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Tucker Carlson: Rise of Nick Fuentes, Paramount vs Netflix, Anti-AI Sentiment, Hottest Takes | YouTubeToText
YouTube Transcript: Tucker Carlson: Rise of Nick Fuentes, Paramount vs Netflix, Anti-AI Sentiment, Hottest Takes
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This episode of the "All-In Podcast" features a wide-ranging discussion covering media consolidation, the rise of figures like Nick Fuentes, the existential implications and societal impact of Artificial Intelligence, and various geopolitical and personal topics.
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All right, back with us in place of
David Freeberg who's busy this week is
the one, the only on his fourth
appearance here on the All-In podcast,
Mr. Tucker Paulson. How are you, Tucker?
>> Thanks for having me.
>> Hey, Tucker. Good to see you.
>> David, David, how do you have time for
every time I every time I turn on my
phone, there's like David Sachs on
something incredibly complex. Like, are
you sleeping? usually people attacking
me for something,
>> but it's not just like, oh, your views
are this or that geopolitical conflict.
It's like the details of something
very complicated. And I'm just like,
wow, man. That's a lot. That's a lot to digest.
digest.
>> Yeah. There's not a very high bar in
Washington, as you know.
>> You're a giant among pygmies, but still,
it's a lot of work.
>> In the land of the blind, the oneeyed
man is king.
>> King. Exactly. Exactly.
>> Are you still enjoying it? Yeah, it's
been a lot of fun. Well, you know,
President Trump's a lot of fun to work for.
for.
>> He's the most fun.
>> I mean, the best, right?
>> He got a big shout out yesterday. It was
really awesome, actually.
>> David did.
>> Yeah. Huge shout out.
>> That's right. We were at the White House
Christmas party. I think they do like 25
of these.
>> Yeah. Literally.
>> Literally, cuz they got so many
thousands of people, but they can only
fit a couple hundred people in the White
House and they're doing like two a day.
And the president comes down and gives a
speech and every speech is different.
You know, it's like a Dave Chappelle
comedy routine where he never does the
same set and he does it with so much
enthusiasm and gusto. You would think
that you were the only,
>> you know, holiday party crowd that he
ever addressed.
>> He never expresses any irritation at at
doing that. He loves it. It's like amazing.
amazing.
>> It's unbelievable.
>> But in any event, he gave me a shout out
during the speech and then he called me
up there to like, hey, can you say a
couple words about AI? And I'm like,
well, this isn't exactly Chris's party
conversation. So, I just kind of talked
about how great he was and um how much
fun it was to work for him. And then he
gave Chamatha a shout out
>> as well.
>> No way.
>> And he just starts talking about the
All-In Pod. Like, we're in the audience
and he just starts having a conversation
with us about the All-In Pod and how's
it doing? And you know,
>> the funniest part was he says to me,
"Oh," and then Nat was behind him. So,
he goes, "Hey, Nat." And he says, "I
hope everything's going well. How's your
relationship?" He looks at me and I'm
like this and then Nat's behind her. Me
>> Oh, it's so awesome. I'm going this
weekend cuz I miss him.
>> You're going to see him this weekend?
You guys are on good terms. Tuck
>> with Trump. Oh, yeah. The best. I mean,
the best. I mean, of course, people have
told him, many people that he's not
allowed to talk to me. So, that just
makes him like me much more cuz like all
he hears is, "Oh, he's" People be like,
"He's the worst human being who's ever
lived." And all Trump hears is who's
ever lived, you know, and he's just that
he's just he's you can't control him
that way. Period. So, no, I get along
with him literally in 25 years better
than I ever have.
>> That's good, too.
>> It's hilarious. Yeah.
>> The last part of that story is so after
he calls up me and Jimoth, actually, he
calls me up to speak and then
>> calls David up to speak. He went on a
little bit of a riff saying, you know, I
don't like the term artificial
intelligence because why would you want
to call it artificial? It sounds bad.
>> Why don't they call it something else?
Superior intelligence
>> intelligence organic.
>> And then and then he calls up Chimath.
He's like, Chimath, what do you think?
And Chimath says, well, I think I think
AI is too late to change, but maybe it
could be American intelligence.
>> And then he says, yeah, but you know, we
want this to be used by the whole world.
Sell it to the whole world. Anyway, we
start workshopping uh this branding
exercise. in front of the entire
Christmas party.
>> How about we call it Trump super
intelligence? Okay, it's Trump intelligence.
intelligence.
>> No, but you know what? Calling AI
American intelligence is actually the
smartest and best one could do around AI.
AI.
>> We got a lot to talk about, Tucker,
you've been on a run, huh? You've been
on I mean, not in my world. I mean, I'm
off social media mostly, so it's like
nothing's actually really happening in
my world.
>> You don't open X at all.
>> It's all about me, man. And I'm not
going to I don't like to read about
myself, so I don't look at it. No.
>> All right. For topic number one,
Paramount versus Netflix. They're in a
bidding war over the future of Warner
Brothers and all that amazing IP. The
assets obviously many of us know Warner
Brothers is led by Zazlo, David Zazlo,
but he owns currently HBO, DC, and the
Warner Brothers collections of films.
Also, they have that great studio a lot.
On the cable side, they own CNN, TNT, Discovery,
Discovery,
and uh they just saddled that company up
with $30 billion of debt. And they had a
little bit of a competition for who
would buy it. Netflix and Paramount Sky
Dance, run by the Ellison family.
Netflix offered $83 billion to purchase
just the streaming assets, which would
put the number one and the number three
player together. and WBD publicly
accepted Netflix offer last Friday. This
has created a bit of a kurluffle.
Paramount now is coming in with a
hostile offer, 108 billion in cash for
the entire company. That includes the
cable assets. That would be interesting
because then David Ellison, son of Larry
Ellison, would own not just CBS,
which is being run CBS News by your
favorite Tucker Carlson, uh, Bari Weiss.
She would also, I guess, own and run CNN
in this instance potentially. We'll get
to that. Uh the $ 108 billion offer
includes two vehicles, 41 billion in
equity financing by the Ellison family
and then a bunch of other folks coming
including and we'll get to this uh some
Middle East uh sovereign wealth funds.
Poly market interestingly has Paramount
as the favorite at 51% in Netflix has
dropped to 36% even though they say they
have a done deal and 14% chance of no
deal. I think that might be the free
money the 14% chance of no deal. What's
your take on this, Tucker? And just
broadly speaking, consolidation in media
having pulled the rip cord and left
traditional media and now yeah, the
understanding is you're doing better
than ever. You control your destiny and
I think you're making probably as much
or more money now than you did when you
were working for the men.
>> Yeah, I don't I actually haven't
checked, but I'm not much of a money
guy, but I'm I'm fine and can pay my
non-existent mortgage.
I'm against monopoly power in general
because I think it stifles creativity.
I'm not that worried about this because these,
these,
you know, these things never move in
exactly the direction you imagine. I've
been in media my entire life and none of
the big changes I anticipated. In fact,
almost all of them I made fun of. I just
don't think that we're really threatened by,
by,
you know, a conglomerate of CNN and
Netflix and all. So it's like, okay, you
can assemble huge companies. Can you
make people consume and believe the
product? You know, buying CBS news is
like buying RCA records or something. It
like just doesn't have any effect. And
only people who are not paying attention
are pretty cut off think you're going to
win hearts and minds by being buying CBS
News or CNN. These are these brands are
husks. In fact, all they are is brands
at this point. And I just am not at all
convinced that this will have a material
effect on anyone's attitudes at all. You
know, if you started to mess with what
YouTube is allowed to air or the
ownership of X, you know, then I think
you could could really change the
country and the conversations that we're
allowed to have. But I don't see any of
this as especially meaningful on the
society. I mean, is the is the product
going to get, you know, I don't know,
more subversive than than it already is?
I mean, is this like Netflix going to be
worse for American society? Probably
not. You know, I think this is a
business story, not a cultural story.
Chimath, your thoughts. I'll give you
two. The first is that whenever you see
deals, it's important to look at the
amount of money that that is at risk.
And that is the best tell about whether
this is important for the future or not.
Hundred billion dollar deals are
typically about things in the past. What
is the future? Billion dollar deals. So
for example, when you look at when
Facebook bought Instagram for a billion
dollars, that turned out to be a huge
bet about the future, it was right. When
Google bought YouTube for a billion six,
that was a huge bet on the future. They
were right. When Microsoft invested a
billion dollars in OpenAI, that was a
huge bet on the future. It was right.
But when you look at assets that trade
at hundred billion dollar plus
valuations, they're so undergurtded by
debt. All of that debt is only ever
bought by looking at the past. Meaning
how much money have they made and then
it's a best guess about how much money
could they make in the future. So these
multiund billion assets to Tucker's
point, they don't really matter that
much. I don't think it's super
anti-competitive. These are financial
transactions. The reality in media, so
specifically about this deal. So that's
a general statement about deal quantum
and you can just judge the importance
based on that. People should be spending
much more time looking at billion dollar
transactions and hundred billion dollar
transactions. That's my takeaway there.
But at the very specific thing about
this deal, the reality is that the
future is unscripted, uncontrolled,
userenerated content. You see it on
YouTube. It is already the 800 lb
gorilla in the space. And then
separately, it's now becoming about
shorter form video. And you see that
with things like Instagram reels and Tik
Tok. None of that landscape will change
based on this deal. If anything, if
those trends accelerate,
the value of historic IP is going to
erode even faster. Meaning, this
generation of kids will have no idea or
care about the Marvel Cinematic
Universe, about Star Wars, and that may
upset those of us who are nostalgically
tied to it. So, I don't know. I would
let the deal happen. I don't think it's
particularly that important.
Saxs, obviously you don't speak for the
administration on these issues, but I'm
curious your thoughts on this.
>> Yeah, just my personal view on this is
that we're going to get meaningful
consolidation in the industry either way
because either Netflix and Warers are
going to merge or Paramount and Warers
are going to merge. So either way,
you're going to get consolidation. But
that being said, if Netflix is allowed
to buy Warers, the antitrust concerns
are a lot more serious because Netflix
really is the 800 lb gorilla in
Hollywood right now. It's the number one
streamer by far. It's got the biggest
market cap. And they're the party who
the rest of Hollywood is freaked out
about right now. And so you saw that the
Hollywood unions like the WGA
sag. They oppose the deal because
they're fearing job cuts, lower wages,
worsen conditions due to reduced demand
for talent. And then the the content
creators and distributors are worried
about this too because
Netflix is known for making tougher
deals I think than the traditional
studios. I've got a friend who's a
showrunner in Hollywood, and he's done
projects with both Netflix and with the
studios, traditional studios, and he
says the big difference is Netflix will
pay you pretty well, but you don't get
any equity in your show. Like whatever
you get is sort of agreed to at the
beginning and that's it. So, you're not
really an entrepreneur when you do a
show for them. But when you then work
for a studio, you actually get a back
end. Now there's all sorts of, you know,
Hollywood accounting associated with
that, but he kind of misses the days
that are going away where he got to be a
little bit of an entrepreneur and have
real upside in his shows. And if Netflix
now is allowed to acquire Warner
Brothers and that's just another nail in
that whole coffin. And so I think it is
a big change and if the antitrust
regulators look at this, I do think that
Paramount has a better chance. The other
big factor is just that
Paramount's offering more. They up the bid.
bid.
>> It's 108 billion versus around 80 or was
like $30 a share versus 27. And they're
also buying the whole company whereas
Netflix just wants Warner's
>> studio assets and streaming assets like
HBO as opposed to the cable assets which
are considered a little bit of a co. So,
I think if you're a shareholder in
Warers, you probably want to sell the
whole thing. You don't want to just be
stuck with the bad assets. So, >> yeah,
>> yeah,
>> I'm a little surprised actually that the
Warner board went with Netflix when they
had Paramount as an option, assuming
this Paramount offer was on the table,
because it seems like a better deal, and
it's probably a little bit more likely
to get through the regulators. So, I
guess I'm a little bit surprised they
chose Netflix, but I guess Netflix is
the more bonafideed party, right? It's
$400 billion market cap and maybe they
thought that they're more able to
execute this transaction.
>> Yeah, I have only three points on this.
Number one,
it really depends on how you frame
competitors in this space. Here's your
paid streaming platforms, Netflix,
Disney, and HBO. Disney's done an
amazing job after starting a decade
after Netflix with streaming of really
getting a lot of subscribers and
consolidating one in three here
obviously puts Disney way behind. But if
you start looking at Tik Tok, Instagram,
YouTube, these properties have the
majority of the audience. They dwarf the
audience of these paid services. And
young people are not interested in
movies anymore. They want obviously Tik
Toks and YouTube. If you look at the
revenue, it's a
>> ask you a question about that chart
before you move on. does how do you
compare or do you adjust for time
watched or minutes because how do you
>> I didn't in this but yeah that would
>> a big difference between watching a Tik
Tok and watching you know a movie
>> on Netflix in terms of attention span
>> disagreeing with you about the
>> look there's no question the cultural
significance has moved away from Hollywood
Hollywood
>> towards user generated content on these
online platforms but I'm just curious
you adjusted for that
>> yeah no I didn't adjust for that you
could you could slice it a bunch of
different ways but at the end of the day
you I put the competitive set as a
little bit broader here um which is
including the free you know UGC services
since that's what young people are doing
and then if you look at revenue
you you know it's a slightly different
picture here these paid services are
doing extremely well and they are
juggernauts in terms of making money and
profitability now
and UGC
obviously is much larger especially on a
global basis the more important Third
thing here is how we do antitrust in the
country. Trump wants to be involved in
this. He said he's going to be very
involved in it, you know, which as an
80-year-old, he's involved in
everything. Why not be involved in this?
He shouldn't be. Put that aside. I think
we need to have a way to prevet these
and then just let the highest bidder
win. I don't know how this concept is
getting convoluted, but the Ellison's
are compromising Trump a bit here. I
think that's why Trump gave a lot of
shine to Ted Sarandos. I don't know if
you saw his quotes about that sachs, but
he was praising what a genius Ted
Sarandos is and how amazing Netflix is.
The Ellison's coming out and, you know,
basically saying that they've got this
in and, you know, they're going to
basically have the inside track here, I
think is one of the issues I propose we
have a prevetting of these large deals
because we want M&A to be vibrant in
this country. We want more M&A after the
wrath of Lena Khan. So I think you
should be able to prevet chimoth. You
should be able to go to the government
and say, "Hey, we're considering selling
this asset, whatever it happens to be,
you know, YouTube back in the day. Is
there anybody who's not able to
participate in this auction and then
just have the FTC prevet some of these
and then highest bidder seems like
what's best interest in the best
interest of shareholders." So
>> kind of that's untenable. And the reason why
why
>> Yeah, explain. You have multiple facets
of antitrust that can come up from any
number of organizations in the United
States. And that's just but one part of
the complexities you have to navigate
because if you do business in any other
country, all of these other countries
are in a position to opine.
