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TBPN is a live tech talk show hosted by John Coogan and Jordi Hays, streaming weekdays from 11–2 PT on X and YouTube, with full episodes posted to Spotify immediately after airing.
Described by The New York Times as “Silicon Valley’s newest obsession,” TBPN has interviewed Mark Zuckerberg, Sam Altman, Mark Cuban, and Satya Nadella. Diet TBPN delivers the best moments from each episode in under 30 minutes.
We got bad news for you, and then we have good news. The bad news is John is not here with us today. He is under the weather. Yep. Keep him in your thoughts and prayers.
Speaker 1:We've never actually taken sick days ever. Normally when we're sick, we just keep going, but John is really down and out and we feel like a ship without a sail. Yeah. A lighthouse without a light. And we miss him dearly, but the show must go on.
Speaker 1:Have a great show.
Speaker 2:I got big shoes to fill, literally.
Speaker 1:Huge shoes to fill. John is wearing an entire... All of John's clothing. He put his clothes Trying to keep it together. But funny enough, this suit doesn't actually look as comical as one might think.
Speaker 1:I was hoping that it would look even more exaggerated. It kinda just looks like Yeah. A Not a workout related illness this time, just flu season. So stay safe out there. But big day today in technology.
Speaker 1:Of course, all the new vulnerabilities that we're finding out about, which are unfortunate. I was texting friends and family this morning trying to make sure that everyone outside of X is is well aware. But we have Nikesh Arora coming on in just thirty minutes from Palo Alto Networks. Yep. She's gonna break it down.
Speaker 1:Gonna break it Bless. Down for us. So, yeah. We'll we'll we'll cover a few things, but wait to get into a lot of it with him. And then we have Aiden Smith from Flapping Airplanes coming on.
Speaker 1:They have a new $800,000,000 round.
Speaker 2:And before I forget, let me tell you about Ramp. Time is money. Save both. Easy to use corporate cards, bill payments, accounting, and
Speaker 1:a whole lot more. You nailed it. You just missed the button. Yep. But we're working through it.
Speaker 1:Yeah.
Speaker 2:We're having some technical... There it is. There it is. Oh. Okay.
Speaker 2:It's gone. We're having some difficulties here.
Speaker 1:Yeah. Yeah. I'll figure it
Speaker 2:out as the show goes
Speaker 1:John makes it look so easy. Yeah. It's... Mean... Makes it look so easy.
Speaker 1:But it's an art form. Right?
Speaker 2:It truly is. Yeah.
Speaker 1:Truly is.
Speaker 2:You can't really... Some of the stuff, you can't even really be taught it. It's just kind of natural, I think.
Speaker 1:Totally. You're born with it. Yeah. Well, let's pull up this video of John shortly before coming down with an ailment.
Speaker 2:Wow.
Speaker 1:Season got started and he wasted no time clip farming.
Speaker 2:Majestic.
Speaker 1:I hope he's watching this. I think he's sleeping. Anyways, let's let's go into PHP land. Tyler, you wanna kick it off?
Speaker 2:Yeah. I mean, so PHP, obviously, like everyone knows, right, as you do, you know. Sorry. So so something like 70% of of all websites run on PHP. And, basically, there's this big vulnerability that was found in August, and now it's kind of coming out.
Speaker 2:There there's a patch coming out. It should be... I I think it may have just come out. It didn't come out immediately when the actual news of the vulnerability happened, but...
Speaker 1:Yeah. So this was discovered with 5.6
Speaker 2:Yep.
Speaker 1:Back in August. Yeah. And so for the last couple months, all the different companies involved have been trying to inform as many people as possible
Speaker 2:Yes.
Speaker 1:Trying to make sure that a lot of companies can get ahead of this before the disclosure. The big issue, I mean, my personal point of view is like you're probably gonna be fine using services from public companies, right?
Speaker 2:Yes. Companies
Speaker 1:that that would have been in the loop over the last couple months. Yep. The bigger issue is the rest of the Internet, websites that...
