Real Coffee with Scott Adams - December 28, 2024


Episode 2703 CWSA 12⧸28⧸24


Episode Stats


Length

1 hour and 31 minutes

Words per minute

148.93259

Word count

13,583

Sentence count

923

Harmful content

Misogyny

9

sentences flagged

Hate speech

46

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

It's a new year, which means it's time for a new episode of the podcast. This week, we're celebrating the first day of the new year by talking about a new invention: the simultaneous sip. Plus, we talk about the growing problem of homelessness, and whether or not the Supreme Court should ban it.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 at a better time. But if you'd like to take this experience up to levels that nobody can even
00:00:06.100 understand with their tiny, shiny human brains, all you need is a cup or mug or a glass of tanker
00:00:12.160 gels, a stein, a canteen, jug or flask, a vessel of any kind. Fill it with your favorite liquid.
00:00:16.120 I like coffee. Join me now for the unparalleled pleasure, the dopamine in it of the day,
00:00:21.500 the thing that makes everything better. It's called the simultaneous sip and happens now. Go.
00:00:30.000 Well, I thought it was Sunday until just recently. I've been told it's Saturday. Do we have
00:00:43.220 agreement on that? Today's Saturday? All right. Good. Good. We're starting out with complete
00:00:48.920 agreement. I do not like the... All right. That's better. Let's fix that. All right. First
00:00:58.760 of all, a minor announcement. I'm going to try to use, well, two things. I'm going to try to curse
00:01:09.060 less in the coming year. I won't call it a resolution, but year-end's a good time to start.
00:01:15.260 And if I do, I'm going to use AI to remove the curse words. So YouTube will first, you know,
00:01:24.620 it's live streaming. So any curses will be in there, but we can quickly replace them.
00:01:31.120 There are several AI programs that you just run the video through and it takes out the curse words.
00:01:37.120 So we're going to play with that. I don't know if that'll work, but in theory, you should be able
00:01:42.420 to get a curse-free version of everything, at least on YouTube. And then I suppose we can load that up to
00:01:51.680 locals as well. All right. Apparently, some researchers are building an AI system to talk
00:02:00.140 to animals. And why it matters is because it could aid human knowledge of our world. Okay. Okay.
00:02:07.880 Talking to animals. That's good. But it could provide a compelling case for giving animals broader legal rights.
00:02:15.000 So do you want to live in that world where the animals can talk so they start pestering for broader rights?
00:02:28.840 You know, it's bad enough that your job is being taken from somebody from another country. Do you want to lose
00:02:35.820 your job to a ferret or a giraffe or something? No, much worse. We don't want our animals to talk.
00:02:42.820 They'll be taking our jobs. I'm just joking. They're not going to take your jobs.
00:02:47.360 But we'll talk about that other thing. So, yeah, I want that so I can talk to my dog.
00:02:56.900 Meanwhile, according to CBS News, homelessness jumped 18% this year. And they say it's, the title says,
00:03:05.460 it's driven mostly by lack of affordable housing. How do you think they'd know that?
00:03:10.640 So they're quite confidently claiming that homelessness is up 18%. Now, that part they can 0.57
00:03:17.980 really just count. You know, it misses the people who are, you know, homeless, but staying with a
00:03:23.020 friend. But the actual outdoor homeless, they can just count it and it's up by 18%. But then they go,
00:03:29.460 it's mostly because of a lack of affordable housing. How do they know that? Do you believe
00:03:37.300 that they did a survey of just the people who were added to the homeless to know that just the
00:03:43.420 increase was mostly people who couldn't afford houses? Do you think they did that? No, I don't.
00:03:51.360 I think they just wrote a headline that said, huh, homelessness is way up and also rents are high.
00:03:57.800 Yeah, it must be because the rents are high. It might be. But everything we've seen historically
00:04:05.560 is that when you go to this same group of people, you say, hey, I got a deal for you. We will subsidize
00:04:12.760 your indoor living. You're now saved. You can leave the streets. You're not homeless anymore. We'll pay
00:04:18.880 for it. And then they say, uh, but do I have to follow your rules indoors? Well, I mean, you have
00:04:26.260 to be like a regular person. Yeah. So I can't be smoking meth and doing fentanyl. Well, we'd rather
00:04:34.280 you didn't do that. Well, then I think I'd rather just stay outside. So the people who have mental 0.99
00:04:40.220 problems and the people who are drug addicts, they're not outdoors because there is no way to be
00:04:45.900 indoors, even if somebody else pays for it. They're outdoors because all things considered,
00:04:53.060 they prefer it. So do you think CBS News simply guessed what the reason is? Or did they do a
00:05:00.440 survey that they didn't mention in the article? Now, if they mentioned it, I didn't see it.
00:05:05.920 So how could you make a claim like that without referencing how you came up with it?
00:05:10.760 So they could be right. I just don't think that they did any, any research to know if they're
00:05:17.800 right. Um, as you know, Trump has asked the Supreme court to delay the start of the
00:05:22.960 tick tock ban. Do you remember when you said to me, not you, but people said to me, um,
00:05:30.580 that tick tock should not be banned because of free speech. And I said, but China can manipulate it. 0.94
00:05:39.200 So that's a big risk. Well, how big of a risk is it? Well, you know, the two things to say,
00:05:46.200 number one, if Trump, um, gets his way, I think a conservative group of investors will buy tick
00:05:53.840 tock. Can you imagine a world in which X is owned by Musk and hypothetically tick tock gets bought by
00:06:04.120 some American right-leaning entity that would give the political right, or at least, at least
00:06:11.860 the reasonable middle, um, a lot of clout, it seems like, and it would reduce the risk of China,
00:06:18.980 um, manipulating. But is there really a risk that China, good old China, is there really a risk that 0.74
00:06:25.940 they would do some sneaky thing with an online thing? Come on, come on, it's China. Has China 0.98
00:06:33.060 ever done anything that would make you suspect, hmm, if they had some weapon they could use in the
00:06:39.320 cyber world, would they use it? Of course not. There's no evidence whatsoever that China has
00:06:46.000 any interest in bothering us with any cyber... Wait, my next story is, uh, apparently China has
00:06:54.740 penetrated all of our inter-telecommunications networks, uh, with a cyber attack called Salt
00:07:01.340 Typhoon, and they just totally attacked our ninth U.S. telecom company. Hackers have access to your
00:07:08.940 private text calls and even identified the owners of targeted devices. Um, so, yeah, apparently China
00:07:18.420 has penetrated all of our American important infrastructure. Let me say it again. China 0.99
00:07:29.320 already controls all of our digital infrastructure, meaning that they can turn off anything in our
00:07:37.240 country that's big and matters. All of it. And when I say they made these attacks, your, your common
00:07:46.340 sense is telling you, oh, they made an attack and then we, we found it and then we got rid of them.
00:07:52.440 You know, it's just, it's just whack-a-mole, but, you know, occasionally they'll get through and then
00:07:56.580 you get rid of them. No, that's not what happened. What happened is China burrowed into these companies
00:08:02.440 and they're there permanently. Meaning we can't find them and we can't get rid of them. They have permanent
00:08:09.540 control over all of our important networks for everything. Why? Well, Christopher Wray says that their
00:08:17.000 cyber efforts are 50 to one bigger than us and they're absolutely determined to own everything in the United
00:08:24.280 States in terms of the controlling our cyber infrastructure. And they've already done it.
00:08:30.340 It's not a future risk. They already own us. Now, the part we don't know is there, is there mutually
00:08:38.700 assured destruction? Meaning is America in all of China's important systems? Well, I hope so. 1.00
00:08:46.680 I hope so, but I don't know. And I think the only thing that keeps us from a catastrophic,
00:08:54.780 you know, total cyber crash that we can't recover from is that we do the same to China 0.99
00:09:00.340 because we would know it was them. So we'd, we'd pay them back and they can't afford that.
00:09:05.400 So it's mutually assured destruction. The cyber, cyber warfare has reached a level
00:09:11.980 where the only thing that keeps you from doing the biggest of the attacks, where they really try
00:09:17.760 to take down the network. The only thing keeping it from happening is that we do it to them.
00:09:22.540 That's it. We don't have any defense against it. So there's that. China, of course, denies involvement,
00:09:31.200 but here's what one expert said. Apparently there's some new updated guidance from the Department
00:09:36.660 of Homeland Security that just has one little scary line in it that says they discourage companies
00:09:43.320 from using two-part authentication by text. You know, when you're signing up for something
00:09:50.160 and it says, we'll text your phone to make sure it's really you. The Department of Homeland Security
00:09:56.600 says that's not safe because your text messages are being read by China. So two-party authentication
00:10:05.420 is not safe. Now that should tell you everything, you know, if China can read all of your text 0.95
00:10:14.840 messages and has some kind of control over your second-party authentication, they're into
00:10:21.100 everything. There wouldn't be any exception, I don't think. So there's that. That's according
00:10:28.180 to the AP News and Fox. Mexico built an app for the potential deportees in this country.
00:10:35.060 So if you're a Mexican, non-American citizen and you're at risk for being deported, Mexico
