James Fishbeck joins the show to talk about the South Parkland shooting, Birthright citizenship being struck down by an appellate court, and why you should short companies that hire on merit. Plus, a new ETF that invests in S.&P 500 companies that only hire based on merit!
00:02:16.000After Colbert got canceled, it was announced that CBS Paramount was going to be giving $1.5 billion to the creators of South Park, which kind of seemed insane to anybody who knows anything about numbers.
00:03:06.000But if you can be dirtbag offensive while being anti-Trump, that's the edgy that they're looking for.
00:03:12.000So they give the South Park creators $1.5 billion, which seems to be the big story to talk about the current strategy of the anti-Trump media.
00:04:59.000There was talk about this like a decade ago.
00:05:02.000Companies that were introducing DEI policies.
00:05:05.000I heard investors saying short those companies right away because any company that's going to prioritize ideology over the function of their business will lose money.
00:05:13.000And so think of it this way, Tim, is if you knew a friend was going to start a coffee shop and you knew they were going to only hire a certain race or a certain gender, you would bet, right, Phil?
00:05:39.000What would that do to the business model?
00:05:41.000You wouldn't just not want to belong that business so as to profit from it.
00:05:45.000You would actually want to go short and profit from its decline.
00:05:47.000And so what the Azuria Meritocracy Fund does, the ticker is SPXM, it's an ETF that buys the same 500 stock as your S ⁇ P 500 ETF, but it does not buy Intel, Starbucks, Airbnb, Nike, and others that have just doubled down on these DEI quotas that say, look, we're not hiring on skill and merit anymore.
00:07:06.000I started that one, and what it does is it excludes.
00:07:09.000So it excludes them because they're going to underperform.
00:07:12.000The research we did, Phil, is the 38 companies in the S ⁇ P 500 that have these woke DEI policies, Nike, Airbnb, Starbucks, they've underperformed the stock market by 20 points over the last two years.
00:07:23.000And so what that means is your S ⁇ P portfolio, your S ⁇ P ETF, whether it's from BlackRock, Vanguard, or State Street, it could have been doing a lot better had those 38 not been in there.
00:07:32.000And so our goal at Azoria with SPXM is kick them out and let your portfolio ride just based on the companies that hire the best and brightest and never apologize for it.
00:07:42.000If you hire a white male for the job or an Asian male, don't apologize for it.
00:07:47.000And by the way, the right thing oftentimes will be to hire someone who looks a little bit darker than us.
00:07:53.000That's a meritocratic system is to stand up for the dignity of every American.
00:07:57.000My mom's a legal immigrant from South America.
00:07:59.000And one thing that she always told my sister and I is that she would never apply to a job that had a big flashy affirmative action program, Mary, because when she came home, she wanted to look us in the eye saying, I got the job for the right reason, not because I checked some arbitrary Cornell liberals checkbox for diversity arbitrariness.
00:08:17.000Let's jump into that story from Variety.
00:08:19.000White House bashes South Park after Trump parody.
00:08:23.000This show hasn't been relevant for over 20 years and can't derail Trump's hot streak.
00:08:35.000It's pretty obvious that the idea was we're going to make fun of Trump and put the anti-woke crowd and the edgy influencers and the podcast circuit in a bind.
00:08:44.000You're allowed to make fun of Donald Trump.
00:08:47.000And you have no choice but to just accept it because it's just playful banter, right?
00:08:52.000So I already had a lot of people telling me, oh, Tim, like, but come on, if you come out and say it was bad, you know what the left is going to say?
00:08:58.000They're going to say, ha, ha, ha, you're, I don't care what they say.
00:11:26.000I would have laughed my ass off if the episode started with Trump being asked about the Epstein files, panicking and shuffling all the press out of the room and banning them saying, you're banned.
00:11:40.000He gets in an elevator, goes down to the basement, and there's Tulsi Gabbard, Rubio, and Trump trying to resurrect Mecca Epstein because they want to use the files and use the blackmail or something like that.
00:11:53.000There's no jokes about anything that's happening.
00:11:56.000Yeah, it's funny that you mentioned that because I feel like Trump is doing enough to make a fool out of himself lately that Matt and Trey don't need to do any work on that front.
00:12:05.000And for 10 episodes a year at that, they scammed the shit out of it.
00:12:53.000And that's all they could pull together.
00:12:55.000The real way to think about a joke is if you can take that joke about Trump's penis or this, that, And the other, and you can swap out Trump with any other person you want to mock.
00:13:54.000But no, but I mean, like, that is the insult that gets tossed around, right?
00:13:58.000Your mom is so fat, that kind of thing.
00:13:59.000It can't be funny because it's so cliched.
00:14:02.000So I actually think they're trying to bait Trump into criminal charges because they've published to YouTube and in the episode AI video of Trump total nudity.
00:17:13.000The Trump stuff was literally just, it was dejected.
00:17:16.000It jumped from scene to scene that made no sense.
00:17:18.000Like one scene is at a party, and there's a weird song saying, Christ makes money, Christ makes money.
00:17:24.000And like a big component of the show is they're mocking Jesus.
00:17:29.000The issue that the citizens of South Park are angry with at Trump, the reason why they want to riot, is because Trump mandates prayer in school.
00:17:37.000And Stan won't, he says, we don't have any room at our table for Jesus.
00:17:42.000So politically correct principal is now power Christian principal.
00:17:47.000And they ask him why he's a Christian, and he says it feels right.
00:17:50.000Then they show Trump at a pool where it's singing a song where they're going, Christ makes money, Christ makes money.
00:17:55.000And then for seemingly no reason, Trump is now inside the White House where Pam Bondi says your supporters are mad.
00:18:01.000Then he, Saddam Hussein voices, gets on the phone.
00:18:04.000They threaten him for some reason, but none of it really makes sense as to why they're mad at him because it's not about Epstein.
00:18:09.000It's almost like the episode was made before, like this week, and they knew what was going on in the news cycle.
00:18:16.000You know, South Park, Notorious, was famous for getting all their episodes done in four days or something like that.
00:18:22.000This one didn't address anything or mock anything in particular.
00:18:27.000They just kind of, and then at the end, Jesus shows up and stands on a giant loaf of bread and then is talking under his breath about how he has no choice but to come to the people of South Park and perform a sermon because Trump's threatening to sue him.
00:18:41.000And then the people of South Park panic because Jesus tells them Trump will sue him.
00:19:41.000So the Amnesty on Farm Workers point, I think we can talk a little bit about that, but I think look at what Salazar tried to do a week and a half ago with the so-called Dignity Act, right?
00:19:49.000Maria Salazar, the Republican congresswoman from Florida.