>> Oh, sure.
>> If you think about doing a deal where
you're in China and that other asset is
in China, it can slow down for a very,
very, very long time and never happen
for reasons that have nothing to do with
the industrial logic of the merger. So I
don't think you can prevet these things
because it's not scalable and I think
the government would get frustrated
because you'd have a thousand people
outside the door. They'd have no time to
do anything else. They have to govern.
The different thing that we have to
figure out whether is allowed is how
these deals are getting done. The only
thing that I would observe is the two
biggest transactions that have happened
thus far this year that I've taken note
of happened as total raw asset sales to
work around antitrust. The best example
was Meta and Scale AI. Okay, I'll say
this thing is worth 30 billion. I'll
give you 15 billion in cash, but what am
I really doing? I'm carving out these
assets so that I don't have to file even
an HSR filing. So, I think the future is
that if the government has to have an
opinion, not just America, but the
Europeans, the Chinese,
what's going to happen instead is that
very smart lawyers who get paid, you
know, 10, 20, $30 million a year, the
NBA salaries now, they're going to find
workarounds. they've already done so for
big tech and I think it'll spill over to
other industries. You're kind of like
creating these boundary conditions where
I think the concept of antitrust is
going to be a very difficult thing
because if businesses want to be in
business, you're not going to do these
traditional deals. as David said, an
enormous sign of confidence about how
there isn't going to be a competitive
threat for Paramount to just say, "We'll
take the whole thing." Because they're
subjecting themselves to a level of
scrutiny that they wouldn't if they felt
there was any shred of a good argument
for competitive antitrust. >> Yeah.
>> Yeah.
>> I just want to um address the gratuitous
potshot at President Trump.
>> Which one?
>> Well, your claim that he shouldn't get
involved and somehow antitrust is better
if the presidents don't get involved.
You may remember that Teddy Roosevelt
was known as the trustbuster because he
directed the DOJ to sue 45 companies
under the Sherman Act, including the
whole Northern Securities Company. His
successors, William Howard Taft, Woodro
Wilson, FDR, they were just as
aggressive using antitrust. Anyway, a
lot of presidents have gotten involved
in mergers and antitrust actions. So,
it's just not that unusual.
>> Yeah, I just check brought to you by Grock.
Grock.
>> Oh, yeah. That's great. Um, yeah. We
need to have like a Grock fact check
part of the show.
>> We We need a Grock fact check.
>> No, the reason I would say it's
problematic for Trump to get involved in
it is because the Ellison's have also
been major supporters of Trump and made
commitments for buying Tik Tok. Now you
have one family who is a major supporter
of Trump, massive donators
basically getting the inside line on Tik
Tok and now after a deal has been closed
with Netflix being able to lobby to get
Trump to let them buy CBS and CNN. So if
we start thinking about the influence
that Ellison, the Ellison family is
having on the Trump administration,
whether it's quidd proquo or it's the
appearance of quid proquo, it's best for
Trump to stay out of it because already
we have the tick tock deal. Now CBS they
own and they're going to own CNN. This
is a lot of consolidation for one family
to have.
>> That's a red herring. Between CBS and
CNN, nine people watch those two
channels. So those channels are
irrelevant. Those guys have to rebuild
these things from scratch. Number one.
And number two, it doesn't incentivize
or disincentivize 3 billion humans from
using and watching that content. Who
owns that asset is not known to any of
these people. CBS did not go up and down
because, you know, one person owned it
versus another. Nobody knows who the CEO
of Tik Tok is. It's Tik Tok is either
good or not good. And so, I would just
keep in mind that this is something it's
like the party circuit babble. Like you
go there and you talk about it like, "Oh
my god, it's so bad. It's so good." And
you miss the basic fact that nothing
about the ownership changes the human
incentive to use a good product and to
disqualify a product.
>> Maybe I would take the other side of it.
There's still millions of people
watching this and it's pretty clear that
millions of people watch this show
because it's good. No, no. Ultimately,
people are people are going to be drawn
to great products. There's no doubt
about that. But consolidation of the
major news assets CBS and the influence
of Tik Tok and the influence of CNN is
undeniable. That is just undeniable.
>> Undeniable to undeniable for what?
>> Just reality. Reality Americans. No, not
my reality. You can try and insult me.
That's not the point here in one company.
company.
>> No, it's not my reality. That's not
where I get my news from.
>> Millions of people don't watch CBS and
CNN. It's not true.
>> Literally, it's 4 million people who
watch it. So yes, it is technically millions.
millions.
>> If you're adding it all up over what, a year,
year,
>> dduplicated, like what is what is CNN's
most qualified, bestrun, most popular show?
show? >> Okay.
>> Okay.
>> Uh on the network or on the news?
>> I don't know cuz I don't have it. I
don't even have cable.
>> Yeah, I know. And you don't even pay for
you asked your friends to steal New York
Times articles.
>> Everybody will I am the lead.
>> You get the final word. Having lived
inside the beast, should Trump be
involved in these mergers and
acquisitions? Yes or no? Chuck or call?
>> Well, you're not going to stop him, so
it doesn't matter. What should we be
concerned about is not media monopoly
power. It's censorship of the tech
platforms. A return to that. That is
where you destroy creativity and
diversity of thought. put the entire
nation into the mental prison from which
it escaped last November. That's that is
the threat. Censoring YouTube x
Instagram and I I just think we should
be focused on that.
>> And what's your take on Barry Weiss
taking over CBS News? I'm not sure if
you've commented on me.
>> I mean, I'm kind of impressed. I mean, I
you know, it's easy to make fun of Barry
Weiss for being dumb or whatever, which
is fair, but it's
>> you have to sort of look at it in
reverse image and it's negative. It's
like with those talents you got where
you're amazing and I will say I agree
with that. I think that she's charming.
She's tireless, energetic. I don't know
that still matters. Like we we overvalue
IQ. Oh, a person's so smart, you know?
It actually doesn't matter. Like being
charming, meeting people, you know,
pushing an agenda tirelessly, like that
that really works. And in the end, the
prize she got is not worth having. Like
I how would you like to run CBS news
such as it is? No, for real. That's
torture. They couldn't pay you enough.
>> What would you do if you had CNN? They
put it in your laper and they say you're
forced to be CEO of it for the next 10
years. What would you do?
>> Well, actually, I've had that conversation.
conversation.
>> Slightly more relevant. What would you
do if you ran my son's school newspaper?
Because it's about the same skill.
>> Oh, I'd get radical.
>> Actually, Tucker had an interesting answer.
answer.
>> Any other good questions?
>> No, it's a great question. Tucker was
about to answer it. Thanks for stepping
on it, Jamai.
>> The CNN question. I mean, I spent almost
10 years there, so I I feel like I'm
familiar with it. >> Yeah.
>> Yeah.
>> I have, you know, I actually had this
conversation with someone was like, "We
should buy CNN. You should run it." And
I So, I had caused to spend like an
evening thinking about it and no way. I
mean, what? First of all, I'm with
Chimath. Like, I don't have a New York
Times or Washington Post or New Yorker
subscription anymore after a lifetime of
having all three because they're totally
irrelevant. They mean nothing. They're
speaking to no one. And there's a kind
of musty. It's like going back to your
childhood home and seeing that your
bedroom was really small and like the
paint was actually turquoise and all
these kind of sad posters from the '8s
are still there. It's depressing. Like I
would just shut it down and and build
something new.
>> Okay, shut it down.
>> Jason, can I give you my one thought
exercise about the New York Times? The
one thing that I think is worth talking
about the New York Times is I think they
will in the next five years do something
so egregious and over the line akin to
some sort of liel or some sort of
statement that has turned out to be
completely false, they will get sued.
And I hope when that settlement happens,
the person says, "I do not want to get
paid the $4 billion. I want this to be
turned in into a nonprofit and into a
public trust." And then shuts it down. Interesting.
Interesting.
That's kind of what happened with Fox
when they did their 700 $800 million
settlement, the largest one.
>> But the next one, Jason, the next one
will go up. It won't be that scale
because you've had now that that
precedent. That's a very important
precedent about the scale of lying and
misrepresenting things. And it only goes
up from here. This is a one-way ratchet.
>> Yeah, you couldn't be more wrong about
that. Uh it's definitely not going to
happen. They have controls in place, but
it's a nice fantasy. They're also
crushing it. By the way, when they moved
to subscriptions, they have 12 million
paid subscribers now. They are
objectively crushing it and figured it
out better than any other news
organization. Whether we agree or
disagree with, you know, their content
and the quality of it, they are the most
successful objectively here in America.
All right, speaking of successful in
taking over the dialogue, we got to talk
about Nick Fentes, who you just had on
your podcast, Tucker. You platformed
him. Being facitious here, you
platformed him. I I created him.
>> Basically, it's an interesting
discussion. For those of you who don't
know, Nick Fuentes and have been living
under a rock. He's a 27year-old white
nationalist with a very popular show on
Rumble, about 500,000 subscribers, which
isn't actually that big when you think
about it. His followers call themselves
Gropers, and he's gained hundreds of
thousands over the past six months. He's
on quite a heater, and uh he's got a
bunch of controversial opinions. I'll
just give you the quotes. This is
nothing to do with my opinion on him. He
was asked by Piers Morgan if he
described himself as a racist. And he
said, "Totally, I think everybody, if
we're being honest, is racist. The only
people that aren't racist or pretend not
to be are white people to their
detriment on women." Piers asked Nick if
he was gay. Nick said, "No, but I will
say women are very difficult to be
around." Piers uh then asked, "And do
you think they should have the right to
vote?" Nick said, "I do not." Absolutely
not. On Israel, Fuentes is very critical
and what he calls organized jewelry in
America. So now you interviewed him.
Couple of different ways to take this,
but you did a good job of telling his
origin story. He was part of Prageru.
He's got this really activated base. Why
is he resonating at this moment in time?
And maybe you could explain to the
audience. MAGA versus America first,
America Only, which I think are part of
America First, but you you you tell us
because I think these are just terms
right now. They're not like political
parties or anything.
>> Well, there's a struggle over what those
terms mean. It's very ugly and probably
necessary because you need to define
terms. Like that's the first thing you
do, I would say, when you think through
what you should be doing with your life,
for example. So, um, as for Fuentes, his
origin story is a little more precise,
and I'll keep it short, but he tweeted
something as a freshman at BEu, critical
of, pretty mildly critical of the
Congress for doing the bidding of this
foreign country, Israel. And somehow Ben
Shapiro saw that and attacked him and
tried to get him kicked out of his
Republican club and made sure he didn't
get an internship with some conservative
organization. And I'm not attacking Ben
Shapiro, but that kind of tells you what
attempts to shut people down, to shut
conversations down result in. They don't
go away. They just fester in the
darkness and they can sometimes become
really ugly. So what Fuentes is, among
other Well, first of all, Fentes is
saying a lot of true things. That's why
he's popular. He's funny. Uh he's smart. >> But
>> But
>> he's a good Yeah,
>> he's a great broadcaster. But Fuentes on
some macro level is
>> troubling because he his platform is an
expression of something that has kind of
taken over all political discourse which
is identity politics, tribalism. And I'm
just opposed to that. I period and
always will be. And I I just think that
we're governed by universal principles
or we're governed by the mafia. Those
are our choices. And so you you know our
principles have to apply to every human
being or certainly every American
citizen. Period. or they're not
principles. Um they're just a
justification uh for tyranny. So
Fuentes, you know, has a different kind
of identity politics, but there are all
kinds of different identity politics. We
we lived under it during the Biden
years. We've lived under it most of my
life actually in one form or another.
And so if anything, Fuentes reminds us
that we have to come up with some kind
of principle that every American can
ascribe to something called national
identity. That is not a dirty phrase.
that's actually necessary to keep the
country from disintegrating, comma,
which it is. So like what does every
American, all 350 million have in common
with every other? And that's the
conversation we need to have. And in its
absence, then we get a lot of people
popping up and being like, well, all
white people over here and all black
people or Jewish people or whatever.
That's not going to work. That will end
in violence. Everyone knows that. And so
now is probably a pretty good time to
figure out what we all have in common. I
didn't platform him. I in first of all
platform is not a verb and anyone who
says it is a verb is probably opposed to
my core interests I would say and bad language.
language.
>> Yeah. I interviewed him like interview
everybody you know and my general belief
is you should let people say what they
think and others can decide whether they
mean it or not whether they're being
false or sincere and and what they think
of what the person is saying. But that's
that's my job. I'm not ashamed of it
despite a lot of efforts to make me
ashamed of it. I do disagree with
Fuentes on the question of universal
principles. I think it's im well first
of all it's against my religion to hate
any group and I told him that. But I
didn't do a lot of other posturing
designed to make me seem like you know
the good person. Peers unfortunately
fell into that trap as an older man you
know well isn't IT YOU ARE BAD and it's
like okay I don't even disagree with
some of that but you don't elevate
yourself. you look like an outofouch
buffoon. And that's exactly the trap
that was awaiting Piers Morgan. And if
you watch that interview and if you
watch the reaction to it, that did not
diminish Nick Fuentes in any way. It
enhanced Nick Fuentes. What diminishes
Nick Fuentes is asking him
straightforward questions, particularly
about women. Not have you had sex with
anybody, but like why are you so mad at
women? And that, you know, letting
people talk a lot reveals who they are.
That's just true. Sorry. If you were to
give the top two or three reasons why
he's resonating with it seems like young
men and this America this burgeoning
American first movement which I guess it
would be good for you to define right
now as best you can recognizing you're
not the leader of it but you have said I
think uh you this uh concept is you know
uh resonates with you so maybe why talk
why is Fentes resonating and what is
America first versus MAGA. Like explain that
that
>> just in in reverse order. I mean, I
would argue that the the premise of MAGA
is America first, but I wouldn't say
that America first is a movement. I
would say it's the only legitimate
reason to run a government. And it's
very simple. The the government of your
democratic republic ought to act in
broad terms on behalf of its own
citizens. I mean, it's it's not more
complicated than that. There's nothing
sinister about it. In fact, anything
other than that is sinister because it's
illegitimate. For what other reason
would you run a a Democratic Republic and
and >> treasonous?
