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Bosses of the top Artificial Intelligence firms have met the leaders of the world's biggest economies. At a G7 lunch in France, they've been discussing AI risks and dangers. Who has more power right now - the politicians or the billionaire CEOs? Also in the programme: How the Great Pyramid at Giza has survived several thousand years worth of earthquakes; and why the world's coral reefs may be more resilient to climate change than we thought. (Photo: US President Donald Trump, OpenAI CEO Sam Altman, Google DeepMind CEO Demis Hassabis, South Korea's President Lee Jae Myung, Germany's Chancellor Friedrich Merz and Japan's Prime Minister Sanae Takaichi attend a working lunch with G7 leaders on innovation and AI during the G7 Summit in Evian-les-Bains, France, June 17, 2026. Credit: Reuters/Evelyn Hockstein)
Step right up folks! Please don't crowd! No need to shove, plenty here for everyone!Welcome to the Bonanza Extravaganza of the Artificial Intelligence “BOOM.” Silicon Valley billionaires are now proposing a scheme to deliver an unbelievable windfall to “every citizen.” Tech titans like Sam Altman of OpenAI are pushing the federal government to create a “public wealth fund” to let us commoners be investment partners in building the AI wonderworld.Lest you worry that this might be a corporate scam, note that Donald Trump, the deal-maker-in-chief, exults that letting the American public buy into the tech booms is a sure bet to “make them rich.” And Altman adds that a public investment fund would allow Joe and Jill Schmo to “participate directly in the upside of AI-driven growth.”Wow – benevolent capitalism!But wait – aren't AI barons infamous greedheads who constantly rig the system for themselves, sneer at the public, and openly disdain government programs? Well… yes.And wait again – they say We would “share in the upside” of AI, but what about the downside? Far from profitable, all of the industry's powerhouses, including OpenAI, are losing hundreds of billions of dollars while carelessly adding trillions in new debt and – shhhh – quietly admitting that their razzle-dazzle computer fantasies might not work.They won't tell you this, but going bust is a real possibility. And that is why AI's private-enterprise whizzes are now so desperately pushing us taxpayers to become their socialist “partners.” If and when they fail, your and my role is to save their bacon by demanding that “the public” deserves a government bailout.Do something!Want to help keep an eye on what Big Tech is trying to do with AI? Check out The Midas Project, a new AI watchdog nonprofit.Jim Hightower's Lowdown is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit jimhightower.substack.com/subscribe
After her 24-year-old daughter died by suicide in Montreal, Kristie Carrier read the months of ChatGPT conversations on Alice's phone — and filed suit against OpenAI and Sam Altman.SOURCES, LINKS, AND PRINT VERSION: https://weirddarkness.com/openai-suicide-lawsuitLook for this podcast on Apple Podcasts, Spotify, iHeart Radio, Amazon Music, Pandora, TuneIn Radio, and other podcast apps. Get a list of free listening apps here: https://pod.link/1078714736*No AI Voices Are Used In The Narration Of This Podcast*WeirdDarkness® is a registered trademark. Copyright ©2026, Weird Darkness.
Jordi Visser is a veteran macro investor with 30+ years of experience and the author of the VisserLabs Substack. In this conversation, we break down the SpaceX IPO, orbital data centers, and the critical minerals powering the AI buildout. We also discuss the AI model wars, why Jordi thinks Sam Altman won't be running OpenAI within a year, and how the New York Knicks playoff run connects to the future of crypto and blockchain in a world of AI and deep fakes.======================Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan, allowing you to borrow against your BTC, ETH, or SOL with 12-month terms, 8.91% interest rates, and no prepayment penalties. Or check out Democratized Prime (https://figuremarkets.co/pomp) and earn ~9% APY on real world assets, paid hourly. Unlock your crypto's potential today at Figure! https://figuremarkets.co/pomp Figure Lending LLC dba Figure (NMLS 1717824). Loans subject to approval. Crypto collateral may be liquidated. Terms apply - see full disclosures at figure.com/disclosures/======================Arch Public is an agentic trading platform that automates the buying and selling of your preferred crypto strategies. Sign up today at https://www.archpublic.com and start your automated trading strategy for free. No catch. No hidden fees. Just smarter trading.======================Simple Mining makes Bitcoin mining simple and accessible for everyone. We offer a premium white glove hosting service, helping you maximize the profitability of Bitcoin mining. For more information on Simple Mining or to get started mining Bitcoin, visit https://www.simplemining.io/pomp======================0:00 - Intro1:00 - SpaceX IPO, Elon & orbital data centers12:15 - Critical minerals & the AI supply chain18:55 - American industrial sovereignty & critical chemicals22:36 - AI model cost crisis & who wins the model war37:10 - Knicks NBA Finals & the case for crypto in an AI world47:48 - Jeff Bezos launches Prometheus50:34 - AI use case of the week
Sam Altman and Dario Amodei both published essays this week on the future of AI and what we must do so everyone benefits. One of them is literally titled "Our Plan." The other one has an actual plan.Kwaku and I dig into it all on this week's FAFO Friday. Plus — and this story isn't getting enough attention — according to New Scientist, two years ago Ukraine used fully autonomous “Terminator” drones that killed everything they saw. No human in the loop. Dead Russian soldiers. But rest assured, according to the drone-maker cited, it was just a one-off “test.” But how long until this is standard practice? And do we want that future? So, yeah, maybe we should get planning… ---Support Future Around & Find Out:* Follow Dan on LinkedIn https://www.linkedin.com/in/dblums/* Get the free newsletter: https://www.futurearound.com* Become a paid subscriber and help future proof FAFO! https://www.futurearound.com/upgradeMusic by Jonathan Zalben
Karen Hao joins The Nerve's Carole Cadwalladr for an eye-watering insider account of Sam Altman's Open AI and the burgeoning resistance against it. When it comes to Artificial Intelligence, what do we really have to be afraid of? When long-time AI expert and award-winning journalist Karen Hao began covering OpenAI in 2019, she thought they were the good guys. Founded as a nonprofit with safety enshrined as its core mission, it was meant, its leader Sam Altman told us, to act as a check against more purely market forces. But the mask quickly fell. She witnessed the company's meteoric rise first-hand, and as the company came to abandon its founding principles, she sounded the alarm about the sinister impact the company and the wider industry is having on society. As Artificial Intelligence becomes a common enemy, creatives, protesters, labourers, and researchers across the world are fighting back; and Karen is at the heart of documenting this burgeoning global movement. An unmissable listen for anyone concerned with the seismic impacts of this new technology and the motives of the people who make it. This episode is presented in partnership with The Nerve. Learn more about your ad choices. Visit podcastchoices.com/adchoices
How much would it take for you to tattoo a memecoin's name on your forehead? Taylor Lorenz (User Mag) tells us about the platform where crypto speculators pay strangers to do almost anything in service of pumping their coin's value: Pump.fun Go. But Taylor argues this is bigger than a weird internet rabbit hole — it’s a burgeoning ‘bounty economy,’ that’s quietly warping reality itself. Then: Sriram Krishnan, the Senior White House Policy Advisor on Artificial Intelligence, is leaving the White House. Nitasha Tiku (The Washington Post) explains his impact, what this means for the future of federal tech policy and who is jostling for influence in his place. Finally, Kyle Chayka (The New Yorker) on the ‘show’-ification of everything. Even the tech industry is getting into the game, literally. The Founders Fund just bankrolled a slick YouTube series where tech billionaires like Sam Altman and Palmer Luckey play Mafia, the parlor game. It’s bizarre. So why does Silicon Valley keep trying to make content happen, and who is it actually for?Additional Reading: These 430 Viral Videos Are Being Preserved in a British Archive The Bounty Economy Is Breaking Reality - by Taylor Lorenz Top Trump artificial intelligence adviser to leave the White House Kareem Rahma and the Tyranny of Web Video Shows | The New Yorker Can Tech Legends Find the Liar? (Mafia Episode 1) Download SAILY in your app store and use our code techstuff at checkout to get an exclusive 15% off your first purchase! For further details go to https://saily.com/techstuff See omnystudio.com/listener for privacy information.
“Welcome to the Church of Ludd, it's nice to see you join our congregation. Please pick up a pamphlet as you walk in, which explains how to set up your religious exemption from using AI at your workplace.” — After a fun story about religious refusal of AI, we then chat about the various policy proposals being put forth by folks like Sam Altman and Bernies Sanders which outline how public wealth funds, equity stakes in AI companies, and dividend payments can buy the public's trust in these technologies. ••• She won a religious exemption from using AI at work. The Pope's remarks could fuel similar appeals. https://www.businessinsider.com/worker-got-religious-exemption-using-ai-at-work-2026-6 ••• Senior U.S. Officials Eye Government Shares in AI Giants https://www.notus.org/technology/trump-ai-stake-openai ••• Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AI https://apnews.com/article/sam-altman-ai-bernie-sanders-trump-public-ownership-772224f9cd138eb79d3ef3336858a5d5 Standing Plugs: ••• Order Jathan's book: https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite ••• Subscribe to Ed's substack: https://substack.com/@thetechbubble ••• Subscribe to TMK on patreon for premium episodes: https://www.patreon.com/thismachinekills Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
Six months after their last roundup, Jacob sits down with Ari Morcos (Datology AI CEO, former Meta AI researcher) and Rob Toews (Radical Ventures partner, Forbes AI columnist) to take stock of an AI landscape that has shifted dramatically: coding agents crossing the long-time-horizon threshold has turned engineers into managers of agents, near-frontier open weight AI looks like it may be disappearing as Meta and the Chinese labs pull back, and Anthropic's restrictions on its newly released Fable model have its biggest supporters questioning whether safety framing is masking competitive positioning. The conversation runs through the full state of the lab wars, including Rob doubling down on his Sam Altman ouster prediction and the Bret Taylor succession theory, why Google's structural advantages remain intact despite falling behind on coding, what xAI's Cursor acquisition is really for, and Ari's claim that compute constraints could push labs to suspend their APIs entirely. The back half digs into the physical bottlenecks underneath it all, from atom and x-ray lithography startups challenging ASML to H100 prices reversing their decline, before closing with predictions: recursive self-improvement is closer than it was six months ago but slower than the takeoff narratives suggest, robotics is nearing its GPT-3 moment, and Anthropic's next chapter may be life sciences. (0:00) Intro (1:40) Coding Agents Cross a Threshold (3:29) Is Open-Weight AI in Retreat? (7:37) Cost Crunch & Scaffolding (12:13) The "Apps Are Cooked" Debate (16:37) Sam Altman Under Scrutiny (19:44) Anthropic's Fable Backlash (23:24) How Big a Step Change Is Fable? (26:50) What's Going On at Google? (33:20) Could the APIs Go Away? (34:11) Breaking the Semiconductor Bottleneck (35:42) Beyond EUV: Atom & X-Ray Lithography (37:23) Implications of a Compute Shortage (40:20) Do Alt Chips Actually Help? (43:43) SpaceX, xAI & the Cursor Acquisition (48:50) How Close Are We to RSI? (52:21) Quickfire With your host: @jacobeffron - Managing Director at Redpoint
Just in time for Pride month, Marsha Blackburn and the Heritage Foundation's anti-LGBTQ censorship is back (now supported by OpenAI). SUPPORT MY WORK: Buy a paid subscription to my newsletter at usermag.co Support my work on Patreon: http://patreon.com/taylorlorenz The Kids Online Safety Act (KOSA) is back, and this time, the White House is reportedly negotiating a deal to pass it in exchange for federal preemption of state AI laws. In this episode of Free Speech Friday, I break down why KOSA is one of the most dangerous internet censorship bills in Congress, why tech billionaires like Sam Altman and Elon Musk actually SUPPORT it, and what the media is getting completely wrong about this so-called "trade-off."I'm joined by Ari Cohn, one of the top First Amendment lawyers in the country, to explain exactly how KOSA's "duty of care" provision will force platforms to mass-censor content, including LGBTQ voices, mental health support communities, reproductive health information, and more. We cover the junk science behind the social media moral panic, the age verification privacy nightmare, how the FTC could become the internet's censor-in-chief, and why we've seen this exact panic before with comic books, video games, and television.Click the link below to take action now!!! https://www.badinternetbills.com In this video, we cover:What the Kids Online Safety Act actually doesHow KOSA could impact social media platformsAge verification and online privacy issuesThe potential effects on LGBTQ communities, mental health resources, and online speechWhy Elon Musk and OpenAI support KOSA.The reality of age verification and the death of online privacy.How KOSA targets niche communities and support groups.