00:10:41.600 wanted to give you an app so that as soon as you found out you were going to get arrested,
00:10:45.480 if you knew in advance, you could push a button and it would warn at least your family, but
00:10:51.860 it would warn other people. As the Amuse account on X points out, that might be one thing they
00:11:00.940 didn't think about. Apparently this app gives the American government the ability to find all of
00:11:08.640 the non-citizens because you could just figure out who has the app and then you can figure out
00:11:14.500 their location and just go pick them up. Now, I'm not sure I have the whole story. It might be that
00:11:24.180 it's not that simple, but don't you believe our government could, with some legal authority,
00:11:31.140 figure out where any kind of phone made by an American company, what the app is and what the
00:11:39.200 GPS is? So I don't know that this is completely true. So there might be a little more to it that I
00:11:46.460 don't know. But if it's true, it would be funny that the Mexican government created an app that
00:11:53.040 the United States used to find all the illegal people. Anyway, Jonathan Turley points out that
00:12:03.580 the media is, as he says, struggling to ignore the corruption of the Biden scandal by insisting
00:12:10.040 there's no evidence. I saw this live when it happened and I just shook my head. So Abby Phillip
00:12:15.820 on CNN, who's a promoter of the fine people hoax, if you want to know who she is, if I tell you she's
00:12:25.480 a big promoter of the fine people hoax, that's everything you need to know. But she said the
00:12:33.240 other day, maybe yesterday, I'm still waiting to see the proof of Joe Biden enriching himself.
00:12:39.720 I take it that his brothers and son perhaps made some money, blah, blah, blah. And Jonathan
00:12:45.500 Turley's informing us that if you enrich your family members, that's still the crime family,
00:12:54.600 right? If Joe Biden did something that made his brother and his son rich, or just made money,
00:13:01.440 that's still the same crime. It doesn't matter if he personally got it, but he also personally got it.
00:13:07.640 If you ask me, this is the most well-documented series of events in America. We know exactly what
00:13:15.740 Hunter Biden did. We know who Joe met with. We know when. We know the entire flow of money from,
00:13:24.020 you know, let's say, dark Chinese sources right through the shell accounts and right into Joe Biden's 0.51
00:13:32.380 pocket. We know all of it. The only reason that we're sort of ignoring it is that there are people
00:13:38.480 like Abby Phillip who want to pretend that somehow there's nothing there. But they have to do that
00:13:45.520 because they also pretended they couldn't tell that he had dementia. So imagine the situation with the
00:13:55.480 fake news that they're just being beaten up like crazy, just getting beaten up for hiding the fact
00:14:05.180 that Biden was obviously, you know, not mentally capable. And now they're also hiding the fact
00:14:13.280 that the Biden crime family was not just a thing. It's the most well-documented thing we've ever seen
00:14:19.580 ever. It's so well-documented. So if they have to admit that they intentionally ignored all the solid
00:14:29.560 evidence of, you know, the Biden crime family, that's on top of ignoring the other massively obvious
00:14:36.840 thing that he had, mental decline. So I can see why they dig in and not have a second thing. But how are
00:14:43.760 they doing? Let's see. How are the ratings? Let's see. The AP reports, you know, in the gateway pundit
00:14:50.240 was talking about this, that MSNBC was down 54% from pre-election. CNN is down 45% from pre-election.
00:15:02.540 So I think that's just telling you that people got all they needed from the election stuff. And then
00:15:08.760 when the election was over, they had less interest. So they watched less news, right? That makes sense.
00:15:13.760 You know, you're all at, you're all interested before the election. That's when all the fighting
00:15:19.120 over who's going to win. But then when it's over, well, it's just Christmas and moving on to other
00:15:24.440 things. So it completely makes sense that temporarily, you know, temporarily, there'd be a little lull
00:15:30.060 in their ratings, right? So while CNN was down 45% and MSNBC was down 54%, obviously over at Fox News,
00:15:39.460 they would also be up 13%. Up 13%. Who's saying this? Oh, Neera? Yeah. So some people are mad at me
00:16:00.120 because I agreed with somebody who had other opinions I don't agree with. Does that make sense?
00:16:05.620 Is it okay if I agree with one thing and disagree with other things? Apparently that's not allowed,
00:16:14.360 right? Yeah. You have to just be in a team and you have to act stupid. So if I have to be stupid to
00:16:20.180 be part of a team, I don't want to be on the team. If I, if I could be smart and be on the team,
00:16:25.760 I'll do it. If it's a good team. All right. So I think that maybe the decline in MSNBC and CNN
00:16:33.600 could be partly because they're negative, meaning that all they're talking about is the end of the
00:16:39.880 world because Trump won. And if you go to Fox News, they're literally talking about the golden age
00:16:44.900 and how everything's going to be fixed pretty soon.
00:16:47.320 Which would you rather watch? Everything's bad or everything's good? I think there's a reason that
00:16:54.680 Fox News is doing well. But secondly, once the dust settled, you could see that the Fox News
00:17:01.620 pundits were largely correct in their predictions that Trump had the better ideas and it looked like
00:17:09.400 he was going to win. And then you would look at the MSNBC and CNN reporting and the pundits and you'd say,
00:17:16.080 were all of them wrong? Or were they just, were they lying? Or were they all wrong? But you would
00:17:23.960 certainly know by now that if you got your knowledge about the world from two of those sources, that
00:17:30.860 two of those sources were completely wrong about everything. So maybe people noticed,
00:17:40.160 maybe that's why the ratings are down.
00:17:41.920 When I found out my friend got a great deal on a wool coat from winners,
00:17:45.360 I started wondering, is every fabulous item I see from winners? Like that woman over there with 1.00
00:17:51.920 the designer jeans. Are those from winners? Ooh, or those beautiful gold earrings? Did she pay full
00:17:57.740 price? Or that leather tote? Or that cashmere sweater? Or those knee-high boots? That dress?
00:18:02.980 That jacket? Those shoes? Is anyone paying full price for anything?
00:18:07.160 Stop wondering. Start winning. Winners. Find fabulous for less.
00:18:12.620 Anyway, the Gateway Pundit says that the January 6th political prisoners are going to launch a
00:18:17.600 $50 billion class action lawsuit against the Department of Justice. And here's one sentence
00:18:24.660 from that report. Gateway Pundit is reporting on that. According to Federal Watchdog, the plaintiffs were,
00:18:30.740 quote, hunted down like animals by the FBI for peacefully protesting. Hunted. Hmm. So I like to point
00:18:42.940 out, as often as possible, that in 2020, before the election, I said that if Biden won, Republicans
00:18:50.100 would be hunted. Can I take a victory lap? I was mercifully mocked. But my post on that was
00:18:59.620 taken and put into the media and a number of left-wing things just to laugh at it. Just to laugh at me.
00:19:08.040 They didn't say, they never said, here are the reasons why you might be wrong.
00:19:12.740 They just mocked me for saying that Republicans would be hunted. And then they were. Not every
00:19:21.100 Republican, obviously. That wouldn't have been possible. But if the January 6th prisoners actually
00:19:28.800 won this class action, I'm thinking they would have a low chance of winning. Are there any lawyers
00:19:35.460 here who could weigh in on this? Are you a lawyer who could say, huh, I think they have a chance to
00:19:42.080 get that? Or is it more of a sort of a Hail Mary? They're not really going to win that. What do you
00:19:47.860 think? I don't know. But if they do win, they're going to get reparations.
00:19:58.160 They're going to get reparations. And what happens to the black Americans who are looking for slavery 0.97
00:20:05.460 reparations if 1,500 largely white Americans get paid reparations for January 6th? It's not going to
00:20:16.080 make everybody happy. It would make me happy. I'd be very happy if they got what they asked for.
00:20:22.500 I wouldn't want to pay for it. I guess I'd be the one paying for it as well as taxpayers. So I don't
00:20:27.640 want to pay for it. But if you ask me, do they deserve compensation? I would say yes. Yes, I do.
00:20:35.600 So the question of do they deserve compensation for the government? Hell yes. Just as much as the
00:20:41.980 Japanese American citizens were rounded up under FDR. Yes. Yes and yes. I think that if several 0.59
00:20:49.400 generations went by, I probably would say, I think you need to let that go. So just so I'm being
00:20:56.100 consistent. There is sometimes time matters. These people are in the middle of their lives. So I think
00:21:05.580 reparations are appropriate. So Elon Musk predicts that we will have AGI sooner than other people. He
00:21:15.560 said AGI is artificial general intelligence. What we have now is just AI that's sort of pattern
00:21:22.660 recognition AI. The general intelligence would be smarter than people. And Elon said, one could debate
00:21:31.760 whether it will be smarter than any human by the end of next year or if it will take two or three
00:21:36.500 years, but it won't be more than five. He obviously knows a lot more than I do and most of you do on
00:21:44.860 AI and what's possible and what they're working on. But to the best of my knowledge, nobody has any kind
00:21:51.720 of breakthrough or technology that would even put you on the path to AGI. So what I don't know is if
00:21:59.400 you just kept doing the large language models and maybe you tweak it a little bit, do they ever get
00:22:05.940 to the point where they're as good as AGI or is that a completely different architecture and chips
