00:00:00.000With thousands more ground forces heading to the Gulf, President Trump signals the fighting could
00:00:04.860soon be over. Quoting from his social media post from late today, we are getting very close to
00:00:09.640meeting our objectives as we consider winding down our great military efforts in the Middle East
00:00:14.300with respect to the terrorist regime of Iran. The Hormuz Strait, he adds, will have to be guarded
00:00:20.420and policed as necessary by other nations who use it. The United States does not. He finishes by
00:00:26.320saying, if asked, we will help these countries in their Hormuz efforts, but it shouldn't be
00:00:31.200necessary once Iran's threat is eradicated. Importantly, it will be an easy military operation
00:00:36.280for them. In short, getting out and leaving American allies to fend for themselves. As
00:00:41.120for the declaring victory part, he did that as well today.
00:00:46.140Oh, I think we've won. We've knocked out their Navy, their Air Force. We've knocked out their
00:00:50.640anti-aircraft. We've knocked out everything. We're roaming free. From a military standpoint,
00:00:56.100all they're doing is clogging up the strait. But from a military standpoint, they're finished.
00:01:03.120Okay, but a lot of sources in the intelligence community and the administration tell us that
00:01:07.400unclogging the strait is a problem without a clear solution, one that a recent intelligence
00:01:12.440assessment determined could drag on for as long as six months. Now, a Pentagon spokesman dismissed
00:01:17.160that notion, though, telling CNN, quote, one assessment does not mean the assessment is
00:01:21.420plausible and it's dangerous for the media to cherry pick the worst case scenario to scare
00:01:26.040the American people. Still, it is hard to find anyone with any experience in the region saying
00:01:31.620that safeguarding the strait will be, as the president just put it, an easy military operation
00:01:36.160or that it will open itself, which he also said today. I want to ask you this. There have been a
00:01:41.420lot of lies. First of all, we're now, we haven't even, as of this hour, this Friday night, we
00:01:48.000haven't entered the third week of this conflict. In terms of intelligence, military display of
00:01:54.060power, there's never been anything like this in the history of warfare, ever. And yet people
00:02:00.740making proclamations, oh, Donald Trump listened to Israel and to Bibi and to people like you and
00:02:06.780to people like me, they don't know Donald Trump if they're making idiotic statements like that.
00:02:11.860But here's fundamentally what it came down to for me. Steve Whitcoff meets the president wants a
00:02:17.860deal. The president wants peace. They rejected it. They're clinging to their nuclear ambition.
00:02:23.540And here is the option. Either we learn the lessons of history in the last hundred years
00:02:29.400where over 100 million human souls died, and we preempt a raging Islamic fascist regime now
00:02:41.100before potentially millions can get killed, or we hand that off to our children and grandchildren.
00:02:47.220Not an option for me. I don't think it's an option for you. I know it's not.
00:02:51.080And it certainly wasn't an option for Donald Trump.
00:02:53.180And he made that calculation after Steve Witkoff told them that in 10 days they'd have enough weapons-grade enriched uranium for 11 bombs.
00:03:03.580On day 22 of combat operations, U.S. forces continued to take bold action and remain on plan to eliminate Iran's ability to project meaningful power outside its borders.
00:03:14.900Just two days ago, the U.S. Army launched the longest field artillery strike in Army combat history using precision strike missiles.
00:03:23.180The strike took out Iranian military infrastructure, demonstrating the U.S. military's unmatched reach and lethality.
00:03:30.600Iran has lost significant combat capability over the last three weeks.
00:03:35.080We are taking out thousands of Iranian missiles, advanced attack drones, and all of Iran's Navy, which they use to harass international shipping.
00:03:43.960Their Navy is not sailing, their tactical fighters are not flying, and they've lost
00:03:49.080the ability to launch missiles and drones at the high rates seen at the beginning of
00:04:32.600So far, we've struck over 8,000 military targets, including 130 Iranian vessels,
00:04:38.460constituting the largest elimination of a navy over a three-week period since World War II.
00:04:43.900You heard the president saying that the war could end right now,
00:04:46.960but that further airstrikes would mean Iran could never rebuild militarily.
