Kash Patel Sues, Trump's Psychedelics Push, and Netflix’s Podcast Bet

Vanta. Vanta automates security and compliance, brings evidence into one place, and cuts

“audit-prep by 82%. Less manual work, clear visibility, faster deals, zero chaos. Call”

it compliance, or call it, calm appliance. Get it? Join the 15,000 companies using Vanta to prove trust. Go to V-A-N-T-A.com/com. Support for this show comes from MongoDB. If you're a developer stuck fixing bottlenecks instead of building the next biggest thing, then you need MongoDB. Mongo is the flexible unified platform that gets out of your way. It's acid compliant, enterprise-ready, and

built-to-ship AI apps fast, and it's trusted by so many of the Fortune 500 with their most

critical workloads. Developers have a word for that kind of reliability. Actually, five

words, it's a great fucking database. Start building at MongoDB.com/build. Support for this show comes from the futureology podcast. With so much changing every minute, it can sometimes feel useless to think more than a few days ahead, but looking at what's to come can completely reshape how we take on the future. And that's exactly what they're talking about on futureology. A new podcast from the Berugian Institute featuring

some of the world's brightest minds focused on what the future looks like and how to design a better one. Subscribe to futureology on YouTube or wherever you get your podcasts. You're an influencer. We've got to take you to Coachella and just have you take pictures and not enjoy the music. Hi, everyone. This is Pivot from New York Magazine in the box media podcast network. I'm Cara Swisher. And I'm Scott Galway. Hey, Scott, I just flew

in from San Francisco and boy in my arms tire. Yeah, I've heard that too before. Why did you come back or what's going on? Why did I come back? That's a very good question because I love San Francisco. I spent the weekend with my beautiful son. I helped him on his job. He's campaigning for a city council. That's all of those were cute pictures. Yeah, we had a great time when we cooked and we went hiking. Let me guess hardcore Republican. No, but I was there because I was on Bilmar

and I went to Gwyneth Paltrow's house. Oh yeah. I saw, I saw you. I, I, I tinned in. I was never

watched live TV and I tinned in live. I thought your interview was good not great. I thought you were great on over time. Oh, well, thank you. Why is, why was my interview good not great? Thank you, sir. I just felt like I never really got going and I like, um, I wanted to hear more, um, I should have just started with. I thought you were great and I thought you were especially strong on over time. That's how I felt. Thank you. That's okay. Don't worry about it. Anyway, it was good. It was actually I had

an enjoyable time was, um, bra and the manual on Jake Sullivan, which was interesting. Yeah, I love the producers. They're the total Friday night lights, like parents, everybody wants. Yes, they're great. They're really wonderful. And everyone was great. It was really nice to be there. And Ari a manual made an appearance because Rome was there for a second, yelled at me when I was in the makeup room and then ran. Um, so he's turning 65, by the way, good job getting to Medicare all day. That guy looks good.

Ari a manual looks very good for 65. He looks good. They all the manuals are in good shape. I have to

“say, I was doing a bunch. I went on John Love it. I did a lot of press for this scene. I think let me”

hear your gripe. Go ahead. Grape away. I just like members clubs and streaming platforms. I joined everything. I anything. I'm like, whatever. Paramount plus plus plus plus plus plus plus until I unsubscribe. I bet I've generally joined everything. I could not for the life of me find where to watch your goddamn show. Right, which you're on. And I went on CNN.com and typed in. I typed in Care Social wants to live forever. I got your trailer, but I couldn't find where to sign up to download

the program. I'm like, okay, folks, what's the point of producing this content of no one can find it?

So I like Mark Thompson. I like the people at CNN, but as I always say in business and in relationships,

get the easy stuff right. If somebody wants to watch the first search result, the first thing in AI, the first thing on your fucking website, when someone types in Care switch or wants to live forever, should be how to watch. Yeah. I spent a half an hour and I couldn't find the show, Tara. They showed it several times on Saturday night. It was right. It came in after Bill Mar also. They rebroadcast it on CNN. And then they showed it four times and then they showed the first

one on the network. And then it goes to the app. It just goes to the app until it goes to streaming.

“And then it'll go to streaming later 30 days, I think. But I have the app. And only that,”

I'm not a hundred and forty fucking years old. I don't want linear TV. Saying it's on four times. I know. I'm just telling you what they did. I'm not. It's like saying, you're seeing your CPAP is working. You just can't find it. I mean, anyway,

probably true. All right. I will speak to them right now. And I'm going to send you a link. I know. They're trying to really encourage that business. So go digital. So I guess. And people will pay.

“They, I think they do on balance have the best, most balanced newsroom in the world. Maybe”

the exception of the Wall Street Journal. People would pay. I pay. CNN can call me. I'll pay. I'll sign up. Take my money. He wants some consensual digital action is what he wants, especially because he's in it. Anyway, I had a beautiful time with Louis Swisher. And we had a really good time. And by the way, I think it helped because people did recognize me when I was sitting at the table there and said, how Scott, everybody did. So Scott, you helped my son do his job too.

He said, next time, bring a celebrity every time you're doing campus. So I guess we are what passes for is a celebrity in San Francisco. He's been making fun anything from tears to fear. I post on threads and your son wrote how boomer. Okay, boomer. Everybody wants to rule the world. Finally, one of the greatest bands of the 80s is getting the recognition it deserves. I'd like to roll with tears for fears, cash for towel and Emily Roda Cowsky because those guys would be too old.

Cash will make me seem sexy and boom, Emily and I will announce our love. Okay, we were getting our feet massage after doing the king of a sing as a little gift to him and and his girlfriend and and we saw that and he goes, oh my god, boomer. When he said in admiration, that he said in admiration.

Anyway, let's get up to Pet Cash Patel. I mean, he just filed a $250 million defamation suit

against the Atlantic over an article he called, quote, hit piece. It was not a hit piece. The Atlantic is calling the suit maritalist. The story is based on interviews with more than two dozen current and former officials about Patel's time at the FBI. It alleges excessive drinking, frequent absences and erratic freakouts, including over computer signing. There were reportedly multiple times over the past year where Patel's security detail had trouble waking him because he

appeared to be intoxicated. One incident involved a request for breaching equipment, the kind of slot team use after Patel was unreachable behind lock doors. I mean, this story was like, you know, anyone who saw him, you know, his antics is drunk and antics at the Olympics. It was disturbing

enough. And you know, throwing drinking, screaming. He was clearly drunk. He always looks drunk when

he's on on the Fox News. It looked like it to me. He just looked crazy. Actually, who knows if he's

“just that way. So what do you think is happening here? What's going on? And as to the lawsuit?”

Look, I think the Atlantic, my sense is this is thoughtful reporting. And it seems like his drinking is sort of an open secret. It's not about alcoholism. In my view, it's incompetence. I don't doubt that the alcohol hurts him, but generally speaking, this is an incompetent person who has black judgment. It doesn't show for work on time. Panics. You know, he's so skittish. He thinks that he thinks that he's not that he's being fired. I don't mind you drinking during the week night.

If you work for me, but be at work the next morning. And if you're not drinking and you don't show up a work, it doesn't matter why you aren't showing up for work. This guy doesn't appear to be showing up. Right. Right. This was a drinking had a lot to do with it. He drinks so much. He drinks to excess. Then he doesn't. He's also creates a national security risk, which is I think why all these people are leaking. Right. It's not because they just like him, but he also is a huge national

security risk. He's also abusing his privilege. It's very Christy now here. Right. This is the version of Christy now. And obviously, it's sort of a who's going to Christy who's going to take him down. Right. Well, I like the idea, a him and a hack sath are now referred to as the liquor cabinet. And it's a good one. Yeah. Yeah. There was a good one. They said, defense secretary, FBI had and a lead prosecutor go into a bar away that happens every day. It was for Janine Biro.