Speaker 2:Yeah. I think there's gonna be this this kind of long tail of people that, you know, maybe are not that online, but they... You know, they're running their own server from their, you know, local business that they've had up for twenty years or something. I think that that's a scenario that, like, is maybe a a little bit more scary where you you just, like, have to really stay stay up on this stuff to
Speaker 1:Yeah. I've been thinking about where? Like, all the different places that people have input private information, things like social security numbers, I'm thinking like Yeah. Old, even like local government websites, right? Yep.
Speaker 1:All these different things. Feels like we're very close to... Or effectively, it's unavoidable that a lot of this stuff is gonna leak out. So that's the bad news.
Speaker 2:Yeah. We've seen a lot of government websites, like, temporarily come down. I think Finland, they had some Internet services that that they, like...
Speaker 1:Just took offline.
Speaker 2:Yeah. Took offline. Netherlands, France, similar. But hopefully, you know, throughout the day, those will come back up because it seems like the the the main patch has has now
Speaker 3:come out.
Speaker 1:So... So the issue dubbed PHP two shell represents a class of problems in the way PHP manages a computer's memory. It can be exploited in many ways, some requiring just a few seconds by hackers who would use it to run unauthorized software on any unpatched web server. It is the most severe security issue that PHP has faced in more than a decade. According to Volker Du...
Speaker 1:Dash Douche, a security engineer with a nonprofit foundation that manages the PHP project, he likened it to Heartbleed, a similarly widespread vulnerability that forced a global race to protect hundreds of thousands of servers more than a decade ago. When security patches are released, it marks the starting shot in a race between defenders and hackers. Defenders have to test and install the software patches while hackers study the patches as a guide to find new vulnerabilities, looking to see what has changed and then devising ways of attacking those areas. But today's AI tools can do this work much quicker than any human, potentially making the process more risky, security experts say. Some dude on Twitter could take the patches and run AI against it and post some exploit script, Said Ty, the chief executive of Calif, the security company that first discovered the issue, all hell will break loose.
Speaker 1:Nothing. Nothing. Big bug. Ryan Austin, a researcher at Calif, uncovered the flaws with help from GBD 5.6 Soul, one of OpenAI's most advanced models from a couple months ago. During an audit of PHP source code in August, OpenAI funded that and other audits, part of an effort by AI companies to help open source projects address software vulnerabilities now being uncovered by AI systems.
Speaker 1:The class of bugs had been hiding in PHP source code for years. Security researcher had flagged it as a problem area decades earlier, but the flaw had been considered too difficult to exploit and was largely forgotten. AI found a way. Austin figured out how to control the code that was running in the computer's memory with as few as a few dozen requests to a server running PHP. On smaller system, the hack takes just seconds.
Speaker 1:On more complex one, it can take hours. On August 11, Dung called PHP's leadership, there's a serious issue here, he said. I had this moment of, oh, God, what are we doing now? Douche said, how do I communicate this? And then you calm down, you let the adrenaline flow through and you get to fixing.
Speaker 1:Soon an informal working group had formed among security researchers and software engineers. They collaborated with software distributors and security companies figuring out ways to patch PHP2 shell and prevent it from being exploited. Researchers from Google's Wiz Cybersecurity team soon reached out with new exploits, they had discovered independent of Calif. There were findings from OpenAI's research team. Two, AI is enabling well meaning security researchers to find thousands of software bugs, overwhelming projects like PHP with a flood of issues that need patching.
Speaker 1:But PHP2 shell was viewed as a priority and AI's proficiency at hacking prompted worries that criminals could exploit PHP two shell. We need to figure out how to... We need a nickname for that. It's getting a little long.
Speaker 2:On many web... Heartbleed, that other... Yeah. That that name goes hard. PHP two shell doesn't sound very scary.
Speaker 1:Yeah. Just sounds like some mumbo jumbo. Keeping the secret. PHP two shell is the most severe AI vulnerability that was ever found and one that was likely too complex to have been discovered without AI, said Ami Lutwak, Wizz's co founder. Dung and the other researchers kept its existence a closely guarded secret while they worked on fixes for fear that an AI aided hacker might find and exploit it before they were done.
Speaker 1:Really crazy that this was kept, like, a relative secret for this
Speaker 2:one. Yeah. Well, actually, I I think the original release of this was supposed to be tomorrow, and then details started to leak, I think, a day or two ago. And so Yeah. Actually
Speaker 1:did, like, right at
Speaker 2:the very end, it started to leak. But, yeah, for... While they were working on it, it is... It's great that they were able that they were able to kind of hold on to this.
