🎙️ “Our Advice for TBPN” — Sam Altman’s pod deal. Artemis’ moon-mining. Nuuly’s fashion statement. +UberDriver Flag Football

Summary

The Best One Yet – “Our Advice for TBPN”

Episode Date: April 7th, 2026

Hosts: Jack Crivici-Kramer & Nick Martell
Main Theme:
A lively, insightful dive into three standout business stories: the booming space economy (and wild geoengineering startups), Nuuly's disruptive fashion rental growth, and Sam Altman's radical AI-driven tax proposal and his company’s acquisition of a tech media podcast. The hosts sprinkle their trademark banter, pop culture nods, and actionable insights throughout.

---

Key Discussion Points & Insights

1. Flag Football Upsets & Olympic Context

• [01:38–03:07]
  • The Olympic flag football hype is real – an Uber driver and part-time landscaper ousted NFL legend Tom Brady's team in an exhibition match.
  • Notable Quote:

    "An Uber driver just took Tom Brady down in quarterbacking." – Jack (03:22)

  • Insight: Flag football is a distinct sport; NFL athletes aren't automatic superstars in the shorter, faster, less-contact version.
  • Hosts share their own flag football tale: their team's unlikely hero was a "50-year-old dude with a huge beer belly" who outplayed ex–D1 athletes.

---

2. NASA’s Artemis II & the Surge of Space Startups

Artemis II’s Journey & Space Excitement

• [06:19–07:57]
  • Artemis II set a distance record (252,760 miles from Earth), breaking Apollo 13’s mark.
  • Notable Quote:

    "They broke Tom Hanks’ record – and Bill Paxton and Kevin Bacon." – Nick (07:20)

  • Video from a commercial jet showed Artemis’ launch—a reminder why you should always take the window seat.

The Rise of "Lunastructure"

• [08:02–11:14]
  • Explosive momentum for space companies: SpaceX files for IPO; NASA prepping for lunar landings and even a moon station (Artemis sequels).
  • Stardust Solutions ("sunglasses for the Sun"): $60M raised to mimic a mild meteor effect, dimming sunlight on Earth to fight climate change.
    • Notable Quote:

      "Venture capital just PL $60 million into Stardust, the business that sounds like a climate change hail Mary." – Jack (09:29)

  • Climate-altering tech is controversial: Who controls it? How much shade is safe?
  • Hosts reference sci-fi: Stardust mirrors “Hail Mary”—Ryan Gosling's latest.

Space Business Takeaway

• [09:59–11:14]
  • Focus is shifting from satellites/tourism to lunar infrastructure (“lunastructure”)—mining, warehousing, energy production on/around the moon.
  • Helium-3, rare and costly on Earth, is abundant on the moon—vital for potential nuclear fusion.
  • Notable Quote:

    "The next addressable market is lunar infrastructure, AKA lunastructure." – Jack (10:03)

---

3. Nuuly’s Fashion Rental Triumph

Urban Outfitters Surging with Nuuly

• [11:14–14:08]
  • Urban Outfitters is outperforming: revenue up 11%, stock up 43%.
  • Nuuly (clothing rental): Half a billion in sales, 420,000 active users—doubling Rent the Runway’s segment.
  • Profit paradox: Nuuly drives both rental and retail sales.
    • Notable Quote:

      "Nuuly isn’t just driving rental revenues, it’s driving sales of Urban’s clothing too." – Jack (22:41)

The “Cancel Easily” Advantage

• [14:13–15:38]
  • Nuuly’s secret: making it super easy to cancel or pause subscriptions. Most subscription businesses do the opposite by adding friction.
  • CEO intentionally designed for “fluidity” so 58% of users pause rather than cancel—making it easy to reactivate.
  • Notable Quote:

    "If you run a subscription business, turn the exit sign into a welcome mat." – Jack (14:13)

  • User story: Jack’s wife paused her Nuuly for two years, recently reactivated with no hassle.

---

4. Sam Altman’s “AI Tax” Manifesto & the TBPN Podcast Deal

AI Tax Proposal & Policy Overhaul

• [17:31–20:26]
  • Sam Altman (OpenAI CEO) proposes taxing bots (robot labor) over displaced human income tax, establishing a public wealth fund (akin to Saudi oil model), and fast-tracking a four-day workweek.
  • Notable Quotes:

    "OpenAI wants to replace income taxes with an AI tax." – Jack (17:41)
    "The third key to this OpenAI tax plan: a four day workweek." – Jack (19:53)

  • The plan aims for AI benefits to flow broadly, not just to Big Tech.
  • Sam’s side goal: look like an AI thought leader; help fundraising.

