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Welcome. 
What I did was I went on to 

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technium a few minutes for we 
started recording and I looked 

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at the top, couple news stories 
on the 1st and the 15th of the 

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month so I figured I could get 
like, whatever the biggest story

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was beginning in the middle and 
then kind of scroll down to see 

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the long tail because usually 
they'll be like a big story and 

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then it Much of follow-ons. 
So that that was my process. 

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Okay, and I should disclose the 
top. 

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I this process is not very 
scientific and I missed a bunch 

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of things in it. 
That probably would be 

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considered the biggest stories 
of the year, which to me were, 

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but what I will not bring up our
the meme stalk, AMC, GameStop 

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that whole thing which happened 
this year. 

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And if you even remember that, 
that was a thing. 

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At the beginning of the year, I 
didn't get the capital riot. 

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Or Facebooks non role role in 
the organizing of that AT&T 

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spinning off were media and 
merging it with Discovery and 

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then Facebook name change to 
Metta. 

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We're all things that I just 
remembered having happened this 

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year but did not pick up in the 
technium, okay? 

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So just want me to go through 
the list and we can just Riff 

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on, whatever, whatever I come up
with. 

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Yeah, this is great. 
I mean, wow, this is most 

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productive 15 minutes. 
Yeah, right, well, I'll tell you

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what, I was not doing the thing 
that I get paid. 

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For okay. 
So so the thing that so, its 

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first of the year, biggest story
cyber hack sources, 

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investigators are checking, if 
solarwinds was hacked via its 

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offices, in check, Geo, Poland 
and Belarus where the company 

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moved, much of its engineering. 
So basic there was this giant 

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hacked. 
You remember this? 

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The solarwinds hack maybe Katie 
you do because that might have. 

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I do remember this? 
Yeah amazing. 

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Yeah, but if you would ask me 
what year, I And I don't know 

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that I would have said this 
year. 

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Yeah, it was a long time ago. 
Long ago. 

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Right? 
It was a huge hack though. 

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And I think Microsoft was like 
compromised. 

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Our does it. 
Yeah, I think Russia was 

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obviously involved. 
And so there was like, a lot of 

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hard talk between the incoming 
Biden Administration and Russia.

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Anyway, no one really remembers 
it now, but that was the biggest

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story in January January. 
Well, one of the reasons it was 

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a big deal is because solarwinds
was a subcontractor. 

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Basically two big tech 
companies. 

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So by hacking solarwinds it was 
like the hackers were able to 

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get into lots of different 
companies and it reminded the 

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federal government. 
A lot of other people that we 

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should be paying attention, not 
just to Microsoft and Google, 

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but all of the companies that 
they use to keep our data 

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secure, especially when the 
clients or people like federal 

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government agencies, right? 
Who are who were hacked by a 

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solar ones, right? 
And it's what I feel. 

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Like we've reached a point where
there are so many Things to be 

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worried about when it comes to 
the safety of our shit. 

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That I don't feel like my major 
hacks get a ton of play anymore.

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Yeah, because they happen so 
often sort of like, oh, what's 

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the big deal? 
But the thing is, is that, I 

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mean, yes, they happen all the 
time. 

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I can totally understand why 
people are having a hard time 

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like getting it getting 
interested in yet another hack. 

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But what they show is that big 
tech companies are now part of 

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the National Security apparatus.
So if you think about our 

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national Abilities. 
Yes a vulnerability. 

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Like yes flying a plane into a 
large building is still a 

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vulnerability that we're working
hard to make sure it never 

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happens again and yes, other 
sorts of attacks are 

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vulnerabilities that we want to 
never happen. 

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Here attacks on the subway 
etcetera, plate, things we've 

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seen in other countries, but 
hacks of major corporations and 

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of our critical infrastructure, 
our banking system are now also 

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National Security issues, but 
they're so sprawling. 

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Like the To surface is so huge. 
It's literally every person who 

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uses the internet who works for 
a major corporation that there's

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no way the government can plug 
the risk in the way they can 

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with say planes flying into a 
big building. 

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And so now it is literally up to
Corporate America to take care 

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of our national security. 
Okay, so January fit, I don't 

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know why this one caught my eye 
but Cameo hired like 10 

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different, Executives to work. 
There Cameo huge, pandemic. 

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Winner was raised. 
Raising, you know, hundreds of 

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millions this year. 
I think. 

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Anyway, that was a thing, right?
So it's like Cameo clubhouse, 

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right? 
Well, guess the clubhouse 

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because that's funny. 
So February 1st, Robin Hood 

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raises 2.4 billion from 
shareholders. 

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Just have to raise, a Robin Hood
raises, a shitload of money. 

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They're obviously one of the big
stories this year as we move 

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into the mean stocks thing and 
they also go public later in the

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year. 
So that was a big thing 

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beginning of February. 
So yeah. 

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So I had line from Ben Thompson 
in strata Curry. 

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Clubhouse which centralizes 
creation and consumption into a 

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feedback loop will do for audio.
What Twitter stories and 

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Tick-Tock did for text images 
and video? 

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Yeah. 
Sorry. 

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Ben didn't happen II? 
Do like, I mean, that already, 

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it's like clubhouses the story 
for the year. 

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I want to dig into that. 
I mean because it is quite it 

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has sort of the It's not quite a
meme stock, but there were a lot

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of influencers or rushing on 
their thinking, oh, I can sort 

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of, have a land grab, we had 
sort of Andreessen Horowitz, 

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trying to make it happen, it 
right. 

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It fit with the pandemic in 
that, we were all excited about 

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it because we were bored at home
and we totally forgotten what 

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real life Joy was like. 
And so happy to have sort of 

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this simulacrum of it with 
these. 

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We're all weird. 
Audio chat rooms. 

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I do think Clubhouse is a 
pretty, I mean, was it all time 

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in the pandemic? 
I mean, was it mostly this year,

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like, the, the the rise of 
Clubhouse, it launched before II

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think it was in. 
Yeah, I think it was basically, 

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the short of this winter or like
just before the springtime, 

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right? 
When people started talking 

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about the fact that Clubhouse 
wasn't going to make it because 

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the minute we could get out of 
our homes and do something else 

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we would. 
And so, you saw people being 

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like, That's ridiculous. 
Like, this is the most 

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compelling audio, but then by 
April, it was sort of less 

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exciting to be on clubhouse. 
I think I deleted the app. 

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So this was the fall of 
Clubhouse. 

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The rise of Clubhouse was 2020. 
Exactly. 

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I think it's a very it was the 
Omicron of trends like I think 

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it Rose and crashed fairly soon 
after right now. 

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Like it did. 
I remember when things were 

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getting real? 
Hot was like when What's his 

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name? 
Shriram and his wife were 

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hosting a weekly room in the 
evenings and that was when suck 

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showed up. 
And I think right? 

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Ilan showed up and when was that
I want to say beginning of this 

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year or something like Elon 
Musk, or right? 

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So he would show up in member. 
There was a little fight from 

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the journalist that were like 
Marc Andreessen banza, Elon Musk

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bus Clubhouse. 
Limit fan stream to YouTube was 

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February 20, 21. 
This is a this year story, I 

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write winner this year. 
We were going ballistic over. 

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We saw it Peak like in 
february/march. 

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Yeah, but basically by May when 
people were about starting to 

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get vaccinated and they were let
out of their homes, people had 

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stopped using it and then by 
June. 

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Remember the month, June, when 
the pandemic ended and we were 

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all happy. 
Nobody was on clubhouse in this 

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year. 
And that was kind of the end 

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Clubhouse. 
This is the your Clubhouse. 

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That's the most compelling so 
far. 

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All right, keep going. 
Yeah, okay, back to that. 

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Sure, as story about Lyme 
raising money, Honey, I'm going 

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to skip that slime scooter 
company. 

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This scooter is good skier. 
I mean it's hard. 

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It's not a good story the year 
because it feels very like 

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pandemic asterisk, like they 
were falling. 

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But then right, who knows? 
It's fine. 

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They're still around, which is 
more than I think, a lot of 

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people were expecting. 
I took one yesterday. 

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This is now getting into March. 
Every Apple Store in the u.s. is

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open for the first time, since 
March 2012, he starred in offer 

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in store shopping. 
Well, yeah. 

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Okay, March. 
Yeah. 

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Stripe raises 600 million from 
Sequoia and others that 

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evaluation of 95 billion dollars
becoming the most valuable 

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private company. 
In Silicon Valley, stripe is 

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going to go public, what next 
year. 

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Eric, that's the plan I ever. 
I mean, it's one of these 

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companies. 
People always say next year, but

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I do think that's likely. 
I mean, Chris sacca told me an 

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interview. 
He was getting offers on 

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secondary for, like, 200 
billion. 

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I mean, I think the story, You 
could say that it 2021 was not 

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the year of stripe because 
that's what stripe wanted. 

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I mean they get some news 
coverage with like Fast grants, 

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they're doing more charity 
stuff, but in some due to some 

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degree I think stripe is 
enormous company stripe is 

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enormous company for how little 
it gets covered. 

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Like I mean I would write well 
that's because think about what 

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they do. 
I mean that is not a compelling.

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It's a Selling company. 
And that it makes a lot of 

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money, but in terms of finding a
narrative, right? 

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I mean, I'm one of the people 
who should be writing about it 

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more, I think it's a big company
but it is sort of like what's, 

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what's the exciting story to 
write about striae sky's the 

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limit on valuation. 
They're disrupting VC, they've 

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got celebrity, you know, CEOs, 
right? 

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They do. 
Oh, that's right. 

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This film has a really nice. 
Yeah. 

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I like them or anyone, you know?
I mean they're, you know, 

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they're Charming. 
Irish Brothers. 

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They Are they very much are 
lovely? 

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Yeah there was a mini. 
There was a mini stripe. 

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It's funny that the stripe 
takedown occurred. 

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I think I just like Hacker News.
Someone complaining was they got

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there was one, they got offered 
a job basically by a recruiter 

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and then it got rescinded and 
their accusations that stripe 

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handled sort of, you know, had 
poor treatment of recruiters 

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some Outlet. 
Like I think I might've been 

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protocol stood up some of the 
accusations ins and one of the 

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Collison's went on Hacker News 
to respond but to I just think 

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it's an interesting case study 
because it's almost engineer's 

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have such strong opinions and 
like true hardcore, Silicon 

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Valley people. 
What was the what was the take 

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down? 
What happened to them? 

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Yeah, I miss that but they don't
treat recruiters very well. 

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Well, this guy said got 
recruited by stripe and then 

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they didn't give him the job 
like he was sort of ghosted and 

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it was just a poor experience. 
And then in the comments section

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of that, News Post. 
There were accusations that 

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stripe. 
Also like said they were going 

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to acquire companies and then 
didn't and it was just generally

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an argument that stripe has this
very glowing reputation but 

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actually the founders are sort 
of Ruthless that was but I don't

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know the truth of it but it was 
an interesting just like stripe 

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is a YC company and then Hacker 
News, which is owned by YC was 

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sort of the most aggressive anti
stripe. 

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Unity. 
I've never heard of anybody 

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running at enormous company and 
making it successful, who wasn't

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to some degree ruthless like 
which of the seat, like, right? 

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Anyway. 
Yeah, it's also there like a 

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giant backbone. 
Payment infrastructure, provider

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for the internet? 
Like you got to be kind of 

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Ruthless, you know? 
It's anyone. 

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Okay, Amazon April 1st says it 
expects. 

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Some employees are coming back 
to the office as early as this 

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summer and most of its half will
be back in the office. 

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This fall, very funny. 
There should be some analysis of

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the Of management just based on 
how wrong and their predictions 

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of returned to the office were 
like some of these companies. 

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The fact that they're like, 
telling people they're going to 

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return to the office when anyone
looking at. 

228
00:11:58,400 --> 00:12:00,000
It would know they're not coming
back on the dates. 

229
00:12:00,000 --> 00:12:02,800
They were setting. 
Like it's just like the best 

230
00:12:02,800 --> 00:12:07,100
proof point of who's like, a 
totally incompetent manager. 

231
00:12:07,200 --> 00:12:08,900
I mean, April 1st, they were 
rolling out. 

232
00:12:08,900 --> 00:12:13,000
The vax has at large, you know, 
it was, you know, this is 

233
00:12:13,000 --> 00:12:15,700
Amazon. 
No, I'm not saying specific to a

234
00:12:15,800 --> 00:12:17,800
Azana. 
We're just saying like all 

235
00:12:17,800 --> 00:12:20,300
these, all these places that 
were like, oh yeah, we're 

236
00:12:20,300 --> 00:12:24,500
definitely going to be back on X
date and then it would get so 

237
00:12:24,500 --> 00:12:27,100
close and then they'd wait like 
a week away and they'd be like, 

238
00:12:27,100 --> 00:12:29,300
yeah we're not we're not running
back then. 

239
00:12:29,400 --> 00:12:32,400
It's like what how do you make 
all your other decisions? 

240
00:12:32,400 --> 00:12:35,200
I will say it felt very strange 
as a reporter reporting on it 

241
00:12:35,200 --> 00:12:37,500
because you know, you want to 
make everything about like. 

242
00:12:37,500 --> 00:12:40,500
Oh here's what the big company 
is making its employees do and 

243
00:12:40,700 --> 00:12:42,700
really like their we're all 
subject. 

244
00:12:42,700 --> 00:12:44,500
We're all reading. 
The same news were subject to 

245
00:12:44,500 --> 00:12:47,500
the same whims of the Chris, as 
anyone else. 

246
00:12:47,500 --> 00:12:50,700
So it, they were strange stories
to write generally, because 

247
00:12:50,700 --> 00:12:52,100
there would always be tons of 
grumbling. 