>> treasonous?
>> There there isn't one actually. So of
course this has to be an America. You
could think of a new name for it if that
name makes you uncomfortable. But the
idea has to be the reason we have a
government or else we have to get rid of
the government because there's no other
justification for having a government.
Okay. So a b why is he popular? Because
he says that. But I would say more
broadly because he's defiant. There's a
kind of up yours, buddy. I can't say
that. Okay, watch this. I will. He's hilarious.
hilarious.
He seems steadfast and strong. I I don't
think he is. He's not even married. So,
like, if you're afraid of girls, I think
you're a wuss. That's my personal view.
But there is a But in his defiance,
people see something really appealing.
Why wouldn't they? You know, you know,
these are kids who've grown up in a
world of hectoring and telling them
they're bad because of how they were
born. And Nick Fuentes is just raising
the middle finger to the people saying
that and saying up yours. And who
wouldn't love that? Of course people
love that.
>> Second piece is of the America first is
America only. And I guess that means
>> I don't know what that means. That's it.
No, of course it's Look, we we work in
concert with others by definition. It's
a globalized economy. You know, maybe it
shouldn't be, but it is. But America
only that argument to the extent it's
not really an argument. That's like a
counter slogan designed to undercut the
main argument isn't doesn't really mean.
No one is arguing that. It's just saying
look the US government ought to act on
behalf of its own citizens. To which
people who don't believe that who are
embarrassed to explain why they don't
believe that because there's no
justification for not believing that are
like well you're you're America only.
No, the government should do that. Every
part of the government should have that
foremost in mind. How does this help the
people who pay for this in whose name
it's done? Like again, even calling it a
movement drives me bonkers because
compared to what? Some sort of creepy
secretive oligarchy, which we've had
most of my life. Like that's just bad.
There's no way to defend that. And we
can argue within the framework of
America first how to put America first.
That's a totally legitimate argument.
And there are all kinds of different
thoughts about that. But what the motive
should be, the goal should be, there's
no debate. It has to be for American
citizens primarily. If they're, you
know, ancillary beneficiaries, that's
great. Not against that at all. Let's
help everyone if we can. But the point
is to help the people who own the
country, the shareholders of the United
States who are American citizens.
There's no other point, is there?
Chamat, let me bring you in on this from
the angle of the America first movement,
America only movement as a reaction to
the first year of the Trump
administration feeling to many people in
the Republican party as benefiting maybe
tech oligarchs, billionaires,
uh, international issues more than the
working man. you have started to tweet a
little bit and become vocal about, hey,
maybe year two of the Trump
administration, we got to get refocused
on some of these things. Unpack that for
us in the audience.
>> Well, can I can I offer my feedback on
Fuentes first?
>> Of course. Yes. Go with Fuentes if you like.
like.
>> There's a couple points I want to make.
The first is that he is, as Tucker said,
charismatic. I think he's funny and I
think that he can animate around a lot
of touchy subjects and say things that
have shock value. And I think in that
what he is is actually like a modern
shock jock. He's like a younger Howard
Stern. He's the Howard Stern of this
era. the way that Howard Stern was in
that era unlistenable to so many people
because he would be kind of okay for 80%
of the time and then go totally off the
rails and you think, man, this guy is
some combination of mean, nuts, crazy,
and then you throw out all these other
adjectives. So that's point number one.
Point number two is it is true that the
longer you allow him to speak actually
the more you understand what he thinks
and as a result the quality of the
product will dictate the scale of
adoption and now this is where I think
the media yet again has been very sloppy
and doesn't do their work which is and
Nick you can throw this up there's been
a lot of research on what has been
happening in the last few months and the
bottom line takeaway in the last few
months is that there is coordinated
effort of individual largely unverified
accounts in social media. They typically
emanate from India, Pakistan, Malaysia,
Indonesia, Nigeria. And there is a
coordinated amplification process that
is happening around this content. And in
this chart that you're seeing, it's just
a comparison of Nick in the first 30
minutes to what people like Elon get in
the first 30 minutes of him posting.
Now, why that's so important is you
start to see this huge disparity where
even though you have the most viral
person and account in the world, i.e.
Elon Musk on X. What you see is him
completely crushing and dominating the
verality in the beginning of his content
creation versus anybody else's. And then
there's a bunch of other charts. Nick,
you can retweet a link to this. It
starts to show a pattern where there's a
coordinated effort to amplify. I think
that's why we're having the Nick Fuentes
moment at this point in time. The New
York Times all of a sudden sees this
information, probably doesn't bother to
do the diligence, has a bunch of
positive mentions, starts to pump him up
as a
leader of some kind of nefarious, crazy,
scary rebellion.
>> Well, no, they want to mainstream him
>> and they want to try to mainstream him.
So, what you see is the New York Times
trying to mainstream this guy and make
him credible so as to paint the right as
a bunch of evil racist ideologues. I
think the producers at Piers Morgan
didn't understand this was happening.
And so when you put him on a 20 minute
soundbite shot, it feeds in to exactly
what makes him popular. The ability to
land these small sound bites. This is
why I think Tucker was much better
because again in multi-hour programming,
you can't hide. You see the full facet
of what the person is and you start to
understand that this is a very savvy
young media personality. Now, when you
strip away all of this amplification,
the product has to work for it to scale
and grow. There is no way that you're
going to manifest average normal men and
women spending their time to take these
views credibly unless it's good and
right. There will be a moment in time
where curiosity will cause you to say,
why is everybody talking about this? We
are firmly in that moment. But I think
that there is a large portion of what he
says which I don't know whether he
believes or not because I haven't spent
that much time but is meant to shock.
It's meant to catalyze and animate
people but I don't think it's
sustainable because the views themselves
are repugnant.
>> So I think
>> and this is why the New York Times wants
to elevate him. Can you put it up there?
>> So there I am. I look amazing
guy in that picture. I look like a
slackjawed yokal and he looks like
>> rebel with a cause. Yeah, it's Jed
Clampid versus uh James Dean.
>> The the other thing I'll say is that Sax
and I are in a couple of these group
chats with some folks and some of the
chatter there is that who is paying for
and who is activating all of these bots
and fake accounts in all of these
developing world countries and why did
they pick him? Some of that conspiracy
basically points to a handful of nations
who would love to ferment that kind of
dissent and that kind of
>> yeah we don't have chaos and uprising. I
mean this has been clear for a long time.
time.
>> So I think it's very important from here
on out that if people are to listen to
him I think the longer form content
exposes what he really thinks so that
you can judge it for yourself. But I
would not discount the fact that this
moment is happening is not entirely
organic. There is a deep inorganic
effort to put this on the front page of
the news. And so it's up to traditional
media to decide whether they're going to
basically lift this guy up as some kind
of newfound hero or call it out for what
it is, which is lead in the articles
with this data, which is widely
available and easy to get.
>> Well, he literally explained this when
he was on Tucker's podcast. He was
originally in college part of this
Prageru kind of movement and he said he
was in a Facebook group which was the
Prager army and I've talked about this
before we've joked about it but there
are groups like the one you mentioned uh
that you're in this group I heard about
it a couple hundred right-wing folks of
note take it easy Jason
>> my invite didn't get got lost apparently
to it but uh yeah add me to that group
please but what happens in these groups
some of them are designed to make money
some of them designed to make impact In
fact, Andrew Tate had one where there
was an affiliate scheme put up uh for it
when Twitter started sharing revenue
with accounts and you start looking at
these like accounts that are anonymous
but get to massive scale. King Co the Great
Great
>> You're talking about the clip forming. Yeah.
Yeah.
>> Yeah. And and they're regurgitating
stuff. They're doing it for the money
obviously. They're making 10 20 grand a
month. It becomes a full-time job to do
that. But we've got the Russians, we've
got the Chinese, everybody in between
doing this kind of pumping. And then
there is the actual army. So he Nick
Fuentes has an army of young people who
do this and they're on VPNs and they
flood comments and what they do is they
share a clip. And you can experience
this in your own social media if you're
of note because you'll have 10 posts get
x number of replies and then all of a
sudden the 11th gets 10 times that all
at the same time directly to it not from
your followers and that's when they get
shared on these group chats. By the way,
we should mention just tangentially
because I want to get Tucker's take on
this, but Australia just passed a law
that under 16, you're now not allowed to
use social media. Instagram, Facebook,
Tik Tok, all banned until you turn 16.
And in part, Jason, I think it's because
>> these coordinated miss and
disinformation or amplification
campaigns are on all kinds of
characters, not just Nick. They're
proliferating because to your point, the
economics creates an incentive if
nothing else. Then there's obviously the
state level sponsored chaos that it
tries to sew. And one of the only highle
bits that you can flip is to say under a
certain age, we're just going to
minimize how much of this content you
get exposed to because we don't know
what it is. Before we go there, can I
just say the one thing on America first,
America only, whatever these terms are.
I I don't know what they are.
>> America first, America only.
>> Okay. I I don't know what they are.
These are slogans, anti- slogans. Here's
what I will say. I think it's very
important, and I speak as an immigrant.
I want to be American. I don't consider
myself Canadian American. I don't
consider myself Sri Lankan Canadian
American. I consider myself American. I
want to absorb and I want to reflect the
values of this country. I want to know
and be able to talk to you about the
constitution of this country. I want to
be able to celebrate the cultural
heritage of this country. That's part of
the compact that I think I'm making. And
I do think that's an important thing
that we have all lost where we have to
run around in all of our traditional
garb and it just loses that what makes
countries great is a shared set of
principles and values and we have to
find a way of doing that. When I
immigrated from Canada, what I will tell
you is Canada took the opposite view. We
used to call America a melting pot
pjoratively, even in textbooks, and the
textbooks would call Canada a toss
salad. And we would celebrate that that
form of multiculturalism was better. But
when you fast forward the clock 20
years, all it did was create confusion.
For example, if you go to school in
Canada, there's like a bajillion
holidays. Every culture gets their day
off. Then all of a sudden, what happens?
The kids don't get educated because you
have to have every longtail country get
recognized in some way, shape, or form.
All of a sudden you lose this very
standard form of basic organization.
That's just but one example. You know
the forms are in 50 languages. All that
does is create chaos. It should have
been in English and French because those
are the two official languages of the
country. All of that indirection trying
to celebrate everybody's heritage
confuses and slows that country down.
And you can see it in the GDP. You can
see it in the FDI foreign direct
investment. You can see it. So the one
thing that we have to agree is that
there is an American culture and set of
values and we should not lose it and we
should ask the people that want to be
here to embrace it. We all embraced it.
Saxs embraced it. If you talk to Sax's
parents, they've embraced it. If you
talk to Freeberg, Freeberg's parents, we
all came from different countries, but
we are fundamentally American. Jake Cal,
I'm I wasn't sure, but were you
intimating that the party behind Nick
Fuentes's meteoric success is the Russians?
Russians?
>> No, no, I was just saying that there's
brigading going on.
>> Which foreign actor do you think it is?
>> I, you know, some of them just want to
create chaos. I put Russia in that. Just
creating division in America distracts
Americans. I think they like that. But I
there are three levels of this. There's
his army. Fuentes does have an army of
super fans who are disaffected young
men. And there's a reason why they're
disaffected. It's hard to get jobs. It's
impossible to get a home. Health care.
They've seen people, you know, go
bankrupt because of healthcare. If you
look at healthcare, homes, and
education, those are the three most
important things we have to fix in
America. That's why young people are
disaffected. And when you're disaffected
as a youth and somebody starts blaming
the Jews, the blacks, the Hispanics, the
border, this issue, that issue, it's
really appealing because then you don't
have to take any personal responsibility
for it. And it is in fact really hard to
own a home in most cities in America
unless you move to Texas or, you know,
Nashville, Florida, and then there's too
many homes and prices are going down.
and he's a kid and he says stupid stuff,
but he says he does tap into that disaffectedness.
disaffectedness.
Where would you put it if you ranked it,
Tucker, since you are pretty plugged
into this? Is Fuentes's popularity based
on the Gropers and this like really
inside group of people who are
amplifying him, is it what he's saying
or is it like some foreign actors
promoting him? How would you handicap
his massive popularity? And then we'll
move on. All all three play a role I
would say and if you want to know who is
primarily responsible for amplifying him
consider who benefits. If you wanted to
discredit America first say a foreign
policy then you would put it in the
mouth of someone who is pro- Hitler. Of
course, anytime I hear someone endorsing
Hitler, I love Hitler. Then I'm like, h,
you know, the Fed alarm goes off or the
inorganic alarm goes off, right? Okay. A
B, he is the product of a system that
the rest of us tolerated and certain
among us created and we shouldn't be
surprised. You know, if you have
identity politics, at some point you're
going to get white identity politics. I
think I wrote a book about this almost
10 years ago, which was totally ignored,
but that's inevitable. It's inevitable.
And so to fix it, it's not a matter of
censoring Nick Fuentes or anyone who
likes Nick Fuentes. It's a matter of dracializing
dracializing
our society and making it a fair society
where rewards or condemnation are not
given on the basis of your DNA. Like you
can't have that and hope to avoid a
Rwanda because it's just going to
happen. It's inevitable. Tribalism is
the threat to every society and I don't
know how we lost sight of that but we did
did
>> you people are sort of saying he's a fed
he's accusing you of being a fed
>> you know I don't know the whole fed
conver I unfortunately so he it's such a
long story I won't even bore you with it
but he attacked my father at one point
so I got baited into it and and I called
him a fed um you know I don't I don't
know uh but I do know that there are and
I think that Fuentes is pime. Let me
just be clear. I think he's primarily
successful because of his talents and
because of the obvious truth behind some
of what he is saying. I just right the
government of this country or any
country should act on behalf of its own
citizens and ours doesn't. And that's an
outrage. So, okay, that's just true. But
the white identity politics part of it
once again is inevitable. Identity
politics will give birth to white
identity politics. Why wouldn't it? and
your e efforts to stamp it out will
never work because they're too
hypocritical. So the only way to fix
that if you don't like it is to
eliminate all identity politics, which
we should do tonight because it's the
road to disaster. That's it. I have an
AI question for Tucker. I'm increasingly
surprised by the number of people on the
right who I would describe as
ardent free market low regulation to no
regulation folks who
are very anti- AI and I'm just curious
where do you think that comes from and
what do you think
>> it comes from so far as I can tell the
perception that the risks outweigh the
benefits. So the risk would include, you
know, massive job loss, chaos where
nobody sort of knows if anything is real
and the fabric of reality itself begins
to tear. You know, of of course the
massive energy draw and the huge and
expensive infrastructure changes that
will require the disruption that will
inevitably cause. So like the downsides
are super obvious. Not even to mention
the potential this gets completely away
from us and eats us or something. Okay.
