Latest / Breaking Points with Krystal and Saagar / 6/30/26: Portnoy Threatens Zohran Challenge, CNBC Explodes Over AI Bubble, Kevin O'Leary Data Center Humiliation

Transcript

6/30/26: Portnoy Threatens Zohran Challenge, CNBC Explodes Over AI Bubble, Kevin O'Leary Data Center Humiliation · Breaking Points with Krystal and Saagar

• 0:00
  Speaker 1: Hey, guys, Saga and Crystal here.
• 0:01
  Speaker 2: Independent media just played a truly massive role in this election,
• 0:05
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• 0:07
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• 0:27
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• 0:29
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• 0:33
  Speaker 2: Some very interesting comments from Dave Portnoy yesterday on Fox
• 0:37
  Speaker 2: News with Jesse Waters. Apparently he is considering a run
• 0:40
  Speaker 2: for office and maybe even would run against Zoronmmdani for
• 0:44
  Speaker 2: mayor of New York City.
• 0:45
  Speaker 3: List Saigalism, losing my mind on what's happening right now,
• 0:48
  Speaker 3: especially in New York. I mean, you get the Nazi
• 0:50
  Speaker 3: and Maine. This really really really worries me.
• 0:53
  Speaker 4: So I'm while you're run against Mondani.
• 0:56
  Speaker 3: I would love to run against If I was going
• 0:58
  Speaker 3: to run, I would be here. Can I win here.
• 1:00
  Speaker 5: I have no idea.
• 1:01
  Speaker 3: I don't know the demographics, whether they get enough votes.
• 1:03
  Speaker 3: There's a lot of people who like me in New
• 1:06
  Speaker 3: York City. I know that I've done a lot of
• 1:08
  Speaker 3: good in New York City when I wasn't thinking about politics,
• 1:11
  Speaker 3: whether it's the barstool fund, pizza places, so it wasn't
• 1:14
  Speaker 3: for show.
• 1:15
  Speaker 5: I've had a.
• 1:15
  Speaker 3: Real job, I've done real things, unlike these clown politicians
• 1:19
  Speaker 3: who have never had a job and never been in
• 1:21
  Speaker 3: the real world for a day. But the people voting
• 1:26
  Speaker 3: for these people, there's one are like these young white.
• 1:30
  Speaker 4: Like.
• 1:32
  Speaker 3: Ivy league ish, elitish women.
• 1:35
  Speaker 5: It's like, who are they like?
• 1:37
  Speaker 3: They'll never vote for me, They'll never believe in common sense.
• 1:39
  Speaker 6: When you're unhappy, you.
• 1:40
  Speaker 4: Want to make other people unhappy in that.
• 1:42
  Speaker 2: I don't think your election is going to go too
• 1:44
  Speaker 2: well if you start off by insulting the voting base.
• 1:47
  Speaker 2: You know, and I just I mean mysteriously, But we
• 1:52
  Speaker 2: talked yesterday about how Zorn's favorability just keeps going up.
• 1:55
  Speaker 2: Yes in the state at large, but in the City
• 1:57
  Speaker 2: of New York specifically, which is obviously his constientt Also
• 2:02
  Speaker 2: fantastic analysis from Michael Lang who looks at New York
• 2:06
  Speaker 2: politics like block by block of the coalitions that not
• 2:10
  Speaker 2: only elected Zoran, but now have elected Daria Liza and
• 2:13
  Speaker 2: elected Clare Valdas.
• 2:15
  Speaker 4: And so this.
• 2:16
  Speaker 2: Notion that Portnoy is offering here that oh, the voters
• 2:19
  Speaker 2: are just like the young college educated white girls. You
• 2:23
  Speaker 2: are not going to win a Harlem congressional district on
• 2:27
  Speaker 2: the backing of like young delusional white girls. Nor are
• 2:30
  Speaker 2: you going to win you know, in really anywhere in
• 2:33
  Speaker 2: the city, which is highly diverse, multi racial. And so
• 2:36
  Speaker 2: when you're talking about, you know, these coalitions that have
• 2:38
  Speaker 2: come together, it is a young, multi racial coalition that
• 2:43
  Speaker 2: is backing these candidates, and they really have grown beyond,
• 2:46
  Speaker 2: significantly beyond that like initial white activist base. And I
• 2:51
  Speaker 2: think that is why there's a big freak out, because
• 2:54
  Speaker 2: you could no longer just say well, you can only
• 2:56
  Speaker 2: win this type of district, or you only can win
• 2:58
  Speaker 2: this with this type of voter.
• 2:59
  Speaker 4: When you have that level of.
• 3:01
  Speaker 2: Broad based support, it becomes much more of a threat.
• 3:04
  Speaker 2: But in any case, I mean, I don't really take
• 3:05
  Speaker 2: this seriously, but I do think it'd be funny if
• 3:07
  Speaker 2: he ran against Oran. And I think he would run
• 3:08
  Speaker 2: into a brick wall. Because right now New Yorkers are
• 3:10
  Speaker 2: absolutely loving Zoran.
• 3:12
  Speaker 5: It's the toxic millennial election that we deserve. Really, yeah,
• 3:17
  Speaker 5: that's it's I mean, I wouldn't be surprised if he
• 3:19
  Speaker 5: tries to do something like that one day. Really, I
• 3:21
  Speaker 5: wouldn't surprise me.
• 3:22
  Speaker 4: I don't know.
• 3:23
  Speaker 2: I'm not that much of a student of Dave Boorden. Yeah,
• 3:25
  Speaker 2: I just I just do think it's funny because he's
• 3:27
  Speaker 2: you know, there was this whole like saga we talk
• 3:29
  Speaker 2: about the barstool Conservatism, which is the core theme of
• 3:32
  Speaker 2: which was being like anti woke, and but when it
• 3:35
  Speaker 2: comes to you know, anything regarding Israel and quote unquote
• 3:39
  Speaker 2: anti Semitism, and suddenly you know, oh my god, Graham
• 3:42
  Speaker 2: Plattner's tattoo and his Ruddit post, he's a Nazi quote.
• 3:45
  Speaker 5: Nazi running in Maine.
• 3:46
  Speaker 4: He just yes, exactly.
• 3:47
  Speaker 2: So I do find it it's kind of laughable from him.
• 3:50
  Speaker 5: But you tard like some of the megalomania. Even in
• 3:52
  Speaker 5: that interview, He's like, all the good that I've done,
• 3:55
  Speaker 5: That's what I'm saying. Like I could actually see that.
• 3:57
  Speaker 5: I could see him at some point maybe even like
• 3:59
  Speaker 5: just dipping his toe in. He hires a consultant, tries
• 4:03
  Speaker 5: to test the waters, allow them. But you know, it
• 4:05
  Speaker 5: is interesting because in New York, that Black by Block
• 4:07
  Speaker 5: analysis from Michael Lang, I was looking at it yesterday
• 4:10
  Speaker 5: and I was comparing it with what just happened here
• 4:12
  Speaker 5: in DC, where a lot of the polling did indeed
• 4:14
  Speaker 5: find you could call it like gentrifiers. We're more attractive
• 4:18
  Speaker 5: to Genie Silas George the Democratic Socialist, the DSA candidate
• 4:21
  Speaker 5: here in DC. But what I think is interesting when
• 4:22
  Speaker 5: you look at New York is that this is where
• 4:25
  Speaker 5: the DSA is seeing it as I don't want to
• 4:28
  Speaker 5: say laboratory because that kind of downplays it, but like
• 4:30
  Speaker 5: a political laboratory to build a coalition. Yeah, and it's
• 4:35
  Speaker 5: actually working. It's picking up working class voters, non sort
• 4:39
  Speaker 5: of like elite voters to borrow the Portnoy word, which
• 4:42
  Speaker 5: is true in other cases, like you have seen that
• 4:44
  Speaker 5: happen in other cases. But that's what's happening right now
• 4:47
  Speaker 5: under the nose of people like Dave Portnoy, is that
• 4:49
  Speaker 5: they're actually building a coalition that's different from what we've
• 4:52
  Speaker 5: seen in the past, where they're bringing a board, working
• 4:56
  Speaker 5: class people looking at even like the Espalot result was
• 5:00
  Speaker 5: fascinating because it's was different actually from what we just
• 5:03
  Speaker 5: saw here in d C. It was not clear cut
• 5:05
  Speaker 5: in any way.
• 5:06
  Speaker 2: Well in DC, if memory serves Jeaniez Louis George, first
• 5:11
  Speaker 2: of all, she won quite convincing, yeah, overwhelmingly, and again
• 5:14
  Speaker 2: in DC, you can't do that if you have an
• 5:16
  Speaker 2: all white coalition. You know, there continues to be a
• 5:20
  Speaker 2: very divers city, and she the only areas that she
• 5:24
  Speaker 2: lost were the wealthiest, whitest areas of the city. So
• 5:27
  Speaker 2: she also was able to really defy the conventional wisdom
• 5:32
  Speaker 2: about what her campaign was and what it was appealing to,
• 5:35
  Speaker 2: and did win on a multiracial, multi class, you know,
• 5:39
  Speaker 2: class diverse also coalition, which is something similar to what
• 5:43
  Speaker 2: we saw here. Let's go and put up this is
• 5:46
  Speaker 2: another sort of shot across the bow for I think
• 5:48
  Speaker 2: mainstream analysis and also Fox News analysis, but d one
• 5:52
  Speaker 2: up on this screen.
• 5:53
  Speaker 7: This.
• 5:54
  Speaker 4: I noted this with great interest.
• 5:56
  Speaker 2: So they did this poll where they ask people there's
• 6:01
  Speaker 2: zero to one hundred feeling of various politicians, and so
• 6:05
  Speaker 2: this is like your vibe do you like these people?
• 6:07
  Speaker 5: Not?
• 6:08
  Speaker 2: You know their policies are what just like, do you
• 6:10
  Speaker 2: like these people? The most popular politician among the Democratic
• 6:14
  Speaker 2: base continues to be Barack Obama by a pretty decent margin.
• 6:19
  Speaker 2: He's at fifty four. Next up, you've got Bernie Sanders.
• 6:23
  Speaker 2: You see this becoming very relevant in a lot of
• 6:26
  Speaker 2: these primaries, so he is endorsed for example Abdullah Sayad
• 6:30
  Speaker 2: in Michigan, and Abdul has been running ads touting his
• 6:34
  Speaker 2: Bernie Sanders endorsement, and from this poll you can understand
• 6:38
  Speaker 2: why he's doing that.
• 6:39
  Speaker 4: Guess who comes in.
• 6:41
  Speaker 2: Right on the heels of the goat, Bernie Sanders himself,
• 6:44
  Speaker 2: Zora Mamdanni. And then you have the Democratic Party overall.
