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[00:01]
A
This is Nick.
[00:02]
B
This is Jack.
[00:03]
A
Welcome back. It is Monday, June 15, and today's pot is the best one yet. This is a T boy.
[00:09]
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The top three pop business news stories you need to know today.
[00:12]
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All right, Jack landed In New York, 5pm Was at the CNN studios by 6:30pm Nick's game after our TV hit on CNN. 8:30, baby.
[00:21]
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That is the most New York evening. More happens in one day in New York than in Chittenden county in a year.
[00:27]
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I didn't even tell you about the after party. But, Jack, three fantastic stories for our. What do we got on the T Boy?
[00:33]
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Great to have you on the east coast for the next month, Nick.
[00:36]
A
Great to be back, baby.
[00:37]
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Waymo launched Waymo Premier last week, which is basically Waymo plus for 30 bucks
[00:42]
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a month, Waymo's going fancy. But we suggest a U turn for our second story.
[00:47]
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It's the Sagrada Familia. The tallest church in the world is finally done after 144 years of construction.
[00:53]
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The business takeaway. The architect built blueprints first. Asked questions later.
[00:58]
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And our third and final story is what we're calling Gov GPT. The idea that Bernie and Donald are aligned on. And Sam and Dario too.
[01:06]
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Gov GPT. It could solve AI doomerism with three big asterisks.
[01:12]
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But yetis before we hit that wonderful mix of stories.
[01:14]
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Like we said, best mix in the biz. Love the mix, Jack.
[01:17]
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First time in 53 years the new York Knicks are champs. And this Knick happened to be a New York boy.
[01:22]
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Dropped the K. The city was so loud, Jack. Actually, I can still. I'm having trouble hearing still.
[01:27]
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And the Knicks won the championship on their 80th birthday.
[01:29]
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But seriously, I'm actually having trouble hearing today, man.
[01:31]
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But get this. The New York Knicks name goes back 200 years.
[01:36]
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And we hope your marketing team can hear this one.
[01:39]
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Because the New York Knickerbockers, as their full name is, can be traced back to October 26, 1809.
[01:45]
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The Knickerbockers, first mentioned on page three of the New York Evening Post.
[01:49]
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It was an article that started like, distressing. A small man with a black coat is missing from his hotel.
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And then it went on. He left his favorite book at that hotel.
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The hotel's name, the Columbia.
[01:59]
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The man's name, Diedrich Knickerbocker.
[02:02]
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But here's the thing. There was no Columbia Hotel and there
[02:05]
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was no Diedrich Knickerbocker.
[02:07]
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So what really happened was.
[02:08]
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Jack.
[02:09]
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Well, a not yet famous author named Washington Irving wrote that article to promote
[02:14]
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his novel, which was about a man from New York named Knickerbocker.
[02:17]
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So he wrote an article about the protagonist as if the protagonist was real.
[02:21]
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But soon that fake name, Knickerbocker, became the real nickname for New Yorkers.
[02:26]
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And a century later, that nickname, the Knickerbockers, was adopted for New York's first basketball team.
[02:32]
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So, besties, here we are, the New York Knicks. They just made history, but the team
[02:36]
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really began with some business history.
[02:38]
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Ah, a marketing stunt 217 years ago.
[02:42]
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You can make the headlines or you can make up the headlines. The Knicks are kind of doing both.
[02:46]
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Yeah, they are. Jack, let's hit our three stories.
[02:49]
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Fifteen years before this song, two boys from the northeast met in the dorm. They had an idea, caused a cultural storm. It's the best one yet. But the best is the norm. Jack. Nick.
[02:59]
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Nick.
[02:59]
C
That's it. I don't even think they need to practice. 50%. That's a fat tip. T Boy city on your at list. If you know, you know. Cause we read to go. We can't wait no more. So just start the show. Start the show.
[03:18]
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First, a quick word from our sponsor,
[03:25]
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Beero premium non alcoholic beer.
[03:27]
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Alright, yet he's a little behind the scenes here. Before our New York City live show back in April, Jack and I went sober for two weeks. True story.
[03:35]
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Couldn't risk getting sick. I didn't want to be groggy. I couldn't afford a hangover. It was New York, baby.
[03:40]
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Okay, but Jack, celebrating the wins is what we do. And so for our live shows, we crack open something special.
[03:46]
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So we drank beer O the premium non alcoholic beer brand co founded by Tom Holland.
[03:51]
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Yeah, actually first saw it at my grocery store. Delicious. Tastes like a celebration. Feels fantastic and looks legit. More on the looks in a sec.
[03:58]
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And if it's good enough for the actor who played Spider man, it's good enough for us.
[04:03]
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You see, it pairs well with the pickleball game of profitable earnings report or with the best podcast.
[04:09]
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So yetis, if you want to celebrate the wins with all the taste of a premium lager or ipa, but none of the alcohol, there's no better choice than beer.
[04:16]
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Okay, pause the pod. Did we mention the can is straight up gold? This thing will stand out at every one of your next parties. Trust us, we've done it.
[04:23]
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Only beer we know that actually upgrades the scene like a promotion.
[04:27]
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So Basti's, if there's a win, you're celebrating every day. Bero is the non alcoholic brew brand you Gotta bring.
[04:33]
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So use code t boy for 20% off your first order at beroebrewing.com monarch
[04:39]
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yetis one lobster roll. No joke. 50 bucks on Nantucket. And why is that a problem, Jack?
[04:46]
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Because we're going to Nantucket this summer on a joint family T boy trip.
[04:49]
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It's a write off. It is expensive, but we will travel with peace of mind because our finances are organized in Monarch despite the lobster rolls.
[04:57]
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Monarch is the personal finance app that tracks everything. Accounts, investments, savings goals and spending.
[05:02]
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Get your first year of Monarch Core for half off, just $50 with promo code tboy.
[05:07]
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Monarch shows visually how much you're spending this month compared to the average month, which is really useful.
[05:11]
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So, like, honestly, this month been a doozy. Jack booked a lot of travel, but I know the future months won't be as bad after lobster roll season.
[05:18]
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You know, because Monarch showed you last year you had a spike in May for travel bookings, but a dip in the summer because the travel was already paid for.
[05:25]
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You can even ask Monarch's AI assistant anything about your finances.
[05:28]
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Like, what are the key changes in my spending so far this year compared to last year?
[05:32]
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And how much was spent on lobster rolls last summer?
[05:35]
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Use code tby@monarch.com to get your first year of Monarch Core at half off. Just $50.
[05:41]
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That's 50% off your first year at monarch.com with code T for our first story. Waymo just announced their first ever subscription. Jack and I call it Club Waymo.
[05:56]
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Because the future of this robo taxi is to act like Amex.
[06:00]
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Quick warning, Yetis. If you're riding in a Waymo right now, watch out for that parrot on the front seat. You see that over there?
[06:05]
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Yeah, sorry.
[06:05]
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What's that, Nick? Yeah, sorry. Technically, it's a parakeet. Someone's parrot's gone viral on TikTok, Jack, because they were driving on the wheel of the Robo taxi.
[06:14]
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That's adorable, but the rest of the Waymo situation right now is not adorable.
[06:18]
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No, it's not. Because Waymo just got banned by the mayor of New York City.
[06:21]
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It was back in April, and the mayor said it was to protect drivers. Although every rider we've ever met loves
[06:27]
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Waymo, I do enjoy my Waymo rides down to the T Boy studios.
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And since Boston has banned Waymo too, no city is giving Waymo the chance to prove it can drive in the snow.
[06:36]
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So to improve their pr, Waymo is heading to prime time.
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They just did their first TV commercial and the opening line comes out swinging.
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Here it Is Waymo Dr. Is safer than human driver.
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Basically they said if you're opposed to Waymo, you're pro car accidents. The whole theme was safety.
[06:53]
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And it's not just the commercials right now, is it, Jack?
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Waymo just launched their first ever Waymo designed car. Yeah, it's not that Jaguar. It's the Waymo Ojai, which interestingly is made in China.
[07:05]
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How does it look? Well, kind of like a minivan and a Pixar lamp.
[07:08]
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Had a baby that was conceived in a computer science lab.
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The highlight of this self driving car itself, the self shutting doors so Waymo
[07:17]
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can stop hiring door dashers to close the door that the rider didn't close for them.
[07:20]
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So besties, pause the pod. Waymo got a lot going on. But the real shocker from Waymo in
[07:25]
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the last few days, a Waymo subscription. They call it Premier, but we call
[07:29]