AI Unraveled: Latest AI News & Trends, Master GPT, Gemini, Generative AI, LLMs, Prompting, GPT Store
AI Unraveled: Latest AI News & Trends, Master GPT, Gemini, Generative AI, LLMs, Prompting, GPT Store
Episode 750 arrives with a simple reminder: the bullshit never sleeps. This week Jason and Brian dive headfirst into a game of Douchebag Ping Pong featuring OpenAI, Anthropic, Elon Musk, and the rest of the AI industrial complex. OpenAI is preparing to go public while simultaneously transforming ChatGPT into an everything app, Anthropic wants the world to slow down AI development before Skynet shows up for work, and then immediately releases a more powerful model because apparently self-awareness only goes so far. Meanwhile, Sam Altman's eyeball-scanning side hustle is laying people off, proving that convincing humans to hand over their biometric data remains a surprisingly difficult sales pitch.The AI arms race gets even weirder as SpaceX unveils plans for orbital data centers the size of flying football fields while Google and Anthropic shovel billions into Elon's compute empire just to keep their models fed. On Earth, Seattle is trying to ban new AI data centers before they drink the city dry, Meta is planting AI infrastructure in India, Google is slashing Gemini prices, and a Mississippi judge discovers that lawyers on both sides of a case used AI to invent legal citations, resulting in the rare spectacle of artificial stupidity arguing against itself. Thankfully, AI also manages to do something useful, helping researchers develop a promising universal vaccine and reminding us that not every machine-learning story ends with humanity getting harvested for electricity.Elsewhere, crypto continues its transformation into performance art as Sam Bankman-Fried seeks a presidential pardon while reports suggest the Trump family made billions from crypto projects that left investors holding the bag. Meta gets caught quietly experimenting with face recognition in smart glasses, lawmakers scramble to require recording indicators, and Snapchat tightens protections for younger users. The guys also celebrate Apple's shockingly competent Sports app, a rare piece of software that simply does the thing it's supposed to do without trying to become your therapist, financial advisor, or AI life coach. Plus: Ghostbusters returns, Devil May Cry gets another season, Bill Burr takes on Facebook in The Social Reckoning, and a look at why Silicon Valley's newest luxury service appears to be paying actual humans for conversation.Sponsors:DeleteMe - Get 20% off your DeleteMe plan when you go to JoinDeleteMe.com/GOG and use promo code GOG at checkout.CleanMyMac - Get Tidy Today! Try 7 days free and use code OLDGEEKS for 20% off at clnmy.com/OLDGEEKSPrivate Internet Access - Go to GOG.Show/vpn and sign up today. For a limited time only, you can get OUR favorite VPN for as little as $2.03 a month.SetApp - With a single monthly subscription you get 240+ apps for your Mac. Go to SetApp and get started today!!!1Password - Get a great deal on the only password manager recommended by Grumpy Old Geeks! gog.show/1passwordShow notes at https://gog.show/750Watch on YouTube at https://youtu.be/w8POIp_Dts0SHOW NOTESOpenAI files SEC paperwork to go publicAnthropic proposes a global slowdown of AI developmentOpenAI Joins Anthropic in Call for International AI WatchdogAnthropic releases Claude Fable, a version of Mythos, days after warning AI is becoming too dangerousOpenAI reportedly has a major ChatGPT overhaul in storeSam Altman's Eyeball Scanning Company Now Laying Off WorkersElon Musk's first-gen orbital data center craft spans wider than a Boeing 747 and runs an interchangeable chip payload — AI1 satellite compute payload is 120 kW, peaks at 150 kWGoogle will pay SpaceX $920 million a month to use xAI's data centersSeattle is close to approving a year-long ban on large data centersMeta signs first AI data center deal in India with RelianceGoogle cuts the price of its AI Plus plan and doubles the storageJudge Learns Lawyers on Both Sides of Case Used AI, Cancels Trial, Kicks Everyone Off the CaseThe University of Cambridge says it successfully tested a vaccine with an AI-designed antigenKalshi will require employment info for some bets as an insider trading precautionSam Bankman-Fried applies for a pardon from TrumpTrump Family Reportedly Made About $2.3 Billion on Crypto While Investors Lost About $2.3 Billion on Trump-Related CryptoThe Nerdy Escorts Cashing In On Silicon Valley's AI BoomApple Made a Sports App That Does Almost Nothing. It's Incredible.Meta Removes Face-Recognition System From Its Smart Glasses, Is Mad About itSmart Glasses Would Legally Require a Recording Light Under Proposed LawSnap will no longer allow younger teens' Spotlight videos to be publicly viewableThe iOS 27 beta pretty much confirms that an Apple foldable is happeningThinking Sideways: How to Think Like a Chess Player and Win at Life by Jennifer ShahadeThinking Fast, Slow, Artificially: AI and Your BrainCloudConvertHoppersDownton Abbey: The Motion PictureWidow's BayThe New ‘Ghostbusters' Cartoon Gets a Title and Release DateDevil May Cry Season 2 on NetflixTHE SOCIAL RECKONING – Official Teaser Trailer (HD)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
AGENDA: 00:00 – SpaceX Launches the Largest IPO Roadshow in History at $1.77T Valuation 05:00 – Did Elon Break the IPO Playbook? The High-Risk Pricing Strategy Explained 12:00 – Will SpaceX Create a New Generation of Venture Billionaires? 17:00 – OpenAI Files to Go Public as the AI IPO Race Officially Begins 19:00 – Sam Altman's Vision: Why AI Is Becoming Always-On Infrastructure 22:00 – Apple Admits Defeat on Siri and Turns to Google AI 25:00 – Uber Cuts 23% of HR as AI Reshapes White-Collar Work 31:00 – Founders Revolt Against VCs: The Fundraising Horror Stories Going Viral 38:00 – Lovable Hits $500M ARR: The Rise of the 100-Person Billion-Dollar Company 48:00 – Elon's Masterstroke: Why the Cursor Acquisition Could Be the Deal of the Year
This Week In Startups is made possible by:NetSuite - Netsuite.com/TWiSTDeel - Deel.com/TWiSTSquarespace - Squarespace.com/TWiSTTwo days before SpaceX launches the largest IPO in history at a flat $135/share, our VC roundtable drops a scorcher: The top 1% of seed deals might actually be underpriced. Plus: the "Sequoia scam" dual-tranche controversy, tokens-for-equity deals, and whether Claude Fable 5 is a true step function.Tomasz Tunguz (Theory Ventures), Michael Downing (Castalia Capital), and Paige Doherty (Behind Genius Ventures) join Alex to go deep on Seed investing, startup economics, AI spend, and the impact of smarter AI on the founder journey.Guest Links:Tomasz Tunguz: https://x.com/ttunguzTheory Ventures: https://theoryvc.com/Michael Downing: https://www.linkedin.com/in/michaeldowning/Castalia Capital: https://castalia.capital/Paige Doherty: https://x.com/paigefinnnBehind Genius Ventures: https://www.behindgeniusventures.comShow Links:Anthropic's IPO announcement: https://www.anthropic.com/news/confidential-draft-s1-secOpenAI's IPO announcement: https://openai.com/index/openai-submits-confidential-s-1/Bending Spoons F-1 filing: https://www.sec.gov/Archives/edgar/data/2004711/000110465926071170/tm2613674-7_f1.htmSpaceX IPO filing: https://www.sec.gov/Archives/edgar/data/1181412/000162828026040364/spaceexplorationtechnologib.htmBrendan Foody's post on Sequoia: https://x.com/BrendanFoody/status/2063470286515683759Claude Fable 5: https://www.anthropic.com/news/claude-fable-5-mythos-5OpenRouter data on Chinese models: https://openrouter.ai/rankings?view=daySaronic: https://www.saronic.com/MotherDuck: https://motherduck.com/Nox Metals: https://noxmetals.co/Timestamps:0:00 Tomasz Tunguz, Michael Downing & Paige Doherty join2:07 The SpaceX IPO and the IPO window4:22 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at https://Plaud.ai/twist and use code TWIST for 10% off!6:30 The new bar: 10x growth (not 3x) to raise a great Series A8:46 Net-new AI budgets9:46 Squarespace: Turn your idea into a beautiful website! Go to https://www.squarespace.com/twist for a free trial. When you're ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.11:09 How some founders are outgrowing venture capital11:44 The power pendulum swings back to founders12:46 SpaceX vs. OpenAI vs. Anthropic: Which IPO is most enticing?19:53 Deel - Founders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, get visas handled fast, and get back to building. Visit https://deel.com/twist to learn more.26:07 Tokens-for-equity, GPU-hours-for-equity & the financialization of compute28:35 Founders airing VC dirty laundry (napping VCs included)29:56 Netsuite - The business landscape is very chaotic right now. That's why you need NetSuite, by Oracle. Get the free business guide Demystifying AI at https://Netsuite.com/TWiST36:38 Claude Fable 5 first impressions: pricing, benchmarks & orchestration45:42 Where value accrues: application layer vs. models vs. private data1:00:06 Nationalization of AI labs: Bernie Sanders, Sam Altman & Trump agree?!1:01:25 Portfolio spotlights: Saronic, MotherDuck, and Nox MetalsSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisGreat TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanis
Trump naps courtside and jinxes the Knicks. Bovino wants 100 million Americans disappeared. And Musk's robots are coming for the rest of us. In this episode: *
On Monday, June 1, Sen. Bernie Sanders (I-VT) published an op-ed in The New York Times proposing the American AI Sovereign Wealth Fund Act, a law that would transfer a 50% ownership stake in artificial intelligence (AI) companies into a federal sovereign wealth fund through a one-time tax. “The creative work of millions of people… has essentially been stolen by some of the wealthiest people in the world,” Sanders said. “It's time for us to reclaim it.” Simultaneously, President Donald Trump has been in discussions with Sam Altman, CEO of OpenAI (the maker of ChatGPT), about transferring equity of the company into a government-run “public wealth fund.” Trump has also suggested the government could take equity stakes in other leading AI developers. Why are World Cup tickets so expensive?After much anticipation, the first games of the World Cup jointly hosted by Canada, the United States, and Mexico will begin on Thursday at the historic Estadio Azteca in Mexico City. Associate Producer, longtime soccer/football fan, and Portsmouth supporter Aidan Gorman started looking for tickets — but what he found was a story. Today, Aidan explores the high cost of World Cup tickets and FIFA's embrace of dynamic pricing. Check out our latest video here!Ad-free podcasts are here!To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up!You can read today's podcast here and today's “Have a nice day” story here.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Take the survey: What do you think of partial government ownership of AI companies? Let us know.Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast written by: Will Kaback and audio edited and mixed by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Bailey Saul, and Audrey Moorehead. Hosted on Acast. See acast.com/privacy for more information.
Stefan Lassnig spricht mit dem Wiener Psychiater und Satiriker „Blauer Elefant“ über sein satirisches Handbuch „Zum Diktator in 30 Tagen“ und die „Rezeptur“ des modernen Rechtspopulismus. Die beiden diskutieren, wie autoritäre Persönlichkeiten in Zeiten von Kontrollverlust und Dauerkrisen mit einfachen Antworten, starken Bildern und klaren Freund‑Feind‑Narrativen punkten. Ausführlich geht es um die Rolle von Social Media, Boulevard und parteinahen Paramedien, deren Algorithmen und Mechanismen (Verknappung, Emotionalisierung, Polarisierung) rechtspopulistischen Akteuren enorme Reichweiten ermöglichen. „Blauer Elefant“ erklärt, warum Nationalismus, Personenkult und die Konstruktion von Feindbildern – vom „Schrödingers Ausländer“ bis zur „Lügenpresse“ – Kernbestandteile dieses Playbooks sind. Zum Abschluss wird die Frage gestellt, warum etablierte Parteien Emotionen wie Angst, Wut und Ohnmacht zu wenig adressieren und damit jenen das Feld überlassen, die mit einfachen Erzählungen komplexe Probleme ausnutzen. Links zur Folge: Buch "Zum Diktator in 30 Tagen" (Morawa) Podcast "Braune Kinderzimmer" (Stern) Ganz offen gesagt Folge #15 2025 Über Allahs mächtige Influencer Podcastempfehlung der Woche: Die Open-AI Story (ARD) Link zu unserem aktuellen Werbepartner "DIe Presse":http://diepresse.com/ganzoffengesagtCode: ganzoffengesagtWir würden uns sehr freuen, wenn Du "Ganz offen gesagt" auf einem der folgenden Wege unterstützt:Werde Unterstützer:in auf SteadyKaufe ein Premium-Abo auf AppleKaufe Artikel in unserem FanshopSchalte Werbung in unserem PodcastFeedback bitte an redaktion@ganzoffengesagt.atTranskripte und Fotos zu den Folgen findest Du auf podcastradio.at
OpenAI confidentially filed for an IPO on May 22 and announced it publicly on June 8. The valuation: $852 billion. The catch: the company loses $1.22 for every dollar it earns, and internal documents project a $14 billion loss in 2026 with no path to profitability until 2029.This episode breaks down the filing and the math behind it. Revenue is running around $2 billion a month, tripling year over year since 2023. The March funding round closed at $122 billion. Goldman Sachs, Morgan Stanley, and JPMorgan are leading the deal, and Sam Altman is targeting a September listing, which would put OpenAI at 34x to 40x revenue at a price between $852 billion and over $1 trillion.Then there's the competitive context. Anthropic filed its own confidential S-1 a week before OpenAI, at a $965 billion valuation, which now sits above OpenAI's. SpaceX starts trading Friday at $1.75 trillion. Three of the largest IPOs in history are landing inside a month, and the order they go matters: if Anthropic prints a profitable quarter before OpenAI lists, the market gets a benchmark for what a "good" AI company looks like, and OpenAI has to clear it.The filing also became possible because of one ruling. Two days before the confidential submission, a jury dismissed Elon Musk's lawsuit against OpenAI on a statute of limitations technicality. That was the single biggest legal obstacle to going public, and it was cleared first.We cover what the numbers mean for developers and businesses building on the API, why a public OpenAI optimizes for margins instead of developer experience, what the tender offer for employees signals about liquidity pressure, and whether public market investors will actually pay a premium on a company burning $14 billion a year.OpenAI IPO, OpenAI S-1, Sam Altman, $852 billion valuation, AI IPO 2026, Anthropic IPO, SpaceX IPO, AI bubble, AI stocks, ChatGPT, Goldman Sachs, September IPO.
Jim Love covers three headlines for June 10, 2026: OpenAI has filed confidential paperwork for a US IPO, with Reuters suggesting it could come as early as September amid a broader wave of potential blockbuster listings also involving Anthropic and SpaceX; the report reviews OpenAI's shift from non-profit to commercial powerhouse, prior governance turmoil around Sam Altman, planned conversion to a public benefit corporation, and disputed private-company revenue/user figures compared with Anthropic. Meta is aggressively rebutting a Wired report that found facial-recognition references in smart-glasses software that reportedly disappeared after inquiry, amid rising scrutiny of always-on recording and proposed notice laws. Kevin O'Leary apologized for missteps around Utah's Wonder Valley AI data center plan, which has been cut roughly in half after local opposition focused on water transfers, power, costs, and environmental impacts. 00:00 Headlines and intro 00:29 OpenAI files for IPO 02:14 OpenAI vs Anthropic numbers 03:35 Meta denies facial recognition 04:50 Smart glasses privacy backlash 05:58 Kevin O'Leary data center apology 07:02 Wonder Valley water and power fight 07:49 Lessons for AI infrastructure 08:54 Wrap up and support the show
Sam Altman ville inte tjäna pengar, utan rädda världen. Nu är hans Open AI, bolaget bakom Chat GPT, på väg mot en av världshistoriens största börsnoteringar. Hur gick det till när AI-racets skapare gick från att verka för mänsklighetens bästa till att kämpa för aktieägarnas intressen?Programledare: Simon Campanello. Med Linus Larsson, techredaktör på DN.Producent: Elinor Ahlborn.