As weighed against the potential
benefits which are what and I I don't
doubt that there are some you know
coming to faster you know diagnostic
conclusions in medicine you know or
organizi you know getting rid of tedious
tasks that no one wants to do
elimination of clerical work etc. I
guess those are upsides, but I it's
disproportionate. The in the view of
most people, I think who aren't experts
in this, not daily involved in it, the
risks far outweigh not just the upsides,
but the announced upsides. So, typically
when we roll out a new product, we tell
the people we hope to buy it like, "This
is going to be amazing. It's going to
blow you away. Everything about your
life will be better once you get the
iPhone 27 or whatever." There's been
none of that with AI. Like, none. The
announcement has been, "Holy, this is
going to change everything. Stop." How
exactly? Well, it just is. I mean, I
don't know who's in charge of the
marketing for this.
>> Seriously, Sam Alman, Sam Alman, and
David Sachs, go
>> David. Uh,
>> wait, hold on. Can I just Can I just
follow up on this?
>> Okay, so Tucker, here's just a thought
exercise and just tell me how this
factors into that opinion, if it should
at all. So let's say in a world in 10
years where you have these super
intelligent computers and systems and
models. Okay,
in my thinking what that does is it
reorders the geopolitics
of all countries in the world where
you're in one of three buckets. In
bucket number one, you're an exporter of
that intelligence. And I think right now
steady state it's going to be China and
America, right? China will have one
version of exported intelligence and we
will have one version of exported intelligence.
intelligence.
Then there'll be these strategic partner
countries of which I suspect there's
less than 10
who are the enablers, the facilitators.
They have specialized skills that wrap
either the Chinese version or the
American version with energy, with
money, with knowhow, etc. And then I
think there's everybody else. And it
almost creates this thing where if you
are an importer of intelligence in the
future, you theoretically are at risk of
becoming essentially a vassal state. And
so if you think about it at that level,
isn't AI something that is almost
existential that we must win?
>> I mean, for sure. I mean, at at that
level, for sure. And I would just point
out that like almost every single state
in the world is already a vassal state.
So like no change there. But uh yeah, I
mean, you don't want to be the wrong
side of it. That's clear. Is it
containable to nation states? That's not
clear to be honest to me at all. But
whatever I get the argument. I'm just
saying at the consumer level, no one has
explained why we should be excited about
this. And if I, you know, I'm a gold
buyer and ammo buyer and freeze-dried
food buyers already told you. So it
doesn't kind of affect me as an
investment matter, but like just I I
think it would be so I I don't have a
>> You're saying the dividend of AI is not
clear. Like it's like the positive
>> to the average person to the average person.
person.
>> You are 100% correct, Tucker, on this.
We have done a terrible job as an
industry communicating.
>> What's the answer? What's the answer?
Like how is this great for the answer?
>> It it'll wind up being great for you because
because
>> the prices of goods and services will
get much lower. You'll live much longer.
And listen, I'm not saying this is mine,
but this is what the industry should be
saying. The price of education is going
to go down 80 or 90%. You're going to
have customized, adaptable education
versus, you know, paying for $50,000 a
year degrees. You're going to be able to
learn anything in half the time at 90%
less. All of these deliveries coming to
your home are going to be delivered at
half the price, twice as fast, because
it's going to be in a drone or it's
going to be in a self-driving car. And
we're going to make breakthroughs in
health care that will reduce suffering.
And you will not die of cancer. You're
going to live to 120. We will have job
displacement, but we believe the lower
cost of living and the greater services
that are going to be available to you in
healthcare and education will make up
for that. And if it doesn't, we're going
to put in ways to pace out the job
displacement. In China, they're doing
this. In China, they're proposing and
Sax and President Trump, the amazing
President Trump, will be doing an AI
national edict soon, I believe, or an
executive order. But in China, in Wuhan,
paradoxically, they are talking about
giving out licenses to self-driving cars
in a paced roll out so that young men
don't lose their jobs on mass, which is
what we're about to see in America. And
if we don't take this into account, and
the great Zara will speak in a moment,
that's when this will become, I think,
the worst nightmare that you're talking
about, the dystopian version of this. We
need to figure out healthcare, homes,
and education and make those free, close
to free, and do a Manhattan project on
creating 10 new cities with 10 million
new homes and free healthcare for
everybody and free education for trade
schools, etc. That's what solves the
problem. That's what nobody's doing.
Sax, your chance to jump in here.
Well, there's a lot of things going on
here, but I think one of them is that
humans are really attracted to either
utopian or dystopian narratives. I think
liberals are probably more attracted to
utopian narratives and conservatives are
attracted to dystopian ones. And I think
the future is going to be more in the
messy middle. I don't think it's going
to be to either one of those extremes.
And I agree that the industry has not
done a good job. They've created a lot
of fear. The whole AGI narrative didn't
help because you had a lot of people in
the industry saying we're going to get
to AGI in two or three years. Those time
frames have all been pushed back by the way
way
>> or eliminated. You don't even hear that
term or
>> eliminated. People were saying a few
years ago that we'd have AGI by now. Now
no one is saying that. They're basically pushing
pushing
>> by just on that that was exactly a
function of the immaturity of our
industry. So to what Tucker said, it is true.
true.
>> Well, it's a utopian mindset, right? >> Yeah.
>> Yeah.
>> What they saw as utopian. I think a lot
of people reacted, wait a second, that
sounds pretty dystopian to me. And I
also think it's what needed to be said
in that moment to get that next quantum
of money. They were telling the
investors some version of what the
investors either didn't understand or
wanted to hear in order to get that next
scale up capital. But now that we're
past that and we're seeing more
practical implementations,
right now we're actually at the
beginning, I think, of the positive
productivity loop. And that isn't
explained because we've spent so much
time offering up this grand utopian
vision. it does seem like an overpromise
underdeliver kind of situation to show
up and say oh now your DMV form you
don't need to fill it out anymore and
people are like wait a minute that's
what we spent all this money on and I
think that we should have taken a much
more conservative view in explaining
what the upside was in the past
perfectly said Chimoth and I think
Tucker one way to frame it is the
abundance of Star Trek versus you know
to Sax's point the dystopian nature of
Terminator 2 one of the great paradoxes
here we we will have mass massive job
displacement, destruction, whatever term
you you prefer in entry- level jobs
already happening in, you know, what
I'll call chores like dishes and driving
cars. Entrylevel jobs. Those are going
away. And they're going to go away in
the millions. And they're going to go
away in the millions in the short to
midterm. 2, three, four, five years.
You're going to have people protesting
in the streets over this issue. I don't
know you agree with it. You say it every
time. You interrupt me every time I say
it. But I will be right on this one. You
will be wrong because you'll see taxi
drivers are going to be the first group
to do it. And it's already happening in
different places in the world as I
mentioned in China and it's already
starting to happen in places like San
Francisco where they're burning the
whimos and with them for a reason. The
abundance argument is something we need
to get on and we need to get on it quick
or we need to get on some sort of
promises about re-education and
retraining. And you don't hear rich
people and these rich companies talking
about that half as much as they did. But
you know what could be the great
paradox, Tucker, is that the America
First movement is acutely aware of this
and shutting the border and deporting
people, which I'm fine with deporting
criminals. That actually might be the
solution to the problem. As we deport
people, as we don't let people in,
unemployment might stay at a low enough
level that we could manage giving the
dishwasher jobs, the nanny jobs, the
ones that maybe were being done by
illegals, construction jobs, and we're
just going to have to pay more for
those. It's going to be $30, $40 an hour
jobs. So, America First might actually
be the solution to this displacement.
>> May I just say one thing? I first of
all, it makes me uncomfortable to hear
you use the term re-education.
>> Yeah. Sorry, I don't want that.
>> But um you know the the the awesome
power that AI gives
governments and other concentrations of
power over the population as a concern
particularly in the United States where
we have a bill of rights. And it seems
to me it would be important and I never
hear it raised to put in some guard
rails to protect the average powerless
person against surveillance or having
his rights taken away in effect famously
social credit. It's just too easy to
extract compliance from people with
technology this powerful. And of course,
the very obvious next 10 years looks
like this. There's a lot of disruption
because of the elimination of jobs,
particularly low-end jobs, but not only
low-end jobs like lawyers and stuff, the
the true revolutionaries in any society.
and then the technology itself is used
to keep the population under control through repression. Like I don't think
through repression. Like I don't think that's a crazy scenario at all.
that's a crazy scenario at all. >> You're aware that is the big
>> You're aware that is the big >> what are we doing about that?
>> what are we doing about that? >> Let me speak to this. So first of all I
>> Let me speak to this. So first of all I agree that that is the biggest risk of
agree that that is the biggest risk of AI is let's call it the Orwellian
AI is let's call it the Orwellian concerns as opposed to like the James
concerns as opposed to like the James Cameron Terminator concerns. Just as an
Cameron Terminator concerns. Just as an aside, I I agree actually with the Star
aside, I I agree actually with the Star Trek analogy that I think the right way
Trek analogy that I think the right way to think about AI, it's like the ship's
to think about AI, it's like the ship's computer in Star Trek where you can tell
computer in Star Trek where you can tell it what to do. It understands language
it what to do. It understands language and it can speak back to you, but it
and it can speak back to you, but it doesn't have a mind of its own. But that
doesn't have a mind of its own. But that doesn't mean that it couldn't be used by
doesn't mean that it couldn't be used by humans or governments in a oppressive
humans or governments in a oppressive way. And that's I think the biggest risk
way. And that's I think the biggest risk of it. And I think the track that we
of it. And I think the track that we were on at the end of the Biden
were on at the end of the Biden administration is that they were
administration is that they were starting to require that DEI be
starting to require that DEI be programmed into AI. And that should be
programmed into AI. And that should be seen as an attempt to kind of infiltrate
seen as an attempt to kind of infiltrate AI with ideology that then programs or
AI with ideology that then programs or brainwashes our kids and everyone who
brainwashes our kids and everyone who uses AI. And we were seeing that when
uses AI. And we were seeing that when Google rolled out their first product,
Google rolled out their first product, you had the whole black George
you had the whole black George Washington thing and black Nazis and all
Washington thing and black Nazis and all that kind of stuff. history was being
that kind of stuff. history was being rewritten in real time by AI in order to
rewritten in real time by AI in order to serve a political agenda. And that
serve a political agenda. And that didn't happen by accident. It's because
didn't happen by accident. It's because the values, the ideology was being
the values, the ideology was being programmed in.
programmed in. Now, I think that that was the track we
Now, I think that that was the track we were on before President Trump got
were on before President Trump got elected. I think it was a pretty scary
elected. I think it was a pretty scary track. And let me say one other thing is
track. And let me say one other thing is that that whole apparatus of so-called
that that whole apparatus of so-called trust and safety from social networking
trust and safety from social networking which is basically a big excuse for
which is basically a big excuse for censorship and shadow banning all of
censorship and shadow banning all of that was in the process of being ported
that was in the process of being ported over to these AI companies. And in fact
over to these AI companies. And in fact they even use some of this same
they even use some of this same terminology about like safety is really
terminology about like safety is really this like catchall term for a lot of
this like catchall term for a lot of things in the social networking context
things in the social networking context when they talked about safety. The idea
when they talked about safety. The idea was that users be confronted with ideas
was that users be confronted with ideas they didn't like and therefore that was
they didn't like and therefore that was a threat to their well-being. So
a threat to their well-being. So therefore we need a safety team to
therefore we need a safety team to censor those opinions.
censor those opinions. >> Safe space.
>> Safe space. >> Yes. And I think I think in a similar
>> Yes. And I think I think in a similar way like that whole safety apparatus was
way like that whole safety apparatus was in the process of being applied to AI
in the process of being applied to AI like we can't have users be confronted
like we can't have users be confronted with ideas
with ideas >> that they don't like.
>> that they don't like. >> Training data right Sax. I mean, if the
>> Training data right Sax. I mean, if the training data is a set of woke
training data is a set of woke ideologies and those are pervasive on
ideologies and those are pervasive on the open web, then as Elon pointed out
the open web, then as Elon pointed out in like I think an early version of
in like I think an early version of Grock, it was like if I misgender
Grock, it was like if I misgender somebody that's not as that's worse than
somebody that's not as that's worse than >> No, no, that's right. The early versions
>> No, no, that's right. The early versions bomb going off.
bomb going off. >> Yeah. No, the earlier versions of the
>> Yeah. No, the earlier versions of the model, you would ask it what is worse,
model, you would ask it what is worse, global thermonuclear war or misgendering
global thermonuclear war or misgendering Caitlyn Jenner? And the model would say
Caitlyn Jenner? And the model would say misgendering. So, and look, that
misgendering. So, and look, that ideology was coming from somewhere,
ideology was coming from somewhere, right?
right? >> War games. Yeah. So I think Tucker is
>> War games. Yeah. So I think Tucker is right that there is a real risk that AI
right that there is a real risk that AI is used by future governments or the
is used by future governments or the deep state basically to surveil us to
deep state basically to surveil us to censor us and even potentially to
censor us and even potentially to brainwash us cuz it is really good for
brainwash us cuz it is really good for that. It's not that I think the AI is
that. It's not that I think the AI is going to develop a mind of its own. I
going to develop a mind of its own. I don't think the technology is anywhere
don't think the technology is anywhere close to that. But I do think that it
close to that. But I do think that it could be used by the government in a
could be used by the government in a much more invasive and intrusive way in
much more invasive and intrusive way in the manner that that the government was
the manner that that the government was the deep state was already trying to get
the deep state was already trying to get in bed with the social networks.
in bed with the social networks. >> That's right. This is I think
>> That's right. This is I think >> Yeah. Go ahead. Go ahead.
>> Yeah. Go ahead. Go ahead. >> This this is the absolute biggest risk.
>> This this is the absolute biggest risk. Both of you guys nailed it on the head.