Is the other one that we're talking about. This group is really kind of like so not in control of themselves. Let me just say the one thing that really was the most disturbing in that entire story was that he then will try to do something to please Trump like try to prosecute people who prosecuted Janine or he's six people or do election denial. He's going to try to serve up like a little

“a little mouse to Trump in order to save his job. And the only thing that Trump hates is drinking”

because his brother was an alcoholic and died. But it'll be interesting if Trump will not fire him

because of this piece of that make sense. Yeah. My first girlfriend was Mexican and an alcoholic.

And she used order drinks called and I asked her what her favorite book was. And she said to Kila mockingbird. Oh, my God. Okay. Well, anyway, do you think Trump will fire him? I think it doesn't

to a bar and alcoholic a priest and a child molester. And that's just the first guy.

All right. All right. I need your thoughts. I'm going to get fire him. All right. We're done with the junk juice. Go ahead. So get this according to according to Kelsey. There's now a something like a 70 or 80% chance that Patel is fired by June 1st. And the other one that just blew my mind, which I would take the over under on or whatever you call it, that there's about a 70% chance that Trump is impeached by January 1st. So these markets are saying these markets are

predicting that the wheels are coming off the bus here, which you know, I find really unlikely here.

“We'll just got Galloway think, not couch. Oh, Patel's out. But I thought that for a while. I think he”

reflects poorly. I think headset that President likes, because when headset gets up on stage, he is so strident. He's very handsome. I think that Trump really values aesthetics. He's indignant. He's back in their face. I think Trump really likes that. And he's very resolute. Trump doesn't like thoughtfulness. He likes someone who's resolute. And I think he kind of likes that sort of brazen arrogant approach. I think Patel is all of the incompetence with none of the statue or

bravado. I just think he looks stupid. And he's making the Trump administration look stupid. And also it feels like, and I mean, you know, this better than me, but it feels like everyone at the FBI is dying to get on the phone with a reporter and should post Patel. It just seems like the whole, I mean, there's just such an, I think the two biggest brand erosions of the last 12 months have been number one, the brand U.S. number two, the brand AI. If you think about what's happened at that

brand in the last 12 months, it's gone from 70 to 80 percent people being optimistic though, like,

now it's one in 10 are optimistic. But the, the brand of the FBI, I would argue the GMN, you know, the ex files, these were, these were people that put on suits, but knew how to handle a firearm. We're very measured. We're all about serving in the agency of others. We're optimized for security, not for performance. We're not for attention. This was a great job with a ton of

“prestige. And I think Caspatel has literally trashed this brand. He's turned it into a joey bag of donuts,”

you know, two for one coyote ugly MMA meets, you know, it's like a, it's like a bar fight minus the charm. Yeah. All right. Well, he's out. I agree with you. What do your thoughts? I think he's gone. I think this was a beautiful piece of reporting. And I think they're going to go through the cabinet with next his luck and his corruption, right? That's going, and it's like thirsty attention seeking. Anyway, we'll see. I think there's, there's, it's a moment now, especially after a small while,

it's a moment for all of them. Let me ask you this. How does, how does, how does the head of the FBI have their email hacked by an Iranian group? Right. How does that happen? He's drunk. How does that happen? Because he's drunk, because he's drinking too much, because he's an idiot. But idiot and drunk. He's stupid. You remember the line from a minimal house? How can you, whether that was done by Dean warmer, but going through life's stupid and drunk is not, it's no way to live or something like that.

“Anyway, that's what he's doing. When someone asks me if I ever drink in the morning, I'm like,”

no, because I don't wake up till noon. Oh, my god. Okay. Enough with the drink and drugs. I'm not on a run. Let's get to hear it. I'm not on a roll. Iran is threatening to retaliate after the U.S. military seized in Iranian flag. Cargo ship trying to bypass the blackkate in the state of Hormuz. Iran is calling it an active piracy. Meanwhile, J.D. Vance, Steve Wittkov and Jared Kushner headed back to Pakistan for more peace talks, though. It's unclear if Iran will even show up.

First, J.D. wasn't going. Then he was going and Trump was saying all manner of things. Trump, of course, is once again threatening to take out Iran's power plants and bridges, which I know it feels like Groundhog Day, but he's doing it again. The cease fires due to end this week. I'll also note, Andrew Secretary Chris Wright thinks gas prices might say above $3 until 2027, though Trump is saying that's totally wrong. But California was six. It was crazy. It was six or

but in the mid-sixes, which is because they have more taxes there, obviously. But any thoughts what's happening here? Because it seems like again still, they still haven't gotten their act together this game. They can't shoot straight. There's so many things that are bubbling up in terms of incompetence and institutions in a general approach to government that took immense

resources that Americans have taken for granted. And one of those things is our incredible diplomatic

core. We got it, the diplomats. We got it, the anti-terrorist group. So when you have these summits or peace talks, 95 to 98% of the work has done done before the person lands on the ground.

it is so easy to predict nothing is going to come out of this. And I was, you know, I've been saying

“the masculinity of decent parks from masculinity is, are you optimizing for attention versus service?”

If so, that's the opposite masculinity. That defines this ridiculous trip to Pakistan. There's been no diplomatic work done. He's going to land. He's going to make an indignance speech. He's going to look for a TikTok moment that attempts to make him look make himself look presidential. He'll make further irresponsible incendiary unnecessary comments. He'll leave. And nothing will have happened. And the only other, what I've been thinking a lot

about lately is kind of the winners and losers here, initially China's a loser because of the security threat around out having the free flow of energy. They are such a big winter long term

because I was thinking about how does the world structurally change on a demand side? You got to think

that in addition to the economic costs of the streets of Hormos being sequestered or blocked, every nation in the world must be thinking, you know, we don't want to be dependent upon

“fucking straits that can be controlled by the IRGC or by Trump. So we're going to move to renewables.”

By the way, can I just interject? There's a couple. There's a really good online thing that was about. There's not just the streets of Hormos. There's an area near China that 40% of the shipping goes through. There's a number of places around the world where this happens. The straight of Malikah or Singapore, the Suez Canal. Right, exactly. Freedom of navigation, again, see above things we've taken for granted,

freedom of navigation was something that had been embraced by the entire world that said, everyone's going to pay more. Everyone's going to have insecure energy policy if we don't enforce freedom of navigation around the world. But you got to think that every nation is thinking not only economically, but from a defense standpoint, we need to have energy security. What is all roads and energy security lead to one place? Renewables. And let's talk about renewables. The

advanced manufacturing and long-term thinking of China, get this. What is the global share of the China controls of windmill production? Any guesses? No, probably not. The lot, correct. 60%. The percentage of EVs sold globally. China. 70%. China, the percentage of solar panels produced in the world. 80%. In China. So while we're sending diplomatic missions and Canada's announcing the divorcing from us, because we're an absentee irresponsible player in the marriage, China is using

advanced manufacturing to say, okay, long-term, everyone's going to start investing in renewables. And we're going to be the place that come to buy it all. And they're not only offering the manufacturing and the products. They're offering safe distribution. They're offering financing for these things. And they're saying, you can count on us. So if you don't want to be subject to the RGC or President Trump's Wimza Day, enter into an economic relationship with China. Yeah, I agree. I agree. Anyway,

it's a really, it's just, this is, this is not good from a political point of view, from a world point of view. And a lot of, there's a lot of very high-level people predicting a real collapse of lots of countries in terms of because of the slowdowns and the problems that they're just on the edge. I mean, the UAE was asking for some money. This is, they've have to solve this yesterday.