OpenAI Acquires TBPN Podcast – Real Talk

• [20:44–22:19]
  • OpenAI acquired tech podcast TBPN, promising editorial independence.
    • Hosts, who once went through a similar sale to Robinhood, call foul: “the lawyers” will chill all coverage on OpenAI.
  • Notable Quotes:

    "Every podcast episode... will have to go through legal review before airing, which creates an editorial chilling effect." – Jack (21:32)
    "To save the show, cut the cord on OpenAI news coverage." – Nick (22:19)

Inside Advice for TBPN

• Don’t pretend you can cover your parent company—just avoid the topic entirely for credibility.

---

Other Notable Moments & Quotes

• [24:03–24:24] Harvard considers capping A grades as “grade inflation” peaks:

  "It is honestly more impressive to be a straight B student." – Nick (24:21)

• [24:40–25:09] “Best Fact Yet” submission: Paddle (Padel), fastest-growing sport, from Utah entrepreneur.
• [25:48–26:19] Birthday shoutouts for fans, plus word about their upcoming sold-out live New York show.

---

Timestamps for Major Segments

| Time | Topic | |-----------|----------------------------------------------------------| | 01:38 | Tom Brady loses flag football game to Uber driver | | 06:19 | Artemis II mission and “sunglasses for the Sun” startups | | 09:59 | The "lunastructure" (lunar infrastructure) boom | | 11:14 | Nuuly’s rental milestone; disrupting Rent the Runway | | 14:13 | Subscriptions: cancel friction vs. welcome mat | | 17:31 | Sam Altman’s AI tax plan explained | | 20:44 | OpenAI acquires TBPN — the insider’s view |

---

Summary Takeaways

• Space is Hot: From lunar missions to geoengineering startups, the next era is building “lunastructure” and mining the moon.
• Fashion Rental Done Right: Nuuly shows subscriptions can soar when you make leaving as easy as joining.
• AI Will Change Taxes: Sam Altman pushes for robot taxes, public AI wealth funds, and fewer workdays.
• Media Acquisition Caution: When tech platforms buy media, true editorial independence is almost impossible.

---

Memorable Quotes

• "Flag football is simply a different sport than contact football." – Jack (03:07)
• "Stardust wants to just shade the sun a tiny little bit...instead of wiping out plants and dinosaurs, Stardust wants to chill the earth a tad." – Jack & Nick (08:48–08:59)
• "Nuuly has turned your home into a dressing room and charges you for it." – Nick (14:02)
• "Cancellation friction is like locking the door on your customer." – Jack (15:23)
• "If you run a subscription business, turn the exit sign into a welcome mat." – Jack (14:13)
• "Every podcast episode (at OpenAI) will have to go through legal review before airing, which creates an editorial chilling effect." – Jack (21:32)
• "To save the show, cut the cord on OpenAI news coverage." – Nick (22:19)

---

Final Host Takeaways

• "Not just SpaceX and NASA's Artemis, Stardust is developing aerosols to shade the sun's rays."
• "Nuuly succeeded by making it easy to cancel instead of hard."
• "OpenAI published a proposal to rewrite America’s tax code with AI at the center—and they acquired TBPN, which, from our experience, we suggest they don't cover OpenAI news." (22:50–22:59)

---

This episode blends news, sharp analysis, and the hosts' personal stories with signature wit—delivering business insights you won’t find anywhere else.

Transcript

[Nick]

This is Nick.

[Jack]

This is Jack.

[Nick]

It's Tuesday, t boy. Tuesday, April 7th. And today's pod is the best one yet. This is a T boy.

[Jack]

The top three pop business news stories you need to know today.

[Nick]

Jack, I'm no Ringling Brother, but I'm pretty sure after the show is the after party. Am I right?

[Jack]

So we're in New York City. Our live show is tomorrow. After the show.

[Nick]

Yes.

[Jack]

Nick and I are going out to the bars to hang out with you.

[Nick]

We always do. We always see it.

[Jack]

We're going to l' Express on Park Avenue to just a couple blocks from Irvin Plaza.

[Nick]

You can get like a 10pm burger at that place.

[Yeti]

I think it's open 24 hours.

[Jack]

I think there's a few tickets left.

[Yeti]

There are like six tickets.

[Jack]

There might be none, but if you're free Wednesday night at 7 o', clock, we wanna see you grab tickets. Link in episode description.

[Nick]

We're sold out, Jack. Three fantastic stories for today's pod. What do we got in the chat?

[Jack]

For our first story, NASA's Artemis II just went around the dark side of the moon. Yeah, seriously, real thing.

[Nick]

True story, but another startup just raised 60 million bucks to put sunglasses on the sun.

[Jack]

For our second Urban Outfitters rental business, Nuuly just hit half a billion bucks in sales.

[Nick]

Wow.

[Jack]

It's twice as big as Rent the Runway.

[Nick]

Nuuly, they got you to stop canceling

[Yeti]

by making canceling easier.

[Jack]

And our third and final story is Sam Altman. He wants robots to pay your taxes so you can take Fridays off.

[Nick]

That's a real headline.

[Jack]

And we also have advice for TVPN OpenAI's newly acquired podcast. Yes, we do, Jack, but yetis before we hit that wonderful mix of stories.