248
00:12:52,100 --> 00:12:54,800
Like I wrote a lot about boober 
and they're and they're back to 

249
00:12:54,800 --> 00:12:57,900
office plans and it was like oh 
why is Uber forcing people to go

250
00:12:57,900 --> 00:13:01,000
back three days a week? 
And they had to change it to be 

251
00:13:01,000 --> 00:13:03,500
more flexible and in the end all
of its just been thrown up in 

252
00:13:03,500 --> 00:13:08,000
the air right but it does seem 
like anyone that I mean you know

253
00:13:08,000 --> 00:13:11,100
God God willing. 
This thing does wind down, I 

254
00:13:11,100 --> 00:13:13,800
don't know if the like 
extremists on coming back to the

255
00:13:13,800 --> 00:13:17,600
office will ever win. 
I Really think it's a lost 

256
00:13:17,600 --> 00:13:22,500
battle April 15th us sanctions 
Russia for 2020 election 

257
00:13:22,500 --> 00:13:27,200
interference and the solarwinds 
hack blacklisting 10 tech 

258
00:13:27,200 --> 00:13:29,700
companies. 
Okay, we talked about that. 

259
00:13:31,700 --> 00:13:34,100
Okay, for some reason I jumped 
all the way to June 1st just as 

260
00:13:34,100 --> 00:13:35,900
an aside. 
I feel like you could do this 

261
00:13:35,900 --> 00:13:39,000
whole thing and you it could 
have been 2020 and I would have 

262
00:13:39,000 --> 00:13:41,800
no, I'd like be okay. 
That was a sheer, I have no 

263
00:13:41,800 --> 00:13:44,700
sense of time. 
I just wrote a bunch of holiday 

264
00:13:44,700 --> 00:13:47,500
cards, you could Like we could 
do the whole episode. 

265
00:13:47,500 --> 00:13:50,500
It's like, oh shit. 
I was this was 2020 90. 

266
00:13:50,500 --> 00:13:53,600
Now my oh, wow, okay sure. 
I just want to throw it all 

267
00:13:53,600 --> 00:13:56,100
these holiday cards. 
I wrote saying here's to a great

268
00:13:56,100 --> 00:13:58,300
2020 was right. 
Yeah. 

269
00:13:58,600 --> 00:14:01,100
Right. 
It's like first of all it was 

270
00:14:01,100 --> 00:14:04,100
bullshit garbage as a hall like 
it happen bitch. 

271
00:14:04,100 --> 00:14:07,000
I know side to throw all of them
away it was just totally 

272
00:14:07,000 --> 00:14:09,500
forgotten. 
Yeah I know I think we will look

273
00:14:09,500 --> 00:14:13,100
back at 2021 as a completely 
forgotten year like thank well 

274
00:14:13,200 --> 00:14:15,100
2022. 
Well yeah because it you know 

275
00:14:15,100 --> 00:14:17,800
like this Slight bit of hello 
all the memories we made in 

276
00:14:17,800 --> 00:14:20,900
2021, that were so good. 
Yeah, well, there was that month

277
00:14:20,900 --> 00:14:23,800
member will least 2020 was 
unique, right? 

278
00:14:23,800 --> 00:14:26,400
It was like the early, I hope, 
everyone had a good June. 

279
00:14:26,600 --> 00:14:30,400
Yeah, I was, I that was when I 
had my vacation I could see like

280
00:14:30,800 --> 00:14:34,000
the waves slowly you know, in 
the distance and the Horizon 

281
00:14:34,000 --> 00:14:36,400
like making its way towards my 
life. 

282
00:14:37,000 --> 00:14:39,900
But for that moment it was fine,
I jumped to June for some 

283
00:14:39,900 --> 00:14:41,200
reason. 
When I did this a lot of the 

284
00:14:41,200 --> 00:14:42,900
world skipped over the spring 
went right to the. 

285
00:14:42,900 --> 00:14:44,900
Yeah, I don't even as we were 
getting the vax. 

286
00:14:47,200 --> 00:14:50,400
Antonio Garcia Martina said he 
did quote not part ways with 

287
00:14:50,400 --> 00:14:52,100
apple was fired in a snap 
decision. 

288
00:14:52,100 --> 00:14:54,800
And apple statement on his exit 
is defamatory and false. 

289
00:14:55,700 --> 00:14:57,000
You guys remember that whole 
thing? 

290
00:14:57,100 --> 00:14:59,500
Yeah. 
Well, that's another. 

291
00:14:59,500 --> 00:15:02,500
Yeah, I got cancelled culture. 
Another, they've got like much 

292
00:15:02,500 --> 00:15:04,100
like Clubhouse. 
It felt like it was going to be 

293
00:15:04,100 --> 00:15:06,800
the biggest thing, and I was 
like, who gives a fuck that gets

294
00:15:06,800 --> 00:15:09,800
us back Clubhouse, Wolk. 
Wolk - and Clubhouse are very 

295
00:15:09,800 --> 00:15:13,200
interrelated, like both, why 
reporters don't like it. 

296
00:15:13,200 --> 00:15:16,100
Why people don't go it. 
Sure member that was We need to,

297
00:15:16,100 --> 00:15:20,000
we need to moderate Clubhouse 
and Taylor Lorenz, like got all 

298
00:15:20,000 --> 00:15:23,000
the injuries and partners pissed
at her because she missed 

299
00:15:23,000 --> 00:15:25,800
misquote Edition Horowitz. 
Oh my God. 

300
00:15:25,800 --> 00:15:27,800
Yeah. 
Oh, that's right. 

301
00:15:27,800 --> 00:15:30,700
A lard. 
Yeah, that was like the worst 

302
00:15:30,800 --> 00:15:32,500
truly. 
I'm sorry. 

303
00:15:32,500 --> 00:15:35,300
I just like, when I think about 
the things that are destroying I

304
00:15:35,308 --> 00:15:38,100
just like, oh, can't like I'm 
just glad that. 

305
00:15:38,100 --> 00:15:40,800
We don't hear a lot about 
Clubhouse. 

306
00:15:40,800 --> 00:15:45,500
Cancel culture, and the teller 
Lorenz Andreessen Feud anymore. 

307
00:15:46,100 --> 00:15:50,500
And like frankly if you told me 
those things happened in 2020, I

308
00:15:50,500 --> 00:15:52,900
would have been like sure 2019 
whatever. 

309
00:15:52,900 --> 00:15:54,400
Yeah. 
It's a long time ago. 

310
00:15:54,700 --> 00:15:58,400
Yeah this one definitely feels 
like a million years ago and I 

311
00:15:58,400 --> 00:16:00,900
thought just to editorialize for
a second here. 

312
00:16:00,900 --> 00:16:04,400
Really stupid move by Apple like
like this was people complaining

313
00:16:04,400 --> 00:16:07,700
about a line that he had written
in a book like six years ago. 

314
00:16:07,800 --> 00:16:11,600
Oh, you're something that people
liked in wrote positively about.

315
00:16:11,600 --> 00:16:14,900
I mean, I know some of the 
reviews mentioned the sexism but

316
00:16:14,900 --> 00:16:17,400
it was he being a kid. 
Used of being sexist himself or 

317
00:16:17,400 --> 00:16:20,700
just being dutifully being a 
scribe. 

318
00:16:20,700 --> 00:16:25,600
And he describes his girlfriend 
in a sexist way as girlfriend in

319
00:16:25,600 --> 00:16:27,700
a book that he wrote like seven 
years ago. 

320
00:16:27,900 --> 00:16:31,400
Well so long you know like I'm 
not that's not that's not 

321
00:16:31,400 --> 00:16:32,700
something is going to keep me up
at night. 

322
00:16:32,700 --> 00:16:34,100
I'm so sorry. 
Yeah. 

323
00:16:34,500 --> 00:16:37,200
Well you just got you just got 
kicked out of the slack Apple 

324
00:16:38,000 --> 00:16:40,300
Community because that's where 
all this went down and then they

325
00:16:40,300 --> 00:16:43,800
all leaked it to The Verge. 
Slack is a slab, slack is a 

326
00:16:43,800 --> 00:16:45,700
monstrous company. 
That's what we learned. 

327
00:16:46,000 --> 00:16:49,600
In 2020, whatever the frick this
year is whatever this year is we

328
00:16:49,600 --> 00:16:52,900
learned slack is terrible. 
Slack is bad for people. 

329
00:16:52,900 --> 00:16:55,600
It's bad for companies. 
The only person slack is good 

330
00:16:55,600 --> 00:17:01,900
for is maxed Annie the right, 
the media's the media reporter 

331
00:17:01,900 --> 00:17:04,300
at The Daily Beast. 
You dogged slack reporter. 

332
00:17:04,300 --> 00:17:08,800
Yes slack slack Sleek to him so 
he can help help, cancel people,

333
00:17:08,800 --> 00:17:11,300
independent of whatever Max's 
particular view. 

334
00:17:11,300 --> 00:17:15,599
It was a fantastic reporter and 
I think we I think Should hire 

335
00:17:15,599 --> 00:17:18,000
him. 
I think we should hire Max 

336
00:17:18,000 --> 00:17:19,400
Danny. 
I've been on record saying that 

337
00:17:19,400 --> 00:17:23,200
so many times if only so you can
cover some other companies other

338
00:17:23,200 --> 00:17:24,800
than the New York Times. 
Yeah, I mean, the New York Times

339
00:17:24,800 --> 00:17:27,900
dominates the media be like, I 
mean, it's a headache. 

340
00:17:27,900 --> 00:17:31,700
Probably, you guys should just 
have all the top one, many hired

341
00:17:31,700 --> 00:17:33,600
Ben Smith. 
I mean, it's not that was 

342
00:17:33,600 --> 00:17:35,900
helpful true. 
Yeah, we're taking them out one 

343
00:17:35,900 --> 00:17:37,600
by one. 
Now, that I work at a place 

344
00:17:37,600 --> 00:17:40,400
where people leak the slacks 
from, I find it to be a strange 

345
00:17:41,000 --> 00:17:43,400
posture. 
It's like, oh, it's probably 

346
00:17:43,400 --> 00:17:46,000
getting out there. 
I just Imagine how mad I could 

347
00:17:46,000 --> 00:17:47,500
be at somebody. 
Yeah. 

348
00:17:47,500 --> 00:17:50,400
Like I would never be so mad 
that I'd be like, you know what?

349
00:17:50,400 --> 00:17:54,900
Fucker, I'm gonna screenshot 
your slack, the chaos monkeys 

350
00:17:54,900 --> 00:17:56,500
guy. 
I mean, the other thing, and 

351
00:17:56,500 --> 00:18:00,300
this has been said, but the 
chaos monkeys guy, you know, is 

352
00:18:00,300 --> 00:18:03,700
probably has more reach. 
Now, he has a sub stack. 

353
00:18:03,700 --> 00:18:07,200
He's totally in the opinion game
or as if he was at Apple, he 

354
00:18:07,200 --> 00:18:10,000
would have not been out there 
with like the views. 

355
00:18:10,000 --> 00:18:14,600
These people hate like, it's 
sort of the, you know, reaction 

356
00:18:14,900 --> 00:18:17,600
Is equal and opposite reaction. 
Are he? 

357
00:18:17,600 --> 00:18:19,600
Are he and the girlfriend still 
together? 

358
00:18:19,700 --> 00:18:21,600
I don't think they were together
at the time. 

359
00:18:21,600 --> 00:18:23,800
Probably not. 
I don't think, I don't think so.

360
00:18:23,800 --> 00:18:24,500
Yeah. 
Okay. 

361
00:18:24,600 --> 00:18:28,800
So and have you ever ever, ever 
before heard of a sexist, 

362
00:18:28,800 --> 00:18:30,700
mandating. 
A woman has ever happened 

363
00:18:30,700 --> 00:18:32,500
before. 
I hope not. 

364
00:18:32,700 --> 00:18:35,400
Oh my God. 
I mean, obviously, I know 

365
00:18:35,400 --> 00:18:36,900
nothing about the actual 
concert. 

366
00:18:37,000 --> 00:18:40,600
How else do they get girlfriend?
That's part of negging. 

367
00:18:40,600 --> 00:18:43,700
You gotta commit. 
I know nothing about the actual 

368
00:18:43,700 --> 00:18:46,700
controversy, so somebody's Gonna
be like, well, Katie actually, 

369
00:18:46,700 --> 00:18:48,800
it wasn't about the fact that he
was saying sexist things about 

370
00:18:48,800 --> 00:18:50,700
his girlfriend. 
It's about the fact that he was,

371
00:18:50,700 --> 00:18:53,400
you know, he was burying bodies 
in his backyard and then I will 

372
00:18:53,400 --> 00:18:56,200
feel bad because that my friends
that is illegal. 

373
00:18:56,500 --> 00:19:01,600
But if I think the idea. 
Yeah, well, look, if our 

374
00:19:01,600 --> 00:19:03,700
listeners have a problem with 
that, this is Katie's fault. 

375
00:19:03,700 --> 00:19:05,500
She could be the one canceled on
it. 

376
00:19:05,500 --> 00:19:09,000
She, I am waiting about Tom's 
description. 

377
00:19:09,800 --> 00:19:13,400
Katie is like, oh, I'm I'm right
if someone gets cancelled. 

378
00:19:13,400 --> 00:19:16,000
When really, the reason they're 
getting Canceled his for, not 

379
00:19:16,000 --> 00:19:18,300
the thing that's being said 
public, right? 

380
00:19:18,900 --> 00:19:21,500
That's the position. 
You and you alone, subscribe to 

381
00:19:21,500 --> 00:19:25,600
you're like you're like real 
politic of cancellation. 

382
00:19:25,600 --> 00:19:28,300
Like it doesn't matter. 
I just have no idea. 

383
00:19:28,300 --> 00:19:29,200
What was? 
I don't know. 

384
00:19:29,200 --> 00:19:32,100
It's a publicly. 
I think that Tom's description 

385
00:19:32,100 --> 00:19:34,800
of what was said Papa. 
Yeah, sounds very silly to me 

386
00:19:35,200 --> 00:19:39,200
because I, I guess like he just,
if he were the only sexist 

387
00:19:39,200 --> 00:19:42,500
person to ever get a girlfriend 
and then describe her, like an 

388
00:19:42,500 --> 00:19:44,700
asshole. 
Wow, right. 

