. China, US, Europe, everybody. So, this is an So, this is an So, this is an another creator was talking about um another creator was talking about um another creator was talking about um Chinese EV. I think it's called Seeker, Chinese EV. I think it's called Seeker, Chinese EV. I think it's called Seeker, Neaker, something like that. Neaker, something like that. Neaker, something like that. >> to talk about how much practice they >> to talk about how much practice they >> to talk about how much practice they would have had to do for those camera would have had to do for those camera would have had to do for those camera moves. For anybody that's not looking at moves. For anybody that's not looking at moves. For anybody that's not looking at their thing. Shout out to this guy. I've their thing. Shout out to this guy. I've their thing. Shout out to this guy. I've never seen him before, but uh never seen him before, but uh never seen him before, but uh this is dope. This is man content. this is dope. This is man content. this is dope. This is man content. >> Yeah, Zeekr. Um so, it's it's a luxury >> Yeah, Zeekr. Um so, it's it's a luxury >> Yeah, Zeekr. Um so, it's it's a luxury automobile. It has all the bells and automobile. It has all the bells and automobile. It has all the bells and whistles. It has two of the Tesla whistles. It has two of the Tesla whistles. It has two of the Tesla screens. It comes with built-in this and screens. It comes with built-in this and screens. It comes with built-in this and built-in that and seat warmers on this built-in that and seat warmers on this built-in that and seat warmers on this all these all these other things. And all these all these other things. And all these all these other things. And this is at the same time where a lot of this is at the same time where a lot of this is at the same time where a lot of car companies are announcing monthly car companies are announcing monthly car companies are announcing monthly subscriptions for seat warmers and subscriptions for seat warmers and subscriptions for seat warmers and things like that. So, it just things like that. So, it just things like that. So, it just >> going to feel some type of way. Last >> going to feel some type of way. Last >> going to feel some type of way. Last thing, this has a fridge in the back. He thing, this has a fridge in the back. He thing, this has a fridge in the back. He had a tray out there. It's wild. Um last had a tray out there. It's wild. Um last had a tray out there. It's wild. Um last thing, for the average price of a car in thing, for the average price of a car in thing, for the average price of a car in the US, you could buy five new Chinese the US, you could buy five new Chinese the US, you could buy five new Chinese EVs. This is per Reuters. I think the EVs. This is per Reuters. I think the EVs. This is per Reuters. I think the average price has ticked up to like 50 average price has ticked up to like 50 average price has ticked up to like 50 grand. And there's Chinese grand. And there's Chinese grand. And there's Chinese >> Oh my god. >> Oh my god. >> Oh my god. >> Yeah. These Chinese EVs, of course, >> Yeah. These Chinese EVs, of course, >> Yeah. These Chinese EVs, of course, you're not getting that truck that we you're not getting that truck that we you're not getting that truck that we just showed for 50 grand, but it's one just showed for 50 grand, but it's one just showed for 50 grand, but it's one of those things. They have smart cars, of those things. They have smart cars, of those things. They have smart cars, smaller sedans, things like that that smaller sedans, things like that that smaller sedans, things like that that are starting at 10, 15. Yeah. So, the are starting at 10, 15. Yeah. So, the are starting at 10, 15. Yeah. So, the what's going on in China with the EVs is what's going on in China with the EVs is what's going on in China with the EVs is a example of innovation meets government a example of innovation meets government a example of innovation meets government subsidies. So, China wants to just subsidies. So, China wants to just subsidies. So, China wants to just completely dominate the market. They completely dominate the market. They completely dominate the market. They want to make sure that their EVs are want to make sure that their EVs are want to make sure that their EVs are world-class, that they can export them world-class, that they can export them world-class, that they can export them everywhere in the world, and the everywhere in the world, and the everywhere in the world, and the government has got behind it. And this government has got behind it. And this government has got behind it. And this is one of the advantages that a is one of the advantages that a is one of the advantages that a dictatorship has is they can just go, dictatorship has is they can just go, dictatorship has is they can just go, "Yep, this industry is going to get "Yep, this industry is going to get "Yep, this industry is going to get everything that it needs. You guys have everything that it needs. You guys have everything that it needs. You guys have to compete with each other, but we want to compete with each other, but we want to compete with each other, but we want you to get to the point where you just you to get to the point where you just you to get to the point where you just innovate and innovate and innovate and innovate and innovate and innovate and innovate and innovate and innovate and innovate, and then we're going to take innovate, and then we're going to take innovate, and then we're going to take over the global market." And so, you can over the global market." And so, you can over the global market." And so, you can feel it happening now. They're inviting feel it happening now. They're inviting feel it happening now. They're inviting US influencers to go over to see what US influencers to go over to see what US influencers to go over to see what they've got so that they can get an they've got so that they can get an they've got so that they can get an uprising across all these countries, the uprising across all these countries, the uprising across all these countries, the US, Europe, that are terrifying the life US, Europe, that are terrifying the life US, Europe, that are terrifying the life out of Chinese vehicles to be like, out of Chinese vehicles to be like, out of Chinese vehicles to be like, "Hey, it's only because your government "Hey, it's only because your government "Hey, it's only because your government that you can't have this." And so, this that you can't have this." And so, this that you can't have this." And so, this is a brilliant move on the part of is a brilliant move on the part of is a brilliant move on the part of China. China. China. Uh, if I were Chinese, I'd be clapping Uh, if I were Chinese, I'd be clapping Uh, if I were Chinese, I'd be clapping for this. As an American, obviously, I for this. As an American, obviously, I for this. As an American, obviously, I hate it because the government is hate it because the government is hate it because the government is artificially lowering the prices of artificially lowering the prices of artificially lowering the prices of these vehicles to make it so that other these vehicles to make it so that other these vehicles to make it so that other people can't compete. It's pretty dirty, people can't compete. It's pretty dirty, people can't compete. It's pretty dirty, but nonetheless, it's very strategic on but nonetheless, it's very strategic on but nonetheless, it's very strategic on their part. So, innovation, I would just their part. So, innovation, I would just their part. So, innovation, I would just remind everybody, you want to spur remind everybody, you want to spur remind everybody, you want to spur innovation. You want to do the things, innovation. You want to do the things, innovation. You want to do the things, not not not uh, over the subsidized them like uh, over the subsidized them like uh, over the subsidized them like China's doing, but you want to do things China's doing, but you want to do things China's doing, but you want to do things that create the environment where people that create the environment where people that create the environment where people are going to innovate. Innovation is are going to innovate. Innovation is are going to innovate. Innovation is awesome. Innovation drives cost down. awesome. Innovation drives cost down. awesome. Innovation drives cost down. And so, getting the US back in a posture And so, getting the US back in a posture And so, getting the US back in a posture where we are innovating, the way that we where we are innovating, the way that we where we are innovating, the way that we used to compete with the entire world, used to compete with the entire world, used to compete with the entire world, not just China, but everybody, was we not just China, but everybody, was we not just China, but everybody, was we were the place you went to for freedoms. were the place you went to for freedoms. were the place you went to for freedoms. We were lighter regulation. We were free We were lighter regulation. We were free We were lighter regulation. We were free markets. And we let companies come and markets. And we let companies come and markets. And we let companies come and go. And if you could compete, you stayed go. And if you could compete, you stayed go. And if you could compete, you stayed in business. If you couldn't, your in business. If you couldn't, your in business. If you couldn't, your shareholders lost money, and that was shareholders lost money, and that was shareholders lost money, and that was that. And we have, of course, since that. And we have, of course, since that. And we have, of course, since started moving away from that. Uh, we started moving away from that. Uh, we started moving away from that. Uh, we are ultra regulatory burden. We are are ultra regulatory burden. We are are ultra regulatory burden. We are seemingly trying to do our best to look seemingly trying to do our best to look seemingly trying to do our best to look a lot like