[Nick]

What a mix of stories.

[Yeti]

Love the mix.

[Jack]

And the big city J College basketball is over. Hockey playoffs haven't begun yet.

[Nick]

Baseball, it's barely even started.

[Jack]

So the most important sport in the world right now. Flag football.

[Nick]

It's flag football.

[Narrator]

It's a.

[Jack]

And get this. Tom Brady just lost a flag football game to his Uber driver.

[Nick]

That's right. A bunch of amateurs beat our best pro players. Wasn't even close.

[Jack]

Here's the context to drive hype for the newest Olympic sport, Flag football. An exhibition game happened last month in Los Angeles.

[Yeti]

In lovely Los Angeles.

[Jack]

The NFL's best versus our actual Team USA flag football players.

[Nick]

And here's the deal. Tom Brady captained the NFL team and had a glitterati of current NFLers.

[Jack]

But instead of shoulder pads, those NFL players had flags around their waists.

[Nick]

Now, when this new Olympic sport was

[Yeti]

added, Yetis we assumed it would be all NFL.

[Jack]

The NFL even clarified Travis Kelce could play for Team usa. It doesn't conflict with the NFL schedule.

[Nick]

Okay, but here's the problem. The Tom Brady led team just got their butts. Whoop a doodle doo.

[Jack]

It was a real life plot of the dodgeball movie.

[Nick]

It happened in real life. It was like the average Joe's beat.

[Jack]

And here's the best part. The amateur flag football coach was a gym teacher in Miami.

[Nick]

Jack, the amateur flag football quarterback is

[Yeti]

a 5 foot 7, 140 pounder working

[Nick]

multiple jobs to support his flag football career.

[Jack]

This guy's a part time uber driver, part time landscaper.

[Yeti]

He's a part time baggage handler at

[Nick]

the airport when he's not doing all the other part time stuff.

[Jack]

And he's the best flag football quarterback this country has.

[Nick]

Now, Yetis. To sprinkle on even more context, Jack and I played on the same flag football team after college, naturally.

[Jack]

And the championship team's quarterback was a 50 year old dude with a huge

[Nick]

beer belly and he outplayed every single ex D1 athlete on our team.

[Jack]

What we're trying to say is flag football is simply a different sport than contact football.

[Nick]

So now the 2028 US flag football team probably won't even have any pros on it.

[Jack]

Tried out last month. Seriously, he's not making the cut.

[Nick]

Besties, do you need any more motivation today than that?

[Jack]

An Uber driver just took Tom Brady down in quarterbacking.

[Nick]

Who cares about your quarterback rating? That's a 4.98 uber rating, baby. Jack, let's hit on three star years

[Narrator]

before this song, two boys from the northeast met in the dorm. They had an idea to cause a cultural storm. It's the best one yet. But the best is a norm. Jack. Nick, that's it. I don't even think they need to practice. 50%. That's a fat tip. T boy city on your at Liz if you know, you know cause we read to go we can't wait no more so just start the show Start the show.

[Yeti]

Start the show.

[Nick]

First, a quick word from our sponsor,

[Jack]

Monarch Yetis.

[Nick]

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[Jack]

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[Nick]

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[Yeti]

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[Jack]

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[Nick]

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[Jack]

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[Nick]

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[Jack]

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[Nick]

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[Jack]

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[Yeti]

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[Jack]

Achieve your financial goals for good with Monarch, the all in one tool that makes money management simple.

[Nick]

And use Code t [e-mail] for half off your first year. That's 50% [e-mail] Code T boy ZipRecruiter Yeti's first hire we ever made.

[Yeti]

She was a fan. She wrote a newsletter version of our show.

[Jack]

You remember that, Jack I remember reading her writing sample on the flight and I was almost in tears, Nick, because this newsletter we were writing as a passion. It was clearly a passion for her as well.

[Nick]

She even knew it like a profit puppy was. And we were sold. As soon as she put it in the newsletter, we were sold because she

[Jack]

didn't just have the skills and qualifications, she had the motivation.

[Nick]

Sebasty if you're hiring, you want a candidate who's passionate about your role.

[Yeti]

But you can't get that insight from

[Nick]

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[Jack]

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[Jack]

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[Nick]

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[Jack]

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[Nick]

For our first story, NASA's Artemis 2 space mission just went around the dark

[Yeti]

side of the moon.

[Jack]

And now there's a space race for crazy space startups like Sunglasses for the Sun.

[Yeti]

We repeat ray bans on mother son.

[Nick]

But first, Yetis. Okay, Jack, can you sprinkle on some context can you tell them about the video you just showed me on the taxi ride down to the studio?

[Jack]

You didn't see this?

[Nick]

I hadn't seen this.

[Jack]

There's an airplane that had a perfect view of the Artemis 2 space launch from Cape Canaveral, Florida.

[Nick]

I'm already stressed.