This week we talk about initial public offerings, Anthropic, and investment flywheels.We also discuss AI, financial entanglements, and backstops.Recommended Book: Superconvergence by Jamie MetzlTranscriptAn initial public offering, or IPO, is what happens when a private company goes public and starts selling shares of itself, occasionally to just institutional investors like banks and sovereign wealth funds, but usually also to retail investors, which means normal people who buy stocks as part of their investment strategy.Often private companies go this route, go public, because it's one of the primary ways of gleaning new, oftentimes large inflows of money, and that money can then be used for investments in assets for the company, but it also allows employees who have shares in the company as part of their compensation to cash out, to get paid possibly a huge bonus for all their efforts, and it's often a means by which executives garner huge paydays for themselves, because they can now sell their accumulated shares, or borrow against them, or because they have something in their contract that says they get x amount of bonus money or new shares if they take the company public, or achieve a certain valuation goal—and going public is a good way to do that.This is also one of the primary ways investors in a company, whether that's a bunch of smaller seed investors or big-name venture capitalists, to get their money back; the 10 or 100x-ing of their investment, getting ten or 100-times the money they put into the company, generally happens through an IPO, because it can balloon the valuation of that company, and it gives them a more conventional and reliable way of getting money back for their shares: they can just sell those shares on the open market.So an IPO allows a private company to make shares of itself available to others, on scale. And the ‘initial' part of initial public offering points at the early days of the process, during which the baseline price of a share of stock is established.A fairly arcane and complex process has emerged around this, and it's an entire industry at this point, with some institutions specializing in taking companies public, helping them get as high an initial price on that stock as possible. They also help them leap all sorts of regulatory hurdles set by the Securities and Exchange Commission, if they're going public on a US exchange, at least, other bodies handle such things in other countries, and these going-public entities, called underwriters, which are usually investment banks, also typically have their own stake in the matter, earning compensation through a fee called a ‘gross spread,' which is the difference between a discounted rate on the stock and what the stock is sold for on the open market on that first day it's available.What I'd like to talk about today is a wave of very closely watched unusual, impending IPOs that are coming later this year, and one of them in particular that looks to be even more unusual than the rest.—SpaceX, OpenAI, and Anthropic are three of the largest companies in human history; on paper, at least.And that's an important caveat. Market valuation for private companies is generally determined by how much investors are willing to spend on a percentage ownership of the company. So if you start a lemonade stand and I offer to buy 1/10th of that lemonade stand from you for $100, that implies, using this logic, that your lemonade stand has a valuation of $1000; 10 times that $100 that I offered to pay you.Such valuations are also informed by independent analyses from outside experts and institutions. SpaceX, for instance, pre-IPO, is estimated to be worth somewhere between $780 billion and nearly $2 trillion, depending on who you listen to, based on their assets, their potential future earnings, and any advantages they might have in the markets in which they operate.AI company Anthropic is estimated to be worth something like $965 billion, based on a May 2026 series H funding round, through which it raised $65 billion; based on that funding round, the calculations were done, and just shy of a trillion dollars is what the math says the company is worth, though some outside analyses say it's worth a bit less than that, while others suggest it's maybe closer to $1.4 trillion.OpenAI, a direct competitor of Anthropic, is valued at about $100 billion less than Anthropic based on its most recent $122 billion funding round, but again, analyses put the company's actual value, what people and investors would pay for it on the open market, all over the place.Each of these companies have different variables acting upon them heading into a period in which it's expected that all three will IPO.OpenAI kicked off the current AI race, for instance, but it's burning money at an incredible rate, and has yet to make a profit, losing billions per year, and will probably continue to lose billions each year for a while into the future.Anthropic, on the other hand, offers a similar product as OpenAI, but is projected to post its first quarterly operating profit of just over half a billion dollars in Q2 2026, making it one of the first frontier-model-making AI companies to make a profit, as most of these companies are investing so heavily in research and infrastructure like data centers that they're still in heavy cash-burn mode.SpaceX is distinct from these other two also high-flying, cash-burning tech companies in part because of its colorful and controversial owner, Elon Musk, and in part because it's a rocket launch company that also sells internet services beamed down to earth from satellites, and until recently, most of its reliable income has come from that single offering, selling internet access. But it also recently had X, formerly called Twitter, a social network, and an AI company meant to compete directly with OpenAI and Anthropic, called xAI, folded into it.So it's now a multifaceted company with several edgy, but somewhat mature and difficult to compete with offerings, most of which make no money, but all of which in theory at least kinda sorta orient around AI and other sci-fi goods and services.The surge in interest and investment in AI over the past several years led to a pivot for most of Musk's companies, and that led to the merging of the smaller xAI and X into SpaceX, which was the only really profitable company of that trio of companies, and that merging, until just recently, made SpaceX unprofitable, as well.Because of the unprofitability and relative unpopularity of xAI's offerings, like the controversy-ridden Grok chatbot, SpaceX has recently taken to leasing out its data centers to competitors, like Anthropic and Google, each of which are paying around a billion dollars a month to use some of SpaceX's data center capacity, which xAI hasn't needed, because of the unpopularity of Grok, for their own AI services. That, in turn, has suddenly made SpaceX a little bit profitable, which is important for reasons I'll get into momentarily.This portion of the US-based AI industry is kind of a tangle in many ways, all of these companies competing, but also intersecting and overlapping, often investing in each other and in the infrastructure that underpins them, while also being invested in by those same infrastructural entities. And these three companies' IPOs are being seen as something of a weathervane, their success or failure, and the degree to which they succeed or fail hinting at the direction of this industry, and whether or not this is a financial bubble that will soon, or eventually, pop.There are hints that those at the top of these companies are attempting to hedge their bets, in case their IPOs don't do what they need them to do, or don't do what they need them to do at the right magnitude.Sam Altman, OpenAI's also fairly controversy-ridden CEO, has been very close with US President Trump, and has reportedly been holding meetings about the possibility of the US government taking a significant stake in OpenAI, and maybe other AI companies as well. The idea here is that US funds, so taxpayer dollars, would be invested in these companies, and that would tie the companies more closely to the US government, which could be beneficial if these companies then increase in value, making the US government a profit on that investment. This would be beneficial for the companies, in turn, because they would basically be backstopped by the US government; the US would be more likely to help them stay solvent to avoid losing that invested capital, with its regulations and laws related to AI, but it would also make these companies too big and too important to fail, giving them a lot of leeway in how they behave and compete, or fail to, from that point forward. And if they do still fail, the US taxpayer would be paying for a significant portion of that loss while those in charge, investors and the higher-ups of these companies, would walk away with a bunch of money.SpaceX is taking another approach to IPO bet-hedging, by asking top US stock indices, like the Nasdaq 100 and S&P 500, which track top stocks, ‘top' designated by value, but also other metrics, usually related to stability and profitability, to ignore some of those other metrics and allow SpaceX entrance into their indices more rapidly than would typically be allowed.These indices are meant, in part, to help protect investors from volatility. High-flying startups might surge at the beginning, immediately after their IPO, but then fizzle out when it becomes clear their fundamentals aren't good, and they're not actually a solid investment, long-term.What SpaceX wants is to be allowed into this club of valuable, long-term profitable and stable companies, because it is big and flashy and might have the largest IPO in history. And if these indices don't want to be left out of all that, the argument goes, they should allow SpaceX into their club, regardless of those long-time rules of admittance.Nasdaq, which runs the exchange where SpaceX will be listed, agreed to a rules change in May of 2026 that will allow large private companies, like SpaceX, that go public on their exchange, fast entry onto the Nasdaq 100 list.This change of rules was made exclusively for SpaceX, and it could have a significant impact on the company's IPO, because many index funds and exchange-traded funds, ETFs, track the Nasdaq 100, which means they balance their portfolio based on what's in the Nasdaq 100, keeping things relatively or absolutely proportionate to that fund.That means because of this change, a lot of everyday, passive investors, who have their retirement funds and pension plans and even their personal portfolios in index funds and ETFs that track the Nasdaq 100 will automatically end up holding some or a lot of SpaceX stock, despite it being an untested, new, currently unprofitable company. Some of these funds are automatically managed and will just buy SpaceX because that's what they're programmed to do, and others are managed by humans, but because they've promised their customers to keep their funds aligned with the market, more money going into SpaceX means they'll be inclined to join the club and buy a bunch of SpaceX, as well. And because of how this works, the more funds buying SpaceX stock, the more funds will be required or inclined to buy; it's a sort of stock flywheel.That exposes all these investors to more volatility of the kind they maybe hoped to avoid by tracking this index, which isn't supposed to be volatile. But SpaceX's Musk was able to demand this change because, again, this is looking to be the biggest IPO in history, the company valued at $1.77 trillion dollars after the IPO. As a result, he can demand these sorts of things, and typically be listened to.Some other stock market indices have also said they would allow quick entrance to their lists for SpaceX and possibly OpenAI and Anthropic, as well.The S&P 500, however, after assessing the possibility of quick entry, has rejected the idea, saying it won't bend its rules, no matter how big these three IPOs are looking to be. That means folks with money in S&P 500-tracking funds will be protected from that initial volatility.That said those recent deals SpaceX made with Anthropic and Google nudged them into profitability, and if they can maintain that profitability for a year, post-IPO, then they'll be able to enter the S&P 500. And because Google's parent company Alphabet is a significant investor in SpaceX, they've already made money, on paper, on the deal they made with SpaceX for that datacenter capacity, paying out less than they're making back in valuation.So that tangle of relationships is likely to continue to enrich those in charge of these companies, and those who hold a bunch of shares of their stock, but it's also likely to get more of these massive, but volatile companies into ostensibly less-volatile indices, faster, which could have repercussions for the one-third of private US wealth that is currently invested in the stock market.Show Noteshttps://www.investopedia.com/terms/i/ipo.asphttps://en.wikipedia.org/wiki/Initial_public_offeringhttps://www.bloomberg.com/news/articles/2026-06-05/spacex-s-75-billion-ipo-draws-more-orders-than-shares-availablehttps://www.marketwatch.com/story/elon-musk-needs-the-cultish-support-of-everyday-investors-to-pull-off-the-massive-spacex-ipo-08e7ea49https://uk.finance.yahoo.com/news/spacexs-ipo-dream-runs-into-wall-streets-oldest-test-chart-of-the-day-114542191.htmlhttps://www.cnbc.com/2026/06/05/tech-download-anthropic-ipo-ai-valuations.htmlhttps://www.nytimes.com/2026/06/05/technology/spacex-indexes-401k.htmlhttps://nypost.com/2026/06/04/business/one-third-of-americans-wealth-is-now-tied-to-the-stock-market-a-record-high/https://arstechnica.com/tech-policy/2026/06/sp-500-blocks-fast-spacex-entry-wont-waive-rule-for-unprofitable-ai-firms/https://arstechnica.com/tech-policy/2026/06/we-pissed-off-a-lot-of-people-giant-data-center-plan-cut-50-amid-protests/https://www.notus.org/technology/trump-ai-stake-openaihttps://techcrunch.com/2026/06/05/google-will-pay-spacex-920m-per-month-for-compute/ This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
Es el más fuerte porque combina Apple, IA, exclusividad, polémica y frustración del usuario. Tiene mucho potencial de clic sin sonar exagerado. Descripción optimizada Queridos Curiosinautas, esta semana tenemos un CuriosiMartes cargadísimo, porque el mundo tecnológico no se detiene… y Apple volvió a quedar en el centro de la conversación. Después del evento de desarrolladores, Apple mostró nuevas funciones de Apple Intelligence, un Siri más avanzado, nuevas versiones de iOS, macOS y todo su ecosistema, pero también aparecieron las primeras grandes limitaciones: lista de espera, restricciones por idioma, funciones que no llegarían a todos los iPhone y una situación cada vez más complicada en la Unión Europea. Además, analizamos la guerra silenciosa entre Sam Altman, Elon Musk, OpenAI y SpaceX, el crecimiento brutal de Google con IA, los nuevos sistemas que quieren ver y escuchar todo para ayudarnos… o para meternos en un problema enorme de privacidad. También hablamos de NVIDIA, robots que llegan al hogar con resultados bastante dudosos, China avanzando con tecnología nuclear portátil, los nuevos trajes espaciales con estilo de marca y una noticia esperanzadora: avances en impresión 3D biológica que podrían acercarnos cada vez más a la creación de órganos compatibles. La gran pregunta de este episodio es simple: ¿la tecnología realmente está avanzando para mejorar nuestra vida… o estamos entrando en una etapa donde todo será más poderoso, pero también más limitado, controlado y vigilado?
The Trump administration released the updated version of the list four months ago and then quickly pulled it without explaining why Also, as AI experimentation grows more expensive, Apple is waiving cloud API costs for developers with fewer than 2 million first-time App Store downloads. And Tools for Humanity, Sam Altman's identify verification company, is reportedly struggling to generate revenue and will downsize its staff. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Group Chat News is back with the biggest stories of the week including the Knicks taking over Madison Square Garden and the massive MSG spectacle, the final LA ballots coming in and the questions surrounding the mayoral election, the government wanting to buy into the major AI companies as Bernie Sanders, Trump, and Sam Altman all weigh in, the market dip and what Broadcom's forecast says about AI, SpaceX minting 400 new millionaires ahead of its IPO and the Ontario Teachers' Fund turning $300 million into a projected $11 billion, and a debate on Newport Beach, California living, and much more
Description The Future of Tech is Here. Subscribe to our Newsletter:https://theultimatepartner.com/ebook-subscribe/ Check Out UPX:https://theultimatepartner.com/experience/ In this presentation from Ultimate Partner Live, industry analyst Jay McBain breaks down the monumental macroeconomic shifts rewriting the tech sector in 2026. https://youtu.be/r0qTDyw97Gs As the industry rapidly approaches a $6.07 trillion valuation, driven by massive AI infrastructure investments from Sam Altman and the “Magnificent Seven,” traditional sales and channel models are fundamentally collapsing. McBain reveals how buyer demographics have transformed to an integration-first millennial base, why marketplace ecosystems now command over half of all partner-funded deals, and how a tiny elite of just 1,000 tech service providers control two-thirds of global tech revenue. Learn the exact mechanics behind how Microsoft out-partnered AWS to win 26 straight quarters of dominant growth and how your business can deploy an algorithmic early warning system to capture massive wallet share before competitors even step into the boardroom. Key Takeaways Over half of the Fortune 500 companies vanish every 20 years because their leadership fails to anticipate macroeconomic technological cycles. The true opportunity in the $6.5 trillion AI boom lies not in single vendor products, but in the hardware, software, services, and telecom ecosystem surrounding them. Indirect tech sales are undergoing a structural shift toward direct cloud hyperscaler models driven heavily by Nvidia's core infrastructure client base. Modern business deals are won or lost months before the point of sale based on the average of 6.3 partners surrounding a customer’s environment. Over 51% of tech buyers are now millennials who prioritize software integration capabilities and digital marketplaces over traditional human sales interactions. Tech service economics are pivoting aggressively away from upfront margins toward point-based multi-partner funding across subscription cycles. If you're ready to lead through change, elevate your business, and achieve extraordinary outcomes through the power of partnership—this is your community. At Ultimate Partner® we want leaders like you to join us in the Ultimate Partner Experience – where transformation begins. Key Tags Nvidia AI buildout, $7 trillion AI opportunity, cloud ecosystem decade, Microsoft vs AWS growth, multi-partner cloud deals, digital marketplace migration, millennial B2B buyers, B2B tech subscription economics, tokenized micro consumption, tech services wallet share, hybrid cloud infrastructure, 28 customer moments, IT services industry growth, telecom spend breakdown, channel chief strategy, managed service providers MSP, global systems integrators GSI, software integration first, point-based vendor incentives, automated co-selling workflows Transcript JAY McBAIN AUDIO PODCAST [00:00:00] Jay McBain: So to go back to that story about the 53% of companies who are gonna fail, one of us is gonna be asked to write the book, but chapter one is always you Blame the CEO. [00:00:13] Vince Menzione: We just came back from Ultimate Partner live in Bellevue, Washington, where we hosted incredible leaders for two amazing days. Come join us for this next session where we explore the tectonic shifts we’ve all been seeing. With that, I am incredibly blessed to invite a friend of mine to the stage. I have a quick little side note, like I found an old LinkedIn post from this gentleman from like many years ago, like 20 years ago. [00:00:39] Vince Menzione: And I wasn’t really that nice to you on that LinkedIn post. Like, oh, like this is before Jay became the Jay, that we all know Jay to be j. But he was in the space and I was at Microsoft doing something and he reached out about something. It was kind of rude, Jay. I was like, oh my gosh. I can’t believe. But Jay has been a great friend. [00:00:54] Vince Menzione: When we started the podcast back up, uh, during COVID we started doing podcasts together. When we moved to the studio, Jay was the first person in the studio. He’s always got a spot, uh, at our events. He’s s Spot Art, and, and he’s a great friend and supporter of Ultimate Partner Jay McBain. For those of you who don’t know him, Jay, welcome. [00:01:13] Vince Menzione: Thank you, sir. [00:01:22] Jay