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Transcript

DONKEY: Washington Chooses To Regulate NIL But Voluntarily Vows To ‘Police’ AI · The Breakfast Club

• 0:00
  Speaker 1: Your execution on the donkey of the day is something
• 0:02
  Speaker 1: to behold.
• 0:02
  Speaker 2: Give me the reed.
• 0:05
  Speaker 1: He gave me donkey of the day and I deserve it.
• 0:07
  Speaker 1: You need to know.
• 0:08
  Speaker 2: You need to tell them.
• 0:09
  Speaker 3: I am.
• 0:10
  Speaker 1: You have the voice. Tell them.
• 0:11
  Speaker 3: It's time for donkey of the day.
• 0:14
  Speaker 2: It's a reed, but you're so good at it.
• 0:17
  Speaker 1: You're trying to be a fake ass Charlemagne.
• 0:19
  Speaker 4: You only want Charlemagne to go.
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  Speaker 5: Damn Charlemagne, who you give a donkey.
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  Speaker 2: Of the day to now?
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  Speaker 6: Well, donkey of the day for Wednesday, September 30th is
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  Speaker 6: a double donkey. It's going to both the United States
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  Speaker 6: Senate and the White House because yesterday the Senate passed
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  Speaker 6: the Protect College Sports Act 77 to 22, which establishes
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  Speaker 6: a uniform federal framework to regulate NIL compensation transfers, transfers,
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  Speaker 6: eligibility in college athletics. Yes, transfers and eligibility in college athletics. OK,
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  Speaker 6: let's go to CBS News report, please.
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  Speaker 2: The bill as amended is passed.
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  Speaker 5: A bipartisan victory scored in the U.S. Senate.
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  Speaker 7: It is about making sports about sports again.
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  Speaker 5: After an overwhelming vote to pass the Protect College Sports Act.
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  Speaker 4: Yet the system we have today is unsustainable, plain and simple.
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  Speaker 1: Students are transferring three and four times. Pros are trying
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  Speaker 1: to play ball against college kids.
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  Speaker 5: The legislation would implement new national standards for college sports.
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  Speaker 5: That includes codifying the rights of student-athletes to earn money
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  Speaker 5: from their name, image, and likeness, permitting up to five
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  Speaker 5: years of eligibility to play, but only allowing them to
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  Speaker 5: transfer schools once, and capping agent fees. The bill is
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  Speaker 5: backed by some of the biggest names in sports, from
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  Speaker 5: coaches like Nick Saban and John Calipari to athletic conferences
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  Speaker 5: and professional sports leagues.
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  Speaker 3: This is a hastily done bill.
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  Speaker 5: New Jersey Senator Cory Booker, a former Stanford football player,
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  Speaker 5: is one of several lawmakers who oppose the bill.
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  Speaker 3: There needs to be rules of the road. It can't
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  Speaker 3: be the wild, wild west out there. But you can't
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  Speaker 3: have wealthy interests and Congress making a deal that the
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  Speaker 3: actual players are not a part of.
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  Speaker 6: Now, meanwhile, yesterday, the White House had some of the
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  Speaker 6: biggest technology companies in the world, Google, Meta, OpenAI, Anthropic,
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  Speaker 6: all of them agreed to basically police themselves when it
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  Speaker 6: comes to artificial intelligence. Let's listen to President Trump discuss.
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  Speaker 1: They're really going to be policing each other. It's going
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  Speaker 1: to be very, very safe.
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  Speaker 2: And there's a self-policing and there's also a group policing.
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  Speaker 1: And it's going to be great. Now, think about that
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  Speaker 1: for a second.
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  Speaker 6: The people who built the A.I., who are now admitting
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  Speaker 6: to us that technology can behave in ways they didn't
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  Speaker 6: intend it to.
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  Speaker 1: OK, they're telling us AI could be dangerous.
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  Speaker 6: We are now supposed to trust those same companies and
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  Speaker 6: those same people, the police themselves. OK, we really think
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  Speaker 6: we can trust those companies to put safety.
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  Speaker 1: Over growth, a.k.a.
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  Speaker 3: Money.
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  Speaker 6: OK, now I'm not the highest grade of weed in
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  Speaker 6: the dispensary or the strongest Avengers. So, America, let me
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  Speaker 6: see if I understand this correctly. A 19-year-old wide receiver
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  Speaker 6: gets an NIL deal, and Washington says, slow down, we
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  Speaker 6: need some rules around this.
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  Speaker 1: But some of the.
