The Ledger, every show

“We discovered Some emails that were printed out literally in the back of a safe, I think they had been sitting there since 2017, that, that showed an email exchange between then Obama's DNI, James Clapper, and then the head of the National Security Agency Mike…”

“Bottom line, bargain hunting will be a poor bet in AI, but firms putting money to work who invest in all high valuations indiscriminately will do poorly, and that is the majority of the investing that is happening.”

“This isn't even stealing YouTube videos like OpenAI did.”

“But I mean, when people are writing these articles about the fact that the AI industry is, you know, pumping all this money into the system, Certainly, like, I'm not suggesting that there's not money in the system. We're obviously active on the political and p…”

“They do their own supply chain study, sort of Apple internally, and realize that they're investing fifty-five billion dollars a year into Chinese factories, and once they've sort of established this, and they realize, like, how much that could mean to local an…”

“Apple trained all of their suppliers, and then the suppliers in turn supplied Huawei, Xiaomi, Oppo, Vivo. So that's why Nokia couldn't keep up. It's that China had this amazing ecosystem built for the smartphone industry, all paid for by Apple.”

“Powell started the rate cutting cycle last fall with a 50 basis point cut right before the election shortly after Elizabeth Warren sent him a letter demanding a cut.”

“RFK withdrew federal funding for MRNA vaccine development, and he removed the COVID vaccine from the CDC recommendations for healthy children and pregnant women.”

“The FBI authenticated and knew the laptop for Hunter Biden with all the crazy stuff in it could have, by the way, implicated Joe Biden in some bad stuff. They knew it was real in 2019, in November of 2019. The FBI starts having monthly, then weekly meetings wi…”

“We discover in the discovery that the censorship operation began on day three of their administration. They started taking down RFK Jr. They started taking down Tucker Carlson. A lot of these people who had opinions they didn't like were being shadow banned or…”

“I think I underestimated the impact of A, the scaling laws in AI and B, the ability of primarily Altman and some other folks to inspire belief in those scaling laws and unlock six hundred billion of CapEx spend a year.”

“They're not. These are all markups. Paper markups. These are not distributed. These are all bullshit numbers.”

“So he has put over 2000 people in prison. Over 800 are still in prison. 44 people disappeared. We don't know where they are. Children, women that have been tortured and they are looking for me.”

“We already, the Venezuelan people, mandated the change of the regime in a presidential election that took place last year on July, 28th, and we won by a landslide.”

“So anyway, he calls, and basically what he told me was that all the conspiracy theories are true, that we've now gone into the admin tools that the trust and safety team was using, and they literally have check boxes to throttle accounts based on, exclude them…”

“Take CISA, which is the Cybersecurity Infrastructure Security Agency. No one's ever heard of it. It was created effectively to protect infrastructure from cyber attacks. In that era when Trump was present underground, They work on, under the guise of Russian d…”

“During the Twitter files, we found out there was Yoel Roth, who you mentioned was the head of trust and safety, and definitely not a conservative. There was correspondence inside of Twitter saying, hey, we looked at their so-called API, and these are just regu…”

“Brennan was like the head of the CIA. He received an intelligence assessment from the organization in which they said, look, there's nothing to this. It's bogus. We haven't. Not just the Steele d'Ossie, but the whole idea of somehow that the Russians had run t…”

“But when you look at factory construction, real, real factory construction, you saw this enormous, you saw it basically flat at a flat level for decades and decades at a fairly low level. Then you saw this enormous boom during the Biden years and all the facto…”

“Because the fact of the matter is, 70% of mental health professionals in North America say they seek Couples now, because the demand is huge, and most of those people have not been trained in couples therapy.”

“Microsoft is not building Stargate for OpenAI, right? It's because it would have just been too slow, and they're doing it the lame and old way.”

“Huawei is still getting you know, wafers in Taiwan from TSMC through, like, shell companies, right?”