00:22:12.700 and everything else? And nobody's invented it. So it's not like we're 1% of the way there because
00:22:18.860 we don't even know how to get there. So I'm not going to bet against Elon Musk on AI.
00:22:26.560 Is that fair? But I also don't see any way that this is going to happen.
00:22:33.580 And I'm trying to square this with what Naval predicts, that AI will never be smarter than
00:22:40.500 collectively humans, I guess. I'm not sure if I don't think I'm expressing his opinion quite right,
00:22:48.300 but I'd love to know if they're on the same page. I guess that's a better way to say it.
00:22:52.760 Because I've been commonsensically, which means I don't have deep knowledge of the field,
00:23:00.760 but commonsensically, I can't see how we'll get to computers being smarter than humans in ways that
00:23:07.440 we care about. Certainly, it'll know more and it'll operate faster and it'll find patterns faster.
00:23:13.460 So it'll do all the things that computers can do faster than humans. So that's obvious. But we'll
00:23:19.800 be able to reason the way we do. Because even humans can't agree what that would look like.
00:23:28.440 In a few minutes, I'm going to talk about what happened with the debate about foreign workers.
00:23:33.720 And the one thing you should take away from it is if AGI weighed into that argument,
00:23:41.400 what would its opinion be? Just think about it. If AGI, this advanced general intelligence,
00:23:52.240 artificial, if it weighed into that argument, which viewpoint would it take? And then if it took
00:23:59.880 a viewpoint, would the people on the other side say, well, yeah, darn, I thought I had a good point.
00:24:06.700 But now the artificial general intelligence, which is so much smarter than me, has told me that my
00:24:12.100 views on this topic are wrong. So I guess I'll change my mind. Because the AGI is just so much
00:24:17.520 smarter. In no world can that happen. In the human world, the people who are on the other side from
00:24:24.460 whatever the AGI says will say, you'd better fix that AGI. And by the way, did you tweak that thing
00:24:30.940 just to give you what you wanted? I don't even believe that's AGI. I think you've got your finger
00:24:35.120 on the scale. I think AGI is fake. I don't even think it's real. I think you're saying it's AGI,
00:24:40.780 but you're really telling it what to say so that you can blame the AGI instead of the people behind
00:24:45.780 who programmed it. You frauds. I want you all dead and in jail. That's how the real world works.
00:24:53.700 But do you see some world in which AGI is going to wade into one of these important, important issues?
00:25:00.140 And then we're all going to say, oh, yeah, well, I hadn't thought about it that way. But
00:25:04.160 now that I see how much smarter you are. Yeah. Yeah. If you can watch the debate about engineers and
00:25:14.200 engineering and you see Elon Musk's view, far more complete than almost any of our views,
00:25:23.600 definitely knows more than we do about not only the foreign worker situation, partly because he was
00:25:29.020 one, and certainly he knows about what their fate is and how soon before they're replaced by AI,
00:25:36.440 et cetera. If you disagree with Elon Musk, just think how different that would be if you were just
00:25:43.520 disagreeing with AGI, it'd be the same. It'd be exactly the same. If you plop Elon Musk into the
00:25:51.580 middle of a national debate in which he knows more than you do, and he's way smarter than you,
00:25:57.160 most of you, he's way smarter than me, right? If he's way smarter and he knows more than I do about
00:26:04.100 the topic, shouldn't I just agree with him? If it were AGI, would I just say, oh, well, you know more
00:26:11.460 than I do? I'll just agree with you. I don't think it works that way. If you can't trust somebody who
00:26:19.060 is way smarter than you and way more well-informed, why would you ever trust AGI? So it might be
00:26:26.320 technically possible that AGI could be way smarter than humans. We will never know it because we will
00:26:33.760 argue that it must be flawed. Do any of you remember when GPS in your car was brand new
00:26:41.220 and it would tell you to go somewhere and you would argue with it? That's the wrong way.
00:26:46.600 Sometimes you were right. It would be like that.
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00:27:51.960 Anyway, let's talk about the big brouhaha of which I think I caused a lot of it yesterday.
00:27:59.580 I'll tell you all the things that I know to be true, and I'm going to ask you some provocative
00:28:03.480 questions so that you can think deeper about the subject of foreign workers in the United States.
00:28:09.220 Now, let me just give you, let me tell you how the news talked about it. So Kelly Risman, writing for
00:28:17.520 The Independent, said that, Musk says, the hateful, unrepentant racists must be removed from a
00:28:26.240 Republican Party. Now, he did say that. The hateful, unrepentant racists must be removed. How would you
00:28:34.540 remove anybody from a party that anybody can sign up for? So I don't know that that's not really a
00:28:41.920 thing, is it? How would you remove anybody from your party? I don't know what that means. But let me
00:28:50.480 interpret it. I'm going to use my reading comprehension to sort out what it must mean.
00:28:56.960 What it must mean is we should, we who are not in that small group, should not tolerate them or give
00:29:05.580 them oxygen, I suppose. No, that seems fair. Then the report says that Scott Adams, creator of the
00:29:14.520 comics for Dilbert, chimed in. Chimed in? Why is it that everybody else is just giving their opinion,
00:29:21.740 but I'm chiming in? Am I not to be taken seriously? I'm just a chimer inner? Hey,
00:29:30.200 can't I be more than that? So whenever I get introduced as the comic strip guy, and then they
00:29:36.620 say I'm involved in any kind of important question, they always assume that I'm bringing only my
00:29:43.120 cartooning experience to the question, and I chimed in. So chimed in. So Kelly Risman,
00:29:52.700 don't appreciate that language. Anyway, not that it bothers me, really, one way or the other. It's
00:30:00.880 just the word you wouldn't use for anybody else. I don't think you would say Elon Musk chimed in,
00:30:07.320 right? You wouldn't say that. You would just say he had an opinion.
00:30:17.120 And what I said was in a post, I said that the MAGA Republicans are taking a page from Democrats on
00:30:23.760 how to lose elections while feeling good about themselves, which I did. And then Elon commented
00:30:32.400 on that, and he said, yes, and those contemptible fools must be removed from the Republican Party
00:30:38.700 root and stem. Those contemptible fools. And then a lot of Republicans, or they might have been
00:30:47.520 paid trolls, I can't tell, pretended that they heard what he said differently than what he said.
00:30:53.260 So when he talked about those contemptible fools, a whole bunch of people said, he's calling
00:30:59.080 everybody in MAGA a contemptible fool, which of course he isn't. And anybody with an IQ over 80
00:31:06.040 knows it. But in these internet fights, we always pretend that if anybody says there are three people
00:31:12.480 in your group who did something wrong, why are you saying every person in my group did something wrong?
00:31:18.040 All right. So there should be a word, there should be like a label for that so that you could dismiss
00:31:23.500 people who do that. Probably half of all the people who thought they were debating with me yesterday
00:31:30.740 were pretending they couldn't tell the difference between saying some members of the group are
00:31:36.680 in a line, according to somebody's opinion, versus all members of the group are defective.
00:31:43.460 How many of you thought that Elon Musk was talking about MAGA in general when he made any of his
00:31:48.980 comments? Now, I know my audience is keyed in and they know that he wasn't talking about them,
00:31:54.160 but so many people just pretended. I think Laura Loomer might've been one of them. It was ridiculous.
00:32:04.240 So that's also a Democrat thing. So Republicans are sort of taking a page out of the Democrat playbook
00:32:11.000 of, you know, losing but feeling good. Now, what I mean by losing but feeling good is that the
00:32:18.820 question, there were, I think, at least three separate conversations and people were conflating
00:32:26.860 them so they could make irrational criticisms of other people. So that would be me like saying,
00:32:34.600 oh, you like, you like sunny weather, do you? No. But you also like toasters. So, I mean, all right,
00:32:45.580 never mind. So then when Elon Musk clarified in a follow-up post that when he said contemptible
00:32:54.940 fools, he was referring to, quote, those in the Republican Party who are hateful, unrepentant racists.
00:33:00.880 They will absolutely be the downfall of the Republican Party if they are not removed.
00:33:05.780 Now, the first thing you need to know is that the conversation on X was just flooded with
00:33:13.500 professional or organized trolls. The professional and organized trolls sometimes might be Democrats
00:33:22.420 sending people to cause trouble, might be somebody in the Republican Party who's got something to
00:33:28.620 prove. But they were obvious trolls and they were the ones who were most racist. So the first thing
00:33:35.260 you need to know is that a lot of the people pretending to be MAGA-oriented racists probably
00:33:42.220 could have been fake. They could have been sent by somebody to make the MAGA people fight with each
00:33:47.860 other and look bad. There are definitely some members of the Republican MAGA world that some of us would
00:33:56.360 call a racist. That's obviously true. And Democrats as well and independents as well. Basically every
00:34:02.360 group in America. And no exceptions. Every group has its racists in it. So that's not the question.
00:34:08.840 The question is whether the people we were seeing yesterday represented anything but trolls.