00:19:52.000She's trying to pass a bill that says that if you've been in this country for even upwards of 30 years illegally, you only have to pay a $7,000 fine and you get to stay here indefinitely.
00:20:04.000And so the idea that we would give amnesty to anyone to be allowed to stay here to continue to take American jobs, take American benefits, whether it's Medicaid or education or healthcare, I think the president's against that.
00:20:17.000Well, I was trying not to say the E-word, but I was more so referring to the Epstein-related concept.
00:20:24.000What would you want him to do on Epstein a little bit differently?
00:20:30.000He's outwardly lying to the American people, saying that it's a hoax, and then telling them that they are traitors to his movement for asking very reasonable questions.
00:20:43.000Do you really feel like totally okay with the way he's handled this situation?
00:20:46.000Look, I think that I would lay the blame at Pam Bondi for setting expectations a certain way when she said, they're on my desk and handed out a bunch of phony binders to a bunch of influencers.
00:21:08.000Prior to the election, he was asked, are you going to unseal the JFK documents?
00:21:13.000Are you going to unseal the MLK files?
00:21:16.000And then once it got to Epstein, he said, yeah.
00:21:21.000But like, you know, there might be some innocent people in there.
00:21:24.000You know, we want to kind of, you know, have a common sense approach, you know, and then I could tell from that moment on that he wasn't going to follow through on that promise.
00:21:34.000And it's gotten worse than just not following through because they shouldn't have even addressed it if they weren't planning to follow through.
00:21:40.000It shouldn't have even been mentioned.
00:21:41.000It's also not a popularly, like, it's not a voting issue.
00:21:48.000And now we've gotten to the point where they are just piling lie on top of lie on top of lie.
00:21:55.000And it's kind of pathetic to watch Trump doubling down every single day, as well as his supporters, some of whom are trying to maintain the access they have to him and the rest of the White House, people who either have jobs there already or want jobs there.
00:22:39.000Matt Gaetz, as we all know, was investigated by the Department of Justice and the FBI for allegedly sex trafficking teenagers across state lines, federal sex trafficking law.
00:23:10.000If we had video right now that conclusively proved that Bill Clinton, who was an absolute sick man, did in fact sex trafficking young girls, the statute of limitations on that is eight years.
00:23:44.000So if there's video of Clinton abusing girls, yeah, we're not going to release that.
00:23:48.000If there's video evidence of him doing some kind of business transaction and loading girls into a van or whatever, you blur it and you release it.
00:23:56.000So that's why people want the Epstein stuff released.
00:23:59.000Also, the child abuse aspect of it obviously is horrific, but I almost think that it is being used as the salacious tabloid version of what we're really talking about, which is a blackmail ring that allegedly controls the policies and statements and votes of all of our leaders.
00:24:22.000And child abuse just happens to be the vehicle for it.
00:24:28.000So I think there's maybe a little bit too much focus on the salacious nature of it and not on the substance of the issue, which is a blackmail operation run by Epstein, who is allegedly an intelligence asset for some government, probably Mossad.
00:25:08.000I believe there's strong evidence for it, but I'm certainly no expert, but neither are any of the people who are rightfully demanding this information.
00:25:15.000But what if the FBI interviewed a Democratic operative, someone who hated Trump in, say, 2015, 2016, who lied, knowingly lied to the FBI about all these salacious allegations?
00:25:28.000That would be released under the Epstein files as well as an FBI interview that was undertaken by someone who was knowingly lying, right?
00:25:35.000And look, the president asked this grand jury transcript to be released in the Southern District of Florida.
00:25:40.000The judge denied that from being unsealed.
00:25:55.000Okay, no one thought that Epstein had an Excel spreadsheet on his computer That had like my clients, number one, Bill Clinton, number two, Donald Trump.
00:26:05.000Like, nobody thought there was a spreadsheet of clients.
00:26:08.000But this guy was inviting politicians and public figures and celebrities to his home and had cameras rolling the entire time and had prostitutes there who were underage.
00:26:22.000This is a point that I made the other night or whatever.
00:26:25.000Like, when people say Epstein list, what they're conceptualizing differs significantly from one person to the next and to the next.
00:27:30.000I'm just saying that people have a different conception of what has actually happened.
00:27:37.000And I think that there are two groups of people, and I've said this before, but there are two groups of people that are really passionate about it.
00:27:43.000And they're small groups of people, but they're extremely vocal.
00:28:20.000I think I would have mocked Pam Bondi for having these binders that information that was six, seven years old, and having influencers pose with them.
00:28:26.000That would be a really funny scene to mock.
00:28:28.000They could have made fun of the lists on my desk.
00:28:51.000But Mary, I see where you're coming from, and I share the frustration.
00:28:54.000But if you care about, and I know that you do, about this issue of transparency, we have a president who's taken more questions in the last 48 hours than it seems like Joe Biden did in four years.
00:29:05.000We have a president who shut down the southern border where tens of thousands of women every single week were being trafficked into sex slavery.
00:29:12.000This has been a president who stood up for women.
00:29:14.000I want to see more done on the Epstein files, but I agree with Phil.
00:29:17.000We have to understand first and foremost what that means.
00:29:21.000There is a world in which I could have easily crossed paths with Epstein and had lunch with him as I was soliciting a donation for my nonprofit or my hedge fund.
00:29:29.000He was, you know, had I not, I don't run background checks on folks before I meet with them.
00:29:33.000So I think there's a world in which we're going to end up hurting people who end up getting lumped into these files.
00:29:38.000Oh, the files are anybody who ever emailed with Epstein over the last 10 years prior to him being killed.
00:33:00.000I think that most people that are talking about specifically the Epstein file stuff, like that's everyone is calling it Trump, the Trump administration's fault.
00:33:08.000But when it comes to like, when it comes to this, yes, okay, so fine.
00:33:11.000If you want to lay this at Trump's feet, the Garcia stuff, fine.
00:33:15.000But it's not like they're not deporting people.
00:33:18.000Now, I understand that you have a problem.
00:33:20.000I know, roll your eyes because you don't think they're deporting enough.
00:33:22.000But like they've done really, really significant work at the border.
00:33:29.000There were like no crossing last week.
00:33:31.000My point was always just 14,000 in a month is not mass deportations.
00:33:38.000And it's not even like a fraction that if we kept going with numbers like that, that would be way less than a million in his entire term.
00:34:36.000Well, the point of Alligator Alcatraz is truth and good incarnate.
00:34:40.000And that means if he does it, it's true and good.
00:34:42.000Maybe, look, maybe I have a different perspective because I am looking at what is going on in comparison to what the option was, right?