00:04:51.220Where do you see things right now today?
00:04:53.360Sure. Well, first, I would want to say that the very early mission accomplished,
00:04:57.000we could end the war. That sounds quite familiar to a lot of Americans right now.
00:05:00.580I think I hate to say it, but I think that we have gotten ourselves into a scenario where we may need boots on the ground.
00:05:08.560And the reason I say that is because you can't launch an all air campaign with just airstrikes without actually having a presence in country.
00:05:15.560So think about what we did. Even if you're not trying to go for regime change.
00:05:20.220Correct. Even if you're not trying. I don't think you can do it at all.
00:05:22.820I think that it's very disruptive to the country in general, because think about this.
00:05:26.360from the perspective of the civilian populace in country. They're just seeing buildings getting
00:05:31.220destroyed. And I have no doubt that CENTCOM is getting really good targets, and it looks like
00:05:34.860we are hitting the targets that we want. But we're also hitting targets that are creating
00:05:38.300serious civilian casualties. And so if you don't have boots on the ground actually monitoring what's
00:05:43.180going on in country, that can spiral out of control very quickly. And if you want to compare it to
00:05:48.240Iraq in 2003, where we saw an insurgency emerge, the scenario there is not even comparable to what
00:05:56.320we're dealing with here. Iraq is about half the size of Iran. And in 2003, Iraq, and later in
00:06:01.6402014, when we went back to try to weed out the Islamic State, we had a multi-country coalition
00:06:10.640in-country with us, fighting alongside us, and actual boots on the ground. We also had
00:06:15.360State Department resources, USAID, NGOs. We had groups there doing building, doing reconstruction.
00:06:21.200By contrast, right now on the ground in Iran, all there is is destruction and there is no functional government.
00:06:28.160We are making sure that there is no functional government to help people rebuild.
00:06:31.480And so that leaves civilians with the question of who is helping us? Who are the good guys here?
00:06:36.600Could we actually see then American boots on the ground going deep into the tunnels?
00:06:41.880I mean, on the second question, if they really decide they want to go in and secure that HEU, I don't think there's any other way.
00:07:16.960I think grabbing Maduro was probably easier than sending people down to grab, essentially,
00:07:23.200I guess the ATU was held in bins, basically, big bins.
00:07:28.620I don't think that's the dangerous part.
00:07:30.160I think the dangerous part is what type of resistance, because you can imagine the IRGC
00:07:35.280is reading our press and knows this could be an operation, so they probably both fortified
00:07:41.140it, probably booby-trapped it, and they'd be waiting, so that would be a very dangerous part.
00:07:46.260Here's the bottom line for me. For 47 years, these bastards have been killing Americans, threatening us. And finally, we have a president who's done something about it. You had appeasers in Obama, actually worse. They were funding the enemy. Same with Biden. You have scores and scores of violations of these phony agreements. They're within a whisker of having nuclear weapons yet again. They certainly have the nuclear material.
00:08:10.500I don't understand the opposition. They're ideological or they're grifters or they're
00:08:15.960Democrats or whatever they are. If we're not going to preemptively, because of an imminent threat
00:08:22.260that's quite obvious, take out an enemy like this, then when would we? When would we? The reality
00:08:28.640here is that essentially during Defense Secretary Haig's press conferences or even during the
00:08:33.960president's interviews, they make war sound easy, that air power alone is going to, you know,
00:08:39.960topple the Iranian government or prevent Iran from ever getting a nuclear bomb.
00:08:44.760Those goals, particularly the one about the nuclear bomb, cannot be achieved without American boots on the ground.
00:08:50.060And as we talked about earlier, you might need American boots just to open the Strait of Hormuz.
00:08:54.720And so this idea of sort of, and I hate to say, waging war on the cheap, I mean, that makes it politically palatable.
00:09:01.000Our air power and our air force is extraordinary, but you're not going to be able to remove.
00:09:05.720It's this thousand pounds of uranium that isn't enriched to a level where it can be made a bomb.