00:34:14.360 And I don't know. I actually don't know if even one of the really negative comments that I got
00:34:22.120 yesterday were real. But when I posted that people should be aware that a lot of what looks like
00:34:27.740 looks like disagreement online is literally just paid trolls trying to make it look like there's
00:34:33.340 disagreement online. Now, when I said that, I didn't have proof because I was just doing pattern
00:34:40.400 recognition. And somebody asked me, how can you tell somebody who's a troll, Scott? I can tell and
00:34:46.520 I'm not going to tell you how in public. Because if I told you, they would change. Because it wouldn't
00:34:52.020 be hard to not look like a troll. They just don't know that they're looking like trolls. So once you
00:34:57.180 notice the pattern, you can go, oh, I see what's going on. So I noticed the pattern because I've been
00:35:03.240 in this before. So in 2016, I was massively attacked by paid trolls. Later, we learned
00:35:09.900 who paid them and that they were organized and that they did go after people like me.
00:35:14.400 So it seemed like I was just maybe imagining it in 2016, but it was confirmed. It was exactly what
00:35:20.040 I thought. And since then, there have been other waves of trolls. And now I recognize them. I go, oh,
00:35:26.440 oh, it's one of those. I got it. So to my comment that the trolls might be making it look like there's
00:35:35.820 more of a disagreement than there is, Elon Musk weighed in and said that, yes, they had detected
00:35:44.260 massive organized trolls and that they were, quote, nuking them.
00:35:48.260 All right. So let me talk to this guy in all caps. We are not fake. We are not racist. We want all
00:35:59.220 immigration stoked. Stoped. And all these systems, stop pretending you don't know what is going on. 0.94
00:36:08.240 Now, I'm going to use you as an exhibit A of the idiots online. Do you think that I have pretended
00:36:15.740 that I don't understand that the H1B system and the related systems are being gamed and that they're
00:36:24.080 not giving us what we want? I say it out loud and I say it often, but if you just saw one post that I
00:36:32.440 made and it didn't happen to have that topic included, you might say to yourself, why doesn't
00:36:37.980 he understand that the real issue is that the current system is broken? Let me say this as clearly as I
00:36:45.080 possibly can. I'm pretty sure everybody knows the current system is broken. I have not yet met one
00:36:51.200 person who was unaware of that. It's not me. I'm not aware of that. I'm not unaware that the system
00:36:56.640 is broken. It's the most common things people are saying. So when you were screaming at me in the
00:37:02.140 comments in all caps, had you done some research to figure out what my opinion was? Or did you think
00:37:07.840 that if I was talking about A, I'd never heard a B? Because sometimes you can talk about things
00:37:13.800 without mentioning everything else in the world. Sometimes you can just talk about the thing that
00:37:19.060 you're interested in and other people can talk about the things they're interested in and they
00:37:23.160 might be related, but I don't really need to talk about everything when I talk about one thing.
00:37:28.480 So let me talk about one thing and show you how this works. Here's some of the things that we know
00:37:34.920 for sure and that I'm going to tell you some things we don't know for sure. We know for sure
00:37:40.020 that if you have a system and we don't, and we don't, we don't have a system, we do not have a
00:37:47.420 system, but if we did, that could get us the top 0.01 engineers and that's it, just that, that we would
00:37:56.920 be a much, a much stronger country. We'd be safer. We'd have more money. And the total number of 0.01
00:38:05.960 engineers that would enter the country would be so small, they would have no impact on the average
00:38:12.020 person getting a job or anybody else. Because they would literally be filling positions that
00:38:17.020 nobody could fill because you run out of the 0.01 top engineers pretty quickly. Now that can be true
00:38:25.120 as a universal statement that's common sense and obvious to everyone, that the top 0.01 percent.
00:38:31.560 Now, if you're wondering how much of a difference that makes, I think 51% of the, you know, top
00:38:37.540 billion dollar startups were foreign born people. So if you get the top people, they just nail it and
00:38:44.540 kill it. And everybody gets more jobs and the country gets stronger. We can pay for a stronger
00:38:48.820 military and we're all safer. It's also true that if you look at the history of the United States,
00:38:55.660 and by the way, if you're, if you want to jump in and yell at me because I've not yet gotten to your
00:39:02.060 pet point, just give me a minute. Just give me a minute. I'll try to hit your point. But if I talk
00:39:09.180 about A, it doesn't mean I don't know B exists. Let's try to learn that. If you can learn that lesson,
00:39:14.880 that would go a long way. Talking about A doesn't mean you don't care or don't know about B, okay?
00:39:20.720 So A, in this case, is that if you could find a system that only got you the top 0.01 percent of
00:39:28.860 engineers, you would be the superpower forever and you'd be in good shape. B is do we have a system
00:39:38.060 that can do that? Nope. No. Now I'm no expert on it. So I'll take the word of all the people who seem
00:39:45.260 to be close to it who seem to agree on this point. Are you okay with that? Do you mind if I say
00:39:52.880 that if we could do it, it would be the best thing we could do? We do not have a mechanism that does it.
00:40:00.240 In fact, it does the opposite and brings in lots of people who probably are competing with American 0.95
00:40:05.440 jobs. So which part do you disagree with? Can both of those be true? So most of my conversation was
00:40:13.320 because it was bugging me that people didn't understand how much horsepower a top 0.01 percent
00:40:21.500 engineer can bring to a situation. I don't think people have a good understanding that the leverage
00:40:27.920 in that is just off the charts. It's not like bringing in just people who are good at their job.
00:40:34.240 That's a whole different conversation, right? So that's the first thing you need to know.
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00:41:04.920 Conditions apply. And then Grumpy Dad showed me the messy thinking. So I want to just read his
00:41:13.680 comments and you'll see how the two things, the A and the B, get conflated into one thing.
00:41:20.520 All right. So Grumpy Dad on X says, the first major misstep of what Scott would call the internet dads,
00:41:27.320 and that would include me, the bring in the 1% and the H-1B fraud issue are the same.
00:41:33.080 You can't make the meritocracy argument until there is a level playing field.
00:41:37.860 They led to the wrong argument. Okay. So the internet dads, I was watching them operate all
00:41:45.360 yesterday. Some of them were not fully informed on some of the issues. As they weighed in,
00:41:55.180 other people who were better informed corrected them, added things. And then you watch people
00:42:01.300 start modifying their opinions based on new information that we're getting, extra context.
00:42:07.160 But the internet dads, basically the smart people on the internet who were not being paid for their
00:42:13.780 opinion, which includes, let's call them the internet moms as well, or just men and women. 0.96
00:42:19.920 But I don't think any of them are confused that there are two topics. When Grumpy Dad says they must
00:42:31.160 be treated as one topic, I say, that's just muddy thinking. It's muddy thinking. To say that you can't
00:42:38.660 say it's a good idea to have the 0.01, and also it's a good idea to fix the broken system.
00:42:44.360 To me, that's clean thinking. But if you say you have to treat it as one thing, I say, well,
00:42:51.800 that's messy. I get what he's saying. I obviously understand it. He's saying basically the priority
00:42:58.580 is to fix the H-1B. And I don't disagree with that. I'm not even in that conversation. 0.85
00:43:05.460 If you think that's a priority, all right, we'll talk about that more, but I'm not disagreeing.
00:43:11.580 I'm just saying they're separate, separate conversations. But related, of course.
00:43:19.120 And ironically, a lot of my critics yesterday weighed in, as Grumpy Dad did, to tell me that
00:43:26.920 I don't understand that the goal and the system are different things.
00:43:30.120 Now, those of you who have been with me for a while, just try to grasp the irony of that.
00:43:40.880 I'm literally the most famous person in the world for saying that goals and systems are different
00:43:46.660 and that the system is more important than the goal. And my critics said, I don't think you
00:43:51.380 understand that the goal and the system are different in this case.
00:43:54.000 No. I've written books on the goal of the system are different. I've also written books saying the
00:44:04.700 system's the important thing. If you get the system right, well, then maybe your goal or something like
00:44:10.700 it is likely to happen. If you're starting with a goal and you don't have a system, then you don't
00:44:16.320 have anything. I'm literally world famous for that point of view. And all day long, people are saying,
00:44:25.140 I don't think you understand that the goal and the system are different. Yes, I understand it.
00:44:30.140 I get it. All right. So here's the things that I would say that nobody who is well-informed would
00:44:37.840 disagree with. That if you could, and we can't in our current system, get the top engineers, we'd be
00:44:43.960 better off. Is there anybody who thinks that that's not true? Does anybody want to argue at
00:44:48.980 just that point? I want to see in the comments. Is there a pushback to the question, if you could
00:44:54.460 do it without affecting anything else and you had a way to get the top engineers, would we be better
00:45:00.940 off? Now, there were a few people who said no. I think Jesse Kelly was one of them. So the second
00:45:09.040 thing that happened in this debate is it was a reason for people who had old scores to settle