McBain: 31 days ago, we landed Artemis two. The furthest humans have ever been away from the planet Earth 57 years ago. We landed on the moon in the 56 years. Between those two moments, the tech industry has been the fastest growing industry in the world. Every single year we moved from the space race to the technology race, and we’re just getting started. [00:01:46] Jay McBain: If you’re old enough, you’ll recognize the mainframe and mini era for 20 years. You’ll recognize a young disheveled Bill Gates showing up in Boca Raton, Florida for, uh, August the 12th, 1981 launch, where Bill thought that every one of us would’ve a PC in our home, and IBM thought they were gonna sell 10,000 of them to hobbyists. [00:02:12] Jay McBain: 1999, a small startup from an executive who just left Oracle in San Francisco named Mark Benioff. A couple of years later, Jeff Bezos went into a boardroom and said, listen, we’ve spent a lot of money building infrastructure to our busiest day, Christmas, black Friday. You’re telling me this stuff sits idle 10 or 20% for the rest of the year. [00:02:35] Jay McBain: Why don’t we rent that out to others? Got laughed outta that boardroom and then got made of fun of on magazine covers. Maybe you should just tend the store, let the adults talk about technology. In March of 2023, our neighbors, our friends, our family saw DeepFakes. They saw poetry, they saw music, and they came to us as tech people and said, did we just light up Skynet? [00:03:03] Jay McBain: Now every one of these 20 year eras, this is the Taylor Swift version of our industry. Every single one of these eras triggers the fastest growing product in history. Today it’s actually Chacha bt first to a billion users. It triggers a new, richest person in the world, bill Gates, to Jeff Bezos. Now, Elon Musk is the first to sign a trillion dollar pay package, and it’s not for car. [00:03:27] Jay McBain: It’s not for cars. It also triggers a most valuable company in the world change. And today that’s nvidia. These are monumental changes in our industry and they’re monumental changes in partnering every single time. And it also links to our customers. If you take a 20 year view of business, one era, and, and think about the AI era, you know, at the start of it here, if you’re to grab the Fortune 500 magazine from 20 years ago and start to flip through it, 53% of the companies in there no longer exist. [00:04:06] Jay McBain: Every 20 year cycle, we lose over half of the biggest companies in the world. These are the companies that have very deep pockets to buy their way outta problems. If you’re not in the Fortune 571% of tech companies don’t make it 10 years. These are the changes that cost industries. There are changes that cost really big companies and the decisions we make, the trends we’re in right now, in 2026 will be written about in the future. [00:04:39] Jay McBain: This new era, a lot of big numbers being thrown around. Vince’s best friend talk about a six and a half trillion dollar AI opportunity, but it’s not Microsoft’s tam. Microsoft is chasing about a trillion dollars of this. And the ecosystem, the hardware, the software, the services, the telecom is gonna make up the rest. [00:05:04] Jay McBain: It is an ecosystem. Every time these big numbers are thrown, the word ecosystem is always thrown around it. Not to be outdone, Sam Altman’s talking about a $7 trillion build out. The world economy this year, the world GDP will be 126. These are material numbers to world GDP, but even better, they’re both larger than our entire industry is today. [00:05:27] Jay McBain: So what took 56 years of the fastest growing industry this year will be $6.07 trillion. Big numbers, but it’s easier to think about it in terms of a dollar that our customers spend in that dollar. They’re gonna spend 25 cents on hardware. They’re gonna spend 25 cents on software. So for anyone that read the memo 15 years ago, that software’s gonna eat the world, there’s still a dollar a hardware to run every dollar of that software. [00:05:57] Jay McBain: And whether you’re thinking humanoid robots or whichever future you’re envisioning, there’s going to be a dollar of hardware to run every dollar of software for the next 20 years. There’s over 25 cents now in IT services, and in many cases, these services are growing faster than the product categories and just under 25 cents in telecom, that’s how it breaks out today. [00:06:19] Jay McBain: And this industry, which took 56 years to get to this point, is gonna double in size in the next three to five years. We already have two and a half trillion of that seven raised and being spent. Part of the reason Nvidia is the most valuable company in the world. Now our industry, uh, you talk about ultimate partnerships. [00:06:40] Jay McBain: Our industry traditionally, and world trade by the way, is 75% indirect. The dealerships, the agencies, the brokers, the resellers, the retailers, the franchisees, the gas stations, the grocery stores, the pharmacies, all 27 industries sell indirect. You gotta think back the last time you bought something direct. [00:07:01] Jay McBain: Well, I bought a Dell from that dude in the nineties. Cool. Well, Dell Technologies is now 60% indirect. Well, I bought insurance. Direct is 15 minutes. Could save me 15%. Well, Geico last year sold more insurance through agencies and brokers than they did direct. This is the world now. We used to be 75% indirect four years ago. [00:07:26] Jay McBain: Then it went to 73.2, then it went to 70.1 and it then it went to 66.7. By the way, marketplace is in these numbers indirect. It’s not marketplace causing this change. It’s one company, Nvidia. Nvidia has seven customers. The magnificent seven, uh, half of them are in the room right now that every morning we wake up to a hundred billion dollars press release about this $7 trillion buildout. [00:07:56] Jay McBain: What’s interesting is indirect sales in our industry is growing by revenue. It increases every year, just not at the pace that this AI build out is happening direct with seven companies. But the reason we’re all here, and I think the core reason that Vince is building this community is this, you know, Microsoft forever has measured and been very vocal. [00:08:21] Jay McBain: About 96% of their deals have partners in them. Kind of who cares, who collects the money. We care about the moments, the 28 moments before the customer makes a purchase. We care about every 30 days forever, because two thirds of our industry, over $4 trillion now is subscription consumption based. Winning a customer today is only winning the first 30 days. [00:08:46] Jay McBain: We care about this cycle. We care about who surrounds our customer. So six years ago, I stood on a big stage and said, you know, we went through a decade of sales. You know, in 1999, you thought you were born to be a salesperson. You’re managing your territory with your gut. Well, a few years later, you were introduced to the science of selling. [00:09:07] Jay McBain: You know, 10 years later you thought as a marketer, you sit around a cocktail party joking with your friends, 50% of my marketing dollars are wasted. I just don’t know which 50%. Really funny. In 2009 until every 58-year-old CMO got replaced by a 38-year-old growth hacker. Coming in with Marketo and Eloqua and Pardot and HubSpot, and 15,505 as of yesterday, MarTech and iTech tools, ninjas in marketing, they wouldn’t let a nickel go through without measuring. [00:09:43] Jay McBain: Now we understand 96% of deals and partners that surround it. No deal is gonna be won or lost in this era without partnering effectively. So we had to have this decade of the ecosystem. One of the ways we’re tracking is by outsiders. You know, Salesforce every year publishes the state of sales and they’ve got, you know, the number one CRM in the world. [00:10:05] Jay McBain: So they get to go talk to all the CROs, all the salespeople in the world. And as of this year, a couple months ago, 94% of every salesperson in every industry in the world uses partners every single day. You wanna see what this number was six years ago. Also, 89% of salespeople around the world don’t think they’re going to club this year without partners. [00:10:29] Jay McBain: So this is a big moment for us, halfway through the decade ecosystem, but we’re only halfway through. We’re starting to understand now at a more granular level. What partnering means. It’s not theory, it’s not flywheels. It’s not really cute. McKinsey slides that we keep showing to our board saying how important partnering is. [00:10:51] Jay McBain: We’re trying to get to the very specific level of the 6.3 partners on average that surround the deal and what they’re doing. How their business model works, and that’s average if I’m working on a public sector deal. I was at a Red Hat conference yesterday talking sovereignty. If I’m in an enterprise or a large public sector deal, it’s north of 10 partners in the deal. [00:11:15] Jay McBain: So we’re starting to understand what used to be this, this, you know, you’ve been the fastest growing industry for 56 straight years. Every single professional services person in every industry has come in to join the fund. Over 90% of accountants are tech services firms. Over 90% of marketing agencies are tech services agencies. [00:11:36] Jay McBain: All of this 250,000 software companies, a million emerging comp tech companies, the half a million VAR that have been in that traditional channel. The managed service providers, all of these 20 different partner types, millions of companies, tens of millions of people competing for 6.3 spots. Around the customer. [00:11:58] Jay McBain: That’s it. Luckily, there’s 141 million global customers to compete for. There’s, there’s some open slots that you can go find, and that’s the point. Our industry never had our own Fortune 500. We always talk to, you know, these partners and GSIs are doing this and SI are doing that. And we never really had a view of capability and capacity or what our own TAM was inside of that partnering. [00:12:25] Jay McBain: And so we set out and we would’ve loved, you know, chat GPT or Gemini or Claude or any of those tools to do this. But there’s one problem in partnering with AI is that it doesn’t know one partner from the next. There’s a big digital sameness problem in our industry that every single partner, whether it’s Larry in the White van or Accenture, with 786,000 employees all say they do all things to all people all the time. [00:12:53] Jay McBain: 98% of them, 99% of them are private companies that don’t share their p and l. You can’t go into Microsoft’s LinkedIn system and find out how many employees, ’cause it’s a block system, it AI can’t see into it. So it just sees, and it’s a great pattern matching. Google, SEO can’t figure out who’s who, nor today can the large language models. [00:13:14] Jay McBain: ’cause all the things they’re trying to match, the transformers are trying to match. It all looks the same. Every tweet, every ebook, every website, every digital history looks the same. So this took us thousands of people hours across two years to do, to dig into every p and l to dig into every dollar of what they’re doing. [00:13:33] Jay McBain: But what was interesting is only a thousand partners in our industry do two thirds of all tech services. When you get into enterprise, it goes up to 80 to 90%. The partners in the middle, in Blue do more tech services. The 30 of them than the 970 partners in white on the outside, the 970 partners in White do more tech services than the next million combined. [00:14:03] Jay McBain: This is our industry in a nutshell. Every time we talk to a a vendor, every time we talk to a partner, every time we talk to a distributor, we’re now talking names, faces, and places. You you wanna talk sovereignty. Yesterday in Atlanta, 90% of sovereign conversations in public sector in the globe is handled by these companies here. [00:14:26] Jay McBain: Forget about how much you do with these partners today. You wanna chase the next column, which is the wallet share. And I was a channel chief for 17 years. I get the weekly report and I see a million dollar partner, another million dollar partner, sorted top to bottom. You don’t know which partners which, which of those million dollar partners is doing 1.2 million in your category. [00:14:46] Jay McBain: They deserve a baseball cap and a front row seat at your event as an MVP. The next partner right next to them is doing 10 million in your category. They’re only doing a million with you. ’cause customers are pulling them into it. Nine times outta 10. They’re leading with your competitor. So I don’t want that list anymore. [00:15:03] Jay McBain: I want the new list, which is showing me those $9 million opportunities. And I as a board member, as A CEO, as a CFO, as a CRO, I wanna see this list. And then I want to talk people, processes, programs, technology. What are we gonna do to go get our fair share of that 9 million? Where’s our lowest hanging fruit? [00:15:24] Jay McBain: How do we double our pipeline? How do we double the size of our company in three years? It’s all right here. Let’s have very specific conversations and move away from flywheels and move around from force multipliers and and things like that in partnering. Let’s figure out how this partner community is surrounded. [00:15:45] Jay McBain: What do 10 million people who have to be smart in front of their customers every single day, what do they read? Where do they go and who do they follow? It’s the law of a few. This is the old Malcolm Gladwell of tipping point 10 million people in the broader channel. A hundred percent of our TAM comes down to only a thousand watering holes. [00:16:08] Jay McBain: 12% of that entire audience. Doesn’t sound like a lot, but it’s over A million. People love podcasts. Number one way they learn the Joe Rogan effect. In our industry, there’s 121 podcasts. These are all public lists. You can go get on my LinkedIn newsletter on canals, oia. But there’s 121 podcasts that drive him forward. [00:16:28] Jay McBain: Really high up on that list, actually number one on the list is ultimate partner, Vince. That’s how I met. ’cause I asked people, 10 million people, you love this. You walk your dog, you drive to work, you listen to podcasts. I’m not the biggest podcast fan. It’s not number one on my list, but it’s number one on theirs. [00:16:44] Jay McBain: They say, you know, you gotta meet this guy, Vince. It’s unbelievable how great these podcasts are. They’re ultimate. [00:16:54] Jay McBain: Then I talked to Vince and said, but Vince, you know, 35% of your community, the 10 million people love to come to events like this one. The hallway conversations, the hotel lobby bar last night. This is what we love to do, especially post pandemic. It’s the number one way we learn. We learn from our peers, we learn from those around us, and, and the learn from the conversations we have here. [00:17:17] Jay McBain: We always remember these moments, you know, years and years later. There’s 352 choices. I’m going to five of them this week in five different cities. It’s a lot of coverage, but again, it’s a tighter li list of how people work. The magazine lists 106 of them associations like Conter. Now the GTIA peer groups, there’s 15 different spheres of influence, but only a thousand places. [00:17:43] Jay McBain: I could walk you through billionaire, after billionaire, after billionaire in this industry and show you how they did this. How did Arne Bellini at ConnectWise? How did Austin McCord at Datto, how did Nerdio become a unicorn? How did threat locker and huntress move away from 6,500 cyber companies and become unicorns over and over and over again? [00:18:05] Jay McBain: It’s only one slide. Unicorns and billionaires are made here, and a lot of people don’t get it. So walking away from Bellevue, a thousand partners, top down, a thousand watering holes, bottoms up. You’ve covered a hundred percent of your tam. You do it better than 10% of your competitor, 10% better than your competitors. [00:18:27] Jay McBain: You win. You carry that on your resume into the next company. You get a bigger job at a bigger pay scale. Let’s just walk through some examples. Cyber 91.7% of it goes through the channel. Huge channel audience. You know, if you’re in MarTech, it’s only 10%, but this one happens to be all channel, but that’s not the story. [00:18:48] Jay McBain: For every dollar that the 6,500 cyber companies are trying to close, there’s $2 in services. Plot twist, the products are grown at 11, the services are grown at 12.6. Your partners are growing faster than you are, and they will continue to for the next, at least five years, probably 10. So when I’m here, five years from now, you’ll hear in me talk about a three to one split in cyber and then a four to one split in cyber. [00:19:18] Jay McBain: Now, when we’re in Miami a couple days ago is CrowdStrike, they’re talking about a $7 and 5 cent multiplier, chasing that two to one up higher. You look at managed services. Here’s a fun story. Managed services. 82% of customers who are man, uh, outsourcing more this year than last year. 650 billion in size. [00:19:38] Jay McBain: This is bigger than the entire SaaS industry. Salesforce, ServiceNow, Workday, Marketo, NetSuite, HubSpot, 250,000. Others. This is bigger. It’s also bigger than all the Hyperscalers combined, not just AWS, Microsoft and Google, but Alibaba and Oracle and everybody down the list. This is a massive market also growing at double digits. [00:19:59] Jay McBain: So these are some big things and obviously we’re watching, you know, week in and week out, quarter in, quarter out, the Battle of Software and Battle of the Hyperscalers and things like that, and who’s growing at what pace and, and how partnering is connecting to all of this. You know, we watched a moment really early in the pandemic where Microsoft started growing faster than AWS and they haven’t stopped since 26 straight quarters. [00:20:27] Jay McBain: And you ask customers and say, you know, does Microsoft have a better product? And in most cases they say no. You know, AWS had a five year head start. Well, did they have a better price? Well, no, actually most cases Microsoft’s more expensive. Well, did did they have better promotion? Was their Super Bowl ad better? [00:20:44] Jay McBain: No, they’re both kind of crap. So you kind of ask the questions of what’s the only difference that could create growth above the leader in the market? Well, it’s place. More of the 6.3 partners are walking into those keyboard room meetings and drawing clouds up on the wall and labeling the Microsoft than they are AWS. [00:21:03] Jay McBain: Very simple. It’s never been about product. The best product in our industry has never won. And now the best way forward is that partnering moment, and this is the moment. So to go back to that story about the 53% of companies who are gonna fail, one of us is gonna be asked to write the book. And it could be the book like Kodak, they invented the product that ended up killing them. [00:21:26] Jay McBain: And it’s a woe is me story, but chapter one is always you blame the CEO. How could they not see those trends happening in 2026? How could they, you know, were they blind? Were they stuck in their own, you know, innovation chamber? Innovator’s dilemma, were they stuck in their own boardrooms? Why couldn’t they see? [00:21:46] Jay McBain: Well, chapter two, you, you blame the board. They have fiduciary responsibility, outsider view, and how could they not see it? But really, this is the future right here. If you take this slide and apply it 10 or 20 years from now to every failure and every success, these are the chapters of the book. Your buyer is now a millennial. [00:22:05] Jay McBain: As of last year, the 51% of our market is bought by people born after 1982. Different psychology, different behavior, different journey, different criteria, their integration. First buyers. The buy a product, 80% as good as the next one. If it works better in their environment. 