00:09:10.760And this is this other problem. Just yesterday, Prime Minister Netanyahu of Israel said that Iran doesn't have the ability to enrich that uranium now to a higher level.
00:09:20.040It looks like the strikes have destroyed the centrifuges they need to.
00:09:23.400So that uranium is not the threat Trump is claiming.
00:09:27.260And then if he does think it's an existential threat, he's going to send Americans in.
00:12:29.360We're going to talk about oil markets, impact on the world economy, how we go forward.
00:12:34.020President Trump pretty blunt yesterday saying, hey, when I talk to my military leaders, I think we've I think we've accomplished what we set out to accomplish militarily.
00:12:44.100And if you want to keep the Strait of Hormuz open and oil coming and gas coming from the LNG, coming from the Persian Gulf, the Allies, the Arabs, Asians, and particularly NATO are going to have to step up here.
00:12:59.640Keep the Red Sea and the Strait of Hormuz open.
00:13:04.180I think Tel Aviv Levin has now become the new Baghdad, Bob.
00:13:07.560i think he makes the case more and more every day of why this has to be uh reviewed and reviewed in
00:13:14.420depth and it's not right now the imminent threat there will be plenty of time for that later
00:13:18.560what we have to review and we'll get into this in the show and i'll do even a deeper dive tomorrow
00:13:24.120is now it's become evident that 17 percent of the capacity of the qatar uh gas field the one
00:13:31.240they have in joint ownership uh with the uh they have joint ownership with the iranians but they
00:13:36.500actually i think run run it um 17 of the capacity uh has been uh has been destroyed and they are
00:13:44.960talking about force majeure and five-year contracts virtually all of them i think in uh in uh in
00:13:50.740europe uh how that happened how once again uh two big inflection point the two i think biggest
00:13:58.080inflection points have come during the military operation was the bombing of the oil facilities
00:14:03.160in Tehran a couple of Saturday nights ago, I think two weeks ago,
00:14:07.940against a specific standing order from the commander-in-chief of the United States,
00:16:46.060and of course the fog of war it's hard to kind of make sense of this i'm very proud of this show
00:16:51.760we've shown so many different angles to this by the way rabbi willicky uh will join us uh tomorrow
00:16:57.700on the sunday show also ben harnwell from rome the pope has got something to say about this we're
00:17:01.900gonna break all of that down plus a military update captain finnell centcom put out another
00:17:07.040video i i actually wish that the centcom would not put out videos i would like to see emerald
00:17:13.300cooper just do what uh general kane does because i'll be blunt i think general kane and and amber
00:17:21.320cooper in the situation we're in for the military operation part of it just do an incredible job and
00:17:27.060i would like to see more of it and i would like to see more of it live and even have admiral cooper
00:17:30.440take a couple of three questions from media but that's we're just putting that out there captain
00:17:34.640finnell your assessment you've been pretty good at walking through bang bang bang here's what
00:17:38.740they're attempting to do. Here's what actually they're doing. And here's the results of it.
00:17:44.440Your thoughts, sir? Well, Steve, I'd like to start off with Admiral Cooper's final statement
00:17:51.240in that video he put out here a couple hours ago. He said he gave the force, the 50,000 plus
00:17:56.300American service members, three direct, three guidances, pieces of guidance. The first was to
00:18:02.820be relentlessly lethal. And I think we'll talk about the lethal part. Then he said, be a good
00:18:08.540shipmate, be a good partner, teammate. And then the last thing he said is steady your resolve.