[Jack]

And somebody recorded a video on their iPhone. It's incredible. The rocket ship is blasting off and you see it go from Earth up into outer space from the window of

[Nick]

your airplane, we've reached our cruising altitude and yes, that is a rocket ship on the right side of the aircraft.

[Jack]

This is motivation to always choose the window seat, not the aisle.

[Nick]

But yesterday, the four person crew aboard

[Yeti]

the NASA rocket broke a record by traveling 252,760 miles from Earth.

[Jack]

That is so far away. And it breaks the record set by Apollo 13.

[Nick]

Yeah, they broke Tom Hanks record and

[Jack]

Bill Paxton and Kevin Bacon.

[Nick]

They also lost radio connection for 40 minutes on a Monday because of a Pink Floyd situation. Yeah, it is yesterday.

[Jack]

NASA's spaceship went around the backside of the moon, which is the dark side of the moon.

[Nick]

Same as the album Real Thing, by the way. The dark side of the moon actual in existence.

[Jack]

So when the moon goes around planet Earth, it doesn't spin. So we're constantly looking at the same face of the moon and we're in

[Nick]

the same orbit as the moon. It's like the dark side of the moon.

[Yeti]

It isn't actually dark.

[Nick]

The sun sees it sometimes, but we never do. It's basically the butt of the moon.

[Jack]

But we saw it yesterday thanks to NASA, and it looks fantastic. Actually looked a lot like the other

[Nick]

side of the moon. No moon judging over here, Jack. But stocks and publicly traded space companies,

[Yeti]

they soared last week on this and other space news.

[Jack]

SpaceX filed to IPO.

[Yeti]

True.

[Jack]

And NASA packed its bags and went back to the moon for the first time in 50 years. Remember, this is just Artemis 2, Artemis 3, we're actually gonna land there. And Artemis 4, we're gonna build a moon station.

[Nick]

Yeah, just like Disney. A lot of sequels coming. But what Jack and I found fascinating,

[Yeti]

what caught our attention in particular, was

[Jack]

a startup doing the opposite of what Ryan Gosling is doing at movie theater right now.

[Nick]

The startup is Stardust Solutions and they're

[Yeti]

developing an aerosol that can mimic a meteor strike.

[Jack]

Because what happened to the dinosaurs?

[Nick]

Why don't you tell us, Jack?

[Jack]

A meteor hit planet Earth 60 million years ago and created an unbelievably large dust cloud that blocked the sun from hitting the surface of the Earth.

[Nick]

Yeah, it was that dust cloud that basically froze all the T. Rexes.

[Jack]

But instead of blocking the sun, Stardust wants to just shade the sun a tiny little bit.

[Nick]

Yeah, just a bit. You know, instead of wiping out plants

[Yeti]

and dinosaurs, Stardust wants to chill the earth a tad.

[Jack]

Basically a venture backed gigantic sunglasses shade for the Earth to block the sun's rays.

[Nick]

Yeah, you're using dust clouds like a thermostat for the sun to cool down

[Yeti]

the temps and slow, maybe reverse a little bit of climate change.

[Jack]

Stardust business model to play God by changing the temperature of the planet.

[Nick]

Yeah, as you can imagine, spoiler highly controversial.

[Jack]

Like what parts of planet Earth are gonna get shaded by these aerosols?

[Nick]

How much are gonna get shaded to what?

[Jack]

What happens if something goes wrong? Who's gonna fix it?

[Nick]

What is the sunblock lobby gonna say about all of this, Jack?

[Jack]

Either way, venture capital just PL $60 million into Stardust, the business that sounds like a climate change hail Mary.

[Nick]

Speaking of hail Marys, Jack, isn't this

[Yeti]

startup also the plot of the new movie Hail Mary?

[Jack]

No spoilers here, but Ryan Gosling in the Hail Mary project movie is on a mission to do the opposite.

[Nick]

Yeah, he's making the sun hotter, but it's basically the same idea.

[Jack]

It's one business trying to do stuff in the atmosphere to save planet Earth.

[Nick]

And Gosling is always involved. So, Jack, what's the takeaway for our

[Yeti]

buddies over in this crazy space go to the moon moment?

[Jack]

The next addressable market is lunar infrastructure, AKA lunastructure.

[Nick]

So yet he's a classmate of mine from business school, Philip Johnston.

[Yeti]

His startup just hit a $1 billion valuation to put data centers in space.

[Jack]

Exhibit B, the top class at Stanford everyone wants to take right now is on AI infrastructure, and space is a key part of that infrastructure.

[Yeti]

Or, Jack, how about in the stock market? We covered intuitive machines last year. They handle cargo and logistics designed for moon applications.

[Jack]

And the stock is up 30% in the last week because it just won a $180 million NASA contract for the next legs of the Artemis mission.

[Yeti]

Besties. The key for all these businesses, it's

[Nick]

not satellites or space tourism like we've

[Yeti]

all been seeing for years, right?