They shouldn't have done it in the first place. But now they have to solve it yesterday,

because there's a lot of other countries are interconnected. Whether you like it or not, maga folks, this is how it works. And you're going to, you're going to seek collapses all around if the UAE is asking for, what do they want? They need money is really because of the situation. All these luxury brands throughout the Middle East. And that's just small, small ball. It's like all these countries are dependent on this. And so he is reordering the world for sure,

but not in the way that favors the United States. And of course, they're sending this team of WICCOF steep. I'm steep WICCOF, honestly. This is not our best and brightest, but Jared Kushner's

“Deep WICCOF and Judy Vance. Well, just a couple of things. If you want to, if you want to, I understand what's”

going to happen in WICCOF to ask, how is it going to get his kids rich? Like, that's essentially what is driving these negotiations. But you've brought up something really important. And that it's the UAE in something that really shocked me. I was looking at analysis of projectiles that have come out of Iran. Do you realize that Iran has shot more projectiles at the UAE than Israel? And the UAE really is a model of what it means to not be the IRGC. It's they have built an

unbelievable modern economy. They respect alliances. They in many ways are trying to be more progressive around civil rights. They have made real progress around women's rights. They are everything that the IRGC is not. And it's interesting that of all the nations, the IRGC is

UAE than Israel. But they're asking, they said they're going to be forced to use Chinese money or

“other currencies if they don't get a financial outline. This is just, and that's just one country.”

There's so many that are just going to be affected. And then let me just say lots and lots of people live day to day in this country and cannot afford these prices, these gas prices. And so with Chris Wright just haphazardly saying, I'll stay above three. And it's even above three. It's above four in DC. It's above like give me a fucking break. It was six. And in this is just these cavalier fuckers. And then that that smiling idiot Kevin Hassett gets on and acts like it's no big deal.

There's something really broken about these people that is just doesn't understand the implications of anything they do. Anyway, we have to go on a quick break. When we come back, we'll talk about Joe Rogan's influence on executive orders. Support for this show comes from Framer. Running a business is pretty tough, especially if you're a perfectionist in any and every little mistake on your website just drives you insane. Framer is your shortcut to fixing those problems. Framer is an

enterprise grade, no code website builder used by teams like companies like Proplexity and Miro to move faster. With real-time collaboration in robust CMS, with everything you need for great SEO, not to mention advanced analytics that include integrated AB testing, your designers and marketers are empowered to build and maximize your dot com from day one. So whether you want to launch a new site, test a few landing pages or migrate your full dot com, Framer has programs for startups,

scaleups and large enterprises to make going from an idea to life site as easy and fast as possible. Learn how to get more out of your dot com from a Framer specialist or get started building for free today at Framer.com/pivot for 30% off a Framer Pro annual plan that's Framer.com/pivot for 30% off Framer.com/pivot rules and restrictions apply. Support for this show comes from Vanta. If your business owner you might have noticed that risk and regulation are on the rise,

customers now want proof of security before they commit and earning that trust is critical

closing deals. But the process can be expensive, complex, and time intensive. Vanta says, that's the challenge they're here to solve. Vanta automates your compliance process to bring compliance risk and customer trust together in one AI powered platform. So whether you're prepping for a SOC 2 or running an enterprise GRC program, Vanta keeps you secure and keeps your deals moving. Vanta automates the process of achieving and maintaining compliance with over 35 security and

privacy frameworks. This helps companies get compliant fast and remain compliant, opening doors to major growth opportunities and freeing up valuable time. Vanta says companies like ramp and writer spend 82% less time on audits with Vanta. That's not just faster compliance, it's more time to scale. So if you're tired of sifting through old audits and spreadsheets,

you can get a system that's always working in the background keeping you compliant,

reducing risk and helping your business scale fast and with confidence. You can get started at Vanta.com/pivot that's VAMTA.com/pivot. Vanta.com/pivot. Support for this show comes from ship station. When your company is going fast, order for filament can make or break your success. Ship stations and intelligence room and platform brings order management, rate shopping, inventory, and returns warehouse systems and comprehensive

analytics all in one place, and it can save customers 15 hours per week on fulfillment.

“With ship station, everything you need to manage getting your product to customers is in one place.”

You can connect to over 200 sales channels, and instead of five to seven disconnected tools, you've got one, and you can also set up time-saving automations. Ship station picks the best care, finds you the best rate, prints, labels, and bulk, and sends tracking updates. Done. Their data shows that sharing tracking details can cut customer service inquiries by 12%. Returns management can give you data on what's coming back and why

and analytics can show you where you're saving and where to optimize. Try ship station free for 60 days with full access to all features. No credit card needed. Go to shipstation.com and use the code Pivot for 60 days for free. 60 days gives you plenty of time to see exactly how much time and money you're saving on every shipment. That's shipstation.com/pivot. Shipstation.com/pivot. Scott, we're back with more news. Trump signed an executive order, fast tracking FDA review

“psychedelic drugs, like psilocybin, and I think it's Ibu Gain. For mental health treatment,”

all thanks to a text from Joe Rogan, Rogan, and texted Trump about Ibu Gain. Research in reducing opioid addiction and the president-meatly applied sounds great. You want FDA approval. Let's do it.

The order directs the FDA to an expedite review of the breakthrough therapy and encourage data

Rogan's been turning on Trump, and this was a gimme to Joe Rogan. As you know, I talk about

“second use of psychedelics in this series. It's very promising, but certainly shouldn't be expedited”

because some some podcaster who is very not the best information because they need to do the safety checks. If these things are going to be good for people, but I mean, what would you text Trump for? What would you like if you could jump? But this is how it's done in this country. He texts him. He went in some back. It's the most thirsty and thirsty way to get Rogan's approval. And Rogan is dumb enough to take it and then shift on these things that he cared about,

allegedly wore and they abstained things. So the whole thing is just demented. I thought this was

the most demented thing. Given how important this psychedelic research should be taken throughout

this country. Your thoughts? Well, I began is there's real potential here. I stand for setting kind of single eye. I began to reduce veterans disability rating from 30.2 to 5.1 with effects sustained at least a month out. Almost 9 and 10 participants experienced reduction in PTSD symptoms. 9 and 10 decrease in depression. 8 and 10 reduce in anxiety. So this has real potential. This is this is a great move. But here's the problem. This isn't how you do

they've been running this for a year. They could have done this a year ago. But go ahead.

“Well, okay. So I'm a big believer in prison reform. I think they're where the most”

incarcerated nation in the world. And I think that a hugely creative move would be early prison release and a review of people who are currently incarcerated. And when the Trump administration decides that it would be great to have the Kardashian on boards and she takes this on as an issue. They then get a pardon. He does these things, but he doesn't for political reasons and they're not systemic in nature. And when it comes to the, when it comes to taking something from a

class to our class one drug, I want someone who has domain expertise. I want double blind tests. I think again, another thing we have to take for granted here is the good people of the CDC, RFDA, double blind studies, doctors with actual credentials. I mean, they do, they do a really good job. It's been a huge benefit to us economically. The drugs you take are, you know, they do mistakes, but you can feel fairly certain that if you take something that's FDA approved, it's approved

for a good reason. So too slow. It's absolutely too slow on these therapies. But they're still early. And the fact that this very not smart podcaster who's very lovely in some ways and nutty in some ways and but doesn't operate in a factual environment all the time is getting to get this because he was mean to Trump and was turning on him. And then for the next couple of months, so be nice to Trump, right? The whole thing is just grow task in the, this is not how we need to,

this isn't how you run health policy. This is not health policy. That's correct. It's not legal policy.

