Diet TBPN: November 5, 2025

Summary

---

TBPN Podcast Summary

Episode: Diet TBPN: November 5, 2025
Date: November 6, 2025
Host(s): John Coogan & Jordi Hays
Note: The episode features regular contributors Tyler and Nick, with occasional guest interventions.

---

Episode Overview

This episode of Diet TBPN covers a range of fast-moving technology and policy topics characteristic of TBPN’s wry, irreverent tone. Key discussions revolve around Jared Isaacman’s renomination as NASA administrator, the ongoing “Moon vs. Mars” debate in American space policy, shifting attitudes among tech and AI elites, systemic perspectives on generational politics and economic trends, and the creeping normalization of AI-generated content. The hosts weave commentary on news, industry personalities, cultural observations, and a touch of absurdist tech optimism.

---

Key Topics & Discussion Breakdown

1. Jared Isaacman’s Return as NASA Administrator Contender

[00:06–04:13]

• News: Jared Isaacman is again being considered for NASA administrator after a previous withdrawal.
• Speculation on Withdrawal:
  • Official White House reason: Past political donations.
  • Media speculation: Result of the Elon Musk–Trump fallout on X.
• Recent Events:
  • Elon Musk and Donald Trump made amends at the Charlie Kirk Memorial, suggesting "water under the bridge."
• Isaacman's Credentials:
  • Started Shift4 Payments at 16; the company has 4,000 employees and processes payments for Starlink.
  • Has spaceflight experience as a SpaceX passenger.
  • Nick: “He started his company when he was 16 years old. 16. And it's like a serious business. Billions in revenue, real earnings.” [01:47]
  • Tyler: “And he's been to space, which is just crazy. He's kind of like really earned his bona fides…” [02:12]

Notable Quote

“Thank you, Mr. President, for this opportunity. It will be an honor to serve my country under your leadership. The support from the space loving community has been overwhelming. These are the most exciting times. The dawn since the dawn of the space age. And I truly believe the future we have all been waiting for will soon become a reality.” — Nick, paraphrasing Isaacman’s tone [00:55]

---

2. The “Moon vs. Mars” Debate

[02:31–06:34]

• Ongoing Policy Question: Should U.S. government space efforts prioritize the Moon (Artemis, SLS rocket, Orion capsule) or Mars (SpaceX’s stated goal)?
• Isaacman’s View: Has criticized the slow, expensive pace of Moon efforts, pushing for faster, cheaper scaling.
• Historical Context: Recall of George W. Bush’s vision for lunar return and Mars missions, which mostly fizzled into overspending on Orion.
• Broader Implication: Not just political or technical, but a strategic clarity issue—Moon, Mars, or “counterbalancing China”?
• Geopolitics: China’s rapid lunar progress may force a U.S. policy recalibration.
• Space Tech Corporate Convergence: Data center plans from SpaceX, Google (Sundar Pichai), and Nvidia (Jensen Huang) discussed.
• Nick: “Now we have Jensen Huang, we have Elon Musk, and we have Sundar Pichai all saying we're going to do data centers in space... That’s like, hey, we're going to, we're going to be taking this seriously.” [05:37]

Notable Quote

“The fact that we haven't been able to scale our rocket program … has become a bit of a stain on American ingenuity.” — Nick [03:04]

“Shouldn't be a lost art.” — Tyler [03:22]

---

3. Space Data Centers, AI, and “Moonpilled” Tech

[06:00–08:14]

• AI & Data Centers in Space:
  • Elon Musk recently posted about quantum computing on the Moon; Sundar Pichai unveiled “Project Suncatcher” (Google’s moonshot for ML compute in space).
  • Discussion oozes skepticism and amusement at the rate of “sci-fi future” ideas becoming plausible.
• Cultural Reaction:
  • Tyler: “I would like to inform everyone that data centers in space still make me want to blow my brains out.” [06:53]
  • The group jokes about the absurdity of early space tech proposals now being mundane.
• Net Neutrality & Space Launches:
  • Musk, despite controlling launch capabilities, can't block rivals (due to regulatory issues akin to net neutrality in railroads).