[Jack]

It's to build infrastructure for mining, warehousing, shipping, and energy production on the moon and in outer space, Jack, A special

[Yeti]

kind of helium that costs 2 million bucks a pound here on Earth. That stuff's abundant up on the moon

[Jack]

and it can be used for nuclear fusion reactors.

[Nick]

Besties, energy resources on the moon.

[Yeti]

Sunglasses in outer Space that can save the earth.

[Jack]

And it's driving a whole new industry.

[Yeti]

Not infrastructure. Lunastructure

[Nick]

for our second story. Urban Outfitters rental business Nuuly has nearly half a million users spending half a

[Yeti]

billion bucks right now.

[Jack]

Newly beat Rent the Runway by making it easier to cancel.

[Yeti]

I feel like that's a question mark situation.

[Nick]

But Yeti's Urban Outfitters. It's Abercrombie and Fitch, but instead of cologne, they're selling candles.

[Jack]

They're selling $68 vintage tees. Your dad has a dozen of them.

[Nick]

I know I'm in an anthropology because I'm picking up Molly, a sweet treat gift kind of a thing. And the person next to me is shazaming the playlist in the store.

[Jack]

Urban Outfitters publicly traded company. They also own Anthropologie and Free People. And Urban Outfitters business has never been better.

[Yeti]

Talk to me, jack.

[Jack]

Revenues rose 11% last year for this Philly based fashion company. Record profits and the stock rose 43%.

[Yeti]

Urban Outfitters is now wor 6 billion bucks.

[Nick]

Let's sprinkle on some context.

[Jack]

That's half as valuable as the Gap, but twice as big as American Eagle.

[Nick]

And it's the same size as one Lift.

[Jack]

But the most interesting part of Urban isn't what they're selling. It's what they're renting.

[Yeti]

That's right, because besties Urban Outfitters clothing rental business Nuuly is now a half a billion dollar brand.

[Jack]

Nuuly 2 used for some reason I still haven't figured out why. But it's the business that's a new species of business.

[Nick]

It's a new species.

[Yeti]

Cause Jack and I have noticed this is the rare profitable loss leader profit.

[Jack]

Puppy meets loss llama.

[Nick]

It's like a centaur. It's half profits, half losses.

[Yeti]

You never see this because when Nuuly

[Jack]

rents you clothes, you actually end up buying clothes too.

[Yeti]

All right, follow us on this one. Yetis for about a hundred bucks a month, you get six to eight new items and then send them back at the end of the month in a

[Nick]

bag or a shipping container. It's basically a duffel bag. Jack, for the sake of like editorial integrity, can you please give a full disclosure?

[Jack]

The only reason I know is because my wife is a power user.

[Nick]

I think she's the power user.

[Jack]

It's a straightforward millenn millennial business model of renting a wardrobe.

[Nick]

But Nuuly's numbers, thanks to Jack's wife Alex, are anything but straightforward these days.

[Jack]

They just hit $567 million in annual Nuuly rental sales.

[Yeti]

That is nearly twice as much more than Rent the Runway.

[Jack]

And Nuuly now has 420,000 active monthly

[Yeti]

users, which is more than twice as much as Rent the Runway.

[Jack]

Rent the Runway invented the clothing rental business model, but Nuuly is running away with it.

[Yeti]

They're hockey sticking right now up and to the right.

[Jack]

And the wildest part, renting of clothing doesn't cannibalize Urban Outfitters sales of clothing.

[Yeti]

On the contrary, Jack, it's growing Urban Outfitters sales because sales of Urban and

[Jack]

its sister brands have only accelerated once Nuuly became an offering.

[Nick]

It's like Nuuly is driving an anthropology pop these days.

[Jack]

So Nuuly, think of it not as a clothing rental business. It's a clothing trial business.

[Darina]

Yes.

[Yeti]

Yeah, Like, Jack, you didn't rent that floral print unitard. You were just testing the floral print unitard.

[Nick]

Sounds offensive, but it's not with Nuuly. Yetis Urban Outfitters has turned your home

[Yeti]

into dressing room and charges you for it.

[Jack]

Charges you for it.

[Nick]

So, Jack, what's the takeaway for our buddies over at Nuuly and Anthropologie?

[Jack]

If you run a subscription business, turn the exit sign into a welcome mat.

[Yeti]

Yeties, look, the wildest part of Urban Outfitters business here is that they embraced cancellations. They made canceling your subscription easier, which

[Jack]

is the opposite of every other subscription total. Opposite, Jack. They add friction. They make it really hard to cancel. You gotta email the manager or call between 9 and 5. You gotta wait 30 days, maybe pay

[Nick]

some termination gyms, phone plans.

[Yeti]

Netflix subscriptions thrive on friction. You forget or you give up.

[Jack]

But Nuuly has made canceling very easy. It's one click on the website or

[Yeti]

the app, as their CEO put it. He intentionally built Nuuly for users to be fluid, and he added a simple pause feature.