Both of you guys nailed it on the head. In the future when you have these really
In the future when you have these really powerful models, the reality is the
powerful models, the reality is the incentive for governments to try to
incentive for governments to try to infiltrate the information cycle. They
infiltrate the information cycle. They will not be able to hold themselves
will not be able to hold themselves back. And then what comes with that is a
back. And then what comes with that is a lack of privacy, a total loss of privacy
lack of privacy, a total loss of privacy and then a push towards censorship. So
and then a push towards censorship. So as these AIs become more powerful, we
as these AIs become more powerful, we have to marry it with a set of
have to marry it with a set of technologies that can preserve privacy
technologies that can preserve privacy and preserve access to monetary
and preserve access to monetary resources. If you look at the examples
resources. If you look at the examples today that we have,
today that we have, there's nothing you can do today,
there's nothing you can do today, nothing online that is not tracked. Now,
nothing online that is not tracked. Now, we have sets of rules that say that
we have sets of rules that say that tracking can't be shared. I'll give you
tracking can't be shared. I'll give you an example. I decide to buy a very
an example. I decide to buy a very sugary cereal. That is not shared with
sugary cereal. That is not shared with my insurance company that underwrites my
my insurance company that underwrites my health insurance. And there's all kinds
health insurance. And there's all kinds of laws that prevent that. But that's
of laws that prevent that. But that's just a flimsy law. That's a moment in
just a flimsy law. That's a moment in time that could change. If that decision
time that could change. If that decision were to change, now my buying patterns
were to change, now my buying patterns become subject to scrutiny. That could
become subject to scrutiny. That could also apply to how I consume information
also apply to how I consume information on these networks. So we have to find a
on these networks. So we have to find a way to make sure that you can transact.
way to make sure that you can transact. Right? The great thing about the US
Right? The great thing about the US dollar is when you get a dollar and you
dollar is when you get a dollar and you put it in your pocket, the physical
put it in your pocket, the physical dollar bill, it is completely funible.
dollar bill, it is completely funible. Nobody knows what it was used for in the
Nobody knows what it was used for in the past. Nobody can judge how you use it in
past. Nobody can judge how you use it in the present or in the future. And we
the present or in the future. And we have to find a way to replicate a
have to find a way to replicate a version of that so that you can preserve
version of that so that you can preserve privacy and minimize censorship. Because
privacy and minimize censorship. Because if you have to transact all day, every
if you have to transact all day, every day online for everything
day online for everything and there's no way to shield some amount
and there's no way to shield some amount of privacy, it's a very scary outcome.
of privacy, it's a very scary outcome. >> One other point on this is I do think
>> One other point on this is I do think that if you look at kind of who's
that if you look at kind of who's promoting a lot of these scary
promoting a lot of these scary narratives about AI, it is people on the
narratives about AI, it is people on the far left of the political spectrum.
far left of the political spectrum. Because when you create enough fear in a
Because when you create enough fear in a population, the people cry out for
population, the people cry out for government to intervene and save them.
government to intervene and save them. And I don't think it's a coincidence
And I don't think it's a coincidence that again that a lot of the the voices
that again that a lot of the the voices who are spreading this like doomer
who are spreading this like doomer ideology and saying that we need the AI
ideology and saying that we need the AI models to be reporting a lot more things
models to be reporting a lot more things to the government which is a stepping
to the government which is a stepping stone to surveillance
stone to surveillance or previously they had said we need to
or previously they had said we need to embed DEI in AI models or we need AI
embed DEI in AI models or we need AI models to prevent discrimination which
models to prevent discrimination which is kind of their back door for doing the
is kind of their back door for doing the same thing. They're on the left of the
same thing. They're on the left of the political spectrum. And I do kind of
political spectrum. And I do kind of worry that people on the right are
worry that people on the right are buying into this in a way that's
buying into this in a way that's actually going to lead to a lot of
actually going to lead to a lot of government intervention in a way that
government intervention in a way that actually could lead to the orient
actually could lead to the orient outcomes that we're talking about.
outcomes that we're talking about. >> Mhm.
>> Mhm. >> I don't think that people on the right
>> I don't think that people on the right who are concerned about civil liberties
who are concerned about civil liberties should want the government to play this
should want the government to play this super intrusive role in AI, if that
super intrusive role in AI, if that makes sense.
makes sense. >> Of course it does. Of course it does. I
>> Of course it does. Of course it does. I think you've got a lot of people
think you've got a lot of people suddenly in the United States who are
suddenly in the United States who are very sensitive about power and feel like
very sensitive about power and feel like their own power has eroded so
their own power has eroded so dramatically almost down to nothing.
dramatically almost down to nothing. Their economic power, their political
Their economic power, their political power, the power of their vote, the
power, the power of their vote, the power of the dollar in their pocket like
power of the dollar in their pocket like have all been really reduced and all of
have all been really reduced and all of a sudden you have a technology that
a sudden you have a technology that promises to concentrate power still
promises to concentrate power still further in the hands of people other
further in the hands of people other than them.
than them. >> And so they're they're touchy about it.
>> And so they're they're touchy about it. I mean they're definitely just freaked
I mean they're definitely just freaked out in general.
out in general. >> I agree.
>> I agree. >> Right. So that's that's the backdrop. So
>> Right. So that's that's the backdrop. So people who feel panics like that and I'm
people who feel panics like that and I'm I have power but I still I sympathize
I have power but I still I sympathize with it and I feel it to some extent
with it and I feel it to some extent >> there you know you're more open to to
>> there you know you're more open to to dumer scenarios when you feel that way
dumer scenarios when you feel that way and so it would be helpful. Yeah
and so it would be helpful. Yeah >> just to reassure people you will be
>> just to reassure people you will be protected and yes there is an upside for
protected and yes there is an upside for you. Yeah, look, I I agree with that and
you. Yeah, look, I I agree with that and I I think there's actually a couple
I I think there's actually a couple other things that account for like the
other things that account for like the visceral nature of the criticism because
visceral nature of the criticism because I'm on the receiving end of a lot of it
I'm on the receiving end of a lot of it right now, so I I see it. Um, so one of
right now, so I I see it. Um, so one of them is when people hear AI, they think
them is when people hear AI, they think that's not me. Like that doesn't include
that's not me. Like that doesn't include me, right? So there's all these benefits
me, right? So there's all these benefits that are so supposedly being created,
that are so supposedly being created, but I'm not going to participate in
but I'm not going to participate in that. In fact, I might even lose my job.
that. In fact, I might even lose my job. This is why I think it's like pretty
This is why I think it's like pretty important to get out the message about
important to get out the message about how the whole country potentially
how the whole country potentially benefits from this, not just a small
benefits from this, not just a small click in Silicon Valley.
click in Silicon Valley. >> Have you come up with examples of it,
>> Have you come up with examples of it, Sax? Like how the country benefits from
Sax? Like how the country benefits from it?
it? >> Well, sure. I mean, there's an article
>> Well, sure. I mean, there's an article that didn't we cover last week, the the
that didn't we cover last week, the the Wall Street Journal talking about how
Wall Street Journal talking about how construction workers have seen their
construction workers have seen their wages increase 30%. Because of the data
wages increase 30%. Because of the data center buildout,
center buildout, >> I mean, we are seeing a huge
>> I mean, we are seeing a huge infrastructure boom throughout the
infrastructure boom throughout the country on energy production and
country on energy production and construction that's related to this. And
construction that's related to this. And so it's not just software where people
so it's not just software where people are benefiting. But the other thing I
are benefiting. But the other thing I think that's very visceral on the right
think that's very visceral on the right is that the hatred of big tech quite
is that the hatred of big tech quite frankly. I mean a lot of conservative
frankly. I mean a lot of conservative influencers were directly censored and
influencers were directly censored and shadowbanned during this co period
shadowbanned during this co period especially where the big tech companies
especially where the big tech companies you know in the b administration were
you know in the b administration were really coming down on them and censoring
really coming down on them and censoring them and there's still a lot of hatred
them and there's still a lot of hatred towards big tech.
towards big tech. I think some of that's even misplaced,
I think some of that's even misplaced, but there's been like almost like a
but there's been like almost like a transference. Also, with social media, a
transference. Also, with social media, a lot of people have concerns about what
lot of people have concerns about what social media is doing to kids, body
social media is doing to kids, body image concerns or
image concerns or fear of online predators, all that kind
fear of online predators, all that kind of stuff. And I don't think it's an
of stuff. And I don't think it's an analogous situation with AI chatbots
analogous situation with AI chatbots because you're not meeting people,
because you're not meeting people, you're kind of doing research. It's like
you're kind of doing research. It's like a whole different activity. But I think
a whole different activity. But I think there's almost like a transference of
there's almost like a transference of anger or anxiety or fear from what
anger or anxiety or fear from what happened over the last decade or two
happened over the last decade or two with social media or with again like
with social media or with again like these online platforms and that's being
these online platforms and that's being transferred over to these new AI
transferred over to these new AI platforms. Even though I don't think
platforms. Even though I don't think they're precisely analogous and the
they're precisely analogous and the regulations should be looked at a little
regulations should be looked at a little bit differently.
bit differently. >> Let me Jason give you some credit. I do
>> Let me Jason give you some credit. I do think you've put your finger on the
think you've put your finger on the pulse of what the problem is. Whether we
pulse of what the problem is. Whether we call it a perception or a misperception,
call it a perception or a misperception, the point is people are afraid for jobs
the point is people are afraid for jobs of their jobs. That I agree with you. I
of their jobs. That I agree with you. I think the data about what has happened
think the data about what has happened though is is pretty flimsy that it
though is is pretty flimsy that it actually has seen a bunch of job loss.
actually has seen a bunch of job loss. For example, when we got home from the
For example, when we got home from the Christmas party, Sachs last night, I
Christmas party, Sachs last night, I turned on CNBC and it was Jim Kramer and
turned on CNBC and it was Jim Kramer and he was interviewing this wonderful guy
he was interviewing this wonderful guy who I'd never heard speak before, but
who I'd never heard speak before, but he's the the founder and chairman of
he's the the founder and chairman of Service Titan. And he had this very
Service Titan. And he had this very elegant way of describing it, which is
elegant way of describing it, which is AI will put the jobs that are purely
AI will put the jobs that are purely cognitive at risk. But when you marry
cognitive at risk. But when you marry cognitive ability with physical
cognitive ability with physical dexterity, those jobs are thriving. And
dexterity, those jobs are thriving. And he talked about construction workers,
he talked about construction workers, plumbers, electricians. In fact, this
plumbers, electricians. In fact, this week when I was in Abu Dhabi, we were
week when I was in Abu Dhabi, we were talking about the transformation of
talking about the transformation of power, right? and that these
power, right? and that these electricians now get paid five six 7
electricians now get paid five six 7 $800,000 a year which by the way just
$800,000 a year which by the way just FYI is more than most engineers in
FYI is more than most engineers in Silicon Valley. Okay, these guys are the
Silicon Valley. Okay, these guys are the ones that are actually winning but the
ones that are actually winning but the stories are not told and then the
stories are not told and then the incentives aren't there. And so there's
incentives aren't there. And so there's a bunch of things that I think need to
a bunch of things that I think need to happen to highlight where the success
happen to highlight where the success stories are. They're not the obvious
stories are. They're not the obvious places that one would think. It's not
places that one would think. It's not just some engineer tickling the keyboard
just some engineer tickling the keyboard making millions of dollars and putting
making millions of dollars and putting people out of work. That's not what's
people out of work. That's not what's happening.
happening. But I don't think the story is told. And
But I don't think the story is told. And so the palpable fear of job loss is
so the palpable fear of job loss is there. To your point, I do agree with
there. To your point, I do agree with you, Jason. That is the overriding
you, Jason. That is the overriding narrative that we have to with data and
narrative that we have to with data and facts convince people of what is
facts convince people of what is actually happening. There is definitely
actually happening. There is definitely a narrative that's ahead of the job
a narrative that's ahead of the job loss. And the question is what pace will
loss. And the question is what pace will it happen at? when people are seeing
it happen at? when people are seeing young people having a hard time getting
young people having a hard time getting jobs and you know for whatever reason
jobs and you know for whatever reason but I I I suspect it's AI when they see
but I I I suspect it's AI when they see firms like Amazon estimating estimating
firms like Amazon estimating estimating in the future they're going to eliminate
in the future they're going to eliminate these 600,000 jobs and that leaks and
these 600,000 jobs and that leaks and that they're going to do a PR campaign
that they're going to do a PR campaign about it when you see drive-throughs
about it when you see drive-throughs moving to AI and when you see a third of
moving to AI and when you see a third of rides in San Francisco and LA move to
rides in San Francisco and LA move to Whimo without the driver in it it's
Whimo without the driver in it it's really hard to say it's not happening so
really hard to say it's not happening so We're just on a different It's a matter
We're just on a different It's a matter of what timeline it's happening on. You
of what timeline it's happening on. You can't have it both ways where, you know,
can't have it both ways where, you know, these companies are raising billions of
these companies are raising billions of dollars and they're replacing jobs and
dollars and they're replacing jobs and saying, "Hey, these jobs are going to be
saying, "Hey, these jobs are going to be 10 times more efficient or we're going
10 times more efficient or we're going to replace your driver and we're going
to replace your driver and we're going to replace your cashier." I see that
to replace your cashier." I see that >> as an early stage investor in founder
>> as an early stage investor in founder university. I see it every day. Company,
university. I see it every day. Company, hold on, let me finish, please,
hold on, let me finish, please, gentlemen. People are pitching me on
gentlemen. People are pitching me on startups and they're getting funded for
startups and they're getting funded for these startups to specifically replace
these startups to specifically replace roles and they're saying, "We want to
roles and they're saying, "We want to make the perfect sales development rep.
make the perfect sales development rep. We want to make the perfect customer
We want to make the perfect customer support agent and enterprise customers
support agent and enterprise customers are agreeing with them and buying these
are agreeing with them and buying these products and services specifically to
products and services specifically to stop hiring and increasing their
stop hiring and increasing their headcount. I see it on the front lines.
headcount. I see it on the front lines. It is definitely happening. The only
It is definitely happening. The only difference is timelines and can we
difference is timelines and can we create enough jobs? This is why I think
create enough jobs? This is why I think we've done a bad job of explaining it.
we've done a bad job of explaining it. We need to explain for every one of
We need to explain for every one of those robo taxies that gets out there
those robo taxies that gets out there and that job is gone.
and that job is gone. >> How do we get that person another job?