Speaker 1:The patching effort was massive. There are close to 200 files being fixed, and developers wrote over 10,000 lines of code during the process. Should've called Gary Tan. He could've ripped that 10,000.
Speaker 2:G Stack could've done that In a day. Seconds. I mean In a day. Yeah.
Speaker 1:Maybe hours. Eventually, a patch was set October 22, then the inevitable happened. News of the patch leaked out Tuesday in a post in Hacker News fitting for it to go out on a site called Hacker News.
Speaker 2:Greg Brockman had a good post about this. One interesting kind of tidbit that people are pointing out, I can read it here, as vulnerability discovery ramps, we will need new defense solutions, potentially including authorized defenders such as government scanning the Internet for vulnerable hosts and either notifying or, in extreme cases, patching those systems remotely, which is very interesting. I mean, you can imagine some kind of service that basically they just whenever anything happens, they are, like, have some sort of, you know, right access into your systems and can update
Speaker 1:them. Yep. Prime Minister posted, we have an urgent request for everyone to take action regarding PHP, which is used on many websites. The PHP security team has issued a warning about two critical vulnerabilities. Please check if you have publicly available websites that use PHP and prepare to apply the fix patch that will be released tonight at 11PM Japan time.
Speaker 1:It is difficult to apply the fix promptly, temporarily suspending websites and similar measures can be considered an effective way to reduce risk. Levels.io reached out to a friend, he said, I notified a friend working at a big tech company about the PHP vulnerability as their entire infrastructure runs on PHP. He answered, Thanks, I'll try to patch it in a few days as I'm out of office now. And this is the modern tech company. Imagine the traditional companies running PHP.
Speaker 1:People won't update fast enough and the vulnerability will be out in the wild once the patch hits, as anyone can reverse engineer it based on the patch. Considering this, there's gonna be so many sites hacked and so much user data exposed, I think. So... Yeah. Not great.
Speaker 2:Wild times. I mean, we haven't covered this yet, but there's actually two probabilities. There's a second one from eMudra, which is basically the TLS certificates. Right? You know, that has the little lock on the browser.
Speaker 2:Some of them had, like, very trivial private keys. I think one of them was literally just number four. And so the... You know, for context, the private keys are supposed to be, I think, hundreds of digits long. These, like, you know, numbers and it's just number four.
Speaker 2:Not great. I...
Speaker 1:It is fascinating though that... But no one would expect number four. That's true. I I I
Speaker 2:I looked it up. I I think that had been, like, live for, like, a year and a half. And no one... Seemingly no one, like, really did anything with it. So maybe kind of a white pill, actually.
Speaker 1:Yeah. No one expects the number four. It's actually the smartest possible thing they could have done. Yeah. The most secure.
Speaker 1:OpenAI released a codex skill to help check whether your website is affected. They point your codex at a GitHub repo that was just created and it will guide you through it. So check that out or or use your favorite agent. Moving over to updates on Trevor Melton's new J. T.
Speaker 1:Startup. I don't even know if it should be called a startup just because the company's been around for decades at this point. But Yeah. A friend of the show, Preston Holland, was able to actually go to the event. I was quite bearish on on on this strategy.
Speaker 1:Trevor Milton's obviously been pardoned. He doesn't have a record anymore. He's free to do and build whatever he want. I just think the strategy... Yeah.
Speaker 1:So he
Speaker 2:did nothing wrong?
Speaker 1:I'm not gonna say that. Definitely not gonna say that. But he is... He's a free man. And, again, I I think the strategy of going into private aviation where you have super discerning buyers is just not probably a good business strategy.
Speaker 2:I I still think you can make some argument where, you know, there's some kind of stigma discount that you can get on the plane because, like, if other people are worried about buying from him, that's a buying opportunity for me. Right? Others are fearful. Buy when others are fearful. So I I think this could...
Speaker 2:You can... There's some argument here. I think it makes sense.
Speaker 1:I think that that's typically about investing, not, you know, relying on a on a machine for, you know...
Speaker 2:These are investments, you could say, in a way. Right?