[Jack]

The result, 58% of Nuuly users paused instead of canceling. I mean, if it's the same thing, what's the difference?

[Yeti]

So they're still customers, Jack. Oh, and you're more likely to re up your account if it is paused, not canceled.

[Jack]

Full, full disclosure. Alex paused her Nuuly for, like, two years, but she just recently got back on board. It was really easy to reactivate her account.

[Nick]

That's what we're talking about.

[Jack]

That's exactly what we're talking about.

[Nick]

That's what we're talking about here.

[Yeti]

Yeah. So Nuuly created this gray area that kept customers in the green. It lost them For a season, but not forever.

[Jack]

Cancellation friction is like locking the door on your customer.

[Nick]

Yeah, it is, Jack.

[Jack]

Once they escape, they're gonna run away forever.

[Nick]

But easy cancellation, that's like your friends

[Yeti]

who are always there for you. Like even if you haven't called in

[Nick]

a while, just call them back.

[Jack]

They'll welcome you right back.

[Nick]

Hey Demi. How. Yeah, you pick up where you left off.

[Jack]

It's a rare surprise, counterintuitive strategy to

[Yeti]

stop you from canceling. They made canceling easier.

[Nick]

Now a quick word from our sponsor,

[Jack]

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[Nick]

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[Jack]

If you got a third hand, toss it on the wheel too. Fender benders are bad vibes.

[Nick]

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[Yeti]

on the road, well, you need a wingman to make those drives safe.

[Jack]

And your P and L statement will thank you.

[Nick]

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[Yeti]

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[Jack]

Not just a dashboard camera. Neck True. A complete connected operations platform with GPS tracking, asset visibility, maintenance, compliance tools all in one.

[Nick]

It sounds like Star Wars. If you operate a fleet of drivers, then this helps you cut insurance and accident costs.

[Jack]

First by showing the insurance company that accident wasn't your driver's fault actually. And second, by reducing the number of accidents altogether.

[Nick]

Samsara's AI reduces crash rates by, get this, nearly 75%.

[Jack]

The best way to combat fraud is with proof. Samsara AI gives you that proof.

[Yeti]

Unlike your buddy Timmy, this wingman, it

[Nick]

actually saves you money.

[Jack]

Don't wait for the next accident to take action. Head to samsara.comtboy today to request a free demo and see how Samsara brings visibility and safety to your operations.

[Nick]

That's samsara.comtboy samsara operate smarter.

[Darina]

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[Nick]

For our third and final story, Sam Altman just told the government how to

[Yeti]

tax his company and how to redistribute his wealth.

[Jack]

OpenAI wants to replace income taxes with an AI tax.

[Nick]

Interesting.

[Jack]

And institute a 4 day work week

[Nick]

plus since a bunch of you have sent us DMs, we'll tell you what

[Yeti]

we think about the TBPN podcast deal.

[Jack]

But first, Yetis, quick reminder, sprinkle on the coffee. A little over two years ago, Sam Altman got fired from OpenAI for not telling the truth to his board.

[Nick]

Yeah, but then Jack, Sam got rehab fired a week later because his not

[Yeti]

truth telling, really good for business.

[Jack]

His embellishing has been really great for the valuation.

[Nick]

So when SAM issued a 13 page industrial policy for the intelligence age, our

[Yeti]

first thought was to take it with

[Jack]

a grain of salt, Sam.

[Nick]

Salt, Sammy, Salt.

[Jack]

Our second thought. Sam must be tired of anthropic CEO Dario getting all the attention as being the adult in the room.

[Nick]

Yeah, you see, Dario has written a dozen safety papers already. So Sam just wrote his very first tax law.

[Jack]

Now that is some thought leadership.

[Nick]

So Jack and I read it and we reread it.

[Yeti]

And this isn't just a rewriting of American tax law, is it, Jack?

[Jack]

This is a whole new social contract for the AI agent.

[Yeti]

And honestly, we're glad Sam whipped this

[Jack]

thing up, because right now our AI policy is no policy. And we obviously need something on the books here.

[Nick]

So, Jack, let's pause the pod.

[Yeti]

What exactly is in Sam's wild master American plan for the future of this country?

[Jack]

A robot tax, a public wealth fund, and a four day work week.

[Nick]

Well, I feel like we could come up with movie plots for all of those. But let's start with the robot tax.

[Jack]

Sam believes that AI will do most computer work pretty soon, and eventually physical work too, with robots.

[Yeti]

So Sam proposes shifting the tax burden from tax on workers who will get displaced to a new tax on automated labor.

[Nick]

Basically, tax on the bots.

[Jack]

Hey, Amazon, congrats on replacing that warehouse worker with a robot. But now you have to pay a robot tax to replace that worker's income tax.

[Nick]

And Jack, Sam is also saying, hey, Amazon, if you do keep that worker,

[Yeti]

you're going to get a tax credit.