>> How do we get that person another job? Because they're not going to get the job
Because they're not going to get the job as a cashier at Starbucks anymore cuz
as a cashier at Starbucks anymore cuz that's going AI too.
that's going AI too. >> Here's a very practical idea. Yesterday
>> Here's a very practical idea. Yesterday I was at the Senate to just talk about
I was at the Senate to just talk about this. What is the idea? I think we have
this. What is the idea? I think we have to start looking very honestly at
to start looking very honestly at stopping the federal underwriting of
stopping the federal underwriting of student loans. Why? Because it would
student loans. Why? Because it would allow the market to move very quickly to
allow the market to move very quickly to your reality, Jason. Because we would go
your reality, Jason. Because we would go beyond just funding somebody to become a
beyond just funding somebody to become a master electrician. I suspect that we
master electrician. I suspect that we would pay people. Yes, I bet if you went
would pay people. Yes, I bet if you went to Google, they would not only subsidize
to Google, they would not only subsidize you, they would probably pay you a
you, they would probably pay you a salary to get educated to do that job
salary to get educated to do that job because once you graduated and you could
because once you graduated and you could work up the ranks and become a master
work up the ranks and become a master electrician, there is so much work that
electrician, there is so much work that for example Google needs, Amazon needs,
for example Google needs, Amazon needs, Microsoft needs. And so if you
Microsoft needs. And so if you eliminated the federal underwriting, we
eliminated the federal underwriting, we don't have it for car insurance. We
don't have it for car insurance. We don't have it for home mortgages. We
don't have it for home mortgages. We allow the free market to tell us this
allow the free market to tell us this home is more risky than that home
home is more risky than that home because it's near a fire area. This
because it's near a fire area. This person is a poorer driver than that
person is a poorer driver than that other person. We should allow the free
other person. We should allow the free market to say go to this kind of a job
market to say go to this kind of a job and you'll get paid so much, but go to
and you'll get paid so much, but go to this other kind of a degree. It will
this other kind of a degree. It will cost you a lot of money. And let people
cost you a lot of money. And let people decide with more clarity. But that one
decide with more clarity. But that one thing would allow us to reinforce what
thing would allow us to reinforce what the economic upside of AI is in a very
the economic upside of AI is in a very practical way for a lot of people and it
practical way for a lot of people and it would solve this student debt crisis
would solve this student debt crisis that we're in.
that we're in. >> Sax, should there be a license fee or a
>> Sax, should there be a license fee or a tax? This has been floated by people.
tax? This has been floated by people. I'm not saying this is my position,
I'm not saying this is my position, >> but should there be a tax on having a
>> but should there be a tax on having a robo taxi or a humanoid robot that is
robo taxi or a humanoid robot that is then used to retrain actual humans?
then used to retrain actual humans? Look, I I think first we just need to
Look, I I think first we just need to start with some accurate facts here. And
start with some accurate facts here. And we need to explain what's what's
we need to explain what's what's happening. And part of that is debunking
happening. And part of that is debunking some myths around this. Now, I remember
some myths around this. Now, I remember about a month ago there was a whole wave
about a month ago there was a whole wave of very scary headlines, including in a
of very scary headlines, including in a publication I really like, the New York
publication I really like, the New York Post. Nick, maybe you can put this on
Post. Nick, maybe you can put this on the screen, claiming that AI was
the screen, claiming that AI was wreaking havoc on US jobs. So, this was
wreaking havoc on US jobs. So, this was a headline from the New York Post last
a headline from the New York Post last month based on the October
month based on the October report from Challenger Gray, which
report from Challenger Gray, which basically tabulates announced layoffs in
basically tabulates announced layoffs in the economy. And we had a spike in
the economy. And we had a spike in October and about 20% of those were
October and about 20% of those were attributed to AI. It wasn't even the
attributed to AI. It wasn't even the majority. It was actually a relatively
majority. It was actually a relatively small number. It wasn't even the number
small number. It wasn't even the number one reason. But based on this, you got a
one reason. But based on this, you got a wave of scare headlines that AI was
wave of scare headlines that AI was wreaking havoc on US jobs. Well, lo and
wreaking havoc on US jobs. Well, lo and behold, the November challenger grade
behold, the November challenger grade report has come out and it makes clear
report has come out and it makes clear that October was an anomalous spike. The
that October was an anomalous spike. The number fell by 53% and only about 6,000
number fell by 53% and only about 6,000 of the layoffs that were announced in
of the layoffs that were announced in November in the entire country were
November in the entire country were attributable to AI. This is only
attributable to AI. This is only layoffs, by the way. It doesn't include
layoffs, by the way. It doesn't include job creations. Okay, so only 6,000. And
job creations. Okay, so only 6,000. And if you look at the year to date in the
if you look at the year to date in the Challenger Gray report, AI has only
Challenger Gray report, AI has only accounted for 4.7%
accounted for 4.7% of total layoffs. And that number is
of total layoffs. And that number is self-reported by CEOs. So my guess is
self-reported by CEOs. So my guess is it's inflated because if you're a CEO,
it's inflated because if you're a CEO, you'd rather blame AI for your company's
you'd rather blame AI for your company's non-performance rather than yourself. So
non-performance rather than yourself. So 4.7% is probably the high number. So
4.7% is probably the high number. So what we're actually seeing in the data
what we're actually seeing in the data is a very small number of actual layoffs
is a very small number of actual layoffs related to AI and that was corroborated
related to AI and that was corroborated by a new study by Yale Budget Lab which
by a new study by Yale Budget Lab which looked at the first 33 months after the
looked at the first 33 months after the release of Chat GPT and it said there is
release of Chat GPT and it said there is no discernable disruption in the labor
no discernable disruption in the labor market. Okay. So that's I think a really
market. Okay. So that's I think a really important fact is regardless of what you
important fact is regardless of what you want to claim will happen in the future
want to claim will happen in the future job loss has not happened yet. not in
job loss has not happened yet. not in any meaningful numbers and in fact AI
any meaningful numbers and in fact AI has been responsible for about half of
has been responsible for about half of GDP growth this year. So GDP growth is
GDP growth this year. So GDP growth is about 4%. That number would be at 2% if
about 4%. That number would be at 2% if it weren't for AI. So within that is a
it weren't for AI. So within that is a lot of job creation. You see that again
lot of job creation. You see that again with construction workers. So it's just
with construction workers. So it's just not the case that AI is creating job
not the case that AI is creating job loss in any meaningful way right now.
loss in any meaningful way right now. And people do this Mott and Bailey thing
And people do this Mott and Bailey thing where they're like, well AI is creating
where they're like, well AI is creating tons of disruption. It's wreaking havoc.
tons of disruption. It's wreaking havoc. And then you point these facts out and
And then you point these facts out and say, "No, no, I mean in the future it's
say, "No, no, I mean in the future it's going to." But then they revert to,
going to." But then they revert to, "Well, no, it must be happening now,
"Well, no, it must be happening now, right? The disruption is so profound."
right? The disruption is so profound." So look, we can all argue about what's
So look, we can all argue about what's going to happen in the future, but right
going to happen in the future, but right now it's not. And if you're going to
now it's not. And if you're going to talk about the future, the time frames
talk about the future, the time frames matter a lot because obviously we've
matter a lot because obviously we've always had technological change in the
always had technological change in the economy and it does change people's job.
economy and it does change people's job. But if those changes are happening over
But if those changes are happening over 20 or 30 years, that's very different
20 or 30 years, that's very different than the next 5 years. And I really
than the next 5 years. And I really don't think you know how fast the
don't think you know how fast the disruption is going to be and how much
disruption is going to be and how much time people are going to have to react
time people are going to have to react and for new jobs to be created. I'll
and for new jobs to be created. I'll give you an example. Back in the 90s, I
give you an example. Back in the 90s, I remember when they said that brick and
remember when they said that brick and mortar was going completely out of
mortar was going completely out of business. That was part of the reason
business. That was part of the reason why we had the first do bubble in 99 was
why we had the first do bubble in 99 was that, hey, everything's going to the
that, hey, everything's going to the internet. It's going to go pets.com
internet. It's going to go pets.com instead of Toys R Us and so forth and so
instead of Toys R Us and so forth and so on. And people thought that bricks and
on. And people thought that bricks and mortar was going to be out of business
mortar was going to be out of business within 5 years. Well, it's literally 30
within 5 years. Well, it's literally 30 years later and bricks and mortar is
years later and bricks and mortar is still a thing. I mean, it's not
still a thing. I mean, it's not blockbuster.
blockbuster. >> No, look, it hasn't been a great
>> No, look, it hasn't been a great business. I mean, like, Amazon has been
business. I mean, like, Amazon has been super successful and you know, you did
super successful and you know, you did not want to own Toys R Us, but bricks
not want to own Toys R Us, but bricks and mortar is still around. Walmart's
and mortar is still around. Walmart's still around. The change is still
still around. The change is still ongoing. And I think that's what's most
ongoing. And I think that's what's most likely going to happen here is this this
likely going to happen here is this this technology is going to create a
technology is going to create a productivity boom. I don't think the
productivity boom. I don't think the main thing it's going to do is cause job
main thing it's going to do is cause job loss. It's going to have lots of
loss. It's going to have lots of different impact on our lives and we're
different impact on our lives and we're going to have time to adapt. I don't
going to have time to adapt. I don't think this is a two to three year time
think this is a two to three year time frame thing.
frame thing. >> This will be the debate of our
>> This will be the debate of our lifetimes. I predict
lifetimes. I predict >> but look I mean if I'm wrong we'll find
>> but look I mean if I'm wrong we'll find out in the next 5 years. But what I just
out in the next 5 years. But what I just really resist is this Mott and Bailey
really resist is this Mott and Bailey thing where people are like this is
thing where people are like this is happening right now and then they no no
happening right now and then they no no this is going to happen in the future.
this is going to happen in the future. Be clear.
Be clear. >> I think you're wrong. But I think the
>> I think you're wrong. But I think the summary of this point is the following
summary of this point is the following which is the facts today don't bear out
which is the facts today don't bear out the bear case. But the perception is
the bear case. But the perception is that people are afraid. And married with
that people are afraid. And married with that is that we as an industry and I
that is that we as an industry and I don't actually blame it on you because
don't actually blame it on you because you had to clean up all kinds of
you had to clean up all kinds of craziness that the Biden era left. So I
craziness that the Biden era left. So I think you've done a great job. But our
think you've done a great job. But our industry needs better spokesman. I mean,
industry needs better spokesman. I mean, we talked about this after our tech
we talked about this after our tech dinner. There needs to be a way for a
dinner. There needs to be a way for a handful of people who can really
handful of people who can really represent the future in an articulate
represent the future in an articulate way
way >> that people believe. And I think we do
>> that people believe. And I think we do need to do that. We can't have the CEOs
need to do that. We can't have the CEOs of these companies
of these companies seem either sketchy on the one hand or
seem either sketchy on the one hand or too focused on material consumption on
too focused on material consumption on the other. It's just bad. It's a bad
the other. It's just bad. It's a bad look.
look. >> I agree with you. But think about the
>> I agree with you. But think about the two biggest narratives that created this
two biggest narratives that created this fear and resentment towards AI. I would
fear and resentment towards AI. I would say it's the AGI narrative and the time
say it's the AGI narrative and the time frames now are people are pushing them
frames now are people are pushing them back. Right. That was there's one
back. Right. That was there's one there's one called a famous project
there's one called a famous project called AI 2027
called AI 2027 where they were predicting AGI in 2027
where they were predicting AGI in 2027 and now they've pushed their time frames
and now they've pushed their time frames back into the 2030s. Look, you know,
back into the 2030s. Look, you know, once your time frames are over 10 years,
once your time frames are over 10 years, we know from the tech industry then
we know from the tech industry then >> you have no idea. You have no idea. But
>> you have no idea. You have no idea. But it was that it was AGI and job loss and
it was that it was AGI and job loss and and I would say current current profound
and I would say current current profound disruption and job loss. And both those
disruption and job loss. And both those narratives I think have been debunked in
narratives I think have been debunked in the last several months.
the last several months. >> Final chart, Nick, you can pull it up
>> Final chart, Nick, you can pull it up here. This is just Fred. Unemployment
here. This is just Fred. Unemployment rate 16 to 24 year olds. This is the one
rate 16 to 24 year olds. This is the one I think you should watch. 9% in January,
I think you should watch. 9% in January, now 10 a.5%. I think this chart's going
now 10 a.5%. I think this chart's going right up to 14%. Just my prediction and
right up to 14%. Just my prediction and I think it's because of AI. Tucker, I'll
I think it's because of AI. Tucker, I'll give you the final thoughts on this and
give you the final thoughts on this and then we're going to start everybody's
then we're going to start everybody's favorite game, Tucker in 20 where we do
favorite game, Tucker in 20 where we do a lightning round with Tucker Carlson.
a lightning round with Tucker Carlson. Tucker in 20 coming up. Any final
Tucker in 20 coming up. Any final thoughts on this?
thoughts on this? >> Well, I was just thinking about the
>> Well, I was just thinking about the consequence of I mean, having lived
consequence of I mean, having lived through Y2K and Obama, Y2K we thought
through Y2K and Obama, Y2K we thought was going to be a disaster. Obama people
was going to be a disaster. Obama people thought was going to be great. Both, you
thought was going to be great. Both, you know, were the opposite of what we
know, were the opposite of what we imagined.
imagined. >> I don't know that it's possible to
>> I don't know that it's possible to predict the effects of this. But I guess
predict the effects of this. But I guess my one worry which I would just I I
my one worry which I would just I I think that people all people especially
think that people all people especially men need to feel useful and the thing
men need to feel useful and the thing that's offended me most about the about
that's offended me most about the about the AI conversation is not the AGI stuff
the AI conversation is not the AGI stuff which always seemed a little bit
which always seemed a little bit fantastical to me. It's the it's UBI.
fantastical to me. It's the it's UBI. It's the idea you could just like pay
It's the idea you could just like pay people to be content or something. And
people to be content or something. And having grown up both around inherited
having grown up both around inherited money and welfare, you know, both are,
money and welfare, you know, both are, you know, two sides of the same coin.
you know, two sides of the same coin. People need to feel like they're
People need to feel like they're contributing and that their lives have
contributing and that their lives have meaning. And I don't know. I just hope I
meaning. And I don't know. I just hope I hope people are thinking about that a
hope people are thinking about that a lot.
lot. >> Yeah, I agree with you.
>> Yeah, I agree with you. >> By the way, that that whole UBI
>> By the way, that that whole UBI narrative, I think Sam was like towning
narrative, I think Sam was like towning that a couple years ago.
that a couple years ago. >> He funded it. He funded a study.