• 6:48
  Speaker 2: I'm actually surprised that it scores that well. Pete Bootage,
• 6:52
  Speaker 2: John Ossoff. And then you have AOC. So some of
• 6:55
  Speaker 2: the most popular Democratic figures for Democratic voters are Bernie's
• 7:00
  Speaker 2: and zoron mom Donnie. I think that is pretty noteworthy.
• 7:04
  Speaker 2: And the Republican ones here too are interesting. First of all,
• 7:06
  Speaker 2: no Republican really rates all that high. It's just kind
• 7:09
  Speaker 2: of noteworthy. Marco Rubio comes in first, right around the
• 7:14
  Speaker 2: AOC mark. Then you've got the Republican Party. Then you've
• 7:17
  Speaker 2: got JD. Vance and Donald Trump. Then you've got Elon Musk,
• 7:21
  Speaker 2: Mike Johnson, John Thune, and this is one is worth well,
• 7:26
  Speaker 2: we should do another segment on the Tucker Carlson like
• 7:29
  Speaker 2: the theory that he could win a Republican primary, because
• 7:32
  Speaker 2: he comes in pretty low here at twenty five percent,
• 7:34
  Speaker 2: and I think that's our twenty eight percent rather and
• 7:38
  Speaker 2: I do think there is a little bit of delusion
• 7:40
  Speaker 2: about what the Republican base would be looking for in
• 7:44
  Speaker 2: a candidate. And since Tucker has gotten crosswise with Trump,
• 7:47
  Speaker 2: you know, that's something that matters a lot to the
• 7:48
  Speaker 2: Republican base. So I think he would have a hard
• 7:50
  Speaker 2: time winning a Republican primary at this point.
• 7:53
  Speaker 5: This is so so interesting, Like these results are really
• 7:56
  Speaker 5: really interesting for a number of reasons, one of which is,
• 7:58
  Speaker 5: to your point, not a lot of Republicans rating up there.
• 8:01
  Speaker 5: Marco Rubio back in twenty fifteen, I think there was polling.
• 8:07
  Speaker 5: I have to remember a specific poll I remember being
• 8:09
  Speaker 5: written up in the Washington Post, but he was of
• 8:11
  Speaker 5: all of the Republican candidates who were flirting with the
• 8:14
  Speaker 5: nomination at that point. They pulled him against Hillary Clinton,
• 8:17
  Speaker 5: and Rubio was the only one of all the Republican
• 8:20
  Speaker 5: candidates that was actually beating Clinton with millennials at the time,
• 8:23
  Speaker 5: the young voting demo back into twenty fifteen. And that's
• 8:26
  Speaker 5: actually like, I think there is something about Rubio that
• 8:30
  Speaker 5: gets underestimated both in the MAGA right and sometimes on
• 8:34
  Speaker 5: the left, which is that his ability to communicate conservative
• 8:39
  Speaker 5: ideas in a way that feels i would say, almost
• 8:42
  Speaker 5: non political when he's really cooking, when he's giving like
• 8:44
  Speaker 5: a stump speech. That's also what caused him problems in
• 8:48
  Speaker 5: the twenty sixteen election because Chris Christy called him out
• 8:52
  Speaker 5: for like sticking to his talking points. So anyway, all
• 8:54
  Speaker 5: that is to say, I understand why Rubio was up there. Further,
• 8:57
  Speaker 5: I think, especially when you have a more like multi
• 9:01
  Speaker 5: racial voting electorate or electorate in.
• 9:05
  Speaker 4: General, with the Republican base.
• 9:07
  Speaker 5: Yeah, there's something about Rubio that clicks with more people.
• 9:11
  Speaker 5: So I don't know. I mean, it doesn't surprise me
• 9:13
  Speaker 5: that he's the one Republican that's up there a little
• 9:15
  Speaker 5: bit higher. It's not to say that he's like a
• 9:17
  Speaker 5: shoe in, but it is to say the reason that Trump,
• 9:19
  Speaker 5: who is pretty like one thing he understands is television
• 9:22
  Speaker 5: and social media and understands is an interesting way to
• 9:27
  Speaker 5: put it, but as a knack will put it back.
• 9:31
  Speaker 4: An animal instinct.
• 9:32
  Speaker 5: It's an animal instinct. That's well said. I think it's
• 9:35
  Speaker 5: one of the reasons he gravitates towards Rubio is that
• 9:38
  Speaker 5: he sees there's a telegenic element of him that Jadie
• 9:42
  Speaker 5: Vance doesn't have. So that was interesting. But these DSA
• 9:45
  Speaker 5: people have become pop culture figures. Yeah, truly. It doesn't
• 9:49
  Speaker 5: mean that that's gonna be enough to win a primary
• 9:52
  Speaker 5: and then a presidential election, but it does speak to
• 9:55
  Speaker 5: something in the culture that is much more favorable to
• 9:58
  Speaker 5: that right now.
• 9:59
  Speaker 2: Yeah, well, with so Zorn really at this point, because
• 10:02
  Speaker 2: Bernie is is older and Zoran is the one who's
• 10:06
  Speaker 2: really out there in the face of the movement at
• 10:08
  Speaker 2: this point and putting the principles into practice and notching
• 10:11
  Speaker 2: wins in New York City.
• 10:13
  Speaker 4: And there was such an incredible freak out about him.
• 10:17
  Speaker 2: We talked a little bit about yesterday that I also
• 10:19
  Speaker 2: think that the critics of not just him, but by
• 10:22
  Speaker 2: proxy the candidates that he supports, end up looking very
• 10:25
  Speaker 2: hysterical and disconnected from the impression that most people have
• 10:28
  Speaker 2: of them that comes through with you know, Portnoy here
• 10:31
  Speaker 2: calling Graham Platner a Nazi. I mean, if you genuinely
• 10:33
  Speaker 2: think this guy is a Nazi like that is completely insane.
• 10:36
  Speaker 2: You're gonna have issues with you know, things he said,
• 10:38
  Speaker 2: and don blah blah blah.
• 10:39
  Speaker 5: Are you control based on it? Be like, oh, you
• 10:41
  Speaker 5: guys have a Nazi. But if you're genuine if you really.
• 10:43
  Speaker 2: Genuinely think that this man is a Nazi like that
• 10:46
  Speaker 2: is just completely delusional and no, not serious your argument.
• 10:51
  Speaker 4: Read through his Reddit posts right, you can see all of.
• 10:53
  Speaker 2: His political views there plaina's day and they have nothing,
• 10:58
  Speaker 2: no bearing, you know, no relationship to any sort of
• 11:02
  Speaker 2: Nazi ideology. At the same time, Bruce Blakeman, who's the
• 11:05
  Speaker 2: county executive for NASA County in New York, which is
• 11:07
  Speaker 2: a large county, he went on Fox News and called
• 11:11
  Speaker 2: Brad Lander a Jewish man who happens to oppose war
• 11:16
  Speaker 2: crimes being committed by Israel with the consent and assistance
• 11:20
  Speaker 2: of our government. Compares him to a Nazi guard and
• 11:24
  Speaker 2: a quote unquote collaborator. Utterly insane, delusional, absurd reading of things.
• 11:31
  Speaker 2: Let's go ahead and take a listen to Bruce Blakeman.
• 11:34
  Speaker 8: I think the question, though, talks about genocide in Gaza,
• 11:37
  Speaker 8: when there was no genocide in Gaza. What you had
• 11:40
  Speaker 8: was you had a military action with military objectives on
• 11:43
  Speaker 8: the part of Israel. Take that in contrast to Hamas
• 11:49
  Speaker 8: which raped women, cut off babies heads, and shot people
• 11:54
  Speaker 8: that were unarmed. So when you compare that, there's no more.
• 11:57
  Speaker 9: But in what instance, Well, I mean talk about a
• 11:59
  Speaker 9: more equivalency. You're likening him to a Nazi guard. Well,
• 12:04
  Speaker 9: he's a cut That seems like a false moral equivalency.
• 12:06
  Speaker 8: No, he's a collaborator. There's no question in my mind.
• 12:09
  Speaker 8: He's either a collaborator or a coward.
• 12:11
  Speaker 9: And what is that distinction? I saw you said that
• 12:13
  Speaker 9: to the New York Times. What is the distinction and likening
• 12:16
  Speaker 9: someone who.
• 12:18
  Speaker 8: Well, you have to know your World War two history,
• 12:20
  Speaker 8: you have to know about the Holocaust. And the collaborators
• 12:22
  Speaker 8: were people who were Jewish, who would identify Jewish families.
• 12:27
  Speaker 4: I understand that.
• 12:28
  Speaker 5: I understand the facts.
• 12:29
  Speaker 9: I'm saying, what is the difference in the distinction you're
• 12:32
  Speaker 9: making in terms of mister Bradlander.
• 12:34
  Speaker 8: The distinction I'm making is that the fact that he
• 12:37
  Speaker 8: is Jewish, has nothing to do with his positions. As
• 12:41
  Speaker 8: a matter of fact, being a Jewish person, a Jewish
• 12:44
  Speaker 8: public official, it should be his responsibility to speak out
• 12:49
  Speaker 8: and speak the truth.
• 12:50
  Speaker 4: This is just beyond disgusting.
• 12:52
  Speaker 2: And of course he has to repeat the atrocity propagandaize
• 12:57
  Speaker 2: the babies that are beheaded, you know, the mass rape
• 12:59
  Speaker 2: which is contest did and then I love this he
• 13:01
  Speaker 2: says that Hamas shot people who were unarmed.
• 13:05
  Speaker 4: Do you know what Israel.
• 13:06
  Speaker 2: Has been doing for these past not just post October seventh,
• 13:10
  Speaker 2: but for literally decades. I mean, we can show you
• 13:13
  Speaker 2: the babies who have been executed by Israel, by the IDF.
• 13:20
  Speaker 2: And furthermore, we are not funding and arming Hamas, We
• 13:24
  Speaker 2: are funding and arming Israel. So but to smear Bradlander
• 13:29
  Speaker 2: this way is just utterly discussing. Let's put the next
• 13:31
  Speaker 2: images up on the screen. This is the man at
• 13:33
  Speaker 2: the Pride parade that you were saying is a Nazi collaborator,
• 13:38
  Speaker 2: that he's like the equivalent of a Nazi guard here.
• 13:41
  Speaker 4: It's just and so this is where.
• 13:44
  Speaker 2: Any normal person, like I know, there are Fox News
• 13:47
  Speaker 2: grandmas that will eat this kind of thing up right,
• 13:51
  Speaker 2: and maybe some Sian and Grandma's, but not that many,
• 13:53
  Speaker 2: I don't think at this point, given how not just
• 13:56
  Speaker 2: young people and Democratic Party, but there has been a
• 13:58
  Speaker 2: whole shift of viewpoint and the Democratic Party top to bottom,
• 14:01
  Speaker 2: and very much among Independence as well. But you know,
• 14:04
  Speaker 2: outside of the Fox News and right wing echo chamber,
• 14:09
  Speaker 2: people are going to look at Brad Lander and listen
• 14:11
  Speaker 2: to him talk and his viewpoints, and here you compare
• 14:14
  Speaker 2: him to a Nazi and think you are completely insane
• 14:17
  Speaker 2: and out to lunch.