[Jack]

The second key feature of OpenAI's tax plan is a public wealth fund.

[Yeti]

Basically make the government and owner of AI ventures. Just like.

[Nick]

Like the government in Saudi Arabia is

[Yeti]

an owner in oil ventures.

[Jack]

Saudi Arabia doesn't just pump a lot of oil. The government, and therefore the people own the oil wells. It could be the same idea here in the States, but with AI like,

[Yeti]

hey, AI might take your job, but you own it. So here is your AI dividend check, American worker.

[Jack]

The third key to this open AI tax plan is a four day workweek Yep.

[Nick]

A policy to incentivize companies to shorten

[Yeti]

the hours down from 40 a week to 32.

[Jack]

To ensure that AI benefits our quality of life instead of just making us work more and more and more and be more productive.

[Nick]

Although, Sam, we know you're listening. If you really want to make this

[Yeti]

shine, you got to rebrand Friday to AI Day.

[Jack]

Everyone's getting a three day work week courtesy of ChatGPT and their AI books.

[Nick]

You couldn't spell Friday without AI. Anyway, I think you can, actually.

[Jack]

No, you can't.

[Nick]

Where are we on that one Clock? But Sam's goal at the end of the day. What is it, Jack?

[Jack]

Ensure that the broad public benefits from AI, not just the owners who own

[Yeti]

the LLMs, but Jack, Sam's side goal.

[Nick]

What about that?

[Jack]

Improve AI's popularity among the public and appear like an AI thought leader to help his fundraising.

[Nick]

Well, perfect timing, Jack, because Sam is already acting on that side goal because

[Jack]

he just bought his favorite podcast.

[Nick]

Little insulted we're second favorite, but we'll roll with it. Jack, what's the takeaway for our buddies over at OpenAI?

[Jack]

TBPN shouldn't cover OpenAI news.

[Yeti]

Look, Yetis, last week, OpenAI announced it was acquiring Sam Allman's favorite tech podcast, TBPN.

[Jack]

A very similar deal happened to us in 2019. Yeah, Robinhood acquired our media startup and we worked there for three plus years.

[Nick]

Tech company acquiring a media company now,

[Yeti]

tbpn, the tech podcast, says they will operate with editorial independence. And Sam wants TBPN to cover OpenAI News as hard as ever.

[Jack]

But we know that's not gonna happen. Happen because of the lawyers.

[Nick]

Yep, we've been there. Every press release that OpenAI puts out,

[Yeti]

every tweet, every Instagram post, legally is a statement that could be used against OpenAI in court.

[Jack]

And it's the same with every podcast episode. So anything TBPN publishes about OpenAI will have to go through legal review before airing, which creates an editorial chilling effect.

[Yeti]

And that's why when we launched at Robinhood after that deal, we claimed editorial independence right off the start as well.

[Nick]

But.

[Jack]

But with one key exception, we said we wouldn't cover Robinhood news.

[Yeti]

And that's the key. We didn't pretend we could remain unbiased in covering Robinhood news because the conflict of interest was just, like, too obvious.

[Jack]

And even if we ignored the conflict of interest, the lawyers wouldn't have let

[Nick]

us cover Robinhood Legal on the phone.

[Jack]

Just like we don't think they'll let TVPN cover OpenAI.

[Yeti]

And that's why TVPN. We suggest you do the same. Avoid becoming a legally sanitized version of OpenAI's PR team. You should just never cover OpenAI news.

[Jack]

Congratulations on the epic sale. But to save the show, cut the cord on OpenAI news coverage.

[Nick]

Jack, could you whip up the takeaways for us for T boy Tuesday?

[Jack]

Not just SpaceX and NASA's Artemis, Stardust is developing aerosols to shade the sun's rays.

[Nick]

Oh, the next addressable market, it's lunar infrastructure, AKA Lunastructure.

[Jack]

For our second story, nuuly isn't just driving rental revenues, it's driving sales of urban's clothing too.

[Yeti]

Nuuly succeeded make it easy to cancel instead of hard.

[Jack]

And our third and final story. OpenAI published a proposal to rewrite America's tax code with AI at the center.

[Yeti]

And they acquired TVPN, which, from our

[Nick]

experience, we suggest they don't cover OpenAI news.

[Jack]

But besties, this pod's not over yet. Here's what else you need to know today.

[Nick]

First, Trump accounts have chosen a brokerage, the bank of New York and Robinhood. Come on up.

[Yeti]

You're getting the roads.

[Jack]

Starting this Fourth of July, babies born in Trump's second term get $1,000 automatically put into the account for the stock

[Nick]

market, which is awkward because Jack and I have kids on either side of that deadline.

[Jack]

But bank of New York Mellon will handle the back end. Robinhood will build a new app for it, including design and customer service.

[Nick]

This is Wall Street's new golden ticket.

[Yeti]

Yetis. Bank of New York Mellon and Robinhood, they get to manage the next generation's moolah.