389
00:19:45,000 --> 00:19:47,600
Wow. 
And yeah next you can tell I've 

390
00:19:47,600 --> 00:19:49,400
also covered finest. 
Yeah. 

391
00:19:49,700 --> 00:19:52,300
LinkedIn data shows Austin. 
As a top beneficiary of 

392
00:19:52,300 --> 00:19:54,600
tech-related migration in the 
past 12 months, followed by 

393
00:19:54,600 --> 00:19:57,100
Nashville. 
Miami was number 11 by net 

394
00:19:57,100 --> 00:19:59,200
migration rate. 
Given I am still The Story of 

395
00:19:59,208 --> 00:20:02,500
the Year, definitely not Austin.
Well, Miami began at the end of 

396
00:20:02,500 --> 00:20:05,000
last year. 
This I remember well, that that 

397
00:20:05,008 --> 00:20:09,300
the whole Miami as the siphon of
Silicon Valley Talent was like a

398
00:20:09,300 --> 00:20:12,700
December 2020, thing it 
continued on through this year. 

399
00:20:12,700 --> 00:20:13,900
I think maybe he's still going 
on. 

400
00:20:13,900 --> 00:20:18,500
I unfollowed all of Really done 
Miami so funny. 

401
00:20:18,800 --> 00:20:21,800
Yeah, yeah. 
So yeah, I mean like the San 

402
00:20:21,800 --> 00:20:25,300
Francisco, the Silicon Valley 
dispersion, you know, San 

403
00:20:25,300 --> 00:20:29,800
Francisco supposed downfall as 
the capital of tech that is that

404
00:20:29,800 --> 00:20:31,400
that has been a big story this 
year. 

405
00:20:31,400 --> 00:20:34,400
The Miami Herald. 
Emailed me to ask me for my take

406
00:20:34,400 --> 00:20:36,100
on Miami. 
Oh my goodness. 

407
00:20:36,100 --> 00:20:38,800
You are being asked for your 
takes now. 

408
00:20:38,900 --> 00:20:42,200
Yeah, I'm a pundit silent. 
I said, Miami definitely 

409
00:20:42,200 --> 00:20:44,300
captured the Silicon Valley 
Zeitgeist this year. 

410
00:20:44,300 --> 00:20:46,800
Even if There's two. 
I don't want to read myself. 

411
00:20:46,800 --> 00:20:48,800
I can't. 
Well don't don't scoop yourself 

412
00:20:48,800 --> 00:20:50,500
error. 
Yeah, I don't know if they're 

413
00:20:50,500 --> 00:20:52,300
ever going to run it. 
They probably they probably 

414
00:20:52,300 --> 00:20:54,100
emailed you because you were 
bitching about public trans. 

415
00:20:54,100 --> 00:20:56,000
Yeah, definitely. 
Yeah. 

416
00:20:56,000 --> 00:20:58,900
I just I replied like 
instantaneously like, you know, 

417
00:20:59,700 --> 00:21:02,400
you know that's that's how you 
become agile of quote folks. 

418
00:21:02,600 --> 00:21:05,000
As soon as someone asks you just
fire off, you don't look for 

419
00:21:05,000 --> 00:21:06,300
data. 
You don't think about it, you 

420
00:21:06,300 --> 00:21:11,100
just write an email right away. 
I love those people, right? 

421
00:21:11,100 --> 00:21:13,400
I depend on. 
You can tell the reporters were 

422
00:21:13,400 --> 00:21:15,800
working hard there. 
The girl talk about fucking 

423
00:21:15,800 --> 00:21:17,700
anything right? 
Yeah you should have some 

424
00:21:17,700 --> 00:21:19,300
completely wrong headed like 
completely. 

425
00:21:19,300 --> 00:21:22,000
Just have no knowledge of Miami 
infrastructure and be like I 

426
00:21:22,000 --> 00:21:26,600
think it should be more tunnels 
in Miami more and deeper 

427
00:21:26,600 --> 00:21:30,300
tunnels. 
It seems it seems a major 

428
00:21:30,300 --> 00:21:33,000
oversight by the Miami Chamber 
of Commerce to not invest in 

429
00:21:33,000 --> 00:21:36,500
hyper Loops everywhere, okay? 
So that was, that was a big 

430
00:21:36,500 --> 00:21:39,000
story and not Austin, Austin 
not. 

431
00:21:39,000 --> 00:21:43,400
He's cares about the data. 
It's it's whoever's loudest on 

432
00:21:43,400 --> 00:21:45,700
Twitter shaping the narrative. 
This is about like the 

433
00:21:45,700 --> 00:21:49,800
narratives of 2021 and 
definitely the Miami people own.

434
00:21:49,800 --> 00:21:52,600
The awesome people eat, which 
makes it more pathetic for the 

435
00:21:52,600 --> 00:21:55,200
Austin people if they actually 
had data on their side. 

436
00:21:55,200 --> 00:21:58,500
So I need to be better about 
their propaganda. 

437
00:21:58,500 --> 00:22:01,100
I really, I think New York is 
going to come out the best of 

438
00:22:01,100 --> 00:22:03,400
this, but I live in New York 
that was it, that was a thing 

439
00:22:03,400 --> 00:22:04,500
to. 
There were people that were 

440
00:22:04,500 --> 00:22:07,700
moving to New York, that talked 
a lot about that and as the 

441
00:22:07,700 --> 00:22:11,300
reasonable alternative to 
Silicon Valley, I have no 

442
00:22:11,300 --> 00:22:14,800
thoughts so oig and I got some 
good. 

443
00:22:16,300 --> 00:22:18,000
Interviews with around 200 
people show. 

444
00:22:18,000 --> 00:22:21,500
How am this was a New York Times
investigation, 200 people at 

445
00:22:21,500 --> 00:22:23,800
Amazon's Warehouse employment 
system, under strain before the 

446
00:22:23,800 --> 00:22:26,500
pandemic burn through workers 
and created a huge confusion. 

447
00:22:27,800 --> 00:22:29,800
There were a couple of great 
stories that the times put out 

448
00:22:29,800 --> 00:22:33,400
around then about the treatment 
of Amazon warehouse workers in. 

449
00:22:33,400 --> 00:22:36,800
I think, New Jersey and now is 
before the tornado and people 

450
00:22:36,800 --> 00:22:37,700
died. 
Yeah. 

451
00:22:37,700 --> 00:22:40,700
Right is mean, Amazon is such a 
huge employer. 

452
00:22:40,700 --> 00:22:43,800
I do not to give them any 
defense on this, but there is a 

453
00:22:43,800 --> 00:22:48,200
degree to, which Just the scale 
at which they're employing 

454
00:22:48,200 --> 00:22:52,200
people creates so much. 
You know, so much bureaucracy, 

455
00:22:52,200 --> 00:22:55,100
and problems and negative 
stories. 

456
00:22:55,100 --> 00:22:57,300
Well, I think the, I mean, we're
still, I don't know what the 

457
00:22:57,300 --> 00:23:00,700
latest polling shows. 
I assume public sentiment is 

458
00:23:00,700 --> 00:23:05,000
still strongly in favor of 
Amazon, but it must have turned 

459
00:23:05,000 --> 00:23:07,200
a bit this year, like the 
numbers have to be sinking. 

460
00:23:07,200 --> 00:23:11,700
I mean, but the thing is Amazon 
also drives up wages and a lot 

461
00:23:11,700 --> 00:23:14,400
of places that it enters, you 
know, there is definitely a 

462
00:23:14,400 --> 00:23:17,400
case. 
That regular American both for 

463
00:23:17,400 --> 00:23:21,600
the products and for the jobs in
some cases likes Amazon. 

464
00:23:21,600 --> 00:23:24,700
I mean, the flip side is Amazon,
seems to turn through a lot of 

465
00:23:24,700 --> 00:23:27,900
people, so maybe I don't know. 
Yeah, we need data, but they say

466
00:23:27,900 --> 00:23:29,700
she wants to test positive for 
you look. 

467
00:23:29,700 --> 00:23:34,700
Depressed, Amazon was a huge 
story, Amazon's working 

468
00:23:34,700 --> 00:23:36,800
condition, I mean, Amazon's 
working conditions. 

469
00:23:36,800 --> 00:23:38,100
Right? 
That's not going to go away. 

470
00:23:38,200 --> 00:23:41,700
Did Jeff Bezos change? 
Yeah, that happened this year. 

471
00:23:41,700 --> 00:23:44,000
So I know that one, too. 
That he stepped down or now, 

472
00:23:44,000 --> 00:23:45,900
instead of stepping down, Down. 
That's huge. 

473
00:23:45,900 --> 00:23:47,800
He's it though. 
I mean, it's I mean, obviously, 

474
00:23:47,800 --> 00:23:50,500
like Andy jassy, he'll get a 
couple profiles written about 

475
00:23:50,500 --> 00:23:54,500
them and people are starting to 
Source up and figure out how to 

476
00:23:54,500 --> 00:23:58,900
characterize him as a tech 
personality but is amazing. 

477
00:23:58,900 --> 00:24:02,200
People don't seem to have like I
have no idea what that Andy 

478
00:24:02,200 --> 00:24:06,000
jassy narrative is I mean 
they've been interesting pieces 

479
00:24:06,000 --> 00:24:09,100
written. 
You know, ruthless nice-ish guy 

480
00:24:09,600 --> 00:24:14,100
is the Via, but I typically get.
But yeah, it's I mean, as long 

481
00:24:14,100 --> 00:24:18,300
as Bezos, Sitting there as the 
executive chairman, it'll be 

482
00:24:18,300 --> 00:24:23,900
hard for it to be his company 
and I think in the Public's just

483
00:24:23,900 --> 00:24:26,600
because Bezos is the second 
richest person in the world. 

484
00:24:27,100 --> 00:24:29,700
I think people like any random 
person, you ask me, like, who's 

485
00:24:29,700 --> 00:24:31,600
the head of Amazon? 
They'll say Jeff Bezos. 

486
00:24:31,900 --> 00:24:34,200
You got to really be in the 
know, right? 

487
00:24:34,700 --> 00:24:38,300
And even if you are then the 
clever take, could still be Jeff

488
00:24:38,300 --> 00:24:42,800
except so yeah. 
Disney was similar for a while 

489
00:24:42,800 --> 00:24:46,200
with tigers chairman and You 
know, no one really has thoughts

490
00:24:46,200 --> 00:24:51,100
about Bob check back anyway. 
So this was mid-june also 

491
00:24:51,100 --> 00:24:53,700
Andreessen, Horowitz launches 
future immediate property that 

492
00:24:53,700 --> 00:24:56,500
will focus on informational and 
editorial consecrated by 

493
00:24:56,500 --> 00:24:58,000
full-time staff and outside 
contributors. 

494
00:24:58,400 --> 00:25:02,400
So that was a whole thing for 
like a week or so, like the 

495
00:25:02,600 --> 00:25:05,800
creation of the Andresen media 
site and the fact that it was 

496
00:25:05,800 --> 00:25:09,400
going to disintermediated us. 
Well, yeah, it was one of my 

497
00:25:09,900 --> 00:25:12,100
biggest stories of the Year 
talking about and it was my 

498
00:25:12,100 --> 00:25:13,700
biggest story. 
So what happened to it? 

499
00:25:13,700 --> 00:25:16,800
Does anyone read this thing? 
No, I just I mean you know 

500
00:25:16,800 --> 00:25:20,000
sometimes I'll you know if you 
put a URL into Twitter you can 

501
00:25:20,000 --> 00:25:21,800
sort of see what the engagement 
is. 

502
00:25:21,800 --> 00:25:26,200
It doesn't feel like it's 
definitely not penetrating my 

503
00:25:26,200 --> 00:25:30,200
conversations and I don't see 
that it sort of typical piece 

504
00:25:30,200 --> 00:25:34,800
getting a ton of Engagement. 
I mean I I do think just like 

505
00:25:35,200 --> 00:25:37,900
the Mandate writing about the 
future limits. 

506
00:25:37,900 --> 00:25:41,300
You know people are very 
interested in the present and 

507
00:25:41,300 --> 00:25:44,700
there is a reason that the media
investigates thing. 

508
00:25:44,900 --> 00:25:48,100
Things and asked how things are 
going, not just sort of opines 

509
00:25:48,100 --> 00:25:51,400
about the future. 
So I mean, I think they're still

510
00:25:51,400 --> 00:25:55,300
figuring out how their editorial
voice connects with an audience.

511
00:25:56,000 --> 00:25:58,200
Do you think it needs to be 
widely, read for it to be 

512
00:25:58,200 --> 00:26:01,300
successful? 
I mean, I guess my one take on 

513
00:26:01,300 --> 00:26:04,100
it at this point or my one 
perspective on it is that the 

514
00:26:04,100 --> 00:26:07,600
media overreacted to what they 
were trying to do that. 

515
00:26:07,600 --> 00:26:09,700
There was this idea that there 
was going to be a war. 

516
00:26:09,900 --> 00:26:13,600
No, but I do think they want 
like they set themselves up for 

517
00:26:13,600 --> 00:26:15,300
being good at this. 
I mean, they are I really do 

518
00:26:15,300 --> 00:26:20,400
think like Margot was shifting 
her Focus to editorial like when

519
00:26:20,400 --> 00:26:22,700
that's all true. 
They want to take it very 

520
00:26:22,700 --> 00:26:26,300
personally. 
So I think they want to succeed,

521
00:26:26,300 --> 00:26:29,000
right? 
Certainly by the standards of a 

522
00:26:29,000 --> 00:26:30,500
venture firm. 
They're good at what they do. 

523
00:26:30,500 --> 00:26:33,900
I mean I love their blog posts 
about their companies like 

524
00:26:34,600 --> 00:26:37,400
people listen to their podcast. 
I don't. 

