Latest / Bourbon & Rum / Epstein Files, Markets, AI, and Immigration
Transcript
- 0:00This is a segment of society that operates under their own
- 0:03rules. They think they can do whatever
- 0:04the hell they want and they can't, apparently.
- 0:06Thousands of victims implies at minimum hundreds of
- 0:10perpetrators. You guys all have lawyers right?
- 0:13Like why in the hell would you e-mail some Yahoo like this?
- 0:18Welcome to Bourbon and Rum, the podcast dedicated to civil
- 0:22conversation. I'm Kent, I like rum and I'm
- 0:25from the left side of the aisle. And I'm Kyle.
- 0:27I like bourbon. I tend to be a little more
- 0:29conservative. We're brothers talking politics
- 0:32for bourbon and rum. What are you drinking?
- 0:46I'm drinking one of my favorites.
- 0:48I'm drinking some Stag Junior a, you know, named, you know,
- 0:53George T Stag is the senior, but you know, he was the guy that
- 0:57ran Buffalo Trace Distillery before it was Buffalo Trace.
- 0:59But that's part of that antique collection.
- 1:03And George T Stag is a 15 year whiskey and super hard to find,
- 1:06super expensive. The Stag Junior's about 8 or 9
- 1:09years, still hard to find, but not as bad.
- 1:12And you can score one for under 200 bucks And yeah, really good,
- 1:17really rich barrel proof, 131 proof.
- 1:21So but you know, it's aged enough to where it kind of, it
- 1:27doesn't bite as much as 131 proof might.
- 1:30So how about you? What are you drinking on?
- 1:33I am on Santa Teresa 1796, a triple aged Solara rum HO in
- 1:43Venezuela, so Venezuelan, another Venezuelan ROM so well,
- 1:50you know, always a lot of news, but I thought it would be
- 1:53interesting. A big tranche of Epstein
- 1:56documents got released. We haven't really, you know,
- 2:00we've hinted at this, but we haven't really dug into this
- 2:02very much lately. You know, it's like 3,000,000
- 2:06pages. And we talked about Epstein's
- 2:08come up. I think every single podcast
- 2:11can. Yeah.
- 2:11But we haven't like we haven't rolled up our sleeves on it.
- 2:19I think they dropped about 3 million documents.
- 2:22Looks like that's only still a small percentage of what's out
- 2:25there, but, well, it's half. Interesting stuff.
- 2:27At least at least half, if not more.
- 2:29OK. Well, so 3,000,000, three
- 2:33million more. I think there's a lot of work to
- 2:36go through what's out there, but what are your thoughts?
- 2:40I mean, it's a little bit shocking to me.
- 2:44I mean, do most, you know, I'm not a legal expert, but the most
- 2:49trials involve millions of documents.
- 2:53It's a good question. I mean, do we know where, where
- 2:58these things came from? There's the there's the Miami
- 3:01trial where he got the sweetheart deal.
- 3:06Then they were gathering evidence for whatever they had
- 3:09him in prison for or in jail for, for that trial.
- 3:13Where else they get all these documents?
- 3:16Well, a lot of them are like news articles and clippings,
- 3:19then a lot of it's emails a. Lot of it's his emails, yeah.
- 3:27Well, I'm looking at the court records in the official Epstein
- 3:31library. There's like 52 cases that are
- 3:35referenced and a bunch of them are various Jane Does versus
- 3:41Epstein, I mean, all the way up to Jane Doe number one O 3
- 3:45versus Epstein. So there's a lot but that not
- 3:47all of them are cited. And then?
- 3:51So these are cases brought by the victims against him.
- 3:54I'm assuming that. And then there's stuff against
- 3:56his estate, state of Florida, United States.
- 4:01There's 3 United States versus Epstein's, there's 5 United
- 4:06States versus Maxwell's. But you know, I don't know if
- 4:09they're all individual cases, but they're individual case
- 4:12records, I guess. Well, this most recent it's a
- 4:15It's a bad look for the former Prince of.
- 4:22Oh my gosh, yeah. Like every time this turns out
- 4:28he looks worse and worse and worse.
- 4:33Yeah, it's nuts. I mean, well, I mean, I guess
- 4:36it's not shocking that there's pictures, but you'd think people
- 4:40would take a little more care not to get photographed, but
- 4:43apparently not. Reports apparently, and I got a
- 4:49check source on this this from the Daily Mail, that Epstein was
- 4:53hooked up with the KGB and that's where the money came
- 4:56from. Yeah, I saw that, yeah.
- 5:00I mean, that's kind of obvious. Either KGB or Mossad or I guess
- 5:05CIAI mean this. So the other thing that's that's
- 5:10that's linked on Drudge is a YouTube video of an interview
- 5:15with Steve Bannon. And this is late in the game.
- 5:23I don't know when that was, but like it was after his like most
- 5:29like his last arrest, like it was late in the game that he was
- 5:34talking to, talking to Steve Bannon.