00:18:15.420And so when I listen to the cold open, I see a lot of folks that are civilians, a lot of folks
00:18:20.640that seem to be losing their resolve. So when I just put that out there to say,
00:18:28.180let's not lose our resolve and let's focus in on what's happening. And what's happening is,
00:18:33.180is that, as the Admiral said, we've conducted over 8,000 sorties and we've struck over 8,500 targets
00:18:40.140and we're relentlessly pursuing the Iranians' capability to project meaningful power outside
00:18:47.400of their borders. Now, there's been some exceptions, but he said we're steadily making
00:18:52.200progress there and the Iranians' ability to do that is declining. And empirically, we can see
00:18:57.920that. For instance, in the ballistic missile launches, they have gone down. They're not
00:19:03.160eliminated, but they have gone down dramatically in the first 21 days of this conflict, the first
00:19:08.760three weeks. Now, we did see last night, Iranians launched two intermediate range ballistic missiles,
00:19:17.920the Khor Ramshar IV, a ballistic missile towards Diego Garcia. One of the missiles broke up,
00:19:24.300malfunction in flight. The second one was engaged and shot down by a U.S. Navy Aegis destroyer with
00:19:30.580the standard missile three, and it shot that missile down. So, yep, that's a concern. That'll
00:19:38.860probably be taking, you know, more attention now about where did that come from and where did they,
00:19:43.660how did they get out and have the ability to do that. The missile itself, you know, with some
00:19:49.900estimates that most of the IC's estimates in the public domain said that the Iranians didn't have
00:19:55.660anything over or just around 4,000 kilometers. Diego Garcia is just about 4,000 kilometers from
00:20:02.620Iran. And this missile that was engaged and shot down, it was only previously seen to fly
00:20:12.1202,000 to 3,000 kilometers. So this has gone well beyond what the assessments were. So a little bit
00:20:17.860of us, you know, they're taking a last-ditch effort. It looked to me like it was a Hail Mary.
00:20:23.700Let's see if we can strike Diego Garcia. And it's not going to work because of our ability to shoot
00:20:28.820down and the fact that we've thought ahead and we've put Aegis, SM-3, Integrated Air and Missile
00:20:34.800Defense warships that protect Diego and our other locations. And oh, by the way, the Iranians still
00:20:40.840obviously have some cognizance because they did this strike right after Prime Minister Starmer
00:20:47.080of the United Kingdom announced that he was going to let the US use RAF Fairford in the UK
00:20:52.640and Diego to launch attacks into Iran. So they're still fighting, but their ability to be hurtful
00:21:00.340is being diminished. Another area that we can assess is in the Strait of Hormuz. Admiral Cooper
00:21:05.420mentioned that we dropped multiple 5,000-pound bombs. Those are the GBU-72s. They're 5,000 pounds
00:21:14.340that can penetrate 150 feet, 50 meters. And we dropped several of those. It's the first time
00:21:21.440those have ever been used in combat. And they're going for these hardened artillery sites, these
00:21:26.260underground storage bunkers and underground missile launchers for anti-ship cruise missiles
00:21:31.680and mines and anything else that could affect the strait. And when you, again, look at the
00:21:36.540statistics and you go to the UK's Maritime Trade Office and their Joint Maritime Information
00:21:41.880Center update from last night, we're now still have not had any vessel attacks in the Strait of
00:21:48.840Hormuz for well over a week. There's been a couple of incidents on the north or south side of the
00:21:53.660Strait, but those have been drones and no ship was actually hit, just some debris fell on them.
00:21:58.380So the Iranians are not successfully attacking ships. Now ships are, you know, what we see from
00:22:05.760AIS, only one ship transited yesterday, but there's dark fleet ships that are going through still.
