Episode 1572 Scott Adams： Let's Put Every Story Through the Race Filter, Because We're Idiots
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Summary
In this episode, Scott Adams talks about a new poll that shows Biden and Trump are neck-and-neck in the 2020 presidential race. He also talks about how the economy is doing, and why he thinks it's a good thing.
Transcript
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Oh how unprepared I am today. I got my microphones. How's this? Yeah let's go Brandon. Oh did my
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printer not work? Yes it did. Yes. Well it looks like I'm a little bit late but you know sometimes good
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things are worth waiting for. This isn't one of those cases but I hear good things are worth
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waiting for. That's my volume today. See if I can call up the comments here.
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Yeah I can call up the comments here. There we go. How's everybody doing this morning? Is this the
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best thing that ever happened to you ever? Come on you know it is. Coffee with Scott Adams
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Join me now for the unparalleled pleasure. The dopamine the other day. The thing that makes
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Yeah. Yeah. Yeah. Well what's new? Rasmussen did a poll and it asked first to ask people who they
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voted for in 2020. 45 percent said Biden and 48 percent Trump. But don't do what I did and say
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wait a minute. If this is a survey of the people who voted doesn't that mean Trump won?
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Because the survey of people who voted shows Trump won.
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But hold on. Hold on. Hold on. So I checked with Rasmussen before I got out of here.
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And this has more to do with how they changed the weightings. So the you know the polls do a
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weighting of how many people they assume are Democrats in the general public etc. And they
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tweak that. So this has more to do with the tweak of the weightings than it does with who actually
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won. But more interestingly Rasmussen asked likely voters who are representative of the public
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at large. Who would you vote for today? So if Trump and Biden both ran, which seems deeply
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unlikely to me, but if they ran against each other in 2024 or actually today. So maybe it
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would change by 2024. But as of today, Biden would get 32 percent of the votes. Trump would
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get 45. Start the local stream. So the local stream is started. And I'm on it live right
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now. But I did have a technical difficulty. And it's possible that it shows up as two posts.
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So skip the one that's not active and go to the one that is if it looks like it's not working.
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And how many and but so this looks like good for Trump, right? 45 percent would vote for him
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compared to 32 percent for Biden. But number one, he's not going to be running against Biden.
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Right. He's not going to be running against Biden. But 56 percent of those polled in the
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Rasmussen poll here said it would be a bad idea for Trump to run. Even though, according to the
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poll, he would beat Biden if by if, you know, in the unlikely event that Biden were the other
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candidate, he'd cream him and people still don't want him to run. Is that rational? That they would
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vote for Trump over Biden, but they still don't want Trump to run. It's a little bit rational
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because they would also vote for, you know, some other Republican over Biden. And then they
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wouldn't have the the controversy that they might have with Trump. Jobless claims are the lowest since
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1969 when the population was far less. That's a pretty big deal. So
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one of the things that keeps surprising me is that our ability to hire people is pretty
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strong, like really strong. Let me give you my economics lesson of the day. If you could
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only measure one economic statistic and that was all you had to know if the economy was going
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in the right direction or the wrong direction, what what one measure would you look at?
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So if you're having trouble on locals, just restart the app. I'm seeing some people are getting some
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trouble. The app is working. It's just getting a little rickety right now. I would say the most
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important economic indicator, and I do have a degree in economics, so I'm not just spitballing
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here, is employment. Generally speaking, when your employment looks good, everything else works.
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That's a pretty good general statement. Now, of course, there could be other shocks and surprises
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in your economy. You know, inflation could be high and all that stuff. But if you could just measure
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one thing, it would be the employment, and that's really good. It's looking really good.
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All right. So you think M3 would be the, well, that would be an interesting conversation.
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Wage push? Okay. Well, there's obviously lots more to the economy than employment, but that's the big one.
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So here's a question that I think a lot of you wonder about, but maybe don't ask directly.
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What's it like to be rich? Does anybody ever ask that question to yourself, if you're not rich?
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Some of you are. How many of you wonder what it's like? Do you ever think, is that as good as it looks?
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All right. Well, some of you do. So I thought I'd give you a little flavor for what it's like.
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You know, because I've had a successful career, so I've got a good deal of money right now.
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And let me tell you what it's like. Number one, you can, if you're a couple, you can both have a nice car,
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which is pretty good. So Christine and I both have nice automobiles. Both of them were damaged this week.
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So both of them are in insurance and in the shop, which is normal. Normal. When you have nice things,
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you got to take care of them. So Christina's car was damaged and my car was damaged this week.
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Interestingly, neither of us were driving those cars. Both cars were damaged.
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Neither she nor I were driving either car. That's the way it goes. But so we have two nice cars.
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We can't use them because they're damaged. I do have a very nice house. And that's something that
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a lot of people would wish they had. So my very nice house at the moment just had its, I think,
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the 11th major water leak this week. The 11th. There were two this week.