- 5:38And I got to tell you, I listened to about an hour of the
- 5:41interview and I am more convinced than ever that this
- 5:46whole thing is a is a set up like a made-up deal by Intel,
- 5:52this guy. So Bannon.
- 5:54So Bannon interviewed him for 15 hours.
- 5:57Yeah, I don't know how long it I saw the tranche that I saw was
- 6:02like a two or three hour link and I didn't listen to all of
- 6:04it. But yeah, he, I I have to say,
- 6:11I've kind of been expecting to hear that Epstein was kind of,
- 6:17you know, smooth and kind of you, you know what I mean?
- 6:23He, he's he sounds like a bum. He doesn't know what he's
- 6:27talking about. He's doing all this and Bannon
- 6:31is completely buttering him up and and he's like, yeah, well,
- 6:36you know, it it it's worth a look.
- 6:38Like you wouldn't believe you wouldn't trust this guy with 50
- 6:42bucks. I'll say that less, much less
- 6:45$50 million. And so how did he fool the whole
- 6:51world? And I'm just not buying that.
- 6:54It's because he was so clever. I mean, I think, again, we know
- 6:59that there's more to this. But like, most of the names that
- 7:04are now implicated are all copies of e-mail exchanges that
- 7:08he had with them, including like Howard Lutnick, who was so clear
- 7:15eyed about not wanting to hang out at the house because it was
- 7:18creepy. And so, but later he's having
- 7:23conversations with him. And the the normalness of these
- 7:29conversations, knowing what the subject matter was on the back
- 7:35end, is, I think, the creepiest part of the thing.
- 7:38Well, and you're just, what is crazy is how prolific the guy
- 7:42is. I mean, you know, he's having
- 7:44regular contact with just randomly tons of people from
- 7:50different walks of life. Somebody said, oh, well, you
- 7:54know, he's just a great advisor. And it's like, what the hell is
- 8:00this idiot advising anybody on, you know?
- 8:03I don't know, maybe I don't have something new to say about this,
- 8:06but it just the volume of it. And like you said, the
- 8:10connection. He's got e-mail correspondence
- 8:13going on with everybody. He's talking to the head of the
- 8:17Nobel Prize Committee, and he's yakking it up with industry
- 8:23leaders. The woman who's now the general
- 8:26counsel of Goldman. This is an e-mail from Richard
- 8:30Branson to him in 2013. Dear Jeffrey, It was really nice
- 8:36seeing you yesterday. The boys in water sports can't
- 8:38stop speaking about it. Anytime you're in the area would
- 8:41love to see you as long as you bring your harem.
- 8:44And then he's like bulleted points.
- 8:45He's like, I think Bill Gates was willing to say that you've
- 8:47been a brilliant advisor to him. That you slipped up many years
- 8:51ago by sleeping with a 17 1/2 year old woman and were punished
- 8:54for it. That you've more than learned
- 8:56your lesson and have done nothing that's against the law
- 8:59since then. And as a single man, you seem to
- 9:01have a penchant for women. But there's nothing wrong with
- 9:03that anyway. Something along those lines.
- 9:05Wait, what? That that was in an exchange
- 9:08with Branson? Yeah.
- 9:11Yeah, it's just, and then I'm like, I'm thinking, you guys all
- 9:16have lawyers, right? Like, why in the hell would you
- 9:19e-mail some Yahoo like this? But I, you know, I think like
- 9:24this is a segment of society that operates under their own
- 9:27rules. They think they can do whatever
- 9:28the hell they want and they can't, apparently.
- 9:30Yeah. So what happens from here?
- 9:35Are they going to do anything? I mean, it's it's required an
- 9:40act of Congress to get the Justice Department to release
- 9:44the files. Do we expect them to do much
- 9:49aggressive prosecution? You know who who?
- 9:54Who else has been arrested in this deal?
- 9:57Well, and I've so far, most of what you've seen is people that
- 10:03were associated with the guy in some way, but there's not really
- 10:06smoking guns. I mean, there's allegations
- 10:08about various people and such, but there's not really.
- 10:11And I think that's the the piece that I think a lot of people
- 10:17were hoping for is that there were smoking guns in this thing.
- 10:19I think if there were smoking guns, they'd have been somebody
- 10:23had pulled that trigger a long time ago.
- 10:24I think it's still a lot of people with egg on their face
- 10:27for having associated with this scumbag for way too long.
- 10:33I agree. So what's the, so what's the
- 10:36societal upsider impact of that? We just back to business as
- 10:40usual. That's just we get a little
- 10:42look, that's how it is and full speed ahead.
- 10:47I don't know, like how do you breakthrough that?
- 10:50Yeah, I mean, I think it depends on I, I don't think it's worked
- 10:57out too well for Andrew Mountbatten.
- 11:05I don't know. I mean, it's I know that there's
- 11:09a it was interesting too, reading about a bunch of
- 11:13Democrats piled onto with the Clintons and I guess they found
- 11:17them in contempt for not testifying at some hearing.