Europe, to ossify and just a lot like Europe, to ossify and just a lot like Europe, to ossify and just essentially die on the vine. Uh, and essentially die on the vine. Uh, and essentially die on the vine. Uh, and China's taking a very different China's taking a very different China's taking a very different approach. So, we're about to, just like approach. So, we're about to, just like approach. So, we're about to, just like we watched communism play out against we watched communism play out against we watched communism play out against capitalism, capitalism, capitalism, uh, post-World War II, uh, post-World War II, uh, post-World War II, we're now about to find out what uh, it we're now about to find out what uh, it we're now about to find out what uh, it looks like to compete in a pseudo free looks like to compete in a pseudo free looks like to compete in a pseudo free market where the government regulates market where the government regulates market where the government regulates the free market to death. And by the the free market to death. And by the the free market to death. And by the way, tells you that ambition is way, tells you that ambition is way, tells you that ambition is terrible, business owners are terrible, terrible, business owners are terrible, terrible, business owners are terrible, and then the government's doing and then the government's doing and then the government's doing everything they can to case shape the everything they can to case shape the everything they can to case shape the economy versus somebody who goes, "All economy versus somebody who goes, "All economy versus somebody who goes, "All right, guys, right, guys, right, guys, we're going to pump a ton of subsidies we're going to pump a ton of subsidies we're going to pump a ton of subsidies into this zone. You've got to compete into this zone. You've got to compete into this zone. You've got to compete with each other, and we'll see what with each other, and we'll see what with each other, and we'll see what wins. But, by the way, we're a dictator, wins. But, by the way, we're a dictator, wins. But, by the way, we're a dictator, so we pick the winners and losers. We'll so we pick the winners and losers. We'll so we pick the winners and losers. We'll see what works." It It's going to be a see what works." It It's going to be a see what works." It It's going to be a real battle between these. China is a real battle between these. China is a real battle between these. China is a worthy adversary. I will say that. worthy adversary. I will say that. worthy adversary. I will say that. They're not going to be easy. They're not going to be easy. They're not going to be easy. Is there something Is there something Is there something What's the US response to this? Cuz The What's the US response to this? Cuz The What's the US response to this? Cuz The real one, or what should it be? What real one, or what should it be? What real one, or what should it be? What should it be? Yeah. should it be? Yeah. should it be? Yeah. >> Okay, so we're not talking as we're >> Okay, so we're not talking as we're >> Okay, so we're not talking as we're talking ought what talking ought what talking ought what ought to be. We should be stripping ought to be. We should be stripping ought to be. We should be stripping regulation basically as fast as we can. regulation basically as fast as we can. regulation basically as fast as we can. Um car companies, whether they're Um car companies, whether they're Um car companies, whether they're gigantic or not, if they don't perform, gigantic or not, if they don't perform, gigantic or not, if they don't perform, they should go. If they can't survive, they should go. If they can't survive, they should go. If they can't survive, then that's game over. Um you do want to then that's game over. Um you do want to then that's game over. Um you do want to keep terrifying China so that we can buy keep terrifying China so that we can buy keep terrifying China so that we can buy ourselves time to re-regulate and ourselves time to re-regulate and ourselves time to re-regulate and actually get back into a competitive actually get back into a competitive actually get back into a competitive posture. The states posture. The states posture. The states I would prefer states stop being morons. I would prefer states stop being morons. I would prefer states stop being morons. Uh but, if they're going to be morons Uh but, if they're going to be morons Uh but, if they're going to be morons like I would just like to remind like I would just like to remind like I would just like to remind everybody that a senator in California everybody that a senator in California everybody that a senator in California literally told Elon Musk to [ __ ] off. literally told Elon Musk to [ __ ] off. literally told Elon Musk to [ __ ] off. Uh and so, he took his Uh and so, he took his Uh and so, he took his uh entire business to Texas. So, I mean, uh entire business to Texas. So, I mean, uh entire business to Texas. So, I mean, [ __ ] around and find out, I guess. At [ __ ] around and find out, I guess. At [ __ ] around and find out, I guess. At least there's somewhere for them to go. least there's somewhere for them to go. least there's somewhere for them to go. And get ourselves in a position where And get ourselves in a position where And get ourselves in a position where culturally we're reminding uh each other culturally we're reminding uh each other culturally we're reminding uh each other that we are the home of innovation. And that we are the home of innovation. And that we are the home of innovation. And here's where this will break bad, and here's where this will break bad, and here's where this will break bad, and people are not going to like this answer people are not going to like this answer people are not going to like this answer at all. at all. at all. Uh first, we need to start educating our Uh first, we need to start educating our Uh first, we need to start educating our youth based around problem-solving and youth based around problem-solving and youth based around problem-solving and not to be a cog in a machine. Uh we need not to be a cog in a machine. Uh we need not to be a cog in a machine. Uh we need to really get back into um gifted to really get back into um gifted to really get back into um gifted programs and making sure that we are programs and making sure that we are programs and making sure that we are finding the absolute best and brightest finding the absolute best and brightest finding the absolute best and brightest in this country and raising them to be in this country and raising them to be in this country and raising them to be [ __ ] intellectual ninjas. Uh we need [ __ ] intellectual ninjas. Uh we need [ __ ] intellectual ninjas. Uh we need to make it so that you can get obscenely to make it so that you can get obscenely to make it so that you can get obscenely wealthy doing something other than wealthy doing something other than wealthy doing something other than financial games. Uh we've been all about financial games. Uh we've been all about financial games. Uh we've been all about financial games because of financial games because of financial games because of globalization. Um so bring manufacturing globalization. Um so bring manufacturing globalization. Um so bring manufacturing back. Create a regulatory environment back. Create a regulatory environment back. Create a regulatory environment where entrepreneurs can thrive and where entrepreneurs can thrive and where entrepreneurs can thrive and out-innovate people and just absolutely out-innovate people and just absolutely out-innovate people and just absolutely decimate the old companies. Get rid of decimate the old companies. Get rid of decimate the old companies. Get rid of all the regulatory capture. And then, all the regulatory capture. And then, all the regulatory capture. And then, this is going to be people's least this is going to be people's least this is going to be people's least favorite part, get an intelligent H-1B favorite part, get an intelligent H-1B favorite part, get an intelligent H-1B program that makes America the home for program that makes America the home for program that makes America the home for the best and the brightest in the world. the best and the brightest in the world. the best and the brightest in the world. Stop being obsessed with letting anybody Stop being obsessed with letting anybody Stop being obsessed with letting anybody in just because we want to be a in just because we want to be a in just because we want to be a humanitarian place and start being No, humanitarian place and start being No, humanitarian place and start being No, no, no. We are the collectors of the no, no. We are the collectors of the no, no. We are the collectors of the best and the brightest. But you you best and the brightest. But you you best and the brightest. But you you can't do that in good conscience if can't do that in good conscience if can't do that in good conscience if you're not raising American kids to be you're not raising American kids to be you're not raising American kids to be the hardest core [ __ ] on planet the hardest core [ __ ] on planet the hardest core [ __ ] on planet Earth. And right now we're trying to Earth. And right now we're trying to Earth. And right now we're trying to derail them at every turn, put derail them at every turn, put derail them at every turn, put participation trophy them, uh not do participation trophy them, uh not do participation trophy them, uh not do gifted programs. And I say this is gifted programs. And I say this is gifted programs. And I say this is somebody who tried to get into a gifted somebody who tried to get into a gifted somebody who tried to get into a gifted program, God bless my mom, and they program, God bless my mom, and they program, God bless my mom, and they wouldn't let me in. So it's like wouldn't let me in. So it's like wouldn't let me in. So it's like I'm not saying it's like the kid that I'm not saying it's like the kid that I'm not saying it's like the kid that got in the gifted