• 14:18
  Speaker 5: Yeah, and that propaganda used to work, including on people
• 14:20
  Speaker 5: like me until like what five years ago, especially the
• 14:24
  Speaker 5: last several years. But it's really powerful, and it's really gross,
• 14:28
  Speaker 5: and it's also I'll just argue, if you're a proponent
• 14:31
  Speaker 5: of a robust alliance with Israel, it's not helpful to
• 14:34
  Speaker 5: your cause whatsoever because you are totally first of all,
• 14:37
  Speaker 5: this the smear has lost its power. But second of all,
• 14:39
  Speaker 5: you are totally misreading and arguing against a straw man,
• 14:44
  Speaker 5: which is not again going to be helpful for you
• 14:46
  Speaker 5: to defeat the arguments of people who are saying, look
• 14:49
  Speaker 5: at what Israel did in Gaza over the last several years.
• 14:52
  Speaker 5: Continuing to just say you're a Nazi collaborator doesn't prepare
• 14:56
  Speaker 5: you to defeat that argument in the court of public opinion,
• 14:59
  Speaker 5: especially now that people have so much more access to
• 15:01
  Speaker 5: information bypassing the traditional gatekeepers. That argument actually is very
• 15:05
  Speaker 5: interesting as like a media artifact, because what you see
• 15:08
  Speaker 5: him almost coasting on, thinking he can coast on is
• 15:12
  Speaker 5: just saying, well, you got to know the history of
• 15:14
  Speaker 5: World War two and the babies, and Caitlin is pushing back. Yeah,
• 15:21
  Speaker 5: he wasn't. I honestly think he was surprised to get
• 15:24
  Speaker 5: that level of pushback.
• 15:25
  Speaker 2: On I'm on with Jake Tapper or Dana Bash.
• 15:29
  Speaker 5: You might have gone different. Those were basic questions, right,
• 15:32
  Speaker 5: Those are totally fair basic questions, And again I think
• 15:35
  Speaker 5: you could reflexively kind of coast on the goodwill a
• 15:38
  Speaker 5: lot of Americans had towards Israel and the genuine opposition.
• 15:43
  Speaker 5: This is what I think is so disgusting about it,
• 15:44
  Speaker 5: the genuine opposition. A lot of Americans have too actual bigotry,
• 15:48
  Speaker 5: Like we have made enormous strides if you look at
• 15:51
  Speaker 5: public polling on anti Semitic sentiments, like what we have
• 15:55
  Speaker 5: made in terms of progress on that in this country
• 15:57
  Speaker 5: very quickly, by the way, is a really good thing
• 16:00
  Speaker 5: that we actually should be proud of, and to prey
• 16:02
  Speaker 5: on the discust the average American has towards bigotry is
• 16:07
  Speaker 5: so like, that's what I find to be the most
• 16:09
  Speaker 5: disgusting element of all of it, because it's exploitation of
• 16:13
  Speaker 5: something that we've worked really noble impulse.
• 16:16
  Speaker 2: Yeah, well, I think he should listen to Vice President
• 16:18
  Speaker 2: jad Vance, who says that if everything is true hatred,
• 16:21
  Speaker 2: then nothing is jeue hatred. I think maybe he should
• 16:23
  Speaker 2: take a listen to some of the things the Vice
• 16:24
  Speaker 2: President has said recently. We've got some really significant, you know,
• 16:29
  Speaker 2: primary challenges happening today in the state of Colorado. Emily
• 16:32
  Speaker 2: and Ryan will of course cover the results tomorrow, but
• 16:34
  Speaker 2: d five up on the screen. We interviewed yesterday two
• 16:39
  Speaker 2: of the candidates in these races, malt Kiros who is
• 16:42
  Speaker 2: challenging Diana to get in a Denver congressional district, and
• 16:46
  Speaker 2: that one really.
• 16:48
  Speaker 4: Looks very possible.
• 16:50
  Speaker 2: Mi Lot is a DSA candidate, Hassan Piker is there
• 16:53
  Speaker 2: in the state today to rally for her. There's been
• 16:57
  Speaker 2: a surge of enthusiasm for her race and the possibility
• 16:59
  Speaker 2: there after the DSA victories last week. Diana de Gett
• 17:03
  Speaker 2: is in the Congressional Progressive Caucus, but there's all this
• 17:06
  Speaker 2: dark money that's flowing in from a variety of shady
• 17:09
  Speaker 2: sources to back her and keep her in because she is,
• 17:13
  Speaker 2: you know, she is progressive on certain issues, but she
• 17:16
  Speaker 2: also at the end of the day, is quite corporate.
• 17:18
  Speaker 2: And you know, on a key issue for a lot
• 17:20
  Speaker 2: of young voters in particular, really voters at large in
• 17:23
  Speaker 2: the Democratic Party on Israel, she has not been good.
• 17:26
  Speaker 2: You also have a you know, a primary challenge in
• 17:29
  Speaker 2: the in the governor's race as well. That Michael Bennett
• 17:33
  Speaker 2: is running in the Democratic governatorial primary, and he is
• 17:37
  Speaker 2: very well known in the state senator all of that
• 17:39
  Speaker 2: sort of stuff, and it looks like he has a
• 17:41
  Speaker 2: stronger challenge than was anticipated. And then Julie Gonzalez, who
• 17:44
  Speaker 2: we also interviewed yesterday, is challenging challenging John Hickenlooper in
• 17:48
  Speaker 2: the Senate, and you know, there are some indications that
• 17:51
  Speaker 2: her campaign has a lot of energy as well, although
• 17:54
  Speaker 2: I think the statewide lift is more difficult than what
• 17:56
  Speaker 2: a lot would be pulling off the in that debt
• 18:00
  Speaker 2: for congressional district. So in any case, The piece that
• 18:02
  Speaker 2: I just had up there from Politico was just basically
• 18:04
  Speaker 2: like an accounting of how the dem establishment is completely
• 18:07
  Speaker 2: freaking out, but Colorado is not the only place that
• 18:10
  Speaker 2: they have to be concerned about. We have another left
• 18:13
  Speaker 2: leaning candidate, more in the progressive lane than in the
• 18:16
  Speaker 2: DSA wing, that is leading in the Minnesota Senate primary.
• 18:20
  Speaker 2: We can put the D four element up on the screen.
• 18:24
  Speaker 2: This is the latest poll out of Minnesota finds Peggy
• 18:27
  Speaker 2: flan Again, who is the current lieutenant governor, at forty
• 18:29
  Speaker 2: three percent. Angie Craig, who is a very moderate Democrat.
• 18:33
  Speaker 2: I think she was like healthcare, medical device something. Anyway,
• 18:37
  Speaker 2: she comes from a corporate job into Congress. She's at
• 18:40
  Speaker 2: thirty six percent, and you've got twenty two percent who
• 18:42
  Speaker 2: are unsure.
• 18:43
  Speaker 4: So that one is close.
• 18:44
  Speaker 2: But according to this pole, at least Peggy flan Again,
• 18:47
  Speaker 2: who is more of the left wing candidate, has the lead.
• 18:49
  Speaker 2: And you know there's others as well that after Colorado
• 18:53
  Speaker 2: you're going to be, you know, seeing more of these
• 18:55
  Speaker 2: primary challenges rise to the surface and get online support
• 18:58
  Speaker 2: and traction and national attention. Because it truly is a
• 19:01
  Speaker 2: party reckoning. Espayat is the perfect example. Again, this is
• 19:06
  Speaker 2: a guy who and Goldman in the Bradlander's opponent who
• 19:11
  Speaker 2: took out Dan Goldman in Manhattan is another perfect example.
• 19:15
  Speaker 5: Very Jewish district.
• 19:16
  Speaker 2: So if you're saying one of the Nazi collaborates one
• 19:18
  Speaker 2: of the most Jewish districts in the country.
• 19:20
  Speaker 5: You're calling a lot of Jews in New York Nazi collaborators,
• 19:23
  Speaker 5: the supporters of a Nazi collaborator.
• 19:25
  Speaker 2: Yes, and Lander didn't win by a slim margin, No,
• 19:28
  Speaker 2: it was called immediately it was an overwhelming landslide. And
• 19:32
  Speaker 2: Goldman again was kind of a resistance dem figure, you know,
• 19:35
  Speaker 2: involved in impeachment hearings and all this sort of stuff
• 19:38
  Speaker 2: on certain issues, positioned himself as progressive. But the end
• 19:42
  Speaker 2: of the day, voter said, yeah, but you support moral
• 19:44
  Speaker 2: atrocities that are unacceptable to us, and we want nothing
• 19:47
  Speaker 2: to do with you. And so that's you know why
• 19:49
  Speaker 2: they overwhelmingly voted for a guy they felt a lot
• 19:52
  Speaker 2: more comfortable with.
• 19:52
  Speaker 4: Bradlander.
• 19:53
  Speaker 5: Yea, and Ryan will be here of course to break
• 19:55
  Speaker 5: down those As you mentioned Colorado results tomorrow. Also should
• 19:58
  Speaker 5: mention that Angie Craig got the the endorsement yesterday of
• 20:01
  Speaker 5: Minneapolis Mayor Jacob Frye, who has been obviously out front
• 20:05
  Speaker 5: of the conflict between the State of Minnesota the City
• 20:09
  Speaker 5: of Minneapolis between them and Donald Trump, But he went
• 20:13
  Speaker 5: with Angie Craig in that endorsement yesterday, who was lagging
• 20:17
  Speaker 5: according to the polls that Crystal just showed. So a
• 20:20
  Speaker 5: lot to watch, and I think one big takeaway if
• 20:22
  Speaker 5: you're somebody that is sympathetic to the political establishment maybe
• 20:26
  Speaker 5: or even like a left of center Democrat who doesn't
• 20:28
  Speaker 5: like what you see from DSA candidates, or someone on
• 20:32
  Speaker 5: the right who's horrified by what you see from some
• 20:34
  Speaker 5: DSA candidates, I think one of the big themes just
• 20:37
  Speaker 5: looking at all these races is how, to your point, Crystal,
• 20:40
  Speaker 5: there is a new coalition building happening on the ground.
• 20:43
  Speaker 5: It is not just true that this is a totally
• 20:47
  Speaker 5: elite movement anymore. I mean, you and I can debate
• 20:50
  Speaker 5: about whether that was always the case whatever, but a
• 20:52
  Speaker 5: lot of people coming out of you know, academia, and
• 20:54
  Speaker 5: Chavali is a good example. I think she's like in
• 20:56
  Speaker 5: her seventh year of a PhD. You know, It's like
• 20:59
  Speaker 5: people who are upwardly mobile but spend a lot of
• 21:01
  Speaker 5: time in academia, at elite schools. That's Columbia in every case.