00:34:51.000Like if the option is Donald Trump or Kamala Harris and four more years of Democrats and four more years of unlimited immigration and four more years of more DEI programs in the government, the things that have changed since Donald Trump has been elected are massive and it is significantly better than the option.
00:35:50.000But like, legitimately, like, I understand that you're saying, well, Trump made all these promises and he hasn't done enough to make me feel like he's actually following through.
00:36:02.000But you also have to deal with the fact that like there is a way that things get done in D.C. Like no one wants to look at how sausage is made.
00:36:11.000And this is something that I've talked about prior to Trump getting elected or early when he got elected.
00:36:15.000Like we only have a narrow majority in both the House and the Senate, right?
00:36:21.000You have to, you can't get a bunch of stuff passed if you don't have 60 senators.
00:36:28.000They have three, it's 53 with J.D. Vance and two of them are as wishy-washy as it comes, right?
00:36:35.000And then in the House, I think they have like 10.
00:36:37.000I'm not sure what the lead is, but eight.
00:36:39.000So there is a process that must happen in the House and in the Senate before things can get done.
00:36:46.000Trump has done a significant amount of stuff through executive order.
00:36:51.000The government has not been smaller in 30 or 40 years, I think, since the creation of Homeland Security and since 9-11 at least.
00:37:02.000There are significant things that have happened.
00:37:03.000Now, I can totally respect the idea that he's not doing as much as you want or as much as he promised.
00:37:10.000But to say that he's not doing things or to say that there's like he's a failure when he's six months in and has done more than any other president in this amount of time, I think that's not, I just don't think that's.
00:37:24.000Yeah, that's one of the things that he's done.
00:37:25.000So again, you can be, I understand people that are critical and saying that, oh, he needs to do more, but the idea that, oh, he's not done anything, he's terrible, blah, blah, blah, like that is just not true, especially when you compare him to the reality of what other presidents have done and the resistance that he's getting in Washington, D.C. I don't know if I'm even saying he's terrible, he fails at everything, blah, blah, blah, as you were saying.
00:37:54.000I just want to consider that six months is a longer time than you seem to be framing it, especially considering that as soon as the clock strikes 12 for 2026, all anyone is going to be thinking about is the midterms.
00:38:12.000And then by the time those are over, all anyone's going to be thinking about is who's running in 2028.
00:38:42.000It is Trump looks at the statutes, figures out which one makes the most sense, tells a jury to pick the crime that they want, and they charge Obama with it like they did to Trump.
00:38:50.000The standard that was created by Democrats is they can bring anybody they want to court and tell the jury, we have no evidence of any underlying crimes.
00:38:58.000You decide if a crime was committed and then tell if it's guilty or not.
00:39:01.000And then when they do it in West Virginia and everyone goes, sure, he's guilty of, I don't know, jaywalking and murder and whatever else.
00:39:28.000There's a 2016 Russia interference assessment and the 2020 post-Russia Gate assessment.
00:39:36.000The 2020 assessment says that Barack Obama knew that the intelligence they had was raw and bad and did not meet the standard for publishing as it was uncorroborated and it was a sentenced fragment they could not corroborate, but ordered Brennan to publish it anyway.
00:39:54.000Despite all of everything they were saying, now you can make the argument, oh, okay, well, you know, never attribute to malice that which can be explained by incompetence.
00:40:03.000No sane, rational person is going to go, Obama was just a bumbling moron.
00:40:08.000No, Obama intentionally had them release information as a predicate for the RussiaGate hoax, which resulted in the arrest of several of Trump's associates, falsified evidence against Carter Page, Ukraine leaking damning information against Manafort, and then not to mention Flynn, Papadopoulos, and Trump himself, who they targeted him for three years as a potential traitor to this country.
00:40:32.000If that's not a crime, you want to tell me that there's some dude who like bashed an ATM up and is going to jail?
00:40:37.000I got to tell you, the dude who grabbed $73 out of a cash register at Bodega did substantially less damage to this country than Barack Obama did.
00:40:46.000The Jay Sixers who peacefully walked around the Capitol for 20 minutes.
00:42:35.000Mike Cernovich made a great point today.
00:42:36.000He said with, you know, Thomas Massey, he's got this picture of him with this binder on the Epstein files.
00:42:42.000How come none of these people, these Democrats or Republicans who want the Epstein files released, have had any hearings on Epstein and called in the prosecutors, Comey's daughter, perhaps, or even people like him to testify as to what Epstein was doing?
00:42:56.000So I forgive me if I'm going to be a little pessimistic.
00:42:59.000I know Trump has done a lot of really great things, and I still think he's the best president of my lifetime because he's gotten things done.
00:43:07.000But I don't think the system is going to change.
00:43:10.000I don't think they're going to go after the corruption.
00:43:12.000I think it's you got two high-profile, powerful, you know, high seats of power in politics.
00:43:20.000And they're basically saying, I don't feel like the fight.
00:43:47.000Well, the reason is because that, just like Aaron McIntyre, our friend says, is they just don't have the courage, right?
00:43:54.000Like if you don't exercise power when you have it, which is what the Republicans should do, but if you don't exercise power when you have it, your enemies absolutely will.
00:44:04.000And that's what the Democrats have shown over and over and over.
00:44:08.000They arrested all of his lawyers, or they, you know, prosecuting all of his lawyers, et cetera.
00:44:12.000All these people, they've got the mug shots and stuff.
00:44:16.000They will do it if they get back into power.
00:44:18.000So the Republicans absolutely have to do this stuff or else the American people are going to totally lose faith that they have the ability to actually make changes.
00:44:45.000And so the time they spent, Tim, that little intern of Pam Bondi's printing those binders and putting them together and bringing them to the east wing of the White House, they could have written the four-page indictment.
00:45:10.000Appeals court blocks Trump's attempt to restrict birthright citizenship.
00:45:14.000The ruling from the U.S. Court of Appeals for the Ninth Circuit brings the White House's theory of citizenship closer to a full Supreme Court review.
00:45:20.000In the meantime, of course, Trump is being blocked.
00:45:27.000J.D. Vance pushes for automation of agricultural industry, no amnesty for illegal immigrant farm workers.
00:45:34.000I'm going to put on my conspiracy cap for a second.
00:45:37.000If you knew the history of, say, like the Luddites, how automation took their jobs away, this was largely what they opposed: the automation taking away their work and leaving them destitute.
00:46:06.000We're going to replace them with robots.
00:46:09.000If you just said, we are going to fire our farm workers and replace them with robots, you'd have riots.
00:46:14.000But if you replace the workers slowly over time with illegal immigrants, piss off all the people about the jobs being taken away, then J.D. Vance says, we're going to get rid of them and replace them with robots.