“Google put a hundred million plus in the bank account of WindSurf where the intent was to dividend it out.”

“And then with David, he's raised eighty-five million dollars from Green Oaks, Peter Atiyah, Andrew Huberman, and in their first year alone, they're gonna do a hundred million dollars in revenue.”

“In the case of someone like OpenAI, it's 750 times harder than it was with the Google of old. With the case of Anthropic, it's 30,000 times harder than the content of old”

“So, you know, watch our blog, and I have a feeling that some prominent AI companies that are misbehaving are Can get called out pretty soon.”

“I don't think there was collusion going on, but definitely Morgan Stanley and Fidelity were on the same side of the table trying to get us to sell at a lower price.”

“They're like, we'll give you ten million bucks to put this, and at the time, we're less than a million, like our whole first-year target's like ten million, to put it on-prem. And Ali was like, no way, we're not doing anything on-prem.”

“I record myself using it on Amazon.”

“I've said nothing that, that any, that anywhere near resembles the idea that this company should be the only one to build the technology. I don't know how anyone could ever derive that from anything that I've said. It's just, yeah, yeah, it's just a, it's just…”

“That's why on day one, I very proudly terminated Joe Biden's order on woke AI effective immediately.”

“So they've committed five hundred and fifty billion dollars to finance Projects in America that are important to the president and to American infrastructure.”

“The extent to which we've never really used reductions in force in the first term. That's something that is certainly something we've used extensively.”

“The first bill was the bare minimum of, and the easiest hurdle for them. Corporation for Public Broadcasting, a billion dollars. Dealing with their next two cycles of advanced funding, and then eight billion dollars in foreign aid, all of which was connected t…”

“They went after a company called Townstone who had a podcast and was complaining as a private citizen about the extent of which there was crime in Chicago. You know, I think if you did a poll of anyone in the country in a diner, they would say, yeah, I think t…”

“The meter team did these evaluations where they ran a randomized control trial to see how much AI coding tools speed up open source developers, and what they found was that developers said that they expected products like cursor and windsurf to improve them by…”

“The government of India, ah, spent, ah, 50 percentage of the total capital cost of micron company. For establishing a semiconductor company in Gujarat, 20% from Gujarat, 70 percentage incentive. That means for 16,500 core rupees for a single company. Total exp…”

“Yeah, look, I don't want to get into exact numbers, but even with the windsurf deal aside, like not including that at all, we are basically, we've done roughly that as well in the last six to eight months.”

“Chase, Wells Fargo, and Bank of America at that point in time, again, going back to seven years, were each making two billion annually. That's so give or take six billion, and almost all of that goes to their nibbets. It's almost all Pre-tax profit.”

“Six months ago, it was 250 pieces of content scraped, and they give you one visit back. Today, it's 1500 pieces of content scraped, and they give you one visit back.”

“Every year, young people transfer 1.3 trillion dollars in the form of Social Security payments to the wealthiest generation in the history of the planet, seniors.”

“Seeing the, you know, the strong performance from Antropic in terms of top line growth, and then just looking at the burn, you know, five last year going to three this year.”

“Oracle just closed a thirty billion dollar a year deal with open AI, right? An extra thirty billion.”

“We have about a two week validation cycle in the lab, and two weeks later, we see that roughly close to 20% of these antibodies actually bind their targets in the intended way.”

“There's this whole thing about people taking finasteride and dutasteride men to keep their hair and getting permanent sexual dysfunction, right? Permanent sexual dysfunction. Some of them killing themselves as a consequence of this.”

“Zuckerberg tried to spend thirty two billion on Ilya Suskever's AI start, startup, safe super intelligence. Suskever ultimately turned Meta down.”

“The company generated more than one billion dollars in revenue last year. Surge has told employees, a previously reported figure that exceeds The eight hundred and seventy million dollars scale generated in revenue during the same time period.”

“The journal reported that OpenAI had considered an antitrust complaint against Microsoft.”