---

4. The AI “Bubble Talk” and Public Misunderstanding

[08:45–10:47]

• Bubble Narratives:

  • Debate over whether AI is in a bubble, and which groups have historically misunderstood or mispredicted tech trends.
  • Reference to Eliezer Yudkowsky and others who veer between “AI doom” and skepticism.
  • Nick: “...there's people that are. That have been like, AI will never pass the Turing test, but there's also like the Eliezer Yudkowski, which was like, AI is going to kill us, like next year.” [09:00]

• Critique of Mainstream Coverage:

  • Many journalists/bloggers make inconsistent arguments, sometimes simultaneously asserting contradictory things about tech leaders (e.g., Sam Altman).

• Galman Amnesia Effect:

  • Tyler discusses how reading bad takes about AI from usually reliable sources forces him to question journalistic authority in other domains.

  Notable Quote

  “For me, the Galman amnesia effect has just been crazy lately because... In a single short essay that they're writing, there's easily like 10 to 15 things that are either wrong or just. I completely disagree with the take.” — Tyler [10:18]

---

5. Generational Politics: Socialism, Debt, and College Value

[11:31–13:52]

• Millennial Socialist Sentiment:
  • Tyler: 70% of millennials are pro-socialist—it’s not just “entitlement,” but driven by economic reality: debt, unaffordable housing, lack of personal capital.
  • Tyler: “...when one has too much student debt or if housing is too unaffordable, then one will have negative capital for a long time and... may well turn against [capitalism].” [12:43]
• Student Debt’s Influence:
  • Debt transforms college from self-discovery to a high-stakes financial burden.
  • Nick: “It just sucks to go through that and then come out with $200,000 in debt.” [13:41]
  • Debate: College good/bad vs. college as good/bad value—an overlooked but crucial distinction.
• College as Time-Buyer vs. Waste of Time
  • Tyler: “School is a way to buy time to figure out how you want to spend your time. But... a lot of people are just doing it to kill time...” [13:52]

---

6. Platforms, Newsletters, & Platform Incentives

[14:21–16:28]

• Substack vs. X (formerly Twitter):
  • Recent feud and reconciliation impacts writers’ businesses.
  • Nick dissects why traditional social platforms resist email newsletter offerings: control and counter-positioning.
  • Some technical details on X’s iOS link viewer exclusions (e.g., Substack, Instagram).
• Humor on Tech Housing:
  • Nick wonders why friends haven’t bought the Getty house in Berkeley Hills for a rationalist “AI dev polycule” or “techno monastery” [16:29].

---

7. Big Picture Tech/Philosophy: Left, Right, and Abundance

[16:47–18:38]

• Young Macro’s Framing:
  • Left (Ezra Klein/abundance) and Right (Alex Karp/technological republic) now converge: “We need to build more. We need to create abundance through capitalism.”
  • Nick cites Young Macro for connecting Nietzsche to the modern supply-side impulse, in opposition to reductionist takes in philosophy and politics.
  • Recognition for Young Macro’s “fact-checked by Real Landian neo deep statistics.”
• OpenAI CFO Sarah Fryer's View:
  • Says markets aren’t exuberant enough about AI’s potential, not just anxious about bubbles.
  • Nick jokes: “I got some exuberance for you right here. AI it’s coming.” [18:38]

---

8. Market Moves, AI Slop, and Content Authenticity

[18:50–21:45]