- 11:21But then it's like, well, what the hell are they going to do to
- 11:23them for being in contempt? You know, nothing's going to
- 11:25happen there. I mean, they're not going to
- 11:26send anybody to jail ever being in contempt to a congressional
- 11:29hearing, I don't think. Right.
- 11:30And then what was the congressional hearing going to
- 11:32do other than, you know, I mean, to your point, it's like this
- 11:38stuff's embarrassments or problematic, but I feel like if
- 11:44there is anything in here that was prosecutable, it would have
- 11:46been prosecuted. Yeah, I don't know.
- 11:50I, I don't know what to, what to make of it other than it just
- 11:54kind of leaves me sick to my stomach.
- 11:55We know we've got, these are numbers from the FBI, thousands
- 12:00of victims. Even for a if you've got very
- 12:04prolific clients, thousands of victims implies at minimum
- 12:09hundreds of perpetrators. Totally, yes.
- 12:13And just nothing. Nothing.
- 12:19Yeah. I mean, how many of these, how
- 12:25do you have thousands of victims and nobody has any recourse,
- 12:30which then can take you down a whole other path of how many
- 12:37victims of sexual assault and are victims and the perpetrators
- 12:44have never been charged? Yeah, yeah.
- 12:47No, I think that's obviously a lot.
- 12:51Yeah, I don't. I don't know.
- 12:53So what do I do? I just sit here and just be
- 12:54pissed about it, you know, It's really exasperating.
- 13:00I think you called this. I think you said early on that
- 13:04whatever we get, it's going to be unsatisfying.
- 13:07I think that's proven true for sure.
- 13:15It really is unsatisfied. Do you feel like the outrage is
- 13:19fading among people, Like it's just been out there long enough?
- 13:23The problem is with this slow trickle is it's like the people
- 13:29that you know are named here. I don't know that.
- 13:33Like there's anything that's I just don't know that there's any
- 13:37surprises left and there's some pictures and stuff that somebody
- 13:41hasn't seen and are embarrassing to people.
- 13:45But like, I don't know. I mean, like you said, there's
- 13:48nothing. There's no smoking guns that
- 13:51have been released. There's nothing that came out
- 13:52that was like, Oh my gosh, nobody ever said this.
- 13:55And there's. So why did why did they fight it
- 13:58so long if it really is as much of A nothing burger?
- 14:02See, that's like you can't have it.
- 14:05Like, there's something missing here.
- 14:07Like what we've got is 3,000,000 like old emails that might be
- 14:12mildly embarrassing. And yet the gymnastics they were
- 14:19willing to go to to try to avoid this, you know, and I mean, you
- 14:24know, arguably the first government shutdown and, you
- 14:28know, like, like. Well, now you know.
- 14:33I disagree with this, but I did find interesting Bill Barr had a
- 14:39editorial and the Wall Street Journal was talking about, you
- 14:42know, it was a, you know, everybody's up in arms that they
- 14:47didn't release this stuff in 30 days.
- 14:49And his thing is like, you know, processing 3,000,000 documents
- 14:53for public release. And, you know, he talked through
- 14:57the the legal consequences and things that have to be analyzed.
- 15:03And his point is just like, that's a huge task that it was
- 15:07never going to get done in 30 days.
- 15:08I mean, they got done. But they're like, you know, I
- 15:11think his point was just, it is the public just thinks, oh, you
- 15:15get somebody's got a binder. And Pam Bonnie didn't help, but
- 15:18she's like, I got a stack of binders on my desk.
- 15:20Like she made it sound like she had all this paperwork.
- 15:23All she had to do is hand it over.
- 15:24And that's a gross oversimplification of the true
- 15:28process. And so I think that was part of
- 15:29the expectation too, that fell flat.
- 15:33But I, I mean, I do think there's an element of that, that
- 15:36it's like, it's such a enormous administrative exercise and
- 15:42then, hey, there's nothing that's going to be there.
- 15:44Well, nobody's going to buy that.
- 15:45Everybody's going to be like, oh, you're covering something
- 15:47up. And then it's like, well, you
- 15:48then you jump through all these hoops, you release all this shit
- 15:50and then it's like, yeah, there's nothing there.
- 15:51Well. Yeah, it it like, you know, I
- 15:57mean, clearly I've got a, a, a, you know, I'm, I'm seeing the
- 16:04boogeyman lurking there. I, I mean, I admit it.
- 16:06But again, if that's not what's going on, you know, certainly
- 16:13the approach that they've taken plays into my nefarious negative
- 16:22narrative. You know, even if I'm wrong,
- 16:24it's just like, well, you, you've, you know for a fact,
- 16:31like everybody knows that at least a portion of the
- 16:35population thinks the longer they take, the harder their
- 16:38work. And they got people with
- 16:40scissors all day cutting Trump's name out of things that, you
- 16:44know, whether that's true or not.
- 16:46But when you take a lot of time and you fought it at every turn,
- 16:53what are people going to assume you know?
- 16:57Yeah, well, the previous administration, why didn't they
- 16:59even try? And it's a good question.