00:46:36.000But to your point, the way it was sequenced out, right?
00:46:38.000You have Kilmar picking the strawberries and more appropriately, the 10-year-old who's forced to pick Chelsea Handler's weeds so she can pick up the picture.
00:46:44.000He was picking the people and transferring them in his trunk.
00:46:48.000Look, automation should not be opposed for automation's sake.
00:46:52.000The reason, though, we've automated car factories for the past 70, 80 years is that actually in some agricultural spaces, like strawberries, for example, it doesn't make sense to automate.
00:47:01.000These are delicate fruits that humans need to pick.
00:47:05.000You can pay Americans a dignified, living, fair market wage, and they'll gladly do that work, Tim.
00:47:11.000Yeah, I mean, I've heard that part of the reason why they don't haven't automated strawberries is because the low-pay workers are an option.
00:47:41.000The question is whether it makes sense for some places to make that large upfront capital investment for robotics versus even paying folks $20, $25 an hour.
00:47:54.000Some places have kiosks like McDonald's.
00:47:55.000Some places actually like In N-Out Burger, you walk up and you order your burger and fries.
00:47:59.000So how far out do you think like automated, like, you know, humanoid robots like Optimus, how long do you think until those could do the job that like immigrant workers are doing now?
00:48:12.000So I spent a lot of time thinking about this because I run an investment firm and Tesla is among our largest positions.
00:48:16.000So we have to think about and model out Optimus.
00:48:18.000So as we speak right now, Optimus is serving popcorn at the Tesla diner in LA.
00:49:17.000That's why ChatGPT is really impressive with their building under OpenAI is because they have what's called memory and they have context.
00:49:23.000So if you tell ChatGPT once, Tim, I only want you to give me the weather or show me an image, it will remember that across all your devices.
00:49:29.000Well, do you guys know who Gunther Eagleman is on X?
00:50:33.000Now, he's a public figure to a certain degree.
00:50:35.000I don't know what the law would be in that regard, but it is wild that two things in this.
00:50:41.000We know they lie about everybody and we know that they hallucinate and make things up.
00:50:46.000But it was really rather shocking to me that on X, he posted an image of the police report and it immediately rewrote its own memory and backtracked everything it was saying.
00:50:56.000And I'm like, so anybody can just make fake stuff and feed it into the AI?
00:51:51.000Imagine what an investment algorithm would do.
00:51:54.000And if you had a stock and then all of a sudden it knew you made $175 million, it could bid your stock higher on that False information, right?
00:52:01.000But I think this goes to the point, Tim, that we are not automatically inferior to AI because we would look at that at first blush and say, Tim's smart, he's wealthy, but that doesn't make a lot of sense.
00:52:11.000Except there were tons of people responding, being like, Whoa, you make 175 million.
00:52:19.000And then people responding with, Wow, what do you spend that money on?
00:52:35.000Robotics actually are not infant, but having robotics that can train themselves on its own neural net where you go to Optimus and Optimus has never picked up books and put them on a bookshelf before, but knows through its training, through the neural networks.
00:53:07.000But yeah, so you're saying that Optimus actually is able to train itself?
00:53:11.000Because I know that some of the ways that they have been working with the AI is basically they would put Optimus in a room with toys and it would literally play with toys.
00:53:23.000So they've gotten to the point where it can actually interpret, like put these on the shelf and it'll do that stuff.
00:53:30.000And so the idea is use those model experiments to build out the physics engine of Optimus to train itself.
00:53:36.000But for example, if we had an Optimus here, it would never have been necessarily trained on putting books and taking the covers off and putting them on a bookshelf.
00:53:44.000Never have been explicitly trained on that, but could still render that task.
00:53:50.000Is you never have to train it to take out your trash or to pick something off the lawn, but it intuitively knows how to do that.
00:53:57.000That's impressive because I was under the impression that essentially they were training it to do things.
00:54:03.000And then once you trained one optimist how to do things, then all of the optimists would know how to do this one task.
00:54:10.000But it's actually able to learn in the real world.
00:54:14.000So train it to do, say, 5% of all things.
00:54:17.000So for example, I have never had to do the task of taking a book that is hardcover and putting the covers back on it.
00:54:25.000I've never done that in my life on a large enough task, but I know how to do it, right?
00:54:30.000And so the point is, how do you get Optimus' aggregate intelligence to be able to do tasks that it's never done before, but it can intuitively iterate and figure out how to do it on the fly?
00:54:39.000This is actually smarter than the plug-in in the Matrix, where you plugged in and learned a certain task or whatever.
00:54:56.000It's never trained on my block, but it's been trained in San Francisco and other places as well to where it's built out this end-to-end neural net that even if it's never driven on those roads at those intersections on those roundabouts at those U-turns, it intuitively, neurally knows what to do next.
00:55:18.000So that same Waymo that can drive brilliantly in San Fran or LA or Phoenix, you put it here in West Virginia, it could not move 10 feet because it has not been expressly trained.
00:55:34.000And so now what you're seeing play out is Waymo and Tesla's RoboTaxi in Austin in a very similarly sized geofence, but Tesla can scale like that.
00:55:45.000Austin has 1,500 Uber drivers in the Austin metro area.
00:55:49.000Tesla produces in its Texas factory 1,500 Model 3s and Model Ys every single day.
00:55:56.000That means that in one day, Tesla could totally take over and be bigger than Uber in just Austin.
00:56:04.000And then you have the fact that there are millions of Teslas all over the country that with a software update fill could become this robo-taxi and pick people up.
00:56:45.000The driving apps, what they've basically done is trick people into stripping the equity out of their vehicles, thinking that they're getting money, but they're actually losing.
00:58:20.000Very simply, to your point on what a call option is, a call option allows you to own more of a stock than you want to put money into.
00:58:28.000So if a stock like Tesla were to go up 20%, you could buy a call option that would only risk 1 20th of that amount of the Tesla stock, but your call option would go up 30%, 40%, 50%.
00:58:43.000So it's a listed option where you're essentially going to another person saying, I want to pay you X amount of money to be able to buy Tesla above a certain price.
00:58:52.000You will sell me that because you're short, because you think Tesla is going to go down.
00:58:54.000There's a lot of people who think Tesla is going to go down, a lot of short sellers.
00:58:57.000That allows you to get leverage on the Tesla stock.
00:59:01.000And so what you've seen, and Kathy Wood, I met with her about this recently.
00:59:06.000She's been along Tesla for a decade now.
00:59:08.000She made so much of her money early on just by buying Tesla call options.
00:59:11.000Because if you told me right now, you guaranteed to me that Tesla was going to go up 40% in the next 12 months, I could put together a portfolio of options on Tesla call options that would go up 400% if I knew that it was going to go up 40%.