525
00:26:37,600 --> 00:26:39,000
Right. 
Right. 

526
00:26:40,600 --> 00:26:43,600
Okay. 
So that that was a thing in June

527
00:26:43,600 --> 00:26:46,800
and then moving to July Why 
Robin Hood files for 

528
00:26:46,800 --> 00:26:49,800
long-awaited IPO says, it will 
set aside 35 percent of shares 

529
00:26:49,800 --> 00:26:52,500
for retail investors. 
We've kind of talked a bit about

530
00:26:52,500 --> 00:26:54,600
Robin Hood already. 
Yeah, Robin Hood. 

531
00:26:54,600 --> 00:26:57,300
I mean, that gets, I think 
that's up there with Clubhouse 

532
00:26:57,300 --> 00:27:00,300
and I mean in story of the year 
because it captures the meme 

533
00:27:00,300 --> 00:27:05,900
stock, sort of high pi po that 
sort of took a dive. 

534
00:27:06,100 --> 00:27:10,500
It's dabbling in crypto. 
It does a lot of Dogecoin you 

535
00:27:10,500 --> 00:27:14,400
know, big regulatory questions 
with the slow SEC. 

536
00:27:14,500 --> 00:27:16,100
All right. 
Let's keep moving through. 

537
00:27:16,600 --> 00:27:18,900
So we talked about Robin Hood 
while you were out Katie, that's

538
00:27:18,900 --> 00:27:20,100
fine. 
Good kid. 

539
00:27:20,200 --> 00:27:22,200
The Robin Hood. 
That's a big story 2021. 

540
00:27:22,200 --> 00:27:25,100
Yeah, I'm looking for a story 
that like, grabs a bunch of the 

541
00:27:25,100 --> 00:27:26,200
themes at once. 
Okay. 

542
00:27:26,200 --> 00:27:29,100
Well, here's here's an 
interesting one on that because 

543
00:27:29,100 --> 00:27:31,200
it's from August 1st. 
Many viewers are experienced the

544
00:27:31,200 --> 00:27:34,000
Olympics primarily through Tech 
talk with some of the most 

545
00:27:34,000 --> 00:27:36,300
watched videos, not coming from 
NBC, but from the athletes 

546
00:27:36,300 --> 00:27:38,600
themselves, do they Olympics 
happen this year? 

547
00:27:38,800 --> 00:27:39,900
Yeah. 
So that's part of it. 

548
00:27:39,900 --> 00:27:41,800
Like I didn't remember that at 
all. 

549
00:27:43,200 --> 00:27:46,900
I didn't watch it which one? 
20/20 it was like the Olympics 

550
00:27:46,900 --> 00:27:49,400
with no audience because Japan 
was dealing with Summer 

551
00:27:49,400 --> 00:27:52,300
Olympics. 
Yeah, that was this summer. 

552
00:27:52,600 --> 00:27:56,000
Yeah, because they postponed it 
for you to post this and people 

553
00:27:56,000 --> 00:27:57,900
are going to be like none of 
those things you talked about 

554
00:27:57,900 --> 00:28:00,600
happened. 
Is she like I do and some of it 

555
00:28:00,800 --> 00:28:04,400
really sincerely not just as a 
put on like a sliding. 

556
00:28:04,400 --> 00:28:07,200
You guys are hard to believe 
that it happened this year. 

557
00:28:07,300 --> 00:28:10,700
This is serious. 
I'm turning to the internet 

558
00:28:10,700 --> 00:28:12,700
right now. 
There was an Olympics in Japan 

559
00:28:12,700 --> 00:28:14,400
this summer while I was in 
Maine. 

560
00:28:14,400 --> 00:28:17,300
There was a This in Japan. 
There is skateboarding in it. 

561
00:28:17,300 --> 00:28:19,300
Michael Phelps. 
Did not participate. 

562
00:28:20,100 --> 00:28:23,300
What else happened in this 
Olympics with this year's 2021? 

563
00:28:23,300 --> 00:28:25,700
Yeah, because they postponed it 
from 2020 because we were all in

564
00:28:25,900 --> 00:28:28,100
clear, right? 
Oh my God. 

565
00:28:28,200 --> 00:28:31,000
Yeah there, but there were like,
just family in the audience. 

566
00:28:31,000 --> 00:28:33,500
It was, it was Haunting. 
It was a nightmare. 

567
00:28:33,900 --> 00:28:36,100
They did it, but Japan was 
dealing with. 

568
00:28:36,100 --> 00:28:37,900
It's worth. 
O is so weird. 

569
00:28:37,900 --> 00:28:41,400
Yeah, I mean what, that's a 
perfect one to Gaslight us with 

570
00:28:41,400 --> 00:28:45,100
also because it's their Spurs to
be in 2020, but then their 

571
00:28:45,100 --> 00:28:46,600
postponed. 
Yes. 

572
00:28:46,600 --> 00:28:49,400
The date is still the 2020 
Olympics. 

573
00:28:49,400 --> 00:28:52,700
To when you look at it online is
the Japan 2020 Olympics. 

574
00:28:52,700 --> 00:28:53,700
Right? 
Well, that's funny one. 

575
00:28:53,700 --> 00:28:56,200
Yeah, maybe that's just really 
jamming your system. 

576
00:28:56,500 --> 00:29:00,000
Just like telling you over and 
over again, welcome to 2021 

577
00:29:00,000 --> 00:29:02,400
showing of the 2020 Olympics 
live. 

578
00:29:04,900 --> 00:29:06,700
Now that's a glitch in the 
simulation. 

579
00:29:06,700 --> 00:29:08,800
I was like yeah 57 gonna go 
clean. 

580
00:29:08,800 --> 00:29:10,600
So I'm going to go ahead and 
edit that know. 

581
00:29:10,600 --> 00:29:12,800
There are probably a percentage 
of people that had like Strokes 

582
00:29:12,800 --> 00:29:18,000
every time that logo came up. 
We call this the tiny 20 bucks. 

583
00:29:18,300 --> 00:29:19,400
I don't remember anything from 
it. 

584
00:29:19,400 --> 00:29:21,300
I didn't know you sure. 
This Olympics totally fell 

585
00:29:21,300 --> 00:29:23,800
apart. 
Like okay, the fact that we all 

586
00:29:23,800 --> 00:29:27,100
got the like, you know, Matrix 
glitching Olympics is one thing 

587
00:29:27,100 --> 00:29:30,800
but also that it was experience 
your Tick Tock which, you know, 

588
00:29:31,000 --> 00:29:34,000
the rise of tick-tock and how 
it's infected both of. 

589
00:29:34,000 --> 00:29:36,400
You not me has been a huge 
story. 

590
00:29:36,700 --> 00:29:40,000
It is here. 
Oh, yeah, it's destroyed me. 

591
00:29:40,100 --> 00:29:43,400
It's huge in music. 
It's huge music and culture. 

592
00:29:43,400 --> 00:29:46,400
Well, yeah, but it almost It 
feels I mean it hasn't brought 

593
00:29:46,400 --> 00:29:49,400
down the government yet. 
But like, you know, like Rosa 

594
00:29:49,400 --> 00:29:52,800
recently a talk assimilated to 
our culture, much better, it 

595
00:29:52,800 --> 00:29:55,900
wasn't like but the tick tock 
meme as a threat became a big 

596
00:29:55,900 --> 00:29:58,400
story in 2021. 
I just know this via, I mean, 

597
00:29:58,400 --> 00:30:01,500
it's definitely a threat to our 
mental well-being, right? 

598
00:30:01,600 --> 00:30:02,900
No, but also there's now the 
store. 

599
00:30:02,900 --> 00:30:05,100
You know the stories will come 
out about like oh this Tick Tock

600
00:30:05,100 --> 00:30:07,000
meme is, you know, this school 
had to shut down. 

601
00:30:07,100 --> 00:30:10,500
So the last week there was a 
story about Tick Tock meme p.m. 

602
00:30:10,500 --> 00:30:14,100
like you know, national school 
shooter day or something. 

603
00:30:14,900 --> 00:30:17,400
Which I don't believe turned out
to be true. 

604
00:30:17,400 --> 00:30:19,500
Not that there weren't School 
shooters but that there was like

605
00:30:19,500 --> 00:30:22,300
a trending Tick Tock meme with 
that. 

606
00:30:22,500 --> 00:30:26,600
But there was another story 
similar to that a few months 

607
00:30:26,600 --> 00:30:32,000
earlier which was like national 
slap at teacher day which was 

608
00:30:32,400 --> 00:30:35,100
there again, it was apocryphal 
but their YouTube had these 

609
00:30:35,100 --> 00:30:38,200
things before. 
I mean Tide Pods no none of its 

610
00:30:38,200 --> 00:30:40,600
new. 
I'm not saying it's Unique to 

611
00:30:40,600 --> 00:30:41,900
Tech talk. 
I'm just saying that as a 

612
00:30:41,900 --> 00:30:44,700
company and as a piece of 
technology. 

613
00:30:44,800 --> 00:30:48,300
In a medium it now crossed into 
the this thing that your kids 

614
00:30:48,300 --> 00:30:50,300
are on isn't just a distraction 
and annoying. 

615
00:30:50,300 --> 00:30:52,700
It's a threat and it's a place 
where they're going to organize.

616
00:30:52,700 --> 00:30:55,600
And it happens with every social
media platform and happened with

617
00:30:55,800 --> 00:30:58,500
Snapchat to, as I go bullying is
taking place on Snapchat. 

618
00:30:58,500 --> 00:31:02,000
So, so that it seems like 2020 
was the year that Tick Tock kind

619
00:31:02,000 --> 00:31:04,900
of became it entered that phase 
of its life. 

620
00:31:05,300 --> 00:31:09,300
Trent 2021 was, yeah, 2020 
became huge right because we 

621
00:31:09,308 --> 00:31:12,400
were, you know, my first year 
we're traps, we're watching 

622
00:31:12,400 --> 00:31:13,900
people, dance to Megan this 
Talia. 

623
00:31:13,900 --> 00:31:17,100
And then next next, Here for 
tick tock is it gets more 

624
00:31:17,100 --> 00:31:18,400
criticism? 
It's big. 

625
00:31:18,400 --> 00:31:21,200
It's like we obviously the Wall 
Street journal's already 

626
00:31:21,200 --> 00:31:24,000
investigating and but right well
next year will be like the I 

627
00:31:24,008 --> 00:31:26,900
don't know, Tick Tock midterms 
or something, I don't know. 

628
00:31:26,900 --> 00:31:30,500
God, I disagree. 
That Tick Tock would be the 

629
00:31:30,500 --> 00:31:35,800
story of 2021 because I feel 
like it mostly is the same thing

630
00:31:35,800 --> 00:31:38,900
as like teens. 
You crazy thing, and Tick-Tock 

631
00:31:38,900 --> 00:31:42,500
itself isn't really doing that 
much to amplify it, it's just 

632
00:31:42,500 --> 00:31:44,600
very good at Discovery and makes
it easier. 

633
00:31:44,800 --> 00:31:49,000
To like, come to this stuff, but
I don't see it as like a game 

634
00:31:49,000 --> 00:31:51,700
change and that's that's that's 
stuck in general. 

635
00:31:52,000 --> 00:31:57,000
Yeah, and I see Tick-Tock 
generally as being pretty Pro 

636
00:31:57,200 --> 00:32:00,700
moderation and wanting to keep 
right a glossy image. 

637
00:32:00,700 --> 00:32:03,800
So maybe they fuck up a few 
things. 

638
00:32:03,800 --> 00:32:05,800
I've been talking to your 
friends at Sequoia. 

639
00:32:09,400 --> 00:32:12,700
No, I mean, seriously, I don't 
get on that. 

640
00:32:13,100 --> 00:32:16,600
I wish the Chinese I don't talk 
to the Chinese Sequoia people, 

641
00:32:16,600 --> 00:32:20,600
very much and the pretty 
distinct firms. 

642
00:32:21,000 --> 00:32:23,300
So that was Tick-Tock so 
September 15th. 

643
00:32:23,400 --> 00:32:25,000
Here's the first Facebook piece 
here. 

644
00:32:25,000 --> 00:32:26,800
Internal documents Facebook's 
own research. 

645
00:32:26,800 --> 00:32:29,900
Found that a 20-18 change to 
encourage positive interactions 

646
00:32:29,900 --> 00:32:32,300
have the opposite effect 
Zuckerberg resisted, any fixes. 

647
00:32:32,300 --> 00:32:35,100
So that's the one, you know, 
Facebook Paper story that I 

648
00:32:35,100 --> 00:32:37,900
pulled from this obviously 
that's one of the biggest 

649
00:32:37,900 --> 00:32:39,700
stories of the year. 
We've talked about it too much 

650
00:32:39,700 --> 00:32:43,200
on the show. 
We're having deep on ya for our 

651
00:32:43,200 --> 00:32:44,300
next episode. 
Okay? 

652
00:32:44,300 --> 00:32:45,600
I want to talk. 
Talk about it went deeper than 

653
00:32:45,600 --> 00:32:47,200
one more time. 
You don't want to hear, what 

654
00:32:47,200 --> 00:32:49,700
Eric and I and you have to say 
about is what you're saying. 

655
00:32:49,900 --> 00:32:52,400
We're going to solve this 
Facebook issue, we're going to 

656
00:32:52,400 --> 00:32:56,900
really first of all, she's gonna
tell us why this stuff all 

657
00:32:57,500 --> 00:33:01,500
mattered when we've become 
Facebook nihilus at this point, 

658
00:33:01,500 --> 00:33:04,900
and I don't know, save it, save 
it. 

659
00:33:04,900 --> 00:33:06,800
I only have so much left of me 
on Facebook. 

660
00:33:07,500 --> 00:33:09,300
After being sued by the state of
California Activision. 

661
00:33:09,300 --> 00:33:11,500
Blizzard is sued by a group of 
representing employees. 