- 17:02It's a really good question. And I mean, man, I would hope
- 17:07that it's not to protect Bill Clinton.
- 17:12You know, like please, I, I don't know.
- 17:17Well, both administrations had seen everything prior to the
- 17:21push to to release it. So either side would have
- 17:25released a bunch of crap to smear the other side if they
- 17:27thought there was something actionable.
- 17:28I think, I don't know. I think to your point, the thing
- 17:34that ought to leave us all with a disgusting taste in her mouth
- 17:38is just how, you know, it's like, it's like what they said
- 17:42about Harvey Weinstein years ago.
- 17:44Like, well, you know how Harvey is, you know, he's kind of
- 17:47rapey. You know, I mean, they didn't
- 17:48use his word, but that that's why, I mean, what a lot of the
- 17:50actors, actresses said is that he was, you know, you know, he
- 17:54that he had a penchant for that sort of thing.
- 17:57And I think that's pretty sleazy.
- 17:58All of these folks, Trump included, all these people like,
- 18:01well, you know, Epstein and women on the younger side.
- 18:05Like what the hell is that like? So everybody's like.
- 18:08Yeah, you know, you know how Jeff?
- 18:10Jeff is like what? Right.
- 18:12Bring your harem. Ha, ha, yeah, I think.
- 18:15And then Branson, who wrote some kind of retraction like, well,
- 18:19what I meant was that he had three female attorneys and they
- 18:23were. And I just wanted to see that
- 18:25they're like, oh, OK. Well, I meant it.
- 18:30To me, it then begs the question of how much other, how many
- 18:35other unsavory characters are out there that all these
- 18:37billionaires know? Well, you know Jim, you know
- 18:40what he's into, you know. Right.
- 18:43I got a guy for that, and that's who Epstein was, the guy for
- 18:47this. What do you think about the
- 18:51intelligence connections? Do you find anything compelling
- 18:54there? It would make sense, but again,
- 18:59like why aren't we? Wouldn't they be using this and
- 19:02maybe they are in the background somehow?
- 19:06Frustrating. Yeah.
- 19:08Does anything else catch your attention this week?
- 19:11Do you have an opinion about the Fed Chair nomination?
- 19:14I don't know that much about it I'm except that I've seen folks
- 19:20on the left and the right speak highly of his credentials.
- 19:27It sounds like he's a like he's a grown up who has a reasonable
- 19:33shot at the job. You know, like it's a legitimate
- 19:37choice. It's not like some rando pulled
- 19:40out of the air like Lindsay Halligan or, you know, like he
- 19:47like he was a viable if. It was if it was Matt Goetz, you
- 19:51know, we might have an issue you.
- 19:56Know, but kind of a different I I thought this is really
- 20:00interesting. I don't know how much you've
- 20:02been paying attention to like the precious metals market, but
- 20:06actually done pretty well on a gold.
- 20:09Fund over the last couple of months and both gold and silver
- 20:15took just a big just a plunge after the announcement.
- 20:20I think that's interesting because the reason that gold
- 20:24would be high would be fear of inflation, right?
- 20:28That's what drives precious metal investment.
- 20:32And apparently the market thinks that this guy is going to be an
- 20:36inflation hawk. But the president of the United
- 20:42States has been bullying the current Fed chair to lower
- 20:45interest rates for a year. And, you know, lowered interest
- 20:52rates are they're, they're inflationary at least whether
- 20:56they actually cause inflation or not, but they're an inflationary
- 20:59force that way. So I, I don't understand what
- 21:03the market seeing in this guy. Did they think that he's going
- 21:05to hold the line and he's going to be able to tell Trump no?
- 21:08We've got to be careful and we don't want to overheat the
- 21:11economy because I think Trump's decided he wants interest rates
- 21:16low, whatever the cost. I mean, I think he sees interest
- 21:22rate reduction as AI mean that's a, a pretty demonstrable factor
- 21:30and cost of living for many, you know, folks, houses and cars and
- 21:35everything else. And so to me that, you know,
- 21:38that's part of his desires to see that come down, people's
- 21:41costs come down. And I do think I mean,
- 21:45inflation's way down. I mean from a from a rate
- 21:48standpoint, so. Well, I'm just saying, yeah, so
- 21:52you cut interest rates and it makes things a little bit
- 21:54cheaper today. But if it devalues your dollar
- 21:58by 10%, I mean then you, you, you're back to the same place
- 22:03you can, you can get. Short benefit, I guess it's,
- 22:06it's not as precarious a position we were when it's, you
- 22:10know, inflation's spiking and super high.
- 22:14Right now, I mean, I mean honestly from a macroeconomic
- 22:17standpoint, taking party hat off here, low interest rates, high
- 22:23GDP growth and full employment, I mean that's actually your best
- 22:29recipe for reducing the impact of the national debt, you know,
- 22:34quite apart from personal finance and what this saves you
- 22:39interest rates on our sovereign debt, our national, you know,
- 22:44treasury is like that's a huge issue.
