The Ledger, every show

“So I predict AOC will be president.”

“SBF pretty much would have been the greatest investor of all time if he didn't get liquidated. Same dynamic. I mean, obviously there was fraud in terms of how he was allocating capital, but his actual portfolio over the long run was absolutely correct.”

“It has been set up and structured in a way that with the right construct, you can get an individual appointed, not elected, but appointed to a particular role in government under a, quote, free election in California.”

“This is a foundational destruction of our rights to vote for people in a free democracy.”

“That means there's going to be less production over the next year. That means famine hits us in a year.”

“That are not just about sanctions, but also about export controls by Russia that are creating swings in food markets like we've never seen, and will almost certainly lead to widespread famine by the end of this year at this point.”

“His behavior is very rational in response to what's gone on for 30 years. And his requests are that he is feeling threatened and he is trying to avoid military conflict as much as he can.”

“I think one day the human race will look back and identify animal agriculture as worse than human slavery. I do think that that will be a profound realization over the next century for our species”

“I think monopolies are good because monopolies are just like lazy, and it's easier to innovate and compete against a monopoly, to be honest, than it is to compete against cronyism.”

“New York is going to be fucked for a little while, but I do think that the west coast and with some travel restrictions is going to be able to reopen for business probably around April seventh or eighth, because we're going to see a dramatic decline at that po…”

“The recursive self-improvement scenario will play out somewhere on planet Earth, and when that happens, when that person or that organization or that country now has that capacity, they have now a huge technological advantage, and then it becomes very hard to …”

“I have had experience where we've asked some fairly novel scientific questions and it identifies it as a novel insight. Is that, oh, never thought about that. Be interesting. Like blah, blah, blah. And then using a different account asking the same model later…”

“Then the next big thing is going to happen around 2030 to 20 32. And that's really where social security doesn't have any money to pay anymore. And I think during that era is also when a lot of the states are going to become bankrupt. We're not going to be abl…”

“I happen to Believe, having looked at this and thought about it, I think that it is possible. I think it is likely to happen soon.”

“I think someone like an AOC becomes president. I think there's going to be a wave this year, and then there's going to be a bigger push in 20, 28, because I don't see the arithmetic or the fiscal situation changing.”

“I don't think they're saying, like, the strategy is regulatory capture. Let me go. I think that they actually do think that they are the only ones that can help guide humanity, and therefore they need to have all the power, not just the power of the models, bu…”

“I do think fundamentally that the conversion of that data into what I would call knowledge and ultimately the ability to create new outcomes from that knowledge that are not copyrighted, that are not copies of the original material, I do think is going to end …”

“Knowledge can't be contained. It's diffuse. And so the form of copyright is very clear. The case law and copyright is very clear. I cannot lift text out of your book, reprint it, and claim it as my own. That is a violation of copyright. But my reading of your …”

“As soon as those rights start to slip away, even in the tiniest way, it is a cascading effect. And everything will become tyrannical, and it will be very ugly in the United States of America.”

“Well, if the ballot initiatives and the tax policy and the battle that's going on in the state for spending and taxation is any indication, I, you know, think it's probably true. The current budget from the governor is Something on the order of 30 to forty bil…”

“Because otherwise you are going to have tyranny slash anarchy, which are both basically the same happening over the next couple of years in the United States.”

“Like, every American, instead of having a social security account, they should have the equivalent of a four or one K where they own stocks, and when they retire, they get all those stocks.”

“When billionaires borrow against their unrealized capital gains, they should pay capital gains tax. Capital gains tax should be 40%, not 15% or 18% or 20%. They should pay the same as labor. In fact, labor should pay less. Income tax should be much lower. Capi…”

“These pension plans are poison. The fundamental problem with these pension plans is that they will ultimately end up bankrupting the states, or they will become Ponzi schemes where people get screwed because they're expecting retirement benefits and they don't…”

“Education, I think, is probably the easiest, which is if you end the federal student loan program, I think you solve 90% of the problem in education.”