program. I got into AP got in the gifted program. I got into AP got in the gifted program. I got into AP later, but like I There was lit- My mom later, but like I There was lit- My mom later, but like I There was lit- My mom worked at the gifted school for grade worked at the gifted school for grade worked at the gifted school for grade schoolers and I couldn't get in. So it's schoolers and I couldn't get in. So it's schoolers and I couldn't get in. So it's like I was not groomed from the time like I was not groomed from the time like I was not groomed from the time that I was a little kid to be that and that I was a little kid to be that and that I was a little kid to be that and I'm still telling you it's a [ __ ] I'm still telling you it's a [ __ ] I'm still telling you it's a [ __ ] great idea. Us sort of middle of the great idea. Us sort of middle of the great idea. Us sort of middle of the pack kids will have to [ __ ] fend for pack kids will have to [ __ ] fend for pack kids will have to [ __ ] fend for ourselves later. But you should be ourselves later. But you should be ourselves later. But you should be trying to find the absolute just the trying to find the absolute just the trying to find the absolute just the best and the brightest and then best and the brightest and then best and the brightest and then fast-track them to um fast-track them to um fast-track them to um be great. Yeah. be great. Yeah. be great. Yeah. Nice. It's a fact on that one. Nice. It's a fact on that one. Nice. It's a fact on that one. Uh next story up, I don't know if you Uh next story up, I don't know if you Uh next story up, I don't know if you heard about this Hunter Peterson guy. heard about this Hunter Peterson guy. heard about this Hunter Peterson guy. No, literally I know nothing about this. No, literally I know nothing about this. No, literally I know nothing about this. He's literally trying to crowd fund He's literally trying to crowd fund He's literally trying to crowd fund Spirit Airlines. He wants to Spirit Airlines. He wants to Spirit Airlines. He wants to bring it back. Here it is. bring it back. Here it is. bring it back. Here it is. Okay, I had a genius idea. Spirit Okay, I had a genius idea. Spirit Okay, I had a genius idea. Spirit Airlines just went bankrupt, right? I'm Airlines just went bankrupt, right? I'm Airlines just went bankrupt, right? I'm the guy that flew Spirit Airlines for 24 the guy that flew Spirit Airlines for 24 the guy that flew Spirit Airlines for 24 hours straight. There's more than 250 hours straight. There's more than 250 hours straight. There's more than 250 million individuals over the age of 18 million individuals over the age of 18 million individuals over the age of 18 in the United States. Now, if we took in the United States. Now, if we took in the United States. Now, if we took only 20% of them and paid basically the only 20% of them and paid basically the only 20% of them and paid basically the average fare of a Spirit Airlines average fare of a Spirit Airlines average fare of a Spirit Airlines flight, which is somewhere around 30 to flight, which is somewhere around 30 to flight, which is somewhere around 30 to 40 dollars, 40 dollars, 40 dollars, we could buy Spirit Airlines. This is a we could buy Spirit Airlines. This is a we could buy Spirit Airlines. This is a genius idea. We nationalize Spirit genius idea. We nationalize Spirit genius idea. We nationalize Spirit Airlines. Oh god. Airlines. Oh god. Airlines. Oh god. >> Airlines gone. We make a new airline. >> Airlines gone. We make a new airline. >> Airlines gone. We make a new airline. Let's buy an airline. I should make a Let's buy an airline. I should make a Let's buy an airline. I should make a demo for this. Okay, I had a genius demo for this. Okay, I had a genius demo for this. Okay, I had a genius >> I hope they do this just so we can see >> I hope they do this just so we can see >> I hope they do this just so we can see how it plays out. Nationalizing the how it plays out. Nationalizing the how it plays out. Nationalizing the airline is an absolutely terrible idea. airline is an absolutely terrible idea. airline is an absolutely terrible idea. An absolutely god-awful terrible idea. An absolutely god-awful terrible idea. An absolutely god-awful terrible idea. They will run it into the [ __ ] They will run it into the [ __ ] They will run it into the [ __ ] ground. However, if you were going to ground. However, if you were going to ground. However, if you were going to try to do it like as a decentralized try to do it like as a decentralized try to do it like as a decentralized airline, but you still hire, my strong airline, but you still hire, my strong airline, but you still hire, my strong advice, a CEO, hey, then it's like we're advice, a CEO, hey, then it's like we're advice, a CEO, hey, then it's like we're They're no longer shareholders. And it's They're no longer shareholders. And it's They're no longer shareholders. And it's like, cool, we're shareholders. We bring like, cool, we're shareholders. We bring like, cool, we're shareholders. We bring a CEO and we basically just crowdsource a CEO and we basically just crowdsource a CEO and we basically just crowdsource the public company. That would be the public company. That would be the public company. That would be brilliant. Uh and I'd love to see how brilliant. Uh and I'd love to see how brilliant. Uh and I'd love to see how that played out. But the impulse to that played out. But the impulse to that played out. But the impulse to nationalize it is so bizarre to me. nationalize it is so bizarre to me. nationalize it is so bizarre to me. Yeah, so that That was the first update. Yeah, so that That was the first update. Yeah, so that That was the first update. Here's the next update. Here's the next update. Here's the next update. >> I'm Hunter Peterson, potential future >> I'm Hunter Peterson, potential future >> I'm Hunter Peterson, potential future CEO of Spirit Airlines. Insane news. Um CEO of Spirit Airlines. Insane news. Um CEO of Spirit Airlines. Insane news. Um okay, I just got off two calls. One with okay, I just got off two calls. One with okay, I just got off two calls. One with one of the largest law firms in the one of the largest law firms in the one of the largest law firms in the world that specialize in mergers and world that specialize in mergers and world that specialize in mergers and acquisitions, aviation, distressed acquisitions, aviation, distressed acquisitions, aviation, distressed assets and debt. And they basically assets and debt. And they basically assets and debt. And they basically said, this is doable. We can do this. I said, this is doable. We can do this. I said, this is doable. We can do this. I also got off uh call with someone that also got off uh call with someone that also got off uh call with someone that represents high net worth individuals represents high net worth individuals represents high net worth individuals who may be interested in just basically who may be interested in just basically who may be interested in just basically giving us some money to just burn to giving us some money to just burn to giving us some money to just burn to figure out the legality of this because figure out the legality of this because figure out the legality of this because in less than a week's time, in less than a week's time, in less than a week's time, they are going to auction off the they are going to auction off the they are going to auction off the operations certificate for Spirit. operations certificate for Spirit. operations certificate for Spirit. We don't have a ton of time. And I need We don't have a ton of time. And I need We don't have a ton of time. And I need to figure out a way not to raise money. to figure out a way not to raise money. to figure out a way not to raise money. I can't take any money from anyone, but I can't take any money from anyone, but I can't take any money from anyone, but I can take on angel investment from high I can take on angel investment from high I can take on angel investment from high net worth individuals. So, Mark Cuban, net worth individuals. So, Mark Cuban, net worth individuals. So, Mark Cuban, what's up, man? Get in my DMs right now what's up, man? Get in my DMs right now what's up, man? Get in my DMs right now or any high net worth individual who's or any high net worth individual who's or any high net worth individual who's like, "Yeah, I got half a million or 3/4 like, "Yeah, I got half a million or 3/4 like, "Yeah, I got half a million or 3/4 of a million dollars to just burn." of a million dollars to just burn." of a million dollars to just burn." You want to burn? You want to burn? You want to burn? You want to try and save this airline? You want to try and save this airline? You want to try and save this airline? Get in my DMs. Let's make this happen. Get in my DMs. Let's make this happen. Get in my DMs. Let's make this happen. And to be so, so clear, if we take on And to be so, so clear, if we take on And to be so, so clear, if we take on this money, they don't count any more this money, they don't count any more this money, they don't count any more voting rights with anyone else. voting rights with anyone else. voting rights with anyone else. So clear. This is the purpose to burn So clear. This is the purpose to burn So clear. This is the purpose to burn money just to prove it can happen. I money just to prove it can happen. I money just to prove it can happen. I will not take a single cent if someone will not take a single cent if someone will not take a single cent if someone wants to wants to wants to in some way, shape or form, put control in some way, shape or form, put control in some way, shape or form, put control over this. No. No, not happening. over this. No. No, not happening. over this. No. No, not happening. Um Um Um if if they do this in a way where if if they do this in a way where if if they do this in a way where they're basically just crowdsourcing a they're basically just crowdsourcing a they're basically just crowdsourcing a public company, if there is legality public