- 22:49And if that is high, that really puts a huge burden on our on our
- 22:55economy. So if you can pull it off, you
- 22:59you're willing to tolerate a little bit of inflation as long
- 23:02as you get robust economic growth and full employment.
- 23:07But that's the hiccup. That's what I think the worry
- 23:10is, is that you can, you know, cutting interest rates is a
- 23:16little like hitting a little nitrous oxide into the engine of
- 23:20the economy, right? It Revs the engine up.
- 23:22But if we don't have full employment, then inflation.
- 23:27If everybody's working, then what?
- 23:28Then you might have dollar inflation, but you will also
- 23:31have wage inflation and it will kind of equal out.
- 23:35And you you cheapen the value of your national debt, which is a
- 23:39great thing. But where we were over the last
- 23:43couple years is pretty high inflation and not the same wage
- 23:48growth that we've had. And that's what's really toxic
- 23:50for people. I do find it interesting the a
- 23:54lot of the doom and gloom over tariffs hasn't really
- 23:59materialized. I mean, we've still, we've got,
- 24:01I mean, inflation's under control.
- 24:05We've got, you know, decent GDP growth.
- 24:07We've got decent employment. The stock market's in pretty
- 24:10good shape. I don't know if it's something
- 24:15people want long. Term are are the tariffs are are
- 24:20hurting as is the dollar, the decline in the dollar.
- 24:25If if if a person's looking to buy a boat and have it shipped
- 24:28over from France. That's but yeah, yeah, I mean,
- 24:36objectively things look decent in the economy right now.
- 24:41I don't even know that the tariffs per SE where the
- 24:44problem. It's the chaos and the
- 24:46randomness of the tariff that I think it's really hard to keep
- 24:49up with. You know, you can put a tariff
- 24:52on on things to say we need to level this out.
- 24:55But the I did it in a tweet because I was mad.
- 25:00Like that's kind of hard to deal.
- 25:01With I think Liberation Day is what I was referring to.
- 25:05But yes, OK. But we've had lots of other.
- 25:08New holiday Liberation Day. Yeah, well, I can.
- 25:15Also. Well, I just wonder if it also
- 25:19shows how there's a lot of things that we worry, well, this
- 25:22is going to destroy the economy, or maybe it's stronger, more
- 25:25powerful than individual actions like that too.
- 25:29Yeah, I, I mean, possibly it's an interesting time because I
- 25:33don't think the economy is good universally.
- 25:36You know, I think it's, you've got some sectors that are really
- 25:39on fire and some others that aren't.
- 25:42Is this maybe the case all the time?
- 25:44But it's pretty noticeable right now.
- 25:47You people have said if you didn't have data center
- 25:50construction like that, like that's riffling its way through
- 25:56the whole economy and it's not just NVIDIA stock on chips that,
- 26:00you know, there's companies out there building these huge data
- 26:03centers everywhere. And that itself is driving
- 26:08things. By the way, now I'm changing
- 26:13subject again. I read a really interesting
- 26:15article in the Wall Street Journal this week about I've
- 26:18worried a lot about job disruption from AI.
- 26:22Not personally. I think that, you know, I'm at
- 26:24the point in my career where my knowledge of the business can
- 26:29sustain me. And so my trick is to learn how
- 26:33to use these new tools. But I think I'm safe.
- 26:36But I've worried a lot about the disruption.
- 26:40I've seen the power of this stuff and what it can do for
- 26:42coding and for writing and a lot of basic tasks.
- 26:46But this article in Wall Street Journal gave me a lot of hope.
- 26:49It was like, actually, we fear this, but it's not really.
- 26:55Usually that's not really the case.
- 26:57Like they were like, remember when they first came out with
- 27:01the spreadsheet and people were like, Oh my gosh, I'm never
- 27:04going to need an accountant. Yeah.
- 27:07Well, yeah, now accountants are one of the most in demand
- 27:11specialties and yeah, so the spreadsheet didn't do that.
- 27:17What happens is accountants do a lot higher level work than they
- 27:20did. And so, you know, really the
- 27:23trick is for those that embrace this and say, all right, I'm a
- 27:27coder. My, my career is at risk.
- 27:32So the way I fix that is I become master of this tool and
- 27:36I'm in front of the rest of my competition.
- 27:40Yeah, no, I think there's definitely some of that.
- 27:43I did laugh, though. I was listening to a podcast the
- 27:46other night. Well, listen to Rogan and he had
- 27:50Matt Damon and Ben Affleck on it.
- 27:52They were talking about this new movie of theirs and Ben
- 27:54Affleck's talking about AI. And well, you know, it's never
- 27:59going to be able to replicate what Hollywood does and acting
- 28:03and movies, you know it. I mean, people will be able to
- 28:07tell that it's ours is an art form and that's artificial.
- 28:11And I hope he's right, but I don't believe it.
- 28:15I mean within, you know, months. This thing is created.
- 28:20A way to create videos from scratch today.
- 28:25No, they're not replacing Hollywood blockbusters.