662
00:33:11,500 --> 00:33:13,200
LED you to try to prevent them 
from organizing. 

663
00:33:13,200 --> 00:33:15,800
I mean, that story is not really
about Out the thing that the 

664
00:33:15,800 --> 00:33:20,700
Activision Blizzard story became
which was the you know, apparent

665
00:33:21,000 --> 00:33:24,800
sexual assaults, that happened 
at that company and Bobby codex.

666
00:33:24,800 --> 00:33:27,600
Knowledge of it is Bobby kotick.
Lucio that company? 

667
00:33:27,600 --> 00:33:29,200
Yeah. 
Yeah, he's not been pushed out 

668
00:33:29,200 --> 00:33:30,700
yet amazing. 
Amazing. 

669
00:33:30,900 --> 00:33:33,100
People were basically saying it 
was like sure thing. 

670
00:33:33,100 --> 00:33:36,300
You lose his job over that. 
I mean, that's about as close. 

671
00:33:36,400 --> 00:33:38,900
Yeah, I don't get it. 
It doesn't make sense to me, but

672
00:33:38,900 --> 00:33:41,800
and a good exam we talked about 
this a bit last week with with 

673
00:33:41,800 --> 00:33:45,600
Richard, but like if Activision 
was in a different sector that 

674
00:33:45,600 --> 00:33:48,100
the broader public cared more 
about this would be a way Huger 

675
00:33:48,100 --> 00:33:51,000
story, right? 
The CEO of the company was aware

676
00:33:51,000 --> 00:33:54,800
of like rapes that happened on 
company time. 

677
00:33:55,200 --> 00:33:56,300
Allegedly. 
Yeah. 

678
00:33:56,300 --> 00:33:59,400
And I was like, you better fact,
check that like, allegedly, this

679
00:33:59,400 --> 00:34:01,200
is what other people are 
reporting. 

680
00:34:01,500 --> 00:34:05,000
So that was that Activision 1, 
October, Senators, grilled 

681
00:34:05,000 --> 00:34:08,199
Facebook exact Antigone Davis 
about Instagrams impact on teen.

682
00:34:08,199 --> 00:34:10,500
So, that's more of that, you 
know, Facebook Paper story 

683
00:34:11,000 --> 00:34:14,400
October 15th, which downplays 
last week's hack said I had 

684
00:34:14,400 --> 00:34:16,800
minimal. 
Twitch had a huge fucking hack 

685
00:34:16,800 --> 00:34:19,000
this year. 
That no one's talking about 

686
00:34:19,000 --> 00:34:21,600
anymore, but it was the worst 
hack in the company's history 

687
00:34:21,607 --> 00:34:24,300
and that's another example of a 
social network, whatever you 

688
00:34:24,300 --> 00:34:26,500
want to call it. 
That doesn't get nearly the 

689
00:34:26,500 --> 00:34:28,900
level of coverage. 
It deserves considering how 

690
00:34:28,900 --> 00:34:33,699
Central it is to so many 
people's lives and I don't know 

691
00:34:33,699 --> 00:34:36,300
what the outcome of it is. 
Yeah, it's huge didn't like the 

692
00:34:36,300 --> 00:34:38,900
like core technology guy hacked 
to though? 

693
00:34:38,900 --> 00:34:41,800
Yeah, the level. 
Somebody could have copied the 

694
00:34:41,800 --> 00:34:45,000
whole thing. 
Yeah, I don't remember the Affix

695
00:34:45,000 --> 00:34:50,500
of it, I'm numb Dax you know 
like yeah I I don't know what 

696
00:34:50,500 --> 00:34:54,199
even to I mean the most hat 
caring person on the podcast 

697
00:34:54,199 --> 00:34:58,500
right now is on a phone call. 
So we've already talked about 

698
00:34:58,500 --> 00:35:02,600
hacks November 1st. 
This is from our Mark Germann 

699
00:35:03,000 --> 00:35:05,400
chip shortage hits Apple at the 
worst possible time, out of the 

700
00:35:05,400 --> 00:35:07,300
holidays and met an apple are 
set to be. 

701
00:35:07,300 --> 00:35:09,400
So that's the story of the year,
not being able to get 

702
00:35:09,400 --> 00:35:11,600
PlayStation 5. 
I don't know how we can open 

703
00:35:11,600 --> 00:35:13,500
that up. 
The fact that I these 

704
00:35:13,500 --> 00:35:15,200
next-generation system, The 
route. 

705
00:35:15,200 --> 00:35:18,900
I can't even buy one of them 
with my hard-earned money and 

706
00:35:18,900 --> 00:35:21,200
then inflation's probably gonna 
end up dry. 

707
00:35:21,500 --> 00:35:23,600
Yeah, that's the story the year 
right there. 

708
00:35:23,600 --> 00:35:24,700
Right. 
Right. 

709
00:35:24,700 --> 00:35:28,300
What our capitalist system is 
failing, the consumerism that 

710
00:35:28,300 --> 00:35:31,300
this whole thing was built on 
and our moment of need, when 

711
00:35:31,300 --> 00:35:34,400
we're having to go back into the
pandemic that I am playing 

712
00:35:34,400 --> 00:35:37,900
mobile games, is just write a 
big problem. 

713
00:35:37,900 --> 00:35:41,100
Now, my PS4, I'm tired of it. 
I wanted a PS5, I'm not even 

714
00:35:41,100 --> 00:35:44,000
looking anymore to see when it's
an option to get. 

715
00:35:44,000 --> 00:35:47,600
Oh yeah, I've Get up and and all
all all these stories about like

716
00:35:47,600 --> 00:35:51,000
that one reporter who's made his
whole career now just like 

717
00:35:51,000 --> 00:35:54,400
helping people find the council 
consoles. 

718
00:35:54,400 --> 00:35:57,000
He's like the biggest reporter 
of the year, you know how I 

719
00:35:57,000 --> 00:35:59,200
missed this who's that? 
He's been profiled and like the 

720
00:35:59,200 --> 00:36:03,500
New York Times and BuzzFeed 
celebrities like, DM this guy 

721
00:36:03,500 --> 00:36:07,000
asking him like how they can get
their hands on a PlayStation 

722
00:36:07,000 --> 00:36:09,900
five like that's pretty. 
This is the guy, you know, like 

723
00:36:10,700 --> 00:36:15,100
I mean it hasn't been like you 
don't when it we like Meet the 

724
00:36:15,100 --> 00:36:18,900
chattering class is obviously 
don't like, sit around talking 

725
00:36:18,900 --> 00:36:20,900
about it too much, if they 
really wanted one, they have the

726
00:36:20,900 --> 00:36:23,600
money. 
Maybe to pay for it. 

727
00:36:24,200 --> 00:36:26,200
You'd have to pay like double. 
I don't know. 

728
00:36:26,200 --> 00:36:29,000
I mean, just double. 
That's surprisingly small, but 

729
00:36:29,000 --> 00:36:31,700
yeah, I refused on principle 
even, I feel like, even if I had

730
00:36:31,700 --> 00:36:35,200
unlimited money, I mean, if I 
had on limit but like I'd have 

731
00:36:35,200 --> 00:36:38,100
to be pretty rich to just pay 
double the price. 

732
00:36:38,100 --> 00:36:42,000
Something's worth at what should
be a findable? 

733
00:36:42,600 --> 00:36:44,400
I don't know. 
I'm disconnected from the person

734
00:36:44,400 --> 00:36:48,400
whose Willing just be like, 
whatever I'll buy it. 

735
00:36:48,700 --> 00:36:52,900
Yeah, I'm not that guy but yeah 
our are the capitalist supply 

736
00:36:52,900 --> 00:36:58,200
chain hit a snag this year and 
that to me the reason the story 

737
00:36:58,200 --> 00:36:59,800
was good, not the port and the 
ship. 

738
00:36:59,800 --> 00:37:02,400
You know what about the ship is 
that on your list? 

739
00:37:02,500 --> 00:37:04,900
It's not on there but that's 
getting our entry point into it.

740
00:37:05,000 --> 00:37:07,400
Yeah, well that wasn't a come-on
tech meme. 

741
00:37:07,400 --> 00:37:09,200
I mean, I don't know if the tech
angle is there, right? 

742
00:37:09,200 --> 00:37:12,400
I know, but I do think that's 
another way that like not being 

743
00:37:12,400 --> 00:37:16,400
able to get our consoles fits in
The generals supply chain 

744
00:37:16,500 --> 00:37:18,600
breakdown. 
I mean, that shit was just too 

745
00:37:18,600 --> 00:37:20,800
fat for what our infrastructure 
allows for. 

746
00:37:21,100 --> 00:37:24,300
It was like a gust, you know, is
the I don't think it was the 

747
00:37:24,700 --> 00:37:26,900
captain's fault. 
It was sort of like weather 

748
00:37:26,900 --> 00:37:30,500
condition, it wasn't and the 
moon I think, is the Moon's 

749
00:37:30,500 --> 00:37:32,600
fault. 
But but no, I mean, look, the 

750
00:37:32,600 --> 00:37:35,500
supply chain that became a thing
that people were talking about 

751
00:37:35,500 --> 00:37:38,400
this year which is not a good 
sign ever for capitalism when 

752
00:37:38,400 --> 00:37:40,600
people are starting to think 
about like the sausage parts. 

753
00:37:41,500 --> 00:37:45,200
And yeah I mean we had Ryan. 
What's his name from Flex Port, 

754
00:37:45,200 --> 00:37:50,000
Peterson Peterson becoming a 
mini celebrity because he took a

755
00:37:50,000 --> 00:37:52,800
tour of the Port of Long Beach 
and was like the why don't we 

756
00:37:52,800 --> 00:37:56,000
stack the shipping containers on
top of each other and he got 

757
00:37:56,000 --> 00:37:58,800
like 20 million retweets and the
mayor of Long Beach was like 

758
00:37:58,800 --> 00:38:02,700
yeah let's do that. 
I've always wanted to with that 

759
00:38:02,700 --> 00:38:05,300
story, I like Ryan so I don't 
want to I don't want to knock 

760
00:38:05,300 --> 00:38:08,300
him for it at all and, you know,
he's just he's just a man out 

761
00:38:08,300 --> 00:38:11,400
there, you know, throwing out 
ideas but like I would be 

762
00:38:11,400 --> 00:38:14,600
interested in better coverage of
that particular episode. 

763
00:38:14,700 --> 00:38:17,800
Because I would bet there are 
people in the supply chain world

764
00:38:17,800 --> 00:38:20,000
that are just like to that had 
nothing to do with it. 

765
00:38:20,000 --> 00:38:23,000
Like, like first of all, that 
wouldn't have had any normal 

766
00:38:23,000 --> 00:38:25,500
effect on the supply chain in 
the way that it would have 

767
00:38:25,500 --> 00:38:27,500
changed. 
All the problems that we have 

768
00:38:27,500 --> 00:38:30,900
and like this is just very I 
would like to know factually. 

769
00:38:30,900 --> 00:38:33,800
I mean, I'm yeah the see if it's
just seemed like a delet on kind

770
00:38:33,800 --> 00:38:35,700
of let's card, not to cheer for 
Ryan. 

771
00:38:35,700 --> 00:38:39,100
I mean, he's the right Summits 
are just like do it, make it 

772
00:38:39,100 --> 00:38:43,800
happen but there is yeah, I 
mean, I think we both yeah, the 

773
00:38:43,800 --> 00:38:47,600
world's often Not that simple. 
Like usually there aren't sort 

774
00:38:47,600 --> 00:38:50,900
of easy solutions that can 
change things right. 

775
00:38:50,900 --> 00:38:54,200
There are lots of people who 
spend their entire careers 

776
00:38:55,200 --> 00:38:57,600
working on these particular 
things and try to make, you 

777
00:38:57,600 --> 00:39:02,100
know, like Grease the gears of 
capitalism in the supply chain 

778
00:39:02,100 --> 00:39:05,000
that, I just think it just 
strikes me that often in tech 

779
00:39:05,000 --> 00:39:07,200
people think like, oh, an 
outsider's perspective is really

780
00:39:07,200 --> 00:39:10,100
going to shake things up and 
it's like no there's a lot more 

781
00:39:10,100 --> 00:39:11,600
to it than that on the flip 
side. 

782
00:39:11,600 --> 00:39:14,500
I mean, I don't, I actually I'm 
on, I'm on the text. 

783
00:39:14,700 --> 00:39:16,300
To this. 
I mean at the end of the day, 

784
00:39:16,300 --> 00:39:20,600
Elon Musk is running a very 
successful like Space Program. 

785
00:39:20,900 --> 00:39:24,700
I mean, the most impressive 
Logistics comes from Amazon, you

786
00:39:24,700 --> 00:39:28,200
know, at the end of the day, the
sort of we can fix it sort of 

787
00:39:28,400 --> 00:39:32,000
private sector, mentality is 
better than the government and 

788
00:39:32,400 --> 00:39:35,900
and I mean, yeah. 
So now I believe in Ryan more 

789
00:39:35,900 --> 00:39:39,000
than okay. 
My intuitions about though, I'm 

790
00:39:39,000 --> 00:39:40,400
not, I'm not going to be anti 
Ryan. 

791
00:39:40,400 --> 00:39:43,000
I just think that episode could 
have been more investigated 

792
00:39:43,000 --> 00:39:46,000
rather than just, Tweeting him 
another. 

793
00:39:46,000 --> 00:39:48,400
This is a good topic but it 
should be its own episode. 

794
00:39:48,400 --> 00:39:52,100
I like the topic. 
Yeah, November 15th, I look at 

795
00:39:52,100 --> 00:39:56,500
Constitution Dao or Dow, which 
is in 3 million Constitution 

796
00:39:56,500 --> 00:39:59,100
die, which is taking in three 
million crypto and bit of, for 

797
00:39:59,100 --> 00:40:02,100
the US Constitution printed in 
1787. 