00:45:14.320 to say bad things about their enemies. So Cat Turd came after me and I think maybe Jesse Kelly said
00:45:22.220 something dumb. And you'd have to know there's some bad blood there. Now, I consider both of those guys
00:45:30.820 idiots. So if I can be blunt, Cat Turd is an idiot. He doesn't get things right. He got a whole Crenshaw
00:45:39.800 thing wrong about his stock trading. No, about his donations. So he had like all the context wrong
00:45:49.180 and he goes after Crenshaw and Crenshaw had to basically flame him on Christmas day because he
00:45:54.720 got everything wrong. Cat Turd is an idiot. He's very entertaining. So if you're watching it for the
00:46:00.180 entertainment, yeah, why not? But he's not smart and his takes are not good. And Jesse Kelly argued
00:46:10.800 that literally nobody should come into the country because it's like the Titanic is sinking. You know,
00:46:17.560 why would you throw another glass of water at the Titanic? Now, you know what I say about analogies,
00:46:22.940 right? You use an analogy when there's no argument. Nobody uses an analogy if they have a reason.
00:46:30.180 Like an argument with reason. So if you tell me that your argument is the Titanic can't handle a glass
00:46:36.580 of water, I'm not going to take anything you say seriously. That's just an idiot. So taking care of
00:46:43.700 the idiots on the internet, that's sort of a side controversy. But so let's see. And then Elon said,
00:46:54.140 more to confuse things, he said that we wouldn't be a great country without H-1B visas.
00:47:04.500 And, you know, basically you wouldn't have people like him and a lot of the success we have.
00:47:09.260 Now, did people say there, oh, wait a minute, Scott, I thought you were talking about the 0.01%
00:47:15.820 of engineers. Now he's talking about H-1B visas. And that's, that's like just workers in general,
00:47:21.840 mostly. So did I get that wrong? No. Again, reading comprehension is very important. When Elon says
00:47:30.100 we wouldn't be a great country without H-1B visas, is he talking about the future or the past? 1.00
00:47:37.520 That's the past. He's saying that the way we got here is with H-1B visas. Is he correct? Yeah. Yeah. 1.00
00:47:46.680 He's correct in terms of the GDP and the big companies that got created and how we can fund
00:47:54.260 our military. Is it true that Americans lost some jobs because of the H-1B visas? I assume so. 1.00
00:48:02.460 I assume so. Here's what people who are not good at analysis often get wrong. What has been true up
00:48:12.260 until now doesn't need to be true in the future because things change. So I told you yesterday that
00:48:19.360 my opinion of how many people should be let in with their valuable skills has changed since Biden's
00:48:26.200 term. Before Biden, I would have said, Hey, anybody who's additive, bring them in, you know,
00:48:35.180 and additive meaning they had some skill, they could pay their taxes. They could, you know,
00:48:41.720 their kids would do well in school and become productive citizens. So to me, it seemed like
00:48:46.640 business as usual, let in anybody who can add and make sure you don't let in anybody who's going to
00:48:51.780 be a drag on the system. But after watching 25 million illegal people come in recently and Biden
00:49:00.460 opening the borders, I think you have to, the history no longer, the history no longer informs
00:49:06.460 what you should do. At this point, given especially that MAGA had a very strong opinion about immigration
00:49:15.240 and won, it wouldn't matter what my opinion was. So if my opinion was, yeah, we should just take
00:49:22.420 everybody who looks like they could add, but MAGA won and MAGA definitely doesn't want that because 1.00
00:49:28.300 they don't want these people competing with American jobs. I would say, yeah, MAGA should get what they
00:49:33.380 want because that's what winning is. That's the whole point. So it wouldn't matter even if I thought that
00:49:40.120 we're not living in the past. It can be true that the H-1B visas made us the strong country we are 0.99
00:49:48.180 at the cost of some number of American jobs, which is important. But it's also true that we don't have
00:49:55.740 to look to that to figure out what to do going forward. I think the safe thing is that we're always
00:50:01.540 better with the 0.01 top engineers. Are we better off if we bring in an optometrist? The optometrist
00:50:10.020 will just take the job from an American optometrist, maybe. I don't know. So it's a different question
00:50:16.080 from what it used to be. And when Elon makes big comments about things, you're going to have to
00:50:23.160 add your reading comprehension to know what he's really saying.
00:50:26.240 All right. There's also the... There's so many elements to this.
00:50:39.980 The other thing you need to know is that this is probably a short-term conversation
00:50:44.460 because nearly all the jobs we're talking about in which a foreign worker would take an American job,
00:50:50.920 those are all going to be gone in 18 months. So the job goes from the American to the Indian, 0.99
00:50:57.360 and then the Indian job will go to the AI, guaranteed. So it's not like India permanently 0.57
00:51:04.500 took the jobs. There was only 18 months left of those jobs. So we were at the end of the cycle
00:51:09.960 for anybody who could have those kinds of jobs that AI is going to easily take.
00:51:15.520 So yeah, so you have to put it in context. It's still important.
00:51:20.920 But it's important for maybe 18 months. We have a much bigger problem with AI than we do with
00:51:26.540 foreign workers. And then in the middle of that is the fact that you're ordinary, 0.99
00:51:32.660 not top 0.01% engineers, you're ordinary people. If they were white and they were male, 0.67
00:51:39.400 they were being discriminated against and they didn't get any jobs. The other issue that...
00:51:44.300 which is obviously something I care about. And the other issue that people pointed out
00:51:50.840 is that if you hire enough people from one demographic group and they get into management,
00:51:56.860 that they start hiring only people in their own demographic group. Now, the examples given were
00:52:03.100 people had a bunch of Indian and Indian American people got into management and then they noticed,
00:52:10.040 hey, they're just hiring more Indian people now. Is that a real thing? I assume so. Because that 0.97
00:52:17.840 would be universally true. If you had a lot of black people in management, do you think that they would 1.00
00:52:24.480 hire more black employees than some other group? Probably. Probably normal. If you had anybody of any 1.00
00:52:32.360 demographic group in charge, LGBTQ, you name it, women. Let's say most of them were women in management. 1.00
00:52:38.940 Do you think that they would hire more women than a group that didn't have mostly women in
00:52:43.720 management? It's not good. It's discrimination, but it's also universal. So it's not just that the,
00:52:53.960 you know, Indians are getting into management and squeezing out the white people. It's everybody 1.00
00:52:59.040 who's in management is squeezing out everybody else except white males. White males try to squeeze 0.66
00:53:06.060 out white males because that's how they get ahead. We get ahead by eating our own. Unfortunately, 0.97
00:53:14.100 that's the only way we get ahead. So it's universally true. Anyway, did you know that,
00:53:26.480 oh, and then we were also conflating the hiring of Indian workers and foreign workers in general
00:53:35.380 with the issue of offshoring, which is separate. And all right, so here's my questions for you.
00:53:42.740 So my take on the H-1B visas and how to fix it, how to fix the immigration in general,
00:53:48.780 is that we need to get a team of somewhat independent economists who will tell us what's
00:53:55.380 best for us and who the winners and losers would be with any given change to our immigration
00:54:02.760 stature. So here are questions that I can't answer, and I have a background in economics,
00:54:09.980 economics. But I want to see if you can. If you can't answer these questions,
00:54:15.660 spoiler, you will not be able to answer these questions. But if you can't answer these questions,
00:54:22.380 then consider the certainty with which you hold your opinion. Consider the certainty, all right?
00:54:30.640 If you'd nail these questions, which you will not because they're impossible,
00:54:35.380 then you should have a firm, confident opinion. But if you can't get them,
00:54:42.320 maybe you should just say, I'm not so sure. All right? Question number one.
00:54:49.260 Would we be better, America, under the current situation?
00:54:54.620 We bring in foreign workers at lower wages, in many cases, than American workers, lower wages, 1.00
00:55:03.440 and subsequently, because the wages are lower, it helps the industries that are hiring them to be
00:55:11.060 more successful. And then the stockholders of those companies have more money, and then they spend
00:55:18.260 it. And because there's more money in the system, people can invest in new businesses and startups
00:55:26.020 and create jobs. So if you bring in foreign workers, and before you get mad at me, this isn't the only
00:55:34.860 question. So you'll get a question that you like in a moment. So low wages gives you more successful
00:55:43.280 companies, which gives you a better economy. Better economy gives you a stronger military,
00:55:50.580 and protects the country. The cost of that, though, would be American workers would be displaced,
00:55:58.800 because they would be replaced by some number of low cost foreign workers, but wouldn't be everybody.
00:56:04.420 It would be certain industries, certain kind of jobs. And then those people would be by necessity,
00:56:12.040 trained for other jobs. Right? So that's one world. So the one world, I guess that would be the
00:56:19.100 current world, right? So we bring in the low cost foreign workers, gives the company some better 0.92
00:56:26.900 chance to succeed, but it's at the cost of American workers. All right, so that's one situation. Now