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One with a sprinkler system. One with the indoor, what are called the warm floors. They run warm water
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piping through the floors. If you get a leak in one of those, it's a bad, it's a bad thing. So I've had
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about 11 major water leaks. So I spend part of almost every day trying to fix a water leak.
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I know what you're thinking. You're thinking, is there some kind of construction problem? No, they're all
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completely randomly different. And they have nothing to do with anything. They're completely random.
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Now again, I also get to live in a nice neighborhood. So that's something you don't all get to do. And I'm
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quite aware of the benefits of that. For example, one of the benefits of living in my neighborhood is that
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both of my adjacent neighbors have both been burglarized by bands of people who broke through
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the windows at night. And in a small gang, took everything that they could take that looked
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valuable. Now that's happened to both of my neighbors. So I assume that I'm next on the list.
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In case any potential robbers are watching, my home will be a little bit harder than the neighbors.
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That's all I'm saying. You just better make sure I'm not home. If you break into my house,
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be pretty fucking sure I'm not home. That's my only advice. Because otherwise, it's going to get wet.
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All right, here's some other advantages of, you know, being well off. A lot of people don't have
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enough money even to pay for heat. But I do. And I wish I had heat today. Because if my warm floors had not
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leaked, it would feel great right here, instead of cold like I am right now. But in theory, the theory would be
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good. Now I can also buy nice computers. My computer wasn't working this morning, which is why I was late.
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I also have a number of cool systems in the house. For example, there's a system called an Elon system,
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where you can control the lighting everywhere. Now that doesn't work, obviously. So it's really just
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an expensive system that puts things on the wall that tease me. Wow, if that worked. Imagine if you
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could push those buttons and like the lighting would do different things. That would be cool.
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So I have that and you don't have that. I mean, you turn on lights exactly the same way I do.
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But in theory, I have a very complicated system that would do that for me. Now I also have,
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and I'm actually a little embarrassed to say this. I have 14 televisions. I know. It's kind of a
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douchebaggy thing to tell you, isn't it? I have 14 televisions. None of them work. I have zero televisions
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that work because they all go through a central processor, which doesn't work and it's hard to
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replace. So I have no televisions that work. Now, all those televisions have their own remote controls.
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And unlike a lot of people who are struggling, my remote controls, and again, I know what a douchebag
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this sounds like. Each one of them cost $1,000. That's how good the remote controls were. Each
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one was $1,000 because it did a lot of stuff. It wasn't like a regular TV remote. Now, 100% of them
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broke. It turns out that if you drop one of the remotes, the little thing that allows the charger to
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charge falls off. And then because it was a kid who dropped it, they see that thing on the ground
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and then they throw it away. So all of the $1,000 remotes became useless in about two weeks
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because somebody dropped them every time and then threw away the piece that you need to charge it.
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So I have no televisions and no remote controls. In theory, I have 14 televisions,
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but none that actually work. Now, another advantage that you have with money is that you can take nice
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vacations. And that's a really big deal. And I'm always conscious of the fact that not everybody
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can do that. So when I get to take a nice vacation, I'm very, very thankful for it. For example,
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just this week, Christina and my wife found out that she'd forgotten. We'd booked a luxury trip.
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To a very high-end hotel. And we forgot. Actually forgot we booked it. I mean, I didn't know about
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it at all, but she forgot she booked it. And so it was too late for me to go. So Christina went on her
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own and enjoyed a really nice luxury vacation while I was working seven days a week. But here's another
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good thing that you can do if you're well off. And this is like the ultimate luxury.
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And again, it's embarrassing even to say, because if you can't afford this, it's going to make you
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feel bad. But you wonder what it's like to have money, so I'll tell you. We sometimes do these things
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called a couple's massage, where you'll have two massage therapists come over and do a couple's
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massage. Well, Christina ordered one of those last night. And I got to tell you, it was great.
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Not for me. I didn't have a massage. But Christina and her sister had a massage, and I helped set up
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the tables for those. So that was great. I had some other things to do that night. I had to do some
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driving, which I couldn't do because the massage therapist parked in front of the garage door.
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So while Christina and her sister were getting excellent massages, I heard they were terrific,
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I was swearing at my driveway and eventually drove my car over a curb, damaging it a little bit,
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just to be able to get out of my own fucking driveway. Now, today, in about 10 minutes,
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I'll have a worker here to look at the warm floors and maybe fix that. And then for the rest of the
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day, I'll be listening to jackhammers. So jackhammers all day and all week, actually. And the jackhammers
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kick up so much dust that pretty much everything else I've ever purchased has been ruined with dust
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this week. So if you're wondering what it's like to have money, it's probably not nearly as good as
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you think. It's way better than not having money. So let me be clear on that. If you ever have a
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choice, take the money. But it is not nearly as good as you think. I promise you, it is not nearly
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as good as you think it is. Now, that's just a weird week. I thought it was funny that that week
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turned out this way. All right. Here's something that I fear. Are you watching the Kim Kardashian
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who's dating Pete Davidson from Saturday Night Live? And they're doing it kind of, you know,
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publicly. And you wonder how Kanye, who now goes by Ye, you wonder how he feels about that.