“It's purely political and for Rogan to get used like this on an important issue. Maybe if it's”

important to him, he should demand that Trump not just because he can go to the Oval Office and hugged Trump. But it's just, oh God, I could hurt veterans if it's not done correctly, the whole, oh yeah, yeah, just, by the way, it's also going to take forever. So let's do this. Let's play the game. Let's be increasingly mean and grow our platform 10 acts. And then what is the one thing you want from Trump? What is the one policy you would want from Trump? $25 minimum wage. Oh, I love that.

Universal health care. That child care, universal child care, all those things, any of those. Check, check, check. Go to about you. Besides, it's like a missile. I would want mandatory national service. I would like that. Distribution of GOP-1 to any household with less than $50,000 in household income. Which good medical and attached to it. That's right. That's right. And incremental like you said, single pair health coverage. And

oh gosh, I could, I could, I mean, I could go on and lower the estate tax exemption to $1 million.

There's going to be $72 trillion in wealth passed on. We're not a dinastic population. We're a meritocratic population. And we need to tax inherited wealth. I got about another 15. Okay. Well, there we go. We're not. We don't have a, I can probably get Trump self. Let's get on it. Let's be a fan in a touch. Why don't we get on it? Let's get on it. Bearments say, this is Scott Galway. I would like you to do an executive order on young man or whatever the

fuck you want. I'm going to get his cell phone. You're going to text him. Okay. You're doing it.

I'm serious. I think there's a direct pipeline. I've heard, I've heard from credible resources around specific things around partners and trying to get funding for certain things. There's an entire infrastructure consultants who wander the money, get it to the Trump administration

and you get shit past. This is, and to be clear what they would say is this is always been going on.

We're just more, we're less, we're more transparent about it. No, not like this. I'm going to get a, is a number you're going to tax them. Okay. That's what we're doing this week. Why was I invited to the UFC fight of the wife? You need to go, you need to say that. I just need to settle up to him and just like pass him. I'm like watching young man beat each other up.

“I don't look at that part. Just go pet Trump. That's what you need to do and get universal health care money.”

You need to do it. You need to go in there. They're not inviting me. Even though, did you hear about this study? The influencers? Say more. Oh, it's really interesting. So there's a poll that Ipsos did about influencers, essentially. And I am the most purple,

I first of all, I'm in the top influencers, which is weird. I'm up there with the Candice Owen and

Tucker girls. I didn't know many people, but I'm the most purple. You're the most centrist? Yes, not long. I don't think the word, I think it's independent. I don't know because they don't all agree, right? But in terms of impact, I'm shocked that I was even in these lists. But independence, love for us, we're sure it's weird. It's so weird. But it's good. That's very exciting. Which means I should be at the UFC fight because I'd actually enjoy it,

but you need to go. You're an influencer. We got to take you to Coachella and just have you to make sure it's not enjoy the music. I'm surprised you can go to Coachella. But listen,

“this is what you have to do. You have to take one for the team, or you're going to also have to”

text drop because he's not taken my text, even though I am the person who represents the

independence apparently, which is ridiculous because I'm really, really close. Yeah, but I'm really liberal, which is kind of funny. All right. The NSA is using anthropics mythos, even after the Department of Defense called the company a supply chain risk, and anthropics CEO Darryu Emote met with the White House officials on Friday to work towards a compromise to bring the company's technology back to government use. Both sides described the meeting as productive.

However, when President Trump was asked about Emote's visit, he said he had no idea about the meeting he was meeting with Susie Wiles. If a compromise is reached, it would likely exclude the Pentagon because he's upset that it's a moron, and so is a male Michael who works for him. So it's, again, it's like everyone, everyone I have talked to in the other departments,

“I think the headset thing is insane, and that they want to use it because it's a better model.”

So the NSA wants to use it and everything else, and it's just kind of ridiculous that Emote has to go at and hand to deal with these children. And by the way, over at OpenAI, more kind of problems, the company lost three executives on Friday, the leader of the defunctsora, the VP of OpenAI, for science who used to work for Twitter, Kevin Wilde, and the company's CTO for B2B applications. So they're losing. There's a lot of, it's more dramatic than Google back in the day or Twitter,

it's just really quite a dramatic little company. So any thoughts on Anthropic or OpenAI? Well, history or the world hates a vacuum, and one of the biggest vacuums or voids right now that's creating chaos is the vacuum around regulation and guardrails around AI. And when Dario Amote, who is supposed to be head of a private company charged with just using every tool and his tool kit possible to create leverage and margin for shareholders,

gets so worried about something that he pulls it back, and I'm not, you know, and says he's only going to give it to JP Morgan and Apple, you know, the good guys. And he'd like to think he's sincere about it and he's generally concerned, but he shouldn't be making those calls. So if we're trusting or hoping that the U.S. and the existential threats are going to be dependent upon the kindness and wisdom of C.O.'s, we are fucked because these people

have so many incentives and pressure to just deliver and shareholder value. I agree. It's a low bar. I was with some people and they're like, a Modi's good. I'm like, it's a low fucking bar, and I don't still don't want him to decide. But in one of millions of text chains I got copied on between you and wrong, I was going to suggest to wrong in any other Democratic presidential candidate. I was actually going to, for some reason,

I think John O'Sough is in you wrote about this. It's given off for a presidential energy right now. But I think the opportunity among a Democratic candidate right now, quite frankly, is to have a very thoughtful, gets a macademic together and have a very thoughtful, ten-page or less summarized in a one or two-page cover cover summary is regulation for AI. Do you realize no one's even proposing what it would mean? What does it look like?

How do you regulate it? What is it about security? Is it about privacy? Is it about, how do you

get out ahead of us, which is a legitimate concern? Who running for president? I, you know,

everyone has put out anything thoughtful that is said, I mean, Senator Warner has put out something with Senator Holly about retraining and trying to support job destruction. But no one has really put out a thoughtful, you know, three, five, 12-point plan on this is what we should implement immediately. And by executive order that lets the economic growth run mostly, it'll cost some economic growth, but gives people some level of certainty that the government has some feel around

the risks here and outlines them. But there's nothing right now. It's just a wild west and that vacuum is being filled by a bunch of arguments, virtue signaling, false signals, comms releases, press releases.

So the vacuum is being filled by chaos around something that people aren't sure, is it a big thread?

Is it not? And it really hurts the industry because, see above, it's gone from nine and ten people being optimistic about this to one and ten. Yeah, they've really fucked it up and it's not the fault of like me complaining. I got that from one of them. It's like, it's because you're so negative. I'm like,

“get the fuck out of here. Like it's not our fault. I said that. That's what I actually said.”

I'm an influencer. I'm an pig in the Indies degree. You're right. It's worked, by the way. Anyway, it's just, they have done it to themselves. They have done it to themselves because they're so. And you know what drove me crazy? Then you get, these isn't an AI company, but it's all stuck in there. Palantir posting its manifesto on X over the weekend, which one outlet, it was points from Alex Carp's, the CEO's, both the technological republic, one outlet likened it to the ramlings

of a comic book villain and the points include "Post where Notering of Germany and Japan must be undone." I mean, it's already been undone, you dumbass. We should applaud those who attempt to build where the market failed to act. And we must resist shallow temptation of vacant and hollow pluralism. The whole thing is just, so need them to shut up. I need all the AI people to shut up, even the good ones, and just like put in good things in place because they literally have, they keep shooting themselves

in the foot about a technology that's possibly dangerous, possibly amazing, and everybody hates it,

right? Everyone who's normal hates it, not them. And then they blame us for that. Yeah, I don't get it. And I consider myself an influencer, but I suffer from paranoia. I believe that nobody is following me. Can I get you, if you went in there to them, they said, "Scott Galaway, we need you to fix this." What would be your first three moves, Mr. Brandt? We're having you and we're paying you a billion dollars for that. Yeah, the AI companies are like, "Look, people

fucking hate us." Yeah, I want to, I don't want to assemble a list of technologists at the sis and economic advisors, and I would demand a 30-day period where no model, no update of models ever released without thorough review that AB tests the shit out of this thing in terms of existential risks. And if it takes fucking a decade to get a drug through the FDA, why wouldn't we mandate that the government gets to play with any new model for 30 days? And then says, "We have found that