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it Club Waymo because you don't get it unless they invite you.
[07:33]
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It's 30 bucks a month and it's for hardcore robo routers. And here's what you get. Priority pickups to Skip the line, 10% cash back on each trip, plus a handful of free cancellations per month.
[07:43]
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Now Jack, I gotta ask, we gotta sprinkle on some financial context. That's three times more than Uber's monthly subscription.
[07:48]
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So Nick and I did the money math for you to figure out, should I buy it or should I not buy it?
[07:53]
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The pay or pass question. And if you live in a Waymo city, this is what you are wondering. Jack, why don't you whip out the whiteboard for us?
[07:59]
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The average price of a Waymo ride,
[08:01]
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according to Nick is 20 bucks per ride.
[08:03]
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And since you saved 10% with Waymo Premier after 16 rides a month, your $30 a month Waymo subscription is paid for just in the savings.
[08:12]
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What we're saying, bestie, is that this subscription pays for itself if you take four or more Waymo rides a week.
[08:17]
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But there's still value if you hate waiting. Because Waymo Premier gets priority pickup quicker than anyone else.
[08:23]
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Hailing a ride and waiting is the worst. Which leads to how Waymo Premier is different from Uber.
[08:28]
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One Waymo Premier is being marketed as a fancy membership community. Again, the name, it's literally called Premier.
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It's why we're calling it a club.
[08:36]
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So Waymo is trying to go Gucci and that got us thinking of a takeaway.
[08:40]
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So Jack, what's the takeaway for our buddies over at Waymo?
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Waymo should not go fancy because fancy frustrates.
[08:47]
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Oh, yeah, fancy can frustrate besties, Waymo. They could take inspiration here from the airline and the credit card industries.
[08:53]
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Both have created upper classes and membership perks that feed consumer fancy lifestyles.
[08:58]
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Delta's profit puppy is the business class seats. Amex's advantage is the $400 hotel perks.
[09:04]
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And now Waymo's first subscription is creating an upper class of riders, basically. And only people who get invited by
[09:10]
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Waymo can join Premier first rule of Club Waymo. No taka about Club Waymo.
[09:16]
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But we think Waymo should not clubify itself because it would hurt their pr
[09:21]
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and that's their war. Right now, like New York City, Boston are both opposing Waymo to protect driver jobs. And if Waymo is perceived as a
[09:27]
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rich man's ride, that perception would also undermine the commercial that they just dropped,
[09:31]
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which is all about safety, that Waymo wants to connect their brand to. Safety, not fancy.
[09:36]
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So Waymo should go less Amex Platinum, actually, and more Visa because Visa is
[09:40]
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accepted everywhere, which is what Waymo needs to be
[09:45]
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for.
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Our second story. After 144 years of construction, the world's tallest cathedral finally opened in Spain.
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It's the Sagrada Familia. And there's a business lesson in this story on how to build things, how to build anything.
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But Yeti's St. Peter's Basilica over in Rome, it took 120 years to finish.
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The Notre Dame in Paris, that took 200 years.
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That huge Gothic church over in Cologne, Germany. 632 years to complete.
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632 steps to climb to the top. I did it when I was studying abroad.
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It's a Schwitz. All hundreds of years ago though those churches were finished well before our time.
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Did you know there's a recent epically long to build church that was just completed last weekend?
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And that church Jack's talking about is now the tallest church in the entire World at 566ft.
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The Sagrada Familia in Barcelona, Spain. Besties.
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You thought your six month patio renovation went on too long?
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Yeah, The Spaniards started this church in 1882.
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1882. And they finally finished it last weekend with an opening pitch. I mean, blessing from Pope Leo.
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And that makes sense that Leo is there. More Americans visit this church than Spaniards do.
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And this cathedral is unique. Not just in the time it took and the height it reached, but in its style.
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Because this church looks like a sandcastle.
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A sandcastle from a Tim Burton movie.
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Jack, it's the most insane looking building. You've probably wikipediaed this place before.
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It's got 18 towers, zero right angles and whimsical curves filled with holes like a kaleidoscope in Alice in Wonderland.
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If you handed Ringo Starr a pen and paper while on lsd, this is what he would have drawn.
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And it's by the famous architect Antoni Gaudi, who passed away 100 years ago.
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More on that in a second. But this cathedral. Nick and I are business guys. This is the most profitable product of religion since the donation ball.
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What we find fascinating is that the product the Catholic Church has been selling is. Is a construction site.
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Stay with us here, Yetis. For the first century of the construction of this church, the Sagrada Familia was funded by private donations.
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But then, ahead of the 1992 Olympics in Spain, the church began charging admission
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to tourists, even though the church wasn't done.
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So since then, 5 million tourists a year are paying $30 each to visit. Jack, can you do the math for us?
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That's $150 million in annual ticket revenue.
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Hussein Messi's tourists have been funding construction of the unfinished attraction that they just came to see.
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Yeah, they're paying to go visit something that's not even done, and they've been doing it for 30 years. It's like GoFundMe.
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God. And since these $600 million in construction costs were spread out over 144 years,
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the $4 million in average annual construction cost for this church is covered today by just 10 days of admissions fees.
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Now, we know what you're thinking, besties. What about the other cathedrals out there? Well, yes, St. Peter's is the most famous and it gets twice as many visitors. But it's free to visit it' Notre Dame. That's the most visited church, but it relies on private donations from fancy Frenchies.
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The Hagia Sophia in Istanbul, the Great Mosque in Saudi Arabia, both rely on government funds.
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Now, the original business model for Gaudi's church, it was to fund it with
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guilt donations from atoning Catholics.
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But since guilt is a depreciating asset, they pivoted to tickets before the pain even dried.
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So the Sagrada Familia pivoted from guilt driven donations to experiential tourism to fund the extremely expensive and time consuming construction,
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basically from a shrinking revenue stream to a growing one.
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And the architect never could have predicted this.
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But that's exactly the point.
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Because.
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Jack, what's the takeaway for our buddies who are? Anyone running a business designed for the
[13:24]
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what, not the how, Yetis?
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This architect, Gaudi, his designs are just crazy. Like we can't even express it on a podcast. But entrepreneurs, you can learn from this artist.
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He didn't care that he'd never see the completion of this church. In fact, he said, my client isn't
[13:41]
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in a hurry because his client was God. But the key here is that he designed the building even though it wasn't physically possible to build yet.
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He left the challenge for how to build the tallest towers of this church for someone in the future to figure out.
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Basically, let's get started on the foundation. We'll figure out the top in 100 years.
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And he passed away when only 25% of the church was completed.
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For example, the 12 ton cross for the top that Gaudi designed back in 1882, that was impossible to build back then.
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But by 2026, engineers figured it out. They said we can build a tower that tall that can hold 12 tons at the top.
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So the way Jack and I see it, the business takeaway is to not worry about how to build something before you launch it.
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Your role as a creator is to craft the perfect product first and figure out how to build or scale it later.
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You see, if Gowdy had worried how to construct the world's tallest church, he would have never had a blueprint in the first place.
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It's a lesson in business and creativity. Design the what, not the how.
[14:37]
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Grab your pens and Jack and I will see you after the break. Now a quick word from our sponsor.
[14:45]
B
Netsuite by Oracle yeti.
[14:47]
A
Soon a $1 billion company will be founded and have just one human employee.
[14:52]
B
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[14:55]
A
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[14:59]
B
NetSuite is the number one AI cloud ERP trusted by over 43,000 businesses.
[15:04]
A
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B
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[15:19]
A
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[15:23]
B
It'll automate processes, deliver insights and keep you ahead of the competition.
[15:27]
A
Especially if that competition is one dude and a whole army of bots. AI bots.
[15:31]
B
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[15:38]
A
The guy is free for you to
[15:39]
B
use at netsuite.com tboy netsuite.com tboy Top
[15:44]
A
hats, baseball hats, Von Dutch hats. We wear so many hats on this podcast.
[15:47]
B