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And I have to admit, I do live in continuous fear that my wife will someday leave me and date Pete
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Davidson. Now, I don't know if you have any, if you've ever had this fear. But every day I look at
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this and think, well, that could have been me. That could have been me. And it's somebody on
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Twitter, I forget who gave me this joke. So this is not original. But somebody said of Pete
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Davidson, why would you date someone who has more pathogens than the Wuhan lab?
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Pete Buttigieg is working on putting in all those electric car charging stations as part of the
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infrastructure bill. And he said that you need these charging stations in two places
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that don't get mentioned much, which is in urban areas. Makes sense. But also where there's dense
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housing and people don't have a garage. You know, they're in an apartment or whatever. And
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I'm right on board with Pete Buttigieg because if there's one thing that poor people in dense
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neighborhood housing need, it's a way to charge their Teslas. Because I don't know if you know what
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the priorities are for the country. I used to think it was stuff like feeding the poor and health care
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and stuff like that. But the poor also don't have places to charge their Teslas. And I don't think
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we could ignore that. So maybe by the end of the Biden administration, the poor will be able to charge
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their Teslas. And that's good news. All right. I'm just kidding. It's not just the poor. And it's not
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just Teslas. I get it. I get it. But it's funny to imagine that they're so out of touch that they're
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giving Tesla charging stations to the poor. Here's a simulation update.
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One of the things I like to call the fake news industry is a rotting house. It's like a house that's
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rotting, isn't it? And what are the odds that the rotting house would make up a bunch of false claims
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about Kyle Rittenhouse? So it's the rotting house versus the Rittenhouse. And do you think that the
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left is finally figuring out? Because I'm seeing anecdotally a number of people on Twitter saying,
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well, I used to lean left and I voted for Biden. But this Rittenhouse thing has taught me that all the
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news is fake and now I'm going to vote for Trump. Well, I don't think there are actually that many
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people in that camp. But maybe. I mean, I believe that in 2016, everybody in the right learned that
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the news was completely made up. Now, some say they learned it earlier, weapons of mass destruction,
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Bush, et cetera. And I think that maybe that was... I'll tell you my own view. When the weapons of
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mass destruction thing happened, I thought it was an anomaly. Did you? When we were bamboozled by the
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press into thinking that Iraq had weapons of mass destruction, how many of you thought that was
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sort of a one-off versus the way everything works all the time? Because I'm trying to remember if I
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believed there were weapons of mass destruction. I think I did. I don't remember exactly, but I probably
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did. Because why wouldn't I? Yeah. And at the time, I thought to myself, well, you know, thank you, James.
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At the time, I thought to myself, well, you know, I guess something happened here, but this is not the way
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it normally is, right? It's not normally that the press just makes up a story. But it is. It's
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completely normal. And it took a while to figure that out. And the Trump administration proved to
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anybody who supported Trump that the news was completely fake. But now the left is at least
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getting a taste of it. They're just getting a little taste of it. And I think that they're also
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understanding that everything has been run through a race filter, and it shouldn't be. Because we're
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seeing so many cases now that don't look like race at all that are being called race. The Rittenhouse
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situation was being called a race thing. It wasn't. It wasn't.
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So over at the Daily Beast, which is, they pretend to be journalists, but it's basically a gathering
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place for trolls who think they could write. So the house of trolls, called the Daily Beast,
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was getting on two people, Tim Poole and Andy Ngo, because they were identifying the Waukesha
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attacker, the one who was in the car and drove over all the people in the parade. They correctly
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identified that his social media showed him he was a BLM supporter. And they reported on
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that. And what happens when... And also that he was anti-white, explicitly. He wasn't just
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pro-BLM, which many people could be. He was actually just anti-white. And he said so, and
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white people should be hurt. He basically said that directly. And of course, that is part of the
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story, right? Because he ran down a bunch of white people. So if your social media says he's
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recommending hurting people, white people, and then he hurts a bunch of white people, that feels
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related, doesn't it? Doesn't that feel at least it should be part of the story? Well, that's what
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Tim Poole and Andy Ngo said, but the Daily Beast decided that they were trying to make it racial.
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What? You know who tried to make it racial? The guy who posted those social media attacks against
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white people? That kind of made it racial. Now, how about this one? This is CNN trying to make the
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defense for the Arbery case. They're trying to turn that racist too. So here's the report on CNN.
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Here's how CNN says it. On Monday, defense attorney Laura Hogue went as far as to say during her
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closing arguments in the case, quote, turning Ahmoud Arbery into a victim after the choices he made
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does not reflect the reality of what brought Ahmoud Arbery to Satilla Shores in his khaki shorts
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with no socks to cover his long, dirty toenails. And so she is being accused of being racist
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for suggesting that this individual, Ahmoud Arbery, had khaki shorts with no socks to cover his long,
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dirty toenails. And so I said to myself, wait a minute, what's the race part of that?