798
00:40:02,100 --> 00:40:05,200
And that's part of the headline.
But I don't think, I mean, that 

799
00:40:05,200 --> 00:40:09,400
was good because the finance 
guy, that was a fun story. 

800
00:40:09,400 --> 00:40:13,200
The Citadel guy, beat them out 
and it seemed I saw a story that

801
00:40:13,200 --> 00:40:16,000
said Is Like, Son, texted him, 
Dad, you got like, we just saw 

802
00:40:16,000 --> 00:40:18,600
the headline. 
It's classic like, big money 

803
00:40:18,600 --> 00:40:26,100
beats, you know, the little guy 
old school Finance versus it's 

804
00:40:26,100 --> 00:40:28,700
Ken Griffin. 
It's a tall old school Finance 

805
00:40:28,700 --> 00:40:31,100
beats. 
You know the nft world. 

806
00:40:31,300 --> 00:40:34,200
That's it's not political. 
Yeah, I like that one. 

807
00:40:34,800 --> 00:40:36,500
Yeah. 
Look, the specifics around 

808
00:40:36,500 --> 00:40:39,500
constitutional doubt. 
Like that was afford a story. 

809
00:40:39,500 --> 00:40:41,800
It was kind of fun. 
I don't know what the larger 

810
00:40:41,800 --> 00:40:44,500
meaning of it was, right? 
I don't know. 

811
00:40:44,600 --> 00:40:48,200
The Constitution down, I like 
it, just because, yeah, I know, 

812
00:40:48,200 --> 00:40:49,900
I know, I just liked it, because
what? 

813
00:40:49,900 --> 00:40:54,400
Will clearly become a theme. 
Next year, is the widening of 

814
00:40:54,400 --> 00:40:59,200
stances of the pro and against 
Webb, three crypto, whatever you

815
00:40:59,200 --> 00:41:01,600
want to call it. 
That like people are more and 

816
00:41:01,600 --> 00:41:04,100
more entrenched or getting more 
and more entrenched in their 

817
00:41:04,100 --> 00:41:06,900
perspective on whether or not 
this is real or this is a scam 

818
00:41:06,900 --> 00:41:10,200
or a Ponzi or whatever. 
And I think you really saw it 

819
00:41:10,200 --> 00:41:14,000
coming to the mainstream in a 
way it hadn't in 2021. 

820
00:41:14,600 --> 00:41:16,000
That's why I liked it on there. 
Yeah, I know. 

821
00:41:16,000 --> 00:41:18,000
I mean, that's a great. 
I'm trying to think of a better 

822
00:41:18,000 --> 00:41:23,400
nft Sort of want. 
And I mean, the problem is some 

823
00:41:23,400 --> 00:41:26,200
of the stuff is just like, oh 
the prices soared but like, 

824
00:41:26,400 --> 00:41:29,800
crypto Punk's are all, you know,
they've been around for a couple

825
00:41:29,800 --> 00:41:32,500
years. 
I mean it's there any number of 

826
00:41:32,500 --> 00:41:37,700
stories there was no one single 
one that I think like rocked you

827
00:41:37,700 --> 00:41:41,600
know the markets are people 
individually but that will 

828
00:41:41,600 --> 00:41:43,500
probably come. 
But this was that I mean this 

829
00:41:43,500 --> 00:41:46,800
was just like a fun couple the 
episode that's a good one and 

830
00:41:46,800 --> 00:41:49,300
then December 1st, we got Kevin 
ruse and is calm. 

831
00:41:49,400 --> 00:41:52,800
At the at the times that I liked
Jack, Dorsey joins other Tech 

832
00:41:52,800 --> 00:41:55,200
leaders who seemed to have grown
tired of management or platforms

833
00:41:55,600 --> 00:41:57,600
mean increasing political 
controversy and hard to fix 

834
00:41:57,600 --> 00:41:58,700
problems. 
So that's the, you know the 

835
00:41:58,700 --> 00:42:02,300
Dorsey stepping down from 
Twitter thing and generally like

836
00:42:02,500 --> 00:42:07,600
Tech leaders retreating into you
know, the metaverse or other 

837
00:42:07,600 --> 00:42:12,100
kind of future projects that are
further remove, you know, it's 

838
00:42:12,100 --> 00:42:12,900
dr. 
Manhattan. 

839
00:42:12,900 --> 00:42:17,100
Going off to the Moon. 
Yeah, so did Jeff Bezos 

840
00:42:17,700 --> 00:42:21,200
announced last year and The step
know he announced this shit. 

841
00:42:21,600 --> 00:42:25,000
I think it'll happen this year. 
Okay so we've got Jeff Bezos. 

842
00:42:25,000 --> 00:42:28,800
We've got Mark Zuckerberg, 
renaming the company and Jack 

843
00:42:28,800 --> 00:42:33,500
Dorsey leaving Twitter, right? 
Yeah, I do think that's a good 

844
00:42:33,500 --> 00:42:38,700
candidate sort of the sort of 
reimagining restructuring of the

845
00:42:38,700 --> 00:42:43,500
biggest tech companies with. 
So that these these guys can 

846
00:42:43,500 --> 00:42:47,100
think about sort of more fun 
stuff and not, right? 

847
00:42:47,300 --> 00:42:52,100
Social media moderation And 
yeah, and whatever cloud 

848
00:42:52,100 --> 00:42:55,100
services? 
Yeah, I mean, it's yeah, for 

849
00:42:55,100 --> 00:42:59,200
Bezos, I can get it because 
Amazon is an increasingly 

850
00:42:59,200 --> 00:43:01,400
political animal. 
I mean, it's like, it's a 

851
00:43:01,408 --> 00:43:03,800
punching bag now and that's 
going to be less fun for him. 

852
00:43:03,800 --> 00:43:05,500
He doesn't want to have to be 
called in front of. 

853
00:43:05,500 --> 00:43:08,100
There's also just bad for the 
company because he's a Target, 

854
00:43:08,100 --> 00:43:09,000
you know? 
And I'm right. 

855
00:43:09,000 --> 00:43:12,700
Yeah, he's a celebrity, if you 
can personify it it's much. 

856
00:43:13,000 --> 00:43:16,200
It's much more powerful. 
Yeah, and my bet is that there 

857
00:43:16,200 --> 00:43:18,800
is a probably a gulf between the
way people feel about Jeff 

858
00:43:18,800 --> 00:43:20,600
Bezos. 
The way they feel about Amazon 

859
00:43:20,600 --> 00:43:23,800
like they like it in their 
packages delivered in two days 

860
00:43:25,000 --> 00:43:27,500
they like the one in maybe some 
of the shows on Amazon Prime, 

861
00:43:27,500 --> 00:43:30,800
but they think Bezos is bad for 
the generalized reason they 

862
00:43:30,800 --> 00:43:34,900
don't like billionaires and so 
yeah, that isn't Fun for him. 

863
00:43:34,900 --> 00:43:37,800
But yeah, I think like the tech 
backlash, whatever you want to 

864
00:43:37,800 --> 00:43:39,500
call it. 
Hit a point this year that I 

865
00:43:39,508 --> 00:43:44,600
think it really did start 
affecting the CEOs and they made

866
00:43:44,600 --> 00:43:49,900
changes to deal with that sort 
of saw like the online Of course

867
00:43:50,000 --> 00:43:53,500
becoming reality that's near the
end. 

868
00:43:53,500 --> 00:43:57,600
I mean the last thing I have 
here is leaked memo Google tells

869
00:43:57,600 --> 00:43:59,100
employees. 
They must comply with vaccine 

870
00:43:59,100 --> 00:44:02,100
policies by Jan 18th or lose 
pay, and eventually be fired. 

871
00:44:03,800 --> 00:44:05,000
I don't know. 
I just sort of included that one

872
00:44:05,000 --> 00:44:09,500
because no one knows, I really 
like vaccine minutes or yeah. 

873
00:44:09,500 --> 00:44:11,200
Well, the vaccine mandate is its
own thing. 

874
00:44:11,200 --> 00:44:14,700
I don't think it'll be that much
of a problem in Tech but but 

875
00:44:15,000 --> 00:44:19,200
just the fact that we end this 
year completely unclear as to 

876
00:44:19,200 --> 00:44:21,600
whether And life will return to 
anything close to normal. 

877
00:44:22,300 --> 00:44:25,900
Everyone's living in a panic 
vaccine works, the vaccine 

878
00:44:25,900 --> 00:44:29,000
works. 
I mean I feel fine or probe acts

879
00:44:29,000 --> 00:44:33,600
here not just Pro undersells. 
It like, I mean, is there any 

880
00:44:33,600 --> 00:44:35,500
ambiguity to that? 
Like, I don't know. 

881
00:44:35,500 --> 00:44:38,100
I mean, did you see Trump by the
way, say that he got a booster, 

882
00:44:38,900 --> 00:44:41,100
he was being interviewed by Bill
O'Reilly, got a booster and then

883
00:44:41,100 --> 00:44:44,700
people started booing. 
I mean like there's no real 

884
00:44:44,700 --> 00:44:47,400
controlling that crowd at this 
point, you know? 

885
00:44:47,400 --> 00:44:49,300
It's like lettuce isn't that 
supposed to be? 

886
00:44:49,400 --> 00:44:52,900
His specialty like how he lost 
because he's afraid of them. 

887
00:44:52,900 --> 00:44:55,400
He like they're terrified of 
these people at a certain level,

888
00:44:55,400 --> 00:44:57,000
you know. 
It's like it's one that you can 

889
00:44:57,000 --> 00:44:58,900
whip people up into a frenzy to 
get elected. 

890
00:44:58,900 --> 00:45:01,100
But, you know, that's a certain 
level of. 

891
00:45:01,300 --> 00:45:04,900
I do things like the case 
against Constitution, dour and 

892
00:45:04,900 --> 00:45:07,000
ft stuff. 
Being the biggest story of the 

893
00:45:07,000 --> 00:45:10,600
year is just, it doesn't have 
like a political component which

894
00:45:10,600 --> 00:45:14,500
would broaden it. 
I do think the Robin Hood. 

895
00:45:15,400 --> 00:45:18,300
The meme stocks. 
There's such a political they're

896
00:45:18,300 --> 00:45:23,900
still like the regular guy and 
sort of the don't trust 

897
00:45:23,900 --> 00:45:27,700
Authority. 
We can I don't know that that 

898
00:45:27,700 --> 00:45:31,500
has that strain. 
I do I Clubhouse obviously most 

899
00:45:31,500 --> 00:45:33,600
Americans. 
I most Americans have no idea 

900
00:45:33,600 --> 00:45:37,100
clubhouses. 
So in a, in a sort of broad 

901
00:45:37,100 --> 00:45:41,900
sense, it is in no way the story
of the year, but as a framing 

902
00:45:41,900 --> 00:45:47,400
device, Four people in Silicon 
Valley for what happened this 

903
00:45:47,400 --> 00:45:49,600
year. 
I think it's interesting, also, 

904
00:45:49,600 --> 00:45:54,100
because there's a strong promise
that it won't be a story of 

905
00:45:54,100 --> 00:45:58,900
2022. 
So it does make 2021 feel sort 

906
00:45:58,900 --> 00:46:01,100
of stand on its own. 
I don't know what you're 

907
00:46:01,100 --> 00:46:02,900
thinking at the clubhouse, 
specifically. 

908
00:46:02,900 --> 00:46:05,000
I mean, just Clubhouse is a 
narrative. 

909
00:46:05,000 --> 00:46:06,700
I mean, clubhouses, like 
represent. 

910
00:46:06,700 --> 00:46:08,700
I mean, they could have sold to 
Twitter, right? 

911
00:46:08,700 --> 00:46:10,500
I mean, that was, there was a 
point in time where they could 

912
00:46:10,500 --> 00:46:13,600
have offloaded this thing, but 
not as a business I mean as a 

913
00:46:13,600 --> 00:46:14,300
business. 
Yeah. 

914
00:46:14,300 --> 00:46:17,300
I mean even if it's sold for 4 
billion dollars like who cares 

915
00:46:17,300 --> 00:46:20,000
about that? 
I think just the idea that like 

916
00:46:20,300 --> 00:46:24,400
for a moment, it felt like it 
was almost like pre-med a verse 

917
00:46:24,400 --> 00:46:28,100
or was like how do we all live 
online together right? 

918
00:46:28,200 --> 00:46:30,700
In the lockdown? 
I can I can follow that logic. 

919
00:46:30,700 --> 00:46:34,600
If we're going to view clubhouse
as a metaphor for this 

920
00:46:34,600 --> 00:46:37,900
increasing reality that we need 
to connect, we're going to be 

921
00:46:37,900 --> 00:46:42,300
connecting virtually as a matter
of safety and habit, I don't 

922
00:46:42,300 --> 00:46:45,600
know if Clubhouse it Elf is the 
best version of that, but 

923
00:46:47,000 --> 00:46:49,700
there's clearly a bet on the, 
you know, from from the top down

924
00:46:49,700 --> 00:46:53,300
in Tech that the future is going
to be some sort of virtual 

925
00:46:53,300 --> 00:46:56,100
interaction with people, and 
that's normal. 

926
00:46:56,600 --> 00:46:59,700
And although, like we've talked 
about on the show, I don't think

927
00:46:59,700 --> 00:47:03,400
we're not there yet, and there's
a huge amount of drawbacks that 

928
00:47:03,800 --> 00:47:06,900
should we ever return to normal?
I just don't think is going to 

929
00:47:06,908 --> 00:47:09,800
be as big as people expect it to
be, at least, unless it gets way

930
00:47:09,800 --> 00:47:15,500
cooler, which it clearly isn't 
yet, but But yeah, I it came in 

931
00:47:15,500 --> 00:47:18,500
to a point where it's being 
widely discussed and there's a 

932
00:47:18,508 --> 00:47:20,100
huge amount of money put into 
it. 