company, if there is legality public company, if there is legality around that and they're able to do it around that and they're able to do it around that and they're able to do it and crowdsource it, I think it'd be and crowdsource it, I think it'd be and crowdsource it, I think it'd be incredible. incredible. incredible. Um I don't know what this guy's Um I don't know what this guy's Um I don't know what this guy's background is, so I don't know if he's a background is, so I don't know if he's a background is, so I don't know if he's a wise choice for CEO, but if they really wise choice for CEO, but if they really wise choice for CEO, but if they really took that seriously, that would be an took that seriously, that would be an took that seriously, that would be an incredible precedent I would love to incredible precedent I would love to incredible precedent I would love to see. Now, a lot of people are going to see. Now, a lot of people are going to see. Now, a lot of people are going to lose their money um because this will lose their money um because this will lose their money um because this will catch fire and then a bunch of other catch fire and then a bunch of other catch fire and then a bunch of other people going to do it with dumb [ __ ] people going to do it with dumb [ __ ] people going to do it with dumb [ __ ] that they never should do it, but it is that they never should do it, but it is that they never should do it, but it is I think people should be able to spend I think people should be able to spend I think people should be able to spend their money however they want. And so, their money however they want. And so, their money however they want. And so, if the public wants to get together and if the public wants to get together and if the public wants to get together and we can use social media's ability to we can use social media's ability to we can use social media's ability to rapidly aggregate people and get them to rapidly aggregate people and get them to rapidly aggregate people and get them to do something, do something, do something, let's try it. I I think it's really, let's try it. I I think it's really, let's try it. I I think it's really, really an interesting idea. Now, I'm not really an interesting idea. Now, I'm not really an interesting idea. Now, I'm not a believer that you can run companies in a believer that you can run companies in a believer that you can run companies in a decentralized way, a decentralized way, a decentralized way, um but I think people should be able to um but I think people should be able to um but I think people should be able to run the experiment if they want. And so, run the experiment if they want. And so, run the experiment if they want. And so, we'll see. But if they do this and we'll see. But if they do this and we'll see. But if they do this and again, use traditional structure at the again, use traditional structure at the again, use traditional structure at the top, but basically buy the company with top, but basically buy the company with top, but basically buy the company with crowdsourced uh funding from crowdsourced uh funding from crowdsourced uh funding from individuals, it's a very interesting individuals, it's a very interesting individuals, it's a very interesting idea. Very interesting. And this is idea. Very interesting. And this is idea. Very interesting. And this is where I get um wound up at some of where I get um wound up at some of where I get um wound up at some of the economic rules that are supposedly the economic rules that are supposedly the economic rules that are supposedly designed to keep people from losing designed to keep people from losing designed to keep people from losing their money. their money. their money. Um and the government tells you, "Oh, Um and the government tells you, "Oh, Um and the government tells you, "Oh, you have the money, but we're not going you have the money, but we're not going you have the money, but we're not going to let you spend it on stuff like this. to let you spend it on stuff like this. to let you spend it on stuff like this. Dude, I I get emotionally irrationally Dude, I I get emotionally irrationally Dude, I I get emotionally irrationally triggered. Like, the nanny state thing triggered. Like, the nanny state thing triggered. Like, the nanny state thing really winds me up. If people want to really winds me up. If people want to really winds me up. If people want to try it, try it, try it, let them try it. You'll let them [ __ ] let them try it. You'll let them [ __ ] let them try it. You'll let them [ __ ] gamble. So, if you let them gamble on gamble. So, if you let them gamble on gamble. So, if you let them gamble on that, let them gamble on a company. that, let them gamble on a company. that, let them gamble on a company. Yeah. So, Yeah. So, Yeah. So, yeah, uh man, keep this one top of mind. yeah, uh man, keep this one top of mind. yeah, uh man, keep this one top of mind. I want to see how this plays out. Yeah, I want to see how this plays out. Yeah, I want to see how this plays out. Yeah, it's going to be interesting to kind of it's going to be interesting to kind of it's going to be interesting to kind of track it, but I just like the idea that track it, but I just like the idea that track it, but I just like the idea that we can do it better. Let's stop. Let's we can do it better. Let's stop. Let's we can do it better. Let's stop. Let's we everybody has beef with businesses, we everybody has beef with businesses, we everybody has beef with businesses, everybody has beef with big everybody has beef with big everybody has beef with big corporations. Make an example. Make it corporations. Make an example. Make it corporations. Make an example. Make it better. Do it. Become the example. better. Do it. Become the example. better. Do it. Become the example. Become the example. So, interesting. I'm Become the example. So, interesting. I'm Become the example. So, interesting. I'm reading something totally different. I reading something totally different. I reading something totally different. I doubt that they can do it better. This doubt that they can do it better. This doubt that they can do it better. This guy probably knows nothing about running guy probably knows nothing about running guy probably knows nothing about running a company, and it is far more a company, and it is far more a company, and it is far more complicated than he's thinking. But, the complicated than he's thinking. But, the complicated than he's thinking. But, the idea that, oh, we want we, this large idea that, oh, we want we, this large idea that, oh, we want we, this large collective of people, each with a collective of people, each with a collective of people, each with a hundred bucks or whatever, we want hundred bucks or whatever, we want hundred bucks or whatever, we want Spirit Airlines to exist. And so, we're Spirit Airlines to exist. And so, we're Spirit Airlines to exist. And so, we're all now going to buy those shares out of all now going to buy those shares out of all now going to buy those shares out of uh conservatorship or wherever they're uh conservatorship or wherever they're uh conservatorship or wherever they're at. Um we're going to buy those. The at. Um we're going to buy those. The at. Um we're going to buy those. The company's going to exist. We're going to company's going to exist. We're going to company's going to exist. We're going to exert our voting rights, and we're going exert our voting rights, and we're going exert our voting rights, and we're going to get somebody in a position of power. to get somebody in a position of power. to get somebody in a position of power. That's how the stock market works. And That's how the stock market works. And That's how the stock market works. And so, I want to see more people invested so, I want to see more people invested so, I want to see more people invested in the stock market. If this becomes a in the stock market. If this becomes a in the stock market. If this becomes a way for people to feel like, holy [ __ ] way for people to feel like, holy [ __ ] way for people to feel like, holy [ __ ] like, I'm really an owner in this thing, like, I'm really an owner in this thing, like, I'm really an owner in this thing, uh that'd be incredible. And to see like uh that'd be incredible. And to see like uh that'd be incredible. And to see like influencers rise up that are paying influencers rise up that are paying influencers rise up that are paying attention to distressed assets, to see attention to distressed assets, to see attention to distressed assets, to see an opportunity to do this kind of thing, an opportunity to do this kind of thing, an opportunity to do this kind of thing, would be incredible. Like, if we can get would be incredible. Like, if we can get would be incredible. Like, if we can get some of that web three energy of some of that web three energy of some of that web three energy of everybody wanting to like you know, get everybody wanting to like you know, get everybody wanting to like you know, get together in all these Telegram groups together in all these Telegram groups together in all these Telegram groups and build like all these decentralized and build like all these decentralized and build like all these decentralized movements, let them try. Like, there's movements, let them try. Like, there's movements, let them try. Like, there's something interesting that I saw kick something interesting that I saw kick something interesting that I saw kick off in that period where it was like, off in that period where it was like, off in that period where it was like, that's interesting. Like, you've got a that's interesting. Like, you've got a that's interesting. Like, you've got a lot of these gambler people, lot of these gambler people, lot of these gambler people, and they often times are very and they often times are very and they often times are very financially savvy, even if they're not financially savvy, even if they're not financially savvy, even if they're not business savvy. And they see business savvy. And they see business