00:56:35.200 compare that. Compare that with the opposite, that we don't bring any low cost employees in,
00:56:46.140 and we just keep American workers. So what would that do to your costs for goods? It would increase
00:56:54.900 them. So you'd have a job, but everything would cost more, and probably a lot more, because labor is a
00:57:01.500 big part of everything. So you've got a job, but there's way more higher costs. Is that good for you,
00:57:11.880 or bad for you? It's good for you. It's way better to have a job than it is to have prices that are
00:57:18.920 perfectly low like you like. You'd rather be employed. So if you're the worker who loses the
00:57:24.280 job, it's definitely better for you to keep the job, even if it means that some prices are higher.
00:57:31.380 But the prices are higher means that your companies will eventually go out of business,
00:57:36.940 because if they're competing against international companies, they might hire the low cost employees
00:57:43.980 and then out-compete you. So if you protect the employees' profits, you probably cripple the business
00:57:54.160 and in the long run, go out of business. Now, is that better?
00:58:00.640 So what I'm suggesting is that even the top economists could not answer these questions.
00:58:10.600 Is the country in general better off when there's pressure on employees who are not competitive in
00:58:18.380 the world market have to leave and build skills to make them competitive? It's a dog-eat-dog cruel,
00:58:25.860 and I'm not recommending it. I'm just asking, is that better?
00:58:28.300 The answer is you can't tell, because would you rather be an unemployed person in a vibrant and
00:58:37.080 growing economy or an employed person in a constipated and dying economy? Which would you
00:58:45.960 prefer? In the short run, you'd prefer to be employed. In the long run, you're way better off
00:58:53.700 being unemployed in a vibrant, growing economy, because you can learn some new skills and then
00:58:58.980 jump into the vibrant economy and do better than you were doing before. So to what degree
00:59:05.560 do these abusive H-1B situations, which bring in these cheaper workers, to what degree do they hurt
00:59:14.200 you in the short run? They're terrible in the short run because Americans lose jobs, and I don't like that.
00:59:19.840 But do Americans lose jobs in the long run, or do they retool and get better jobs?
00:59:28.580 Well, I would argue that America has been doing pretty substantial immigration since its founding.
00:59:36.880 And while immigration has gone up pretty consistently, so has the number of jobs.
00:59:45.900 Now, does that surprise you? So for every, well, maybe, you know, maybe the depression was different
00:59:53.520 or something. But generally speaking, immigration goes up, and the economy in general goes up, and the
01:00:00.340 number of jobs go up at the same time. And that's not a coincidence, because we're bringing in lots of
01:00:05.760 people to add more vitality to the thing. So here's the thing. If you're a high-level economist,
01:00:13.440 and you're disagreeing with how I'm setting this up, well, you've got a good point, because you're
01:00:18.580 a high-level economist, and I'm not. I just studied economics. If you're not an economist, and you have
01:00:25.360 a strong opinion which of those two things is better for America, not just the worker in the short run,
01:00:32.080 we can all agree that in the short run, the worker is just getting screwed. No argument about that.
01:00:41.040 But does it put a productive pressure on the people who got screwed? Productive means they say,
01:00:48.640 damn it, I guess I need a new skill. And they go out and learn a new skill and get a new job.
01:00:53.100 I don't know. See, the point is that if I don't know, and I've studied a little bit of economics,
01:01:02.620 if you studied no economics, you probably should be less confident than I am. I'm not confident that
01:01:10.540 I know the answer to these questions. I could tell you where my bias would be, but I'm not confident I
01:01:16.700 know the answer. If you're confident that you know America's better off if we don't bring in 0.98
01:01:23.020 people who are additive, I don't know where you would get that, because it's not in any data,
01:01:29.180 and it's not supported by any experts that I'm aware of. But it's a very common opinion. So,
01:01:38.860 bank more encores when you switch to a Scotiabank banking package.
01:01:42.380 Learn more at scotiabank.com slash banking packages. Conditions apply. Scotiabank. You're
01:01:49.580 richer than you think. Here's what I think. Given that we don't know the answer to that question,
01:01:56.060 there's a theoretical question, which is, which way should we go? But I would argue that that
01:02:03.020 question may have been answered, because the voters said, this is how we want it. They said,
01:02:08.380 we don't want foreign workers. I still think we'd be smart to take the 0.01% engineers. 1.00
01:02:15.100 But if you say, we don't want anybody else, just those 0.01% engineers, I would say, 0.95
01:02:21.740 you might be right. You might be wrong. But one thing I know for sure is that you had a process and
01:02:28.700 you chose. So you might be right, you might be wrong, but we are a country that allowed you to
01:02:34.540 compete on this issue. And you won. You won. So if the way it goes is that we tighten up all
01:02:43.580 immigration so there's no foreign workers, it raises prices in the United States, my prices go up. 1.00
01:02:51.020 I'm okay with that. If you are. I mean, it's what you voted for. And I live in a country where I
01:02:57.740 respect that. So even if I'm kind of leaning in the direction of, you know, I'm not so sure you're
01:03:03.500 exactly right about this in the long run, I'd still say you earned your right to try it your way.
01:03:11.500 Let me see if there's an analog. Let's see if this teaches us anything. Now, analogies,
01:03:17.980 of course, don't make arguments, but let's see if it deepens your understanding. In your view,
01:03:23.740 are unions in the United States good or bad? Let's see in the comments. How many of you think that
01:03:31.580 unions helped the United States? And how many think it hurt?
01:03:38.300 The answer is it depends. There are certainly industries such as telecom where there's a strong
01:03:45.820 union and yet still strong profitability. So strong union, good wages, strong profitability,
01:03:53.980 good for the country. Everybody wins, right? But are there other industries? Let's say the car
01:04:01.660 industry. I know, I know Musk has fought against some unionization. Others have too. Amazon, I think.
01:04:09.900 Does every, well, let me make this distinction. If you have a company that's almost a monopoly,
01:04:17.580 like telecom is because there's, there's a limit to how much spectrum is available. So telecom companies
01:04:24.460 are kind of close to being monopolies. You know, they own their spectrum and nobody else can use it and
01:04:30.380 et cetera. So if you have huge margins, then you can afford to have strong unions and strong employees.
01:04:39.740 Everybody wins. If you have small margins, such as what you might see in the Amazon,
01:04:46.380 or let's say the grocery business, then it wouldn't take much of a union increase in, 0.73
01:04:54.300 you know, increase in wages to put you out of business. So I would say that unions are good if
01:05:01.260 you've got a giant margin and they're bad. If you're so close to the margin that your entire
01:05:07.820 company will go underwater if you pay people, you know, union wages. So it depends. And, and I think
01:05:15.020 this, uh, I think that's how you should look at the foreign worker thing too. There gotta be,
01:05:21.580 there just have to be situations where everybody's better off, like an individual company or industry.
01:05:27.740 Let's say agriculture. Um, I do think it would be really hard to get Americans to fill some kinds
01:05:35.820 of jobs. Are we better off if we just say, all right, let the foreign workers, you know, pick the 1.00
01:05:41.500 fruit they want to, we don't want to. So there are probably situations in which for pockets of the
01:05:49.180 country, we'd rather have some foreign workers temporarily for some specific things. And there are
01:05:55.980 other places where guaranteed it's bad for American workers and we're not getting enough from it.
01:06:02.460 So if you wanted to say, forget all that nuance, this country is for Americans. Well, that's what
01:06:09.500 you got. You, you voted for that and you got it. I respect that. So I won't argue against it.
01:06:16.860 I will just tell you, I don't know if economists would be on the same side.
01:06:19.580 So one way or the other. Anyway, there's a, uh, did I cover all that? So here's just my summary of
01:06:29.500 that. Um, I did not see anybody online who disagreed with me. So I debated people angrily all day. I
01:06:39.180 didn't see anybody disagree. I saw people who imagined I was talking about H1B visas being great, 0.59
01:06:45.260 which I didn't. And they were mad. Um, I saw people who didn't understand that the 0.01% of top
01:06:52.460 engineers wouldn't add enough to the country to make any difference to employment. But I didn't see
01:06:58.700 anybody who said, I understand your argument and I disagree. I didn't see it. The only ones I saw were
01:07:05.660 the unrepentant racists who said, you can't add one more brown person to America. And I don't know how
01:07:12.380 many of them were idiots and how many of them were trolls. I don't know.
01:07:19.900 But on another topic, um, climate change dispatch, Kenneth Richard is writing, Richard is writing,
01:07:26.620 there's a new study, um, that since 2013, uh, that all the warming comes from increased absorbed
01:07:34.140 solar radiation, not CO2. So the idea here is that we've been looking at CO2 and it wasn't really
01:07:40.700 the thing that was driving anything. Now, I don't know if that's true. Um, cause I can't,
01:07:46.380 I can't look at a scientific study and know if it's true. What I do know is that when you read
01:07:50.620 through it, just get a sense of the complexity in figuring out what the climate is doing. So I'm