94% of people won’t buy a car unless it has CarPlay or Android Auto. [00:22:26] Jay McBain: New Buyer. You have to be more integrated than your competitors. That’s a partnering story. The 6.3 partners. If you heard cyber, you need some great channel partnerships, but you need the other 5.3 partners as well, the consultants, the advisors, the designers, the architects, the implementers, the integrators, the manner service, all of the other partners. [00:22:44] Jay McBain: You need to know more of them than your competitors do, and have them label clouds with your name in them. You need better alliances. Even if you compete, you only compete in the morning. You’re best friends by the afternoon. You have to be tight with the hyperscalers, tight, with the big SaaS platforms, tight with cyber, tight with distribution, there are layers, seven layers to every deal. [00:23:04] Jay McBain: You gotta be tight in and have better alliances than your competitors. And then it all comes to the 28 moments, which I’m gonna end on, but the go to market of all of this, the co-selling, co-marketing, co-innovation, co-development, co keeping. This is it. Your product has to be good enough that somebody’s gonna renew it. [00:23:21] Jay McBain: Your Super Bowl has to be, you know, ad has to be good enough that people don’t, you know, shame you on social media. Your pricing has to be somewhere in a country mile of the bell curve of what the customer wants to pay. But successor failure is just here and platforms are synonymous with partnering. [00:23:40] Jay McBain: It’s our role now in the decade of the ecosystem to drive our companies forward. Marketplace. It’s probably the most predict, you know, great prediction we ever made. You know, growing at 82% compounded, it’s hard to predict ’cause it doubles almost every year. We were almost exact to the decimal point. Five years later now till 2030, we’re watching a second story, which is more interesting. [00:24:02] Jay McBain: If 96% of all deals have partners inside of them and there’s private offers and multi-partner offers and distributor sellers record all these funding mechanisms or services as a product. As of last week, over 50% of all deals in marketplaces now have partner funding. It means that while money changes hands differently, the respect and the recognition of what partners do is in the deal. [00:24:26] Jay McBain: We think that’s going to 59, but at some point, that’s gonna have to hit 96. ’cause to run the best programs, whether it’s an indirect sale, whether it’s a direct sale, whether it’s a marketplace deal, it doesn’t matter how money changes hands. What matters is we recognize the 6.3 partners. They’re not only making the deal happen bigger and faster, but renewing and enriching that every 30 days forever. [00:24:48] Jay McBain: When we watch, you know, billion dollar clubs and when we read all the press releases and all the hubbub about how fast this is growing and who, which companies are behind all this. When I’m quoted in some of these press releases, it’s because of this. You know, CrowdStrike, you know, brags are a billion dollars in a single year, but inside of that, they’re showing that 91% growth in marketplaces, which is pretty phenomenal for any company to almost double in size every single year. [00:25:17] Jay McBain: What’s more phenomenal is they’re growing the channel piece of it, 3548%. That green part of it is growing. Companies that understand platform and have people and processes and programs and technology to do it are winning. And they’re getting recognition and partners are starting to join the Billion Dollar Club who don’t sell a product, but are also winning at Extreme Scale. [00:25:44] Jay McBain: So talk about those partner 1000 and who are leaning in to win at this level. As well as everything changes, traditional billing moved into subscription models, moved into consumption models. Now we’re being tokenized to death multi it’s, it’s in this mode of micro consumption. There’s no chance there was little chance in subscription consumption that would be resold. [00:26:09] Jay McBain: You don’t buy Netflix from the cable guy in the white van. There’s zero chance when you’re buying tokens at a buck a piece that that’s going through any indirect sale. This continues to grow. Now the tectonic shifts is what happens when money changes hands differently. These old programs that we used to all write hundreds of different boxes, we checked every day on deal reg and trainings and all the other things are changing. [00:26:35] Jay McBain: To this, you’ll get these slides, by the way, in high res, inside of this now is the customer. For the first time ever, 45 years later, we have the customer in the middle of what we do, the 28 moments in green before they buy the seven layer stack and the partners inside it. The implementation. The integration, the managed services in a cycle that never ends, and two thirds of our industry. [00:26:55] Jay McBain: With the customer in the middle, we can now move money around to the different moments. It’s not all landing in front or backend margins or market development funds or new customer bonuses or spiffs. It’s landing where it needs to land. Over 400 companies now, pretty much led by Microsoft 400 companies are in a point system right now and 400 more. [00:27:18] Jay McBain: We’re working kind of behind the scenes to get that announced in the next 12 months. This is a total changeover in terms of how economics work and partners are yelling over half of us. I don’t care. Don’t call me a VAR anymore. Don’t call me an MSP. Don’t call me a regional system integrator. I do the consulting over half the time. [00:27:36] Jay McBain: I do the design, I do the implementations, I do the managed services, and 44% of us are vibe coding. On weekends. We’re not happy. Just on the services side. We wanna join the seven layer tech stack as well. These are partners growing faster than their vendors by understanding this cycle and where to show up and where the money is in ai. [00:27:56] Jay McBain: And the number one thing they’re asking for is not more leads, which they did for 45 years. The number one thing is now recognized for what I do. I’ve never just been a cash register. We’re completely now past this idea of a channel being a channel of distribution, and now a channel being this platform for the future. [00:28:16] Jay McBain: As we lay that on top of ai, the first couple of years of AI has really been consumer driven. The 95% failure rate that MIT reported last year is now 70%. That’s the failure to get from proof of concept to production. That 70 will be 50 by the summer we’re moving now in business, the maturity rates are going up at the end customer and in 88% of cases, that’s because of the channel. [00:28:43] Jay McBain: They’re working with partners. They’re not vibe coding themselves and working in little skunkwork groups. They’re working with partners to make it happen, and it now becomes the partner’s number one growth opportunity. I can grow at 11 or 12% in cyber every year. Compounded I can grow in 10% in managed services. [00:29:03] Jay McBain: You know, those are great double digit growth ’cause my customers are growing at 2.7% and I can go four x my customer, but I can go 10 x my customer if I have the right services built around ai. And this compounded growth rate and that big number in 2 20 32, 267 is what’s got those top 1000 partners obsessed. [00:29:25] Jay McBain: And your companies are leading with ai. Now you need to connect to those AI services. You need to get partners on this scale of growth. And they will be adding your name inside every cloud. They write on every whiteboard, but 82% of partners around the world, you know, we survey 25,000 of them aren’t ready, and they’re blaming vendors for not being ready, and they’re telling them exactly the workshops and the training that they need to get ready for this cycle. [00:29:53] Jay McBain: 82% of our entire partner, tens of millions of people, aren’t ready to grow at 35% and they need our help. Last thing I’ll say about AI is it’s the first time from client server to cloud, edge to cloud that it’s been segment driven. SMB alone has one, you know, six different segments, one to nine, 10 to 24, 25 to 49, et cetera. [00:30:18] Jay McBain: Mid-market into enterprise. No one that runs a restaurant is calling Jensen to buy a GPU to put next to the stove. No one’s calling Sam or Dario or anyone at Anthropic or OpenAI directly. They’re waiting. If you run a restaurant with all the people running around with tablets, you’ve invested in toast or square or clover or one of the platforms to run your business. [00:30:41] Jay McBain: A hundred different things. And you’re gonna wait for toast to work with a hyperscaler and build out the capabilities genetically. So when they see a spike in Uber Eats orders, they automatically place a food order and automatically change the staffing to deliver on it. That’s what the restaurant’s waiting for, and there’s no one calling and having a big a agent conversation. [00:31:03] Jay McBain: But even if you go into hundreds of people in medium sized business, every one of the vice presidents have their tech stack already built. I talked about the marketing person already, but the HR leader has one, and everybody’s got their seven layer stack. They’re not calling to buy a GPU and they’re not calling to, you know, bring in open AI directly or, or anthropic. [00:31:22] Jay McBain: They’re waiting for the platform they built to integrate together ag agenta capabilities. Everybody’s in wait mode up until enterprise and public, large public sector. So we are looking at this market and at 90% of that AI market is run by those thousand companies, and the rest of the millions of partners are helping in terms of how these businesses are gonna change at that level. [00:31:46] Jay McBain: Here’s where I end. You know, the 28 moments used to be a theory. It used to be a flywheel. How do we buy a car? [00:31:55] Vince Menzione: Well, we Google it, [00:31:57] Jay McBain: 81% of us now, 94% of us use large language models. We find out that there’s 365 brands of car. I’d have to test drive one every day of the year to get through them all. So we start narrowing these things down. [00:32:09] Jay McBain: We configure it. We put our rims on it, we color it. We download the invoice price. We download the backend rebates this month, whether I buy it in May or June, we find out what 5,000 people paid for our exact car within 50 miles of us. And then we don’t wanna go to the dealer because we know more than the salesperson, the manager ever will. [00:32:26] Jay McBain: We know what we’re gonna pay within, you know, dollars or cents. Just carvana the car. Hand me the keys. Let’s just forget the whole eight hour back and forth. I’ll get you a deal thing. I’m smarter than you in technology. Our customers are smarter than us, smarter than salespeople. That’s why 75% of millennials don’t wanna talk to a salesperson. [00:32:48] Jay McBain: They want to end digitally, and by the way, they’re not gonna send a fax after 28 digital moments. They’re gonna end on a digital marketplace. This is all demographics. It’s not hard to see where it’s going, but we’re getting into names, faces, places again. What if every dollar of your tam, the board, the CEO, runs around with their big multi-billion dollar number, they’re chasing? [00:33:09] Jay McBain: What if every single deal looks the exact same? This is a deal with AstraZeneca, A real deal, real customer spending millions of dollars. We know it starts in October, it ends in April. It’s a six month cycle. We see what they read, the MQ ls at the beginning. We see the sales demo moments. We see ISV, but we’ve never had the light blue boxes. [00:33:30] Jay McBain: What if we as a team could overlay the 6.3 partners in this deal? And when you find out a couple things. Here’s where I end. In December, five deals were one, three of them by NTT. The person at NTT probably coaches AstraZeneca’s, you know, kids’ soccer team. They probably have a cottage together at the lake. [00:33:50] Jay McBain: For the last 20 years, if the person at NTT worked at Deloitte, Deloitte would’ve run this deal. But Software One and Yash are both there, so we understand that when they were drawing clouds up on the wall in the boardroom in December, this deal was won and lost there. It was not won and lost at the point of sale. [00:34:09] Jay McBain: So what if you knew more about this and could see every dollar in your tam? You had an early warning system that this was happening. Two things jump out at this now that we’re in Bellevue. AWS was touched twice in this deal, directly in the marketing cycle and the sales cycle. AWS lost this deal. Here’s an example of Microsoft winning a deal with Microsoft never being touched. [00:34:34] Jay McBain: For some reason, NTT who won, who won AWS’s partner of the year a couple years ago led with Microsoft, so did Software one, Microsoft’s biggest reseller in Europe, and as did Yash, they all led with Microsoft and without Microsoft, knowing Microsoft took a multimillion dollar deal away from their competitors by winning in December. [00:34:53] Jay McBain: That’s one. Second. These partners didn’t just show up other than soccer and cottages. They didn’t show up in December. It went closed one in their CRM system. Back in the summer, August, September, we already knew AstraZeneca was in market, spending millions of dollars. We didn’t need them to read an ebook or go to an event to find that out. [00:35:17] Jay McBain: We knew it because it was closed one. They’re spending hundreds of thousands of dollars times five in December to know what to do at the end. This is an early warning system that’s better than any MQL, better than any SQL. And if you could give your company these level of view into their pipeline with an early warning system that I can work with those partners for months before they ever show up at the customer’s boardroom. [00:35:44] Jay McBain: This is it. Talk about 47% winners. This takes you from not only surviving the AI era to being a top five platform winner. Thank you very much. [00:36:01] Vince Menzione: Until next time, we’ll see you in person. Hopefully at our next event.
Ieri a Londra si è tenuto un meeting del gruppo di stati ribattezzato E3, ovvero Francia, Germani e Regno Unito. Una mini coalizione che sembra tenere volontariamente Meloni fuori dai giochi. Ma volutamente per chi? Il Governo italiano sembra voler rimanere fuori dai tavoli di discussione internazionale in questi giorni. Perché? Sam Altman, il fondatore di OpenAI, l'azienda proprietaria di ChatGPT è stato intervistato dalla CNBC americana e ha rilasciato diverse dichiarazioni interessanti, toccando un tema controverso per chi produce le AI: il lavoro. Vi capita mai di stufarvi più facilmente del solito quando scrollate sui social? Ebbene sappiate che non siete gli unici. Questo processo ha un nome, si chiama enshittification e oggi ne sappiamo qualcosa in più. Learn more about your ad choices. Visit megaphone.fm/adchoices
Ed Zitron is back, and he's making his strongest case yet that OpenAI and Anthropic are running a deliberate con on the public.In his second appearance on the Newcomer Podcast, Ed Zitron sits down with Eric Newcomer to break down why he believes there is no real ROI in AI, how Sam Altman and Dario Amodei have hidden the true cost of their products behind subscription pricing, and why enterprises like Uber are already pulling back. Ed also makes the case that the entire culture around AI is a psyop designed to silence skeptics and protect a trillion-dollar house of cards.Eric pushes back throughout, defending the long-term potential of AI and pressing Ed on whether pure skepticism is its own kind of shtick. The result is one of the most honest and combative conversations about AI you'll find anywhere.
Fusion startup Helion is racing to complete a power plant for Microsoft by 2028. A fresh infusion of cash should help with that. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In a program devoted to the topic of AI, Ralph welcomes first, Tyson Slocum, director of the energy group at Public Citizen, who tells us about the local backlash against the construction of data centers. Then New York Times climate writer, David Wallace-Wells, explains how the Big Tech CEOs did not count on human beings possibly rising up against them and their machines.Tyson Slocum is director of Public Citizen's Energy Program, covering the regulation of petroleum, natural gas and power markets. He serves on the U.S. Commodity Futures Trading Commission's “Energy & Environmental Markets Advisory Committee,” and frequently intervenes before the Federal Energy Regulatory Commission (FERC) representing the interests of household consumers.The basic question is they (Big Tech companies) are developing essentially governmental powers— governmental powers— not market powers or corporate powers. They've reached a level now where they are our government, the corporate government. And we have to escalate our urgencies to that level. It's more than just the hour is late. The hour is over. So we have to go back and respond with a completely unprecedented level of public interest, standards, etc., including whether this technology (AI) should be allowed at all.Ralph NaderI definitely see that we are in a speculative bubble. That bubble will burst. And folks within the AI industry, like Sam Altman, have been very clear where they have publicly said, when the bubble breaks, we expect to get a financial bailout because our AI applications are so important to the national interest.Tyson SlocumAnd the backlash to data centers isn't just about, oh, I'm concerned about my power rates going up or I'm concerned about the noise or the water usage. It's also a civil rights and human rights issue where people are saying, I don't like this vision that Big Tech is laying out for us that is going to be produced in this building down the street from our community.Tyson SlocumDavid Wallace-Wells is a columnist and staff writer at the New York Times, where he writes a weekly newsletter on climate change, technology, and the future of the planet. He is the author of the book, The Uninhabitable Earth: Life After Warming. His recent feature in the New York Times Magazine is “AI Populism is Here. And No One is Ready.”Just over the last six months, there's been a huge surge in anti-AI and in particular anti-data center organizing and activism in the U.S. And you can see that on the ground where you see huge crowds coming to town halls to protest new data centers that are being proposed. You see some towns that have approved those data centers literally having their entire city council voted out of office as a result. And you see it in these surveys where within the span of just a few months. Huge sentiment flips among the American public from being basically agnostic about AI with some misgivings and some optimism to pretty striking majority opposition to the technology and the infrastructure build out that it requires.David Wallace-WellsThis (AI) is a technological revolution that has been designed and is being built by an extremely small number of people with very particular idiosyncratic, in certain ways, I think, somewhat sociopathic worldviews.David Wallace-WellsNews 6/5/26* Our top story this week comes from Congress, where the House has, at long last, successfully pushed through a War Powers Resolution on Iran. As NPR notes “The resolution had originally been set for a vote two weeks ago, but Republican leaders sent House members home early for a May recess when it appeared the largely Democratic-backed measure had enough Republican votes for passage.” However, this did not substantially erode Republican support and the resolution passed by a margin of 215 to 208, with four Republicans, led by Thomas Massie, voting for a cessation of hostilities. The measure now heads to the Senate, where Democrats have been pressing the matter as well but face an uphill battle, and even if it passes through the upper chamber, President Trump is likely to veto the measure if it arrives on his desk. Moreover, House progressives are now pushing a new War Powers Resolution, this one focusing on Lebanon. POLITICO reports Congresswoman Rashida Tlaib forced a vote this Thursday on a resolution calling for the removal of U.S. troops from Lebanon in seven days, despite opposition from the leadership of her own party. The resolution failed by a wide margin, but still garnered a respectable 92 votes, including support from Congressman Massie. Symbolic though they may be, these votes show a growing backlash to Trump's military adventurism abroad, particularly in the Middle East. With oil prices continuing to rise, this discontent shows no sign of abating.* The main news this week however were the primaires. Tuesday saw a wave of major Democratic primaries across the country. Faiz Shakir, longtime advisor to Bernie Sanders and Executive Director of More Perfect Union, reports that election night was a “clean sweep for Bernie's endorsements” with five out of five of these candidates set to win the Democratic nomination in their respective races. One race Shakir highlighted was Sam Forstag's bid for Congress in Montana's 1st congressional district. Forstag, a firefighter – technically a “smokejumper,” who parachutes into remote areas to extinguish wildfires – earned the endorsements of AOC, Jamie Raskin, Pramila Jayapal and others, as well as many unions, in addition to that of Senator Sanders. Meanwhile in the Montana Senate race, Alani Bankhead has triumphed in the Democratic primary. According to Semafor, “Republicans suspect Bankhead will essentially cede the race to [independent candidate Seth] Bodnar (despite her denials), which would make the general election more competitive.” Bodnar is the former president of the University of Montana and his campaign is backed by former Democratic Senator Jon Tester. One recent poll of a head-to-head match up of Bodnar against Republican nominee Kurt Alme shows the candidates in a dead heat.