00:59:26.000When Elon started flirting with buying Twitter, the stock plummeted.
01:00:36.000You think to yourself, we're going to go to a restaurant.
01:00:38.000And then you take your phone and you just hit the ride share button.
01:00:41.000And then you walk outside and literally within two minutes, the car is there because every car everywhere is automatic.
01:00:47.000There will never be traffic again because as your car is about to enter the highway, it's communicating with the entire network of cars and they all can adjust, they can accelerate and decelerate at the exact same time and they can space out to make room for you to merge in perfectly.
01:01:03.000The funny thing is that there was a MythBusters episode on traffic where they had a bunch of cars drive in a circle and they created traffic jams and it was unavoidable because at a certain, you can't, you have a reaction time.
01:01:14.000So when the car in front of you stops, you stop.
01:01:16.000When they start, it takes a second to start again.
01:01:19.000If all the cars are synchronized, they can all start at the same time and stop at the same time.
01:01:25.000Think about how much time that's going to save people, right?
01:01:28.000This sounds deeply unappealing, though, because it means that people are going to have less self-determination if their ability to get transportation is controlled by a corporation.
01:01:39.000You mean when you say a naughty word and they ban you from driving?
01:01:48.000I mean, there's reason to be concerned about it.
01:01:50.000I think as long as you willingly partake in the system, now you should still be able to have the right to drive, of course.
01:01:57.000No one should be subjected to this clauschwab, you know, the year is 2030, you own nothing, and you're very happy, right?
01:02:03.000But if you go out of your way, and like tell my grandmother, she passed in September, she didn't have a means to transport herself for the last 10 years of her life.
01:02:09.000She would have killed to be able to have a car pick her up and take her out.
01:02:12.000And I think a lot of people are like that as well, who want to have a better job, who want to earn a better wage, but don't have a means to get across town or even the next county over surge and say, look, I want to be able to do that.
01:02:23.000And for $2, $3, I can do that in the Tesla Robotaxi Network.
01:02:31.000But that's a really exciting future for a lot of people, I think, Phil.
01:02:35.000Look, I'm not particularly put off by AI or robotics or anything like that.
01:02:41.000I think that it's extremely exciting, and I think that it's going to be obviously disruptive, but I don't have like a doom and gloom outlook on it.
01:02:50.000I think that there will be benefits that outweigh, significantly outweigh the cost and the negative factors.
01:03:34.000It has never happened that rogue bands of teenagers took fake guns that sound, I don't want to say real, but to someone who doesn't know what's going on.
01:04:18.000Like if you're doing that in Massachusetts, you will get one reaction from people.
01:04:22.000If you're doing that in Florida or in West Virginia or in any other red, any other of many red states, you will get a totally different reaction.
01:04:30.000And the results for the homeowner will not be as catastrophic because even if they did, God forbid, they actually shot a kid.
01:04:40.000If the defense is, look, these kids were banging on my door and I saw them outside with a gun, even though they didn't know, even though it was airsoft, nobody would get convicted for that.
01:04:50.000It's likely that they would not be found guilty of homicide.
01:04:54.000Or they would consider it justifiable.
01:07:11.000This is the social decay is all of these people who are desperate for attention.
01:07:17.000They want to be seen and they don't know how to be seen.
01:07:20.000And it's driven by these short algorithms, these TikTok, Instagram, YouTube algorithms.
01:07:25.000So they're just trying to figure out how to be crazier and crazier and crazier, like the people who go to Walmart and dump milk on their heads.
01:07:31.000These kids weren't even filming and posting any of this.
01:07:34.000This was just the sheer thrill of making someone think that they were about to get shot.
01:08:51.000There was a whole separate case of this in a different area in Florida with two teens caught on camera kicking in a neighbor's front door and one hiding in an attic and the other admitting, we were just being stupid.
01:09:08.000They're all visibly black, by the way.
01:09:10.000And that should be noted because their levels of violent crime are absolutely out of control and we need serious law enforcement response to it.
01:10:20.000So in Illinois, it's interesting because assault is, I forgot how they phrase it, but it's making someone believe they face an imminent threat.
01:11:07.000Right now, you should expand the reckless display of a firearm statue to include anything that a reasonable person would perceive to be a legitimate firearm, right?
01:11:16.000So, search, if you come up and you pull out an airsoft gun and try to rob someone and carjack them, we're going to charge that as if it's armed carjacking.
01:11:34.000And in the meantime, unless the AI is just hallucinating and making it all up, but it probably is.
01:11:39.000Yeah, I mean, but look, I mean, Tim, you've mentioned this yourself.
01:11:43.000Like, kids that might do this kind of stuff, like, oftentimes they're looking to go to jail or they'll go to jail and they'll only get, you know, they'll look at, okay, well, I'll get my street cred and I'll come out and I'll have people that will look at me as if I'm a tough guy or whatever.
01:12:01.000So I mean, that's why I'm saying that.
01:12:02.000It's like the 15-year-old and the 13-year-old were arrested facing felony burglary charges.
01:12:10.000That's why I've been saying you make them wear diapers and baby bonnets and march down a main thoroughfare while saying I'm a big baby boo-boo.
01:12:19.000Oh, deputies said the girl's mother was furious after learning what her daughter had done.
01:12:25.000And you didn't know where your 13-year-old girl was in the middle of the night.
01:13:08.000Well, you've got to be honest about it.
01:13:09.000And that probably has something to do with the fact that 70% of black kids growing up in America right now don't have a dad.
01:13:15.000And that's not because of marijuana life.
01:13:16.000I don't think that the dad issue is the reason why across the board we see all sorts of action like this.
01:13:24.000No, I don't disagree with you on that at all.
01:13:26.000But what I would say is this, is that if you have a black kid who's got two parents and a black kid with just a mom, who is more likely to pull this crap?
01:13:47.000So here's the first thing I would say.
01:13:49.000You're looking at all the videos that have come out about it and everyone doing it is black.
01:13:53.000But I'd like to actually see the reports, the actual hard data on who's doing it.
01:13:57.000I don't think you're wrong to bring it up.
01:13:59.000I'd say before we start taking enforcement action or looking into cultural and social issues as to what's going on, is it the videos we have are showing black people doing it?
01:14:07.000Or is it statistically like we have the data that it is only black people doing it?
01:14:11.000Well, it's the former, but we also have crime statistics to help us out here with context clues.
01:14:39.000That doesn't look like If we're talking about general crime, the question is, this is a specific kind of weird crime that they don't get money from, and they're not filming.
01:15:47.000I don't think so because in Chicago, it never has in 50 years.