• Crypto & Tech Stocks:
  • Joe Weisenthal: Bitcoin has underperformed U.S. Treasuries in 2025.
  • Meta speculation: Will they launch a GP cloud? High probability, as per group consensus.
• Pinterest & Reddit:
  • Pinterest stock fell; Reddit is now “the AI data broker company.”
  • Discussion: AI-generated content now infiltrates Reddit, Pinterest, and X—what percentage of new posts are bots vs. human?
  • “AI slop” is spreading, but some corners (e.g., personal follows) remain human-authored.
  • Nick: “...on X, it should be the easiest thing to AI… 140 characters… What percentage ... is AI? Like 1%? Right.” [20:24]

---

9. China, American Industrial Dynamism, and Open Source AI

[21:45–22:58]

• Solar Manufacturing Facility:
  • Facility in U.S. built by Chinese company (Atrina Solar), then taken by T1 Energy due to regulatory pressure.
  • Nick: “I regard TSMC Arizona as like a win for American dynamism … I’ll just take a factory in America that’s owned and operated by another country.”
  • China now surpasses U.S. in cumulative AI open source model downloads per A16Z.
• Open Source AI Grant:
  • New initiative to grant GCP compute credits to open source AI projects.
  • Tyler is in touch with Louis (presumably Louis Beryl from A16Z) on this.

---

10. Episode Wrap

[23:10]

• Tyler and Nick thank the audience, signing off with the show’s trademark blend of affection and irony.

---

Notable Quotes & Timestamps

• Nick on Isaacman’s entrepreneurial journey:
  “He started his company when he was 16 years old. 16. And it's like a serious business. Billions in revenue, real earnings.” — [01:47]
• Tyler on U.S. lunar ambitions:
  “Shouldn’t be a lost art.” — [03:22]
• Tyler’s sardonic take on tech hype:
  “...data centers in space still make me want to blow my brains out.” — [06:53]
• Nick on AI forecasting extremes:
  “...there's also like the Eliezer Yudkowski, which was like, AI is going to kill us, like next year.” — [09:00]
• Tyler on college and debt:
  “It just sucks to go through that and then come out with $200,000 in debt.” — [13:41]
• Nick, on abundance and convergence:
  “The left and the right are actually unified. We need to build more. We need to create abundance through capitalism.” — [17:16]
• Nick on the AI future:
  “I got some exuberance for you right here. AI it's coming. Artificial intelligence, it's coming.” — [18:38]

---

Key Takeaways

• Tech world personalities and news intersect in surprising, sometimes contradictory ways, with political, entrepreneurial, and philosophical threads all tangled together.
• The “Moon vs. Mars” debate now folds in geopolitics and commercial ambitions (data centers, AI compute in space).
• Generational frustrations with capitalism are rooted in genuine structural issues, particularly debt and unfriendly capital formation.
• AI's infiltration into content platforms may be widespread, but human communities and authenticity maintain strongholds.
• U.S.-China competition is increasingly about who can build what and where, both in industrial capacity and open source AI models.
• Despite bubble fears, most major technologists remain bullish on AI—exuberance and skepticism are both in ample supply.

---

For fans of big-picture tech talk and irreverent commentary, this episode serves up a dense stew of news, analysis, and humor—with a distinctly TBPN flavor.

Transcript

[Tyler]

Everybody wanted to know what we would do if we didn't podcast today. I guess we'll never know.

[Nick]

In breaking news yesterday, Jared Isaacman has been renominated, I guess is the term he's back in the contention for to be NASA administrator.

[Tyler]

Do we know why he was originally taken out of the running?

[Nick]

According to the White House. So according to the White House, the, the reason is that he had donated previously to Democrats. But then Ars Technica and a couple other outlets reported that it was because of the Elon Musk Trump dust up that happened.

[Tyler]

So can't believe that was a real day on X.