“this could absolutely hack the NSA or even our nuclear launch codes." Right, yeah. So you need to”

tweak the following things. And we're going to assemble a blue ribbon panel, anyone on this panel, will be paid a lot of money, have tremendous prestige, and by the way, for three years, there's a sunshine period, and you can not go on the board of any of these companies, because we don't want you trading off speaking engagements and stock options for security. But in these none of them, we should have a 30-day screening, blue, you know, blue ribbon panel that includes

your opinions, it includes these six nations that includes stock market analysts and say, "Okay, there has to be a balance between safety and economic growth." Instead, it's just like put it out there and see what happens. I know. I wouldn't, wouldn't, from a marketing, if you were doing an ad, what would it be? We know we suck, or what? What's the message? For the O.A.I. companies. Oh,

“but here's the bottom line, Kara, is that are the markets love a winner? The worst thing that's”

happening to Sam Alman right now is he's proving himself to be a not a great CEO, and he's let anthropic literally leapfrogum. The markets are a moral, anthropics can't get out at a trillion-dollar plus valuation because it is executing like no one's business, and co-work is on fire. They are doing such a great job. I think Dario is managing his brand fairly well. I think if I were Dario, and I think he's going to do this, given that he got, I kind of mentioned as much on his own play.

I would almost, I don't want to say circumvent the government, but I would be putting together an industry consortium across all of them and saying, these are recommendations, and even critics

researchers and academics and say, "How about it? We think this could cure cancer, how about it?"

Yeah, I would, I have to say, I do like, I think he's messaging well, but he never comes up with

solutions, like he just tells us it's all falling apart. So, you know, David Sags went out after this week for being too negative, and I don't think he is. I just think he went well. He's offering these scary scenarios. He needs to say, "Okay, here's what we can do." Like, he doesn't do that enough.

“That's what I would say about him. But why wouldn't they, why wouldn't they court? I mean,”

they have a lot of money. Why wouldn't they take, I don't know, a billion dollars and start a center of Berkeley and said, "This center is going to be focused on incurable diseases, and we're going to, we're going to give them all the models for free, we're going to give them compute inference." And a lot of people would say, "No, it's a profit motive." But just from, I don't want to send a perception standpoint, but why wouldn't you say, we're starting a center for

diplomatic prevention of conflict using AI. They could just do so many interesting things that show their concern about them. They're doing little bits of that, but yeah, their brand is really bad. And listen, Daria is going to be dragged down with the rest of them if they don't do something about it. Every journey is the same for mannequin Skywalker to Darth Vader. We think they're that once that are going to save us, that they should be president, and then we find out like the rest of them,

their job is to do and say whatever will get their share price up.

I love Clyde. And there you go. It's the villain's journey. They always

“end up a bond villain. And I like Daria, I don't know him personally, but I think he's made a”

series of really good moves. He's clearly an outstanding CEO. But here's an easy prediction in 24 months. Well, hate him too, because we will fall into the trap of believing that these people are responsible for our well-being. They're not. The responsible for shareholder value and that comes at a cost. And when you no one's home, see above that void, who is proposing anything resembling a regulation right now? Well, they say it, and then they, it's a one-off. What would you do? What

would you want to see? I would, I would put to, I think that's, I actually hadn't thought about it, but I would not, not add saying how good we are. I would be having, well, you know, I had a back and forth with Daria as people. I'm going to see him this week. But one of the things I said

is you're doing all these soft interviews. Do some fucking hard ones. Like, and I was of course

pitching for me, but, you know, like, get out there and do some, like, do a lot. And it doesn't have to just be him. It has to be a lot of people. Like, instead we're doing, you know, Sam Altman's sort of had a series of bad interviews. But it's got to be a broader discussion among a lot more people, right? And demand that your critics are right in front of you and don't wield when a critic says something. Instead of, like, they just, they just, they just don't want bad news and they

doesn't matter. People hate them. They really hate them. And so look at the polls, look at young people. I mean, it's just, the brand destruction is going to take them all down. And, and there's so many promising things with AI. I mean, look what happened to Reese Witherspoon this week. I got slammed because I said, what was she saying? It was, because they thought she was being paid by Chad GPT or Charles Port, or whatever it happened to be. But did you see all that? Like, because

she was saying women need to-- I didn't understand why she got so much hate for that. Because they thought it was an ad. I think that they, and maybe it was. I don't really care what she was saying was accurate. It doesn't, I mean, they said she's bought and paid for, and she must be getting money because she has blackstone money through the, whatever. Honestly, it was so innocuous and because she does books and so all the people, it just was,

it was innocuous, which is a seriously innocuous. And I got slammed for the, I wasn't really even defending or I'm like, what is she saying? That's so weird. Even, again, even if she was paid, I don't think it was, the message was the, a bad one, but I guess. And then it was like, well, I'm not going to use AI. So there. And I'm like, well, don't then, what do you want? But if you,

“if you will care about where it's going, you need to like, in the early internet,”

there were all these people who said, I'm not using the web. I'm like, knock yourself out, but it's, it's happening, my friends. Don't turn on that flash, that that electric light. I don't care. It's just, anyway, it's a bet. There's a lot of rage. The rage at her was insane. I thought. Anyway, let's go on a quick break. When we come back, a wine Netflix stock plummeted after it's latest earnings, I'm eager to hear what you have to say Scott.

Support for the show comes from Delete Me. Delete Me makes it easy quick and safe to remove your personal data online at a time when surveillance and data breaches are common enough to make everyone vulnerable. You don't have to be a public figure to be at risk of having your personal information stolen by bad actors. The terrifying reality is that we're all susceptible and the impact of identity theft can be devastating. Delete Me can help you protect your

personal privacy or the privacy of your business from docking attacks before sensitive information. Can be exploited. I have used Blamey for a while. I think it's really important to be aware

lot of time protecting their privacy. How much information is out there? How much of it is bad? And how much is being compiled together? You really have to fight hard to keep your privacy and Delete Me as an excellent tool. Last year, the New York Times Wirecutter named Delete Me their top pick for data removal services not a surprise. So, what are you waiting for? Take control of your data and keep your private life private by signing up for Delete Me.

Now, to special discount for our listeners, get 20% off your Delete Me plan when you go to

“joindeleteme.com/pivot and use the promo code pivot at checkout. The only way to get 20% off”

is to go to joindeleteme.com/pivot enter the code pivot at checkout. That's joindeleteme.com/pivot code pivot. Support for the show comes from bowl and branch. As the years go by sleep, just becomes that much more important and not just any kind of sleep. Quality sleep. Thankfully, the sheets made by bowl and branch can help you get the rmsleep you desperately need. bowl and branch bedding is designed for exactly that kind of rest. From their signature organic

cotton sheets to plush pillows, breathable blankets and temperature-regulated comforters, everything is made to create a bed that truly supports good sleep. It's incredibly soft, breathable, and built to get better over time. This is sleep you don't compromise on. I was lucky to get some items from bowl and branch. I have to say I love them. I got a waffle blanket that I love. It's so soft, it's breathable, it's just wonderful, especially if you go into summer. It's really

nice to have a breathable, yet warm, yet not too warm. Blank it. Upgrade your sleep with bowl and branch get 15% off your first order plus free shipping at bowl and branch.com/pivot with code pivot. That's bowl and branch, b-o-l-l-a-n-d-b-r-a-n-c-h.com/pivot code pivot to unlock 15% off and

completely worth it. Exclusions apply. Recommendations can be amazing. I mean maybe someone recommended

that TV show you've been obsessed with lately. But when it comes to home projects, it's different. If you don't like it show, you might lose a few minutes. If you hire a friend, a friend, a friend, a friend, to fix a leaky ceiling, you could end up with a flooded kitchen.