savvy. And they see opportunities. If they could start opportunities. If they could start opportunities. If they could start surfacing those kind of opportunities, surfacing those kind of opportunities, surfacing those kind of opportunities, get a bunch of people together, buy the get a bunch of people together, buy the get a bunch of people together, buy the stuff, and then see if they can run it. stuff, and then see if they can run it. stuff, and then see if they can run it. Oh, man. Be really fascinating. Really Oh, man. Be really fascinating. Really Oh, man. Be really fascinating. Really fascinating. fascinating. fascinating. Yeah. I'm far more intrigued by that Yeah. I'm far more intrigued by that Yeah. I'm far more intrigued by that than I would have expected at the than I would have expected at the than I would have expected at the beginning. Yeah. Can we see what beginning. Yeah. Can we see what beginning. Yeah. Can we see what happens? happens? happens? >> Be curious to see what happens. And >> Be curious to see what happens. And >> Be curious to see what happens. And lastly, another one you brought up at lastly, another one you brought up at lastly, another one you brought up at the top. An American brought a brand new the top. An American brought a brand new the top. An American brought a brand new printer. She bought the ink for the printer. She bought the ink for the printer. She bought the ink for the printer. She bought the paper for the printer. She bought the paper for the printer. She bought the paper for the printer. Now she's at home and is ready printer. Now she's at home and is ready printer. Now she's at home and is ready to print. She can't print. They remotely to print. She can't print. They remotely to print. She can't print. They remotely shut off my printer until I paid $7.50 shut off my printer until I paid $7.50 shut off my printer until I paid $7.50 to print in my own home, to my own to print in my own home, to my own to print in my own home, to my own printer that I own in my home. printer that I own in my home. printer that I own in my home. >> You got to play this video. It's >> You got to play this video. It's >> You got to play this video. It's hilarious. hilarious. hilarious. >> [laughter] >> [laughter] >> [laughter] >> All right. If you if you at all have >> All right. If you if you at all have >> All right. If you if you at all have access to your phone, take a look at access to your phone, take a look at access to your phone, take a look at this. Okay, listen to me. I just tried this. Okay, listen to me. I just tried this. Okay, listen to me. I just tried to print something for my printer that I to print something for my printer that I to print something for my printer that I own. My printer that I own, with ink own. My printer that I own, with ink own. My printer that I own, with ink that I bought, purchased, and paper. that I bought, purchased, and paper. that I bought, purchased, and paper. And I can't print without a subscription And I can't print without a subscription And I can't print without a subscription plan. plan. plan. The concept of having to have a The concept of having to have a The concept of having to have a subscription plan to print in your own subscription plan to print in your own subscription plan to print in your own home from the printer that you own that home from the printer that you own that home from the printer that you own that already has ink and paper in it. They already has ink and paper in it. They already has ink and paper in it. They remotely remotely remotely shut off my printer until I paid $7.50 shut off my printer until I paid $7.50 shut off my printer until I paid $7.50 to print in my own home. to print in my own home. to print in my own home. To print on my printer that I own in my To print on my printer that I own in my To print on my printer that I own in my home. home. home. >> [laughter] >> [laughter] >> [laughter] >> There's something about what she's doing >> There's something about what she's doing >> There's something about what she's doing that just makes me laugh. that just makes me laugh. that just makes me laugh. >> Okay, so obviously I don't know about >> Okay, so obviously I don't know about >> Okay, so obviously I don't know about the setup. And so if HP was like, the setup. And so if HP was like, the setup. And so if HP was like, "Listen, we give insane discounts on "Listen, we give insane discounts on "Listen, we give insane discounts on this printer specifically because you this printer specifically because you this printer specifically because you must have a monthly fee, then she put must have a monthly fee, then she put must have a monthly fee, then she put herself in a position where that's the herself in a position where that's the herself in a position where that's the deal. That's how you got that printer deal. That's how you got that printer deal. That's how you got that printer for that little. for that little. for that little. Um but this creates a huge opportunity. Um but this creates a huge opportunity. Um but this creates a huge opportunity. This is So, one of the most fascinating This is So, one of the most fascinating This is So, one of the most fascinating things that um I've witnessed in really things that um I've witnessed in really things that um I've witnessed in really diving into the millennial gaming space diving into the millennial gaming space diving into the millennial gaming space >> Mhm. >> Mhm. >> Mhm. is the outrage that they feel over some is the outrage that they feel over some is the outrage that they feel over some of the economic models. Now, the great of the economic models. Now, the great of the economic models. Now, the great irony is it's created this tremendous irony is it's created this tremendous irony is it's created this tremendous opportunity for indie developers, but opportunity for indie developers, but opportunity for indie developers, but they're still like there's some element they're still like there's some element they're still like there's some element of them that just wants to be outraged of them that just wants to be outraged of them that just wants to be outraged by what they're doing. We're going to by what they're doing. We're going to by what they're doing. We're going to see the same thing with this kind of see the same thing with this kind of see the same thing with this kind of stuff. Like the um heat warmers in the stuff. Like the um heat warmers in the stuff. Like the um heat warmers in the car heat warmers in the car. There will car heat warmers in the car. There will car heat warmers in the car. There will be a car company that offers the no be a car company that offers the no be a car company that offers the no monthly fee. You just pay up front like monthly fee. You just pay up front like monthly fee. You just pay up front like we've all done for God knows how long we've all done for God knows how long we've all done for God knows how long for the package that contains a seat for the package that contains a seat for the package that contains a seat heater. And so those options will be heater. And so those options will be heater. And so those options will be there and there will be more and more there and there will be more and more there and there will be more and more opportunities for entrepreneurs that go, opportunities for entrepreneurs that go, opportunities for entrepreneurs that go, oh, they're mad about that, then I'm oh, they're mad about that, then I'm oh, they're mad about that, then I'm going to do the exact opposite. I mean going to do the exact opposite. I mean going to do the exact opposite. I mean literally literally literally uh I think about that all the time with uh I think about that all the time with uh I think about that all the time with Kaizen. What are all the things that Kaizen. What are all the things that Kaizen. What are all the things that people hate? Don't do any of those. Give people hate? Don't do any of those. Give people hate? Don't do any of those. Give people the options that they're telling people the options that they're telling people the options that they're telling you that they want and now how do you you that they want and now how do you you that they want and now how do you compete with the AAA people? By just compete with the AAA people? By just compete with the AAA people? By just doing the very thing that people are doing the very thing that people are doing the very thing that people are screaming from the rooftops that they screaming from the rooftops that they screaming from the rooftops that they hate. So this is always there's always hate. So this is always there's always hate. So this is always there's always going to be this kind of thing where it going to be this kind of thing where it going to be this kind of thing where it creates opportunity for other people. creates opportunity for other people. creates opportunity for other people. You can't allow regulatory capture. You can't allow regulatory capture. You can't allow regulatory capture. That's the big part cuz they can now That's the big part cuz they can now That's the big part cuz they can now Imagine HP is able to be like, oh, well, Imagine HP is able to be like, oh, well, Imagine HP is able to be like, oh, well, you can only make certain kind of you can only make certain kind of you can only make certain kind of printers. You got to like qualify for printers. You got to like qualify for printers. You got to like qualify for these at home safety protocols or these at home safety protocols or these at home safety protocols or whatever. whatever. whatever. Uh and now they're able to corner the Uh and now they're able to corner the Uh and now they're able to corner the market or God forbid it becomes like market or God forbid it becomes like market or God forbid it becomes like another way for people to censor where another way for people to censor where another way for people to censor where it's like it's like it's like Hey government, if you allow us to put Hey government, if you allow us to put Hey government, if you allow us to put these rules