Speaker 1:Yeah. Depends on how much you value your time versus your life. But anyways, Preston got a good picture at the launch. The wings of the plane were propped up by posts.
Speaker 2:So is that not normal?
Speaker 1:No. Maybe this is part of the innovation.
Speaker 2:Yeah. That's true.
Speaker 1:Yeah. Very... I I shouldn't say it's a huge surprise. Right? You would think that they'd have more confidence that the wings of the demo aircraft would be able to just support themselves.
Speaker 1:Right? Considering they're
Speaker 2:Yeah.
Speaker 1:Meant to support the entire plane in the air. But Yeah. Coming from the the push the truck down the hill guy, can't say I'm that surprised. The main complaint with the iPhone Duo, people are getting their hands on the iPhone Duo. There's some reviews coming out and, there seems to be a lot of complaints.
Speaker 1:The big one being app optimization. Let's pull up this image. If we can scroll down, you can see how apps that you might use frequently, like Instagram or Google Calendar or Spotify. This looks like a Rivian app. Also, Internet speed check.
Speaker 1:Anyways, not dialed yet. I do think that... I don't think this is necessarily gonna be a huge issue. I think this kind of thing will get fixed pretty quickly. Are you
Speaker 2:talking about the the big sidebar that's kind of Yeah. A lot of that.
Speaker 1:And so it's like, hey, we we made a phone whose entire value prop is that it's a bigger screen. And then as of right now, and again, I expect this to
Speaker 2:fixed.... Using the extra real estate. Yeah.
Speaker 1:The... Yeah. The the the core value prop is not being delivered on yet. Mark Gurman says the iPhone Duo reviews are some of the most brutal I've seen from an Apple product in a long time, vision pro aside, but I've been around long enough to remember the iPhone five, six plus, and iPhone X. The app optimization issue is a non issue and will be resolved in weeks.
Speaker 1:The one big difference I'd add, the iPhone five and iPhone six plus gave developers one week of turnaround time, though they've had a month plus in hands on development opportunities with the Duo. So I don't know what Google and Instagram and Spotify are doing, if they've had the ability to to...
Speaker 2:Yeah. They've had a month?
Speaker 1:They've had a roughly a month. But maybe they're just bear on... Bear bearish on the duo.
Speaker 2:Well, I I think for, like, Instagram or whatever, they probably assume that people are gonna be doing kind of... They're gonna have the... It, like, wider, so you can get kind of dual wheeled reels.
Speaker 4:Yeah.
Speaker 2:Do you want to do one? So they're probably optimizing that. Yeah.
Speaker 1:I wanna... I do wanna see what it what it looks like on Instagram when you have the two screens.
Speaker 2:Yeah. And so I think these are are starting to be delivered on Friday, I believe, the twenty third. So we'll start to get some.
Speaker 1:Yeah. But somehow people have them out in the wild now. So MKHB review.
Speaker 2:Yeah. I assume that he get it early.
Speaker 1:Let's pull up this video from MKBHD.
Speaker 3:It is bad. Photo quality. Just near that selfie camera. Yeah. That is that is very first gen.
Speaker 3:And it is bad. The photo quality is trash. It looks a little better on, like, a FaceTime call with video than just straight up taking pictures with it. But, yeah, Apple clearly has done the math. Like, they've assumed people won't use this camera very much, and they've accepted the trade off of image quality versus having this big dramatic uninterrupted inner display.
Speaker 3:We'll see.... That selfie camera. Yeah.
Speaker 2:Yeah. I think that's a reasonable trade off.
Speaker 1:And the camera's effectively invisible Yeah. Which is extremely impressive.
Speaker 2:Yeah. So I I'm actually... I I'm... This makes me more bullish on this.
Speaker 1:Yeah. It seems like a pretty good experience.
Speaker 2:Yeah. I did not get one. But... Do you want to? I could imagine other people enjoying it.
Speaker 1:You're not gonna get one.
Speaker 2:I could...
Speaker 1:Would you get one if we needed somebody on the team?
Speaker 2:I could... Yeah.
Speaker 1:To to make a sacrifice and do it?
Speaker 2:A sacrifice? I I I would... Would sacrifice...
Speaker 1:Mean, you're gonna have a massive aura loss. That's true. Yeah. So you need... You can't
Speaker 2:be seen blowing this thing out.