[Nick]

It was a crazy day. And so Isaac Min got polled and Secretary Duffy stepped in. Sean Duffy. But now Isaacman's back in the picture. Of course, at the Charlie Kirk Memorial, you might have seen Elon Musk and President Donald Trump sitting down, having a handshake, maybe making amends. There's been speculation as to things. It seems to be water under the bridge. They seem to have healed all wounds, I suppose. Thank you, Mr. President, for this opportunity. It will be an honor to serve my country under your leadership. The support from the space loving community has been overwhelming. These are the most exciting times. The dawn since the dawn of the space age. And I truly believe the future we have all been waiting for will soon become a reality. This is inspiring. I'm very excited that he could potentially be in the seat. The big reason he's an entrepreneur and I think entrepreneurs make great leaders generally.

[Tyler]

But he can fly fighter jets.

[Nick]

He has fly fighter jets.

[Tyler]

Flying people that are going, they're going to fly a big machine by flying in big fast machines.

[Nick]

Totally. I don't think people understand how crazy of an entrepreneur he is. He started Shift4 Payments. It had a few other names, but he started his company when he was 16 years old. 16. And it's like a serious business. Billions in revenue, real earnings. The PE ratio is 25x. It's a $6 billion company. Yeah, it's not a hyperscaler, but it's like very serious.

[Tyler]

4,000 employees.

[Nick]

4,000 employees. Hundreds of billions of payment volume. And it also does the payments for Starlink. I don't know if this is more important, this is probably less important, but he's been to space. Jared Isaacman has been to space, which is just crazy. He's kind of like really earned his bona fides as someone who's like, loves.

[Tyler]

Space and he can probably say no one likes space more than me.

[Nick]

The debate was moon versus Mars, Moon versus Mars. Where should you Prioritize things. It sounds silly, but it really is real because there are different, different companies, different organizations, different constituents. And so on the moon side you have the Artemis program, which is the SLS rocket and the Orion capsule. And so on the other side you have Elon, who has always been prioritizing Mars, Mars, Mars, let's go to Mars. Jared Isaacman said at the time, why is it taking us so long and why is it costing us so much to go to the moon? And I think it's a good question. We're not new to trying to go to the moon. We've sent humans there six times. The fact that we haven't been able to scale our rocket program to a point where moon missions are too cheap to meter has become a bit of a stain on American ingenuity. We should have just scaled it up and just cut the cost by 20% every year and we would be getting up and back.

[Tyler]

Shouldn't be a lost art.

[Nick]

And it is a lost start to the point where people ask, is it real? How did we do this? SpaceX has become the best hope at the reversal of this. And Elon has been much more focused on Mars than the Moon. And so the debate around Isaacman centers on his ties to Elon Musk. He's tied to Elon Musk. Through shift four, he processes payments for Starlink. And also he obviously literally went on top of a SpaceX rocket and went to space. NASA does have a thumb that it can put on the scale because it has funding and it has the ability to help and the ability to approve different things.

[Tyler]

NASA funding. They also know how to spend money.

[Nick]

Exactly.

[Tyler]

Look at how much money they've spent on Orion.

[Nick]

And so that money could go to SpaceX, could go to Mars, could go to the Moon. And, and there's a, and there's an open debate. And I don't think this is like a left right issue. Wasn't George Bush really into going to Mars?

[Tyler]

And then, yes, President George W. Bush was quite interested in Mars exploration.

[Nick]

He was a Mars guy.

[Tyler]

January of 2004, he announced vision for Space Exploration at NASA headquarters. The plan directed NASA to return humans to the moon by around 2020. And then they proceed spend 20 billion to make a broken Orion capsule.

[Nick]

I mean, the real miss is, should have taken all the war on Terror money and put it into moon missions and just been like, we're going to war against the moon, there's oil on the moon. Is he going to make the correct decision about what celestial body to prioritize versus. Oh, did he donate to this? Or is he left wing or right wing? Or did he say the right thing? All that stuff is window dressing for the big question for NASA. Which is Moon or Mars?

[Tyler]

You don't think trying to counterbalance China's efforts in space should also be top of mind? Or is that, is that.