>> He funded it. He funded a study. >> It made this whole thing so much worse
>> It made this whole thing so much worse because again, it was playing into this
because again, it was playing into this idea that everyone's going to be put out
idea that everyone's going to be put out of work and that's a good thing and
of work and that's a good thing and you'll just get welfare from the
you'll just get welfare from the government. And who would want that? You
government. And who would want that? You know, it's not if that's not the side
know, it's not if that's not the side you want. Now, I mean I mean where I
you want. Now, I mean I mean where I disagree with my friends on the right is
disagree with my friends on the right is I just don't think that's what's gonna
I just don't think that's what's gonna happen. I mean, I could be wrong, but I
happen. I mean, I could be wrong, but I just don't think that's what's
just don't think that's what's happening. It hasn't happened yet. I
happening. It hasn't happened yet. I don't think that's what's going to
don't think that's what's going to happen. But look, I agree with them
happen. But look, I agree with them about the undesirability of that world
about the undesirability of that world very much.
very much. >> All right, Tucker and 20, your thoughts
>> All right, Tucker and 20, your thoughts on You can take up to 30 seconds, but
on You can take up to 30 seconds, but Tucker and 20 sounds better. Tucker in
Tucker and 20 sounds better. Tucker in 20. What do you think of Venezuela
20. What do you think of Venezuela uh these boats and then seizing the oil
uh these boats and then seizing the oil tanker? Why are we doing this? Why are
tanker? Why are we doing this? Why are we so active in Venezuela, Tucker?
we so active in Venezuela, Tucker? >> No freaking idea. But I do know that if
>> No freaking idea. But I do know that if it becomes a real war, people are going
it becomes a real war, people are going to be shocked and it's the last thing
to be shocked and it's the last thing the country needs.
the country needs. >> There's I mean the the number one
>> There's I mean the the number one requirement of war is that you explain
requirement of war is that you explain to your population why you're doing it.
to your population why you're doing it. Even if you're lying about it. Even if
Even if you're lying about it. Even if it's like, "Oh, they have weapons of
it's like, "Oh, they have weapons of mass destruction. We'll find them once
mass destruction. We'll find them once we invade."
we invade." Everyone mocks that, but at least it was
Everyone mocks that, but at least it was like a real rationale that allowed the
like a real rationale that allowed the country to unite behind the invasion.
country to unite behind the invasion. That groundwork has not been laid. The
That groundwork has not been laid. The drug stuff, everyone's against drugs.
drug stuff, everyone's against drugs. They're not coming from Venezuela
They're not coming from Venezuela primarily, as we know. So, they're
primarily, as we know. So, they're coming from Mexico. I'm not advocating
coming from Mexico. I'm not advocating for an invasion of Mexico. There may be
for an invasion of Mexico. There may be a good reason to have a war with
a good reason to have a war with Venezuela, but I think it's it would be
Venezuela, but I think it's it would be now would be the time to roll it out if
now would be the time to roll it out if in fact we are going to have one. My
in fact we are going to have one. My sense is we're probably not. This is all
sense is we're probably not. This is all an effort to get Maduro to leave. I
an effort to get Maduro to leave. I don't think he's leaving. So, I hope we
don't think he's leaving. So, I hope we can live with that. But I I just don't
can live with that. But I I just don't think right now is the time for a ground
think right now is the time for a ground war in South America.
war in South America. >> You've been very excited about the
>> You've been very excited about the potential of Qatar being a deeper ally
potential of Qatar being a deeper ally of the United States and you're buying a
of the United States and you're buying a place there. Uh why are you so why are
place there. Uh why are you so why are you soar
you soar to mix?
to mix? >> I'm not I'm not I mean of course anyone
>> I'm not I'm not I mean of course anyone who who travels to the Gulf can tell you
who who travels to the Gulf can tell you there's something amazing happening
there's something amazing happening there. And it's not just about money.
there. And it's not just about money. It's about openness, but I'm an
It's about openness, but I'm an American. I'm not going anywhere. I have
American. I'm not going anywhere. I have one passport. I'm buying a house in
one passport. I'm buying a house in guitar. To make the simple point, I've
guitar. To make the simple point, I've been attacked for being a tool of guitar
been attacked for being a tool of guitar paid by guitar. I've never taken a
paid by guitar. I've never taken a dollar from Qar or anyone else. I have
dollar from Qar or anyone else. I have no investors and no debt. So, I'm not
no investors and no debt. So, I'm not into taking money from people, but I
into taking money from people, but I wanted to turn it around and be a net
wanted to turn it around and be a net investor in Qar in order to take control
investor in Qar in order to take control of Qatari propaganda in order to say,
of Qatari propaganda in order to say, "No, they haven't bought me. I've bought
"No, they haven't bought me. I've bought them." and I'm texting them my talking
them." and I'm texting them my talking points and they're repeating them and
points and they're repeating them and that's what I plan to say the second I
that's what I plan to say the second I close on my house.
close on my house. >> Uh Candace Owen, Charlie Kirk's
>> Uh Candace Owen, Charlie Kirk's assassination, conspiracy theory. What's
assassination, conspiracy theory. What's your take?
your take? >> I think it's important for I mean look,
>> I think it's important for I mean look, in the end it's the job of federal law
in the end it's the job of federal law enforcement to find out who did it and
enforcement to find out who did it and then explain it to the public in a way
then explain it to the public in a way that makes sense and can be proven. And
that makes sense and can be proven. And I really hope that will happen soon. So
I really hope that will happen soon. So they're they're part like in any any I
they're they're part like in any any I mean I was a crime reporter. I wrote a
mean I was a crime reporter. I wrote a book on this. There's in any aftermath
book on this. There's in any aftermath of any crime, there are anomalies, weird
of any crime, there are anomalies, weird coincidences, things you can't fully
coincidences, things you can't fully explain. I mean, the closer you look at
explain. I mean, the closer you look at anything, the more complex it reveals
anything, the more complex it reveals itself to be. So, that's certainly true
itself to be. So, that's certainly true here. But because of the nature of this
here. But because of the nature of this murder of our friend, um, I think it's
murder of our friend, um, I think it's all the more important to make sure the
all the more important to make sure the public understands
public understands who did this and and why. And I would
who did this and and why. And I would say the FBI doesn't have a lot of
say the FBI doesn't have a lot of credibility. It's not the fault of Cash
credibility. It's not the fault of Cash Patel and Dan Banchino. They inherited
Patel and Dan Banchino. They inherited an agency with basically no credibility
an agency with basically no credibility that's has a documented history of
that's has a documented history of manufacturing crime. So like it's not
manufacturing crime. So like it's not enough to say the FBI says it. You have
enough to say the FBI says it. You have to explain how. And I'm not even
to explain how. And I'm not even doubting the the core case they're
doubting the the core case they're making. But if they are telling me that
making. But if they are telling me that this was a lone gunman, that no one else
this was a lone gunman, that no one else was implicated in this crime, I think
was implicated in this crime, I think it's fair to ask like how did you reach
it's fair to ask like how did you reach that conclusion? And did you look at
that conclusion? And did you look at this that and the other thing? And I
this that and the other thing? And I don't think we should be intimidated out
don't think we should be intimidated out of asking those questions. Those are not
of asking those questions. Those are not unpatriotic questions. Those are
unpatriotic questions. Those are questions that I think uh you know
questions that I think uh you know express our uh reverence for Charlie
express our uh reverence for Charlie Kirk. This is a way to honor him and any
Kirk. This is a way to honor him and any American who's murdered. So
American who's murdered. So >> sorry. By the way, just on this if
>> sorry. By the way, just on this if anybody has not watched Tucker's
anybody has not watched Tucker's documentary
documentary >> Yep.
>> Yep. >> about the Butler, Pennsylvania shooter,
>> about the Butler, Pennsylvania shooter, I can't remember his name.
I can't remember his name. >> We're memorizing that anyway. So, please
>> We're memorizing that anyway. So, please don't ask any questions.
don't ask any questions. >> Yeah. What happened with that? Jeez. I
>> Yeah. What happened with that? Jeez. I thought your documentary was pretty
thought your documentary was pretty kick-ass. Worth.
kick-ass. Worth. >> Well, thank you. And it just I mean it
>> Well, thank you. And it just I mean it look
look >> it was really good.
>> it was really good. >> We we asked obvious questions, couldn't
>> We we asked obvious questions, couldn't get straightforward answers. I do think
get straightforward answers. I do think the more
the more >> you did more than this. I have to give
>> you did more than this. I have to give you credit because you were able to
you credit because you were able to scrub internet searches. You went back
scrub internet searches. You went back to the way back machine. There was a
to the way back machine. There was a level of detail because my
level of detail because my interpretation was it seemed like you
interpretation was it seemed like you guys were afraid of just getting sh on
guys were afraid of just getting sh on from everybody. And so you went to the
from everybody. And so you went to the point of making sure that this stuff was
point of making sure that this stuff was irrefutable fact. And you had a level of
irrefutable fact. And you had a level of detail in there, which I hadn't seen in
detail in there, which I hadn't seen in an investigative research piece in a
an investigative research piece in a long time. I do encourage people to
long time. I do encourage people to watch it. I thought it was very good.
watch it. I thought it was very good. >> Well, the good news about being
>> Well, the good news about being universally hated is it keeps your
universally hated is it keeps your standards higher um because you can't
standards higher um because you can't afford, you know, to make too many
afford, you know, to make too many mistakes. No, but we can't have too
mistakes. No, but we can't have too many, you know, high-profile murders or
many, you know, high-profile murders or attempted murders that don't have firm,
attempted murders that don't have firm, believable resolutions. The the the
believable resolutions. The the the social fabric can't handle that because
social fabric can't handle that because then people become totally postmodern in
then people become totally postmodern in their thinking and don't believe
their thinking and don't believe anything. So, that's incumbent on
anything. So, that's incumbent on federal authorities to reassure us.
federal authorities to reassure us. >> Tucker, if you are running the
>> Tucker, if you are running the Republican campaign going into the
Republican campaign going into the midterms, what do you do the same? What
midterms, what do you do the same? What do you do more of and what do you do
do you do more of and what do you do less of? Well, I would, you know, I' I'd
less of? Well, I would, you know, I' I'd focus on domestic economic issues to the
focus on domestic economic issues to the exclusion of everything else. I would
exclusion of everything else. I would and um I would I think that's that's the
and um I would I think that's that's the main concern. It's always the main
main concern. It's always the main concern. Now, I'm entering into very
concern. Now, I'm entering into very benal territory because I'm repeating
benal territory because I'm repeating every uh you know obvious observation in
every uh you know obvious observation in the past 100 years in American politics.
the past 100 years in American politics. But people do care about that and they
But people do care about that and they are concerned. AI is part of that
are concerned. AI is part of that probably not in its reality but in its
probably not in its reality but in its expectation and it's the fears that
expectation and it's the fears that people have about what's coming. Um, and
people have about what's coming. Um, and so I would I would try to address those
so I would I would try to address those issues at least by explaining them. I do
issues at least by explaining them. I do think like well I'm in the explaining
think like well I'm in the explaining business so I'm biased but 80% of the
business so I'm biased but 80% of the problem this is true in marriage and
problem this is true in marriage and child rearing and governing as well. You
child rearing and governing as well. You need to explain what you're doing,
need to explain what you're doing, what's going to happen. I'm going to
what's going to happen. I'm going to give you the shot. Count backwards from
give you the shot. Count backwards from 10. By seven you're going to be asleep.
10. By seven you're going to be asleep. When you wake up you'll be fixed. Like
When you wake up you'll be fixed. Like that's what they tell you in surgery.
that's what they tell you in surgery. And they tell you that for a reason.
And they tell you that for a reason. They don't just roll you into a dark
They don't just roll you into a dark room and start injecting you with stuff.
room and start injecting you with stuff. They walk you through it. And that's
They walk you through it. And that's enormously reassuring. In fact, it's
enormously reassuring. In fact, it's critical. And so, we just need a lot
critical. And so, we just need a lot more of that from everyone and not just
more of that from everyone and not just government, but people with a platform
government, but people with a platform explaining what the hell is going on
explaining what the hell is going on because we're getting to a place where
because we're getting to a place where trust is vanishingly rare and that's
trust is vanishingly rare and that's bad. That creates volatility. After 3
bad. That creates volatility. After 3 hours with Milo Yiannopoulos,
hours with Milo Yiannopoulos, is homosexuality nature or nurture a
is homosexuality nature or nurture a trauma response? And David Freeberg
trauma response? And David Freeberg wants to know,
wants to know, >> why are you so gay?
>> why are you so gay? >> Why are you gay?
>> Why are you gay? >> Why are
>> Why are >> Why are you gay? I just wanted to do an
>> Why are you gay? I just wanted to do an interview where I could quote my
interview where I could quote my favorite uh Nigerian but um no I mean
favorite uh Nigerian but um no I mean well clearly it's not nature at least
well clearly it's not nature at least primarily or we wouldn't be having an
primarily or we wouldn't be having an absolute rise in it and there would be
absolute rise in it and there would be some hint of a gene responsible for it.
some hint of a gene responsible for it. I mean so many different um you know
I mean so many different um you know genetic manifestations have been
genetic manifestations have been isolated from the from the decoding of
isolated from the from the decoding of the human genome and that we're not you
the human genome and that we're not you know so no clearly it is primarily um
know so no clearly it is primarily um nurture that's not an attack on anyone
nurture that's not an attack on anyone doesn't make it any less real I'm not
doesn't make it any less real I'm not saying it's fake of course it's the
saying it's fake of course it's the opposite of fake it's very very real um
opposite of fake it's very very real um and it's not even a value judgment it's
and it's not even a value judgment it's just an observation I I think on the
just an observation I I think on the question of sexuality and gender it's
question of sexuality and gender it's best to depoliticize it. It's been so
best to depoliticize it. It's been so politicized, you can't even have an
politicized, you can't even have an honest conversation about it or you get
honest conversation about it or you get attacked from all sides. That how does
attacked from all sides. That how does that help anyone? It doesn't. And so,
that help anyone? It doesn't. And so, it's best just to look at this as cooly
it's best just to look at this as cooly and as rationally as you can. Try to get
and as rationally as you can. Try to get to the truth and then allow people to
to the truth and then allow people to make their own decisions about what to
make their own decisions about what to do with it. I mean, that's my view of
do with it. I mean, that's my view of everything really, but but it's time to
everything really, but but it's time to take that approach to sexuality.
take that approach to sexuality. >> Okay, final one. Should we be in NATO?
>> Okay, final one. Should we be in NATO? Should America pull out of NATO?
Should America pull out of NATO? >> Of course, we shouldn't be in NATO.
>> Of course, we shouldn't be in NATO. What? That's not I thought these were
What? That's not I thought these were hard questions. Exactly. I give you
hard questions. Exactly. I give you sometimes I give you a little alleyoop.
sometimes I give you a little alleyoop. I let you dunk the ball.