00:22:11.340and there's no, the UK's MTO also says there's no evidence of mines in the Strait of Hormuz. So
00:22:18.540there is an effect there. The fact that there's no mines have been detected, the fact that there's
00:22:23.640no ships that have been struck inside the Strait of Hormuz for days now, many days, for over a week
00:22:28.620shows that we're having an impact. So what I think, I get back to what Admiral Cooper said,
00:22:33.900steady our resolve. This campaign is working, and it's working significantly to reduce the ability
00:22:41.820of the Iranians to have any coordinated, devastating impact on us. Now, they're going
00:22:48.660to be able to pop off a missile here and there, like you talked about with some of the oil
00:22:53.320refineries, but I think we're in a position now where we've just got to keep grinding on. And so
00:22:57.860when I hear army officers on CNN and other places say that air power cannot work, well, it can work
00:23:04.620because if the goal is to make sure that the Iranian regime is declawed and doesn't have the
00:23:10.220ability to send out missiles and mines and ships and aircraft and those kinds of platforms that
00:23:16.600can be devastating, we are achieving that. The other objectives about regime change and things
00:23:21.680of that nature. I'm not sure the president's there on that. Right now, we're taking the
00:23:26.840gun away from the Iranian regime. Let's go back to that. And I agree with you with what
00:23:36.380CENTCOM and even the joint staff under General Cain have. But we did for the first four or five
00:23:42.440days of this war, because Admiral Cooper is very specific. The ability to project power
00:23:47.700in the region or against people in the region particularly the gulf arab states in israel
00:23:54.060that's a change though from the first remember first couple of days we we we follow this
00:23:59.240quite closely um it was about an uprising in the streets it was about power projection not
00:24:06.440just in the region but power projection against their own people that has been noticeably
00:24:10.100that that objective which kind of got inserted in there after the first couple days
00:24:15.120is noticeably missing there is no uprising in the streets i think when people also talk about
00:24:21.660uh it was only netanyahu who the other day said uh you can't do this by bombing you have to put
00:24:30.520troops in if you want to bring the regime down that was his now uh i think his foreign minister
00:24:36.360defense minister walked back and said that uprising those boots on the ground have to be
00:24:40.420the Iranian people. But when people talk about boots on the ground now, I mean, it's the joint
00:24:47.040staff and CENTCOM, I'm sure under the direction of the president, that has the Tripoli coming from
00:24:53.920Japan with, what, 2,500 Marines and the Boxer coming from San Diego with 2,200 Marines to head
00:25:02.580to the North Arabian Sea to add a capacity and a capability, not only to be used, to actually have
00:25:09.600some sort of amphibious assault or something upon karg island and even the uh littoral the the
00:25:18.120actual shores around hormuz where they did this massive bombing i mean that's a potential so and
00:25:24.800now they're talking about potentially and this has been netanyahu has talked about this and
00:25:29.200people in the administration have leaked to the press about the possibility if you're going to
00:25:34.580really uh make sure that you have 110 percent probability that they can't get nuclear again
00:25:41.660you gotta get the material that somehow that'd be a command or special forces raid
00:25:45.440your assessment of that because this is the the war as defined by CENTCOM and their military
00:25:52.220objectives you're defanging declawing I don't think there's any doubt as we've had you on and
00:25:57.560gone through now for what 22 days or however many days we've been at this uh I think is going
00:26:04.240as you said just right down very methodically and people should understand as Pete Hegs has
00:26:09.800tells us every day is more intense than the day before I think he talked about what 10,000 uh
00:26:16.9008,000 combat sorties already uh so it's intense but these other aspects of it are because of the
00:26:23.420kind of the expansion of the war away from just the declawing and defanging captain
00:26:29.060Well, I think the movement of the two mews out of Japan and out of San Diego and the boxer out of San Diego, I think that is, you know, they have a thing called the tip, the time phased force movement process that the military has in their war plans.
00:26:47.220And so we were probably at a point in this process where if certain things didn't get resolved, if certain actions didn't happen, then there was a plan that said, okay, trip these groups, these MEWS, to start moving towards the West so that we can have that option to use them in some capacity.
00:27:06.420Now, what capacity is the real question. And my sense is, is given the tit for tat that's been going on against these oil fields and what Iran did against Qatar, I think the president's probably concerned that the Iranians in the last desperation, like they did with these intermediate range ballistic missiles towards Diego Garcia, may be thinking we're going down, we're going to we're going to take out Karg Island and we're going to screw up the world's economy.
00:27:33.040And so the president may have decided that it's time to make sure that we secure Karg Island and that put in, you know, Patriot and other interceptor systems there to protect it from the Iranians destroying it.
00:27:45.860That's how I think if we're going to have any kind of action there, it would be that way.
00:27:50.460And a MU is what they call a MU SOG, Special Operations Capable.
00:27:54.480So they'll be the kind of people that will know how to look for unexploded ordnance, mines, booby traps, things of that nature.
00:28:01.320But the goal would be to protect the oil and make sure that Iran cannot destroy the world's global oil supply.