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Like, there's a claim that that's racial, but I'm looking right at it. I don't even see race
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mentioned. And so I said to myself, I said to myself, oh, it says he isn't a jogger. Well, that wasn't
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the point they were trying to make on this statement. But yes, I don't think you jog in khakis and
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no socks and wearing, what, sandals. No socks to cover his long, dirty, yeah, I must add sandals.
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Anyway, that's a pretty good point that he wasn't there as a jogger in any traditional way that
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joggers jog. But I asked on Twitter, suppose I were to describe somebody out of context and just
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said that it was a person with, let's say a man, with khaki shorts and no socks to cover his long,
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dirty toenails. If that's the only thing you knew, what ethnicity would you assume
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was wearing the khakis with the long, dirty toenails?
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You would think white, yeah. I think 71% of the people who answered it said, uh, white,
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because khaki shorts and sandals. So this is CNN trying to make literally anything a racial
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thing. Um, I saw a comment from a Twitter user, uh, Sierra No Regale, I don't know how to pronounce
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his name, who is claiming that CNN is not nearly as bad as Fox. If you're talking about fake news,
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oh my God, says this user, CNN is not as bad as Fox. And then he went on to say,
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and it's so obviously probably not the same. He said, who's, you know, and he asked this rhetorically,
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who's the Tucker and Graham, uh, judge, judge Neen or Goffield on CNN, right? Like where on CNN
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are you going to find somebody like a, like a Tucker Carlson or a Laura Ingram or judge Neen or a
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Goffield? Yeah. Show him. Where, where on Fox are you going to find somebody like that?
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To which I said, look for the ones that still believe the fine people hoax was real. And the
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people who still think that Trump suggested drinking bleach. Find them. That's what we're
00:25:35.600
talking about. But the trouble is that CRN probably doesn't know those are hoaxes. So if you are so
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bamboozled by your press that you think that the ridiculous hoaxes that they're showing you are news
00:25:50.720
are real, you would come to the belief that CNN was giving you real news. Because how would you know?
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Everybody else says it's real on the news that you watch. You'd have to watch other news to find
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it's not real. All right. So it's amazing how bubblicious some people can be. Um,
00:26:11.860
so, uh, apparently there's some serious talk at Comcast, uh, about Joy Reid's future at MSNBC.
00:26:22.880
So the executors are saying, ah, should we keep Joy Reid in her current job at MSNBC? And I have some
00:26:32.080
advice for them, um, in my capacity as the creator of the Dilbert comic. Now, sometimes I comment just
00:26:38.840
as a observer of politics, but in this case, I'm going to comment, uh, as someone who has a long
00:26:46.720
history of observing corporations and how they work. And here's my recommendation for a Comcast as a
00:26:54.040
corporation. And I'll just put this out there. They can do with it what they want. Based on my
00:26:59.540
experience living in the world, I think it's a bad idea to have an overt racist as part of your brand.
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Now, I know, I know it's shocking, but if somebody is clearly and obviously, and isn't not even trying
00:27:15.740
to hide it, says it right out front is a full on racist. I'm saying my advice would be don't use them
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as your brand ambassador. Is that too far? Does that advice seem, seem pretty solid to you or no? I'm,
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I'm basing it on all of my business experience. They're using a racist as your brand ambassador
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probably doesn't help you sell product, does it? No? Well, it's good that they're talking about it.
00:27:48.520
Anyway, as you know, uh, Kyle Rittenhouse was famously photographed at one point with the Proud Boys.
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Uh, apparently the story is his, uh, lawyer that he eventually fired, who was the worst lawyer in the
00:27:59.960
world except for his other lawyer, uh, the other first one that was fired, not his eventual lawyers
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who got him off, uh, on all charges, who apparently was a good lawyer. And, uh, so the bad lawyer
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tried to get him a meeting with the Proud Boys at some bar when Kyle didn't exactly know who the
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Proud Boys were. Actually, he didn't even know they were the Proud Boys. He just thought it was a
00:28:23.520
bunch of guys who work construction. And so he posed with them. He did the okay sign, didn't know it
00:28:31.780
meant anything. Uh, and then he blamed his attorney for that. Now, does that sound convincing? Does
00:28:39.360
that sound convincing that that's, that was his entire association? And by the way, he condemns
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the Proud Boys. He condemns them in direct language. Yeah, it does sound real because he was 17 and he had
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a really, really bad lawyer, apparently. Like as bad as the baddest lawyer it could ever be.
00:28:57.560
All right. Um, have I told you that I'm connected to every story, even when I don't want to be?
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And it's just weird. Like I have weird connections to stories, sometimes directly, sometimes indirectly.