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  Speaker 6: Richest corporations on planet Earth are building AI that even
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  Speaker 6: the people developing it acknowledge can potentially destroy us all,
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  Speaker 6: and we just trust them to not let things get
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  Speaker 6: too crazy. And yes, I know the agreement calls for
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  Speaker 6: outside audits, and I know there are internal controls. I
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  Speaker 6: know there's going to be board oversight, but that's not
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  Speaker 6: my point. My point is the agreement is voluntary.
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  Speaker 1: OK, President Trump himself called it self-policing.
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  Speaker 6: When is letting powerful corporations police themselves ever been the
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  Speaker 6: gold standard for protecting the public? There is a reason
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  Speaker 6: independent regulation exists, because it's always a conflict of interest.
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  Speaker 6: And there is no bigger conflict of interest than telling
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  Speaker 6: companies that spend hundreds of billions of dollars that are
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  Speaker 6: all racing each other to build the most powerful AI
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  Speaker 6: systems in the world. Hey, you guys determine whether you're
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  Speaker 6: being safe enough. I don't see how you can improve
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  Speaker 6: the intelligence of AI and improve the safeguards at the
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  Speaker 6: same time. We have no evidence that the safeguards can
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  Speaker 6: keep winning that race. But then on the other hand,
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  Speaker 6: Congress looked at college sports and suddenly discovered the importance
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  Speaker 6: of enforceable federal rules. Now, I'd like to be fair. OK,
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  Speaker 6: everything in the Protect College Sports Act isn't bad. There's
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  Speaker 6: protections for athletes in there. There's health care protections, protections
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  Speaker 6: for scholarships, protection from predatory agents. You heard in the
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  Speaker 6: news report they have federal NIL rights. They got revenue sharing.
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  Speaker 8: Great.
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  Speaker 6: Protect the athletes. I'm all for that. But here's where
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  Speaker 6: the BS starts. I was born in 1978. And for
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  Speaker 6: as long as I can remember, everybody around college athletes
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  Speaker 6: was making money. Universities, coaches, conferences, TV networks, apparel companies
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  Speaker 6: all made billions of dollars. Everybody could participate in capitalism
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  Speaker 6: except the people putting their bodies on the field. And
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  Speaker 6: when that was happening, nobody was screaming, we got to
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  Speaker 6: get this money under control. Okay, then NIL happens. Players
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  Speaker 6: get some power. Revenue sharing happens. Athletes start making money.
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  Speaker 6: And suddenly Washington says, we need federal legislation, a.k.a. it's
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  Speaker 6: too many Negroes making money. Let's get this under control. OK,
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  Speaker 6: it's no secret that a lot of the young men
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  Speaker 6: benefiting from this new college sports economy, especially in football
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  Speaker 6: and basketball, are black. And I can't factually say that
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  Speaker 6: the 77 United States senators voted for this bill because
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  Speaker 6: they saw.
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  Speaker 1: Young black men making money.
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  Speaker 6: You know, I can't factually ask that, but I can
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  Speaker 6: ask a question. And the question is simply why? Does
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  Speaker 6: America's appetite for regulation seem to change depending on who
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  Speaker 6: has the leverage? When the labor gets leveraged, Congress has
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  Speaker 6: to get involved, okay? It has to be regulations. But meanwhile,
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  Speaker 6: some of the most powerful corporations humanity has ever created
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  Speaker 6: are developing technology that could change employment and warfare, education,
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  Speaker 6: and damn near everything else about how we live.
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  Speaker 1: And we're talking about a morally binding agreement.
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  Speaker 3: What?
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  Speaker 6: Humans break morally binding agreements every damn day. That's why
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  Speaker 6: we have contracts. That's why we have laws. That's why
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  Speaker 6: we have regulators. And I'm not anti-AI, okay? I use AI.
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  Speaker 6: I'm investing in AI companies. I just want real oversight, okay?
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  Speaker 6: If the people building the technology are telling us the
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  Speaker 6: technology is becoming more powerful, shouldn't the public have somebody
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  Speaker 6: at the table whose only responsibility is protecting the public?
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  Speaker 6: And that's what makes today's double donkey so ridiculous. I'm
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  Speaker 6: watching Washington apply two completely different philosophies at the exact
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  Speaker 6: same time.
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  Speaker 1: College athletes, we need federal rules.
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  Speaker 6: Trillion dollar technology companies, we trust you guys.
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  Speaker 1: Okay, no.
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  Speaker 6: If anything, my instinct would be the opposite. The greater
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  Speaker 6: the power... the greater the independent oversight should be. Because
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  Speaker 6: the real question isn't whether America believes in regulation. The
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  Speaker 6: question is, who does America believe needs regulating? Okay, because
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  Speaker 6: apparently if you're 19 years old and can run a
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  Speaker 6: 4-3-40 and somebody wants to give you a couple million
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  Speaker 6: dollars because you're good at football or.