Honestly, we're not great at all of them. No, we've been avoiding hiring someone to wear those hats instead of us, especially the Von Dutch one, because hiring and training can take forever.
[15:55]
A
Well, Brad, to say that we are hiring right now AT T boy. And this is a job for Indeed sponsored jobs.
[16:01]
B
Because sponsored jobs posted directly on indeed are 95% more likely to report a hire than non sponsored jobs.
[16:08]
A
So besties spend less time searching and more time actually interviewing candidates who check all your boxes. Less stress, less time, more results when
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B
you need the right person to cut through the chaos. This is a job for Indeed sponsored jobs.
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A
And listeners of the show will get a $75 sponsored job credit to help get your job the premium status it deserves@ Indeed.com podcast.
[16:26]
B
So just go to Indeed.com podcast right now and support our show by saying you heard about Indeed on this podcast.
[16:33]
A
That's indeed.com podc. Terms and conditions apply. Need a hiring hero? This is a job for Indeed sponsored jobs. For our third and final story, the big idea in both Washington and Silicon Valley, a US Sovereign wealth fund to own the AI companies.
[16:53]
B
We call it Gov GPT. Here's the shocking coalition of opposites aligned on this same idea.
[16:59]
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Okay, you're just not gonna believe this. Besties. Two weeks ago, we saw two headlines that would make you sit down, stand up and spit out whatever you're reading right there. J.
[17:07]
B
Senator Bernie Sanders introduced the American AI Sovereign Wealth Fund act to create a
[17:12]
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sovereign wealth fund that collects a one time 50% tax on all the AI hyperscalers.
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But the 50% tax would be paid not in cash, but in newly issued stock. Yeah, ipso facto, the government would own 50% of the AI companies.
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Those mango stocks we mentioned the other day, the government would own half of them is the idea.
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But here's the plot twist. When asked about Bernie's idea, President Donald Trump kind of agreed.
[17:36]
A
I'm sorry, checking the watch here. Opposite day, opposite hour. What's going on, Jack?
[17:39]
B
Now, Trump says he wants to buy AI stock voluntarily, like he did with intel, not through a mandatory tax like Bernie.
[17:46]
A
But it's the same basic idea.
[17:49]
B
Now, both of these two men are economic populists. One's on the far right, one's on the far left. They're kind of meeting on the other side of the world, if you know
[17:55]
A
what I mean, Jack. This is kind of like when Kylie Jenner and Taylor Swift were hugging at the end of that Last Knicks game. You see that?
[18:01]
B
Yeah. Worlds are colliding. Bernie and Donald both want a sovereign wealth fund to buy AI companies.
[18:07]
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A Kardashian and a Swiftie.
[18:09]
B
But here's what might surprise you even more. The leaders of the AI industry seem to agree, at least in part.
[18:16]
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Yeah, we covered it on the pod in April, back when OpenAI published their industrial Policy for the Intelligent Age paper.
[18:23]
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One of Sam Altman's recommendations was, and I quote, create a public wealth fund that provides every citizen a stake in AI driven economic growth.
[18:30]
A
I'm sorry, Jack, pause the pod. Back in October, didn't Anthropompy Dario Omade proposed the same thing?
[18:36]
B
Yes, he did. And I quote, dario said, create a national sovereign wealth fund with stakes in AI.
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I mean, Norway has its own sovereign fund from all its oil. Saudi Arabia has one for all their oil. Pretty sure Canada has one from all those maple syrup reserves, Jack.
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Why not the United States having one for our AI industry?
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It's our resource. Even Elon Musk thinks that we should.
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No, just kidding. There's no chance in hell Elon would ever give away half his syrup SpaceX stock to the government.
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A
And there's no chance on Mars either. But that's the key, actually, because how much of each AI company would a proposed US wealth fund actually own?
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Jack, like we said, Bernie wants 50%. He compares AI to nuclear, which the government owns 100% of.
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Of course, the AI companies, they want you to own much less than 50% of them.
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Second, big question not yet answered. What companies exactly would get taxed. Bernie didn't clarify what qualifies as an AI company.
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It wasn't specified. But taking a 50% tax on Google or sex just because they have AI divisions, yeah, that's not gonna happen. Yeah, over Bezos dead body, as they say.
[19:39]
B
But add it all up. Donald Trump, Bernie Sanders, Sam Altman, Dario Amade and Taylor Swift.
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A
And Kylie Jenner.
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B
But did they just hug it out on, like, one of the most important economic policies of our age?
[19:52]
A
You're right. I meant Kendall Jenner. And I think they did, Jack. So, Jack, what's the takeaway for our buddies over in AI?
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GovgPT is the solution to AI doomerism, but with three asterisks.
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Three asterisks. Yetis. This could solve AI's equity problem. All Americans become AI owners.
[20:11]
B
And it could solve AI's safety problem. With the government at the board table, there'd be more of a focus on safety, not just on speed.
[20:18]
A
But Jack and I have noticed there are at least three big asterisks to a US AI wealth fund.
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First, as we mentioned before, how do you define an AI company? Remember that SpaceX and Google example we gave about?
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A
Second, these AI hyperscalers are losing money, not making money. So like, what's the value of actually owning them?
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And third, with government at the table, it could slow innovation, it could get bureaucratic, and we could lose the AI race to China besties.
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The AI companies have said for years now we need to be regulated. We want to share the benefits of AI with society.
[20:47]
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A US sovereign wealth fund for AI is the idea that everyone across the political spectrum and in business seems to be agreeing on.
[20:55]
A
Call it Gov GPT. It's the solution to AI doomerism, but with three big asterisks. Jack, could you whip up the takeaways for us to kick off the week?
[21:06]
B
Waymo Premier is a $30 a month invite only upper class of robo riding. Yeah, call it Club Waymo.
[21:12]
A
Club Waymo. But we think they shouldn't given their whole PR sitch. Cause fancy, eh? That can frustrate.
[21:17]
B
The Sagrada Familia was blessed with fireworks and a visit from Pope Leo because
[21:21]
A
144 years ago, the architect didn't let the how get in the way of. Of the what.
[21:26]
B
And finally, Bernie, Donald, Sam and Dario all agree that government ownership of the AI giants is the solution.
[21:32]
A
But the plan has three asterisks that we still. We still gotta figure those out.
[21:37]
B
But besties, this pod's not over yet. Here's what else you need to know today.
[21:41]
A
First, the SpaceX IPO. It happened. Elon is officially the world's first trillionaire. Things went smoothly on NASDAQ on Friday.
[21:49]
B
The stock rose 19%. But the most interesting part of IPO day was something the president of SpaceX said.
[21:55]
A
That's right. She said that Elon could emerge SpaceX get this with Tesla as their next big thing.
[22:00]
B
She said, and I quote, it certainly would make things easier for Elon.
[22:03]
A
Let us know if you want us to cover it as a story. And second, Sleep Number mattress, they sadly just filed for bankruptcy.
[22:09]
B
Travis Kelce became strategic partner and investor in Sleep Number just back in January,
[22:15]
A
less than six months ago we covered it after signing the football player Sleep Number. Though they've now signed the big B.
[22:20]
B
They're selling to a Canadian company that so this company will wake up from bankruptcy soon.
[22:25]
A
And finally some good news for our buddy Travis. Taylor Swift was at Madison Square Garden for a Knicks game last week. But it's because she may be getting married there.
[22:35]
B
That's the rumor. Reports indicate that her wedding with Travis will take place over July 4th weekend in New York City.
[22:42]
A
And why not msg 18,000 seat capacity. I mean, it's a lot of hors d', oeuvres, it's a lot of crudite. But Jack, they could figure it out.
[22:48]
B
It would be her most on brand move yet because she'd let as many swifties as possible witness her nuptials.
[22:54]
A
Although of those 18,000 seats, Travis only gets 53 invites. From what I understand, Jack. Now time for the best fact yet, which because we're kicking off your week is T boy trivia. What do we got, Jack?
[23:05]
B
Why do we Americans call football soccer?
[23:07]
A
What's the origin of the word soccer?
[23:09]
B
And are we the only country that doesn't call it football?
[23:12]
A
Drop your guesses in the comments and Jack and I will reveal the soccer origin in tomorrow's pod. Yetis, you look fantastic to kick off the week. Jack, you're glowing over there.
[23:21]
B
I love the shirt. Yetis, if you have the best fact yet, we got a link in the episode description that gives you a Google form. Send yours in. Send us your audio fact too.
[23:28]
A
And by the way, Jack, incredible job on cnn. Like what? What a hit. We were there for the SpaceX IPO. Jack was crushing it with that opening line.
[23:37]
B
I felt naked without you. But then you went to CNN the next day.
[23:41]
A
What a combination. Cnn. Thanks for having us. And Yeti's Jack and I, we'll see you manana. Before we go, a happy birthday to legendary Yeti McKenthia Ebron who just had a birthday and a pay raise down Texas.
[23:57]
B
Happy birthday to nia Munier turning 10 years old in San Jose. She's been a Yeti since she was 6 years old. Thank you, Nia.
[24:04]
A
And Lucas Jacobson's on the way to school with his brothers turning 10 down in Tennessee.
[24:08]
B
Happy birthday to Jada Tuohy just outside Boston.
[24:10]
A
And Yvonne Valencia moved all the way from Columbia for her dream job in Stamford, Connecticut and is celebrating a birthday.
[24:17]
B
And happy 44th birthday to Todd Cockrell in San Diego, recently single ready to mingle.
[24:23]
A
And Ben Robin just got an epic new remote job as a paraplanner and tank. Congratulations, man.
[24:28]
B
Congratulations to Colleen Kincaid in Litchfield, Connecticut, who just got her best job yet and brought up T boy in the interview process.
[24:35]
A
Thanks for whipping up the takeaways. And a congratulations on the one year opening anniversary to Coco's Local market in Doylestown, Pennsylvania. Skylar Fry. He made it happen.
[24:44]
B
And finally, congratulations to Mark Paris. Their startup Rabbit just raised 300k. Not too shabby.
[24:52]
A
Had to get it in.
[24:56]
B
This is Jack. I own one share of SpaceX. That's how much Robinhood gave me the IPO allocation.
[25:01]
A
I got zero. And now.
[25:02]
B
This is Nick and Jack. We both own stock at Robinhood.
[25:05]
A
This episode is brought to you by Bill, the intelligent finance platform that helps businesses scale with proven results.
[25:10]
B
Yet he's paying and getting paid. That is a pain for small and medium sized businesses.
[25:16]
A
Jack, did you send the invoice? Did they see the invoice? Did you remember to remind them to see to pay to remember to pay the invoice?
[25:21]
B
If you drop the ball in any one of those steps, you don't get paid.
[25:24]
A
Nope.
[25:25]
B
And you're missing out on cash flow. You should not have to chase your customers. This isn't Tag.
[25:30]
A
So powered by AI. Bill does all that simply and automated so that you don't have to ach
[25:35]
B
credit card check international wire transfers. They probably do carrier pigeon bill pay if that's how you want to get paid.
[25:41]
A
Bill is the intelligent finance platform trusted by nearly half a million businesses and 98 of the top 100 U.S. accounting firms to manage, move and maximize your money.
[25:49]
B
They have securely processed over a trillion dollars in real transactions. That is proven infrastructure you can actually trust.
[25:55]
A
So besties talk to an expert@bill.com proven and get $150 gift card as a thank you. That's bill.com proven terms and conditions apply.
[26:04]
B
See offer page for details.