“Maybe I know a guy just isn't enough for your home. That's why thumbtack works so well.”

They'll match you with a top-rated local pro and you can see photos of past work, credentials and reviews all right in the app. For your next home project, try thumbtack. Higher the right pro today. Scott, we're back with more news. Netflix is out with its first earnings report since walking away from the Warner Brothers deal back in February. The company beat expectations on revenue and earnings driven by membership growth, ad sales, and higher subscription prices,

plus that $2.8 billion break-up fee. Thanks, Ellison. Thanks, Paramount. But the Q2 forecast

was below analysts' expectations. It set shares down 10%. The earnings also came with a few announcements, a deeper push into AI, and the launch of a TikTok like vertical video fee within the app, they're trying to do a lot more. AI makes total sense in that regard. And notably, Netflix co-founder and chairman of the board read Hastings has lead in the company with his term expires in June. He wants to do a lot of other things. Talk first about the earnings, we're going to get into the

Netflix's podcast plans in just a second. I can go over what they're doing, but why don't you talk about the earnings himself? And by the way, can I just take a moment? I met Reed Hastings right at the beginning of this company, and I have known him for a long time. I got to say an amazing entrepreneur, what he did and shifted deserves enormous credit. And he was really real engine, and Ted is doing a great job. Sores Bella Bajaria, so are the new people there. But Reed Hastings

is a one, is a generational entrepreneur and congratulations on your tenure. So go ahead. Yeah, agreed. The earnings were fantastic. The revenue was up 16% year over year, beating expectations. The earnings was nearly double with analysts expected. There was a bit of a sugar high

though, because of the $3 billion termination fee from the collapse Warner Brothers deal,

what shocked me was the ad tier now drives over 60% of new signups and ad supported markets, and they're on track to hit $3 billion in ad revenue this year. So now they're becoming a big media player, ads supported media player with a business that barely even existed two years ago. And the full year guidance held at about 51 to 52 billion, but Q2 guidance of 13% growth came

“in below what the bulls wanted to see. So I think that I guess I look at these earnings. I mean,”

this is the weird and the beautiful thing about the market. If I'd seen these earnings before the market's reaction, I would have guessed the market would be flat to up. So I don't know if they're taking Reed's departure as a signal. This is no longer a growth company or that just some air was coming out of the stock. I don't get it. I don't, you know, there was some speculation

like you said, he just wants to do different things. The stock was up. 18% year to date heading into the print. Now it's just up 7% but that's not bad. The I did meet with Ted Surrandos two years ago and I told him I thought they should launch a TikTok competitor because the long tail of Netflix content doesn't get viewed very much. And I thought having an open source opportunity for

“artists and creators to slice it up and it would be incredible marketing and I think they could”

have a viable competitor to TikTok. And at that point you said we used TikTok as a marketing. I would trust them. I like their stuff. So I would trust them. It looks like they're getting into the business. They're launching a TikTok style vertical video feed this month and YouTube has 13% of all US TV viewing versus Netflix and 9% but YouTube shorts has grown 186% in 15 months with shorts on connected TV accounting for part of their growth. And then matter recently announced that

reels for TV. They're doing reels for TV where users can watch short-form content on television

and reels already has a $50 billion annual run rate in ad revenue. That's more revenue than

WBD and NBC Universal combined. And basically everyone now 95% of consumers now watch some some form of short-form video. And since pre-pandemic time spent. Don't you? Time spent watching. Oh, I hate to admit it. Most people ask me what my media sources were and I used to say the FT and the economists to sound smart. The bottom line is I'm getting most of my content from short-form video right now. And time spent watching video content on social media has more than doubled since

“the pandemic. And matters revenues have nearly tripled and TikToks have grown 10fold. So I think that”

what Netflix has is they have proprietary content. So proprietary content that's not user-generated

but user-edited. What could you do? There's some been some amazing Netflix content that never

bubbles up and never get seen. Put it out and say, "Guys, have at it." Just slice it into two minute things, create new stories, add in different effects, add in different humor, different subtitles, have added. When I pitched Ted, I'm like, "Start some of called net vibes." And basically say it's a TikTok competitor with all the proprietary content of the long-tailed stuff. Love that's good. 90 percent that gets 2 percent of your viewership time. Why did you just give away that great name? That was

really good. You're talented. That was good. You said two very smart things today. That's hmm. Because I was under the influence anyways. But Ted just sort of rolled his eyes and said, "Why would we do that when TikTok is such a great marketing engine for us right now?" But it looks like they're saying, "Okay, we need a growth story." I think this is a great idea. I think they're doing it. And with the case of Netflix, the second mouse may get the cheese here. I think it's a great idea.

Oh, interesting. All right. So let me just tell you. The second thing is they're going in all-in-one podcasts, which is interesting. And I have a lot of information about this because I immediately started looking into it. Netflix is announced five more shows coming to its platforms. These are exclusive shows including a new weekly interview show with Brian Williams. Hulu is also announced four more podcasts including Handsome and Three Other was based on TV shows. Hulu's is not a strict

as Netflix requires the shows to forego YouTube entirely and Hulu does not. It looks like so this is really interesting. So I asked what the deals were. And someone said, "Deal structure looks like this." Episodic fee, low end of 25K an episode averaging average range, 50 to 75K an episode higher for select, for select talent. Production budget on top, 6 to 12 month initial terms with 26 to 52 episodes depending on term length, ownership, Netflix, but sometimes they are given

a reversion rights. I pay maybe if they're making them. I wasn't tremendously impressed with the choices they made. I like Brian Williams, but it seems like they should really go for a much more younger demo I guess or more online demo influencer demo, but that was just me. What are your thoughts here? What do you think? That's a lot of money. You know, if you got $50,000 an episode,

that's about low to money. $2.5 million. Well, we've been talking to our own book, but I

doesn't mean I don't believe it. Every political cycle, there is a technology, a bummer weaponized search, Trump Facebook. I would say the second one was about social. A lot of people would say this is now. These midterms are going to be AI midterms of the ton of misinformation, but I think in general, this election or the last election was really the podcast election. And

“do you remember that graph that showed that newspapers were getting 30% of all ad revenue,”

but they only had 8% readership in the internet was getting 10% revenue, but at 50% of all time, those two tend to calibrate. And the fastest growing out-supported medium in the nation is not

lower cost of means of production. It's 80% of TV. And a closer relationship with fans that you

“have to, you can't leave that out. It's not just because energy. And it's not starched. It's not,”

it's not a handsome guy saying save content for 22 minutes. And then showing a video about a butterfly garden. It says, it's people who are willing. And some people like the conspiracy shit. And some people want people calling Heggseth a drunk. And sometimes people are just so fucking talented that they bubble up past the means of production that have sequestered some of this talent. And it was podcasting, you know, the Golden Globes. Now has it as a category.

We're up. Pivot is up 25 or 30% this year. Propging media is up 46% this year. Podcasts are growing like crazy. And what's even more interesting is the the chaser effects of the following. The average age of a Fox viewer 69, CNN 67, CNBC 64, the average podcast listener is 34. And when you're 34, it means you're buying houses, cars getting kids, which are very expensive and dogs. So this is, this is quote unquote, the core demographic. So in, in addition, as evidence

by the fact that the easiest guess for carrots, which are in Scott Galloy to get on their show is someone running for president. Yeah. We can call the time. Anyone who's thinking quote unquote, not going to make the decision in a year to year with their family. Yeah, they're calling

“us and they want to come on because they're running for president because. How many messages right here?”