[Nick]

I think that is all upstream of Moon versus Mars based on what we're seeing from China on the moon Progress. Maybe we do need to prioritize in the moon more. Maybe Elon is somewhat wrong on that. Elon for years was not framing things in geopolitical ways. He was just saying it's humanity versus the cold vacuum of space. And so humanity needs to go to Mars because that's a true different planet. And if something happens to the moon and Earth, like you can truly start over on Mars. That's not the case with the current geopolitical situation. But now we have Jensen Huang, we have Elon Musk, and we have Sundar Pichai all saying we're going to do data centers in space. So collectively you have what, 10 trillion in market cap? That's like, hey, we're going to, we're going to be taking this seriously. And I do think that that's a NASA question.

[Tyler]

Elon's post from a couple days ago. Quantum computing is best done in the permanently shadowed craters on the moon. Crock.

[Nick]

Yeah. Is this real? Devin Cognition. They're the makers of Devin. Devin's the AI software engineer. Cross crush your backlog with your personal AI engineering team.

[Tyler]

David in the chat was saying, referencing that Elon is actually more and more moon pilled. He did post. I went back and found it two days ago. He said SpaceX will lean in big on the moon.

[Nick]

Yes, yes.

[Tyler]

And Arthur Mackwater said we should annex it, which Solana has been saying for quite a while now.

[Nick]

Yeah, Moon should be a state. It's a classic. I am inevitable, says Ken Kirtland showing a cool collage of Jared Isaacman. What a crazy story.

[Tyler]

I would like to inform everyone that data centers in space still make me want to blow my brains out. Thank you for your attention to this matter. Sundar Yesterday said our TPUs are headed to space. Inspired by our history of moonshots. From quantum computing to autonomous driving project, Suncatcher is exploring how we could one day build scalable ML compute systems in space, harnessing more of the sun's power, which emits more power than a hunt than 100 trillion times humanity's total electricity production. Like any moonshot, it's going to require us to solve a lot of complex engineering challenges. Early research shows our trillium generation TPU's or our tensor processing units, purpose built for AI survive without damage when tested in a particle accelerator to simulate low Earth orbit levels of radiation. However, significant challenges still remain like thermal management and on orbit system reliability. It is pretty funny to think about, you know, before we had satellites like scientists just being like, you want to put radio equipment in orbit and then you want to use it to communicate with.

[Nick]

You want to watch TV in space.

[Tyler]

You want to watch space?

[Nick]

You want space?

[Tyler]

That makes me want to blow my brains out.

[Nick]

What are you going to call it? DISH Networks?

[Tyler]

Oh, you want to put a camera on one of those too? You want to take pictures?

[Nick]

You want to take pictures and send.

[Tyler]

It down to us here.

[Nick]

A camera in space.

[Tyler]

Yeah, for sure.

[Nick]

For sure. The science fiction fiction future we dreamed of might actually be coming true. And Elon Musk signed off on Sundar Pichai's Suncatcher project and says, great idea. Lol. It is so funny that, like, Elon can't just be like, no, I'm keeping all the launch capacity for myself. Like, he doesn't have. I guess he doesn't have the ability to do that really. I think it's like. I think it's illegal because if you're like a railroad, you can't say like, I'm. You need like net neutrality, effectively.

[Tyler]

One way to infer the bubble isn't going to pop soon is that all the people who have been wrong about everything related to artificial intelligence, indeed, they have been desperate to be wrong. They suck on their wrong wrongness like a pacifier, believe the bubble is about to pop.

[Nick]

When I think about people who have been wrong about artificial intelligence, I mean, sure, there's people that are. That have been like, AI will never pass the Turing test, but there's also like the Eliezer Yudkowski, which was like, AI is going to kill us, like next year. And like, I would put them both in those camps. And is. Is Eliezer saying that the bubble's going to pop? I don't know. Is he Bub talk.

[Tyler]

I don't think. Let's go to the.

[Nick]

Let's go to the bub talk. Let's go to the bubbler.