* In New Jersey, two more Sanders-endorsed candidates have emerged victorious: Analilia Mejia and Dr. Adam Hamawy. Mejia won the special election to replace now-Governor Mikie Sherill in April, beating out former Congressman Tom Malinowksi, the heavy favorite in that race. Mejia is very likely to win this seat again in November, as she already defeated the Republican nominee, Joe Hathaway, in the special election. This from MorristownGreen. Perhaps more surprisingly is the victory of Dr. Adam Hamawy. Now a plastic surgeon, he has distinguished himself for his heroism: saving the life of now-Illinois Senator Tammy Duckworth when her Blackhawk helicopter was shot down in Iraq, serving as a first responder to the 9/11 attacks, and most recently, for his work in Gaza. As the Intercept puts it, “In 2024, [Hamawy]...went to Gaza to provide medical aid to Palestinians wounded by Israeli forces and was temporarily trapped there after Israel closed the Rafah border crossing. When the crossing was reopened, Hamawy was among a small group who refused to leave on demands that more medical workers be let in.” Hamawy's progressive policy platform includes support for Medicare for All, abolishing ICE, and opposing military aid to Israel. He is almost guaranteed to win this D+13 seat, succeeding Congresswoman Bonnie Watson Coleman.* The candidates Bernie endorsed in California also prevailed, with Randy Villegas poised to win his primary in the state's 22nd congressional district and Jane Kim winning her race for California Insurance Commissioner, but the results from the state overall are more mixed. As of now, Republican Gubernatorial candidate Steve Hilton leads in the count, with centrist Democrat and former Secretary of Health and Human Services Xavier Becerra in a close second and progressive billionaire Tom Steyer in third. However, as the count continues, Steyer's margin continues to improve while Hilton's ebbs away – meaning the runoff could end up being Becerra vs. Steyer, though it is still too early to say. A similar dynamic is unfolding in Los Angeles, where incumbent Mayor Karen Bass is ensured a slot in the general election while her opponents – Councilwoman Nithya Raman to her left and former reality TV star Spencer Pratt to her right – continue to duke it out for the second slot. With California's notoriously glacial counting pace and the LA Times reporting that millions of ballots remain to be counted, all we can do is watch and wait.* However, up in Minnesota, another Bernie-backed candidate is on the road to victory. On Tuesday, Peggy Flanagan, the Lieutenant Governor seeking the Senate seat being vacated by Amy Klobuchar, overwhelmingly won the endorsement of the Minnesota Democratic-Farmer-Labor Party. Her closest rival, Congresswoman Angie Craig, did not even bother to attend the party convention. While Craig decried the supposed anti-democratic nature of a party convention endorsement, Flanagan posted a video telling Craig “If you can't show up and face your own party, then you're not ready to face Republicans,” per the Nation. Flanagan can boast the endorsement of many high-profile progressives in addition to Sanders, such as Senators Elizabeth Warren, Ed Markey, and Minnesota's own Tina Smith, among many others. If elected, she would be the first ever Native American woman to serve as Governor of an American state.* More much-publicized endorsements came this week from AOC and New York City Mayor Zohran Mamdani, who both endorsed DSA-aligned legislative candidates, but as City and State NY notes, not the same ones. Mamdani gave his blessing to Darializa Avila Chevalier, a DSA-backed candidate running to unseat powerful Rep. Adriano Espaillat who is seeking his sixth term in Congress. Polling shows Avila Chevalier runs ahead of Espaillat when voters learn about her platform, but lags behind due to low name recognition – something the Zohran endorsement is sure to help remedy. Meanwhile AOC issued her endorsement of four DSA candidates for the state legislature. This all suggests that the two titans of the New York City Democratic Socialist movement are coordinating – with Zohran seeking to boost DSA's prospects without alienating the New York state establishment and vice versa for AOC – but that is nothing more than a hunch.* Looking southward, lame duck Republican Senator John Cornyn this week posted an article on his official Twitter page titled “Libertarian Ted Brown courts disaffected conservative voters in Texas' U.S. Senate race,” from Houston Public Media. Senator Cornyn's comment – “Ruh roh” – set off a firestorm of speculation that this was a subtle endorsement of the Libertarian's campaign and intended to undermine the campaign of his erstwhile opponent and victor of the Republican Senate primary, Ken Paxton. While Cornyn has furiously denied that this is in any way an endorsement of Brown, calling even the “characterization” that he is “promoting” this candidate “fake news,” there is little doubt that posting about Brown from his official account constitutes a promotion of the campaign, albeit not an endorsement. It will be interesting to see whether Cornyn takes other subtle, or not so subtle, digs at Paxton over the course of the campaign, given that he seems to hold a substantial degree of antipathy towards the Texas Attorney General.* Our next two stories come to us from Florida. First, in Florida's 24th congressional district, the National Journal reports longtime Congresswoman Frederica Wilson will not seek reelection. We recently discussed Congresswoman Wilson on this segment when it was revealed that she had been MIA from the House for weeks following an undisclosed eye surgery. Wilson is 82 years old. The National Journal couches this story in the context of aged members of Congress accepting, or more often refusing, to pass the torch. In its gerontocracy tracker, it highlights members like Doris Matsui, John Garamendi, Jim Clyburn and Maxine Waters, all of whom are 80 years old or older, who are actively seeking reelection this cycle.* Meanwhile, in Florida's 20th district, the Sunshine State's redistricting initiative has put the historically Black district in jeopardy. Under the newly drawn lines, the frontrunner in this seat is Congresswoman Debbie Wasserman Schultz and though she claims the Congressional Black Caucus and House Minority Leader Hakeem Jeffries told her that “they know I know our community” the CBC has not endorsed her and Rep. Yvette Clarke, the CBC's chairwoman, said the caucus did not encourage Wasserman Schultz to run in the district. However, there are currently four Black candidates vying for the seat previously held by Congresswoman Sheila Cherfilus-McCormick, including Cherfilus-McCormick herself as well as progressive challenger Elijah Manley, former Mayor of Broward County Dale Holness and Luther Campbell the former rapper more famously known as Uncle Luke. Now, according to the Miami Herald, all four of these candidates are meeting to “discuss coalescing behind one candidate.” Manley is quoted in this piece saying that while they have not reached an agreement, they “did agree that we needed to consolidate,” and he said the “conversations are going on. They have been very constructive and fruitful.” It is encouraging that in the wake of Callais decision we are beginning to see a more strategic approach to Black political representation, which has been too long monopolized by powerful longtime incumbents intent on nothing so much as preserving their own fiefdoms.* Finally, in a story shocking to exactly no one, Axios is out with a new report showing that the National Guard occupation of Washington D.C. has done little to reduce crime in the District. Per a new study by the centrist Niskansen Center, while the security theater of the deployment seems to have deterred “opportunistic” property crime, violent crime remained on the same downward trajectory it had been on since before the deployment. Moreover, the promised co-benefit – that the presence of the Guard would free up the Metropolitan Police Department to focus on high-crime areas – did not materialize at all. Despite these lackluster results, President Trump plans to double the National Guard presence in Washington – which already costs $1.5 million a day – ahead of the 250th anniversary events this summer. This is an outrageous waste of taxpayer money especially now that we know for sure how little impact this hostile occupation is actually having on driving down violent crime.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe
JOIN PATREON FOR EARLY UNCENSORED EPISODE RELEASES: https://www.patreon.com/JulianDorey CLIPPERS DISCORD: https://discord.gg/8QmWEKJ3BT FOLLOW JULIAN DOREY IG: https://www.instagram.com/julianddorey/ X: https://x.com/juliandorey FOLLOW JOEY DEEF IG: https://www.instagram.com/joeydeef/ X: https://x.com/TokeMalone JULIAN YT CHANNELS - SUBSCRIBE to Julian Dorey Clips YT: https://www.youtube.com/@juliandoreyclips - SUBSCRIBE to Julian Dorey Daily YT: https://www.youtube.com/@JulianDoreyDaily - SUBSCRIBE to Best of JDP: https://www.youtube.com/@bestofJDP ****TIMESTAMPS**** 0:00 - Deef headed to Europe, The Secret spot in Rome 2:35 - The Fugazi Trump Netanyahu Call 7:45 - CIA Whistleblower predicts fun things in Iran 11:08 - Jared Kushner lied 14:07 - Jared Kushner's Affinity Partners 16:50 - Saudi Arabia, MBS, Jamal Khashoggi, Al-Fayed, Kushner & Epstein Links 23:38 - Kushner Albania Controversy & Al-Fayed's Allegations 32:08 - Mamdani skips Israel Day Parade 35:12 - Jared Kushner & Ivanka Trump Syria “Pay to Play” 43:02 - The Problem w/ Jared's deals 44:39 - Paolo Zampolli's Wife still unloading the clip 50:28 - Howard Lutnick continues to be a scumbag 54:24 - Julian on the Current Elites & the Fall of Ancient Rome 1:06:09 - Datacenters are apparently people too 1:07:18 - Surveillance State Datacenters (Hooray) 1:09:20 - Microsoft & Big Tech LOSING MASSIVE $$$ on AI 1:14:32 - Tokenmaxxing, FAFO & Crash coming 1:17:33 - Kevin O'Leary continues to shill datacenters & taxbreaks (REACTION) 1:25:42 - China vs. US AI Race & diff w/ datacenter backlash 1:28:48 - NVIDIA backyard datacenters 1:30:18 - Google Executive's AI Warning & Sam Altman is nuts 1:32:07 - Blackrock says they are going to enslave you 1:34:18 - How China figured out AI better than we did 1:36:56 - Off to Rome CREDITS: - Host, Editor & Producer: Julian Dorey - COO, Producer & Editor: Alessi Allaman - https://www.youtube.com/@UCyLKzv5fKxGmVQg3cMJJzyQ - In-Studio Producer: Joey Deef Julian Dorey Podcast Episode 432 - Julian Dorey Music by Artlist.io Learn more about your ad choices. Visit podcastchoices.com/adchoices
Ben Brody breaks down OpenAI CEO Sam Altman's visit to the Hill this past week. This story was featured in The Readback, our weekend digest featuring the best of Punchbowl News this week. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices
Secure your spot for the MULTI-AGENT ORCHESTRATION AI COURSE: https://multiplai.ai/multi-agent-orchestration-course/Are AI jobs disappearing faster than they're being created—or are we asking the wrong question?For months, AI leaders warned of massive job losses. Now, some of the same voices are changing their tune. But while Sam Altman and Dario Amodei are sounding more optimistic, tech layoffs continue to climb, AI anxiety is spreading across the workforce, and business leaders are facing a difficult question: what's actually happening beneath the headlines? In this week's AI News episode, Isar Matis breaks down the conflicting signals shaping the future of work and explains why the next few years may be far more turbulent than many expect. He also explores a major shift in the AI race: why model intelligence is no longer the primary battleground, and why speed, cost, accessibility, and business value are becoming the metrics that matter most. If you're a business leader trying to understand where AI is headed—and what it means for your workforce, strategy, and competitive advantage—this episode provides a practical framework for separating hype from reality.In this session, you'll discover: Why Sam Altman says he may have been wrong about the pace of AI-driven job disruption. The Jevons Paradox and how increased AI productivity could create new demand. The reality behind recent tech layoffs and whether AI is truly responsible. Why employee anxiety around AI may matter more than the statistics themselves. The growing gap between jobs being eliminated and new AI-related roles being created. Why reskilling workers may be harder than most organizations expect. How the AI race is shifting from model quality to business value. Why open-source models are rapidly closing the gap with frontier AI systems. The hidden cost explosion companies are experiencing with AI tokens and agents. What Microsoft's latest Build announcements reveal about the future of enterprise AI. Why robots cleaning homes may be an early sign of AI's impact on blue-collar work. About Leveraging AIThe Ultimate AI Course for Business People: https://multiplai.ai/ai-course/YouTube Full Episodes: https://www.youtube.com/@Multiplai_AI/Connect with Isar Meitis: https://www.linkedin.com/in/isarmeitis/ Join our Live Sessions, AI Hangouts and newsletter: https://services.multiplai.ai/eventsIf you've enjoyed or benefited from some of the insights of this episode, leave us a five-star review on your favorite podcast platform, and let us know what you learned, found helpful, or liked most about this show!
President Trump signed an executive order this week that “voluntarily” invites AI makers to share their most advanced models with the government thirty days before a wider release. Specifically, the NSA will be reviewing these models for cybersecurity threats. So what's this executive order mean for AI regulation? How voluntary is this really? Do we want the NSA involved? And what other forms of review may come next? And, related: NOTUS reports that federal officials are in talks with Sam Altman and other AI leaders about the US government stock in these companies. This comes as Sen. Bernie Sanders on the left and Steve Bannon on the right are both calling for the government to own 50% of the AI companies, with the American people getting dividends. So, should the government be regulating AI? Should it own AI? And should it both regulate and own AI? It's strange bedfellows all around…Kwaku and I get into on the latest FAFO Friday. Plus, we explore the concept of “cognitive uploading,” which Google NotebookLM's co-founder Steven Johnson divined in this week's interview (and subsequently blogged about). As we work with AI, we need to draw lines on what we will task it with and what we won't. And the lines are all over the place right now, which is a perfect jumping off point to future around and find out… ---Future Around & Find Out newsletter and more: https://www.futurearound.comMusic by Jonathan Zalben
“AI represents successful capitalism. What we have alongside that is unsuccessful government. Government has no plan — left or right.” — Keith Teare It's the 82nd anniversary of D-Day. On June 6, 1944, there was an unambiguous end game — the defeat of Nazi Germany. But today, end games are more controversial, especially in terms of harnessing the AI revolution to benefit everyone. For Keith Teare, publisher of That Was the Week, the AI end game requires an “Institute of the Future.” Everyone from Bernie Sanders and Elizabeth Warren to Elon Musk and Sam Altman should hammer out a plan to harness AI for the benefit of society. Keith offers the internet governance organisation ICANN as a model for this institute. It will shape the future for all of our benefit, he promises. So a D-Day for AI? I'm sceptical of this type of Brave New World-style technocracy. Firstly, Sanders, Warren, Musk and Altman agree on very little. And Musk and Altman hate each other. I'm also dubious that AI will or can benefit everyone. As Keith notes, some professions — teachers, for example — will be decimated by AI. Where I agree with Keith, however, is that we need a new politics for this new age. Political parties, rather than institutes, of the future. Innovation rather than ICANN. Five Takeaways • The Anthropic IPO Slip — and Why SpaceX Now Looks Small: Anthropic accidentally filed for its IPO this week — what the New York Times described as a slip. The terms of SpaceX's unconventional $75 billion IPO were also revealed. Keith's observation: SpaceX now looks small by comparison. He tried to buy SpaceX shares this week through his brokerage and expects to get none — the demand will be way bigger than the supply, and the price will go up from the offering. San Francisco real estate is already feeling the Cerebras effect: 800 employees are now millionaires. The three big IPOs — Anthropic, OpenAI, SpaceX — will compound that on a much larger scale. • Successful Capitalism, Unsuccessful Government: Keith's framework for the week: AI is capitalism working. Resources are directed to money-making opportunities via the profit motive, which coincides with innovation and, at least in the short term, creates lots of jobs. That is successful capitalism. Alongside it: unsuccessful government. The Trump administration went from hands-off to requiring all AI models to be submitted for a 30-day assessment before launch — in the same week. No plan. No endgame. Everyone has an opinion. Nobody states what outcome they want. • Keith's PhD: Why Capitalism Is Never Static: Andrew challenges Keith's authority to pronounce on these matters. Keith reveals: he has a PhD from the University of Kent in Canterbury — on why capitalism is never static, and why new entrants always eclipse what went before. Andrew: that was the 1970s, Keith. Does a fifty-year-old PhD give you authority? Keith: it's a useless criticism. You could say that to anyone about anything. The exchange is revealing: the argument is not about credentials but about frameworks. And Keith's framework — capitalism as dynamic, government as static — has at least the virtue of consistency. • Credit to Bernie and Warren: At Least They're Having the Conversation: Andrew expects Keith to trash Bernie Sanders (50% government ownership of AI companies) and Elizabeth Warren (high taxation of AI profits). Keith surprises him: at least they're having the conversation. His criticism is not that they're wrong to want wealth distribution but that their framing — tax, centralise, spend — is unattractive to most people and captured by the interests of the old economy: teachers' unions, trade unions, legacy coalitions that can't think freely about a future without teachers as they currently exist. • An ICANN for AI: Keith's One Concrete Prescription: Andrew pushes Keith for one concrete thing politicians should do this year. Keith's answer: create an Institute for the Future. Bring Musk, Altman, Amodei, Sanders, Warren, and everyone else to the table with a clear mandate — define the future you want, agree actual outcomes, seek governmental authority to implement them. His model: ICANN, the global internet governance body, which disagrees constantly and still makes decisions. Andrew's verdict: Keith wants to create an ICANN for society. Interesting idea. History's jury is out. About the Guest Keith Teare is a British-American entrepreneur, investor, and publisher of the That Was the Week newsletter. He is a co-founder of TechCrunch and Andrew's regular TWTW co-host. He holds a PhD from the University of Kent. References: • That Was the Week by Keith Teare. • Noah Smith, “We Need Liberal Nationalism to Come Back” — referenced in the conversation. • The Economist, “American Capitalism Has Taken an Apocalyptic Turn” — referenced in the conversation. • Ben Thompson on Google becoming a capital company; John Battelle on Google reinventing itself from search to data infrastructure — both referenced. • ICANN — the Internet Corporation for Assigned Names and Numbers, Keith's model for AI governance. About Keen On America Nobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,900 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting. WebsiteSubstackYouTubeApple PodcastsSpotify Chapters: (00:31) - Introduction: D-Day, June 6, and the Anthropic IPO slip (02:26) - What is the endgame? AI is no longer just a tech story (03:46) - Successful capitalism, unsuccessful government (04:49) - Atomisation and the absence of proper conversation (05:33) - Andrew challenges Keith's authority (06:42) - Keith's PhD: capitalism is never static (07:13) - Bernie Sanders: 50% ownership of AI companies (07:30) - At least they're having the conversation (07:55) - The old economy framing: tax, centralise, spend (08:25) - What gives Keith the authority? (09:00) - Jack Clark and the call to slow down (10:00) - The Trump administration at war with itself (15:00) - Andrew Yang and universal capital distribution (20:00) - ...