• 21:04
  Speaker 5: So obviously there's appeal there. But what's happening right now
• 21:08
  Speaker 5: is a broadening of the coalition or attempt to broaden
• 21:10
  Speaker 5: the coalition, and we're seeing some successes at that. Yeah.
• 21:14
  Speaker 5: So that's a I think a pretty significant development and
• 21:17
  Speaker 5: takeaway for people who are watching this race and these
• 21:19
  Speaker 5: races and are maybe not happy with the DSA candidate.
• 21:21
  Speaker 2: Look, here's the thing the establishment sold people, successfully sold
• 21:25
  Speaker 2: people on one model. If here's how we're going to
• 21:27
  Speaker 2: defeat Trump, yep, right, And it was and it was
• 21:30
  Speaker 2: Dan Goldman, and it was Hillary Clinton, and it was
• 21:33
  Speaker 2: Joe Biden who was able to ecount of victory yes
• 21:36
  Speaker 2: in twenty twenty. But the idea that that was going
• 21:39
  Speaker 2: to be the end of things and we're going to
• 21:40
  Speaker 2: quote unquote go back to normal that obviously didn't happen.
• 21:43
  Speaker 2: So their credibility is in the toilet, even just on
• 21:46
  Speaker 2: a basic like pragmatic Okay, how are we going to win?
• 21:50
  Speaker 2: And so people are no longer cowed by this. Well,
• 21:53
  Speaker 2: you may like this candidate, but you can't have them.
• 21:56
  Speaker 2: You got to do this other you gotta go with
• 21:58
  Speaker 2: Angie Craig, you got to go with Hailey Steve. And
• 22:01
  Speaker 2: speaking of Hailey Stevens and the Michigan race, the latest
• 22:05
  Speaker 2: pulls out have Abdullah Sayah doing better in the general
• 22:07
  Speaker 2: election against Mike Rogers, who's relatively strong for a Republican candidate,
• 22:12
  Speaker 2: doing better and winning that general election race in a
• 22:16
  Speaker 2: way that Hailey Stephens and Meller mcmorro are not.
• 22:19
  Speaker 4: So all of.
• 22:20
  Speaker 2: Those adages that have been sold to people about what
• 22:22
  Speaker 2: you have, the way you've got to suck up and
• 22:24
  Speaker 2: accept from your Democratic representatives, they're just not buying it anymore.
• 22:28
  Speaker 5: So.
• 22:28
  Speaker 2: The base has always been more aligned ideologically with the
• 22:33
  Speaker 2: Bernie wing of the party, and now that the establishment
• 22:36
  Speaker 2: wing has destroyed their credibility on their electability argument, it
• 22:40
  Speaker 2: has opened up a lot of possibilities.
• 22:42
  Speaker 4: And obviously there's been deep.
• 22:44
  Speaker 2: Disappointment too with the way that the Democratic establishment has
• 22:47
  Speaker 2: handled themselves in the Trump two point zero era. And
• 22:50
  Speaker 2: then you add Israel to that mix and it becomes
• 22:52
  Speaker 2: quite a powerful force to be reckoned with.
• 22:54
  Speaker 5: Final thought for me, we'll tie this all together with
• 22:57
  Speaker 5: your Utah segment, Crystal, But if you are are unhappy
• 23:01
  Speaker 5: with either left populism or right populism, because a lot
• 23:04
  Speaker 5: of right populists are very unhappy now with left populism
• 23:07
  Speaker 5: finding less kind of like handshakes as there was previously
• 23:10
  Speaker 5: on anti trust and big tech, and to the extent
• 23:12
  Speaker 5: that was real. There's clear division now. But if you're
• 23:16
  Speaker 5: unhappy with that, obviously, I think we can all agree
• 23:20
  Speaker 5: on exactly what Crystal just said about the establishment, whether
• 23:22
  Speaker 5: it's the Republican establishment or the Democratic establishment. And Trump,
• 23:26
  Speaker 5: as somebody who's anti establishment or wanted to tell people
• 23:29
  Speaker 5: was anti establishment, is currently tabling the housing bill, the
• 23:33
  Speaker 5: bipartisan Housing Bill between Tim Scott and Elizabeth Warren because
• 23:37
  Speaker 5: they won't pass the Save Act, which again is a
• 23:39
  Speaker 5: huge priority for the conservative grassroots. I think it's crazy
• 23:43
  Speaker 5: what Republican senators have done to try to block that
• 23:45
  Speaker 5: from getting to the floor. But holy smokes, your boomer
• 23:49
  Speaker 5: president is tabling a housing bill to get the Save
• 23:52
  Speaker 5: like you can maybe try to do both of these things.
• 23:55
  Speaker 5: And he's trying to say that without the Save Act,
• 23:57
  Speaker 5: you end up not having a country. But I'm just saying,
• 23:59
  Speaker 5: the option that you are offering young people, the more
• 24:03
  Speaker 5: insufficient those options are, the more people are going to
• 24:06
  Speaker 5: continue finding the better option to be an imperfect option.
• 24:10
  Speaker 5: In many cases, they won't say there was a crazy
• 24:13
  Speaker 5: poll recently. I think it was Zoron. I think it
• 24:15
  Speaker 5: was exit polls from Zorn that found people were voting
• 24:18
  Speaker 5: for him even though they don't like socialism. They're voting
• 24:20
  Speaker 5: for democratic socialists even though they weren't supportive of socialism
• 24:23
  Speaker 5: because the other options are so terrible. So start offering
• 24:26
  Speaker 5: better options and stop blaming China for running an op
• 24:31
  Speaker 5: that's making people favorable to socialism and humrism like, just
• 24:34
  Speaker 5: start offering better options.
• 24:36
  Speaker 2: We'll come back to that when we get to the
• 24:37
  Speaker 2: Utah block and the Chinese alleged misinformation angle here, indeed
• 24:42
  Speaker 2: we will. We are tracking escalating warnings that AI is
• 24:49
  Speaker 2: a giant bubble that may collapse and take the entire
• 24:53
  Speaker 2: economy down with it. One of the people making that
• 24:56
  Speaker 2: argument is Jeremy Grantham, sometimes these characterized as like a
• 24:59
  Speaker 2: per A Barr. He is very skeptical of the idea
• 25:02
  Speaker 2: that the line will just continue to go up forever,
• 25:04
  Speaker 2: has been for a while, but certainly thinks that AI
• 25:07
  Speaker 2: is a bubble that could prove calamitous for the global economy.
• 25:10
  Speaker 2: Here he is fighting with Joe Kernin on CNBC about
• 25:13
  Speaker 2: exactly this topic.
• 25:14
  Speaker 10: Listic listen other far fact that some people have made
• 25:17
  Speaker 10: a lot of money like a chain letter. What does
• 25:21
  Speaker 10: crypto do?
• 25:22
  Speaker 6: I don't understand the question what what.
• 25:24
  Speaker 4: Does the use of crypto?
• 25:26
  Speaker 10: It pays no dividend, It doesn't represent an asset you
• 25:30
  Speaker 10: can put your fingers on. There is nothing there there.
• 25:33
  Speaker 10: It is just an idea that it will go up
• 25:36
  Speaker 10: in price if you trust me, it will go up.
• 25:38
  Speaker 6: When when in the on an Island, when shells were
• 25:42
  Speaker 6: used to represent an hour of work that you got
• 25:45
  Speaker 6: one hundred.
• 25:45
  Speaker 10: People comparison, this is completely faith based shape.
• 25:50
  Speaker 6: It represents proof of work. It represents proof of work.
• 25:54
  Speaker 6: You're going to be totally wrong on bitcoin too. You're
• 25:57
  Speaker 6: going to be wrong on everything.
• 25:58
  Speaker 5: Proof of unnecesed.
• 26:00
  Speaker 10: Sorry, work shouldn't be worth a bucket of warm spit.
• 26:03
  Speaker 10: The point is it hasn't outlived a general bullmarket. We've
• 26:06
  Speaker 10: been in a bullmarket since.
• 26:11
  Speaker 6: March.
• 26:11
  Speaker 10: You're nine, right, And when we get into a bad market,
• 26:15
  Speaker 10: which Joe may may think, we never will be again
• 26:17
  Speaker 10: a serious it's just a down fifty sixty seven. Do
• 26:21
  Speaker 10: we think it will pross a lot of that arm.
• 26:23
  Speaker 6: Anybody that listened to you from twenty ten is you've
• 26:27
  Speaker 6: done a grave disservice to them. So if you feel
• 26:30
  Speaker 6: fine with that, that's that's that's what you do for
• 26:33
  Speaker 6: a living.
• 26:33
  Speaker 5: That's fine.
• 26:34
  Speaker 6: I don't have a pump. Andrew invited you on. I'm
• 26:37
  Speaker 6: just pointing out the facts of the situation. If someday
• 26:41
  Speaker 6: you might be right like a broken.
• 26:43
  Speaker 2: Clock Andrew Russ organ takeing some strays there. Well, Andrew
• 26:46
  Speaker 2: wanted you. It was really not I got to start.
• 26:49
  Speaker 5: Doing that with the DSA. People are like Crystal invited
• 26:51
  Speaker 5: you on. I'm just saying, I'm.
• 26:53
  Speaker 4: Just like, I like that.
• 26:56
  Speaker 2: Yeah, we should definitely go in that direction. Okay, you
• 26:58
  Speaker 2: want breadlines, CRISTI invited you here, but you know that's
• 27:02
  Speaker 2: your business between you and her. Enjoy your redline.
• 27:05
  Speaker 5: I like it.
• 27:05
  Speaker 2: And your Central Park executions or whatever else in Sanit
• 27:08
  Speaker 2: and your Nazi collaborators. Anyway, as I.
• 27:10
  Speaker 5: Told you last week, all I asked is that the
• 27:12
  Speaker 5: execution is painless.
• 27:13
  Speaker 4: I got you, girl.
• 27:14
  Speaker 11: Thank you.
• 27:14
  Speaker 4: Don't worry.