933
00:47:20,800 --> 00:47:24,400
I'm not that psyched for it. 
I saw like there's some analysts

934
00:47:24,400 --> 00:47:27,200
report over the weekend that 
said that like apples a our 

935
00:47:27,200 --> 00:47:30,000
device is going to come out as 
soon as next year and people are

936
00:47:30,008 --> 00:47:33,000
getting hyped about that. 
I'm first of all, I'd be 

937
00:47:33,000 --> 00:47:35,400
surprised if it does come out 
next year and I be fully 

938
00:47:35,400 --> 00:47:40,000
prepared for it to suck to me. 
I mean the metaverse is just a 

939
00:47:40,000 --> 00:47:42,700
matter of timing, I mean I don't
know that will be in there. 

940
00:47:43,200 --> 00:47:45,900
Made the argument my strong 
position that I have not wavered

941
00:47:45,900 --> 00:47:50,100
from is just the metaverse just 
has to be better than work where

942
00:47:50,100 --> 00:47:52,100
I do think we're going to be 
mostly remote at work. 

943
00:47:52,400 --> 00:47:54,400
People are going to need a place
to collaborate. 

944
00:47:54,400 --> 00:47:58,700
It's better than just like going
from browser to browser that 

945
00:47:58,700 --> 00:48:00,600
that will happen. 
That will be the metaverse. 

946
00:48:01,200 --> 00:48:04,700
And people already spent hours a
day on gaming will instead of 

947
00:48:04,700 --> 00:48:08,200
operating systems, we have sort 
of a connecting Universe between

948
00:48:08,200 --> 00:48:12,200
games, I think very likely and 
then framing it as a debate 

949
00:48:12,200 --> 00:48:15,000
between Her outside is a total 
mistake. 

950
00:48:15,000 --> 00:48:18,900
Given we already spend tons of 
time in front of screens and the

951
00:48:18,900 --> 00:48:23,300
metaverse just needs to replace 
a subsection of that time. 

952
00:48:23,500 --> 00:48:26,900
And the quality, the question is
just when a single company or 

953
00:48:26,900 --> 00:48:29,500
entity can sort of build that 
how it works out, 

954
00:48:29,500 --> 00:48:32,300
technologically, and whether the
graphics and then obviously the 

955
00:48:32,308 --> 00:48:34,200
interface. 
So, there are lots of questions.

956
00:48:34,600 --> 00:48:35,800
Thank God, you saved us from 
this. 

957
00:48:35,800 --> 00:48:37,700
I'm like, oh, tiger Global is 
the story. 

958
00:48:39,300 --> 00:48:41,900
I mean, Amy was we can, you 
know, you can have cake Clark on

959
00:48:41,900 --> 00:48:43,000
here. 
You guys can battle it out. 

960
00:48:43,700 --> 00:48:47,200
Listen 2020. 
Wait 2020 is you know the year 

961
00:48:47,200 --> 00:48:51,800
of SoftBank in 2021 was the year
of tiger Global and that's how 

962
00:48:51,800 --> 00:48:56,200
every American clearly organizes
the world from Unity, right? 

963
00:48:56,200 --> 00:48:58,900
No I can't wait to go see my 
parents in a couple days and 

964
00:48:58,900 --> 00:49:02,200
talk about tiger with them and 
whether you know, do should they

965
00:49:02,207 --> 00:49:04,800
be investing alongside SoftBank,
everything, you know? 

966
00:49:05,000 --> 00:49:08,000
Yeah. 
You know, it's like she can they

967
00:49:08,000 --> 00:49:12,200
really do series. 
A what what happens if like if 

968
00:49:12,200 --> 00:49:14,200
tiger is not Willing to sort of 
Steward. 

969
00:49:14,200 --> 00:49:18,100
These companies is like a sort 
of a board member then are they 

970
00:49:18,100 --> 00:49:21,700
just relying on their early 
investors to supervise them. 

971
00:49:22,500 --> 00:49:25,600
Are they only getting in the, 
you know, the B and C to your 

972
00:49:25,600 --> 00:49:27,300
company's because the a to your 
company. 

973
00:49:27,300 --> 00:49:29,600
So you know we you know what's 
sad is that we're probably more 

974
00:49:29,600 --> 00:49:33,500
qualified to talk about that 
than we are about the metaverse.

975
00:49:33,500 --> 00:49:35,300
Oh yeah. 
That's my real job. 

976
00:49:35,400 --> 00:49:38,300
Yeah. 
I mean not really mine but right

977
00:49:38,600 --> 00:49:42,000
but definitely not the met over 
so I have no business spouting 

978
00:49:42,000 --> 00:49:44,200
off on it. 
But I guess we sort of end the 

979
00:49:44,200 --> 00:49:48,700
year in a place arguably worse 
off than we were at the start. 

980
00:49:48,700 --> 00:49:50,300
We have back now. 
You know, I take that back we 

981
00:49:50,300 --> 00:49:53,400
have vaccines we're just looking
at the news and seeing a line 

982
00:49:53,400 --> 00:49:56,500
going vertical and it gets in 
and gets a scared. 

983
00:49:56,500 --> 00:49:59,400
And the thing, we thought wasn't
going to happen or we hoped was 

984
00:49:59,400 --> 00:50:01,200
going to happen garak, got 
covid. 

985
00:50:09,400 --> 00:50:13,200
Looking at a 20 22 CES. 
Looks like it's happening, but 

986
00:50:13,200 --> 00:50:15,500
no one will attend. 
So it'll just be like the best 

987
00:50:15,500 --> 00:50:18,200
CES ever. 
Write a theoretical CES. 

988
00:50:19,200 --> 00:50:21,300
Just, I don't know. 
That's, that's going to be 

989
00:50:21,308 --> 00:50:25,900
haunting, but I'm trying to 
think like of the stuff that 

990
00:50:25,900 --> 00:50:29,100
happened. 
This Lear, what we could even 

991
00:50:29,100 --> 00:50:32,500
begin to predict will be the 
case in 22? 

992
00:50:33,600 --> 00:50:34,600
I don't know. 
Eric, where are you? 

993
00:50:34,600 --> 00:50:36,600
Like it sub? 
Stacking to pull more writers 

994
00:50:36,600 --> 00:50:39,900
away from from there. 
Are there Media Company homes? 

995
00:50:39,900 --> 00:50:42,700
Is that on its way up still, or 
has it and pass it? 

996
00:50:42,700 --> 00:50:45,600
Maxed out and it's now just 
going to be why I think the, the

997
00:50:45,600 --> 00:50:50,000
sort of angler like building 
bigger media companies is an 

998
00:50:50,000 --> 00:50:53,900
interesting theme. 
I mean, I assume Iglesias. 

999
00:50:53,900 --> 00:50:57,700
Medical ACS will keep sort of 
expanding his Empire? 

1000
00:50:58,300 --> 00:51:01,500
I just don't think I mean sure 
it's a media story but I think 

1001
00:51:01,500 --> 00:51:05,100
it's a small small Story. 
I mean the broadening would be 

1002
00:51:05,100 --> 00:51:10,200
sort of I mean I do think you 
know more visibility into how 

1003
00:51:10,200 --> 00:51:13,600
many likes solo entrepreneurs 
there are in the economy overall

1004
00:51:13,600 --> 00:51:16,100
and how that's affected the 
workplace. 

1005
00:51:16,100 --> 00:51:18,300
I mean that's that's a huge 
theme. 

1006
00:51:18,300 --> 00:51:24,200
I mean, to me, I guess my first 
question would just be like How 

1007
00:51:24,400 --> 00:51:26,900
big I mean we're in exponential 
growth right now of the 

1008
00:51:26,900 --> 00:51:30,600
pandemic, like if this holds, 
you know, all of a sudden like 

1009
00:51:31,100 --> 00:51:34,100
the insta carts that everybody, 
you know, is getting a second 

1010
00:51:34,100 --> 00:51:37,100
wind and like the airbnb's were 
happy for people to travel get 

1011
00:51:37,100 --> 00:51:39,200
hurt. 
So I do think there's like, is 

1012
00:51:39,200 --> 00:51:44,900
this a whole nother sort of 
pandemic period if that were the

1013
00:51:44,900 --> 00:51:46,200
case? 
You know, that would have big 

1014
00:51:46,200 --> 00:51:48,800
effects. 
I'm sort of skeptical, right? 

1015
00:51:48,800 --> 00:51:52,400
I think we're going to go back 
to normal pretty quickly. 

1016
00:51:53,300 --> 00:51:56,300
Second half of January or 
whatever, as a total nany, 

1017
00:51:56,300 --> 00:52:00,300
peace, just knowing people's 
willingness to, like, do this. 

1018
00:52:01,100 --> 00:52:04,800
So, in that case, I don't know. 
I think to me, my bullish 

1019
00:52:04,800 --> 00:52:10,300
prediction is still like crypto 
crypto bull, you know, just like

1020
00:52:10,300 --> 00:52:14,300
crazy crazy excitement there. 
There's just so the funds 

1021
00:52:14,300 --> 00:52:17,400
getting raised are so big that 
there's money, that's going to 

1022
00:52:17,408 --> 00:52:20,400
keep that show going. 
Even if the prices fall, I think

1023
00:52:20,400 --> 00:52:24,100
there's just a ton. 
I think it'll A crypto year. 

1024
00:52:24,100 --> 00:52:27,300
Yeah. 
And I guess the ongoing battle 

1025
00:52:27,300 --> 00:52:31,900
or maybe fake battles kayfabe 
between web to and web 3 will 

1026
00:52:32,600 --> 00:52:34,600
kick into a higher gear or 
something. 

1027
00:52:34,600 --> 00:52:35,800
I don't know. 
It doesn't really seem, they're 

1028
00:52:35,800 --> 00:52:39,100
really sides in any of this. 
I don't want to spend too much 

1029
00:52:39,100 --> 00:52:41,200
time on that, but it's like, 
yeah, these just feel like 

1030
00:52:41,200 --> 00:52:44,500
ancient grudges that are being 
dredged up via the topic of 

1031
00:52:44,500 --> 00:52:47,800
crypto that they're all friends,
girlfriends. 

1032
00:52:47,800 --> 00:52:50,900
I mean, obviously, there's some 
year will be the year of 

1033
00:52:50,900 --> 00:52:53,800
implosion, right? 
Like, I mean, We are seeing like

1034
00:52:53,800 --> 00:52:58,500
these big Executives sell off a 
lot of their Holdings if we had 

1035
00:52:58,500 --> 00:53:02,200
a big correction. 
Thanks to you know Keith or boy 

1036
00:53:02,200 --> 00:53:04,400
was saying, you know, I think 
we're at a top. 

1037
00:53:04,700 --> 00:53:08,800
I mean if interest rates go up 
and that really hurts you know, 

1038
00:53:08,800 --> 00:53:12,400
the economy and the stock market
fell, then it could be the year 

1039
00:53:12,400 --> 00:53:17,500
of, you know, the rivi insertive
Tesla Reckoning which would be a

1040
00:53:17,500 --> 00:53:20,400
huge story, right? 
If we saw the enthusiasm come 

1041
00:53:20,400 --> 00:53:24,600
out of some of the electric car 
maker, Jurors and self-driving 

1042
00:53:24,600 --> 00:53:28,800
cars and all, and we haven't 
really felt like the true Pains 

1043
00:53:29,200 --> 00:53:32,800
of, like, ice pack implosion. 
I keep saying in the newsletter 

1044
00:53:33,400 --> 00:53:36,900
that I'm bullish now, because 
most of the time, the economy 

1045
00:53:36,900 --> 00:53:40,300
goes up. 
So, it's a bad prediction game 

1046
00:53:40,300 --> 00:53:44,700
to say, oh, next year will be 
the Reckoning, but obviously, 

1047
00:53:44,700 --> 00:53:48,300
whatever your, the Reckoning 
comes will be a big story. 

1048
00:53:48,300 --> 00:53:52,700
I think of the electric auto 
makers whenever that happens. 

1049
00:53:53,400 --> 00:53:57,700
I generally just like 
predictions that said, I think 

1050
00:53:57,700 --> 00:54:00,100
that before we can have that 
kind of Reckoning, we almost 

1051
00:54:00,100 --> 00:54:04,100
need more exuberance which we 
didn't get in 2010. 

1052
00:54:04,500 --> 00:54:06,300
Not just not just because 
everybody was clinically 

1053
00:54:06,300 --> 00:54:08,800
depressed, sorry, this should be
more fun. 

1054
00:54:08,800 --> 00:54:12,000
Like if this is the peak, why 
isn't it like wildly awesome 

1055
00:54:12,000 --> 00:54:14,400
yet? 
Like and I don't mean like, I 

1056
00:54:14,400 --> 00:54:17,800
mean irrational exuberance in 
the in in the way that like an 

1057
00:54:17,800 --> 00:54:21,800
economist would use it and FTS 
aren't doing that for you but 

1058
00:54:21,800 --> 00:54:27,700
that's but so I remember in the 
mortgage market and 2006 right 

1059
00:54:27,700 --> 00:54:32,100
and seven people were like, this
is crazy, but it really took a 

1060
00:54:32,100 --> 00:54:36,600
year of absolute Insanity like 
beyond what people could have 

1061
00:54:36,600 --> 00:54:40,300
imagined so much. 
So that it's silenced doubters 

1062
00:54:40,300 --> 00:54:43,100
because it was so insane. 
That's the kind of exuberance 

1063
00:54:43,100 --> 00:54:46,000
I'm talking about talking about 
like Robert Shiller level 

1064
00:54:46,000 --> 00:54:50,400
irrational, exuberance in the 
market fine crypto Punk's for 

1065
00:54:50,500 --> 00:54:53,900
millions of dollars but those 
are things that Are still not 

1066
00:54:53,900 --> 00:54:56,500
part of the, those things that 
part of the broader economy, 

1067
00:54:56,600 --> 00:54:58,300
right? 
So, what irrational, exuberance,

1068
00:54:58,300 --> 00:55:00,000
if you're an economist 
irrational, exuberance is when 

1069
00:55:00,000 --> 00:55:03,300
it isn't just a niche of 
professional speculators. 