Because the, what's interesting is that, you know, I don't know if you found this, but I'm profiting, they don't perform that well. I find that really interesting. The more interesting I'm doing, Buddha judge did great. I'll tell you that. He's exceptional. He's, he's exceptional. We knew some did really well. That's not true. It's not true. Some of them do well. It depends. I'm going to, I'm going to pay attention to what that's well. I find on average politicians don't

score nearly as well. Somebody other guests, we have. But anyways, the in terms of downloads of your ship. But my point is the new people actually listen to the ads. The other innovation that no traditional media company want to do because they decided their talent was too precious as host readovers. That gets, if you do a, if you just do an insert ad on YouTube or just an insert ad, you get between three and 10 bucks CPMs, you're reading over an ad. You talking about

your Chevy Bolt and how much you like it, which you really do. That gets a CPM of 45 or 50 bucks. Chevy, the media company at General Motors is like they're, they're allocating more and more money.

And now these things finally have the scale. So an, an Netflix is could be the new Netflix is late

on short for video. They're late on podcasts. But when you have a direct relationship with 80 percent of households, you can play catch up pretty fast. One of the things that drives me crazy with the media reporters, when they were talking about the box thing, I was like, you all don't get where the money is now, where the voices are, where the, like, it just drives me crazy because they're living in a different world. Like, when I, not all of them, by the way, but when I, I've been doing

a lot of press for this thing and I'm like, they're like, "Oh, is Vox trying to save itself?" I'm like, "No, it has valuable, a thing that's valuable, you idiots." And so, you know, and the same thing with these deals, they were sort of pooping. I'm like, "You don't understand what's happening here." And I can't say it enough, just sitting at a table on a street in San Francisco with my son, the kind of people that stopped, people that stopped me on the street. Now, it's really

astonishing, like, nothing I've ever done. And it's, and most of people Scott tell me, thank you for doing what you and Scott are doing. Or thank you for doing that interview. They thank you for your

content. That never happened to me before in my life. So, I don't know how you feel about that.

The most rewarding thing about it, I mean, look, the, the money's great, but the most rewarding thing about it is that when people come up to you, they start speaking to you as if they're your friend. And it's really nice. People feel a parasocial, they have a parasocial relationship

“with you. And they're, they feel good about you. I think it's because you're physically in”

their ears oftentimes, so it creates intimacy. And also, you're talking to them as they're doing something quite personal. They're walking the dog, they're doing the dishes. It's their morning routine. But I think the most rewarding thing about being a podcast or, like, if you get to a certain point, it's a little bit like the NBA. The analogy I use is that when I road crew at UCLA, there's been 2,000 people who have road crew 10, 10 went to the Olympics. So, what is that? Like a

0.5% and even 0.5% went to the Olympics. It's, it's 0.1% of podcasters are self-sustaining

have a successful podcast. This is a difficult business. But once you get, once you get to break

even, the economics here are incredible. Because there's, what do we have? We have, we have three producers. We have, we outsource our ad sales to, to Vox. And this is a $15 million business growing to $25, probably in the next 24 months. Just do the math. This is an incredibly, this is, it creates as much EBITDA. Pivot will probably create as much EBITDA is one of the most successful shows on MSNow or Fox from anywhere else. It won't be as big top line. But the EBITDA margins

are just incredibly dramatic. But hands down the most rewarding thing from a hostaire point. It's the relationship with fans. These really lovely people come up to you and they start talking

to about their kids. I mean, maybe they do that. Maybe they never have it. We'll never had it happen.

My whole career. I have it along in pretty, like, well, number. But I'll tell you, at very famous author was on my plane today. And he texted me, he had my number. He texted me, just thank you for what you're doing. And he, he didn't want to say hi, because he felt like he was bothering

“me, which he wasn't. But what I'll say is we have, we have a responsibility. And I think our”

responsibility, and I'm, I'm trying to live up to this, is the medium is creating good vibes. I think mostly, because, and I do think this is true of most podcasts. When you go on cable TV, and this happened to me when I went on Pierce Morgan or a couple times when I've gone off Fox, they're trying to engage a little bit and call out culture and create antagonism. I have found the vast majority of podcasts. When I go on a podcast, even if they disagree with me,

even if they're conservative, they're trying to present you in a fair and positive light. And I think as podcasts, we have an obligation to maintain that cultural zeitgeist. To be, to show some grace, to, even if you disagree with people, we're not in the business of calling them out. You want a thoughtful new ons conversation. Let them run with their views. Yes, that's, I wouldn't say, no, it's okay to disagree. And it's okay to push back. I do think

“you have to informational. And like, let's hear this person is what I'm trying to do. And I'll”

like, with the tilless one. You're not, your goal isn't to make them look stupid. All right. Your goal is to have a thoughtful discourse such that your listeners, your listeners learn, but also to demonstrate the people from different sides of the political spectrum can demonstrate some grace towards each other. I agree. I agree with you. All right, Scott. One more quick break. We'll be back for wins and fails.

Support for the show comes from Odo. Running a business is hard enough. So why make it harder? With it doesn't different apps that don't talk to each other. Introducing Odo, it's the only business software you'll ever need. It's an all-in-one fully integrated platform that makes your work easier. CRM, accounting, inventory, e-commerce, and more. And the best part,

“Odo replaces multiple expensive platforms for a fraction of the cost. That's why over thousands”

of businesses have made the switch. So why not you? Try Odo for free at Odo.com. That's Odo.com. Support for this show comes from Atio, the AI CRM for modern businesses. There are teams

closing deals twice as fast as everyone else. Always one step ahead. Always prepared. But how are

they doing that? Come to find out they're using Atio. Atio connects your email, calls, product data, and more, so you always have complete context on every customer. You can then ask Atio to plan your next move, draft outreach, spot deals at risk, and find out where anything stands. Ask more from your CRM. Ask Atio. You can go to atio.com/vox, and you'll get 15% off your first year. That's ATT-I-O.com/vox.

Okay, Scott, we're going to do some wins and fails. I'm going to go first if you don't mind. I already talked about Palantir's stupid manifesto. But two people, Ron Conway, a really well-known figure in Silicon Valley, who had like very much. He was the one that was pushing back on. I just really like him. He and I have had lots of beefs over the years, but he's a really legendary venture capitalist. He announced he had a cancer.

stuff, and San Francisco, incredibly generous, and unusual for a lot of these VCs who just only

“think about themselves. But Ron's a very civic minded person in San Francisco. And people have”

different Vs from them, but I really adore him. And he's struggling with some cancer. And he wrote me a series of very joyful texts over the weekend. I love you. Thank you so much. I wrote him a note, and I just hope he has all the money to do and all the connections and science, because he's

done so much fundraising. I hope for the best for him. And the second one is, so that's a fail for

mine. And same thing as Senator Warner's daughter died. She had juvenile diabetes, and I series of health issues, and I both Scott and I love talking to him. We find him very thoughtful. And so I just -- my condolences go to him. She's 36 years old, and again, struggled with juvenile diabetes and ensuing bunches of issues. And my win is this Atlantic piece. It's a little bit of a dunker, but everyone is getting on board with this idea that maybe the tech billionaires

“aren't here to help us, which I think is a narrative I've tried to get through a little bit.”

But I thought that this guy Noah Hawley, who was responsible for Fargo and a bunch of other things I love online. He's been writing for the Atlantic, and I just really, really enjoy his work, but I really -- let me just read two quotes from this piece and the Atlantic. It's called what I learned about billionaires at Jeff Bezos's private retreat. These guys are having their own retreats. The basis is called campfire. And it's a devastating piece, actually, and I think very true and fair.