• 27:15
  Speaker 2: Okay, we've got a central bank who is giving Grantham
• 27:19
  Speaker 2: some backup here in his analysis, we could put this
• 27:22
  Speaker 2: up on the screen. The AI boom propic up markets
• 27:24
  Speaker 2: could trigger the next crash. Central banks worn In its
• 27:27
  Speaker 2: annual economic report published on Sunday, the Bank for International
• 27:30
  Speaker 2: Settlements known as the Central Bank for Central Banks, warned
• 27:34
  Speaker 2: that the enormous spending on AI is accumulating financial vulnerabilities
• 27:38
  Speaker 2: that could amplify any future shock and spread from markets
• 27:41
  Speaker 2: into the wider economy. If memory serves, this is just
• 27:45
  Speaker 2: the latest of there have been several central banks that
• 27:48
  Speaker 2: have sounded similar warnings as insane amounts of money flow
• 27:54
  Speaker 2: into this hyperscaling data center bill out. And you know,
• 27:58
  Speaker 2: you've got companies, and we had ads thron On who
• 28:00
  Speaker 2: laid this dound very clearly. You have companies that are
• 28:04
  Speaker 2: assuming that the revenue will catch up with the spend
• 28:06
  Speaker 2: at some point in the future if they are able
• 28:09
  Speaker 2: to make good on their promises of effectively replacing all
• 28:13
  Speaker 2: of human labor, and that would be a very valuable
• 28:15
  Speaker 2: proposition to a lot of companies. That is what this
• 28:17
  Speaker 2: is all being bet on. And at this point you
• 28:21
  Speaker 2: have had some displacement, but certainly you haven't had the
• 28:24
  Speaker 2: wave of mass displacement that would be required for these
• 28:29
  Speaker 2: numbers these valuation numbers and the level of spend to
• 28:32
  Speaker 2: really add up and make sense. Now on the other
• 28:34
  Speaker 2: side of it, you have the, I think in controvertible
• 28:38
  Speaker 2: fact that these companies are effectively too big to fail.
• 28:41
  Speaker 2: At this point, they are effectively sort of de facto
• 28:44
  Speaker 2: government entities whenever government wants to intervene and tell them
• 28:47
  Speaker 2: what to do, as has happened in recent cases, most
• 28:49
  Speaker 2: notably with claude Ananthropic. We have another case now with
• 28:52
  Speaker 2: Open AI and chatch BT's release also being limited. In
• 28:56
  Speaker 2: any case, the government has a great interest in what
• 28:59
  Speaker 2: happens here is also going to be very interested making
• 29:01
  Speaker 2: sure the line does continue to go up. The size
• 29:04
  Speaker 2: of the buildoun and then sheer amount of cash that
• 29:07
  Speaker 2: is being spent here might be too much for them
• 29:08
  Speaker 2: to ultimately backstop, but I think we both know that
• 29:11
  Speaker 2: they will certainly try.
• 29:12
  Speaker 5: Yeah. So, when you have what thirty percent of the
• 29:14
  Speaker 5: mag seven we've talked about this a ton tied up
• 29:16
  Speaker 5: in basically AI stocks at this point such a sugar high,
• 29:20
  Speaker 5: you end up in this trap where you either have
• 29:22
  Speaker 5: to and we talked to ry Tropra about this, you
• 29:25
  Speaker 5: either have to deliver on wiping out fifty percent of
• 29:27
  Speaker 5: white collar jobs, as Dariamide said that AI would or
• 29:32
  Speaker 5: you end up with a market crash. So you're in
• 29:34
  Speaker 5: a trap. You either end up with mass job displacement
• 29:38
  Speaker 5: or a crash. Basically, I mean, I don't see a
• 29:40
  Speaker 5: real way out of either of those options.
• 29:42
  Speaker 4: In fact, even you may get both.
• 29:44
  Speaker 2: You could get both, And that is kind of where
• 29:46
  Speaker 2: I am leaning as a likely outcome of this thing.
• 29:50
  Speaker 2: I think it is definitely a bubble. I think it
• 29:52
  Speaker 2: is going to crash. I also think the technology is
• 29:55
  Speaker 2: very disruptive, and I don't think they're going to replace
• 29:57
  Speaker 2: all of human labor, but I do think it is
• 29:59
  Speaker 2: going to a lot of economic dislocation.
• 30:02
  Speaker 5: Well, see, this is interesting. I was going to ask
• 30:03
  Speaker 5: you to even flush that out, because I guess it
• 30:05
  Speaker 5: would be the magnitude of the bubble crash and the
• 30:07
  Speaker 5: magnitude of the job displacement, or even just the longevity
• 30:11
  Speaker 5: of how for what period of time there is displacement,
• 30:15
  Speaker 5: because it is possible that there are a lot of
• 30:17
  Speaker 5: new jobs created because of AI, Like we'll just say
• 30:20
  Speaker 5: that that's a possibility, and maybe it takes there's a
• 30:22
  Speaker 5: lag in the market, it takes five years or something
• 30:25
  Speaker 5: like that for those job to be replaced. So you
• 30:27
  Speaker 5: could have this weird position where the markets are reacting
• 30:31
  Speaker 5: to both of those things of bubble crash like that. Actually,
• 30:34
  Speaker 5: I'm curious when you say you think both of those
• 30:36
  Speaker 5: could happen, You mean, like simultaneously both of those.
• 30:38
  Speaker 2: Yeah, well, I mean the classic example people in offering
• 30:41
  Speaker 2: is the railroad boom.
• 30:42
  Speaker 5: Yeah right.
• 30:43
  Speaker 2: It was a genuine bubble. It crashed, It was calamitous
• 30:45
  Speaker 2: for the economy. It also was a genuinely transformational technology Internet,
• 30:49
  Speaker 2: same thing. I don't really buy into the happy talk
• 30:53
  Speaker 2: about well, there's some unspecified jobs that we can't really
• 30:57
  Speaker 2: tell you what they are, and I have no idea
• 30:59
  Speaker 2: what they would be that will emerge from the ether
• 31:02
  Speaker 2: as they have in the past, because past technologies have
• 31:04
  Speaker 2: not been meant to directly replace humans, you know, They've
• 31:08
  Speaker 2: been meant to replace like horses. This is meant to
• 31:11
  Speaker 2: replace the intellect of the human, which is like the
• 31:14
  Speaker 2: last thing that we can really hold on to as
• 31:16
  Speaker 2: being like, you know, having a superior position vis a vi.
• 31:20
  Speaker 2: The mechanical world. So you know, I need to see
• 31:23
  Speaker 2: some evidence of what these jobs would ultimately be. Now,
• 31:27
  Speaker 2: let me put on the other side on put E
• 31:29
  Speaker 2: three up on the screen. People took a lot of
• 31:31
  Speaker 2: notice of this yesterday. Ford has rehired hundreds of human
• 31:35
  Speaker 2: engineers after the AI that they implemented failed to match
• 31:40
  Speaker 2: the human driven quality checks, and Ford is touting this.
• 31:46
  Speaker 4: They also a lot of these companies.
• 31:47
  Speaker 2: So Ford has done, like, I don't know, fifty three
• 31:50
  Speaker 2: hundred people have lost their jobs at Ford over just
• 31:53
  Speaker 2: the past recent period, so they're bringing back a few hundred.
• 31:57
  Speaker 2: Now that doesn't mean that all of those jobs were
• 31:59
  Speaker 2: lost due to automation, but I think it's just worth
• 32:01
  Speaker 2: keeping in mind that the workforce there is still shrinking.
• 32:05
  Speaker 2: And then the other thing when you dig into this
• 32:07
  Speaker 2: is they say they're bringing these people back not to
• 32:10
  Speaker 2: permanently serve as okay, we're just sticking with humans. They
• 32:13
  Speaker 2: say they want the humans to better train the AI
• 32:16
  Speaker 2: on the systems and so, which reminds me very much
• 32:20
  Speaker 2: of what Meta is doing. They're using some of their
• 32:23
  Speaker 2: top engineers not to necessarily do the engineer work permanently,
• 32:28
  Speaker 2: but to train the AI that is intended to ultimately
• 32:32
  Speaker 2: replace them. Now, maybe because of the nature of AI,
• 32:35
  Speaker 2: and this is what plenty of people argue it's just
• 32:38
  Speaker 2: reading a New York Times aped this morning that makes
• 32:41
  Speaker 2: this argument. Because of the nature of AI, maybe it
• 32:43
  Speaker 2: never can really replace the human quality checkers, you know.
• 32:48
  Speaker 2: Maybe it hallucinates too much. Maybe it sort of loses
• 32:51
  Speaker 2: its train of thought as your conversation goes on and on,
• 32:54
  Speaker 2: or it continues to do the same.
• 32:55
  Speaker 4: Work process over and over.
• 32:57
  Speaker 2: It's possible that there are hard and fast limitations where
• 33:00
  Speaker 2: AI development kind of peaks and pewters ound. I will
• 33:04
  Speaker 2: just say that we have not found that wall for
• 33:07
  Speaker 2: AI to hit.
• 33:08
  Speaker 5: Yet.
• 33:09
  Speaker 2: It continues to improve. It continues to achieve more and
• 33:13
  Speaker 2: more impressive numbers on benchmarks. It continues to achieve things
• 33:16
  Speaker 2: like being able to solve mathematical puzzles that humans were
• 33:19
  Speaker 2: unable to solve, you know, for eighty plus years. It
• 33:22
  Speaker 2: continues to be able to write better works of even
• 33:27
  Speaker 2: literary fiction that is winning prizes, and even discerning people
• 33:31
  Speaker 2: are having trouble telling the difference between the human output
• 33:33
  Speaker 2: and the AI output. So if there is a wall,
• 33:37
  Speaker 2: it does not appear that we have hit that wall yet.
• 33:40
  Speaker 5: The railroad comparison, I think is really helpful too, because
• 33:43
  Speaker 5: it's not like when you're just smeared as a doomer,
• 33:47
  Speaker 5: which I kind of like, happily will take that label. Yeah,
• 33:50
  Speaker 5: call me a doomer by all means, I'll take it.
• 33:53
  Speaker 5: But when you call a doomer, it doesn't necessarily just
• 33:55
  Speaker 5: mean that you're saying the technology isn't transformational, that it
• 33:58
  Speaker 5: won't have some good benefits. Everyone is smeared as a
• 34:02
  Speaker 5: duomer if they're like, well, hey, maybe we should adjust
• 34:05
  Speaker 5: in a way that makes more sense. Maybe we shouldn't
• 34:07
  Speaker 5: ban all states from regulating AI. You would called a
• 34:11
  Speaker 5: doomer a year ago if you were opposing that. I mean,
• 34:14
  Speaker 5: think about it. Basically, Now it's a consensus position that
• 34:16
  Speaker 5: that was insane and was an industry handout, which is
• 34:20
  Speaker 5: why ultimately it got defeated. But at the time that
• 34:24
  Speaker 5: was a real claim coming from people in the industry,
• 34:27
  Speaker 5: is that you are a doomer if you don't want this.
• 34:29
  Speaker 5: It was like a ted cruise provision in the big
• 34:31
  Speaker 5: beautiful Bill. And think of just a year's time, how
• 34:36
  Speaker 5: the Overton window has shifted on that debate. It's a
• 34:39
  Speaker 5: basically a consensus position now that it would be insane
• 34:41
  Speaker 5: to ban states from their own AI regulation for good reason,
• 34:45
  Speaker 5: and so anyway, all that is to say is there's
• 34:49
  Speaker 5: a process of implementing things that you can learn from history,
• 34:51
  Speaker 5: even if we accept that this is an inevitability. And
• 34:53
  Speaker 5: then the I think kind of ridiculous question of whether
• 34:57
  Speaker 5: or not we're beating China, which nobody can define. Literally,
• 35:00
  Speaker 5: nobody can define what it means to beat China, right
• 35:03
  Speaker 5: AI that this is kind of a meaningless thing to say.
