The Ledger, every show

“So I predict AOC will be president.”

“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.”

“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”

“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 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.”

“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.”

“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…”

“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…”

“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.”

“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.”

“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.”

“And in these markets, there's a dearth of qualified teachers to stand in front of a class and teach folks. And so by using AI, these kids are now getting ahead of American kids.”

“Socialism will sweep over this nation, I fear, and I think it's a cancer.”

“By my calculation from last year, I think nearly half of Americans are employed directly or indirectly by the government at this point”

“And it sounds crazy today, but I guarantee if you put it on Polymarket, there will be a date when this happens.”

“For me, it feels like actually a little bit of a beginning of a wave that's going to continue to sweep over this country starting in cities, and I think that we're at the very early stages.”

“I think we'll look back and I jokingly say that Kamala Harris is going to look like a conservative candidate pretty soon.”

“What will happen is the capital markets will flood to fill that hole. Banks and lenders will show up and they will say, you know what? We'll underwrite the loans, but they'll underwrite it by saying good colleges get the, get, get loans and bad colleges don't.…”

“And just like we were knocked over by DeepSeq, I think we will be knocked over by some semiconductor manufacturing processes coming out of China in the near term.”

“So I do think that there's going to be an emergent competitive threat coming out of China to NVIDIA. And just like we were knocked over by DeepSeq, I think we will be knocked over by some semiconductor manufacturing processes coming out of China in the near te…”

“I do think that there's a real probability of revenue decline in the next five years. So if you look at the enterprise install base, I think that cloud gets competed away. So I do think like on the application software layer, they're going to have a really har…”

“So generally speaking, I think that the premise that AI destroys jobs is wrong because it doesn't take into account the significantly higher return on invested capital, which means more capital is going to be deployed, which means actually far more jobs are go…”

“China, one thing that's not talked about, which I'll add in, seems to have developed three nanometer semiconductor manufacturing technology, which is going to go into production in Q three of 20, 25, and will end up being in full production in 20, 26.”

“And that's what drives the growth and the improvement in productivity and this extraordinary abundance in energy, in mining, and now in manufacturing. And it's, I think, gonna lead to a great era of prosperity for China. It's pretty clear with or without the c…”

“And that's where my theory on, like, I think socialism's gonna be on the rise this year. If they're successful, I think you'll see a big boom.”

“I think that the party line is that socialism was defeated in this election cycle, and that there was a resounding kind of vote from the American populace against socialism, and I actually think my contrarian belief is that we'll see a rise, a dramatic rise in…”

“I do think Bitcoin fundamentally is meant to be, supposed to be, ultimately will become a real threat to the US dollar”

“I think it's more likely than not that people are going to go market bullshit securities in private markets and rip poor people off even worse.”

“I will comment on the California Coastal Commission ruling that was based on Elon's political tweets, which is why they stopped additional launches out of Vandenberg.”