This week on Grumpy Old Geeks, Brian and Jason once again survey the smoldering wreckage of the tech industry and discover that the people building the future are increasingly being sued by governments, publishers, customers, employees, and occasionally reality itself. California is coming after 23andMe over its catastrophic data breach, Florida is taking a swing at OpenAI, CNN has joined the ever-growing conga line of companies suing Perplexity, and Meta somehow decided the solution to improving AI is recording employees' every mouse click while generously allowing them a whole 30-minute privacy break. Meanwhile, Google's own engineers are sharing memes about how much Google's AI tools suck, Microsoft apparently wants users addicted to its new AI assistant - first taste's free! - and Anthropic is preparing to go public with a valuation that makes even the most irrational dot-com era investor look financially responsible.The AI arms race continues producing exactly the kinds of outcomes you'd expect when venture capitalists start huffing their own press releases. Instagram's AI support bot reportedly helped hackers steal accounts because apparently "Are you sure you're the owner?" was considered an optional step. Suno raised another $400 million while fighting copyright lawsuits, Paramount+ seems to have let AI create the ugliest Star Trek thumbnail in Federation history, and Stan Lee has now been digitally resurrected because modern capitalism looked at death and said, "Nice try." Over in transportation, BYD is so confident in its self-driving technology that it's willing to pay for your accidents, while Tesla owners are discovering their old Full Self-Driving contracts may have quietly received software updates of the legal variety. Somewhere in a conference room, a lawyer just whispered, "Let's not put that in writing," ten years too late.Elsewhere, governments worldwide continue their ongoing experiment of raising children by confiscating smartphones. Malaysia has implemented a social media ban for kids under 16, Poland wants phones and smartwatches locked away at school, and Kentucky schools just collected $27 million from social media companies accused of building products as addictive as cigarettes.Dave Bittner drops by for a visit and we discuss Spotify listeners apparently preferring old music because new music keeps getting algorithmically focus-grouped into oblivion and a healthy dose of Star Wars, Downton Abbey, Derry Girls, Lego, books, gadgets, and AI-generated jazz. Add it all up and you've got another week where the only thing moving faster than technology is the legal department trying to keep up.Sponsors:DeleteMe - Get 20% off your DeleteMe plan when you go to JoinDeleteMe.com/GOG and use promo code GOG at checkout.Shopify - Sign up for your one-dollar-per-month trial today at Shopify.com/grumpyPrivate Internet Access - Go to GOG.Show/vpn and sign up today. For a limited time only, you can get OUR favorite VPN for as little as $2.03 a month.SetApp - With a single monthly subscription you get 240+ apps for your Mac. Go to SetApp and get started today!!!1Password - Get a great deal on the only password manager recommended by Grumpy Old Geeks! gog.show/1passwordShow notes at https://gog.show/749Watch on YouTube at https://youtu.be/A1sv2BEzWBkShow NotesVibe Coders are Script KiddiesDestroy the BroligarchyColorado Governor Vetoes Surveillance Pricing Ban as Public Backlash Against the Tech GrowsCalifornia sues 23andMe over 2023 data breach that affected 7 million usersFlorida sues OpenAI, Sam Altman, in first-of-its-kind lawsuit over violent incidentsMeta will reportedly let employees take 30-minute breaks from its tracking programInstagram is alerting users who were targeted by hackers during AI chatbot attacksGoogle Employees Internally Share Memes About How Its AI SucksGoogle ordered to put clearer links in AI search and let UK publishers opt outMicrosoft Wants to 'Make People Addicted' to its New AI Assistant, Internal Documents RevealMeta, other social networks will pay $27 million to settle Kentucky school district lawsuitMalaysia's under-16 social media ban carries fines up to $2.5 millionPoland wants to ban phones and smartwatches in schoolsCNN is the latest media company to sue PerplexityStill facing copyright lawsuits, AI music generator Suno raises another $400MBYD is assuming financial liability if you crash while using its self-driving techAnthropic is set to go public after filing paperwork with the SECData Center Operators Are Trying to Fix Their Water Use ProblemsTesla Owners Say Their Old FSD Contracts Were Quietly ChangedStan Lee's voice and likeness have been resurrected, thanks to AIParamount+ used AI to make the ugliest Star Trek thumbnail ever2026 World Cup Wall ChartI Am Not a Robot: My Year Using AI to Do (Almost) Everything by Joanna SternCarl's Doomsday Scenario: Dungeon Crawler Carl Book 2 by Matt DinnimanWisdom Takes Work: Learn. Apply. Repeat. by Ryan HolidayBelkin Connect 4-Port USB-C Hub - USB C Hub Multiport Adapter Dongle with 4 USB-C 3.2 Gen 2 Ports - High-Speed 10G Data Transfer for Laptop, MacBook, iPad, PC, and More - 100W PD - $32.24Dave BittnerThe CyberWireHacking HumansCaveatControl LoopOnly Malware in the BuildingThe Mandalorian Season 1Star Wars: RebelsWrapped up the Downton Abbey series rewatchBuffy and Ted Lasso star Anthony Head dies at 72Almost through the Derry Girls series.Lego Mando and Grogu set (mild spoiler)AI generated JazzThe Biggest Hits on Spotify Right Now Are a Blast From the PastSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
https://youtu.be/Zl79XkZdba0 (*Watch the YouTube version for MANY images! Releases June 5th)On today's episode of the Occult Symbolism and Pop Culture with Isaac Weishaupt podcast we're exploring the Backrooms! We're first going to discuss the concept of Liminal Spaces, where they've been depicted in pop culture films and shows, real life locations you've been to, and most importantly the occult ritual element of initiations using these spaces! We'll then discuss the internet history of what Backrooms are: Creepypasta and the concept of fiction manifesting into reality through hyperstition cyberspace! After all that we'll do a plot spoiling movie analysis of Kane Parsons new record breaking Backrooms film! I'll walk you through all the concepts I saw during my viewing which will include: Twin Peaks, (of course), underground initiation rituals, aliens, magick, all seeing eyes, crossing the Aleister Crowley and Jack Parsons Abyss, cannibalism, human furniture, Moonchild homunculus, Sam Altman, Carl Jung, Epstein, 4chan and the technofascist plan to retrocausally create AI gods from the HP Lovecraft Cthulhu Abyss!Free Feed YouTube video will release June 5th! https://youtu.be/Zl79XkZdba0Links:Longlegs Analysis- Occult Demons, NLP MKULTRA, Satanic Murders, Doll Magick & Twin Peaks!https://illuminatiwatcher.com/bonus-longlegs-analysis-occult-demons-nlp-mkultra-satanic-murders-doll-magick-twin-peaks/Wayfair Conspiracy Theories: Human Trafficking Furniture Camps KUBRICK Adrenochrome and Hollywood Movies!https://www.illuminatiwatcher.com/wayfair-conspiracy-theories-human-trafficking-furniture-camps-kubrick-adrenochrome-and-hollywood-moviesPortals Pt 1: Magick Gateways, Jungian Symbols & Pop Culture Portals EXPLAINED!https://illuminatiwatcher.com/portals-pt-1-magick-gateways-jungian-symbols-pop-culture-portals-explained/The Shining Decoded Pt 1: Conspiracies, Illuminati, MKULTRA & Project Monarch!https://illuminatiwatcher.com/the-shining-decoded-pt-1-conspiracies-illuminati-mkultra-project-monarch/FREE book, social medias, appearances & more: https://allmylinks.com/isaacw SUPPORTER FEEDS get bonus content AND go commercial free + other perks:*PATREON.com/IlluminatiWatcher : ad free, HUNDREDS of bonus shows, early access AND TWO OF MY BOOKS! (The Dark Path and Kubrick's Code); you can join the conversations with hundreds of other show supporters here: Patreon.com/IlluminatiWatcher (*Patreon is also NOW enabled to connect with Spotify! https://rb.gy/hcq13)*VIP SECTION: Due to the threat of censorship, I set up a Patreon-type system through MY OWN website! IIt's even setup the same: FREE ebooks, Kubrick's Code video! Sign up at: https://illuminatiwatcher.com/members-section/*APPLE PREMIUM: If you're on the Apple Podcasts app- just click the Premium button and you're in! NO more ads, Early Access, EVERY BONUS EPISODE WANT MORE PODCASTS?... Check out my UNCENSORED show with my wife, Breaking Social Norms where we discuss conspiracies, politics, relationships and more!: https://breakingsocialnorms.com/Merch, MushroominatiWatcher Coffee, shirts, signed books: https://occultsymbolism.com/Isaac's Link Tree with links to EVERYTHING: https://allmylinks.com/isaacw *STATEMENT: This show is full of Isaac's useless opinions and presented for entertainment purposes. Audio clips used in Fair Use and taken from YouTube videos.
SpaceX is targeting a $1.77 trillion valuation, but some analysts think it's worth half that. Plus, Florida sues OpenAI — the first state to take legal action against an AI company. But first, President Donald Trump signed an executive order this week, similar to the one he called off last month, asking AI companies to give the government a first look at advanced models that could have national security implications. It comes after models like Anthropic's Mythos have raised cybersecurity concerns for reportedly being too good at finding and exploiting software vulnerabilities.Marketplace's Meghan McCarty Carino spoke with Liz Lopatto, senior reporter at The Verge, to learn more.Everything we talked about:“PROMOTING ADVANCED ARTIFICIAL INTELLIGENCE INNOVATION AND SECURITY” from the White House“Trump Signs Executive Order Seeking Oversight of A.I. Models” from The New York Times“SpaceX: What Investors Need to Know About Its Enormous Upcoming IPO” from Morningstar“SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says” from CNBC“Attorney General James Uthmeier Files First-in-the-Nation State-Led Lawsuit Against OpenAI, CEO Sam Altman for Deceptive Practices and Harms to Floridians” from Florida's Attorney General“OpenAI Sued by Florida's Attorney General Over AI Harms” from The Wall Street Journal
SpaceX is targeting a $1.77 trillion valuation, but some analysts think it's worth half that. Plus, Florida sues OpenAI — the first state to take legal action against an AI company. But first, President Donald Trump signed an executive order this week, similar to the one he called off last month, asking AI companies to give the government a first look at advanced models that could have national security implications. It comes after models like Anthropic's Mythos have raised cybersecurity concerns for reportedly being too good at finding and exploiting software vulnerabilities.Marketplace's Meghan McCarty Carino spoke with Liz Lopatto, senior reporter at The Verge, to learn more.Everything we talked about:“PROMOTING ADVANCED ARTIFICIAL INTELLIGENCE INNOVATION AND SECURITY” from the White House“Trump Signs Executive Order Seeking Oversight of A.I. Models” from The New York Times“SpaceX: What Investors Need to Know About Its Enormous Upcoming IPO” from Morningstar“SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says” from CNBC“Attorney General James Uthmeier Files First-in-the-Nation State-Led Lawsuit Against OpenAI, CEO Sam Altman for Deceptive Practices and Harms to Floridians” from Florida's Attorney General“OpenAI Sued by Florida's Attorney General Over AI Harms” from The Wall Street Journal
Live from AIS 2026 in Boston, Dr. Grant Stevens welcomes Philippe Schaison, CEO of Soltego, for a conversation about innovation, entrepreneurship, and the long road from scientific discovery to commercial launch.Philippe explains how Soltego was built around groundbreaking dermatology research and shares insights from more than five years of product development and clinical validation. He also tells the memorable story of attracting early investment from some unexpected names, including Sam Altman, long before ChatGPT became a household name.A fascinating look at the intersection of science, skincare, and startup building in the aesthetics industry.» Apple Podcasts | https://podcasts.apple.com/us/podcast/technology-of-beauty/id1510898426» Spotify | https://open.spotify.com/show/0hEIiwccpZUUHuMhlyCOAm» Recent episodes | https://www.influxmarketing.com/technology-of-beauty/» Instagram | https://www.instagram.com/thetechnologyofbeauty/» LinkedIn | https://www.linkedin.com/company/the-technology-of-beauty/The Technology of Beauty is produced by Influx Marketing, The Digital Agency for Aesthetic Practices. https://www.influxmarketing.com/Want more aesthetic insights? Subscribe to Next Level Practices, the show where we discuss the ever-changing world of digital marketing and patient acquisition and bring you the latest ideas, strategies, and tactics to help you take your practice to the next level. https://www.influxmarketing.com/next-level-practices/
As Florida sues OpenAI and CEO Sam Altman for allegedly prioritizing corporate profits over public safety, alarm is rising nationwide regarding how advanced artificial intelligence can manipulate vulnerable individuals and even aid in violent criminal acts. Florida Attorney General James Uthmeier joins to examine the state's dual civil and criminal offensive against the tech giant, the chilling role a chatbot played in an FSU campus shooting and a youth suicide, and how local prosecutors plan to weaponize consumer protection laws to mandate strict age verification and safety guards.New FOX News polls show a dramatic, 20-year shift in how Americans view higher education. With tuition costs skyrocketing, growing debates over free speech, and artificial intelligence reshaping the workforce, more families are asking if a degree makes financial sense in the long run? FOX News' Alex Hogan sits down with NYU Stern School of Business professor, podcast host, and author Suzy Welch to break down what's happening across American campuses. Plus, Suzy shares strategic advice from her book, "Becoming You," on how young professionals can navigate a broken career conveyor belt and pivot ahead of major tech trends. PLUS, commentary by Jason Rantz, author of What's Killing America, and the host of The Jason Rantz Show Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week, Dave and Ben sit down to Florida's recent lawsuit against OpenAI and Sam Altman. In the suit, Florida alleges that the company placed profits over safety needs. Additionally, the two cover a story on an ad-based surveillance network. While this show covers legal topics, and Ben is a lawyer, the views expressed do not constitute legal advice. For official legal advice on any of the topics we cover, please contact your attorney. Links to today's stories: Florida sues OpenAI and CEO Sam Altman, accusing them of putting profit over safety. Uncovering Webloc: An Analysis of Penlink's Ad-based Geolocation Surveillance Tech Get the weekly Caveat Briefing delivered to your inbox. Like what you heard? Be sure to check out and subscribe to our Caveat Briefing, a weekly newsletter available exclusively to N2K Pro members on N2K CyberWire's website. N2K Pro members receive our Thursday wrap-up covering the latest in privacy, policy, and research news, including incidents, techniques, compliance, trends, and more. This week's Caveat Briefing looks into the EU levying a substantial fine against Temu for breaching the bloc's DSA. Curious about the details? Head over to the Caveat Briefing for the full scoop and additional compelling stories. Got a question you'd like us to answer on our show? You can send your audio file to caveat@thecyberwire.com. Hope to hear from you. Learn more about your ad choices. Visit megaphone.fm/adchoices
DOCKET ALERTS: Never one to let a good crisis go to waste, Republicans are insisting that the lone gunman at the White House Correspondents Dinner means that Trump can — in fact, must! — build his illegal ballroom. Acting Attorney General Todd Blanche tweeted out a demand for the National Historic Trust to drop its lawsuit. The Trust told him to get bent. Trump's shakedown of the IRS hit a snag as a federal judge in Florida said she may not have jurisdiction over a case where the plaintiff and the defendant are the same person — Donald Trump. And EPA Administrator Lee Zeldin is being so weird at Congress. Is he bad at law, or just lying? MAIN SHOW: It's a courtroom brawl between Elon Musk and Sam Altman over the past and future of AI. Musk claims he was swindled out of seed money by claims that OpenAI would be operated as a non-profit, only to watch the company pivot to a trillion-dollar for-profit enterprise. The jury is empaneled, and the trial begins this week. The Supreme Court heard oral argument Monday in Chatrie v. US. The case involves law enforcement's use of "geofencing" data to find criminal suspects based on their cell phone location data. Should the government have to get a warrant to collect that info? What should those warrants look like? Court Side-Eyes Trump's Plan To Sue Himself And Loot The Treasury https://www.lawandchaospod.com/p/court-side-eyes-trumps-plan-to-sue Shuffle Up And Deal [Subscriber Bonus Episode] https://www.patreon.com/posts/ep-subscriber-up-156633231 Musk v. Altman https://www.courtlistener.com/docket/69013420/musk-v-altman National Trust rejects Trump demand to drop ballroom suit in wake of shooting https://www.washingtonpost.com/politics/2026/04/27/trump-ballroom-national-trust-lawsuit/ Oral argument in Chatrie v. US [geofencing warrants] https://www.supremecourt.gov/oral_arguments/argument_transcripts/2025/25-112_o758.pdf Show Links: https://www.lawandchaospod.com/ BlueSky: @LawAndChaosPod Threads: @LawAndChaosPod Twitter: @LawAndChaosPod