01:15:50.000I just put a link in the Slack about an 18-year-old Virginia high school senior died in a shooting early Saturday that may have resulted from a TikTok prank.
01:16:34.000You see, now, look, I got to tell you that the kid who was doing the 3 a.m. ding-dong ditch was white, and the homeowner who shot him was black.
01:17:55.000And in the context that Tim's talking about, even if they weren't trying to steal anything, The fact that they were trying to open the door, that's attempted burglary.
01:18:54.000You just walk up to a house and then go inside and the people would be like, whoa, geez, what are you doing?
01:18:59.000Bro, if you're in West Virginia and you walk in the house, no one's going to ask you what you're doing.
01:19:02.000They're going to scream at the top of their lungs and point a rifle at your face.
01:19:05.000Let me make it a race thing again because the guy who was doing that was a streamer named, I think, Mizzy, and he ended up going on Pierce Morgan's show to interview about what happened and him literally jumping people, going in their houses.
01:19:20.000And he tells Pierce, like, you're racist.
01:19:24.000You're criticizing me for committing crimes.
01:19:26.000That means you're racist and you just hate black people.
01:19:30.000I have a former police officer friend of mine just texts me and he's like, they're training for home invasion, which is completely realistic to think, you know, attempting to see if they can get inside and where the line is drawn for that kind of behavior, you know?
01:20:48.000They said, our family is united in support of Tyler Chase Butler, who acted out of genuine fear for his safety and for the safety of his mother.
01:20:56.000Tyler found himself in an unimaginable situation, forced to protect his home and his loved ones in the early hours of the morning.
01:21:01.000We are aware of the profound loss experienced by the loved ones of the young man who lost his life.
01:21:06.000Our thoughts are with them during this difficult time.
01:21:08.000We urge the public immediately avoid speculation and allow the facts to be fully examined.
01:21:11.000Tyler is a young man who responded to an immediate threat, and we stand by him as the truth of the situation comes to light.
01:21:17.000This is a challenging time for our family, and we respectfully ask for privacy as we continue to support one another.
01:21:21.000I want to know what the details were, because apparently some details came out.
01:21:25.000People online are saying that they were at a sliding glass door.
01:21:27.000They weren't just doing a ding-dong ditch.
01:21:35.000I've heard some rumors that the prank that people were doing is they go to houses and try and open the doors and then see if they can get inside.
01:21:45.000By the way, it doesn't matter if you're black, white, Asian, if you do that in West Virginia, you're going to get shot.
01:21:49.000West Virginia is one of the few states that allows you to defend open property.
01:21:53.000So in Maryland, if you are, let's say in Maryland, you have 10 acres of farmland or something, and someone crosses onto your property and screams that they intend to kill you, you are legally required to flee to your home.
01:22:07.000Once in your home, if they try entering your home, you're allowed to defend yourself with lethal force.
01:22:11.000In New Jersey, you're never allowed to do it.
01:23:12.000I've had people come out to West Virginia and I can't remember where we were, but there's a big open field that was clearly private property, but like you could walk through it.
01:23:21.000And I can't remember, it was like two years ago.
01:23:23.000They were like, let's just cross through here.
01:23:25.000I think we were somewhere near Berkeley Springs.
01:24:06.000I don't know how the Democrats come back from this.
01:24:08.000You know, we were talking about South Park earlier, and it seems like they're going to try and be anti-woke edgy and mocking Trump, and they want to belittle Trump.
01:24:16.000They're trying to win back the podcast comedian circuit.
01:24:19.000They're trying to win back the Joe Rogan types.
01:24:41.000I heard a clip of her talking about DEI and how it's super important, and that without DEI, we won't make any quote-unquote progress and stuff.
01:24:50.000The progressives are going to double down on it.
01:24:52.000The smart Democrats like Fetterman, like Josh Shapiro, they will actually, they seem to be moving away from this stuff.
01:25:01.000Buddha Judge, dare I say, not as big as a fan, but he can own a reader room a lot better than these Democrats can.
01:25:05.000Yeah, and I don't think, personally, I don't think the Buddha Judge has much of a chance, but it is a good point to point at him about this stuff.
01:25:13.000The smarter Democrats are moving away from this stuff because it's not popular with the American people overall.
01:25:20.000Again, this is something that's a small group of people are very passionate about it.
01:25:26.000But the rest of America is like, man, I don't even care.
01:25:29.000I'm worried about, and I've said this a bunch of times, I'm worried about kitchen table issues.
01:26:06.000The people that don't have money, the people that have, you know, that took the Biden bucks or the money that Donald Trump handed out, they take that money and they spend that money.
01:26:27.000For the same reason, like the same reason why a lot of regulation, a huge corporation can easily absorb the costs of new regulation and they use regulation and granting new regulation in the government in order to squeeze and destroy small businesses and medium-sized businesses because they can't absorb just massive cost increases or irregulatory increases, et cetera.
01:27:11.0001,800 hours to become a barber, that benefits the super cuts and the haircutteries of the world.
01:27:17.000Regulation is always the friend of big corporations.
01:27:20.000It is always the enemy of small businesses and entrepreneurs.
01:27:24.000Louisiana, Tim, it wasn't just until two years ago that in Louisiana, you needed a license to pay a fee and to pass a test to be a florist, to assemble the daisies and the tulips.
01:27:37.000But again, that was the big floral lobby.
01:27:39.000But I mean, think about how hard it is.
01:27:41.000If you were just your run-of-the-mill old, you know, I don't know, biologist or scientist trying to take viruses from one animal and then contaminate other animals to force the virus to become more potent.
01:27:54.000You can't even do that in the United States.
01:28:47.000Like, you know, liberals don't like the regulation of marijuana.
01:28:50.000So if you're a business and, you know, you're going to be serving food to people and they say the content of rat feces and the food must be below a certain number, I'm actually okay with that.
01:29:00.000But when they say in order to get certified to clear your restaurant of rat feces, you first have to go, we're only open once a month.
01:29:08.000You can come down with your paperwork.
01:29:10.000Unfortunately, if you make any mistake, it'll come back next month.
01:29:14.000And then once you come in, we'll submit your files to the rat feces assessment bureau, who will then give them a few months to go through this.
01:29:22.000And then once you have that paperwork, you can then go to City Hall and file for your tax permit to get your certification because it has to go through the tax office to get the final certification.
01:29:30.000And then once you have that, you can apply for the display permitting, which is required to open your business, which takes another six months.
01:29:39.000Worst part is that person also is earning a salary and they're also getting all these benefits and they're going to have, what's the word for like a stipend at the end of the year or the end of their service?
01:29:59.000And we were like, okay, well, that shouldn't matter because we don't have much to change, right?