1070
00:55:03,500 --> 00:55:06,400
But when everybody becomes a 
professionals, regulator right, 

1071
00:55:06,400 --> 00:55:07,600
right? 
It's like, it's like a 

1072
00:55:07,800 --> 00:55:11,000
load-bearing beam collapses. 
Not just like, you know, you're 

1073
00:55:11,000 --> 00:55:13,900
weird a dealer. 
So, that's why we have it, for 

1074
00:55:13,900 --> 00:55:19,600
example, seeing the impact of a 
stock explosion, because Mom and

1075
00:55:19,600 --> 00:55:22,200
Pop aren't Instax really. 
So, when it's just the 

1076
00:55:22,200 --> 00:55:25,200
professional, Best in Class is 
getting her rights. 

1077
00:55:25,200 --> 00:55:28,200
The beauty of wealth inequality.
That there's just so much money 

1078
00:55:28,200 --> 00:55:31,100
that, like, without destroying 
the economy, they can just 

1079
00:55:31,100 --> 00:55:35,000
wildly speculative lose money, 
say that the prediction would be

1080
00:55:35,000 --> 00:55:38,500
that we need, sort of it sort of
twinned with this. 

1081
00:55:38,500 --> 00:55:41,100
I think what we will learn to 
live with the pandemic, even if 

1082
00:55:41,100 --> 00:55:43,500
it's living on Happily with it, 
that doesn't mean we'll be 

1083
00:55:43,500 --> 00:55:45,200
happy. 
We will learn to live with the 

1084
00:55:45,200 --> 00:55:48,200
pandemic in some way and that 
out of that I think there's 

1085
00:55:48,200 --> 00:55:51,400
going to be like an amount of 
escapism. 

1086
00:55:51,600 --> 00:55:54,600
That is really Tense and that 
will impact market. 

1087
00:55:54,600 --> 00:55:56,400
So impact behavior in a lot of 
ways. 

1088
00:55:56,400 --> 00:55:58,700
And that's when we're going to 
get that irrational, exuberance,

1089
00:55:58,700 --> 00:56:01,000
mmm, because you need the 
irrational, exuberance mm4, 

1090
00:56:01,000 --> 00:56:05,200
collapse to impact people. 
Broadly so 2022 is the real fun 

1091
00:56:05,200 --> 00:56:09,100
year for 2023 beans. 
Sort of, I'm not gonna put it, 

1092
00:56:09,100 --> 00:56:11,300
I'm not going to put months on 
it, I'm just saying that. 

1093
00:56:11,300 --> 00:56:13,700
I don't think we had the 
irrational exuberance level yet 

1094
00:56:13,700 --> 00:56:16,600
because not enough people are 
involved in speculative economy.

1095
00:56:16,800 --> 00:56:18,900
Right now. 
It's always why I've been sort 

1096
00:56:18,900 --> 00:56:22,200
of unexcited by the predictions 
of a bubble bursting because I 

1097
00:56:22,200 --> 00:56:26,700
just don't I think there's 
enough of the structure of the 

1098
00:56:26,700 --> 00:56:30,000
economy that really makes for, 
you know, like the bus to happen

1099
00:56:30,300 --> 00:56:33,000
to be there yet for me to see 
like, oh, this Fallout is going 

1100
00:56:33,000 --> 00:56:37,400
to be huge rather than a littl 
little implosions that happen 

1101
00:56:37,400 --> 00:56:41,600
across the landscape. 
My prediction. 

1102
00:56:41,700 --> 00:56:43,700
I guess this is just going to 
come from like where I spend a 

1103
00:56:43,700 --> 00:56:47,100
lot of my time reporting. 
I think there will be more 

1104
00:56:47,100 --> 00:56:50,800
interesting things happening on 
the labor front, within a lot of

1105
00:56:50,800 --> 00:56:52,800
these big companies than we 
have. 

1106
00:56:52,900 --> 00:56:55,000
I've expected in a while and I 
know I've been down on. 

1107
00:56:55,000 --> 00:56:58,900
Wow, yeah, that's total reverse.
I don't think it's going to come

1108
00:56:58,900 --> 00:57:01,700
from the ground up. 
I genuinely think there is not 

1109
00:57:01,700 --> 00:57:06,200
enough Co Collective action and 
organization on the part of 

1110
00:57:06,600 --> 00:57:09,600
drivers to do anything but I 
think all the stuff that's 

1111
00:57:09,600 --> 00:57:14,500
happening in Europe with the 
forcing of protections and some 

1112
00:57:14,500 --> 00:57:18,100
form of like, Proto unions on 
the part of these big companies 

1113
00:57:18,700 --> 00:57:21,300
that it's going to like, 
infiltrate the US political 

1114
00:57:21,300 --> 00:57:23,100
scene. 
And you're going to see a Of 

1115
00:57:23,100 --> 00:57:27,000
politicians pushing for this on 
like a federal or national level

1116
00:57:27,600 --> 00:57:30,400
and that wouldn't surprise me if
you start seeing like the B 

1117
00:57:30,400 --> 00:57:33,200
Administration and the lead up 
to like a midterm be in like 

1118
00:57:33,500 --> 00:57:36,800
let's fuck some stuff up and 
like force you know like through

1119
00:57:36,800 --> 00:57:40,400
executive action Union like 
protections within a lot of 

1120
00:57:40,400 --> 00:57:42,300
these big companies. 
Oh yeah that's a good 

1121
00:57:42,300 --> 00:57:44,800
prediction. 
Just to the regulatory regime 

1122
00:57:44,800 --> 00:57:47,600
finally really fires up. 
I mean part of it on antitrust 

1123
00:57:47,600 --> 00:57:51,000
were seen what Europe didn't 
Europe come down on giphy with 

1124
00:57:51,000 --> 00:57:52,500
Facebook. 
Yeah right there. 

1125
00:57:52,900 --> 00:57:56,400
Yeah, they're nervous about all 
of that but so to expand that 

1126
00:57:56,400 --> 00:58:00,000
just like labor, like you're 
having this driver's seat 

1127
00:58:00,000 --> 00:58:05,300
position around sort of tech 
regulation and then sort of the 

1128
00:58:05,300 --> 00:58:08,600
bind Administration looking for 
but specifically around unions 

1129
00:58:08,600 --> 00:58:11,000
to and and like we've seen when 
it comes to Tech that Europe is 

1130
00:58:11,000 --> 00:58:14,400
usually out ahead of the curve 
when it comes to like, you know,

1131
00:58:14,700 --> 00:58:18,200
privacy for example like they 
set more rigorous, You could 

1132
00:58:18,200 --> 00:58:20,500
argue good or not good standards
on it. 

1133
00:58:20,900 --> 00:58:24,500
And I just think like when 
you've seen Successful labor, 

1134
00:58:24,500 --> 00:58:26,900
movements happening this last 
year with like, the Kellogg 

1135
00:58:26,900 --> 00:58:28,600
strike, with the John Deere 
strike. 

1136
00:58:29,500 --> 00:58:31,900
I'm not saying that there is a 
real wave happening here, but I 

1137
00:58:31,900 --> 00:58:36,300
do think that politicians view 
it as a winning issue and that 

1138
00:58:36,300 --> 00:58:38,600
it wouldn't surprise me. 
I would actually no, let me go 

1139
00:58:38,600 --> 00:58:40,200
further. 
I think it would be more likely 

1140
00:58:40,200 --> 00:58:42,800
than not to happen that you see 
someone within the bite of 

1141
00:58:42,808 --> 00:58:45,800
ministration or on a you know, 
National political level 

1142
00:58:45,800 --> 00:58:49,900
champion this cause and suddenly
the you know these get companies

1143
00:58:49,900 --> 00:58:51,100
have to deal with it again. 
Okay. 

1144
00:58:51,100 --> 00:58:52,800
Interesting too. 
Because if there is some sort 

1145
00:58:52,900 --> 00:58:56,000
Out of downturn, the kind of 
downturn that Eric talking 

1146
00:58:56,000 --> 00:58:57,900
about, I'm not predicting, I 
agree with you. 

1147
00:58:57,900 --> 00:59:01,300
I to be clear, you're and I 
would take my cues from you 

1148
00:59:01,300 --> 00:59:04,700
before myself about the natural 
rhythms of the economy, but no, 

1149
00:59:04,700 --> 00:59:08,700
but, but someday it will come, 
but the exuberance does lead to 

1150
00:59:08,700 --> 00:59:11,300
a downturn that impacts a lot of
people. 

1151
00:59:11,600 --> 00:59:15,200
And so, if this sort of Labor 
movement is not in place. 

1152
00:59:15,700 --> 00:59:20,100
If there is nothing, for the 
people who will be negatively 

1153
00:59:20,100 --> 00:59:22,700
impacted, you don't have a 
ginormous Worcester. 

1154
00:59:22,900 --> 00:59:27,100
Capital to make it nothing but a
mere inconvenience, you know? 

1155
00:59:27,100 --> 00:59:30,900
It will have really interesting 
ramifications politically, 

1156
00:59:31,300 --> 00:59:32,700
right? 
Right. 

1157
00:59:32,800 --> 00:59:36,400
I guess that's it but within 
that is we think 2022 will still

1158
00:59:36,400 --> 00:59:41,300
be a boomer wasn't if we're not 
all at zero bond with the 

1159
00:59:41,300 --> 00:59:45,900
incoming mayor, like then then 
the irrational exuberance 

1160
00:59:45,900 --> 00:59:48,100
doesn't happen. 
I know, I can't believe I didn't

1161
00:59:48,100 --> 00:59:49,700
vote. 
I had so many places. 

1162
00:59:49,700 --> 00:59:51,300
I could have voted for Eric 
Adams. 

1163
00:59:51,300 --> 00:59:52,700
You had so many chances. 
I didn't vote. 

1164
00:59:52,800 --> 00:59:54,300
Them at all. 
And now I'm like the biggest 

1165
00:59:54,300 --> 00:59:56,100
booster. 
I'm like, this is gonna be the 

1166
00:59:56,100 --> 00:59:58,200
best. 
I'm like, yeah, that's right. 

1167
00:59:58,200 --> 01:00:01,200
That's it. 
So, you know, unless all of 

1168
01:00:01,200 --> 01:00:05,000
lower Manhattan looks like 
Studio 54, yeah. 2022 is the 

1169
01:00:05,000 --> 01:00:08,400
year of fun mayor's. 
We've got a fun mayor in San 

1170
01:00:08,400 --> 01:00:09,800
Francisco. 
To she's like, going to 

1171
01:00:09,800 --> 01:00:12,800
concerts, she's like taking her 
mask off. 

1172
01:00:12,800 --> 01:00:15,500
She's like there was a reunions 
of Bell. 

1173
01:00:15,500 --> 01:00:17,700
Biv DeVoe or someone like that. 
It's a fight. 

1174
01:00:17,700 --> 01:00:21,800
It's the year of fun mayor. 
Why I do think there is a degree

1175
01:00:21,800 --> 01:00:24,700
to, which it's like People have 
also sort of like, they're not 

1176
01:00:24,700 --> 01:00:28,000
afraid of like the alleged 
cancel culture to the extending 

1177
01:00:28,000 --> 01:00:29,500
existed. 
I do think there's a degree to 

1178
01:00:29,500 --> 01:00:33,500
which politicians have now been 
like, it's not that powerful, 

1179
01:00:33,700 --> 01:00:37,100
you know, when Governor Northern
wasn't taken out by the 

1180
01:00:37,100 --> 01:00:40,700
blackface incident, I think that
was set the he set this. 

1181
01:00:40,700 --> 01:00:43,700
Mold, that was an early. 
That was the canary in the coal.

1182
01:00:43,700 --> 01:00:45,800
Mine for cancel culture. 
It's like you know what? 

1183
01:00:45,800 --> 01:00:49,100
So is this a hard year for Barry
Weiss then if like cancel 

1184
01:00:49,100 --> 01:00:52,500
cultures losing, you know, stop,
she's building a university. 

1185
01:00:53,100 --> 01:00:55,000
That's true. 
That's her. 

1186
01:00:55,000 --> 01:00:58,900
She'll teach a course on us. 
Speak out to my mean, the show. 

1187
01:01:01,400 --> 01:01:02,700
All right, this is good. 
All right. 

1188
01:01:02,700 --> 01:01:04,000
Yeah anyway. 
Thank you guys. 

1189
01:01:04,200 --> 01:01:06,500
We should end in some like, 
salutatory way. 

1190
01:01:06,500 --> 01:01:09,500
But anyway, it was this was also
2021 was the year that we 

1191
01:01:09,500 --> 01:01:13,200
started dead cat, and our lives 
will forever be changed. 

1192
01:01:14,000 --> 01:01:15,500
I've been so grateful to get to 
spend. 

1193
01:01:15,500 --> 01:01:18,700
So much time with you guys on 
this podcast. 

1194
01:01:18,900 --> 01:01:21,000
Something that I hadn't had a 
chance to do since you all moved

1195
01:01:21,000 --> 01:01:24,800
away from San Francisco. 
So it's It's true sincerity 

1196
01:01:24,800 --> 01:01:26,700
feels very off-brand to me, I 
don't know. 

1197
01:01:26,800 --> 01:01:29,100
I'm sorry, sorry, we can cut 
that. 

1198
01:01:29,700 --> 01:01:34,000
We've argued, we've argued more 
on this podcast, we ever did in 

1199
01:01:34,000 --> 01:01:37,100
real life, which is hilarious. 
Well, that's the new. 

1200
01:01:37,100 --> 01:01:39,800
That's the metaverse baby. 
It's not real life. 

1201
01:01:39,800 --> 01:01:44,300
It's just like a simulacrum but 
angrier to a great 2022. 

1202
01:01:44,300 --> 01:01:46,700
So you guys all they're nice 
having you here.