Summary5 min read

Podcast Summary: The Best One Yet

Episode: 🚖 “Robo Club” — Waymo+. Gaudi’s 144-year cathedral. GovAI’s surprise coalition. +Knickerbocker naming
Hosts: Jack Crivici-Kramer & Nick Martell
Date: June 15, 2026

Overview

This episode of "The Best One Yet" delivers the top three pop-business stories you need, blending business trends, quirky historical facts, and humorous banter. Today, Jack and Nick explore:

Waymo’s new subscription model and the pitfalls of “going fancy” with robo-taxi memberships,
The Sagrada Familia’s completion after 144 years and its lessons for how to build anything,
The cross-aisle political and business idea for a U.S. AI sovereign wealth fund ("Gov GPT"), featuring a rare coalition of opposite sides.
Bonus content includes the history of the Knicks' nickname, a SpaceX IPO update, and TBOY’s signature trivia challenge.

1. The Knicks: History as Marketing (00:36–02:46)

Key Points

The New York Knicks win the NBA championship on their 80th birthday, causing citywide celebration.
The “Knickerbockers” name dates back to an 1809 marketing stunt by Washington Irving, which became a nickname for New Yorkers and then the basketball team.
Quote:
- “And a century later, that nickname, the Knickerbockers, was adopted for New York's first basketball team.” - Nick (02:31)
The story serves as a reminder: you can make the headlines—or make up the headlines.

2. Story 1: Waymo+ Launches "Club Waymo" (05:40–09:44)

Waymo’s “Premiere” Subscription

Waymo launches its first-ever subscription—$30/month, invite-only, dubbed "Waymo Premier” or as the hosts call it, “Club Waymo.”
Key perks:
- Priority pickups (skip the queue)
- 10% cashback on every ride
- Free ride cancellations

The Robo-Taxi Branding Dilemma

Waymo’s PR battle: recently banned from New York and Boston with officials claiming it threatens driver jobs, despite users loving the service.
Attempts to counter pushback:
- New TV commercials stressing safety:
  - Quote: “Waymo driver is safer than human driver.” - Nick (06:44)
- Launch of the custom-designed Waymo “Ojai” car (made in China), featuring self-shutting doors.

Is “Club Waymo” Worth It?

Math: at $20/ride, the subscription pays for itself with 16 rides/month (or 4 rides/week).
- Quote: “If you take four or more Waymo rides a week, this subscription pays for itself.” - Jack (08:11)

The Takeaway (09:43)

“Waymo should NOT go fancy because fancy frustrates.”
Creating exclusivity (like airlines and credit cards) may build loyalty among a few, but damages public perception—especially when the company most needs broad acceptance.
Quote:
- “Waymo should go less Amex Platinum and more Visa, because Visa is accepted everywhere, which is what Waymo needs to be.” - Nick (09:35)

3. Story 2: Sagrada Familia—144 Years in the Making (09:45–14:36)

The Longest Building Project: Complete at Last

After 144 years, Barcelona’s Sagrada Familia, the world’s tallest church, is finished (566ft).
Started in 1882; architect Antoni Gaudi died with it only 25% built.

Business Lessons from Gaudi’s Vision

Sagrada Familia was funded by:
- Private donations initially (“guilt giving”)
- Pivoted during the 1992 Olympics to tourism (admission tickets), bringing in $150M/year
- Tourists funded unfinished construction for decades: “like GoFundMe God.”
Annual construction costs ($4M/year) are now covered in just 10 days by admissions.

The Takeaway (14:18)

Design for the “what,” not the “how”—launch the vision and let future generations solve technical challenges.
Quote:
- “This architect, Gaudi... He didn't care that he'd never see the completion of this church. In fact, he said, ‘My client isn’t in a hurry because his client was God.’” - Jack (13:36, 13:41)
- “Your role as a creator is to craft the perfect product first and figure out how to build or scale it later.” - Nick (14:19)

4. Story 3: GovGPT—A U.S. AI Sovereign Wealth Fund? (16:33–20:54)

The Proposal

Senator Bernie Sanders proposes a U.S. “AI Sovereign Wealth Fund”
- 50% one-time tax paid in new stock of “AI hyperscalers,” making government co-owner.
Surprising bipartisan and industry support:
- Trump endorses voluntary government acquisition of AI stock.
- Sam Altman (OpenAI) and Dario Amodei (Anthropic) have previously supported a public AI fund.
Quote:
- “...create a public wealth fund that provides every citizen a stake in AI-driven economic growth.” - Quoting Sam Altman (18:22)
- “...create a national sovereign wealth fund with stakes in AI.” - Quoting Dario Amodei (18:36)
- “Why not the United States having one for our AI industry?” - Nick (18:49)

The Problems (“Three Big Asterisks” at 20:04)

How do you define an “AI company” for this tax/ownership?
Most AI “hyperscalers” are unprofitable—what is government really acquiring?
Government board seats may stifle innovation and slow America in the AI race.