00:29:10.720
Um, several years ago when, um, anybody who supported Trump was getting, uh, re-
00:29:19.380
Um, um, okay. Got a TV recommendation there. Sorry about that. And, uh, so anyway, I was doing
00:29:29.700
some speaking, uh, during that time and I, I wound it down because it was just too dangerous
00:29:34.640
to speak in public during the Trump administration because I just didn't feel safe. And I was contacted
00:29:40.540
by a member of the Proud Boys. And this member of the Proud Boys, who sounded like he could reasonably
00:29:47.320
speak for other Proud Boys, at least locally, said that they would be happy to provide security
00:29:53.000
for me. Um, you know, I don't know. They didn't say anything about charging me, but they said they
00:29:59.620
could, they could provide security for me if I wanted to go to Berkeley and give a speech.
00:30:05.700
Now I said to myself, well, that would be one way to make things worse.
00:30:10.200
So because I'm not 17, I said to myself, thank you. And I actually appreciated the offer and I
00:30:20.840
respectfully, uh, declined his respectful offer. Um, but that's because I'm my age, right?
00:30:30.100
If I were 17, do you think I would have known enough to, you know, smell trouble? No, no, I would,
00:30:39.260
I would have probably gone just like Kyle did. So, you know, it takes, it takes a long time before
00:30:45.520
you can see around corners, but I could kind of see around the corner on that one. I was like, yeah,
00:30:51.780
I don't, I don't have a personal problem with it, but this just looks like it's going to attract
00:30:57.280
trouble. And sure enough, it would have, I'm sure. Yeah. And Coulter used them. And by the way,
00:31:03.740
I think that they would do a good job. And I would also like to say that as far as I know,
00:31:10.500
as far as I know, either most of the proud boys or all of them, maybe are not racist. As far as I
00:31:19.420
know. Now, if somebody else has different information or if they're actually members of
00:31:24.800
the group who are actually racist, maybe every group seems to have some, but as far as I know,
00:31:30.120
they're not. But if other people think they are, obviously it's a red flag.
00:31:38.520
Yeah. Yeah. It's, it was originally a drinking club that just sort of, you know, got a momentum of
00:31:47.600
its own. Anyway, so that's all I know about them. There is a lovely takedown of people who are bad
00:31:59.320
as statistics, especially in the COVID reference by a professor, Jeffrey Morris, who is very, very
00:32:05.640
qualified at this stuff. He is listed as a data scientist, biostatistician, quantitative scientist,
00:32:12.800
biomedical researcher, and a cancer researcher. So if you want somebody to look at your COVID graphs
00:32:20.100
and tell you if they're good, he'd be one, right? He has exactly the right qualifications.
00:32:27.480
So what did he think when he saw some of these graphs that would show that, you know, more people
00:32:32.940
are dying vaccinated than not and stuff like that? What did he say? Well, he did a long thread,
00:32:40.580
a takedown of Alex Berenson and his ignorance of statistics, right? He named him in particular,
00:32:47.740
but he was talking about people and bad statistics. Let me give you an example. Just one example.
00:32:53.760
The one that he talked about was there's a famous graph going around that seems to show that
00:32:58.780
vaccinated people are dying more or getting infected more than other people. And he explains why
00:33:05.220
you're wrong about all of that. All right. Now, I won't give his argument because it's better if you
00:33:11.080
hear it from him. It's more credible. But he does do a good job of showing that the Alex Berenson kind of
00:33:18.020
things he tweets are based on ridiculously bad interpretation of data, like ridiculously bad.
00:33:26.900
Ridiculously bad. Let me give you an example, right? This is not the, this is just something else I saw in
00:33:34.140
this thread. This was not even the topic he was taking Berenson down on. You've heard of the VAERS
00:33:40.680
database and has lots of reports, an alarming number of reports of people who had, who died or had
00:33:47.520
reactions after getting vaccinated. Does anybody know how many of them there are? How many adverse reports
00:33:56.140
are in the VAERS database? Can somebody give me that number? I'll bet somebody knows it off the top of
00:34:00.540
their head. It's a low tens of thousands or something. Is it under 20,000? Something like that. 8,000,
00:34:09.240
10,000, somewhere in that range. 6,000-ish. So it's under 10,000, right? But that's a lot.
00:34:16.260
All right. Oh, yeah. I guess I didn't ask, I didn't qualify deaths versus bad reactions. 19K, 20K? All
00:34:29.080
right. But here's where I'm going with this. We don't know that exact number. But let me ask you
00:34:34.820
this. How many people in the United States do you think die every month?
00:34:42.400
How many people in the United States die every month just of anything? Give me your number. How
00:34:51.180
many die every month of any cause? I'm seeing numbers from 8,000 to 400,000. Some say a million.
00:35:04.520
Now, wouldn't your opinion of how many adverse reactions are in the VAERS database, wouldn't
00:35:10.940
that be highly influenced by how many people you think die normally? So it turns out that 250,000
00:35:18.480
people die every month. And you would expect, if the vaccinations were perfectly safe and affected
00:35:31.340
no one negatively, you would expect a quarter of a million people to die within a month of taking it.