[Guest]

I don't think he's been saying that, no.

[Nick]

Okay, so. So who is. Who is Dean Ball subtweeting here? That's the.

[Tyler]

It's hard to argue that it's AI is going to be this runaway death machine and Also that it's a bubble.

[Nick]

It's a bubble. Yeah. Do you know ball?

[Guest]

All right, how many times are we going to make this joke? I think there's a bunch of like journalists that like mainstream journalists that talk about like, oh, AI is like, oh, yes, yes.

[Nick]

100%. 100%.

[Guest]

Anything interesting?

[Nick]

100% of pop. Yeah, yeah, yeah, yeah, yeah. There's a. I don't know if he's a journalist, but there's a blogger who was trying to argue Simultaneously that Sam Altman has never like created anything in his life. He's non technical, like he's not, he's not responsible for any like, success. But then Simultaneously was arguing that like he moved recklessly quickly to launch ChatGPT against the board's like, desires. And it's like literally both of those can't be true simultaneously.

[Tyler]

For me, the Galman amnesia effect has just been crazy lately because there's people whose content that I read.

[Nick]

Yeah.

[Tyler]

That don't historically cover AI and they're starting to talk about AI and they're just. In a single short essay that they're writing. There's there's easily like 10 to 15 things that are either wrong or just. I completely disagree with the take. Okay, maybe I need to be a lot more critical of, of some of their other writing.

[Nick]

Yeah, there was someone who is like super critical of crypto during the crypto bubble and then came out like super doom pilled, like we're going to all get a paperclip next year. And I was like, oh, like maybe I should be buying NFTs. Like, like he's so wrong about the paper clipping thing that I need to go back and revisit. Maybe he was actually wrong about the NFT question because. But of course, like the truth is that he was correct about NFTs being a bubble and just happened to be also wrong about us all dying to AI in a matter of days. A socialist just got elected mayor in the heart of the financial world at the top of the greatest bubble of all time. Yeah, people are not happy they're moving to Florida.

[Tyler]

I guess I think a lot of the people that said they were going to move are waking up this morning and seems, you know, we'll see that the big issue for New York's state from a tax revenue standpoint is, is there's. They don't actually need a million people to leave for it to have a material impact on budgets.

[Nick]

I think people, people overestimate how communist New York can become in a year and underestimate how communist New York can become in a decade. I generally think that people are freaking out thinking that there's going to be a 45% wealth tax next week. We'll see. We'll see what actually gets put in place. But good luck to all the folks over in New York City.

[Tyler]

There are many themes that could be developed more here, but let me make a few quick points for now. Nick, I certainly would not suggest that our policy, policy should be embrace millennial attitudes unreflectively. I would be the last person to advocate for socialism. But when 70% of millennials say they are pro socialists, we need to do better than simply dismiss them by saying that they are stupid or entitled or brainwashed. We should try and understand why. And from the perspective of a broken generational compact, there seems to be a pretty straightforward answer to me. Namely, that when one has too much student debt or if housing is too unaffordable, then one will have negative capital for a long time and. Or find it very hard to start accumulating capital in the form of real estate. And if one has no stake in the capitalist system, then one may well turn against it.

[Nick]

And there is this weird question of student debt that I think gets completely left out of the equation. And it's so, so important. It feels like if your life's work is, like, you want to be a doctor, like, you just have to go to college. But if you do want to be something that's a little more flexible, a little more creative, a little more entrepreneurial, you can probably drop out of college. But it depends on, like, a whole bunch of other factors. Like if you're rich and you're going to graduate without any debt, there's pretty. There's pretty limited downside to going to college because you get to just hang out and vibe code apps and do whatever, and it just sucks to go through that and then come out with $200,000 in debt. I feel like so many people boil it down to, like, college good or college bad, as opposed to, like, college a good bargain or college a bad bargain.