The Big Takeaway (20:04)

GovGPT could solve AI “doomerism” and equity/safety issues—if the three asterisks can be addressed.

5. Bonus Segments & Notable Moments

SpaceX IPO + Mega-Merger Tease (21:40–22:03)

SpaceX IPOs, making Elon Musk the world’s first trillionaire.
Rumor: Talks of merging SpaceX with Tesla in the future.
Quote:
- “She said, and I quote, ‘It certainly would make things easier for Elon.’” - Nick quoting SpaceX's president (21:59)

Sleep Number Bankrupt; Taylor Swift Marriage Rumor (22:03–22:54)

Sleep Number files for Chapter 11 after partnering with Travis Kelce earlier this year.
Taylor Swift rumored to be marrying Kelce at Madison Square Garden—maximizing Swiftie attendance.

TBOY Trivia (23:05)

“Why do we Americans call football soccer? What’s the origin of the word soccer?”

Notable Quotes & Humor

“You can make the headlines or you can make up the headlines. The Knicks are kind of doing both.” - Nick (02:41)
Rapid banter on everything from Taylor Swift and Kylie/Kendall Jenner hugging at Knicks games to the price of Nantucket lobster rolls.

6. Timestamps for Key Segments

[00:36] Knicks’ History & Marketing Origins
[05:40] Story 1 - Waymo “Club” Subscription
[09:45] Story 2 - Sagrada Familia & Business Creativity
[16:33] Story 3 - GovGPT: Sovereign Wealth Fund for AI
[21:40] Bonus Headlines: SpaceX IPO / Sleep Number Bankruptcy
[23:05] TBOY Trivia

7. Signature Style

Casual, upbeat business storytelling:
- “Fancy can frustrate, besties,” “GoFundMe God,” “You thought your six month patio renovation went on too long?”
Mix of pop culture (Swifties, Knicks) and business insights keeps tone accessible and engaging.

Summary Takeaways

Waymo: Innovating too far upmarket may backfire in public relations—focus on access, not exclusivity.
Sagrada Familia: Show entrepreneurial courage—dream big even if today’s tools can’t deliver; let the future handle the “how.”
AI Sovereign Fund: A rare bipartisan and business coalition is forming to make all Americans stakeholders in AI—but the execution is fraught with complexity and risk.
Stay tuned for more on SpaceX, Taylor Swift’s wedding plans, and why Americans call it “soccer.”

For detailed business insights wrapped in cultural banter and memorable metaphors, this episode delivers the definitive breakfast blend of news and ideas.