00:35:37.160
Did you know that? If the vaccines were perfectly safe, a quarter million people would die within
00:35:44.320
four weeks of taking it. And how about within a week of taking it? 50,000 people would have died just
00:35:53.280
by coincidence within a week of taking the vaccination. If you know somebody who died within
00:36:00.160
a week of taking a vaccination, they might have been one of 50,000 people who had that experience.
00:36:07.800
It doesn't mean anything. It literally means nothing. Now, I'm not saying the vaccinations are safe or that
00:36:14.000
the numbers are accurate. I'm saying that if that's what you're looking at to determine, that's not the
00:36:19.020
place. All right. How about this? So he goes on. This is Professor Jeffrey Morris. He says,
00:36:28.700
if vaccines were given at a random time, no matter when you gave them, you would expect
00:36:33.040
about 7,000 people to die the same day that they got the vaccination. You would expect 7,000 people to die
00:36:43.460
the same day that they just got vaccinated by chance. That would be how many would happen by chance.
00:36:52.000
You see where this is going, right? The VAERS database is not telling you anything at all.
00:36:59.320
And yeah. So anyway, I would say that nearly everything you see from Alex Berenson has the same flaw,
00:37:07.880
law, which is that Alex is not as good as somebody like Professor Morris at looking at data. And so
00:37:14.240
to the layperson, it looks pretty convincing. But to somebody who knows how statistics work,
00:37:21.120
nothing like that's happening. Nothing like that is happening at all. All right. But again,
00:37:27.900
all of that could be a lie too, because everything's a lie and we don't trust anything anymore.
00:37:32.120
How many of you know what a DAO is? D-A-O. Not the Dow Jones. How many of you would know what a D-A-O is?
00:37:43.600
Which stands for a Decentralized Autonomous Organization. All right. I like to make my
00:37:50.700
viewers smarter than the average. The DAO, D-A-O, is something coming toward you maybe fast and maybe
00:38:00.440
really big. Like really big. How big? Transform the entire economy big. That's how big. All right.
00:38:11.520
Let me tell you what it is. It could turn out to be a blip and nothing, right? But let me tell you
00:38:16.320
what it is. It's people using the blockchain, which is the basis for crypto, but doesn't have to be just
00:38:22.880
crypto. You could use it for other reasons. Well, actually, I guess there's always a token involved,
00:38:28.220
isn't there? If you have a blockchain, there's always some kind of a token, isn't there?
00:38:33.200
Necessarily? I think so. But anyway, it's people who self-organize for a project, much the way
00:38:41.180
Hollywood self-organizes for a movie. Now, there's not a bunch of people who go from movie to movie and
00:38:47.920
make movies so much. There might be a director and a producer, and then they hire the people they need
00:38:52.980
just for the project. Well, the decentralized autonomous organization is a way to do that,
00:39:00.140
but without a leader. So there's no leader. So people buy tokens, you know, they buy in to have
00:39:07.940
influence. If they buy more tokens, they could get more influence. But the rules of who can vote and
00:39:14.120
what they're voting on and what the rules are for how things work are all determined by the group.
00:39:20.320
So they work it out based on voting, based on how many tokens they own. And it's a way to self-organize
00:39:26.880
a project where people have complete visibility of everything. You know, they can see other people's
00:39:36.240
work. They can see the rules. They can contribute. They can get paid for it in some cases. And so the
00:39:44.700
thinking is that if this works in a few settings, it might go big and might even be better than corporate
00:39:52.660
governance. Depending on the project, maybe a corporation is the worst place to do it. It could be that a
00:39:59.460
self-organized entity like this that organizes just to do a specific thing might be exactly the way to do it.
00:40:06.780
So there was a DAO, a DAO, that tried to buy the Constitution. There was a copy of the Constitution
00:40:13.800
that went up for sale at, was it Sotheby's, I think. And so one of these sprung up and there was no leader.
00:40:23.380
It was just a bunch of people who had a common interest. And they self-organized, created rules
00:40:28.200
for what was what, and they bid. Now, it turns out they didn't win the bid because that's, you know,
00:40:33.280
a separate issue. But if they had won the bid, it would be the most successful DAO, I think,
00:40:40.720
and could have really made things different. So keep an eye on this. This is one of those things
00:40:47.280
that this is like hearing about Bitcoin before everybody heard of Bitcoin, right? This is like
00:40:53.760
hearing about the internet before most people had ever heard the word, right? You're now way ahead of
00:41:00.600
the public, because you know what a DAO is. It's a self-organized thing where all the rules are on
00:41:05.860
the blockchain, so everybody can see it, and you buy into it, and your influence depends on how many
00:41:11.500
tokens you buy, typically. All right? So now you know that. Here's something Britt Hume said about
00:41:17.260
Biden. And the reason this is important is because it's Britt Hume, right? Not everybody has the same
00:41:23.540
level of credibility. Will you agree with me? Right? If you're listening to one of the worse than
00:41:29.100
Watergate guys, they have zero credibility. You know, the news hosts, not so much. But Britt Hume
00:41:36.180
is, I think, would be, both the left and the right would say, oh, yeah, he does play it down the middle,
00:41:43.460
like he's actually just a reasonable person. Here's what the most reason, you could argue,
00:41:49.540
he's the most reasonable and balanced voice for decades. And here's what he said about Biden.