- 28:27But I don't think that's that far away, I think.
- 28:32I think the the the trick there is where does the art land?
- 28:38Where what part of it is art? And in my mind, I, I do think so
- 28:49this is a little more narrow than that.
- 28:51I can't speak to Hollywood movies, but I can 100% tell, I
- 28:58believe when people send me, like people on my team send me
- 29:02papers or documents that they've done, that they've cranked
- 29:06through the AII can spot it a mile away.
- 29:10And that means in my mind that there is opportunity for people
- 29:17who can cut through that genericness with, you know,
- 29:24significant and salient points. I don't know how that applies to
- 29:29Ben Affleck, but I do think that I don't know.
- 29:32I mean, do you agree? Like, it's it, it everything
- 29:37sounds like a non controversial B plus essay.
- 29:44Yeah. Well.
- 29:45I mean, I think it depends on a lot of.
- 29:49It just depends and. And this gets back to your point
- 29:52about the people that will win or the people that have the
- 29:56skills to manipulate it. I mean, yeah, if you cut and
- 30:00paste the first run out of ChatGPT, anybody's going to spot
- 30:03that. But I think if you used it
- 30:07multiple runs and then you adjust a few things to make it
- 30:12fit yours. I mean, there's a lot of things
- 30:15or like one of the things that'll do that I use all the
- 30:19time. Like a lot of times it's my
- 30:21words, but like, hey, what are three points for this topic or
- 30:26something? I mean, there, there's
- 30:27shortcuts, there's time saving, you know, I, I think, but I
- 30:32think I'm not Tooting my own horn, but I think it has to do
- 30:35with how well you're able to manipulate it.
- 30:37You know, if all you do is cut and paste, it's not nearly as
- 30:39good. Yeah, I agree.
- 30:41But that's I think. I think that's making my point
- 30:44that that the the unique part that a human brings becomes more
- 30:50and more valuable in a world when everything just gets dumbed
- 30:54down to that generic flat. We had an interesting exchange
- 30:59at work because there's a disagreement between two groups
- 31:06in our organization and we're kind of writing like competing
- 31:12vision documents kind of. I don't want to be more specific
- 31:16than that, but you know, we had gone down a path and one
- 31:21colleague had written 1 and it was pretty pointed.
- 31:26You know, you know, usually in business communication, even
- 31:30when there's a, you know, a significant point of
- 31:33disagreement, you know, it, it doesn't start out like you
- 31:38asshole, you're completely wrong.
- 31:39You know, like you, like, you put a little bit of, of a little
- 31:42bit of wrap around it. But man, when you ran it through
- 31:50ChatGPT or copilot or whatever it was, what came out the, the
- 31:55part that got sanded down. The first was the, was the the
- 32:01barbs, the the, you know, kind of the shots over the bow buried
- 32:05in the thing. And I just thought that was
- 32:09interesting. Like nothing's controversial.
- 32:13You smooth it off and make it sound nice and you take the edge
- 32:17over. And I had to ask, I was like, so
- 32:20so which of these three things do you think is wrong?
- 32:23Because we think that one of these things is wrong.
- 32:25And we didn't say, you know, it was all just kind of couched in
- 32:31platitudes. What do you think?
- 32:35What? What are they saying in
- 32:36university circles about the long term impact of AI on the
- 32:40university experience? Oh boy, I don't.
- 32:44I I wouldn't want to speak for that.
- 32:45I know there's a lot of dialogue happening about it.
- 32:48I thought it was interesting, you know, back in the old days,
- 32:51what, 24 months ago or what GPT first came out.
- 32:57Was it like that? It's like less than three years,
- 32:59right? Yeah, yeah, yeah.
- 33:02But, you know, you had a lot of university people, a lot of
- 33:07faculty and administrators being like, we're going to ban this.
- 33:12And, and I thought it was really good.
- 33:16One of the senior administrators at the university I work at came
- 33:20out and said, no, we're not going to ban it because it's
- 33:23part of the world. What we're going to do is we're
- 33:26going to teach and expect smart use of the tool.
- 33:31You know what I mean? I thought that was, yeah, that's
- 33:34the kind of smart. Approach.
- 33:35Like anybody who says they're going to ban it, like we're
- 33:39going to lock up the calculators and I'm just like like when a
- 33:44few big. Cities early on were like, we're
- 33:47banning Uber. You can only use a traditional
- 33:49taxi. OK, Good luck.
- 33:52Yeah. In general, if you are, if you
- 33:55are imprisoning technology, you're probably headed down the
- 34:00wrong path, yeah. You know, control and manage.
- 34:04It sure. OK, so if you're and and that's
- 34:07exactly what happened, right? Like Uber, you can't really
- 34:12prevent it. But now, OK, now if you want to
- 34:15drive Uber in New York, you got to have a sticker that lets you
- 34:19pull into LaGuardia and JFK and you're going to pay money for
- 34:24that sticker like they regulate it, but just we're going to ban
- 34:29it. That just doesn't work.