• 35:05
  Speaker 5: You're going to talk about this later in the show,
• 35:06
  Speaker 5: and we actually can put E four up on the screen.
• 35:09
  Speaker 5: This is a piece from Axios China's AI advances collide
• 35:12
  Speaker 5: with US safety debate. One of the biggest unknowns in
• 35:15
  Speaker 5: AI security is also one of the most consequential Axios
• 35:18
  Speaker 5: rights China's progress toward frontier AI models. A new Chinese
• 35:23
  Speaker 5: open source model, GLM five point two rock the Internet
• 35:26
  Speaker 5: this weekend with its ability to match the eugenic capabilities
• 35:28
  Speaker 5: of models like anthropics Opus four point eight, guarding praise
• 35:31
  Speaker 5: from Silicon Valley elites and raising questions about just how
• 35:33
  Speaker 5: quickly China will close the gap. And this comes Acxious
• 35:37
  Speaker 5: points out as the Trump admin is still debating the
• 35:39
  Speaker 5: best way to release Fable five and Methos five models.
• 35:42
  Speaker 5: From anthropic over safety and national security concerns, and again
• 35:45
  Speaker 5: it just gets back to crystal. Nobody is well, some
• 35:48
  Speaker 5: people probably would say block all of the models, moratorium
• 35:52
  Speaker 5: something like that. It's not what most people are saying.
• 35:54
  Speaker 5: Most people are saying, you can't destroy society for this
• 36:00
  Speaker 5: abstract goal of beating China, like literally whatever that means,
• 36:03
  Speaker 5: and whatever you could possibly do to even prevent it
• 36:06
  Speaker 5: at this point.
• 36:06
  Speaker 2: Yeah, well, and this is the talking point that you
• 36:08
  Speaker 2: hear from the biggest AI hyper scale boosters that everything
• 36:13
  Speaker 2: is justified because of China, right, And it's always left,
• 36:17
  Speaker 2: this threat is always left very ambiguous because you know,
• 36:20
  Speaker 2: it's meant to be it's meant to just be scary.
• 36:22
  Speaker 4: Oh my god.
• 36:23
  Speaker 5: You know.
• 36:23
  Speaker 4: Kevin Leary, I'm going to.
• 36:24
  Speaker 2: Talk about it a minute, was saying like they're gonna
• 36:26
  Speaker 2: be telling your kids, we'll eat from breakfast, and like,
• 36:28
  Speaker 2: I don't think they actually care what my kids for breakfast.
• 36:31
  Speaker 2: I need no evidence of that in any case. But
• 36:35
  Speaker 2: I will say on the economic front, I think China
• 36:38
  Speaker 2: poses quite a threat to anthropic and open AI and
• 36:42
  Speaker 2: to all of the American to GROCK, to all of
• 36:46
  Speaker 2: the American you know, frontier AI models, and we can
• 36:50
  Speaker 2: put you know, in E four they talk about the
• 36:53
  Speaker 2: fact that you have a new Chinese release that is
• 36:56
  Speaker 2: matching the agentic capabilities of the foremost American AI models.
• 37:03
  Speaker 2: So this new Chinese open source model GLM five point
• 37:06
  Speaker 2: two rocked the internet this weekend with its ability to
• 37:09
  Speaker 2: match the agentic capabilities models like Anthropics Opus four point eight,
• 37:12
  Speaker 2: garnering praise from Silicon Valley elites and raising questions about
• 37:15
  Speaker 2: just how quickly China will close the gap. We showed
• 37:19
  Speaker 2: you before on this show a chart that of companies
• 37:23
  Speaker 2: that use AI in their businesses startups in particular, they
• 37:27
  Speaker 2: overwhelmingly use Chinese models. Not because they're maybe the best
• 37:31
  Speaker 2: of the best, although they are pretty darn close, and
• 37:33
  Speaker 2: even David's ax admits that they're probably six months behind
• 37:37
  Speaker 2: maybe the leading models here, so that is a tiny
• 37:39
  Speaker 2: difference at this point, but because they are way cheaper
• 37:43
  Speaker 2: and they're complete, you know, they're open source, so they're
• 37:46
  Speaker 2: completely accessible, and they are vastly cheaper to build and
• 37:50
  Speaker 2: then also to run. So when you have that kind
• 37:53
  Speaker 2: of an advantage in terms of the economics, how is
• 37:58
  Speaker 2: anthropic how are open AI to compete with that? That
• 38:01
  Speaker 2: seems increasingly like the most likely, in my layman's view,
• 38:07
  Speaker 2: the most likely way the bubble is going to pop
• 38:09
  Speaker 2: is going to be from this realization of like, oh,
• 38:12
  Speaker 2: most companies don't need the very very very best of
• 38:15
  Speaker 2: the best AI. They can settle for the one that
• 38:17
  Speaker 2: is a few months for now behind, but is way
• 38:22
  Speaker 2: cheaper than the frontier models, and so that, you know,
• 38:26
  Speaker 2: really changes your multi trillion dollar valuations or whatever these
• 38:31
  Speaker 2: companies are garnering. That really puts a major dent in
• 38:34
  Speaker 2: those to be to be. I guess kind I.
• 38:37
  Speaker 5: Mentioned this on the show a couple of weeks ago,
• 38:39
  Speaker 5: but I was asking Senator Rick Scott, Republican of Florida
• 38:42
  Speaker 5: about this during like a pen and pad conversation recently,
• 38:45
  Speaker 5: and like about that question of whether we find ourselves
• 38:48
  Speaker 5: in a trap, and he didn't seem to really want
• 38:51
  Speaker 5: to give an explicit answer to that, but he was
• 38:53
  Speaker 5: basically saying that some of these investments are like what
• 38:56
  Speaker 5: I read into it is, some of these investments are
• 38:58
  Speaker 5: absolutely ridiculous, wildly overvalid. He was talking about SpaceX, for example,
• 39:02
  Speaker 5: and he was like, look at the cash flow versus
• 39:04
  Speaker 5: the that's a Republican senator a Republican senator saying that,
• 39:09
  Speaker 5: like a Trump friendly Republican senator about the administration's policy,
• 39:15
  Speaker 5: I asked specifically about Trump bear hugging the AI industry,
• 39:19
  Speaker 5: and I think that's probably why I didn't get a
• 39:21
  Speaker 5: more direct answer. But that to me was like actually
• 39:24
  Speaker 5: very frightening to say, this is the administration, you're friendly
• 39:28
  Speaker 5: to bear hugging the AI industry, and then to have
• 39:31
  Speaker 5: some like, yeah, these valuations are pretty like they look
• 39:35
  Speaker 5: really sugary. Yeah.
• 39:36
  Speaker 2: Well, and so that's on the economic the bubble front.
• 39:41
  Speaker 2: Let's put E five up on the screen. So even
• 39:46
  Speaker 2: the Trump administration, which is very famously no holds barred
• 39:50
  Speaker 2: off to the races, anything goes in terms of AI development,
• 39:53
  Speaker 2: is getting a little nervous about where these models are
• 39:56
  Speaker 2: at this point, what the potential impact could be. So
• 39:58
  Speaker 2: we covered before their limit tation of anthropicsatest model Mythos
• 40:03
  Speaker 2: and Fable, which was like the version that was supposed
• 40:06
  Speaker 2: to be safe and have the guardrails put on. They're
• 40:09
  Speaker 2: now also limiting the release of open Ayes latest model,
• 40:13
  Speaker 2: at least for now, GBT five point six only in
• 40:15
  Speaker 2: a limited preview to a small group of partners. The
• 40:18
  Speaker 2: government themselves is personally picking and choosing who gets access
• 40:24
  Speaker 2: to this latest model. This person opines as a de
• 40:27
  Speaker 2: facto licensing regime. This is happening, So in terms of
• 40:31
  Speaker 2: the capabilities, the Trump administration is getting nerves. We also
• 40:35
  Speaker 2: have an update on the Anthropic front. We can put
• 40:37
  Speaker 2: E six up on the screen. They have struck a
• 40:39
  Speaker 2: deal with Anthropic grants the company permission to release its
• 40:43
  Speaker 2: Mythos five model to a group of about one hundred
• 40:45
  Speaker 2: companies and federal agencies. So again similar dynamic with the
• 40:50
  Speaker 2: government stepping in and saying okay, we will approve who
• 40:53
  Speaker 2: gets access to this. Senior Anthropic staffers could be ce
• 40:57
  Speaker 2: letter rights to FLU to DC to meet with members
• 40:59
  Speaker 2: of the tr Trump Admin, Anthropics ceter earlier this month
• 41:01
  Speaker 2: that disabled access to Fable five and mid Those five
• 41:04
  Speaker 2: to comply with an export control directive. Trump admin and
• 41:07
  Speaker 2: Thropic have been in a two week long standoff over
• 41:09
  Speaker 2: its latest models. Deal will have industry wide implications, So
• 41:13
  Speaker 2: you know, look to be fair to this administration. When
• 41:16
  Speaker 2: they slapped this onto Anthropic, it looks very political because
• 41:21
  Speaker 2: they've been in these fights, especially with at the Department
• 41:23
  Speaker 2: of War with Anthropic. Now that they're doing the same
• 41:26
  Speaker 2: thing to open AI. I think you have to say, like, okay,
• 41:29
  Speaker 2: well they are genuinely concerned, yeah about the safety considerations
• 41:33
  Speaker 2: here of these bleeding edge models.
• 41:35
  Speaker 5: Yeah, as they should be. And it did. You're right,
• 41:37
  Speaker 5: it did. The Pentagon thing, reporting from inside of the
• 41:39
  Speaker 5: Pentagon made it sound really political. But even if it
• 41:42
  Speaker 5: was political at the time, I was thinking, actually, this
• 41:45
  Speaker 5: is not that easy or clear cut of a decision
• 41:48
  Speaker 5: on their behalf, Like there's a It almost gets into
• 41:51
  Speaker 5: the question of have we seen conservatives and we have
• 41:54
  Speaker 5: seen a couple of candidates flirt with the Bernie Sanders
• 41:57
  Speaker 5: idea of data center moratoriums and starting to really crack
• 42:01
  Speaker 5: down and have a more concerted industrial policy on all
• 42:05
  Speaker 5: of this, which again gets you smeared and stigmatized as
• 42:09
  Speaker 5: a doomer in politics and in the Silicon Valley. But
• 42:13
  Speaker 5: it's not the easiest, Like, even if you are a
• 42:15
  Speaker 5: pro accelerationist type person, an EAC person, when you're looking
• 42:20
  Speaker 5: internally at the security questions from the vantage point of
• 42:23
  Speaker 5: the Pentagon, those questions get really complicated for obvious reasons.