[Tyler]

Yeah, the other thing, school is a way to buy time to figure out how you want to spend your time. But if you don't know how you want to spend your time and how you want to spend your career, how you want to start your career, then school. I think a lot of people are just doing it to kill time, so they're not just sitting. Tyler, what's the capital of Nigeria?

[Guest]

Let me think about that for a second.

[Tyler]

Abuja, There you go see that's, that's clearly an action.

[Nick]

The Substack X relationship is going all over the place. Have you seen this?

[Tyler]

Even correcting for fake views. Traffic to substack links from X is up substantially. Full post read signups et cetera. Also track. We're so back. I thought it was very unfortunate that X and Substack got such a fight in such a fight it was bad for all the writers on the platform who are some of the best, the best posters on X like their businesses were impacted by it. I don't really think the two platforms are that competitive. Obviously Substack does want to be more of a, of a, of a social platform. I don't know how much of a threat the social product of Substack is.

[Nick]

So yeah, what's interesting is like the X had review I believe was the. Was the email newsletter product. They never really invested in it. They ultimately shut it down. And it's interesting that no other there's something about like the email and, and taking the audience with you that's just so revolting to a true social media company. Like if you're a social media company, it'd be so easy for Instagram to have an email newsletter product or LinkedIn to have an email newsletter product built in, right? And yet they don't because they want control and they see it as counter positioned. And so for some reason the folks at Twitter bought Revu and were doing email newsletters and then fully pulled back from it because it was just, it just did not make sense for them to keep going. But I don't know. We'll see. Here's a list of domains that X has excluded from using the new in app link viewer on iOS for and it's apple.com, wayfair.com, grok.com, instagram.com, fb.me, tikTok, v.com and open.substack.com and so what does that mean? It's like if you click on those you won't go to the new in app Link viewer on iOS and so you need a different website for those or something like that.

[Tyler]

I have no idea.

[Nick]

Absolutely insane to me that one of my friends hasn't bought the Getty house in the Berkeley hills yet. Perfect techno monastery or at least a rationalist AI dev polycule house. Would be a tragedy if it got in the hands of someone boring. Do you know about this house, Tyler? Have you been here?

[Tyler]

No, I was a temple of wings.

[Nick]

Is this where Your polycule meets up. What if you put the technological Republic, which is Alex Karp's book, and Abundance, which is Ezra Klein and Derek Thompson's book side by side, says Young Macro. You'll note the defining bipartisan tendency of the late 2000s is quote, we need to become a lot more like China. And with this we vindicate Nick Land as the only serious thinker to have correctly identified Nietzsche's prescience as that of a supply side reform pundit in opposition to the normie right, who read him as a conservative, the continental canon, who read him as a bad word that I'm not gonna say, and as the anglophone left liberal offshoots of the continental canon, who haven't read him. And so what Young Macro is saying is that both the abundance, who you could think about Ezra Klein, this is the left, this is the New York Times and Alex Karp and Peter Thiel and the Palantir, this is the conservative side. The left and the right are actually unified. We need to build more. We need to create abundance through capitalism.

[Tyler]

Young Macro, undoubtedly one of the greatest thinkers and posters of our time. He made sure this post was fact checked by Real Landian neo deep statistics preaching. Okay, we have some some breaking news. The CFO of OpenAI says people are are not exuberant enough about AI Bloomberg has an article. OpenAI Chief Financial Officer Sarah Fryer suggested the market is overly focused on anxiety about a possible bubble in the artificial intelligence sector and should muster more exuberance about the technology's potential.

[Nick]

I got some, I got some exuberance for you right here. AI it's coming. Artificial intelligence, it's coming.

[Tyler]

Joe Weisenthal says not surprised that bitcoin has fallen so much lately. I've been talking about a bitcoin bubble for over 10 years. Bitcoin has now performed worse than US treasuries in 2025.

[Nick]

Bitcoin just kind of like round tripped, right?