01:07:58.060 going to read, read you some words that I don't understand and you won't either,
01:08:01.340 just to get a sense of the assumptions that go into climate models, right? So it's a new study
01:08:08.780 published in journal science contends that the decrease in cloud albedo, whatever the hell that
01:08:14.940 is, and the consequent increase in ASR, whatever the hell that is, or absorbed solar radiation.
01:08:20.620 Oh, I guess that's what ASR is. Uh, blah, blah, blah. These numbers, blah, blah, blah. I don't understand.
01:08:25.420 Again, decade, according to era five, I don't know what it is. And Cirrus, I don't know what it is
01:08:30.380 respectively, explains the warming over the earth last decade. Anyway, point is that the total number
01:08:40.140 of assumptions that go into climate models is just through the roof. You can't have lots of
01:08:45.020 assumptions and also complexity and also a model that's telling you what the future is.
01:08:50.060 It is so far from something humans can accomplish that someday we're going to laugh that we had all
01:08:58.780 these climate models and we believe that they were telling us something. Now, I don't know what's true
01:09:03.980 or not true about climate change. I do know the models are bullshit. That much I know for sure.
01:09:11.980 All right. There's a study, uh, study finds says the hidden power of words, how language influences
01:09:18.780 reality. So depending on the words you use to describe a thing, it will change how you react
01:09:24.540 to it and what you see as your reality. Um, I think they could have saved some money on that study
01:09:33.980 because it's exactly what everybody already knows. You know, usually I say you should have just asked
01:09:39.820 Scott. This is one of those studies where I think you could have asked anybody. A random stranger on
01:09:47.500 the street. We're thinking of spending a bunch of money on a study, but I just want to see if maybe
01:09:51.820 you know the answer. Uh, do you think that the words you use to describe things change how people
01:09:57.260 think about them? And the random person on the street who's let's say he's a homeless person and
01:10:02.460 he's deeply on drugs? Ah, pretty sure it does. Ah, pretty sure it does. Really, you could have asked
01:10:11.100 anybody. Nobody would have gotten that wrong. All right. Um, of course, we love to talk about this
01:10:22.140 topic of how Democrats have more mental illness than Republicans and by a lot. Now, it's funny if you 0.51
01:10:29.420 talk about politics because then you can say, oh, the reason you're, you disagree with me is that you
01:10:34.300 have mental illness. Maybe that's some of it, but just imagine these two frames. If the only thing you
01:10:41.980 knew about Democrats and Republicans was the following thing, which one, which one would you
01:10:48.860 predict would be sad and have mental problems? One group believes that identity politics
01:10:55.260 means that your, your future is doomed to whatever your identity allows. And there'll be discrimination.
01:11:04.140 Can't really do much about it because your identity versus the people who say that merit is what matters.
01:11:13.100 You can always learn new skills and try harder and you'll do fine. So one group thinks that you're
01:11:18.620 doomed because of your identity. And the other group says, nobody's doomed. You just have to do the right
01:11:23.820 things and it's obvious and we'll tell you what to do. And everybody who succeeded did the same
01:11:27.740 thing. And if you just do what everybody does, you'll probably be fine. One of those is very
01:11:32.940 optimistic. You'll be fine. The other one is doom. Oh, you're, you were born in this ethnic group. Oh, 1.00
01:11:41.900 oh, I guess there's nothing that will ever go right for you. Oh, we'll have to change the law to make you
01:11:48.780 survive. And then of course there's the, you know, looking at the world versus looking at yourself all
01:11:55.500 the time. That also is a big factor and how sad or crazy you are. All right. What is racist about
01:12:04.700 wanting a white country? Really? What is racist about wanting a white country? Did you actually write that?
01:12:15.820 What? Here's what you mean to say. You didn't say it, but I'm going to, I'm going to interpret what
01:12:22.620 you meant to say. Racism isn't always bad. See, that's what people don't want to say in public. 0.75
01:12:31.820 If you're discriminating against somebody for their race or some immutable thing or religion or sexual
01:12:37.180 preference for job offers or romance or friendship or club entry or anything, that's all bad. I don't like
01:12:44.540 any of that. But are there any situations in which race is a factor in a way that we all agree? Oh,
01:12:52.220 that makes sense. Yes. Yes. When it comes to large group comparisons, well, let me put it this way.
01:13:04.460 This is my favorite example. If you're, if you're a young black family and you're trying to decide where
01:13:10.540 to move, what city to move to, would you find it safer to move to a place that has at least a good
01:13:19.100 solid, you know, 20% black population. So you'd find lots of people who are like you and,
01:13:24.060 you know, would understand you and, you know, would be more likely to invite you to do something if you
01:13:28.940 think that's how it works. Probably. Now, suppose I said, do you want to pick the city that is known to
01:13:35.660 have the highest KKK population in it? And they're all white. Would you pick that? No.
01:13:46.860 No. Would it be racist? Would it be racist to say, I don't want to live in that all white 1.00
01:13:52.300 place because there's a whole bunch of KKK people in there? Well, yes, it'd be a little racist. Would it
01:13:59.580 be wrong? Would it be wrong for a black family not to live where there's 20% KKK? No, that would be
01:14:07.660 completely reasonable. So we conflate, you know, individual discrimination against a person, which
01:14:16.780 is probably bad all the time. It's not good for the person doing it or the person who gets it done to
01:14:21.420 them with any kind of group dynamics, which definitely make a difference. If you were a
01:14:29.980 white person and you were looking for a job, would you apply to a company that had no white people in
01:14:36.860 management? I wouldn't, because it doesn't look like a good bet. But would that be racist? Yes,
01:14:44.300 of course it would. You're making a decision based on race. So the first thing we have to learn to grow
01:14:51.660 up is that racism against individuals is not the same topic as racism to protect yourself from
01:15:00.060 statistical harm. It's just not the same conversation. Anyway, so I think what happened
01:15:08.780 with the MAGA dust up and Elon Musk and me should come out productive, right? If we are true to our
01:15:17.980 beliefs, we will say, hey, that was a good fight. We all got smarter. How many of you learned something
01:15:24.860 about the foreign worker debate that you didn't know until this week? I did. I learned some things.
01:15:32.300 I wasn't wrong about anything because there were things that I didn't know about that I didn't weigh in
01:15:36.780 and have an opinion on. And then when I got informed, I said, oh, I agree with you.
01:15:42.940 Once I was informed, I said, I wasn't talking about that. I wasn't ever talking about H-1B.
01:15:47.980 But if all the people who know about it say it's a problem going forward,
01:15:52.220 I take that as information. I incorporate it. But I don't believe I've disagreed with anybody except
01:16:00.780 the people who say that adding one more brown person to the country, even if it's Einstein,
01:16:05.340 Brown-Einstein is bad. That's just not a sensible worldview. 0.93
01:16:17.260 Tahoe says the election means no more. Okay. Now, did that comment address any useful thing?
01:16:25.740 So let me ask the question. If you knew you could get the 0.01 engineers, would you say yes to them?
01:16:34.300 If you knew that nobody else would come in? And I understand that's not the current situation.
01:16:39.500 So let me ask the question in the comments. If you knew, and we don't know this, but hypothetically,
01:16:44.940 if we did, that you could limit it to just the top 0.01, and it's from everywhere. It's not just India,
01:16:51.020 right? It's from everywhere. Would you say yes to that?
01:16:53.980 How many would say no to that?
01:17:01.340 Because I think if you say no to that, I mean, that's just pure racism.
01:17:07.100 And it's not one that makes sense. I've even told you that. So we've got to know.
01:17:14.540 So there's some people that say adding one Einstein who could change the economy and improve the world
01:17:21.660 would be mistake if he's brown. But so far, only the jester has said that.
01:17:30.860 Right. All right. So it looks like my audience is on the same page.
01:17:34.460 So I'm trying to find, is there anything that anybody disagrees with me, except the question of
01:17:41.020 whether or not it's bad to add even one extra person who's not American?
01:17:44.700 Uh, it's still racism, even if it applies to Norwegians. Yeah, that's fair. 1.00
01:17:56.540 Uh, uh, uh, until what?
01:18:05.900 Claudia was leaving for her pickleball tournament.
01:18:07.900 I've been visualizing my match all week.
01:18:10.220 She was so focused on visualizing that she didn't see the column behind her car on her backhand side.
01:18:16.700 Good thing Claudia's with Intact, the insurer with the largest network of auto service centers in the country.
01:18:22.140 Everything was taken care of under one roof, and she was on her way in a rental car in no time.
01:18:26.540 I made it to my tournament and lost in the first round.
01:18:30.060 But you got there on time.
01:18:31.660 Intact Insurance. Your auto service ace. Certain conditions apply.
01:18:40.220 Uh, so I think here's what I, I think is the, the central lever on this conversation.
01:18:49.820 Uh, let me see if I can capture the feel of the room.
01:18:54.700 The feel of the room is if you start talking about the 0.01 engineers,
01:18:59.740 you think you're talking about that, but necessarily because of our bad way we do everything,