• 42:28
  Speaker 2: Yeah, that's absolutely right. All right, Well, let's talk about
• 42:31
  Speaker 2: this idea that China is behind any opposition to what's
• 42:34
  Speaker 2: going on. If you see an American who believes that
• 42:38
  Speaker 2: maybe we should slow down the data center construction, maybe
• 42:40
  Speaker 2: we should have a democratic check on this AI development,
• 42:44
  Speaker 2: you need to ask them who is paying them.
• 42:45
  Speaker 4: According to Kevin.
• 42:46
  Speaker 2: O'Leary, Kevin O'Leary is eating crow after wildly accusing activists
• 42:54
  Speaker 2: opposing his hyper scale Utah based data center of being
• 42:58
  Speaker 2: backed by the OsO scary Chinese in a number of
• 43:01
  Speaker 2: media appearances on Fox News and also with Tucker Carlson,
• 43:04
  Speaker 2: Kevin O'Leary claimed his data guys they had dug into
• 43:08
  Speaker 2: the social media opposition his big Utah data center, and
• 43:10
  Speaker 2: they uncovered smoking gun definitive proof that this opposition was
• 43:15
  Speaker 2: being funded by the scary Chinese Communist Party. He could
• 43:18
  Speaker 2: not possibly conceive of Americans organically opposing his energy price spiking,
• 43:24
  Speaker 2: water sucking, noise polluting data center. Such sentiments must have
• 43:28
  Speaker 2: been invented by China or maybe even possibly Cuba, but
• 43:31
  Speaker 2: definitely not Republican voters in rural Utah. One of the
• 43:36
  Speaker 2: groups that he accused, Elevates Strategies, had a lot of
• 43:38
  Speaker 2: fun with these baseless accusations.
• 43:41
  Speaker 7: Elevates Strategies. Also a cell operating inside of Utah. Gabby
• 43:45
  Speaker 7: Finlish said, Gabby, what are you doing and who's paying you?
• 43:48
  Speaker 5: Well? Hi, Hello, it's me Gabby Finlayson. What am I doing?
• 43:52
  Speaker 11: Fairly, we've reached the part of the Strata's data center
• 43:55
  Speaker 11: journey where Kevin O'Leary goes on National Fox News. Do
• 43:58
  Speaker 11: you accuse us of being a sells for the Chinese
• 44:01
  Speaker 11: Communist Party?
• 44:02
  Speaker 7: Yeah, because at the end of the day, who would
• 44:04
  Speaker 7: want us to stop building our electrical grid? Which adversary
• 44:08
  Speaker 7: would want that? There's only one, It's China. So what
• 44:11
  Speaker 7: I think is happening? And I got my guys to
• 44:13
  Speaker 7: go a deep dig into the IP addresses and here's
• 44:15
  Speaker 7: what we found out.
• 44:16
  Speaker 5: This is fascinating.
• 44:17
  Speaker 7: We found two cells inside of Utah Elevates Strategy. Gabby finlissen, Gabby,
• 44:22
  Speaker 7: what are you doing and who's paying you? So what
• 44:25
  Speaker 7: I'm doing right now is, after getting this data, I'm
• 44:27
  Speaker 7: calling out Gabby operating in Utah.
• 44:29
  Speaker 4: So Hi, Kevin, we are Elevate Strategies.
• 44:32
  Speaker 5: This is Utah.
• 44:33
  Speaker 11: You might not know it because you're from Canada, is
• 44:35
  Speaker 11: where we live.
• 44:36
  Speaker 5: Before we're going to do anything too serious.
• 44:37
  Speaker 11: This is the very scary, very intimidating man that is
• 44:40
  Speaker 11: threatening us. We are not taking the criticism of anyone
• 44:43
  Speaker 11: who is wearing flip flops and a suit on national television.
• 44:47
  Speaker 11: You know, it's not every day you get called out
• 44:49
  Speaker 11: by first and last name on Fox News by a
• 44:51
  Speaker 11: Canadian billionaire trying to ruin my state.
• 44:54
  Speaker 2: Well, Kevin has in a sense won the war. It
• 44:56
  Speaker 2: looks like his data center is going in after the
• 44:59
  Speaker 2: Box Elder County Mission voted three to zero to clear
• 45:01
  Speaker 2: the local regulatory hurdles. But at the very least, these
• 45:05
  Speaker 2: ladies and the others Kevin baselessly smeared are getting a
• 45:07
  Speaker 2: little bit of satisfaction this week, as he had to
• 45:10
  Speaker 2: fully retract his claims and Fox News had to issue
• 45:13
  Speaker 2: multiple on air corrections.
• 45:16
  Speaker 12: Kevin O'Leary appeared as a guest on this program back
• 45:19
  Speaker 12: on May eleventh and discussed the ongoing controversy surrounding his
• 45:23
  Speaker 12: planned data center project in Utah. Now he made certain
• 45:26
  Speaker 12: claims relating to the opponents of that project. Mister O'Leary
• 45:30
  Speaker 12: has now corrected the record and explained that he has
• 45:32
  Speaker 12: no evidence that the Alliance for a Better Utah elevates
• 45:36
  Speaker 12: strategies Josh Kanter, Taylor Kanuth, or Gabrielle Finlayson are funded
• 45:41
  Speaker 12: by China or the Chinese Communist Party.
• 45:44
  Speaker 5: Fox News Media is.
• 45:45
  Speaker 12: Likely likewise aware of no evidence that they are funded by,
• 45:49
  Speaker 12: or acting at the direction of, or in coordination with,
• 45:52
  Speaker 12: Chinese interests in opposing Kevin O'Leary's projects. Fox News Media
• 45:56
  Speaker 12: apologizes for the error We'll be right.
• 45:59
  Speaker 2: Back feeling when the lawyer call hits. But this Kevin
• 46:02
  Speaker 2: O'Leary back data Center is leaving its mark not only
• 46:05
  Speaker 2: on Fox News programming, but on the entire political landscape
• 46:08
  Speaker 2: of Utah. In a series of shocking upsets, two of
• 46:12
  Speaker 2: those Box Elder County commissioners who okayed the data center
• 46:15
  Speaker 2: over the fear subjections of their constituents have now been
• 46:19
  Speaker 2: tossed from office.
• 46:20
  Speaker 4: The third one was not on the ballot.
• 46:22
  Speaker 2: One of those losing incumbents told the Salt Lake Tribune quote,
• 46:25
  Speaker 2: do I think that the data center vote cost me
• 46:27
  Speaker 2: the election?
• 46:28
  Speaker 4: Yes?
• 46:28
  Speaker 8: I do.
• 46:29
  Speaker 4: Would I do anything different? I would not.
• 46:31
  Speaker 2: Vote differently, but I would push back against the state
• 46:34
  Speaker 2: and make them come out publicly and tell everybody why
• 46:37
  Speaker 2: they're forcing it down.
• 46:38
  Speaker 4: Our throat.
• 46:39
  Speaker 2: So apparently even the guys who voted this thing through
• 46:42
  Speaker 2: in the County Commission are not feeling too enthusiastic about
• 46:44
  Speaker 2: the project at this point. The real political earthquake for
• 46:48
  Speaker 2: the state, though, came from the loss of the president
• 46:50
  Speaker 2: of the state Senate, guy by the name of j.
• 46:53
  Speaker 2: Stewart Adams, was tossed down in favor of a political newcomer,
• 46:57
  Speaker 2: largely over his role in pushing the so called Stratos
• 47:00
  Speaker 2: data center. Adams was one of the longest serving politicians
• 47:04
  Speaker 2: in the state and also one of the most powerful.
• 47:06
  Speaker 2: He became the focus of anti data center iire for
• 47:09
  Speaker 2: his role as chairman of a state commission that greenlit
• 47:12
  Speaker 2: that installation to begin with. Now, sometimes it's easy to
• 47:15
  Speaker 2: project your national political lens onto a local race and
• 47:18
  Speaker 2: miss some other local dynamics that played a larger role,
• 47:20
  Speaker 2: but that does not appear to be the case here.
• 47:22
  Speaker 2: Adam's chief opponent a former university lawyer that they attempted
• 47:25
  Speaker 2: to brand as a DEI lawyer.
• 47:27
  Speaker 4: She was very explicit that.
• 47:29
  Speaker 2: Much of the energy for her campaign came from this
• 47:31
  Speaker 2: data center opposition. Here's how Local News framed the focus
• 47:35
  Speaker 2: of one of their candidate forums.
• 47:37
  Speaker 13: The Stratos Data Center in Boxelder County is dominating a
• 47:41
  Speaker 13: high profile Utah Senate race. Senate President Stuart Adams is
• 47:45
  Speaker 13: being challenged by fellow Republicans Braden hess and Stephanie Hollist,
• 47:49
  Speaker 13: all of them asked at this forum about their vision
• 47:52
  Speaker 13: for the state's water policy.
• 47:54
  Speaker 11: I might start by not proposing the largest data center
• 47:58
  Speaker 11: in the country.
• 48:00
  Speaker 13: Hollis repeatedly criticized the data center being pushed by celebrity
• 48:05
  Speaker 13: businessman Kevin O'Leary. Adams has helped move the project along
• 48:09
  Speaker 13: as chair of the state's Military Installation Development Authority or MIDA.
• 48:15
  Speaker 5: The people spoke, we need clarity, so I pushed back.
• 48:19
  Speaker 13: Adams recently softened his public support of the project, pushing
• 48:23
  Speaker 13: the developer to reduce its size and make other changes.
• 48:27
  Speaker 5: Try to listen.
• 48:27
  Speaker 7: I think we're getting We're actually got a better project.
• 48:30
  Speaker 5: Because of that.
• 48:31
  Speaker 13: Has told this crowd the government shouldn't treat data centers
• 48:34
  Speaker 13: differently than any other business.
• 48:37
  Speaker 14: As long as they are not harming society and our
• 48:41
  Speaker 14: resources in measurable ways, I think we should allow them
• 48:44
  Speaker 14: to go forward.
• 48:45
  Speaker 13: But to this audience, the data center is a non starter.
• 48:48
  Speaker 15: When you talk about a project that's going to sap
• 48:50
  Speaker 15: tax dollars away from residents, that's going to take water,
• 48:54
  Speaker 15: that's going to endanger our way of life, or because
• 48:57
  Speaker 15: it's all a red flag, it's all feels pretty dangerous
• 49:00
  Speaker 15: for where we're at right now.
• 49:02
  Speaker 2: It is no accident that the one candidate you heard
• 49:04
  Speaker 2: there who was clear in her opposition to this data center,
• 49:07
  Speaker 2: won the day. And I will remind you this is
• 49:10
  Speaker 2: a Republican primary in Utah. This is also not an
• 49:13
  Speaker 2: isolated political phenomenon either. NBC News recently spoke with a
• 49:16
  Speaker 2: diehard Trump voter set to vote tallar Ico over Paxton
• 49:20
  Speaker 2: in Texas solely over her disgust at data centers.