Loading summary

Transcript296 lines

[00:01]
A
This is Nick.
[00:02]
B
This is Jack.
[00:03]
A
Welcome back. It is Monday, June 15, and today's pot is the best one yet. This is a T boy.
[00:09]
B
The top three pop business news stories you need to know today.
[00:12]
A
All right, Jack landed In New York, 5pm Was at the CNN studios by 6:30pm Nick's game after our TV hit on CNN. 8:30, baby.
[00:21]
B
That is the most New York evening. More happens in one day in New York than in Chittenden county in a year.
[00:27]
A
I didn't even tell you about the after party. But, Jack, three fantastic stories for our. What do we got on the T Boy?
[00:33]
B
Great to have you on the east coast for the next month, Nick.
[00:36]
A
Great to be back, baby.
[00:37]
B
Waymo launched Waymo Premier last week, which is basically Waymo plus for 30 bucks
[00:42]
A
a month, Waymo's going fancy. But we suggest a U turn for our second story.
[00:47]
B
It's the Sagrada Familia. The tallest church in the world is finally done after 144 years of construction.
[00:53]
A
The business takeaway. The architect built blueprints first. Asked questions later.
[00:58]
B
And our third and final story is what we're calling Gov GPT. The idea that Bernie and Donald are aligned on. And Sam and Dario too.
[01:06]
A
Gov GPT. It could solve AI doomerism with three big asterisks.
[01:12]
B
But yetis before we hit that wonderful mix of stories.
[01:14]
A
Like we said, best mix in the biz. Love the mix, Jack.
[01:17]
B
First time in 53 years the new York Knicks are champs. And this Knick happened to be a New York boy.
[01:22]
A
Dropped the K. The city was so loud, Jack. Actually, I can still. I'm having trouble hearing still.
[01:27]
B
And the Knicks won the championship on their 80th birthday.
[01:29]
A
But seriously, I'm actually having trouble hearing today, man.
[01:31]
B
But get this. The New York Knicks name goes back 200 years.
[01:36]
A
And we hope your marketing team can hear this one.
[01:39]
B
Because the New York Knickerbockers, as their full name is, can be traced back to October 26, 1809.
[01:45]
A
The Knickerbockers, first mentioned on page three of the New York Evening Post.
[01:49]
B
It was an article that started like, distressing. A small man with a black coat is missing from his hotel.
[01:54]
A
And then it went on. He left his favorite book at that hotel.
[01:58]
B
The hotel's name, the Columbia.
[01:59]
A
The man's name, Diedrich Knickerbocker.
[02:02]
B
But here's the thing. There was no Columbia Hotel and there
[02:05]
A
was no Diedrich Knickerbocker.
[02:07]
B
So what really happened was.
[02:08]
A
Jack.
[02:09]
B
Well, a not yet famous author named Washington Irving wrote that article to promote
[02:14]
A
his novel, which was about a man from New York named Knickerbocker.
[02:17]
B
So he wrote an article about the protagonist as if the protagonist was real.
[02:21]
A
But soon that fake name, Knickerbocker, became the real nickname for New Yorkers.
[02:26]
B
And a century later, that nickname, the Knickerbockers, was adopted for New York's first basketball team.
[02:32]
A
So, besties, here we are, the New York Knicks. They just made history, but the team
[02:36]
B
really began with some business history.
[02:38]
A
Ah, a marketing stunt 217 years ago.
[02:42]
B
You can make the headlines or you can make up the headlines. The Knicks are kind of doing both.
[02:46]
A
Yeah, they are. Jack, let's hit our three stories.
[02:49]
C
Fifteen years before this song, two boys from the northeast met in the dorm. They had an idea, caused a cultural storm. It's the best one yet. But the best is the norm. Jack. Nick.
[02:59]
B
Nick.
[02:59]
C
That's it. I don't even think they need to practice. 50%. That's a fat tip. T Boy city on your at list. If you know, you know. Cause we read to go. We can't wait no more. So just start the show. Start the show.
[03:18]
A
First, a quick word from our sponsor,
[03:25]
B
Beero premium non alcoholic beer.
[03:27]
A
Alright, yet he's a little behind the scenes here. Before our New York City live show back in April, Jack and I went sober for two weeks. True story.
[03:35]
B
Couldn't risk getting sick. I didn't want to be groggy. I couldn't afford a hangover. It was New York, baby.
[03:40]
A
Okay, but Jack, celebrating the wins is what we do. And so for our live shows, we crack open something special.
[03:46]
B
So we drank beer O the premium non alcoholic beer brand co founded by Tom Holland.
[03:51]
A
Yeah, actually first saw it at my grocery store. Delicious. Tastes like a celebration. Feels fantastic and looks legit. More on the looks in a sec.
[03:58]
B
And if it's good enough for the actor who played Spider man, it's good enough for us.
[04:03]
A
You see, it pairs well with the pickleball game of profitable earnings report or with the best podcast.
[04:09]
B
So yetis, if you want to celebrate the wins with all the taste of a premium lager or ipa, but none of the alcohol, there's no better choice than beer.
[04:16]
A
Okay, pause the pod. Did we mention the can is straight up gold? This thing will stand out at every one of your next parties. Trust us, we've done it.
[04:23]
B
Only beer we know that actually upgrades the scene like a promotion.
[04:27]
A
So Basti's, if there's a win, you're celebrating every day. Bero is the non alcoholic brew brand you Gotta bring.
[04:33]
B
So use code t boy for 20% off your first order at beroebrewing.com monarch
[04:39]
A
yetis one lobster roll. No joke. 50 bucks on Nantucket. And why is that a problem, Jack?
[04:46]
B
Because we're going to Nantucket this summer on a joint family T boy trip.
[04:49]
A
It's a write off. It is expensive, but we will travel with peace of mind because our finances are organized in Monarch despite the lobster rolls.
[04:57]
B
Monarch is the personal finance app that tracks everything. Accounts, investments, savings goals and spending.
[05:02]
A
Get your first year of Monarch Core for half off, just $50 with promo code tboy.
[05:07]
B
Monarch shows visually how much you're spending this month compared to the average month, which is really useful.
[05:11]
A
So, like, honestly, this month been a doozy. Jack booked a lot of travel, but I know the future months won't be as bad after lobster roll season.
[05:18]
B
You know, because Monarch showed you last year you had a spike in May for travel bookings, but a dip in the summer because the travel was already paid for.
[05:25]
A
You can even ask Monarch's AI assistant anything about your finances.
[05:28]
B
Like, what are the key changes in my spending so far this year compared to last year?
[05:32]
A
And how much was spent on lobster rolls last summer?
[05:35]
B
Use code tby@monarch.com to get your first year of Monarch Core at half off. Just $50.
[05:41]
A
That's 50% off your first year at monarch.com with code T for our first story. Waymo just announced their first ever subscription. Jack and I call it Club Waymo.
[05:56]
B
Because the future of this robo taxi is to act like Amex.
[06:00]
A
Quick warning, Yetis. If you're riding in a Waymo right now, watch out for that parrot on the front seat. You see that over there?
[06:05]
B
Yeah, sorry.
[06:05]
A
What's that, Nick? Yeah, sorry. Technically, it's a parakeet. Someone's parrot's gone viral on TikTok, Jack, because they were driving on the wheel of the Robo taxi.
[06:14]
B
That's adorable, but the rest of the Waymo situation right now is not adorable.
[06:18]
A
No, it's not. Because Waymo just got banned by the mayor of New York City.
[06:21]
B
It was back in April, and the mayor said it was to protect drivers. Although every rider we've ever met loves
[06:27]
A
Waymo, I do enjoy my Waymo rides down to the T Boy studios.
[06:30]
B
And since Boston has banned Waymo too, no city is giving Waymo the chance to prove it can drive in the snow.
[06:36]
A
So to improve their pr, Waymo is heading to prime time.
[06:40]
B
They just did their first TV commercial and the opening line comes out swinging.
[06:44]
A
Here it Is Waymo Dr. Is safer than human driver.
[06:49]
B
Basically they said if you're opposed to Waymo, you're pro car accidents. The whole theme was safety.
[06:53]
A
And it's not just the commercials right now, is it, Jack?
[06:57]
B
Waymo just launched their first ever Waymo designed car. Yeah, it's not that Jaguar. It's the Waymo Ojai, which interestingly is made in China.
[07:05]
A
How does it look? Well, kind of like a minivan and a Pixar lamp.
[07:08]
B
Had a baby that was conceived in a computer science lab.
[07:12]
A
The highlight of this self driving car itself, the self shutting doors so Waymo
[07:17]
B
can stop hiring door dashers to close the door that the rider didn't close for them.
[07:20]
A
So besties, pause the pod. Waymo got a lot going on. But the real shocker from Waymo in
[07:25]
B
the last few days, a Waymo subscription. They call it Premier, but we call
[07:29]
A
it Club Waymo because you don't get it unless they invite you.
[07:33]
B
It's 30 bucks a month and it's for hardcore robo routers. And here's what you get. Priority pickups to Skip the line, 10% cash back on each trip, plus a handful of free cancellations per month.
[07:43]
A
Now Jack, I gotta ask, we gotta sprinkle on some financial context. That's three times more than Uber's monthly subscription.
[07:48]
B
So Nick and I did the money math for you to figure out, should I buy it or should I not buy it?
[07:53]
A
The pay or pass question. And if you live in a Waymo city, this is what you are wondering. Jack, why don't you whip out the whiteboard for us?
[07:59]
B
The average price of a Waymo ride,
[08:01]
A
according to Nick is 20 bucks per ride.
[08:03]
B
And since you saved 10% with Waymo Premier after 16 rides a month, your $30 a month Waymo subscription is paid for just in the savings.
[08:12]
A
What we're saying, bestie, is that this subscription pays for itself if you take four or more Waymo rides a week.
[08:17]
B
But there's still value if you hate waiting. Because Waymo Premier gets priority pickup quicker than anyone else.
[08:23]
A
Hailing a ride and waiting is the worst. Which leads to how Waymo Premier is different from Uber.
[08:28]
B
One Waymo Premier is being marketed as a fancy membership community. Again, the name, it's literally called Premier.
[08:35]
A
It's why we're calling it a club.
[08:36]
B