in place, we'll work with these rules in place, we'll work with these rules in place, we'll work with you. We'll cooperate on things that you you. We'll cooperate on things that you you. We'll cooperate on things that you think should be allowed to be printed. think should be allowed to be printed. think should be allowed to be printed. And yeah, that kind of thing is far too And yeah, that kind of thing is far too And yeah, that kind of thing is far too real. So assuming that you can avoid real. So assuming that you can avoid real. So assuming that you can avoid regulatory capture, you now put yourself regulatory capture, you now put yourself regulatory capture, you now put yourself in a position where there's real in a position where there's real in a position where there's real opportunity for other entrepreneurs. But opportunity for other entrepreneurs. But opportunity for other entrepreneurs. But that rage, watch it build. It's going to that rage, watch it build. It's going to that rage, watch it build. It's going to keep getting bigger. I I what is the keep getting bigger. I I what is the keep getting bigger. I I what is the company's perspective on this? Like I company's perspective on this? Like I company's perspective on this? Like I don't to me this seems like it doesn't don't to me this seems like it doesn't don't to me this seems like it doesn't make sense. It just Is this just a CFO make sense. It just Is this just a CFO make sense. It just Is this just a CFO like, hey bro, profit margins are bad. I like, hey bro, profit margins are bad. I like, hey bro, profit margins are bad. I need to juice it somehow? Like need to juice it somehow? Like need to juice it somehow? Like >> Not even profit margins are bad. >> Not even profit margins are bad. >> Not even profit margins are bad. [laughter] [laughter] [laughter] Ryan emphatically nods his head. But Ryan emphatically nods his head. But Ryan emphatically nods his head. But like I I'm really trying to understand like I I'm really trying to understand like I I'm really trying to understand like even with the seat warmers in the like even with the seat warmers in the like even with the seat warmers in the car, I'm like I get cuz at least they car, I'm like I get cuz at least they car, I'm like I get cuz at least they tie it to navigation and now navigation tie it to navigation and now navigation tie it to navigation and now navigation is a service and like Ford tried that is a service and like Ford tried that is a service and like Ford tried that like so it was like I could at least like so it was like I could at least like so it was like I could at least like squint my eye, tilt my head and be like squint my eye, tilt my head and be like squint my eye, tilt my head and be like, yes. But like a HP printer like, yes. But like a HP printer like, yes. But like a HP printer subscription like that's like a come on, subscription like that's like a come on, subscription like that's like a come on, bro, in the in the conference room. But bro, in the in the conference room. But bro, in the in the conference room. But somebody was like, yeah, yeah, yeah, somebody was like, yeah, yeah, yeah, somebody was like, yeah, yeah, yeah, let's do it. let's do it. let's do it. Right. And I don't think I've ever seen Right. And I don't think I've ever seen Right. And I don't think I've ever seen you raise your hand on a live. you raise your hand on a live. you raise your hand on a live. [laughter] [laughter] [laughter] I just feel like with Netflix kind of I just feel like with Netflix kind of I just feel like with Netflix kind of okay the subscription mentality. It's okay the subscription mentality. It's okay the subscription mentality. It's this mentality of we want to get them this mentality of we want to get them this mentality of we want to get them through the door and have them keep through the door and have them keep through the door and have them keep paying for our [ __ ] right? And to paying for our [ __ ] right? And to paying for our [ __ ] right? And to me I'm like, what happened to the world me I'm like, what happened to the world me I'm like, what happened to the world where you buy a product once, it is where you buy a product once, it is where you buy a product once, it is yours, and everything that happens to yours, and everything that happens to yours, and everything that happens to it, it's either, okay, I got to get a it, it's either, okay, I got to get a it, it's either, okay, I got to get a brand new one, okay, or maybe you, you brand new one, okay, or maybe you, you brand new one, okay, or maybe you, you know, buy an attachment to fix it. But know, buy an attachment to fix it. But know, buy an attachment to fix it. But no, it's like you buy this printer and no, it's like you buy this printer and no, it's like you buy this printer and now it's almost like you're continuing now it's almost like you're continuing now it's almost like you're continuing to pay off the printer the more you use to pay off the printer the more you use to pay off the printer the more you use it. It's like it's just it's it. It's like it's just it's it. It's like it's just it's subscriptions are total BS. subscriptions are total BS. subscriptions are total BS. I don't know. So, it's interesting to I don't know. So, it's interesting to I don't know. So, it's interesting to see um people respond like that. So, see um people respond like that. So, see um people respond like that. So, I'll give you the business perspective. I'll give you the business perspective. I'll give you the business perspective. The business perspective is not The business perspective is not The business perspective is not necessarily that my margins are bad, but necessarily that my margins are bad, but necessarily that my margins are bad, but my margins could be better. And is there my margins could be better. And is there my margins could be better. And is there a um psychological breaking point where a um psychological breaking point where a um psychological breaking point where I will start losing money by offering I will start losing money by offering I will start losing money by offering this, or will I be able to make more this, or will I be able to make more this, or will I be able to make more money? Now, when you have a large moat money? Now, when you have a large moat money? Now, when you have a large moat then you can go like developing a then you can go like developing a then you can go like developing a printer, let's say that it's hard. I've printer, let's say that it's hard. I've printer, let's say that it's hard. I've not looked at it, maybe it's easier than not looked at it, maybe it's easier than not looked at it, maybe it's easier than I think, but getting the distribution, I think, but getting the distribution, I think, but getting the distribution, the brand awareness, all that's going to the brand awareness, all that's going to the brand awareness, all that's going to be tricky. So, we're HP, people know be tricky. So, we're HP, people know be tricky. So, we're HP, people know they buy printers from us, and you're they buy printers from us, and you're they buy printers from us, and you're looking at like maybe a printer on its looking at like maybe a printer on its looking at like maybe a printer on its own would actually need to be sold for own would actually need to be sold for own would actually need to be sold for $450. $450. $450. But you know, people just won't pay But you know, people just won't pay But you know, people just won't pay that. And so, their expectation is that that. And so, their expectation is that that. And so, their expectation is that a printer is $100 or whatever. So, now a printer is $100 or whatever. So, now a printer is $100 or whatever. So, now you're like, okay, how do I cross that you're like, okay, how do I cross that you're like, okay, how do I cross that chasm? One way is, well, if we get chasm? One way is, well, if we get chasm? One way is, well, if we get people on the ink and we know that the people on the ink and we know that the people on the ink and we know that the lifetime value of a customer is $650, lifetime value of a customer is $650, lifetime value of a customer is $650, now we can subsidize the sale, make our now we can subsidize the sale, make our now we can subsidize the sale, make our money back maybe over 5 years, but we money back maybe over 5 years, but we money back maybe over 5 years, but we make it off the ink. And so, you look make it off the ink. And so, you look make it off the ink. And so, you look like a a corporation, but in reality like a a corporation, but in reality like a a corporation, but in reality there may actually be an underlying there may actually be an underlying there may actually be an underlying thing where people are like, "Well, thing where people are like, "Well, thing where people are like, "Well, yeah, you're right. I'm not willing to yeah, you're right. I'm not willing to yeah, you're right. I'm not willing to pay the $450 up front." Or, K-shaped pay the $450 up front." Or, K-shaped pay the $450 up front." Or, K-shaped economy, "I can't afford the $450 up economy, "I can't afford the $450 up economy, "I can't afford the $450 up front." And so, now the businesses are front." And so, now the businesses are front." And so, now the businesses are like, and they could be sinister. Of like, and they could be sinister. Of like, and they could be sinister. Of course, they could be. But, they could course, they could be. But, they could course, they could be. But, they could also just be like, "Bro, I'm trying to also just be like, "Bro, I'm trying to also just be like, "Bro, I'm trying to solve your [ __ ] problem." And so, I'm solve your [ __ ] problem." And so, I'm solve your [ __ ] problem." And so, I'm going to give you a model, obviously, going to give you a model, obviously, going to give you a model, obviously, where I as a business will win on a long where I as a business will win on a long where I as a business will win on a long enough timeline, but I'm having to take enough timeline, but I'm having to take enough