[Tyler]

Meta. Shitty frontier model. No cloud share culture is F'd on meta.

[Nick]

What do you think the probability is that they launch a GP cloud in the next five years or two years?

[Tyler]

Even greater than 50% chance.

[Nick]

So they have a ton of, they have a ton of GPUs.

[Guest]

Yeah, I think that's like very high.

[Tyler]

Right?

[Guest]

Because it seems like they're not going to do open source. So it's like why are they making the model?

[Nick]

How high is it? Because they've literally never done enterprise, never done B2B. It's like a completely different motion for the company.

[Tyler]

Pretty Aggressive takes here, but entertaining.

[Nick]

But they do think Apple is going to look, look smart for sitting this one out. Google is going to be the biggest company in the world by the end of 2026, in suspended capital's opinion. Good luck to them.

[Tyler]

Pinterest is down 22%.

[Nick]

22% is where it landed tough right now.

[Tyler]

You can beat, you can beat and your stock will go down and you miss and your stock goes down.

[Nick]

So Reddit's twice the size market cap wise. Well, Reddit is like the AI data broker company and Pinterest is like kind of just getting slopped up where Reddit.

[Tyler]

Is headed for the same future.

[Nick]

Would be interesting that about where Pinterest goes in a post AI future. The AI slop was infiltrating like pretty quickly and it was very frustrating because.

[Tyler]

What percentage of new Reddit like written content is AI?

[Nick]

The same question as like X, like on X, it should be the easiest thing to AI right? 140 characters, 280 characters. What percentage of the posts that you actually read and interact with do you think are AI? Like 1%? Right.

[Tyler]

Feels like every third post that I read is written by.

[Nick]

I don't feel that way at all. I feel like maybe it's because I feel like it's more like my following tab, but I feel like I'm seeing like a Joe Weisenthal post. I know he's not using AI. Then I see a Joe Lonsdale post. I know he's not using AI. Then I see Brad Gerstner post. He's not using AI. Then I see Tyler. I watch Tyler post. He doesn't use AI for his posts. I see a you post. When I'm scrolling through the timeline, I'm seeing people that are just not using AI for whatever reason. It's not, it's like, it's just not. That's not the, that's not the point. And that's not like the whole structure. And so he. I don't know. I would imagine that certain subreddits are tight enough where it's very easy to clock if they've been like taken over by AI. Yeah, there would be value to that, but I don't know. China has overtaken the US in cumulative open source AI model download says A16Z. Oh, we also have some, we also have some updates on the, on the solar panel company that we were digging into yesterday. Pretty big.

[Tyler]

It was built by the Chinese. They built Atrina Solar built this facility and then due to some regulatory pressure, they were a forced seller and then it was taken over by what is now T1 energy.

[Nick]

Sure.

[Tyler]

And so everyone was like, wait, we know how to build facilities like this? And everyone got really excited, including us.

[Nick]

Yes.

[Tyler]

Of course. It turns out that it was actually built by the Chinese.

[Nick]

It's built in America. That's the important thing.

[Tyler]

So let's study it.

[Nick]

I regard TSMC Arizona as like a win for American dynamism. Yeah, we'll bring over whoever's building the best stuff and build it here. And I'll just take a factory in America that's owned and operated by another country. Because if there's some geopolitical crisis, like at least it's within our borders. That's better than it being halfway across the world, right? A16z said China has overtaken the US in cumulative open source AI model downloads. I'm going to make a series of bets on the little guy. To start, we are going to be granting out Compute up to 100k per project to support new experiments on GCP. If you have an idea for an open source model that you'd like to explore, I'd like to hear from you. So go hit up.

[Tyler]

I DMed with Louis a little bit yesterday about this. Working on pulling together the compute resources but very excited about this one and it'll be fun to follow.

[Nick]

Thank you so much for watching. We will see you tomorrow.

[Tyler]

Goodbye. Love you.