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  Speaker 1: Basketball, Washington needs to keep an.
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  Speaker 3: Eye on you.
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  Speaker 6: But if you're worth hundreds of billions of dollars, trillions,
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  Speaker 6: and you're building technology powerful enough that the people creating
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  Speaker 6: it are telling us.
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  Speaker 1: can kill us all. We just trust you. We just
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  Speaker 1: trust that you'll promise to behave.
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  Speaker 6: Please let Remy Ma give the United States Senate and
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  Speaker 6: the White House the biggest hee-haw.
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  Speaker 5: Hee-haw.
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  Speaker 6: Hee-haw.
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  Speaker 2: You stupid motherfucker.
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  Speaker 1: You dumb. Crazy world we live in, man.
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  Speaker 3: It is.
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  Speaker 1: Crazy world. Come on.
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  Speaker 2: You're going to need some water for that. The water's
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  Speaker 2: almost gone. What'd you say?
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  Speaker 4: He's eating a muffin and it's like a thick muffin.
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  Speaker 4: He's eating a lot of it at a time.
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  Speaker 1: I know somebody got me in their phone under that name, too.
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  Speaker 2: What? Thick Muffin.
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  Speaker 6: Do you know what?
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  Speaker 1: I know it.
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  Speaker 5: That is a great Aunt Muffin.
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  Speaker 2: I'm sure he does. You give Auntie Muffin.
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  Speaker 4: I can not call you Auntie Thick Muffin.
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  Speaker 2: I'm sure there's a dude out there that got you
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  Speaker 2: under the phone Thick Muffin.
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  Speaker 1: Just make sure the first and last name is Muffin.
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  Speaker 4: Okay.
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  Speaker 3: Yes.
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  Speaker 2: Let me change the name of my phone. Thick Muffin.
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  Speaker 2: Do not put him under your phone as Thick Muffin.
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  Speaker 2: All right?
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  Speaker 8: Yes, I am.
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  Speaker 2: Thank you for that donker today.
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  Speaker 9: Now let's open up the phone lines.
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  Speaker 3: 800-585-1051.
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  Speaker 9: Savannah James was doing a podcast. They were talking about
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  Speaker 9: the way that they travel, right?
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  Speaker 4: Well, they were Savannah James and her podcast co-host, her
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  Speaker 4: best friend. They were on the boardroom. They were doing
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  Speaker 4: an interview because they have a podcast and they brought
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  Speaker 4: up the conversation that they've had on their podcast about
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  Speaker 4: how they travel.
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  Speaker 8: My friends are very respectful of my situation.
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  Speaker 2: Okay.
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  Speaker 1: All of them.
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  Speaker 8: Like I've never had an instance like that one time.
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  Speaker 8: And I think that they are, you know, if I'm like,
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  Speaker 8: we're going somewhere, they already understand what it is. There's
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  Speaker 8: no expectation of like taking care of something or, you know,
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  Speaker 8: just having me be responsible for them.
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  Speaker 7: There's two different lifestyles that exist. Like we're not delusional
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  Speaker 7: to that. And I think accommodating, like even if we're
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  Speaker 7: going on the same trip, I don't feel the need
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  Speaker 7: to be in first because that's not in my budget. Like,
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  Speaker 7: so we always laugh about it. And we actually talked
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  Speaker 7: about it on our pod about, That's.
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  Speaker 1: A good friend.
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  Speaker 4: I don't feel the need.
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  Speaker 1: I respect that.
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  Speaker 2: Well, let's open up the phone lines.
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  Speaker 7: 800-585-1051.
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  Speaker 9: Salute April McDaniel.
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  Speaker 1: That's a good friend there.
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  Speaker 9: Are you responsible to fund your friend's financials if you're
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  Speaker 9: in a different financial class? You heard her saying they
• 9:27
  Speaker 9: were going on a trip. One is sitting first class,
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  Speaker 9: one is sitting in the back. Are you expecting to
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  Speaker 9: cover your friends financially if you earn more? People are
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  Speaker 9: getting on Savannah James talking about, well, you're a billionaire and.
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  Speaker 2: You should be able to do it. Let's discuss. Let's discuss.
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  Speaker 2: We'll take your phone calls when we come back. It's
• 9:42
  Speaker 2: The Breakfast Club.
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  Speaker 1: Good morning.
• 9:43
  Speaker 6: Donkey of the Day is sponsored by renowned personal injury
• 9:46
  Speaker 6: attorney Michael the Bull Laminsoff.
• 9:48
  Speaker 1: Don't be a.
• 9:48
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• 9:50
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• 9:53
  Speaker 6: you mess with the bull, you get the horns.