01:30:02.000Well, unfortunately, the fire escape door that you have connects to the, it connects into a back portion of the building with stairs, which now means that it's a single floor as far as occupancy goes.
01:31:09.000Think about the employees you could have employed there, the wages they could have earned, the money they would have spent in their local community.
01:31:15.000And the locals told us it was all the same thing.
01:31:16.000The people who are there and who have businesses like worked full-time for years to get final approval.
01:31:22.000Martinsburg is now saying we're going to relax a lot of this probably because I've been complaining about it and people are mad at me.
01:31:27.000But we did, we are still partnering on the shop.
01:31:31.000So we don't own it anymore, but there will be a shop.
01:31:56.000I think that the government's attitude is we don't want too much growth.
01:32:01.000And I'd imagine the argument is if we grow too rapidly, we can create a period of instability where if we can't sustain that growth, we can retract too rapidly.
01:32:11.000So let's sludge everything up so we can make sure it only grows a little bit over time.
01:32:18.000I think they do it to, I think they won't tell you this.
01:32:21.000They'll constantly talk about how they want to hit good numbers, but they want to slog up the system intentionally.
01:33:03.000And then although they had this massive population, they were all sickly and starving.
01:33:08.000So the idea is if humanity grows to the point where we strain all of our resources, we reach parity with resource, we all become angry, sickly, and starving because there's enough to get to that population.
01:33:20.000So powers that be in the US government are like, no, no, no, we should always make sure growth can't exceed a certain amount of excess.
01:33:27.000So they will restrict you intentionally.
01:33:29.000And I believe they use regulations for that on purpose.
01:33:32.000They definitely do it because businesses want them to do it too, because they want to get rid of their competition.
01:33:36.000You know, I was going to say when I got my haircut in college, I got my haircut from a roommate who lived down the hall, and he charged eight bucks.
01:33:45.000The barber shop charged $60 that was down the street.
01:33:49.000And so, of course, you want to create a regulation that says that that guy's going to charge eight bucks, has to go through 1,800 hours of barber training and all sorts of nonsense.
01:33:57.000I want to do a quick review for The Fast and the Furious.
01:34:34.000And what I mean by that is when you watch the trailer and it jumps from plot to plot, like because they're not trying to tell you the full story, that's two hours of this.
01:34:43.000So without spoiling, I'll give you an example.
01:34:46.000The movie starts with a montage explaining who they are.
01:34:50.000The next scene is a minute of them being like, we're having a baby.
01:34:57.000Then it's a montage of superhero nonsense, unrelated plot points.
01:35:02.000Then you get a scene where in the trailer, like I'll put it this way, everything of the movie that you've seen in the, like the movie is the trailer.
01:35:09.000What you saw in the trailer is the movie.
01:35:27.000Basically, every time something happens, you get a voiceover showing a bunch of stuff happening in a time shift.
01:35:34.000There's probably 20 or 30 voiceover montages stringing the movie together because there's no actual movie.
01:35:40.000Reed Richards never uses his power one time at the end.
01:35:44.000The Thing uses his powers one time at the end.
01:35:47.000Human Torch uses his powers quite a bit.
01:35:49.000Sue Storm does quite a bit, but usually for just like I'm Being a Woman moments.
01:35:54.000So like, I don't want to spoil plot points, but basically mostly when you see her use her powers, it's because of some like she's embarrassed about something or angry and she turns invisible, like not actually fighting.
01:36:08.000And then a good example is basically it's like Galactus is coming.
01:36:53.000And then it time skips and it goes, all of the nations of the world had a plan for Galactus.
01:36:58.000And then the Silver Surfer fights and doesn't make sense.
01:37:02.000Then Johnny is like, I don't want to get too spoilery, but he like is talking to the Silver Surfer for some reason, which has no impact on the plot.
01:37:10.000And then at the end, they never defeat Galactus and the movie ends.
01:37:16.000And you don't really know what happened or why.
01:37:57.000This is, like, I'd love to spoil it to a certain degree, but the easy way I could explain it is that, you know, like in a lot of movies, like, Fast and the Furious is a good example.
01:38:08.000Dom is washing his car, and then, like, The Rock pulls up and he goes, Dom, a super spy has stolen a submarine.
01:38:41.000Okay, I'm going to partially spoil this because it's the key plot element from the comics, which is already well known and is already on all the forums.
01:39:12.000And I was like, wow, that was awesome.
01:39:13.000That's the only thing I liked in the whole movie when Sue Storm orders Johnny Storm to kill the Silver Surfer.
01:39:19.000Because I'm like, you don't get that in the superhero movies from Marvel.
01:39:23.000Like the superhero saying, like the way she said, kill her.
01:39:26.000And then he actually shoots her in the face.
01:39:28.000I was like, all right, you know, okay.
01:39:30.000It doesn't do anything to her, but, you know.
01:39:31.000Is that the only redeeming scene you think?
01:39:33.000because she's like, the only thing redeeming about the film is that one point where she's like, I have a baby and I will kill you if you touch it.
01:39:39.000The rest of the film is just It's so bad.
01:40:42.000The only superhero stuff is the opening montage where they're like, it opens with a fake TV show documentary about the Fantastic Four to prep the audience for who they are.
01:40:53.000And then the whole movie is like, there's a weird plot element where, dude, this is the creepiest thing.
01:40:59.000The thing like is walking down the street for some reason and then meets a school teacher briefly and then leaves and then is in love with her for the rest of the movie.
01:42:44.000Like, that's just terrifying that like you can brainwash people into sitting there past the credits twice.
01:42:50.000You know what's remarkable to me is you can just look at what they did with Iron Man, Hulk, Captain America Thor, and understand why it worked and how the MCU was working.
01:43:00.000You make a standalone movie about the character.
01:43:05.000And then at the end, the after credit scene promos the next movie.
01:43:09.000They then realized with Guardians of the Galaxy, they were like, hey, James Gunn recently did an interview where he said, I was like, can we just say other things in the movies are Infinity Stones?
01:46:47.000So in the trailers, Galactus wants their child and he refuses to give them up.
01:46:53.000What I thought was going to happen is Dr. Doom was going to be in the film, Robert Henny Jr., and he was going to say, you have to give up your child.
01:47:02.000And I thought that we was going to end with Galactus destroying the planet and Dr. Doom chasing after him being like, you let our entire planet die for yourselves and then tried escaping to another earth where you could live out your lives.
01:47:14.000I thought that would be his motivations.
01:47:58.000So there's a possibility, especially if the argument is Trump is in the Epstein files and he's becoming desperate, then wouldn't the liberal argument be that Trump will do anything to prevent the release, including a mass distraction of, say, arresting Obama?