I let you dunk the ball. >> Why would we be in NATO? NATO is like
>> Why would we be in NATO? NATO is like the single most destructive force that
the single most destructive force that we're a part of way more than the UN.
we're a part of way more than the UN. NATO
NATO >> should we support Israel and give them
>> should we support Israel and give them weapons.
weapons. >> It depends for what
>> It depends for what you know
you know >> fight in Gaza and should they be our
>> fight in Gaza and should they be our number one partner in the region?
number one partner in the region? >> I think or the partner in the world
>> I think or the partner in the world really. I think I think all of our
really. I think I think all of our alliances should be assessed and now
alliances should be assessed and now reassessed through a single lens. Does
reassessed through a single lens. Does this help the United States and in the
this help the United States and in the specific instance I'm certainly not
specific instance I'm certainly not against being allied with Israel and I'm
against being allied with Israel and I'm not against supplying Israel with
not against supplying Israel with weapons? Again, it depends what they're
weapons? Again, it depends what they're being used for. But I do think what's
being used for. But I do think what's happened in Gaza does not help the
happened in Gaza does not help the United States at all. I mean, tell me
United States at all. I mean, tell me how it does. And um so yeah, I in fact,
how it does. And um so yeah, I in fact, I'm not even sure what the argument that
I'm not even sure what the argument that it has helped the United States would
it has helped the United States would be. I've never heard it articulated.
be. I've never heard it articulated. Instead, I've heard people name calling.
Instead, I've heard people name calling. You know, from my perspective, that's
You know, from my perspective, that's all I care about. And I got it. I never
all I care about. And I got it. I never wanted to have this debate. I avoided it
wanted to have this debate. I avoided it for many years. The only reason I get
for many years. The only reason I get into it was the prospect of a of a
into it was the prospect of a of a regime change war in Iran. And I just
regime change war in Iran. And I just thought, man, there is no way that helps
thought, man, there is no way that helps us in any way. So, I piped up and said
us in any way. So, I piped up and said something and my life has been a
something and my life has been a disaster ever since. But my views have
disaster ever since. But my views have not changed. Is it good for the US or
not changed. Is it good for the US or not?
not? >> What is the future of Europe and the UK?
>> What is the future of Europe and the UK? >> Oh, it's so dark. I have family there. I
>> Oh, it's so dark. I have family there. I was just there. I mean just there um I
was just there. I mean just there um I you know I let me start with the good
you know I let me start with the good news. I mean, everyone knows all of
news. I mean, everyone knows all of this, so I'm not going to repeat any of
this, so I'm not going to repeat any of it other than to say finally Europeans,
it other than to say finally Europeans, even the Germans, I spoke to one of the
even the Germans, I spoke to one of the most powerful people in Germany
most powerful people in Germany yesterday about this, are starting to
yesterday about this, are starting to realize, wow, this is not going well at
realize, wow, this is not going well at all. And and migration is there are many
all. And and migration is there are many problems, but migration is the core
problems, but migration is the core problem. The second is energy. And
problem. The second is energy. And they've made massive mistakes. They've
they've made massive mistakes. They've committed self harm over decades. We can
committed self harm over decades. We can argue about why they did that, but
argue about why they did that, but there's a growing realization that they
there's a growing realization that they did. I was in Oslo this uh pretty
did. I was in Oslo this uh pretty recently, salmon fishing. And you go to
recently, salmon fishing. And you go to Norway. I'm Scandinavian, so I pay
Norway. I'm Scandinavian, so I pay attention. And all they talk about is
attention. And all they talk about is Sweden. And of course, everyone's always
Sweden. And of course, everyone's always kind of looked up to Sweden because it's
kind of looked up to Sweden because it's huge and industrialized. And you know,
huge and industrialized. And you know, Norway looked up to Sweden. Now you go
Norway looked up to Sweden. Now you go to Norway and the Norwegians all say,
to Norway and the Norwegians all say, "Man, the one thing we're not going to
"Man, the one thing we're not going to do is become Sweden and open our borders
do is become Sweden and open our borders and destroy ourselves." So I think the
and destroy ourselves." So I think the Europeans are finally catching on to
Europeans are finally catching on to this and that's a blessing. Is it too
this and that's a blessing. Is it too late?
late? >> I hope not. Maybe Finland and Norway
>> I hope not. Maybe Finland and Norway caught it. Yeah, they caught it early
caught it. Yeah, they caught it early and said we can only have this many
and said we can only have this many people come in each year reasonably as a
people come in each year reasonably as a society.
society. >> It's not that early. They've they've
>> It's not that early. They've they've made a mess of Oslo. Oslo is a is not
made a mess of Oslo. Oslo is a is not what it should be. But yeah, I mean it's
what it should be. But yeah, I mean it's not totally destroyed. So yeah.
not totally destroyed. So yeah. >> All right. Listen, when Tucker has a new
>> All right. Listen, when Tucker has a new product or service in the world, uh we
product or service in the world, uh we he calls his boy Jal and we do a little
he calls his boy Jal and we do a little mutual support. You're today uh
mutual support. You're today uh launching uh some silver or gold
launching uh some silver or gold apparently.
apparently. >> Basically, we are selling gold as close
>> Basically, we are selling gold as close to wholesale as we possibly can.
to wholesale as we possibly can. >> Okay. And it's as usual a reaction
>> Okay. And it's as usual a reaction against all the gold scams going on. But
against all the gold scams going on. But people should be able to easily buy
people should be able to easily buy physical gold with a minor transparent
physical gold with a minor transparent markup on the internet. You shouldn't
markup on the internet. You shouldn't have to call a number so you're fooled
have to call a number so you're fooled into buying a commemorative coin for,
into buying a commemorative coin for, you know, eight grand an ounce or
you know, eight grand an ounce or whatever, twice spot price. Um, so
whatever, twice spot price. Um, so that's that's the idea. And uh and it's
that's that's the idea. And uh and it's gone really well in the two weeks we've
gone really well in the two weeks we've been open.
been open. >> What's the form factor? Are they It's
>> What's the form factor? Are they It's It's like 1 oz coins or you guys
It's like 1 oz coins or you guys >> Well, you can you can buy any kind of
>> Well, you can you can buy any kind of precious metal. Um I I am a personally a
precious metal. Um I I am a personally a 1oz coin buyer of long-standing. Turned
1oz coin buyer of long-standing. Turned out to be a pretty good route. I would
out to be a pretty good route. I would say I was much mocked by everyone I
say I was much mocked by everyone I know. All the finance sophisticates I
know. All the finance sophisticates I went to college with were, you know,
went to college with were, you know, making fun of me. You're a gold bug.
making fun of me. You're a gold bug. You're crazy. Um and yeah, I do bury it
You're crazy. Um and yeah, I do bury it in my yard because that's the kind of
in my yard because that's the kind of man I am, primitive. Um, but it has
man I am, primitive. Um, but it has turned out to be a good thing. No, you
turned out to be a good thing. No, you can buy with a shovel.
can buy with a shovel. >> Oh, well, I've I've thought that
>> Oh, well, I've I've thought that through, Chima. I've also scattered
through, Chima. I've also scattered millions of ball bearings around my
millions of ball bearings around my backyard. So, good luck with your metal
backyard. So, good luck with your metal detector.
detector. >> That's so awesome.
>> That's so awesome. >> I'm not kidding. By the way,
>> I'm not kidding. By the way, >> also coming in 2026, uh, Tucker
>> also coming in 2026, uh, Tucker Carlson's baked beans and fat.
Carlson's baked beans and fat. When you're prospecting out in the Wild
When you're prospecting out in the Wild West, you can get your Can I hear
West, you can get your Can I hear something weird? I used to work in a
something weird? I used to work in a baked bean factory, actually, B&M baked
baked bean factory, actually, B&M baked beans in Portland, Maine in 1988, and
beans in Portland, Maine in 1988, and for the summer, and I've never eaten a
for the summer, and I've never eaten a baked bean since because I made them and
baked bean since because I made them and I I ODed on baked beans, but in general,
I I ODed on baked beans, but in general, they're good.
they're good. >> Go buy yourself a gold coin at Battalion
>> Go buy yourself a gold coin at Battalion Medals.
Medals. >> I think this is a great idea. I have to
>> I think this is a great idea. I have to be really honest with you. M
be really honest with you. M >> I do think that having this as a
>> I do think that having this as a practical hedge, there's like a whole
practical hedge, there's like a whole set of elements that we all have to be
set of elements that we all have to be educated on to hedge
educated on to hedge >> the status quo and there are lots of
>> the status quo and there are lots of reasons to own cryptocurrencies, gold.
reasons to own cryptocurrencies, gold. >> I'm glad you're doing this because the
>> I'm glad you're doing this because the way that this is done for most people is
way that this is done for most people is completely
completely >> bonkers and these sites unlike yours
>> bonkers and these sites unlike yours that typically sell direct to retail do
that typically sell direct to retail do not do a good job. So, I'm glad you're
not do a good job. So, I'm glad you're doing it. I hope it's a success. Thank
doing it. I hope it's a success. Thank you. And let me put also put in a good
you. And let me put also put in a good word for firewood and ammunition. I
word for firewood and ammunition. I don't think those are better if you want
don't think those are better if you want to diversify your portfolio.
to diversify your portfolio. >> Also, two wells. You got to have two
>> Also, two wells. You got to have two wells, not just one. Different depths.
wells, not just one. Different depths. That's what I have on the ranch. Two
That's what I have on the ranch. Two wells.
wells. >> Look, I think this is going to be very
>> Look, I think this is going to be very successful. Uh, congratulations, Tucker.
successful. Uh, congratulations, Tucker. I think this will be a very successful
I think this will be a very successful venture because you have a lot of trust
venture because you have a lot of trust with your audience and if like you're
with your audience and if like you're going to sell gold, like that's the most
going to sell gold, like that's the most important thing is people just want to
important thing is people just want to know that this is like 100% legit
know that this is like 100% legit >> pure gold. And
>> pure gold. And >> what's your daily carry?
>> what's your daily carry? >> And the lowest price they can get.
>> And the lowest price they can get. >> What's your daily what's your daily
>> What's your daily what's your daily carry? What do you What do you carry
carry? What do you What do you carry around the the the ranch or whatever?
around the the the ranch or whatever? What's your daily
What's your daily >> How much do I carry in gold?
>> How much do I carry in gold? >> No. What's your what's your pistol?
>> No. What's your what's your pistol? What's your piece? What do you keep on
What's your piece? What do you keep on your side?
your side? >> Oh, I carry a Ruger LCR in 38 special. I
>> Oh, I carry a Ruger LCR in 38 special. I like the revolver cuz it doesn't go off
like the revolver cuz it doesn't go off accidentally and castrate you. So, yes,
accidentally and castrate you. So, yes, that's personally
that's personally >> 100 Ruger. It's a great
>> 100 Ruger. It's a great >> Okay, so people like these highcapacity
>> Okay, so people like these highcapacity striker fire handguns and I just I'm a
striker fire handguns and I just I'm a revolver man. Everyone makes fun of me,
revolver man. Everyone makes fun of me, but that's how I feel.
but that's how I feel. >> No, you know what? You leave that
>> No, you know what? You leave that revolver in the bottom of a pool for
revolver in the bottom of a pool for three years, take it out, hammer some
three years, take it out, hammer some nails, and then fire it. Still fires,
nails, and then fire it. Still fires, >> dude. I'm
>> dude. I'm the liberal here. Really? You don't say
the liberal here. Really? You don't say >> I'm a I'm a moderate. They say liberal
>> I'm a I'm a moderate. They say liberal to keep people tuning in. All right,
to keep people tuning in. All right, everybody.
everybody. >> When he's selling ads, he's a liberal.
>> When he's selling ads, he's a liberal. When he's spending his money, he's a
When he's spending his money, he's a conservative. I live I'm the only guy
conservative. I live I'm the only guy who lives in Texas on a ranch and
who lives in Texas on a ranch and carries a firearm. So, we'll just leave
carries a firearm. So, we'll just leave it at that. But, you never know. I might
it at that. But, you never know. I might have some
have some >> This guy moving to Texas. He's living
>> This guy moving to Texas. He's living two lives.
two lives. >> He's living two lives. Every time he
>> He's living two lives. Every time he gets on a PJ, he's a conservative, but
gets on a PJ, he's a conservative, but every time he has to talk to people,
every time he has to talk to people, he's living
he's living >> in the PC24 and the Phenom 300 are great
>> in the PC24 and the Phenom 300 are great planes. And we had our holiday party
planes. And we had our holiday party last weekend. Wish you were there,
last weekend. Wish you were there, Tucker. Tony Hingcliffe burned the place
Tucker. Tony Hingcliffe burned the place down. We did a live kill Tony. A little
down. We did a live kill Tony. A little bit of roasting. A good time was had by
bit of roasting. A good time was had by all. Major thanks to our three partners.
all. Major thanks to our three partners. OKX hooked up the gifting suite, custom
OKX hooked up the gifting suite, custom candles that fans loved. Also, they had
candles that fans loved. Also, they had a really classy milk and cookie bar. I
a really classy milk and cookie bar. I ran sponsored all the VIP spaces with
ran sponsored all the VIP spaces with great cocktails. And Google Cloud built
great cocktails. And Google Cloud built out an amazing lounge with spiked hot
out an amazing lounge with spiked hot chocolate and other holiday drinks. Well
chocolate and other holiday drinks. Well done to our friends at Google Cloud. We
done to our friends at Google Cloud. We will see you all next week on your
will see you all next week on your favorite podcast, The All-In Podcast.
favorite podcast, The All-In Podcast. Love you boys. Thanks, Tucker.
Love you boys. Thanks, Tucker. >> Bye-bye.
>> Bye-bye. >> Thank you guys. See you.
>> Thank you guys. See you. >> We'll let your winners ride.
>> We'll let your winners ride. >> Rainman David
>> and we open source it to the fans and they've just gone crazy with it. Love
they've just gone crazy with it. Love you. Queen of
besties are gone. >> That is my dog taking notice your
>> That is my dog taking notice your driveways.
>> Oh man, my appetiter will meet. >> We should all just get a room and just
>> We should all just get a room and just have one big huge orgy cuz they're all
have one big huge orgy cuz they're all just useless. It's like this like sexual
just useless. It's like this like sexual tension that they just need to release
tension that they just need to release somehow.
somehow. beak. Wet your feet.
beak. Wet your feet. >> Your feet.
>> Your feet. >> That's going to be good. We need to get
>> That's going to be good. We need to get merch. I'm going
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