Speaker 1:Cracking it open. I mean, John really does need to do it. He's the newspaper guy.
Speaker 2:Yeah. Yeah.
Speaker 1:I think he's gotta do it. So I don't think you should have to. It's time to talk about SpaceX SI Tesla. SpaceX had their q three earnings call yesterday. It is one of the cooler earnings call experiences, even like the countdown, like the imagery that they have just show why the company ultimately trades in a somewhat detached way Yeah.
Speaker 1:From business fundamentals. But they talk about the progress that they've made over the last quarter with Starships. Starship specifically, the stat that stood out is that, one Starship that was not even full is launching the equivalent of 10 Falcon Nine's worth of Starlink satellites. Right? Oh, yeah.
Speaker 1:So it just shows shows how big the the payload capacity can be. And, and again, they're just like going, as down the line as fast as possible to get to, not just reusability, but rapid reusability. So that's, what they're telling people to watch out for over the next quarter. A lot of the call was focused on the terrestrial compute build out. Elon, compared SpaceX and and the team there, to the the other sort of like cloud or neo cloud players as, this is like the New York Yankees playing in the little league.
Speaker 1:So not, not mincing words. And, yeah. The big numbers that stood out, they're talking about two and a half to three gigawatts online by the end of this year with, and pacing to get 10 online next year. That being said, he did, he did leave possibility for getting to 20 gigawatts next year. The logic there being like, they are building out more, like, they're trying to get get enough, effectively infrastructure in place to support 20 gigawatts even if they don't actually have the power yet.
Speaker 1:So, and, And then,
Speaker 2:I mean, he kept hinting or vaguely circling around some kind of merger, right, between Tesla and SpaceX. That's like a lot of the news about right now.
Speaker 1:Yeah. Before we get into that, we can talk about, let's pull up this clip of him talking about AI demand.
Speaker 4:Our belief is is that the value of compute per watt will increase over time, not decrease. And the reason that for that, I think I think it should be obvious to people really is that, as you improve the the AI software, as the models get better and better, they're able to, you get more useful intelligence per watt. And the value of that compute is proportionate to the useful intelligence per watt. And that's why you see things like, even old computers like h one hundred's renting for more than they rented when they were new. And I think that's that's likely to continue.
Speaker 4:I think we're gonna face a shortage of super intelligence compute. And that shortage is going to remain for a long time. So I think the smart move is to do short term contracts. And and essentially that that to make, to place the the bet on useful useful intelligence for what increasing rapidly, which obviously is done. So that's what's happened so far.
Speaker 4:That's why I posted that sort of video meme of the Monty Python cheese shop sketch. Where the guy goes into a cheese shop to get some cheese. And they actually have no cheese. And so he goes like, about this kind of cheese? What about that kind of cheese?
Speaker 4:And they they really just don't have any cheese. So we've actually tried to offload some of the... Trying to
Speaker 1:explain the meme.... To the
Speaker 2:top providers There's got no cheese.
Speaker 4:More compute for training.
Speaker 1:And we get the cheese shop skills. Yep. Yeah.
Speaker 2:I mean, so presumably, those short term contracts he's talking about are the anthropic ones. Right? It's interesting that he keeps saying, like, short term contracts
Speaker 1:because I think... Yeah. People were... People... That's how people have been making the bear case around their compute business.
Speaker 1:It's like, okay. Like, this is a, you know, temporary solution for companies like Anthropic and Google that are compute constrained, but these contracts will roll off and the demand will shift somewhere else. What he's saying like, no, this is intentional. We're doing this because we wanna basically, every year, raise prices raise prices because the expected value of the compute will go up.
Speaker 2:Or, I mean, or at some point, like, use that compute internally for for Grok models. Right? This is kinda also like the the meta maybe, case where, like, oh, they did this big build out and, like, may... Maybe they're they're making good use of it now, but at at one point, people were like, oh, you should just resell it, become Neo Cloud.
Speaker 1:Yeah. So he he definitely talks about Grok Bot in the earnings call as well and says he expects most of their compute to be... To go towards Grok bot eventually. And talks about the growth there. The big line that stood out, was funny, this was came at the very end of of Elon's segment before he passed the mic to to Shotwell.