00:41:56.140
He said, quote, in fact, I think the thing we have to watch is this question of whether
00:42:00.640
he serves on his first term. He's clearly deteriorating. He's clearly senile.
00:42:08.360
Imagine the most reasonable person in the news business just says it directly. This is different.
00:42:15.960
We're now at a level where people who are not, like, you know, screaming partisans are just
00:42:22.340
saying, oh, that's obvious. He's obviously senile.
00:42:29.580
So Angela says, Britt Hume is credible, lol. I could be wrong. Well, you are wrong. Look
00:42:36.540
into it. So if you're saying because there's an association with Fox News, well, I think you're
00:42:42.660
wrong. Just look into his background. And much like I say the same thing about Smirkanish
00:42:49.140
on CNN. Also, Sanjay Gupta. There would be two people who appear on CNN that, as far as
00:42:57.000
I can tell, try to actually just look at the facts and are not, like, screaming partisans.
00:43:02.900
And Fox News has the same. They have a number of people who are absolutely not partisan in the
00:43:07.920
way that, you know, you typically think of it. So certainly the opinion people are partisan.
00:43:13.400
But to me, this feels like an important, you know, notable thing in the Biden story, that
00:43:24.280
somebody can say this just directly. And guess what? It's not even big news. Think about
00:43:30.480
that. You know how the left likes to, they like to boost anything the right says that's
00:43:36.640
crazy. So if anybody says anything that's a little crazy sounding on the right, that's
00:43:41.880
going to be on CNN, right? Here was a top reputation news person who just called the president
00:43:51.020
of the United States clearly senile, and he wasn't speaking hyperbolically. Nobody would
00:43:56.580
have taken it that way. Nobody would have said, yeah, I know you're being partisan. You're just
00:44:00.860
saying that. Nope. Nope. That wasn't what happened. That was a matter of fact.
00:44:06.620
He made a matter of fact statement. He made a matter of fact statement about the president
00:44:10.800
of the United States being senile. And it wasn't even reported as an anomaly. It was reported as
00:44:22.380
normal. We actually normalized senility in our president. I guess you can normalize anything.
00:44:29.500
I'm seeing some pushback here because of the Sanjay Gupta talk with Joe Rogan. Keep in mind
00:44:37.360
that Sanjay did not back his network. You saw it, right? When he was asked to defend what CNN said
00:44:44.860
about the ivermectin, he didn't. He said, I don't know why they said that. He didn't say it. So he
00:44:54.180
didn't defend it either. If you don't defend it, I think you're criticizing it, right? I mean,
00:45:01.100
you know, we do have to, you have to, you do have to make some allowance for the fact that people have
00:45:08.100
a paycheck coming, right? And so if Sanjay doesn't want to savage his own network, but he makes it clear
00:45:16.020
that that wasn't his opinion, I'm okay with that. Like, I don't need him to go, uh, I don't need him
00:45:22.540
to go, you know, barbarian on his own employer. As long as he says it clearly, and he did, I don't
00:45:29.620
know why they did that. It's very clear he wouldn't have done it and didn't. So yes, Sanjay Gupta is a
00:45:36.460
credible voice on CNN. If you don't like it, go look at yourself. Gupta defended his investment. I
00:45:45.420
don't know what that story is. Does he have an investment in some kind of medical thing that he
00:45:50.200
reports on? I don't know. You're in California and wearing a jacket. This is not a jacket.
00:45:57.560
This is a shirt. It's a shirt. It's an excellent shirt. But yes, I have no heat, uh, today in my
00:46:06.980
house. I am double-shirted. It is a cool shirt, so to speak. What's that? You're more reasonable than
00:46:17.900
your fangirls, Scott. Uh, Gupta, plus a few days later, he agreed with Don Lemon, saying it was
00:46:27.440
horse to your murmur, but not in the same context, all right? So I don't have to look into that to
00:46:33.320
know that you're lying to me. Sanjay Gupta did not say that ivermectin is only horse medicine,
00:46:42.240
and don't tell me he did. If you believe that, just go back and look at it. That didn't happen.
00:46:46.840
I don't have to research that to know it didn't happen.
00:46:57.440
Well, it is also that. You're lying to yourself. Am I? Am I lying to myself? Are you reading
00:47:04.440
my mind? All right. Yeah, it's colder in Northern California. It's probably 52-ounce.
00:47:17.900
He didn't correct, uh, oh, he didn't correct? Well, I mean, that's a separate issue, isn't it?
00:47:22.040
You know, how much does Sanjay Gupta have to correct his employer or his co-workers? I don't know.
00:47:29.640
As long as his opinion is clear, I don't think he has that requirement. I honestly don't.