00:29:57.280These updates are great. Real quickly, Chrome moves. Tanker Wars, 87, 88. Lessons learned. We only get a couple of minutes, but some of the allies, I think, are actually stepping up and hearing President Trump.
00:30:11.660But for the Navy to take this on and keep it clear, your thoughts, because this is the question everybody's asking, particularly in global capital markets, sir.
00:30:22.120Yeah, Steve, I think, you know, while we discuss, you know, before the war started,
00:30:28.200my concerns about the size of the U.S. Navy and the lack of ships, I think that with the two carrier
00:30:34.780strike groups that are out there, the Ford and the Lincoln, the French carrier that's out there
00:30:40.080with its assorted escorts, we have ships right now that could start an escorting process. The
00:30:45.500reason that we're not starting this is because the commander at CENTCOM is not convinced that
00:30:50.140He has eliminated the threat in and around the Strait of Hormuz, and they're going to keep bombing and keep taking out all those resources until they have that confidence, and then they can come in and start doing this.
00:31:01.320And I think when you add in now that just got revealed in the last 24 hours that the U.K., Germany, Italy, France, and Japan, and it was really, give the credit to Prime Minister Takeichi for breaking the logjam and showing these Europeans that our closest ally right now is Japan.
00:31:18.040And so by her doing that, I think it unlocked the people to say, okay, we're going to help.
00:31:22.640So add in, you know, a dozen or so ships from those nations, and you develop a system.
00:31:29.320And, oh, by the way, as Admiral Donegan, the former commander of Fifth Fleet and Absence said last Sunday on television, on ABC,
00:31:37.180he said, in February, we had just practiced, 30 nations had practiced doing these kind of escort operations.
00:32:11.600It's just a matter of making sure that we, you just don't walk in and, you know, let the guy have, you know, anti-ship cruise missiles and start shooting at you.
00:32:19.580You want to do everything in your power to eliminate all of that.
00:32:41.600we keep the main thing the main thing we'll have you back on to talk about that what's going on
00:32:46.800with the chinese communist party as they view this captain finnell thank you on a saturday kick us
00:32:51.080off eric bowling eric bowling sir the world is hanging right now focused on focused on the oil
00:33:02.120and gas market straight or her moves but particularly now that it's been fully developed
00:33:06.140But this Americans ought to be outraged at this, that 17 percent of the capacity of liquefied natural gas coming from that from that joint Qatar Iranian oil field.
00:33:17.040And to have Captain Fennell right there say, hey, it could be God of Damarong with the Iranians, the Persians to take it all down around them.
00:33:26.460If they feel they're going to get wiped out and they're kind of messianic, you know, occultish Mahdi, 12th Iman or 13th Iman, whoever it is, why not take it all down around you?
00:40:41.880I'm very skeptical that all these Middle Eastern Arab countries aren't actually winking a nod, maybe even communicating with Tehran or whoever's running the show, the IRGC, and said, just let us know before you can bomb that refinery or let us know before you can bomb that oil platform so that we'll remove our people.
00:45:40.540one printed edition if you want it. Graphics are amazing.