Speaker 1:Let's listen to it.
Speaker 4:I mean, in a nutshell, what this implies for SpaceX annual recurring revenue by the end of twenty seven is somewhere between 500,000,000,000 and 1,000,000,000,000.
Speaker 2:Let's go. I mean, in a in a... He literally nods and then.
Speaker 1:Oh, it's amazing. Big big big numbers. I guess in this case, it's funny, normally people would say annualized revenue run rate, but he said annual recurring revenue. But in this case, it actually could be. Maybe it's not.
Speaker 1:Yeah. It is annual recurring revenue if they start continuing to stack these these, like, annualized deals. People are saying that Musk just saved the Neo Cloud trade with that line. Our belief is that the value of compute per watt will increase over time, not decrease.
Speaker 2:Yeah. I mean, this is what, like, semi analysis has been saying for a long time. Right? These things just can't keep going up. Yeah.
Speaker 1:Brett over at Arc is talking about the merger. This seems inevitable at this point. Elon's pretty clear that it's gonna be up to the the shareholders on either side to decide. He believes it's the right move and and again, people... One of the biggest challenges of having SpaceX and Tesla both as public companies is, like, you can't drive all of that investor demand to one place.
Speaker 1:So you're trying balance like supply and demand for both assets. And again, these are like, this is a portfolio of existing products as well as like... But but the companies... Both companies are valued on their future potential. Right?
Speaker 1:Yeah. So combining them does make a lot of sense. I can imagine this as as... It's not hard to imagine it as a sort of first $10,000,000,000,000 company. Brett has a point of view on on the merger.
Speaker 1:He says on SpaceX versus Tesla, very crudely, Robotaxi is a bigger opportunity than Starlink, but orbital compute is a much bigger opportunity than Robotaxi. And Optimus requires more baking time than orbital compute. And Optimus' success is predicated on access to gob smacking amounts. Not a lot of people using that
Speaker 2:word these smacking.
Speaker 1:Maybe it's time to bring it back. Yeah. Yeah. Amounts of super intelligence. The forced usage of super intelligence, by our industry has been been pretty brutal to watch.
Speaker 1:It's really... I I I cringe a little bit every time. Elon responds Interesting. And just says, interesting. This is this is obviously his way of drawing attention to things without without giving them an endorsement in any way.
Speaker 1:So lawyers
Speaker 2:hate Yeah. And so many things here make sense. Right?
Speaker 1:Lawyers hate this one simple trick.
Speaker 2:They don't want you to know this.
Speaker 1:Yeah. The big thing is that Elon owns so much more of, you know, SpaceX that he wants SpaceX to have the highest possible valuation and Tesla to have the lowest possible valuation at the time of the merger. What else? Hero Onada says, I know Elon stocks get totally different treatment, but this is Oracle September 2025. Huge claims of future revenue.
Speaker 1:Revenue, extremely low quality. Business about to become recklessly levered. He's So given the bear case here. Not Elon's first time making huge claims of future revenue. I think the interesting thing is like, even if he's off by five years on on these sort of revenue targets, like shareholders are still gonna do pretty well.
Speaker 1:Yeah. But, yeah, very very clear that they will be levering up in a way that no Elon company has before outside of XAI. Matthew Zaitlin says the American capital markets are the eighth wonder of the world. And he's quoting The Economist And it says, in the past year, American markets have digested the largest ever initial public offering, SpaceX. Equity raised by a public company, Google, or a foreign firm, SK Hynix, private funding round, OpenAI, and private debt deal, Broadcom, as well as most of the biggest bond issue in history.
Speaker 1:Amazon, there was the first $1,000,000,000,000 exchange traded fund or ETF. Vanguard, a record breaking cash pile, Berkshire Hathaway and stock buyback program, Nvidia, and consummation of the largest ever leveraged buyout, EA. The the other crazy thing about about a lot of these deals is like they weren't even the current thing at the time. Like it was the kind of thing where it would be maybe get a a mention on on the front page of the journal or just be buried in the business section. Big news today, somewhat unexpected.