So Waymo is trying to go Gucci and that got us thinking of a takeaway.
[08:40]
A
So Jack, what's the takeaway for our buddies over at Waymo?
[08:43]
B
Waymo should not go fancy because fancy frustrates.
[08:47]
A
Oh, yeah, fancy can frustrate besties, Waymo. They could take inspiration here from the airline and the credit card industries.
[08:53]
B
Both have created upper classes and membership perks that feed consumer fancy lifestyles.
[08:58]
A
Delta's profit puppy is the business class seats. Amex's advantage is the $400 hotel perks.
[09:04]
B
And now Waymo's first subscription is creating an upper class of riders, basically. And only people who get invited by
[09:10]
A
Waymo can join Premier first rule of Club Waymo. No taka about Club Waymo.
[09:16]
B
But we think Waymo should not clubify itself because it would hurt their pr
[09:21]
A
and that's their war. Right now, like New York City, Boston are both opposing Waymo to protect driver jobs. And if Waymo is perceived as a
[09:27]
B
rich man's ride, that perception would also undermine the commercial that they just dropped,
[09:31]
A
which is all about safety, that Waymo wants to connect their brand to. Safety, not fancy.
[09:36]
B
So Waymo should go less Amex Platinum, actually, and more Visa because Visa is
[09:40]
A
accepted everywhere, which is what Waymo needs to be
[09:45]
B
for.
[09:46]
A
Our second story. After 144 years of construction, the world's tallest cathedral finally opened in Spain.
[09:53]
B
It's the Sagrada Familia. And there's a business lesson in this story on how to build things, how to build anything.
[10:00]
A
But Yeti's St. Peter's Basilica over in Rome, it took 120 years to finish.
[10:05]
B
The Notre Dame in Paris, that took 200 years.
[10:08]
A
That huge Gothic church over in Cologne, Germany. 632 years to complete.
[10:14]
B
632 steps to climb to the top. I did it when I was studying abroad.
[10:18]
A
It's a Schwitz. All hundreds of years ago though those churches were finished well before our time.
[10:23]
B
Did you know there's a recent epically long to build church that was just completed last weekend?
[10:29]
A
And that church Jack's talking about is now the tallest church in the entire World at 566ft.
[10:34]
B
The Sagrada Familia in Barcelona, Spain. Besties.
[10:37]
A
You thought your six month patio renovation went on too long?
[10:41]
B
Yeah, The Spaniards started this church in 1882.
[10:45]
A
1882. And they finally finished it last weekend with an opening pitch. I mean, blessing from Pope Leo.
[10:51]
B
And that makes sense that Leo is there. More Americans visit this church than Spaniards do.
[10:55]
A
And this cathedral is unique. Not just in the time it took and the height it reached, but in its style.
[11:00]
B
Because this church looks like a sandcastle.
[11:03]
A
A sandcastle from a Tim Burton movie.
[11:06]
B
Jack, it's the most insane looking building. You've probably wikipediaed this place before.
[11:10]
A
It's got 18 towers, zero right angles and whimsical curves filled with holes like a kaleidoscope in Alice in Wonderland.
[11:17]
B
If you handed Ringo Starr a pen and paper while on lsd, this is what he would have drawn.
[11:23]
A
And it's by the famous architect Antoni Gaudi, who passed away 100 years ago.
[11:29]
B
More on that in a second. But this cathedral. Nick and I are business guys. This is the most profitable product of religion since the donation ball.
[11:37]
A
What we find fascinating is that the product the Catholic Church has been selling is. Is a construction site.
[11:42]
B
Stay with us here, Yetis. For the first century of the construction of this church, the Sagrada Familia was funded by private donations.
[11:48]
A
But then, ahead of the 1992 Olympics in Spain, the church began charging admission
[11:53]
B
to tourists, even though the church wasn't done.
[11:57]
A
So since then, 5 million tourists a year are paying $30 each to visit. Jack, can you do the math for us?
[12:03]
B
That's $150 million in annual ticket revenue.
[12:06]
A
Hussein Messi's tourists have been funding construction of the unfinished attraction that they just came to see.
[12:11]
B
Yeah, they're paying to go visit something that's not even done, and they've been doing it for 30 years. It's like GoFundMe.
[12:17]
A
God. And since these $600 million in construction costs were spread out over 144 years,
[12:25]
B
the $4 million in average annual construction cost for this church is covered today by just 10 days of admissions fees.
[12:32]
A
Now, we know what you're thinking, besties. What about the other cathedrals out there? Well, yes, St. Peter's is the most famous and it gets twice as many visitors. But it's free to visit it' Notre Dame. That's the most visited church, but it relies on private donations from fancy Frenchies.
[12:45]
B
The Hagia Sophia in Istanbul, the Great Mosque in Saudi Arabia, both rely on government funds.
[12:49]
A
Now, the original business model for Gaudi's church, it was to fund it with
[12:54]
B
guilt donations from atoning Catholics.
[12:57]
A
But since guilt is a depreciating asset, they pivoted to tickets before the pain even dried.
[13:02]
B
So the Sagrada Familia pivoted from guilt driven donations to experiential tourism to fund the extremely expensive and time consuming construction,
[13:11]
A
basically from a shrinking revenue stream to a growing one.
[13:14]
B
And the architect never could have predicted this.
[13:16]
A
But that's exactly the point.
[13:18]
B
Because.
[13:18]
A
Jack, what's the takeaway for our buddies who are? Anyone running a business designed for the
[13:24]
B
what, not the how, Yetis?
[13:27]
A
This architect, Gaudi, his designs are just crazy. Like we can't even express it on a podcast. But entrepreneurs, you can learn from this artist.
[13:36]
B
He didn't care that he'd never see the completion of this church. In fact, he said, my client isn't
[13:41]
A
in a hurry because his client was God. But the key here is that he designed the building even though it wasn't physically possible to build yet.
[13:48]
B
He left the challenge for how to build the tallest towers of this church for someone in the future to figure out.
[13:54]
A
Basically, let's get started on the foundation. We'll figure out the top in 100 years.
[13:58]
B
And he passed away when only 25% of the church was completed.
[14:01]
A
For example, the 12 ton cross for the top that Gaudi designed back in 1882, that was impossible to build back then.
[14:08]
B
But by 2026, engineers figured it out. They said we can build a tower that tall that can hold 12 tons at the top.
[14:14]
A
So the way Jack and I see it, the business takeaway is to not worry about how to build something before you launch it.
[14:19]
B
Your role as a creator is to craft the perfect product first and figure out how to build or scale it later.
[14:25]
A
You see, if Gowdy had worried how to construct the world's tallest church, he would have never had a blueprint in the first place.
[14:31]
B
It's a lesson in business and creativity. Design the what, not the how.
[14:37]
A
Grab your pens and Jack and I will see you after the break. Now a quick word from our sponsor.
[14:45]
B
Netsuite by Oracle yeti.
[14:47]
A
Soon a $1 billion company will be founded and have just one human employee.
[14:52]
B
Because that company will be built from day one with AI.
[14:55]
A
So to stay competitive with AI native companies, your company needs NetSuite by Oracle.
[14:59]
B
NetSuite is the number one AI cloud ERP trusted by over 43,000 businesses.
[15:04]
A
It's a unified software SU that brings your financials, commerce, HR and CRM into one single source of truth.
[15:09]
B
From software and IT services to healthcare equipment manufacturing, financial services and many other great American industries, NetSuite delivers a customized solution for your business.
[15:19]
A
Basses ain't just another bolted on tool. It is AI built into the system that runs your business.
[15:23]
B
It'll automate processes, deliver insights and keep you ahead of the competition.
[15:27]
A
Especially if that competition is one dude and a whole army of bots. AI bots.
[15:31]
B
If your revenues are at least in seven figures. Get your free business guide demystifying AI@netsuite.com TV.
[15:38]
A
The guy is free for you to
[15:39]
B
use at netsuite.com tboy netsuite.com tboy Top
[15:44]
A
hats, baseball hats, Von Dutch hats. We wear so many hats on this podcast.
[15:47]
B
Honestly, we're not great at all of them. No, we've been avoiding hiring someone to wear those hats instead of us, especially the Von Dutch one, because hiring and training can take forever.
[15:55]
A
Well, Brad, to say that we are hiring right now AT T boy. And this is a job for Indeed sponsored jobs.
[16:01]
B
Because sponsored jobs posted directly on indeed are 95% more likely to report a hire than non sponsored jobs.
[16:08]
A
So besties spend less time searching and more time actually interviewing candidates who check all your boxes. Less stress, less time, more results when
[16:14]
B
you need the right person to cut through the chaos. This is a job for Indeed sponsored jobs.
[16:18]
A
And listeners of the show will get a $75 sponsored job credit to help get your job the premium status it deserves@ Indeed.com podcast.
[16:26]
B
So just go to Indeed.com podcast right now and support our show by saying you heard about Indeed on this podcast.
[16:33]
A
That's indeed.com podc. Terms and conditions apply. Need a hiring hero? This is a job for Indeed sponsored jobs. For our third and final story, the big idea in both Washington and Silicon Valley, a US Sovereign wealth fund to own the AI companies.
[16:53]
B
We call it Gov GPT. Here's the shocking coalition of opposites aligned on this same idea.
[16:59]
A
Okay, you're just not gonna believe this. Besties. Two weeks ago, we saw two headlines that would make you sit down, stand up and spit out whatever you're reading right there. J.
[17:07]
B
Senator Bernie Sanders introduced the American AI Sovereign Wealth Fund act to create a
[17:12]
A
sovereign wealth fund that collects a one time 50% tax on all the AI hyperscalers.
[17:17]
B
But the 50% tax would be paid not in cash, but in newly issued stock. Yeah, ipso facto, the government would own 50% of the AI companies.
[17:26]
A