DESCRIPTION: Elon Musk discovers that filing a lawsuit against Sam Altman and sh*tposting about it on social media is a lot more fun than testifying Alex Jones is back on his BS. He managed to delay a proposed deal to license InfoWars assets to the satirical news outlet The Onion. Again. The judge presiding over Trump's shakedown case against the IRS for the wrongful disclosure of his tax returns in 2020 has appointed a whole squad of lawyers to serve as amici. They'll brief the issue of whether the court has jurisdiction to preside over a case where the president appears to be suing himself. L&C's Doofus of the Day is Pete Hegseth. MAIN SHOW: James Comey has been indicted again. This time his "crime" is posting a picture of seashells arranged to say "8647." It is exceptionally stupid, but we will break it down in exceptional detail. As a companion to our written post, we unpack Wednesday's Supreme Court decision in Louisiana v. Callais effectively gutting Section 2 of the Voting Rights Act. Subscribers will get a deep dive into what the new districts might look like with Joe Dye. Finally, we'll cringe our way through the DOJ's latest motion in the ballroom case — it's the most inappropriate, unprofessional thing we've ever seen, including from pro se litigants. Louisiana v. Callais [Supreme Court opinion] https://www.supremecourt.gov/opinions/25pdf/24-109_21o3.pdf The Supreme Court Just Effectively Repealed The Voting Rights Act https://www.lawandchaospod.com/p/the-supreme-court-just-effectively US v. Comey https://www.courtlistener.com/docket/73256624/united-states-v-comey Trump DOJ Pursuing Separate Comey Probe for Classified Leaks https://news.bloomberglaw.com/us-law-week/trump-doj-pursuing-separate-comey-probe-for-classified-leaks Trump v. IRS https://www.courtlistener.com/docket/72207870/trump-v-internal-revenue-service Live updates from Elon Musk and Sam Altman's court battle over the future of OpenAI https://www.theverge.com/tech/917225/sam-altman-elon-musk-openai-lawsuit National Trust for Historic Preservation v. National Park Service https://www.courtlistener.com/docket/72028010/national-trust-for-historic-preservation-in-the-united-states-v-national/ Show Links: https://www.lawandchaospod.com/ BlueSky: @LawAndChaosPod Threads: @LawAndChaosPod Twitter: @LawAndChaosPod
DOCKET ALERTS: The Supreme Court stayed a lower court decision out of Texas banning doctors from dispensing the abortion drug mifepristone. The Colorado Supreme Court barred Children's Hospital from cutting gender-affirming care, calling it a denial of treatment on the basis of sex and gender identity. The DOJ is suing the DC Bar to stop it disciplining upstanding government lawyers like Ed Martin and Jeff Clark. The case has been assigned to Judge Richard Leon!!! Elon Musk lost his lawsuit against Sam Altman and OpenAI. MAIN SHOW: The DOJ's effort to harass trans kids and their medical providers is escalating into a judicial crisis as Judge Reed O'Connor in the Northern District of Texas purports to bar Rhode Island Hospital from seeking redress in any other court or from "aiding and abetting" anyone else in seeking redress. Meanwhile in Rhode Island, Judge Mary McElroy says the Hospital does not have to comply. Trump purports to "settle" his lawsuit against the IRS over the 2020 disclosure of his tax returns by establishing a $1.8 billion slush fund for the "victims of weaponization" of the DOJ under Biden. Is that legal? (No.) Danco Labs v. Louisiana [US Supreme Court - mifepristone] https://www.supremecourt.gov/opinions/25pdf/25a1207_21p3.pdf Boe v. Children's Hospital Colorado [Colorado Supreme Court - gender affirming care] https://www.coloradojudicial.gov/system/files/opinions-2026-05/26SA66.pdf US v. Fox [DOJ sues DC Bar] https://www.courtlistener.com/docket/73338949/united-states-v-fox/?order_by=desc In Re: Administrative Subpoena 25-1431-032 [Texas action] https://www.courtlistener.com/docket/73276712/in-re-administrative-subpoena-25-1431-032/ In Re: Motion to Quash Administrative Subpoena to Rhode Island Hospital [Rhode Island action] https://www.courtlistener.com/docket/73290254/in-re-motion-to-quash-administrative-subpoena-to-rhode-island-hospital/ Trump v. IRS [docket via CourtListener] https://www.courtlistener.com/docket/72207870/trump-v-internal-revenue-service/ DOJ Notice of Settlement - administration of "Anti-Weaponization Fund" https://www.justice.gov/opa/media/1441086/dl OLC Memorandum, "Availability of Judgement Fund in Cases Not Involving a Money Judgment Claim" https://www.justice.gov/file/151086/dl?inline Show Links: https://www.lawandchaospod.com/ BlueSky: @LawAndChaosPod Threads: @LawAndChaosPod Twitter: @LawAndChaosPod
Top executives from artificial intelligence giants are making regular visits to Capitol Hill. Yet their message seems to have landed on deaf ears with top Democrats. Jake breaks it all down ahead of OpenAI CEO Sam Altman's visit today. Plus, Punchbowl News Defense Reporter Anthony Adragna discusses the latest FISA drama surrounding President Donald Trump's appointment of Bill Pulte as acting director of national intelligence. Watch this episode on YouTube here! Punchbowl News is on YouTube. Subscribe to our channel today to see all the new ways we're investing in video. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices
California voters head to the polls today in a statewide primary election. Kevin Rector of the Los Angeles Times joins to discuss the biggest races. It was a consequential day for the country’s leading AI companies. Anthropic filed for an initial public offering, the Wall Street Journal reports. Meanwhile, NPR reports that the state of Florida sued OpenAI and its CEO, Sam Altman, over safety concerns. The Supreme Court will soon rule in two significant cases that could have major implications for November’s midterm elections. Jan Wolfe of Reuters explains what’s at stake in each of the decisions. Plus, why the White House could soon drop the DOJ “anti-weaponization” fund, Hezbollah and Israel agreed to a partial ceasefire, and why the white picket fence is disappearing from American yards. Today’s episode was hosted by Gideon Resnick.
Today's Headlines: The Traitor Fund is effectively dead for now — the DOJ said it "disagrees strongly" but will abide by the court's ruling, which is the closest thing to a clean win we've gotten in a while. Trump's America 250 birthday celebration continues to implode, with a competing Power to the People Festival announced for October 3rd featuring Springsteen, Joan Baez, and Dave Matthews, while the UFC fight at the White House is still on but now requires attending service members to meet a waist-to-height ratio under .55, and the National Park Service is spending $5 million on a no-bid contract to gold-plate four bronze horse statues near the Lincoln Memorial, which is giving Saddam Hussein's living room. Trump reportedly told Netanyahu on a bad phone call that "you're fucking crazy, you'd be in prison if it weren't for me, everybody hates Israel because of this" — accurate — and Netanyahu pulled back on planned Beirut strikes, with Lebanon's parliament speaker saying Hezbollah is ready for a full ceasefire with Israel, though the US bombed Iranian drone sites yesterday and a cargo ship was attacked in the Strait of Hormuz, so "ceasefire" continues to mean whatever anyone needs it to mean. Florida's attorney general sued OpenAI and Sam Altman for marketing ChatGPT without adequately warning of its dangers, citing its alleged role in mass shootings, suicide encouragement, and helping a murder suspect dispose of bodies — and Anthropic filed its IPO the same day at a $965 billion valuation, because timing is everything. And finally, a second man named Dan Sullivan entered the Alaska Senate race against incumbent Republican Dan Sullivan with no policies and no party affiliation, just a stated goal of unseating the other Dan Sullivan, which is either a Democratic ploy or the most chaotic campaign launch of the cycle. Resources/Articles mentioned: AP News: Trump reconsidering $1.8 billion fund, AP source says, as Justice Department temporarily pauses it Rolling Stone: Tom Morello Announces Power to the People Festival With Bruce Springsteen, Foo Fighters, More NBC News: No heavyweights allowed: Troops must meet fitness criteria to attend White House UFC event Ts-horse-statues Axios: "You're fucking crazy": Trump fumes at Netanyahu in call on Lebanon Axios: Lebanese official told U.S. that Hezbollah ready for full ceasefire with Israel AP News: US bombs Iran, downs missiles fired at bases in Kuwait Axios: Florida sues OpenAI and CEO Sam Altman over ChatGPT - Axios Tampa Bay CNBC: Anthropic confidentially files IPO prospectus with SEC, prepping Wall Street for landmark AI deal NYT: Senator Dan Sullivan Has a New Challenger in Alaska Subscribe to the Betches News Room and join the Morning Announcements group chat. Go to: betchesnews.substack.com Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices
The Trump administration is backing away from a planned $1.8 billion anti-weaponization fund after a revolt from Republicans on Capitol Hill. The fund, tied to a settlement and intended to be administered by the Justice Department, had drawn criticism as a potential slush fund that could benefit Trump allies prosecuted under the Biden administration. White House officials told GOP leaders they were retreating from the proposal, at least for now.What stands out to me is that this was never something Trump could simply do by executive order. It would have had to move through Congress, and right now he is running short on political leverage. Collins, Murkowski, and McConnell have already shown they're willing to break with the administration. Add in senators like Tom Tillis, John Cornyn, and Bill Cassidy, who have their own political considerations, and suddenly there are a lot of Republican votes that need convincing. If every other priority is tied to this fund, it becomes a problem. The White House has signaled retreat…. for now.Politics Politics Politics is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.Meanwhile, Florida Attorney General James Uthmeier has sued OpenAI and CEO Sam Altman, alleging that ChatGPT is an unsafe product, particularly for children, and that the company misled the public about its risks. The lawsuit argues that AI contributes to harms including addiction, suicide, and even mass shootings. What makes this interesting is that there are no clean ideological fault lines on AI. In Florida, AI is increasingly being treated as just another version of Big Tech, grouped together with the companies conservatives believe have censored or de-platformed them. Simultaneously, politicians in states like Michigan are celebrating AI investments, data centers, and the jobs that come with them, even as it might leave Gretchen Whitmer on the outside looking in for 2028. As AI becomes a larger part of the economy, states are going to play a much bigger role in determining how it develops.But our biggest story remains Iran. Over the last few days, a targeted IRGC commander killing, an attack on a U.S. airbase in Kuwait, and reports that Iran is ending ceasefire talks have all pushed events away from diplomacy and toward escalation. Iran is threatening to fully shut down the Strait of Hormuz and other export routes. The president of Iran has reportedly tendered his resignation, while the IRGC appears to be tightening its grip on power. At the same time, Hezbollah has reportedly signaled a willingness to accept a ceasefire with Israel, though neither American nor Israeli officials seem convinced it would hold.Everything now revolves around leverage. The Strait of Hormuz is Iran's last major bargaining chip. If it reopens without major concessions, Tehran loses a significant source of pressure. If Iran gives up its nuclear ambitions or loses the ability to project power through regional proxies, the regime risks undermining the very justification it has used for decades. Meanwhile, global oil markets are hanging on every development. Hopes of a diplomatic breakthrough have helped keep prices contained, but each new escalation raises the possibility that the conflict widens and energy markets absorb the shock.One small but important development is that internet access appears to be returning inside Iran after months of restrictions. That means more information is beginning to flow out of the country at a moment when the political situation appears increasingly unstable. Whether this ends in negotiations, further military action, or a deeper internal power struggle unfortunately remains wrapped in the fog of war.Chapters00:00:00 - Intro00:03:07 - Interview with Evan Scrimshaw00:39:19 - Trump Slush Fund00:42:13 - AI Lawsuit00:46:34 - Iran00:50:10 - Interview with Charlie Feldman01:30:42 - Wrap-up This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.politicspoliticspolitics.com/subscribe
AI Expert Mo Gawdat returns to The Diary Of A CEO to reveal why AGI has already arrived, why 30% of jobs will disappear by 2027, and why the most dangerous thing about AI isn't the technology - it's the people in charge of it. Mo Gawdat is the former Chief Business Officer at Google X, founder of One Billion Happy, and co-founder of Emma.Love. He is a 4x international bestselling author, and his upcoming book ‘Alive: A Human's Guide to Living in the World of AI', will be released in October 2026. He explains: ◾How AI can give you a 400-point IQ boost, and why most people are wasting it ◾ Why Mo actually wants a machine smarter than all of humanity to take control ◾Why Sam Altman said AI will "likely end humanity", and what he chose to do next ◾Why capitalism breaks when AI replaces the workers who buy the things we make ◾Why AI unemployment could trigger civil unrest before governments are ready for it Chapters 00:00:00 Intro 00:02:06 Why Mo Warned About AI Before Anyone Else 00:05:03 Can AI Be a Net Positive for Humanity? 00:08:33 Massive Job Disruption Worldwide 00:15:05 Will AI Cost Savings Create New Jobs? 00:16:15 What Happens to Blue Collar Jobs? 00:21:57 How 10–15% Job Loss Reshapes Society 00:24:20 How Civil Unrest Could Unfold 00:26:04 Sam Altman's Flip-Flopping on AI 00:32:15 Is Sam Altman Pro-Humanity? 00:33:51 Imagining a Future Where Humanity Is Fine 00:42:01 Will One Superintelligence Rule the World? 00:45:52 If AGI Is Already Here, What Now? 00:48:19 Why Human Lived Experience Still Matters 00:52:33 Why Not Just Hire AGI Instead of People? 00:55:00 Can We Control AI Smarter Than Us? 00:58:42 Could AI Decide to Leave the Server? 00:59:16 The Risk of Models Even Creators Don't Understand 01:04:30 AI Isn't Evil But We Need a Plan 01:08:48 Ads 01:10:50 The Symptoms of AGI by 2030 01:13:59 If the US Stops, Will We Become China's Lapdog? 01:16:22 Should Governments Invest More in AI? 01:17:16 Can an Economy of Entrepreneurs Work? 01:20:36 Do We Need to Join the AI Arms Race? 01:23:31 Will Global Competition Build Better AI? 01:32:23 Ads 01:34:34 Who Will Prioritize Ethical AI? 01:38:21 Whose Economy Works for the Middle Class? 01:41:57 Can Ethical AI Still Be Engaging? 01:46:39 Has This Ever Happened Without Government? 01:52:24 What Absolute Dystopia Looks Like 01:55:35 Are You Optimistic About AI? 01:57:08 Does Happiness Matter More in the AI Age? 02:00:17 The Legacy Mo Gawdat Wants to Leave Enjoyed the episode? Share this link and earn points for every referral - redeem them for exclusive prizes: https://doac-perks.com Follow Mo: Instagram - https://link.thediaryofaceo.com/4Hv5OK8 Website - https://link.thediaryofaceo.com/GRKeGgO Podcast - https://link.thediaryofaceo.com/CgXWNIe You can pre-order Mo's book, ‘Alive: A Human's Guide to Living in the World of AI', here: https://link.thediaryofaceo.com/BvCLbtT The Diary Of A CEO: ◼ Join DOAC circle here - https://doaccircle.com/ ◼ Buy The Diary Of A CEO book here - https://smarturl.it/DOACbook ◼ The 1% Diary is back - limited time only: https://bit.ly/3YFbJbt ◼ The Diary Of A CEO Conversation Cards: https://linkly.link/2io2A ◼ Get email updates - https://bit.ly/diary-of-a-ceo-yt ◼ Follow Steven - https://g2ul0.app.link/gnGqL4IsKKb Sponsors: Shopify - https://shopify.com/bartlett Function Health - https://Functionhealth.com/DOAC to sign up for $365 a year. One dollar a day for your health Ketone - https://ketone.com/STEVEN for 30% off your subscription order