• 49:25
  Speaker 16: Quarter mile away. Cheryl Shadden says, the noise is as
• 49:28
  Speaker 16: loud as ever.
• 49:29
  Speaker 14: It's like living on the edge of Niagara Falls, or
• 49:32
  Speaker 14: you're on a runway next to a jet that's taking off,
• 49:35
  Speaker 14: but this jet doesn't take.
• 49:36
  Speaker 16: Off morning, noon, night. She even hears it in her bedroom,
• 49:39
  Speaker 16: and it's changed everything about how she lives her life,
• 49:42
  Speaker 16: including her politics.
• 49:44
  Speaker 5: Red or blue.
• 49:45
  Speaker 14: If you vote against data centers, we vote for you.
• 49:48
  Speaker 16: A lifelong conservative, she's so angry she refuses to vote
• 49:51
  Speaker 16: for Trump backed Attorney General Ken Paxton, who clinched the
• 49:55
  Speaker 16: GOP nomination for Senate Tuesday. Instead, she's all in for
• 49:59
  Speaker 16: James Tallerika, a Democrat seeking to flip a seat controlled
• 50:02
  Speaker 16: by Republicans since nineteen ninety three. You're willing at this
• 50:07
  Speaker 16: point to forego basically every conservative issue and let the
• 50:14
  Speaker 16: Senate fall into the hands of Democrats if that's what
• 50:16
  Speaker 16: it takes to kill data centers.
• 50:18
  Speaker 11: Yep.
• 50:18
  Speaker 14: My entire community is going to break rank. Everybody, all
• 50:22
  Speaker 14: of us.
• 50:22
  Speaker 16: We've had enough breaking rank and coming together.
• 50:26
  Speaker 4: My entire community is going to break rank.
• 50:29
  Speaker 2: Not just there in Tennessee HBCU Fisk University, they are
• 50:33
  Speaker 2: facing massive backlash over a plan they announced to build
• 50:36
  Speaker 2: a data center right on the campus. Also in Tennessee,
• 50:39
  Speaker 2: another planned data center near the Nashville Zoo has led
• 50:42
  Speaker 2: to a political freak ount among elected Democrats and Republicans,
• 50:45
  Speaker 2: some of who have come together to oppose that build
• 50:48
  Speaker 2: in hopes of avoiding the political fate of.
• 50:50
  Speaker 4: Their Utah compatriots here.
• 50:52
  Speaker 2: Presumably, the more Americans learn about the immediate impact of
• 50:55
  Speaker 2: data centers on communities, and the more they learn about
• 50:58
  Speaker 2: the ai that the data centers are to support, the
• 51:01
  Speaker 2: more adamant they grow in their opposition. Bipartisan data center
• 51:05
  Speaker 2: Nindiism apparently is our first line of defense against the
• 51:08
  Speaker 2: AI fueled tech oligarch global takeover. And that really is
• 51:13
  Speaker 2: how I see it, Emily, that like, the data centers
• 51:16
  Speaker 2: are this very important locus of organizing around opposition to
• 51:21
  Speaker 2: the broader AI project, and it truly is bipartisan. You know,
• 51:26
  Speaker 2: I think polls show Democrats are a little bit more
• 51:28
  Speaker 2: imposed and independence than Republicans, but you can see clearly
• 51:32
  Speaker 2: by what's going on in Utah there's a lot of
• 51:34
  Speaker 2: Republican opposition as well, and this really is a coalition
• 51:37
  Speaker 2: that is up for grabs at this point.
• 51:38
  Speaker 5: It's fascinating because in the last couple of weeks I've
• 51:40
  Speaker 5: started to see people THEO von Klipp, for example, went
• 51:43
  Speaker 5: viral of him being like you probably saw them, yes,
• 51:45
  Speaker 5: Like wow, what do we you know all these data
• 51:46
  Speaker 5: centers for and some of the accelerations. People were quote
• 51:50
  Speaker 5: tweeting him and being like, bro, how do you think
• 51:52
  Speaker 5: people are watching your podcast? Like we use so much
• 51:55
  Speaker 5: data because of I mean, first of all, a lot
• 51:58
  Speaker 5: of that is coming from just AI, not just podcasting
• 52:01
  Speaker 5: for the record, but secondly.
• 52:03
  Speaker 4: Very convenient thing for us to say it is also true.
• 52:06
  Speaker 5: It's true. But I think this is this tension is
• 52:08
  Speaker 5: actually really important because they think this is a dunk
• 52:11
  Speaker 5: and an own on the average person, who is like, well,
• 52:14
  Speaker 5: what do we need all of this for? But the
• 52:16
  Speaker 5: tension is real because a lot of people are now
• 52:19
  Speaker 5: looking around and being like, well, we have adopted to
• 52:21
  Speaker 5: these lifestyles that maybe we actually don't even agree with, right,
• 52:25
  Speaker 5: Like there's a fundamental question happening, which is why do
• 52:29
  Speaker 5: we need to use this much internet? Like do we?
• 52:33
  Speaker 5: And now you're going to like, if it's a choice
• 52:35
  Speaker 5: between if you're gonna put this choice between me living
• 52:38
  Speaker 5: next to this plane that never takes off, which was
• 52:40
  Speaker 5: a beautiful quote from that woman, Yeah, and cutting back
• 52:44
  Speaker 5: on large language model usage, which if you're like sixty
• 52:48
  Speaker 5: five years old, maybe you're not even using to begin with.
• 52:52
  Speaker 5: That choice is going to be actually increasingly clear. And
• 52:54
  Speaker 5: the people like Kevin O'Leary, who I think, I mean,
• 52:58
  Speaker 5: if it's cynical, it was really pathetic. But I think
• 53:00
  Speaker 5: think he sincerely had people telling him this is all China.
• 53:03
  Speaker 5: It's all China, and he really thought it because shows
• 53:06
  Speaker 5: you how ountouched exactly because if you go back to
• 53:08
  Speaker 5: his Tucker Carlson interview, he was hyping up these like
• 53:11
  Speaker 5: this research that he found about all of it coming
• 53:14
  Speaker 5: from China, and we covered here. Open Ai put out
• 53:17
  Speaker 5: a survey that was covered by the industry as like
• 53:20
  Speaker 5: damning proof of Chinese ops whipping up opposition to data centers,
• 53:25
  Speaker 5: and it actually came out and said in the like
• 53:27
  Speaker 5: fine print towards the second page or something of the study, well,
• 53:31
  Speaker 5: you know, this didn't have much effect. The posts that
• 53:33
  Speaker 5: the Chinese operatives were planting on social media were barely
• 53:36
  Speaker 5: seen by many people, and it's like they pulled the
• 53:39
  Speaker 5: headline from that and they were like, China is whipping
• 53:41
  Speaker 5: up opposition. It's like, no, No, China might be trying
• 53:44
  Speaker 5: to whip up opposition, but it's not really being effective.
• 53:48
  Speaker 5: It reminds me so much of twenty seventeen.
• 53:49
  Speaker 4: Like Russia Corrush, like the memes.
• 53:51
  Speaker 5: Yeah, it's so similar to that, and it's just a
• 53:55
  Speaker 5: way to kind of either stigmatize people into suppressing their
• 53:58
  Speaker 5: voices or the argument completely because you're just making them
• 54:02
  Speaker 5: so much angrier about what you're doing to their communities
• 54:05
  Speaker 5: by not meeting them where they are and hearing their
• 54:08
  Speaker 5: honest and sincere concerns with this, some of which aren't
• 54:10
  Speaker 5: even what you think. You think, Oh, this is a
• 54:12
  Speaker 5: big slam dunk own. You don't want your data, you
• 54:15
  Speaker 5: don't want more data. What are you talking about. We
• 54:17
  Speaker 5: need all this data for these lms. And that's what
• 54:19
  Speaker 5: they're not getting, is that people are actually now reckoning
• 54:22
  Speaker 5: with whether we do need to live like that.
• 54:24
  Speaker 2: Well, the Utah State Senate president losing in this fashion
• 54:29
  Speaker 2: should be I hope politicians are paying attention because it
• 54:32
  Speaker 2: should be a wake up call. One of the most
• 54:35
  Speaker 2: powerful politicians in the state.
• 54:37
  Speaker 4: He faced.
• 54:38
  Speaker 2: You know, they thought he would pull through because he
• 54:40
  Speaker 2: had a divided opposition. You had two candidates opposing him, right,
• 54:43
  Speaker 2: but because the oppositions data.
• 54:45
  Speaker 4: Center was so strong.
• 54:47
  Speaker 2: There were some other issues with him as well, but
• 54:48
  Speaker 2: this genuinely was the primary complaint about him at this point.
• 54:52
  Speaker 4: It was enough to topple him.
• 54:54
  Speaker 2: Long time incumbent political newcomer comes in just kind of
• 54:57
  Speaker 2: lib coded in a very conservative state.
• 55:00
  Speaker 4: They tried to tie her.
• 55:02
  Speaker 2: I read her website and she had this FAQ that
• 55:05
  Speaker 2: was like people say that you're backed by George Soros,
• 55:08
  Speaker 2: and like I'm not backed by George. People say you're
• 55:11
  Speaker 2: a Dei lawyer. I'm not a Dei lawyer. But in
• 55:13
  Speaker 2: any case, that was trying how they were trying to
• 55:15
  Speaker 2: defeat ers, like look at this Dei lib.
• 55:17
  Speaker 4: You don't want this for you jab.
• 55:19
  Speaker 2: Obviously it failed because the concern over the data center
• 55:21
  Speaker 2: was greater than the fear mongering about whatever her ideological
• 55:24
  Speaker 2: leanings are.
• 55:25
  Speaker 5: They tried to do the many people are saying.
• 55:26
  Speaker 4: Many people are saying, yes, Trump move, Many people are saying.
• 55:31
  Speaker 2: All right, guys, that does it for us today Again,
• 55:33
  Speaker 2: go sign up for the newsletter, the free version, the
• 55:35
  Speaker 2: premium version, whatever you want to do.
• 55:37
  Speaker 4: Breakingpoints dot com.
• 55:38
  Speaker 2: Thank you for the feedback, Thank you as always for
• 55:40
  Speaker 2: your support. And there will be big election results to
• 55:43
  Speaker 2: cover tomorrow, and of course we have Emily will do
• 55:46
  Speaker 2: a great job.
• 55:46
  Speaker 4: But we're very lucky to have Rye Rent pays very
• 55:48
  Speaker 4: close attention the squad.
• 55:50
  Speaker 2: It's like the guy, yeah for these sorts of things.
• 55:53
  Speaker 2: So I will be watching with great interest personally.
• 55:55
  Speaker 5: Yeah, it's gonna be fun. So we'll be here. We'll
• 55:56
  Speaker 5: see you. Then, make sure you sign up for the
• 55:57
  Speaker 5: newsletter breakingpoints dot com. Have a great day, everyone, HM,