Apple has bought back, let this sink in, $700 billion worth of shares over the past decade. And the most innovative product in my mind that they've released in that time are AirPods, maybe their M4 chips, this user uh on Twitter, Charlie Blo, oh, you know him. Uh he tweeted this crazy chart here.We'll pull it up. Here it is. Uh, Apple buyback start.Apple shares outstanding. You get the picture. They've bought back almost a trillion dollar.Let that sink in. A trillion dollars. It's at 700 billion now. And it ...

a genius who may hold the cards of our future. >> CEO of Google DeepMind, which is the engine of the company's artificial intelligence. >> After his Nobel and a nighthood from King Charles, he became a pioneer of artificial intelligence.>> We were the first ones to start doing it seriously in the modern era. Alph Go was the big watershed moment, I think, not just for Deep Mind at my company, but for AI in general. AI is an amazing technology because it can be applied to almost anything.This was always my ai ...

question for you. We've seen a centralization of authority in the federal government and we're sitting here talking about, hey, central government plus capitalism doesn't work as well as rule of law. Do you worry sometimes, hey, Biden wanted to use executive orders to do the student loan thing and you know, Trump obviously has taken tariffs and there's a big question, maybe the tariffs are, my understanding is they're supposed to reside with Congress and there's a lawsuit about that.Maybe that goes back to ...

Economic Concerns & Political Landscape - Public dissatisfaction stems from government overspending and concerns about Medicare/Medicaid cuts [1][2] - Wage stagnation and increased costs of living, including groceries and rent, are widely felt [3][4] - There's a concern that nearly half of Americans are directly or indirectly employed by the government, leading to inefficient capital allocation and inflation [4] - Potential for a socialist movement is feared, especially if economic conditions worsen, making promises of "free" services appealing [2][6][7] Energy & Subsidies - Solar energy has seen hyperbolic growth and cost reduction due to incentives [4] - Removing incentives can lead to a decrease in energy generation [4] - Subsidies for solar and wind may have disincentivized investment in nuclear technology, hindering the US from catching up in Gen 4 reactor development [5] - Bureaucracy and regulation are significant obstacles for nuclear power development, not just cost per kilowatt hour [4] - Private sector investment in small modular reactors (SMRs) was catalyzed by hyperscalers' demand and government efforts to reduce bureaucracy [5] Policy & Market Impact - Government policies providing economic support can create a snowball effect, with failures leading to calls for more government intervention [11][12][13] - Potential policy failures could lead to increased taxation and regulatory burdens [13] - The public's trust in leadership and the current economic situation influences their willingness to accept government control and redistribution [5][6]

Sammy the Bull Altman dropped GPT5. It was a bit underwhelming. Sam did this tweet.It kind of built a lot of expectation that this would be like otherworldly. It wasn't. Are we hitting like either the trrow of despair or maybe diminishing returns in the LLM space where maybe it's feeling incremental, not groundbreaking when we release these iterations.Maybe for OpenAI, this is the first time that, you know, OpenAI has released a new model that was not decisively the best. In all fairness to OpenAI, the the ...

the man himself, CEO of YouTube. I didn't realize that when I took over the CEO gig, a big part of my job would be being a straight man for a lot of YouTubers out there. YouTube is now by far the biggest streamer in the world.Shorts, I think, has just surpassed 70 billion views a day. So, it's continuing to grow at an incredibly rapid pace. Mohan was one of the pioneers of internet advertising.I've been working with YouTube even before either I or YouTube were part of Google and keeping the world's largest ...

Economic Predictions - A prediction suggests socialism will sweep over the nation, potentially worse than previous issues [1] - Wage growth is stagnant, impacting people across income levels due to increased costs of groceries and home goods [1] - Rent increases annually while salaries remain stagnant, creating financial strain [1] Government Impact - Nearly half of Americans are employed directly or indirectly by the government [2] - Inefficient government allocation of capital contributes to inflation [2]

AI Development & Geopolitical Implications - The AI industry believes there is an "existential race" for humanity to win the AI race with China [1] - Deep Seek employees in China face restrictions, including being prohibited from being in the same room as Americans and having a CCP minder present [1] - Xi Jinping met with entrepreneurs, prioritizing manufacturers and Deep Seek, potentially deemphasizing social networks [2]

Apple has bought back, let this sink in, $700 billion worth of shares over the past decade. >> Maybe they should have spent 200 billion less and spent that on data centers and been like a real competitor in AI. And I just continue to be baffled, you know, and I think they're very comfortable being late to markets.You know, the iPhone was not the first smartphone, but I'm just shocked at their inaction and in aptitude and AI, how bad the products are from a user perspective. I mean, they're they're terrible. ...

(0:00) Bestie intros! Gavin Baker, Ben Shapiro, and Phil Deutch join the show (7:32) GPT-5 underwhelms, benchmark saturation, OpenAI's product excellence (18:14) AI's TAM, ROIC, and energy implications (27:27) China's major advantage and how the US can counter it (43:46) Political parties picking winners, energy subsidy reversal, how the bureaucratic branch was created and how to fix it (52:38) Socialism, OBBB impact on energy, does socialism in the US rely on Mamdani in NYC? (1:10:00) Tariffs update: $125B ...