- 34:31But I guess my question is. Could you?
- 34:35So, you know, there's universities now that are
- 34:36completely online, like University of Phoenix and you
- 34:40got to. Take so many.
- 34:40Courses and these courses consists of this, this and this.
- 34:43This is a syllabus, what we teach.
- 34:44This is just curriculum. I mean, couldn't you duplicate?
- 34:49I mean, it probably wouldn't be that hard to use chat EPT to
- 34:53duplicate the curriculum of an entire degree.
- 34:57And then could you get to a place where you could create a
- 35:01self completed degree with accreditation and somebody could
- 35:05get a degree through the ChatGPT created university and say
- 35:10they've got a degree to that very.
- 35:12End I was listening to, I feel like we, we do a lot of like
- 35:16retweeting of podcast, but is listen to another podcast where
- 35:20this, this was part of the discussion.
- 35:22And the guy said, if this is true, that being in a class, a
- 35:27live class versus reading the book gives you an 80% better
- 35:32experience and getting a private tutor versus being in a large
- 35:37class gives you another like 80% boost or something like that.
- 35:42And so his suggestion was kind of like yours, you, you give the
- 35:48subject matter of the degree as the knowledge base that the
- 35:53agent works on. But he said he's done this and
- 35:57I'm going to try it. He said, prompt your AI to tutor
- 36:05you in this particular topic. Ask, teach me, ask me hard
- 36:12questions. Don't let me off the hook.
- 36:14You know, build a prompt like this and let it through chat and
- 36:20dialogue, Like, let it give you homework.
- 36:22Let it grade your homework. I thought that was kind of
- 36:25brilliant in a way, yeah. So I got a couple.
- 36:29Things I'm going to try for that.
- 36:30There's a couple of concepts that I've just for a long time
- 36:35struggled with and I'm going to put it in there and I'm going to
- 36:38say don't just give me the answer.
- 36:41I don't get this at a core level.
- 36:44I need you to tutor me and help me understand it at a basic
- 36:48level and see what I get. Interesting.
- 36:51Yeah, I mean, well, and somebody else was talking about, they
- 36:55were, it was some obscure subject and they were talking to
- 36:59Jet GPT and it screwed it up and it didn't, you know, the results
- 37:03weren't right. And then we got to talk in and
- 37:05they're like, you know, surely the topics come up, but it
- 37:09learns. So it could be that it doesn't
- 37:12know something, but it needs to learn it, right?
- 37:16So maybe it gets better. Practicing.
- 37:19Yeah, definitely. That's all I got.
- 37:21I'm boring today, man. I'm sorry.
- 37:23Yeah, we went. We went down.
- 37:24AI mean good luck producer and coming up with a title for
- 37:30Epstein to AII guess the best news of.
- 37:36All, though, is we're not talking about somebody being
- 37:41shot. And that I have to give grudging
- 37:47credit to the administration for realizing that something needed
- 37:53to change in the strategy that was going on.
- 37:55And I hope that I hope the Democrats in kind will, will
- 38:03come to a little more peace on that.
- 38:04I I'm just pleased that it's not the topic of the front headline
- 38:10today. Yeah, you know, it's a good.
- 38:12Point we talked about this last week some and I've seen some
- 38:16other comparisons, you know, the previous in administrations,
- 38:22previous administrations and deportation activity and it's
- 38:26like it's actually a lot less in this administration than other
- 38:29administrations, but there's a lot more protests.
- 38:34Some administrations are never. Any protests and so I hope that
- 38:39the strategy then becomes how do we you know, I'm glad that he's
- 38:45doing what he. Said he was going to.
- 38:46Do. But can you do in a way that
- 38:47doesn't invoke protesting and violence?
- 38:51And there probably is. There's probably ways you could
- 38:55continue to enforce and continue the mission, but without
- 39:02creating a a scene. You know what I mean?
- 39:04It sounds like that's what maybe they're trying to do.
- 39:06So that's good. Well, yeah.
- 39:09And I think. That you know, I I have strong
- 39:13opinions about immigration. I do not have a feeling that we
- 39:19ought to just look the other way on violent criminals.
- 39:22I'm totally fine with closing the border and enforcing the
- 39:26law. I'm totally fine with operations
- 39:30to deport violent criminals. I do think I, I am not probably
- 39:36going to change my mind on this in so far as the Biden
- 39:40administration left the door open and not just the Biden
- 39:44administration, others as well. It's a little, it's kind of BS
- 39:48to say to somebody, you know, well, you will.
- 39:51We'll let you get here. You can, you can get here.
- 39:53You can we'll, we've got companies that'll look the other
- 39:57way on a fake Social Security number.
- 40:00We've got all kinds of ways that our economy will take use of you
- 40:05and then without crime involved, without just because.
- 40:13Targeting people and you know, like felony arrests without
- 40:19warrants. I just don't.
- 40:23You would make the point that the Democrats in Minnesota and
- 40:26others kind of fanned the flames of protest.