Those mango stocks we mentioned the other day, the government would own half of them is the idea.
[17:30]
B
But here's the plot twist. When asked about Bernie's idea, President Donald Trump kind of agreed.
[17:36]
A
I'm sorry, checking the watch here. Opposite day, opposite hour. What's going on, Jack?
[17:39]
B
Now, Trump says he wants to buy AI stock voluntarily, like he did with intel, not through a mandatory tax like Bernie.
[17:46]
A
But it's the same basic idea.
[17:49]
B
Now, both of these two men are economic populists. One's on the far right, one's on the far left. They're kind of meeting on the other side of the world, if you know
[17:55]
A
what I mean, Jack. This is kind of like when Kylie Jenner and Taylor Swift were hugging at the end of that Last Knicks game. You see that?
[18:01]
B
Yeah. Worlds are colliding. Bernie and Donald both want a sovereign wealth fund to buy AI companies.
[18:07]
A
A Kardashian and a Swiftie.
[18:09]
B
But here's what might surprise you even more. The leaders of the AI industry seem to agree, at least in part.
[18:16]
A
Yeah, we covered it on the pod in April, back when OpenAI published their industrial Policy for the Intelligent Age paper.
[18:23]
B
One of Sam Altman's recommendations was, and I quote, create a public wealth fund that provides every citizen a stake in AI driven economic growth.
[18:30]
A
I'm sorry, Jack, pause the pod. Back in October, didn't Anthropompy Dario Omade proposed the same thing?
[18:36]
B
Yes, he did. And I quote, dario said, create a national sovereign wealth fund with stakes in AI.
[18:42]
A
I mean, Norway has its own sovereign fund from all its oil. Saudi Arabia has one for all their oil. Pretty sure Canada has one from all those maple syrup reserves, Jack.
[18:50]
B
Why not the United States having one for our AI industry?
[18:53]
A
It's our resource. Even Elon Musk thinks that we should.
[18:58]
B
No, just kidding. There's no chance in hell Elon would ever give away half his syrup SpaceX stock to the government.
[19:03]
A
And there's no chance on Mars either. But that's the key, actually, because how much of each AI company would a proposed US wealth fund actually own?
[19:12]
B
Jack, like we said, Bernie wants 50%. He compares AI to nuclear, which the government owns 100% of.
[19:19]
A
Of course, the AI companies, they want you to own much less than 50% of them.
[19:23]
B
Second, big question not yet answered. What companies exactly would get taxed. Bernie didn't clarify what qualifies as an AI company.
[19:29]
A
It wasn't specified. But taking a 50% tax on Google or sex just because they have AI divisions, yeah, that's not gonna happen. Yeah, over Bezos dead body, as they say.
[19:39]
B
But add it all up. Donald Trump, Bernie Sanders, Sam Altman, Dario Amade and Taylor Swift.
[19:45]
A
And Kylie Jenner.
[19:46]
B
But did they just hug it out on, like, one of the most important economic policies of our age?
[19:52]
A
You're right. I meant Kendall Jenner. And I think they did, Jack. So, Jack, what's the takeaway for our buddies over in AI?
[19:58]
B
GovgPT is the solution to AI doomerism, but with three asterisks.
[20:05]
A
Three asterisks. Yetis. This could solve AI's equity problem. All Americans become AI owners.
[20:11]
B
And it could solve AI's safety problem. With the government at the board table, there'd be more of a focus on safety, not just on speed.
[20:18]
A
But Jack and I have noticed there are at least three big asterisks to a US AI wealth fund.
[20:23]
B
First, as we mentioned before, how do you define an AI company? Remember that SpaceX and Google example we gave about?
[20:29]
A
Second, these AI hyperscalers are losing money, not making money. So like, what's the value of actually owning them?
[20:34]
B
And third, with government at the table, it could slow innovation, it could get bureaucratic, and we could lose the AI race to China besties.
[20:40]
A
The AI companies have said for years now we need to be regulated. We want to share the benefits of AI with society.
[20:47]
B
A US sovereign wealth fund for AI is the idea that everyone across the political spectrum and in business seems to be agreeing on.
[20:55]
A
Call it Gov GPT. It's the solution to AI doomerism, but with three big asterisks. Jack, could you whip up the takeaways for us to kick off the week?
[21:06]
B
Waymo Premier is a $30 a month invite only upper class of robo riding. Yeah, call it Club Waymo.
[21:12]
A
Club Waymo. But we think they shouldn't given their whole PR sitch. Cause fancy, eh? That can frustrate.
[21:17]
B
The Sagrada Familia was blessed with fireworks and a visit from Pope Leo because
[21:21]
A
144 years ago, the architect didn't let the how get in the way of. Of the what.
[21:26]
B
And finally, Bernie, Donald, Sam and Dario all agree that government ownership of the AI giants is the solution.
[21:32]
A
But the plan has three asterisks that we still. We still gotta figure those out.
[21:37]
B
But besties, this pod's not over yet. Here's what else you need to know today.
[21:41]
A
First, the SpaceX IPO. It happened. Elon is officially the world's first trillionaire. Things went smoothly on NASDAQ on Friday.
[21:49]
B
The stock rose 19%. But the most interesting part of IPO day was something the president of SpaceX said.
[21:55]
A
That's right. She said that Elon could emerge SpaceX get this with Tesla as their next big thing.
[22:00]
B
She said, and I quote, it certainly would make things easier for Elon.
[22:03]
A
Let us know if you want us to cover it as a story. And second, Sleep Number mattress, they sadly just filed for bankruptcy.
[22:09]
B
Travis Kelce became strategic partner and investor in Sleep Number just back in January,
[22:15]
A
less than six months ago we covered it after signing the football player Sleep Number. Though they've now signed the big B.
[22:20]
B
They're selling to a Canadian company that so this company will wake up from bankruptcy soon.
[22:25]
A
And finally some good news for our buddy Travis. Taylor Swift was at Madison Square Garden for a Knicks game last week. But it's because she may be getting married there.
[22:35]
B
That's the rumor. Reports indicate that her wedding with Travis will take place over July 4th weekend in New York City.
[22:42]
A
And why not msg 18,000 seat capacity. I mean, it's a lot of hors d', oeuvres, it's a lot of crudite. But Jack, they could figure it out.
[22:48]
B
It would be her most on brand move yet because she'd let as many swifties as possible witness her nuptials.
[22:54]
A
Although of those 18,000 seats, Travis only gets 53 invites. From what I understand, Jack. Now time for the best fact yet, which because we're kicking off your week is T boy trivia. What do we got, Jack?
[23:05]
B
Why do we Americans call football soccer?
[23:07]
A
What's the origin of the word soccer?
[23:09]
B
And are we the only country that doesn't call it football?
[23:12]
A
Drop your guesses in the comments and Jack and I will reveal the soccer origin in tomorrow's pod. Yetis, you look fantastic to kick off the week. Jack, you're glowing over there.
[23:21]
B
I love the shirt. Yetis, if you have the best fact yet, we got a link in the episode description that gives you a Google form. Send yours in. Send us your audio fact too.
[23:28]
A
And by the way, Jack, incredible job on cnn. Like what? What a hit. We were there for the SpaceX IPO. Jack was crushing it with that opening line.
[23:37]
B
I felt naked without you. But then you went to CNN the next day.
[23:41]
A
What a combination. Cnn. Thanks for having us. And Yeti's Jack and I, we'll see you manana. Before we go, a happy birthday to legendary Yeti McKenthia Ebron who just had a birthday and a pay raise down Texas.
[23:57]
B
Happy birthday to nia Munier turning 10 years old in San Jose. She's been a Yeti since she was 6 years old. Thank you, Nia.
[24:04]
A
And Lucas Jacobson's on the way to school with his brothers turning 10 down in Tennessee.
[24:08]
B
Happy birthday to Jada Tuohy just outside Boston.
[24:10]
A
And Yvonne Valencia moved all the way from Columbia for her dream job in Stamford, Connecticut and is celebrating a birthday.
[24:17]
B
And happy 44th birthday to Todd Cockrell in San Diego, recently single ready to mingle.
[24:23]
A
And Ben Robin just got an epic new remote job as a paraplanner and tank. Congratulations, man.
[24:28]
B
Congratulations to Colleen Kincaid in Litchfield, Connecticut, who just got her best job yet and brought up T boy in the interview process.
[24:35]
A
Thanks for whipping up the takeaways. And a congratulations on the one year opening anniversary to Coco's Local market in Doylestown, Pennsylvania. Skylar Fry. He made it happen.
[24:44]
B
And finally, congratulations to Mark Paris. Their startup Rabbit just raised 300k. Not too shabby.
[24:52]
A
Had to get it in.
[24:56]
B
This is Jack. I own one share of SpaceX. That's how much Robinhood gave me the IPO allocation.
[25:01]
A
I got zero. And now.
[25:02]
B
This is Nick and Jack. We both own stock at Robinhood.
[25:05]
A
This episode is brought to you by Bill, the intelligent finance platform that helps businesses scale with proven results.
[25:10]
B
Yet he's paying and getting paid. That is a pain for small and medium sized businesses.
[25:16]
A
Jack, did you send the invoice? Did they see the invoice? Did you remember to remind them to see to pay to remember to pay the invoice?
[25:21]
B
If you drop the ball in any one of those steps, you don't get paid.
[25:24]
A
Nope.
[25:25]
B
And you're missing out on cash flow. You should not have to chase your customers. This isn't Tag.
[25:30]
A
So powered by AI. Bill does all that simply and automated so that you don't have to ach
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B
credit card check international wire transfers. They probably do carrier pigeon bill pay if that's how you want to get paid.
[25:41]
A
Bill is the intelligent finance platform trusted by nearly half a million businesses and 98 of the top 100 U.S. accounting firms to manage, move and maximize your money.
[25:49]
B
They have securely processed over a trillion dollars in real transactions. That is proven infrastructure you can actually trust.
[25:55]
A
So besties talk to an expert@bill.com proven and get $150 gift card as a thank you. That's bill.com proven terms and conditions apply.
[26:04]
B
See offer page for details.