00:45:44.320team did a great job you can understand the direction of particularly with things like i
00:45:50.020don't know 200 billion dollar price tag at least initial price tag for this war uh on top of the
00:45:54.8201.2 trillion dollar um debt we already have wharton school analysis do something about budget
00:46:02.620i'm trying to get him up on the show trying to find time he came up with analysis it's 100
00:46:06.900trillion in debt not even contingent liabilities he actually has worked it through he said it's
00:46:11.440100 trillion of debt he may be closer to the facts what did someone uh who was on the show yesterday
00:46:16.840said getting close to a three trillion dollar deficit we've had that deficit coming down you
00:46:20.820know scott bessons wants to get to three percent of gdp all of that into the dollar empire find out
00:46:27.260about it today talk to philip patrick in the team particularly gold as a hedge in the turbulence of
00:46:32.240capital markets gold had its worst week in 43 years what does that mean what does it mean for
00:46:37.940you go check it out we're gonna get philip back up here on monday talking all through
00:46:42.160winton hall we're next hour because we're just not going to be maniacally focused on uh on this
00:46:48.940war although president trump as we said back in the summer when he had a carry battle group down
00:46:53.580there outside the red sea on the gate of tears that straight is actually tougher than hormuz
00:47:00.020by a long shot that one goes in the red sea and up to suez uh which is 100 to the europeans we
00:47:05.660the carry battle group and the hutis look they're ornery they're tough hombres they were given as
00:47:11.180good as they got then right uh it's a european problem we said at the time in european in china
00:47:17.300and japan or moves that's your deal not our deal we're all good of course it affects the global
00:47:23.380economy and that impacts us but we're all good so i think president trump he was pretty adamant on
00:47:28.960the on the on the lawn getting ready to go to mar-a-lago yesterday saying hey look i took care
00:47:33.260i took care i took the nuclear capability sank the navy blew up their air force did all of this
00:47:37.880you guys have really pitched in in fact you've been kind of hemming and hawing time to step up
00:47:42.640that's president trump putting as we say in the navy a shot across the bow
00:47:47.740on uh with two main things one of the chinese communist parties the existential threat the
00:47:53.380other is artificial intelligence and hurtling towards the singularity uh code red is the book
00:47:58.760that you need to get up to speed on what this really means politics and for your kids look
00:48:03.580the jobs apocalypse you know pal came out the other day and had pretty shocking news and we're
00:48:07.480going to get ej and tony up next week he's been traveling around he gave a big interview to the
00:48:12.540financial times about the economy but it was kind of a shocker uh went and because i think it gets
00:48:17.500the heart of this ai situation and people got to remember when they see these announcers big layoffs
00:48:21.860if they don't say it's related to ai it is all related to ai okay the cutting staff etc so code
00:48:28.180grid gets into this and particularly the crisis we're going to face on job creation and particularly
00:48:34.660high value added job creation that people can really build a family of four around sir
00:48:41.360yes i mean one of the things we all remember was rahm emanuel never let a crisis go to waste
00:48:47.780i think we really have to understand the political power game that's being played here
00:48:52.780so sometimes you hear from the conservative movement oh this is all hype it's just marketing
00:48:57.600You're trying to raise capital investment and so forth.
00:49:01.180And, you know, we've heard in the industrial revolution that, you know, all of this was going to be a disruption and it ended up creating more jobs.
00:49:10.420I think what we need to understand is it almost doesn't matter which way this turns out because it can be weaponized to build support for universal basic income and that fear and panic.
00:49:21.560So whether you think it is going to happen or you don't, you're going to see efforts to push it.
00:49:26.560And let me just give you a couple of quick examples of that.
00:49:28.940So we all know that, of course, Elon Musk has said that AI is a, quote, supersonic tsunami headed towards humanity, right?
00:49:37.500And I think we all agree it's going to affect everything from education to jobs to national security.
00:49:42.860And that's literally why I wrote Code Red, to kind of walk us through all of the different fault lines as this seismic shift unfolds.
00:49:49.520The second thing is, of course, Dario Amadei, the head of Anthropics, saying just a month and a half ago that in 12 months, Steve, we're not talking about out into the wild future.
00:50:23.660And now you're talking about a wipeout of that lower rung of starting.
00:50:28.440And we all know, we all had great mentors, and you have to be able to move yourself up professionally and develop.
00:50:34.000If you hack off that lower rung of the job opportunity, what's that going to hollow out for middle management and upper management long term?
00:50:42.700But more than that, what are those kids going to do?
00:50:44.420And then Mustafa Suleiman, Microsoft AI CEO, says that in 12 to 18 months, again, just from now, we're looking at the ability to replace 100% of white collar job tasks, not exact jobs, but using the tasks that you would be able to do.
00:51:02.500And so over time, automating that away. Now, if you think that that is a bunch of hype, fine, that's great. But understand, forces very well funded are using that fear mechanism, whether you think it's real or not, to build support for things like universal basic income, wealth redistribution, a global economic reset.
00:51:23.500that we've seen Bill Gates seeding the narrative terrain
00:51:27.000with this idea of a three or a four day work week.
00:51:30.140We've seen the Bernie Sanders element of that as well,
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