- 40:29I maintain that the nature of the enforcement effort in
- 40:33Minnesota was designed to to provoke.
- 40:38And we kind of need neither of those.
- 40:40We need accurate, fair, just execution of the law, not points
- 40:50being made on either side. Yeah.
- 40:53Dig into it further too. I mean, a lot of the
- 40:57deportations, there's one people that are criminals, but then you
- 41:02know, like a big priority. There's like 1.4 million
- 41:06deportation orders that have never been enforced.
- 41:09And so that's a lot of what they're enforcing is somebody's
- 41:12already got an order to deport and they're not leaving.
- 41:14So, yeah. So it'll be interesting to see
- 41:17how they can do that without, you know, be able to enforce the
- 41:21law without this orchestrated network of protests.
- 41:26I don't, I don't know, you know, I don't know what the answer is
- 41:30there. It sounds like they're taking
- 41:31another path because it doesn't sound like it's in the news
- 41:34nearly at the same frequency it was.
- 41:36But I don't think they've stopped deportation either.
- 41:38So maybe they found a way to do it under the radar.
- 41:41I don't know. Well, and.
- 41:43And again, you know, I'm sure you'd find people that would
- 41:46would see it differently. I'm not arguing that we
- 41:48shouldn't deport people that that need to be or deserve to be
- 41:51deported. I think that just being here
- 41:56because you came across and weren't stopped at the border
- 41:59and just living your life and being productive.
- 42:03That's why I bristle at the term illegal immigrant.
- 42:05I like, I don't know, we, we changed our mind, we let you in
- 42:10and we were happy to take your labor.
- 42:12And now we changed again. If there's cramp, if there's
- 42:16crime involved, if if these are, you know, bad actors, by all
- 42:22means. If someone gets in trouble, by
- 42:26all means. But we and we agree on this.
- 42:31We got to have a different way, a different path.
- 42:33But who's going to bring it up? You know, like, I don't
- 42:36understand why the Democrats don't.
- 42:38But the Republicans aren't going to come out and say, all right,
- 42:41now we're going to launch a massive amnesty plan.
- 42:46Even if it's the right thing to do, they're not going to do
- 42:48that. Yeah.
- 42:50Well, I think to me, if somebody's the, the.
- 42:54Criminal. Records and the deportation
- 42:56orders? Hard to argue that those people
- 43:00should have it should stay, but outside of those boundaries, it
- 43:06certainly would be more economical if you found a faster
- 43:09path to citizenship for folks. But but I think there's also,
- 43:14you know, you talk to somebody who's come to the country
- 43:17legally and went through all the pain that that involves.
- 43:21There's a bit of anger involved too.
- 43:23And you take somebody that just, you know, came across the border
- 43:27and, oh, well, now we're just going to let you in
- 43:30automatically. So I know there's different
- 43:32perspective there also. Yeah, again.
- 43:35I don't think that the, the person that you describe, I
- 43:38don't think they should have been subject to that pain.
- 43:40I think we desperately need immigration in this country and
- 43:45like, that's the part that nobody's talking about and I
- 43:48well, but. We do.
- 43:52But I mean, the reality is if you eliminated every barrier to
- 43:59immigration, every country in the world would.
- 44:02I mean, we would be. Inundated with.
- 44:05People, I mean, there, there's more demand out there than there
- 44:08are. Probably slots that most.
- 44:13People would want, I mean, I don't think most people want 100
- 44:16million people to come across the border every year, but
- 44:18there's enough demand to bring that many people per year, you
- 44:22know, so you can then have to be OK Where do you draw that line?
- 44:26Yeah. But which is always funny.
- 44:29To me, because everybody globally.
- 44:31Talks how bad the United. States is, but every single one
- 44:34of them wants to move here so, well, I don't think you're
- 44:37right. There, I mean, I, I get the
- 44:40impression that most Danes are OK stay in Denmark.
- 44:44I don't know that they're, you know, the talked to a lot of
- 44:49Europeans. That would love to live in the
- 44:50United States because they don't like 67% taxes, but then why
- 44:54don't they? It's not that simple.
- 44:58I think it is. I mean, Trump said if you're
- 45:01from Scandinavia, we're going to give you like, like they fast
- 45:05tracked all the white countries. They said that we're going to
- 45:10lower standards for Scandinavian countries and we're just saying
- 45:15it's not unlimited. So I think it's no, I agree.
- 45:18I I agree. With that, I, I don't think it's
- 45:20unlimited, but you know, and then how do you, how do you
- 45:25allocate it? You know, there's the H1B
- 45:28approach, like we're going to take the smartest people that
- 45:32your country has or do you take people that are in the greatest
- 45:36need, you know, or do you how do you balance those prioritize
- 45:41people with? With illegal daycare money
- 45:44smuggling schemes. Oh wait, I'm sorry that was
- 45:48already done. But never low blow, sorry.
- 45:56Hey, thanks for joining us on this episode of Bourbon and Rum
- 45:58Podcast. We hope you enjoyed it.
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