[Jack]

For our second story, Citrini Research sent an analyst to the Strait of Hormuz,

[Nick]

a real business trip, to see if

[Jack]

ships are going through it.

[Nick]

Okay, can I fly business class for this one?

[Jack]

This hedge fund wanted to see for themselves if ships are going through with oil or not.

[Nick]

Yes, they sent an intern or an analyst to, like, just go do this.

[Jack]

And what he found. Fifteen ships a day are passing way less than usual. But that's not zero. It's a meaningful data point.

[Nick]

Hedge funds, they'll do anything to make

[Yeti]

money, even send someone into a war zone. Hopefully, he or she is getting a bonus.

[Jack]

And finally, the latest. Inflation is getting serious pushback grade inflation.

[Nick]

That's right. Harvard is trying to cap the number of A's it gives out.

[Yeti]

And students are freaking out at the

[Jack]

lunch table because remember, 60% of grades at Harvard are A's, so who cares? If you're a straight a student, when 60% of students are straight A's, no,

[Nick]

it is honestly more impressive to be

[Yeti]

a straight B student.

[Jack]

So faculty are voting later this week on whether to set a quota for the maximum number of A's, which might cause a revolt.

[Yeti]

And you gotta work for that B.

[Nick]

Now time for the best fact yet. This one sent in by Isaac Holt

[Yeti]

from lovely West Jordan, Utah.

[Jack]

Push and play.

[Isaac]

Hey, Nick and Jack. My name is Isaac and I'm all about paddle. I'm a young entrepreneur opening a paddle facility in Utah this spring. So trust me when I say this sport is the real deal. Fun fact for you. Padel originated in Mexico in the 1970s and has since become the fastest growing sport in the world. In Spanish, it's pronounced Padel with that accent. And here in America, we want to honor that, so we call it Padel. Our facility is called Paddle Park. It's going to be the best paddle facility in Utah. Come check us out, see what the hype's all about. Is the coolest community sport in the world.

[Nick]

I mean, 10 years ago, you couldn't raise money as a startup unless you were wearing all birds and going a soul cycle. And now you better be wearing on sneakers and playing Padel.

[Jack]

How do you pronounce it? How do you pronounce it?

[Nick]

Padel?

[Yeti]

Because if you know, you know, you know.

[Nick]

Yetis, you're looking fantastic today, Jack. You are glowing right off that flight, my friend. Thank you, man. Thank you. All right, so we did something special because the show was sold out last week. We released a few new tickets. We literally squeezed a few seats into one of the race.

[Jack]

I think we have a dozen comped tickets. Yeah, Nick and I don't have enough friends here, so we're opening them up for you to buy.

[Nick]

Yeah, so my mom, you know, my aunt. Yeah. There's only so many family members you can bring. So it's our special, special tickets. The VIPs. We released them. We want you to grab them before they go.

[Jack]

It's gonna be our best show yet, hands down.

[Nick]

In the meantime, Jack, we got a reservation up with Squale Jones. We got some pizza to eat, my friend. Let's get out of here. And before we go, a happy birthday to legendary Eddie Bodhi Badarai, turning 12,

[Yeti]

taking his first ever train ride from Boston to New York City to see our live show.

[Isaac]

Whoa.

[Nick]

And Jack, I should point out this is not easy for someone in a wheelchair. But our live show is accessible, so we are so, so pumped that Bode's making it down and wearing a slammin

[Yeti]

salmon bow tie for it.

[Jack]

Happy birthday to Joaquin Aguilar, turning 11 in Encinitas, California, popping wheelies and acing spelling tests.

[Nick]

And Avery Kennis over in Berlin, Massachusetts, just outside Boston, is having a sleep under party with all her buddies. The other Berlin.

[Jack]

And happy birthday to Elise and Amotho Villarreal, a couple with the same birthday

[Nick]

in Napa, California, no one could ever know. And Suzy Lee, starting a new role as a senior, Minneapolis.

[Yeti]

And celebrate them with a chai latte.

[Jack]

Congratulations to Kavion Barry, who just finished midterms at mit. He's been listening to T Boy every day since middle school.

[Nick]

Wow. And Tyler Cowie released a new app called Swipe Eats in Salt Lake City built for food lovers to find their next meal. Congrats on the launch, Tyler.

[Yeti]

Check it out, Yetis.

[Jack]

What is it with these Utahs?

[Nick]

Promoting their businesses, very supportive community. And a big shout out to Rick

[Jack]

Matson from Fox Island, Washington. He missed. This is that we dropped the T boy jingle on YouTube. We only play it on the audio version. Rick, give us your email. I'll send you the MP3 file.

[Nick]

Oh, and also, we've got a special edition of the jingle coming out on Wednesday on our live show.

[Jack]

If you know, you know this is Jack. I own stock of Lyft and Amazon, and Nick and I both own stock of Robinhood.

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