01:19:05.660 it opens the door to, you know, mass immigration that you didn't want. 0.96
01:19:09.900 Is that correct?
01:19:11.980 That do I, have I captured all of your views that you should lead with our systems are broken?
01:19:20.380 And then if you say, if we could fix them, it'd be great if we brought in the 0.01.
01:19:24.940 But if you start with bringing the 0.01, it looks like you skipped the more important question,
01:19:30.540 which is, wait a minute, wait a minute. How are you bringing in that 0.01? Are you using
01:19:34.460 the same broken system that will bring in a million people that we don't want? 0.97
01:19:38.620 Right. So this is a problem with social media. So if you see me comment on, you know,
01:19:44.780 one element of an argument, you might make assumptions about what else I'm believing,
01:19:49.980 but that's always dangerous. So I think, here's what I think. Bottom line, I think this was all
01:19:57.260 positive. I think this was all positive. I think that most of the racism that Elon and I were responding
01:20:04.220 to online, most of it might be trolls. And, and the rest of it, there was some small minority of people
01:20:12.220 that, you know, are just something we have to deal with.
01:20:22.700 What's this?
01:20:26.780 Then some people thought that Elon insulted all of MAGA, which never happened. So a lot of it is
01:20:34.460 thinking that he said something he didn't say. In my case, thinking I said something I didn't say,
01:20:39.020 or believe something I didn't say. But when you look at what people actually said,
01:20:43.740 I think we're basically on the same page. There's probably more complete agreement
01:20:51.500 on this question than almost any question in America right now. But we pretended that
01:20:58.620 it was something else. And what I feel from that was that the energy, the energy from that conversation
01:21:04.780 was from the people who have the H1B issues. And I think we all heard it. So if you were in that
01:21:12.460 conversation, you definitely heard, we don't like the H1B. It's being abused. It's taking our jobs. 0.87
01:21:19.180 Got it. Got it. I never disagreed. I wasn't up, I wasn't up to speed. And when I wasn't, I didn't talk
01:21:25.500 about it. But now I'm up to speed. Now, I saw somebody smart, I won't name names, say, oh, but
01:21:34.060 the H1B system is different from the system we used to bring in those 0.01 engineers. Now,
01:21:41.820 they are different systems. But I'm also informed that all of the systems are abused. So if they're all
01:21:51.580 abused, it doesn't matter that the top engineer system is a different system than H1B, they both
01:21:58.140 need to be changed. Now do the NFL.
01:22:10.300 Well, the NFL, I think, is a pure meritocracy. Why are we complaining about that?
01:22:14.620 We shouldn't be importing anyone. So you would be opposed to bringing in the person who could 1.00
01:22:25.660 create the next billion-dollar unicorn and create 10,000 jobs for American workers? Because that one 0.97
01:22:32.620 guy is taking nobody's job? See, yeah, I think we all agree. All right.
01:22:41.340 Anything other than one system is corrupt. Well, maybe everything that reaches a certain size is
01:22:51.020 corrupt. My take is that you can have non-corruption with really, really small things,
01:22:59.660 such as, you know, two people getting married and not lying to each other. It can happen.
01:23:04.380 But as soon as you get to something big, like the entire finance field, that's always corrupt.
01:23:11.740 Health care, always corrupt. Big food, corrupt. Big pharma, corrupt. Big oil, corrupt.
01:23:19.820 So when you reach a certain size, it's 100% problematic. There might be some exceptions.
01:23:27.340 I'm thinking of something that would be like, you know, one of Elon Musk's companies. They may not be a
01:23:37.100 totally corrupt organization. But generally speaking, everything big morphs into something bad.
01:23:43.980 All right. So here's your bonus question for the day. You ready for this?
01:23:48.380 What would be better for America, the American system to have no restrictions? Let's say no regulations
01:23:59.900 and total freedom or strong guardrails so that there's freedom, but it's freedom within the guardrails.
01:24:11.100 Do you prefer a no guardrails free for all and that the freedom gets you the best life for everybody?
01:24:19.020 Or do you believe that the guardrails are necessary because there are too many bad elements in the world
01:24:24.860 that would take advantage of them? So in the comments, I want to see you pick between these two.
01:24:32.620 Complete freedom, no guardrails, or freedom within guardrails. Which one do you prefer?
01:24:41.020 Total freedom, no guardrails?
01:24:43.660 Total freedom, right?
01:24:49.340 Laissez-faire. Is that total freedom?
01:24:52.460 Yeah.
01:24:59.100 Well, I would argue this.
01:25:01.980 The legal system puts lots of
01:25:04.140 lots of guardrails on what you can do within capitalism. Do you like having a legal system?
01:25:11.900 Do you think capitalism would work if we didn't have a strong legal system?
01:25:16.620 Because the legal system is telling you what you can't do in the other system. It's a guardrail.
01:25:25.180 Well, the answer is obvious.
01:25:27.020 If you got rid of the justice system, it wouldn't matter what you were doing in the economy, it would fail.
01:25:36.060 Because crime would just destroy trust, it would fail.
01:25:39.980 So the guardrails of having laws, in my opinion, are essential. I'm not aware of any modern
01:25:49.420 civilization that worked without a justice department. Are you? Is there anybody who
01:25:56.380 succeeded within a justice department? Now, there would be the question of the
01:26:02.140 guidelines and regulations. I suspect that some guidelines and regulations are additive.
01:26:10.140 And some of them are negative. And Trump would like to get rid of the ones that are negative.
01:26:14.460 But do you think that there are no rules that are worth pursuing? Let me give you one example.
01:26:24.060 A bank is required to put their loan offer in the form of an APR. An APR is a calculation that
01:26:34.300 banks have to do the same way. So when they say, we'll give you a loan for
01:26:38.380 this rate and the starting thing in these phase, you can't really compare it to another loan.
01:26:43.900 There's a different down payment, a different fees, different starting point, different calculations.
01:26:49.260 And so banks were using that confusion to make it look like they were giving you the good loan
01:26:55.420 when it was just the bad loan. You couldn't tell the difference. And then the government said, no, no,
01:27:00.460 you have to calculate it all the same way. And then you can know for sure which one will cost you more
01:27:05.020 money between banks. Was that a good idea or a bad idea?
01:27:08.300 Because it allowed you to trust your bank. And when it comes to banking, trust is the primary requirement.
01:27:23.180 So there's some people who say no, they'd rather not be informed. What about ingredient lists on food?
01:27:33.260 Do you think food should be required to have ingredients listed?
01:27:41.820 See, here's the problem. If you had a world where information flowed, let's say, efficiently,
01:27:49.580 then information could do the job of these guardrails and laws and procedures.
01:27:54.940 So if somehow I knew which bank was giving me the best loan, I wouldn't need an APR.
01:28:02.380 But there is no way for me to know. There is no way. Because the incentive is for all banks to lie.
01:28:09.340 If you took that away, all banks would lie. I worked for a bank. All banks would lie
01:28:14.780 if they could get away with it.
01:28:15.900 So I would say that the trust, which makes the American system special, because remember, in human
01:28:26.220 history, trusting strangers was the thing you didn't do. Our economy is based entirely, well,
01:28:33.020 that's an exaggeration. It's based very much on the fact that we found a way to trust strangers.
01:28:39.420 And the way we trust them is, if you screw me, I'm going to sue you. And we've got this legal system
01:28:44.060 that will take care of you. So we replaced trust with guardrails. If you didn't have trust, your
01:28:52.380 economy would fall apart. There's no way around that. There's no low trust economy that's raging,
01:29:00.540 I don't think. I don't think there ever will be. So if you look at, say, the Ayn Rand view of the
01:29:07.500 things, your maximum freedom gives you maximum happiness, you're looking at a technique that has
01:29:14.780 never been tried anywhere and never can be successful because it would fail immediately.
01:29:23.260 That's my opinion. I don't think it's a coincidence that nobody has ever done a full freedom,
01:29:30.860 high output, successful anything. It's never happened in the history of the world.
01:29:38.940 All right. But generally speaking, we should lean toward freedom whenever it's a jump ball.
01:29:46.300 So I would agree with you that if you can't see the reason for the restriction or the obstacle to
01:29:53.500 freedom, if you can't obviously see what the benefit is, and you can obviously see the benefit
01:30:00.300 of a Department of Justice when it's working properly. It's very obvious. But if they say,
01:30:05.180 hmm, I think you should all use these pronouns or something, you might say, it's not really obvious
01:30:11.020 how that's making me better off. So that's a debate. I would lean toward freedom when it's just an
01:30:19.340 opinion which way is the better to go. But if it's just really obvious, like the Department of Justice,
01:30:24.300 I'd rather have the guardrails. All right. That's all I got for you today. I'm going to go talk to the
01:30:32.860 locals people privately. I went on way too long, but it's Saturday. Remember, Owen Gregorian will be
01:30:39.020 doing us spaces after we're done. So I'll be fast on the after show with locals. We'll let Owen take
01:30:46.540 it from there. I assume Owen will be up and live like fairly quickly on X in spaces right after we're
01:30:55.580 done. So go in privately to locals, and I'll see you Rumble and YouTube and X tomorrow, same time.