Vic and Marcus unpack a chaotic week across AI, markets, healthcare, and crypto. They begin with a viral Substack post outlining a “2028 Global Intelligence Crisis” that triggered market volatility and reignited debate over mass white-collar job displacement. They examine Block’s decision to cut more than 40% of its workforce amid AI-driven efficiency gains and debate whether entrepreneurship will replace traditional employment. The conversation moves through new AI startups transforming medtech sales and credentialing, automation in healthcare front offices and pathology, and escalating Medicaid and ACA policy shifts that could impact deductibles and medical debt. They discuss ongoing GLP-1 coverage battles, pharma competition between Novo Nordisk and Eli Lilly, and enforcement actions against payer ghost networks. The episode also covers stablecoin growth, Coinbase’s expansion into U.S. stock trading, and the rise of agent-to-agent AI payments. They close with a high-stakes clash between the Trump administration and Anthropic over military AI use, exploring brand integrity, national security, and the future relationship between AI companies and the federal government.

Links

Story #1 AI Fears Shake Market

1:25 - THE 2028 GLOBAL INTELLIGENCE CRISIS Substack

7:32 - Jack’s announcement X

Story #2 VC Deals

13:57 - MedScout Raises $10M and Launches AI Agents for MedTech Commercial Teams Healthcare Dive

15:24 - Altman-backed startup Verifiable rolls out AI agent to automate credentialing Fierce Healthca

17:24 - Third Way Health raises $15M for front-office AI Axios

18:12 - Coral Care Raises $13M to Scale In-Home Pediatric Therapy MedCity

Story #3 Feds Pause $ for MN

18:49 - Vance Announces Pause of Nearly $260 Million in Minnesota Medicaid Funding WSJ

22:54 - CMS unveils new initiatives aimed at cracking down on healthcare fraud Fierce Healthcare