This is the humorous of accomplishment to be declared a genius at one thing is to begin to believe you are a genius at everything. It's not that the wealthy become evil. It's that their environment stops teaching them the things that non-wealthy people are forced to learn, simply by living in a world that pushes back. When you can buy your way out of any mistake,

“when you can fire anyone who disagrees with you, when your social circle consists entirely of”

people who need something from you, the basic mechanism by which humans learn that other people are real, goes dark. Fantastic piece, Noah Hawley. I recommend it. It's beautifully written and incredibly fair. Anyway, yours. I'm just going to -- I'm just parading your comments. I did not know that about Ron Conway, and I'm sorry to hear that. Ron invested into my company's back in the 90s when I was playing in traffic and starting e-commerce companies. He invested -- he was one

of my first investors in Red envelope, and one of my first investors in my e-commerce incubator, brand plan. I know that. Wow. Yeah. And I'll say this about Ron. You know, you have good investors, and you have bad investors. And Ron, I would just describe as incredibly supportive. No matter what was going on was emotionally and financially just like really on the side of entrepreneurs. And I'm sorry to hear that. And I share your warm wishes. I also share your condolences and

sympathies with Senator Warner, obviously, every parent's worst nightmare. I'm not -- I know Senator Warner, I would consider myself friendly, but I'm not close friends with him, but I have a close friend who's very close to Senator Warner. And the Senator has been approached by any number of people on a regular basis about running for president. And a lot of people felt that he brought the gravitas, the credentials. And quite frankly, they kind of moderate the moderate positioning that

they thought would be a great candidate for president. And what I have heard is that he never ever

ever seriously concerned considered it because he was always very focused on his family. So he is that guy, not the one who was performative. I'm going to check with my family. He was oftentimes people wanted to draft him, but he was always kind of family for, anyways, a share your condolences. My win is much more boring. I just wanted to talk a little bit about read Hastings in just the incredible tenure, 99 to 2023, founded in 1997. So he's there 30 years. So you want to talk about

from a startup to global giant. In 2000, they had 300,000 subscribers. This year, they'll have 300 million. The revenue went from the revenue went from 3 billion and 2011. This year, it will do 45

billion. In terms of market value, they rejected a $50 million acquisition offer in 2000. This year,

though, they're now worth about 400 billion. One of the largest value creations in tech history in terms of business transformation. Talk about the mother of all, you know, big ball pivot from DVD rentals to streaming in 2007 from streaming to original content with house of cards.

in the 2000s, multi-billions in annual profits. And then the cultural impact that people know talking about was that Netflix deck, they put out on their culture. They talk about freedom and responsibility, no vacation limits, high performance culture and the thing. I did actually take something from them. They stated out loud that they wanted to be a company known for exceptional

compensation. And I've tried to adopt the same thing. I've always tried to pay my people more

than market or I shouldn't say, oh, it's the last 10 years. But this company, they took a DVD by mail startup. They pivoted into streaming. They scaled a globally and they turned it into a half a trillion dollar media platform 30 years, 1000 x user growth, 15 x revenue growth. And, you know, redefined or defined the category. I would argue one of the top five to 10 tech CEO careers at the last 30s and no one. He did it with a lot of grace. He was never, he was never, he was never scandal,

never ship posting other people, never found, drunk driving, never shitty tweets. He had to erase or delete attention on himself. Can I just add that? I've had him on stage many times. But I have to say of all the people. I would rather spend time with read Hastings. And I know while

he would all hate their missystem. But it's not their fault that they found a way to do a different

system. It's Hollywood's fault for having a bad economic system that was no longer sustainable.

“They like to sort of blame Netflix. I think that's unfair. They do what they do. That's what”

they make. And I don't think they're diminishing it. You just, you don't have to watch it if you don't like it in that regard. And I think they put out a lot of great content actually. They put a lot of silly content too. But I got to tell you what a, he's a fucking class act. He's so was wrong. They're class acts. All these guys are talking about. And he clearly imprinted really solid DNA. The Kosea is now a Greg Peters and Ted Srandos. I don't know Greg, but I know Ted. But they're both

have a reputation for being not only very intelligent, but very decent man. So Netflix is a great company, great leadership. And this guy's historic run is his historic. So my win is the tenure of of read Hastings. By the way, one of the things I was thinking about Scott was you talked about that is the decency. And we started with the incompetence like a cash betel. People are fucking sick of these incompetence. And these, like, look at me performative bullshit liars. Like, I don't

know what else to say. But I was watching Obama and Mandami think they were promoting universal free childcare and singing wheels on the bus. Did you see that video? It was very like a ball of humane. It was really nice. Yes, it was so nice. I was like enough of that. The other shit,

“the cash betel and more of that. More wheels on the bus. That's what I'm to say. Anyway, we want to”

hear from you. Send us your questions about business tech or whatever's on your mind. Go to nmag.com/pivot to submit a question for the show or call eight five five five five one pivot. Elsewhere in the Karen Scott universe this week on on with Kara Swisher. I spoke with comedian Nikki Glazer who is a new stand up special called Good Girl Coming Up Friday on Hulu. She talked about how overcoming fear pushes her to be the best. Let's listen to a clip. I love fear. I run into fear.

Picture fear is like a wall that you have to run into. It's was I kind of go into that of like I know that myself a steam is built upon doing things that are hard and conquering them. So I know that on the other side of doing this horribly uncomfortable thing is me feeling better about myself. It's a great interview. Scott, you remind of me of you a little bit. It was interesting. I was talking to her. It was interesting. I think you like it.

Galagher gives a dirty. She's also dirty. She talked about that. Anyway, the show is called Good Girl.

And she's not always good in the show, but actually she is. She's a really talented

“comic. I like her a lot and very thoughtful and very funny. That's the most important part.”

Okay, that's the show. Let's thanks for listening to Pivot and be sure to like and subscribe to our YouTube channel. We'll be back on Friday. Today's show is for you, it's by Lairon Amin and so I'm Marcus Taylor Griffin and Todd Weissman. Learning to start engineered the episode which should be edited. The video, thanks also for your bros, Mr. Varian, and I wish you a lot of

shot-core. I was about to make sure to subscribe. Thanks for listening to Pivot and be sure to follow Pivot on your favorite podcast platform. Thanks for listening to Pivot from your magazine of Oxford Media. It's a shout out to the magazine and when back.com/pod, we'll be back later this week for another breakdown of all things tech and business care. Have a great rest of the week. Support for the show comes from Odo. Running a business is hard enough so why make it harder

with it doesn't different apps that don't talk to each other. Introducing Odo, it's the only business software you'll ever need. It's an all-in-one fully integrated platform

And the best part, Odo replaces multiple expensive platforms for a fraction of the cost.

“That's why over thousands of businesses have made the switch. So why not you? Try Odo for free”

at Odo.com. That's Odo.com. Support for the show comes from Odo. Running a business is hard

enough so why make it harder with it doesn't different apps that don't talk to each other. Introducing

Odo, it's the only business software you'll ever need. It's an all-in-one fully integrated platform

that makes your work easier. CRM, accounting, inventory, e-commerce, and more. And the best part,

“Odo replaces multiple expensive platforms for a fraction of the cost. That's why over thousands”

of businesses have made the switch. So why not you? Try Odo for free at Odo.com. That's Odo.com. No sign. No 50 of them. And designed before nine. My credit hurts.

“Anybody tools to help with this point? Aha! Barb made her move.”

Chew and kill her. And got in the groove. While creating canvas sheets, create 50 signs big for suburban streets. And in a click, all complete. Sweet! Now, imagine what your dreams can become. When you put imagination to work, at Canva.com.