01:48:16.000I don't have a lot of faith that Obama will get arrested, but I do think that it's more likely that someone like Clapper or Brennan or Comey might see some kind of ramifications, but I don't know what, and I don't think that it's going to be jail time.
01:48:31.000I believed it was just a rhetorical distraction.
01:48:36.000I don't see Obama getting arrested in our future.
01:48:39.000Matt Taibbi seems to believe that there's a lot of there there.
01:48:42.000And Matt Taibbi's not particularly partisan.
01:48:46.000He's not a guy that would be a Trump cheerleader.
01:48:51.000But yeah, I'm still of the opinion that because there's no specific statute that they can point to that was broken or violated, the Republicans don't have the gumption to do, like Tim was mentioning earlier and actually create something, which, I mean, if you believe that what's good for the goose is good for the gander, they absolutely should.
01:50:20.000I think I got to call Seamus and be like, can we do a parody of the South Park parody where we actually make fun of Trump in a way that's funny that people will get?
01:50:35.000All right, Sheamus Wilder says, Matt and Trey aren't stupid.
01:50:37.000When you're given $1.5 billion to democrat, you'll do it, even if it's the tired humor of a 12-year-old boy, even if it tanks, they get paid.
01:50:45.000You know, it's easy for me to say that I wouldn't do it because we're successful here.
01:53:07.000Because they have a morbidly obese, 300-pound Donald Trump, fully nude and crawling through the desert, and then he looks down at his dick for 30 seconds.
01:54:43.000The plot is they have to give their son to Galactus, otherwise the earth is destroyed.
01:54:48.000Someone we know is actually staying at the same hotel as Pedro and Vanessa Kirby at the moment, and there are rumors flying that they've got some sort of thing going on.
01:55:00.000And I'm like, who's going to tell her?
01:55:04.000Pedro Pascal is the worst, worst choice for Reed Richards.
01:55:11.000I assume they tried to make What's Her Face, Brie Larson, the next Robert Downey Jr., and that was stupid.
01:55:18.000They're probably thinking we need the lead guy who's going to replace Robert Downey Jr.
01:55:24.000And the reason they chose Pedro Pascal for Reed Richards is because Pedro Pascal is so big in Hollywood right now, and they thought we're going to get the big name to be the lead who can carry the franchise after Robert Downey Jr.
01:57:04.000One evil chef says: Update for Culture War: The Fat Electrician is coaching angry cops on how to beat arguments about communism and anarchy from Michael Malice.
01:57:12.000Though, if you open the invitation, Nick, the fat electrician, would probably make it more entertaining.
01:58:53.000And so people have asked this question, if your heart has only a certain amount of beats till you die, wouldn't exercising with a really high heart rate make you die faster?
02:01:12.000Trump refuses to release the Epstein files because there's a picture of Trump bald in them and they try to find it but then figure out that Trump's Toupe is an alien that was controlling Epstein the whole time.
02:01:20.000I mean, honestly, that's better than what they did.
02:01:23.000Not particularly funny, but it's way better than what they did.
02:01:26.000Yeah, it actually would be funny if the Epstein files has, it was like Epstein at a party that Trump was at and Trump's fake hair fell off.
02:01:34.000And that's the only reason he doesn't want it released and they find out.
02:01:37.000And then Trump complains that if people find out that his hair isn't real, you know, it'll ruin his chances in the midterms.
02:01:42.000They could have made fun of him for any one of these things.
02:02:54.000It's available anywhere you buy stocks.
02:02:56.000As I mentioned earlier, Phil, it's a way to buy the S ⁇ P 500 minus the 38 companies, Nike, Starbucks, Airbnb, and Intel that are doubling down on DEI hiring quotas that are stupid, but also hurt your portfolio.
02:03:14.000I learned that we have a hearing first thing Monday morning.
02:03:18.000We sued them, Mary, because they are hiding behind this weird exemption that says they don't have to actually conduct their business in public.
02:03:26.000Every other federal agency, FTC, FCC, CFTC, Is required to conduct official business with public observation.
02:03:44.000Powell is the lawsuit, and we're suing them to make clear that next week's meeting, to demand that next week's meeting be happened, happen in public, in public view.
02:03:53.000I have a question that I'll ask you after when we get to the uncensored part.
02:08:27.000So for those that are wondering, that is one of Phil's hit songs, Two Weeks, that I you normally you can't do this because it's copyrighted and the AI won't let you do it, but I'm a wizard and Phil owns it.
02:08:40.000So, well, actually, he doesn't, but it's the juice.
02:08:46.000So what you were listening to was basically Paramour covering two weeks, and it took 30 seconds to make.
02:08:54.000And I keep hearing from people that AI music is not going to take over.
02:09:05.000The craziest thing about this is that my assumption is because there is only one prominent pop punk female singer, and that is Haley Williams, the majority of the training data for AI is based off of her songs.
02:09:22.000So whenever I do a song and I would say pop punk with female vocals, it almost always sounds like Paramore singing it.
02:09:30.000I think you should sue them, to be honest.
02:09:33.000I think that you can believe it is going to take off in some form or fashion and also believe that it has no soul because it has no soul.
02:09:41.000But people keep telling me, like, Richie McC., I think Richie was arguing.
02:10:22.000Tell me where you went in another story You'll never, you'll never cry, cry, cry again Tell me where you went.
02:10:37.000A shadow stretched across your face like they just went to the city.
02:10:56.000I called you once, the wind replied But you were already lost inside You traveled so
02:11:15.000far, but never You never smiled, smiled, smiled again Tell me where you went In another story You'll never, you'll never Cry, cry, cry again Tell me where you were.
02:11:38.000So that's a real song that I wrote, and I recorded 30 seconds of it on my guitar sitting here this morning into my phone, shitty microphone, uploaded to Suno, and then I prompted DreamPop indie female vocals, and it made that.
02:11:54.000It is insane to me that I can write a melody just like right now.
02:11:59.000I can come up with a melody, and it will make a full song.
02:12:02.000So what's going to happen for commercials when you're like, okay, we've got a, ooh, Spotify.
02:14:18.000There's a lot of things that go into it.
02:14:19.000If you can just be like, well, you know, just get the AI to do it, not only do you not have to worry about a human being saying yes or no, you don't have to pay them.
02:14:26.000And honestly, what is going to happen with this scenario where it sounds like Haley Williams singing two weeks, if Phil wanted to, he knows he can't afford to pay her.
02:14:41.000You have your marketing people create a bunch of sock puppets, leak the song, and then go on forums being like, holy shit, dude, this song just leaked.
02:14:49.000And I think Paramore just did a cover with all that remains.