Speaker 1:OpenAI models are coming to Google Cloud to frenemies now, I guess, in many ways. OpenAI and Google strike major AI distribution deal. OpenAI will bring its frontier AI models including GPT six Astra and Codex to Google Cloud in the coming weeks. Enterprise customers will be able to purchase them through Google Cloud Marketplace using existing cloud spending commitments. The agreement follows OpenAI's expansion to AWS after its exclusive Microsoft distribution arrangement ended.
Speaker 1:In other news, OpenAI acquired Orchestra Bio, a platform that helps biopharma teams coordinate the complex process of drug development. Roheendra goes to OpenAI. Absolutely massive news and super excited for the team over there. Ken Griffin had some comments yesterday. He said, We're almost certainly in an AI bubble, but that sounds way more bearish than what he was actually saying.
Speaker 1:He he... In his comments, he's talking a lot about disruption due to AI, but also said it would be a golden age of entrepreneurship.
Speaker 2:Let's go.
Speaker 1:So not all bad. I don't know if this is a serious comment or not, but let's see. Brian Johnson says, have an AI agent that logs every negative comment someone makes about me online. It then creates a profile of the person, maps all of their social connections, and finds all their emails. Tomorrow morning, my AI agent will send out an email blast to everyone's extended social network detailing the horrible things they've said about me.
Speaker 1:And he says, just kidding. It's not just to their social network, but to the extended network of everyone they know as well. I'm for real just kidding on all of this. I thought he would do it. I thought that was actually kind of an interesting experiment.
Speaker 1:Just sort of narcing on everyone. Narcing on. Narcing. On... It's probably millions.
Speaker 1:Don't you think it would be millions of people?
Speaker 2:Yeah. I mean, if you include, you know, every Instagram comment, there's... I think there's a long tail of these things.
Speaker 1:Yeah. Yeah. Pujo Capital says, some years ago I just stopped logging into Netflix and never really thought about it again. Honestly, surprised. It's still worth 275,000,000,000.
Speaker 1:I read this and and I agreed. I think I still pay for Netflix. I never use it. I would... It's interesting to think about how much you would pay for YouTube Yeah.
Speaker 1:Versus Netflix. Like, my willingness to pay for YouTube would would probably be in the thousands of dollars a year. And would probably take a thousand dollars in exchange for never being able to use Netflix ever again.
Speaker 2:I... Yeah. I I agree. I mean, somewhat somewhat of the content stuff is is hard because now, like, ten years ago, whatever, you don't have all the competing streaming platforms with, like, oh, actually, my favorite show is on this, so maybe for this month, we'll get this and our family, there's, you know, we can move over for a little bit to try this one. I have not used Netflix in a long time.
Speaker 1:Oh, WAP raised 200,000,000 in series d funding from Sequoia and Shopify. Very cool to see Shopify coming in as a strategic and... Yeah. I think that in many ways, WAP is the Shopify for a whole new category of work on the Internet. And I think Steven and the team have been pretty consistently underestimated by a lot of the market, but are are extremely serious operators and and, have shown, like, massive ability to, like, be flexible and evolve with their customers Yeah.
Speaker 1:Which... Yeah. The the work that they're doing in various forms, whether it's clipping or or courses is constantly constantly evolving. So... Yeah.
Speaker 1:But but that's it. We did it. Made it through. But that's it. We did it.
Speaker 1:We made it through. We made it through. I've always said that if... I wouldn't be podcasting if it wasn't for John, but...
Speaker 2:Nor would I.
Speaker 1:Nor would you. Nor would any of us. But but I'm glad we can do it. It's good. That we can.
Speaker 1:We're not gonna do it again. That's John's last sixth day for the year. So as we head into flu season, just remember, John, you already used your day up. It's over. Any any final words?
Speaker 1:You remember what John says?
Speaker 2:Follow us on Apple Podcasts, Spotify, YouTube. Subscribe to our newsletter. What else is there? I think
Speaker 1:that's it. Right? Can't forget... Oh, how
Speaker 2:many days, though? Oh, yeah. What are we at?
Speaker 1:Wow. Sixty four days.
Speaker 2:We're right there. We're in the final stretch now.
Speaker 1:We're in the final innings. That's it, folks.
Speaker 2:Leave us five stars.
Speaker 4:Growing flashback.
Speaker 1:Wow. Really delayed flash. We love you guys. See you tomorrow.