“There is no job loss with AI. It is an absolute scam to tell the world that AI is taking away jobs and destroying jobs and the world is shifting. It is clunky. It is valuable. It is going to take some time and it is going to create far more jobs than it is des…”

“The American open source models are not as good as the Chinese open source models.”

“So the restrictions that Anthropic and others are putting upon themselves and upon the industry is forcing a lot of companies to go and get open source Chinese models and run them. We're seeing this across the landscape with startups. We see it with large scal…”

“The idea that AI is going to destroy jobs is a Luddite idea that is being disproven every single day, and I see it on the ground. It is only a matter of time before people wake up to this, and they realize that this narrative that they've all been sold is a cr…”

“If we do try and slow down AI, we kind of lose this moment of balance that's necessary when you have a technology proliferation, like we saw with the arms race after World War II, that, you know, we're gonna see again here.”

“I've never seen venture debt work well to improve the quality of a business. Never. Never. It doesn't work. Only, only, only ever seen venture debt... That damaged companies And if you get the venture debt, you can never actually use it. So the venture debt in…”

“This is an entirely different sort of activity in the social order, and as a libertarian, I'm all for it, but I don't think that they should be tax exempt. And I don't think they should be getting government money. And I don't think that individuals should be …”

“It will cost less to move goods, manufactured goods, processed ore precious metals from the Moon to a specific point on Earth. It will cost less to do that than to ship it using any other terrestrial conventional method, whether that's a boat, an airplane, or …”

“I actually think there's probably a 15 to 30 trillion dollar a year Economic opportunity on the moon.”

“It may be the case that knowledge work in general is also a transitory phenomenon that only existed between the foundation of the computer or computing tools and the existence of AI, generally speaking.”

“If you end up with a Democrat controlled house and a Democrat president, In 20, 28, you'll very likely see a federalization of that obligation, meaning that the federal government will step in to bail out or support those state and local governments”

“I wonder if it may be an inevitability in order to keep the United States from going into civil war. I mean that very wholeheartedly. Like, I just don't know if there's a way of solving this fiscal problem without a functional redistribution of wealth.”

“So fundamentally and functionally, there are two ways that California can be saved. Number one, you pass an amendment to the Constitution to fix this pension liability problem. And number two is the state has the ability to declare bankruptcy.”

“As soon as you allow this asset seizure tax to pass, even on a state level, The economic ramifications are on a national level. The economic ramifications are inevitable that some states are going to have to bail out other states, and that's where things get v…”

“Democratic Socialists of America, the DSA, just like the MAGA movement took over the Republican Party, I think the DSA is taking over the Democrat Party, and I think that's the move we'll see solidified in twenty-twenty-six.”

“Russia, Ukraine. I think it's going to settle out this year. I think there's a lot of motivating factors to get it settled out this year, economic and other political factors, but I do think it's going to settle out this year, and it's going to bring a bit mor…”

“That there may be more conflict brewing in the Middle East than anyone anticipates for this year that will not necessarily involve Israel and or Iran. It will actually be amongst the other Gulf states as they vie for influence and power, and that the contraria…”

“I think that's gonna be the great uncovering of twenty-twenty-six is we're gonna see on the order of trillions of dollars.”

“ChatGPT is now acting and OpenAI has been acting like an incumbent, fearful of losing market share and fearful of getting attacked in the media and attacked by consumers for saying the wrong thing. And so they've taken this kind of defensive posture that I thi…”

“And probably by 20, 28, the presidential nominee is going to be not necessarily a self-declared, but probably a referenceable, you know, Democrat socialist.”

“My early prediction for 20, 26 is Huawei where I think that there's a lithography technology that exists in China that is not publicly discussed. That is going to be deployed in Huawei and all these fabs that they're building in mainland China. And Huawei can …”

“Five million dollars per year out of the San Francisco city budget is spent on this program where you can walk into a hotel. They have free beer.”

“I think it's pretty clear that our modern world in the last couple of decades, there's a cumulative effect of environmental exposures that children are getting. Whether it's microplastics, whether it's chemicals in the food, whether it's just the environmental…”