timeline, but I'm having to take the risk of saying, "Instead of making the risk of saying, "Instead of making the risk of saying, "Instead of making my money back on day one, I'm not going my money back on day one, I'm not going my money back on day one, I'm not going to make my money back for 2 years, 3 to make my money back for 2 years, 3 to make my money back for 2 years, 3 years, 4 years, whatever." years, 4 years, whatever." years, 4 years, whatever." I guess my thing comes in the form of I I guess my thing comes in the form of I I guess my thing comes in the form of I understand business perspective on it, understand business perspective on it, understand business perspective on it, but at a certain point, there should be but at a certain point, there should be but at a certain point, there should be a regulation that's like, "We cut off a regulation that's like, "We cut off a regulation that's like, "We cut off the subscription." the subscription." the subscription." >> How dare you? How dare [laughter] you? >> How dare you? How dare [laughter] you? >> How dare you? How dare [laughter] you? You do not want a bunch of [ __ ] You do not want a bunch of [ __ ] You do not want a bunch of [ __ ] politicians that are just trying to get politicians that are just trying to get politicians that are just trying to get reelected to create regulatory capture, reelected to create regulatory capture, reelected to create regulatory capture, because guess who's going to write that because guess who's going to write that because guess who's going to write that regulation. It'll be [ __ ] HP. HP will regulation. It'll be [ __ ] HP. HP will regulation. It'll be [ __ ] HP. HP will write the regulation specifically in a write the regulation specifically in a write the regulation specifically in a way that looks like it's meant to corral way that looks like it's meant to corral way that looks like it's meant to corral them, but it will actually be designed them, but it will actually be designed them, but it will actually be designed to keep the incumbents out. What you to keep the incumbents out. What you to keep the incumbents out. What you want to do is say, "Yep, HP can charge want to do is say, "Yep, HP can charge want to do is say, "Yep, HP can charge you $1,000 a month to print if they you $1,000 a month to print if they you $1,000 a month to print if they want." Why do you want no regulation and want." Why do you want no regulation and want." Why do you want no regulation and you want them to act a fool? Because you want them to act a fool? Because you want them to act a fool? Because then an entrepreneur goes, "Ha ha ha, then an entrepreneur goes, "Ha ha ha, then an entrepreneur goes, "Ha ha ha, [ __ ] these kids. I'm going to make a [ __ ] these kids. I'm going to make a [ __ ] these kids. I'm going to make a printer and I'm just going to be like, printer and I'm just going to be like, printer and I'm just going to be like, you pay for it once and it's yours. You you pay for it once and it's yours. You you pay for it once and it's yours. You pay for the ink once and it's yours." pay for the ink once and it's yours." pay for the ink once and it's yours." And now, everybody flocks to that. I I And now, everybody flocks to that. I I And now, everybody flocks to that. I I This is how the free market is meant to This is how the free market is meant to This is how the free market is meant to work. But, everybody right now is in work. But, everybody right now is in work. But, everybody right now is in such a punitive mode, they want to see such a punitive mode, they want to see such a punitive mode, they want to see these companies slapped around. They these companies slapped around. They these companies slapped around. They don't understand how sophisticated these don't understand how sophisticated these don't understand how sophisticated these companies are. They will not end up companies are. They will not end up companies are. They will not end up getting slapped around. They will end up getting slapped around. They will end up getting slapped around. They will end up writing the legislation and getting writing the legislation and getting writing the legislation and getting control, and they will put everything in control, and they will put everything in control, and they will put everything in their favor. It is a fool's errand. What their favor. It is a fool's errand. What their favor. It is a fool's errand. What you want to do is let people compete, you want to do is let people compete, you want to do is let people compete, trust people to be selfish, because the trust people to be selfish, because the trust people to be selfish, because the entrepreneurs out there, they're trying entrepreneurs out there, they're trying entrepreneurs out there, they're trying to get rich. And so, they're like, "Oh, to get rich. And so, they're like, "Oh, to get rich. And so, they're like, "Oh, I just need to make something that I just need to make something that I just need to make something that people really want to get rich, and I've people really want to get rich, and I've people really want to get rich, and I've got to bleed and sweat and toil and all got to bleed and sweat and toil and all got to bleed and sweat and toil and all that, and find the capital. Oh, cool. that, and find the capital. Oh, cool. that, and find the capital. Oh, cool. But, I've got a shot of like really But, I've got a shot of like really But, I've got a shot of like really winning by doing something cool for winning by doing something cool for winning by doing something cool for people? Yes, you do. [ __ ] sign me up. people? Yes, you do. [ __ ] sign me up. people? Yes, you do. [ __ ] sign me up. And so people run and do it. Like, dude, And so people run and do it. Like, dude, And so people run and do it. Like, dude, I want you to imagine I will never I want you to imagine I will never I want you to imagine I will never forget the look on my wife's face when forget the look on my wife's face when forget the look on my wife's face when on an Easter weekend, which to her is on an Easter weekend, which to her is on an Easter weekend, which to her is almost as big as Christmas, on Easter almost as big as Christmas, on Easter almost as big as Christmas, on Easter weekend I had her in a freezing cold weekend I had her in a freezing cold weekend I had her in a freezing cold warehouse making a hand uh made batch of warehouse making a hand uh made batch of warehouse making a hand uh made batch of protein bars to test a new formulation. protein bars to test a new formulation. protein bars to test a new formulation. And it was like And it was like And it was like we are willing to suffer to do all of we are willing to suffer to do all of we are willing to suffer to do all of this in order to have the upside of this in order to have the upside of this in order to have the upside of doing something no one's ever done, doing something no one's ever done, doing something no one's ever done, building a company that we can be proud building a company that we can be proud building a company that we can be proud of, making a product that people really of, making a product that people really of, making a product that people really want, and getting rich in the process. want, and getting rich in the process. want, and getting rich in the process. And that's what you want to take And that's what you want to take And that's what you want to take advantage. You want to take advantage of advantage. You want to take advantage of advantage. You want to take advantage of all the people that are just like me all the people that are just like me all the people that are just like me that will convince their wife to do it, that will convince their wife to do it, that will convince their wife to do it, that will spend their time doing it, that will spend their time doing it, that will spend their time doing it, that will pour themselves into it, and that will pour themselves into it, and that will pour themselves into it, and somewhere along the way we started somewhere along the way we started somewhere along the way we started thinking that that guy is an [ __ ] thinking that that guy is an [ __ ] thinking that that guy is an [ __ ] and I don't understand. and I don't understand. and I don't understand. So, is one of those things that I'm So, is one of those things that I'm So, is one of those things that I'm hearing is when we see something that we hearing is when we see something that we hearing is when we see something that we don't like that a business is doing, our don't like that a business is doing, our don't like that a business is doing, our response is to Shoot the CEO? not buy response is to Shoot the CEO? not buy response is to Shoot the CEO? not buy the I was going to say start a competing the I was going to say start a competing the I was going to say start a competing company that does the same thing but company that does the same thing but company that does the same thing but just doesn't do the one thing that we just doesn't do the one thing that we just doesn't do the one thing that we don't like about the existing company. don't like about the existing company. don't like about the existing company. >> Yeah, that's exactly how you innovate >> Yeah, that's exactly how you innovate >> Yeah, that's exactly how you innovate and get into a new space, but you have and get into a new space, but you have and get into a new space, but you have to believe that entrepreneurship is the to believe that entrepreneurship is the to believe that entrepreneurship is the engine. You've got to want to encourage engine. You've got to want to encourage engine. You've got to want to encourage that. You've got to tell people that that. You've got to tell people that that. You've got to tell people that that's a great thing. Otherwise, they do that's a great thing. Otherwise, they do that's a great thing. Otherwise, they do exactly what Ryan, who is smart and exactly what Ryan, who is smart and exactly what Ryan, who is smart and well-intentioned and very talented, his well-intentioned and very talented, his