00:47:38.520
Well, I'll give you, let me give you an example. I've appeared on Fox News, you know, a number of
00:47:43.560
times. Is it my job to criticize everything else Fox News has ever said? Because I've worked with him in a,
00:47:51.460
you know, you know, compatible way? I don't think so. I don't really, I don't really feel that
00:47:57.140
responsibility. If I see something, I'll mention it, but I don't feel like it's my job to, you know,
00:48:02.780
explain the context of everybody I've ever talked to. You know, I think I told you early on, especially
00:48:08.520
in the Trump administration, I told you I have, I have one, well, I probably have other, but one of my
00:48:14.680
absolutes is I won't be told who I can associate with. I just won't. So I will talk to Black Lives
00:48:23.400
Matter. I'll talk to a pedophile. I'll talk to Jeffrey Epstein. I'll talk to Don Lemon. No restrictions.
00:48:31.440
No restrictions. You know, and, and by the way, I'm really firm on this one. Really firm.
00:48:43.440
You steal Gutfeld's jokes often, says John. Well, he has good jokes. Why wouldn't I steal them?
00:48:50.280
If you're stealing from people who have bad jokes, you're doing it wrong. There's no such thing as
00:48:55.820
anybody who deals with humor who doesn't steal jokes. You know, that's not a thing, right?
00:49:02.720
And usually it's not intentional. Sometimes you just see a good joke and you want to repeat it.
00:49:07.820
But I mean, it's not really, it's not a reasonable comment that people steal jokes.
00:49:14.300
Everybody steals everybody's jokes. There's nothing wrong with that.
00:49:17.060
And Greg and I are friends. So we generally agree on stuff. Often what you think is we're saying the
00:49:25.820
same things. Sometimes we've actually talked about it, the topic beforehand, and we're just on the same
00:49:31.120
page. Should we start a DAO? If you had a reason. How to open kitty friskies with your bare hands.
00:49:45.360
All right. There are only nine plots in literature. Seems like fewer. All right. I'm pretty sure I'm
00:49:54.060
going to have to go figure out what's going on right now. Greg just texted me. What do you think of
00:50:04.780
Foundation? Oh, if you want a good sci-fi show on Apple TV, I think that's the only place you can get it.
00:50:12.220
If you want a good show, Foundation. I'm really enjoying it. And the thing I like about it is the concept
00:50:23.220
level. At the concept level, it's just mind-blowingly good. And there's one scene in there, I won't
00:50:29.960
describe it, where they, let's say the bad guy, just so it's not a spoiler, where the bad guy does something so bad
00:50:37.820
that I've never even seen anything like that, even in literature. Like a level of bad that I don't know
00:50:45.060
could ever be topped by any book or, it was so bad. It's just the baddest thing I've ever heard of.
00:50:51.140
And, anyway, if you read it, you know what I mean. If Rittenhouse hadn't shot and was subsequently
00:51:06.100
beaten or killed, would they have been, would the killers be charged? I don't know. Don't know.
00:51:14.080
Will the mob robbers go for... So, you know what's happening with these flash mobs robbing
00:51:27.520
stores, right? So, in the Bay Area, it's happened a number of times already, the big group will
00:51:32.620
go in all at once and then rob the store and run away. How in the world is retail going to
00:51:39.700
survive, the upscale stuff? Because I can't see a Chanel store surviving from this point on, can you?
00:51:47.680
Wouldn't every Chanel store get robbed? I don't think that it'll even be a... I don't know. It just
00:51:55.100
seems like such a good odds for a crime. Because if they come in with, you know, 50 people, the odds of,
00:52:03.640
you know, more than 48 of them being caught, or the odds of many of them being caught are so low,
00:52:10.940
it's actually a pretty good business model. And I don't... And guns are being taken away as quickly as,
00:52:18.540
you know, stores are opening. So, I don't know that guns are going to solve it. Yeah, you could almost
00:52:25.700
imagine that Amazon was behind the flash mobs. They're not. But you could, if you wanted to take it to full
00:52:32.500
conspiracy, you'd say, hmm, maybe Amazon's behind this, because it sure is good for their business.
00:52:41.580
I certainly, if I had a high-end store, I'd probably just close it at this point. Because I don't see
00:52:48.040
anything that would change the trend, do you? Because the people doing the stealing wear masks,
00:52:53.360
so the video doesn't matter. The police are being defunded and probably don't care how many Chanel bags
00:53:00.420
get caught or grabbed. Office space had the whole hypnosis thing. I don't know about that.
00:53:13.580
Watch the money heist. There's an Amazon leak. I haven't heard about that yet.
00:53:21.500
Hire the proud boys to guard your Chanel store. Now, that would be interesting. Except, you know,
00:53:27.300
any guard would be overwhelmed. So, I think it would be very dangerous to be an armed guard if 50 looters
00:53:34.680
decided to descend on your store, because they're not going to leave you alone, right? The first thing
00:53:40.360
they're going to do is take out the guard, and it's not going to be nice. All right, I think that's all
00:53:49.120
I got for today. I've got to go do some other things, and I will talk to you tomorrow.