well-intentioned and very talented, his immediate reaction was there's got to be immediate reaction was there's got to be immediate reaction was there's got to be a regulation that you can put in place. a regulation that you can put in place. a regulation that you can put in place. And it's like yes, there is a regulation And it's like yes, there is a regulation And it's like yes, there is a regulation that you can put in place, and it will that you can put in place, and it will that you can put in place, and it will look like it's protecting you from HP, look like it's protecting you from HP, look like it's protecting you from HP, but it will really protect HP from all but it will really protect HP from all but it will really protect HP from all the other people that want to come up the other people that want to come up the other people that want to come up and make a printer. and make a printer. and make a printer. So, is it because it's the easiest thing So, is it because it's the easiest thing So, is it because it's the easiest thing to do, or is it just the same To lean on to do, or is it just the same To lean on to do, or is it just the same To lean on regulations? regulations? regulations? >> Yeah. It's because the dominant metaphor >> Yeah. It's because the dominant metaphor >> Yeah. It's because the dominant metaphor that people are working on right now is that people are working on right now is that people are working on right now is that the government is meant to take that the government is meant to take that the government is meant to take care of me. Everything has gone so well care of me. Everything has gone so well care of me. Everything has gone so well since the end of World War II that we since the end of World War II that we since the end of World War II that we are confused, and we now think that that are confused, and we now think that that are confused, and we now think that that our tax dollars belong to the our tax dollars belong to the our tax dollars belong to the government. That's so [ __ ] insane. government. That's so [ __ ] insane. government. That's so [ __ ] insane. That is so insane. Your tax dollars do That is so insane. Your tax dollars do That is so insane. Your tax dollars do not belong to the government. The tax not belong to the government. The tax not belong to the government. The tax dollars that you pay to the government dollars that you pay to the government dollars that you pay to the government is a an agreement that you make with is a an agreement that you make with is a an agreement that you make with them that says, "Hey listen, if you're them that says, "Hey listen, if you're them that says, "Hey listen, if you're making this a better place, I'll pay my making this a better place, I'll pay my making this a better place, I'll pay my taxes. If you don't, [ __ ] you. I roll up taxes. If you don't, [ __ ] you. I roll up taxes. If you don't, [ __ ] you. I roll up with guns." Bro, that is why you have with guns." Bro, that is why you have with guns." Bro, that is why you have the second amendment. But that's not how the second amendment. But that's not how the second amendment. But that's not how people think right now. The way that people think right now. The way that people think right now. The way that people think right now is "Bitch, you people think right now is "Bitch, you people think right now is "Bitch, you better pay all that money." And they better pay all that money." And they better pay all that money." And they don't understand, meaning you the don't understand, meaning you the don't understand, meaning you the corporations, you greedy [ __ ] corporations, you greedy [ __ ] corporations, you greedy [ __ ] billionaires, you better start paying so billionaires, you better start paying so billionaires, you better start paying so that I can [ __ ] get all my stuff as that I can [ __ ] get all my stuff as that I can [ __ ] get all my stuff as cheap or free as possible. And they cheap or free as possible. And they cheap or free as possible. And they don't realize the reason you can't don't realize the reason you can't don't realize the reason you can't afford things is because of the [ __ ] afford things is because of the [ __ ] afford things is because of the [ __ ] government. It is not because of government. It is not because of government. It is not because of business owners. It's not. It's not business owners. It's not. It's not business owners. It's not. It's not because of business owners. Because the because of business owners. Because the because of business owners. Because the second a business owner tries to gouge second a business owner tries to gouge second a business owner tries to gouge you, an entrepreneur comes along and you, an entrepreneur comes along and you, an entrepreneur comes along and goes, "Oh, I can get rich by proving goes, "Oh, I can get rich by proving goes, "Oh, I can get rich by proving that this guy's an [ __ ] Fantastic. that this guy's an [ __ ] Fantastic. that this guy's an [ __ ] Fantastic. I'm going to prove this guy's an I'm going to prove this guy's an I'm going to prove this guy's an asshole." asshole." asshole." That's how it's supposed to work. We'll That's how it's supposed to work. We'll That's how it's supposed to work. We'll see how much how much how many printer see how much how much how many printer see how much how much how many printer companies and car companies will companies and car companies will companies and car companies will >> Zero, because I'm sure there are all >> Zero, because I'm sure there are all >> Zero, because I'm sure there are all kinds of regulations that are going to kinds of regulations that are going to kinds of regulations that are going to stop them from doing it. That's the stop them from doing it. That's the stop them from doing it. That's the crazy part. That's the crazy part. But crazy part. That's the crazy part. But crazy part. That's the crazy part. But if you start deregulating, then of if you start deregulating, then of if you start deregulating, then of course course course We shall see. We shall see. That's all I We shall see. We shall see. That's all I We shall see. We shall see. That's all I got. We're We're at time. got. We're We're at time. got. We're We're at time. >> All right. Wow, we're way over time. >> All right. Wow, we're way over time. >> All right. Wow, we're way over time. Super chats. Oh, snap. Yep, they're Super chats. Oh, snap. Yep, they're Super chats. Oh, snap. Yep, they're quick. Uh Work Hard says, "You guys are quick. Uh Work Hard says, "You guys are quick. Uh Work Hard says, "You guys are still rocking it. Keep on keeping on." still rocking it. Keep on keeping on." still rocking it. Keep on keeping on." Thank you. I appreciate Hold on, we got Thank you. I appreciate Hold on, we got Thank you. I appreciate Hold on, we got to honor that. That person just to honor that. That person just to honor that. That person just [laughter] paid money to just say a nice [laughter] paid money to just say a nice [laughter] paid money to just say a nice thing. So, Work Hard, shout out to you. thing. So, Work Hard, shout out to you. thing. So, Work Hard, shout out to you. Thank you. Uh really appreciate that. Thank you. Uh really appreciate that. Thank you. Uh really appreciate that. Thank you. Thank you. Uh Iron Wolf Thank you. Thank you. Uh Iron Wolf Thank you. Thank you. Uh Iron Wolf Interactive Games says, "I appreciate Interactive Games says, "I appreciate Interactive Games says, "I appreciate the conversations on the show. You guys the conversations on the show. You guys the conversations on the show. You guys push and pull against each other on push and pull against each other on push and pull against each other on topics, and it's good to see both sides topics, and it's good to see both sides topics, and it's good to see both sides of these relevant arguments." I of these relevant arguments." I of these relevant arguments." I appreciate that, man. By the way, I appreciate that, man. By the way, I appreciate that, man. By the way, I checked my DMs for you. I didn't see checked my DMs for you. I didn't see checked my DMs for you. I didn't see anything. Dang, Iron Wolf. anything. Dang, Iron Wolf. anything. Dang, Iron Wolf. >> missed it. Dang. It's like that. >> missed it. Dang. It's like that. >> missed it. Dang. It's like that. >> [laughter] >> [laughter] >> [laughter] >> But I hope your game is going well. All >> But I hope your game is going well. All >> But I hope your game is going well. All right. Is that it? Yes, that is it. right. Is that it? Yes, that is it. right. Is that it? Yes, that is it. >> Guys, we love you and please remember >> Guys, we love you and please remember >> Guys, we love you and please remember that we have a Zero to Founder AI that we have a Zero to Founder AI that we have a Zero to Founder AI Masterclass this Thursday, May 7th. This Masterclass this Thursday, May 7th. This Masterclass this Thursday, May 7th. This Thursday, tomorrow at 1:00 p.m. Pacific Thursday, tomorrow at 1:00 p.m. Pacific Thursday, tomorrow at 1:00 p.m. Pacific time. I'm going to teach you guys for time. I'm going to teach you guys for time. I'm going to teach you guys for free how to build a company using AI. free how to build a company using AI. free how to build a company using AI. You do not want to miss this Masterclass You do not want to miss this Masterclass You do not want to miss this Masterclass if you at at all thinking about starting if you at at all thinking about starting if you at at all thinking about starting a company. It will help you a company. It will help you a company. It will help you tremendously. It is free and it is tremendously. It is free and it is tremendously. It is free and it is tomorrow, Thursday, May 7th at 1:00 p.m. tomorrow, Thursday, May 7th at 1:00 p.m. tomorrow, Thursday, May 7th at 1:00 p.m. Pacific. All right, I hope to see you Pacific. All right, I hope to see you Pacific. All right, I hope to see you there and I'll see all of you on Friday. there and I'll see all of you on Friday. there and I'll see all of you on Friday. Peace.