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November 19, 2025 29 mins

In this edition of Planes, Trends, & Automobiles, Jack and Miles discuss MBS @ the White House, the Epstein bill flies through the House & Senate,  the very fake AI Buckingham Palace X-mas market, the stock market (and the AI bubble) bracing for Nvidia's earnings report and much more!

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hello the Internet, and welcome to this episode of Planes,
Trends and Automobiles. I think that was courtesy of Anadium Silver.
Let me let me get confirmation on that. But that's
a reference to the season we're about to hit, Planes,
Trains and Automobile season.

Speaker 2 (00:15):
When's last time you watched Planes, Trains and Anmobiles?

Speaker 1 (00:17):
Never seen it, Miles, No, I never seen it years.

Speaker 2 (00:22):
No, dude, I was in high school last time I
watched it.

Speaker 1 (00:24):
Yeah, it's a funny though. It's funny, that's what I hear,
and I don't like to laugh. It makes me feel
like an idiot. And I hate John Candy. That guy's
it's just so full of himself, you know.

Speaker 2 (00:38):
Yeah, Yeah, what a guy. What an asshole? That guy?

Speaker 1 (00:41):
Huh shout out to anybody who's traveling for Thanksgiving. I
will not be doing that, and I'm very happy. Yeah
to report. All right, my name is Jack O'Brien. That
over there is Miles Gray. These are the stories that
are trending on this Wednesday, November nineteenth. Yeah, Donald Trump
continues to just be impressive, unbothered, just a steady hand

(01:05):
at the wheel. Nah, he got he got real, real
snippy again at the press.

Speaker 3 (01:11):
Yeah, look, it's hard when you've got again his own
omni crisis that he's dealing with, which we'll get to.

Speaker 1 (01:18):
But yeah, he had to do with all this money
he's bringing him from the tariff.

Speaker 3 (01:22):
I know, dude, I guess I'll just give all of
it away, plus I'll have to throw in more of
it to give you these checks because it doesn't cover
the two thousand dollars checks, which again Congress still has.

Speaker 2 (01:32):
To legislate that.

Speaker 3 (01:33):
Yeah, so you can say that, but there's many steps
to occur before we get there. Yeah, but he basically, man,
he had the fame, not even infamous famous duffel Bag
disappear Crown Prince Mohammed Ben Solomon aka duffel Bag Boy
at the White House yesterday and the Oval Office presser

(01:54):
was tense because shout out to ABC News reporter Mary
Bruce for pulling up from the fucking logo very opening
question to Mohammed Ben Salmon and Donald Trump, which normally
you're like, oh, yeah, this is good journalism, but because
we live in such a fucked up backwards like and
have such a chill on journalistic integrity, you're almost like,

(02:17):
oh my god, oh my God, is she able to say?

Speaker 2 (02:18):
Is she able to ask that?

Speaker 1 (02:20):
And she's asking it to a guy who dismembered somebody
for being a reporter American journalist, an American journalist.

Speaker 3 (02:28):
Anyway, So here's here's Mary Bruce saying, oh, where's the
logo at Okay, Steph Curry, step back.

Speaker 4 (02:35):
F's inappropriate, mister president for your family to be doing
business in Saudi Arabia while you're president?

Speaker 1 (02:40):
Is that a conflict of interest? And your Royal highnus?

Speaker 4 (02:43):
The US intelligence concluded that you orchestrated the brutal murder
of a journalist. Not a lot of families are furious
that you are here in the overlais.

Speaker 5 (02:51):
Watched American.

Speaker 1 (02:57):
Just all of them just had it ready to get
everything Trump and your Royal Highness.

Speaker 2 (03:02):
Yeah, oh mich it was is great. It's like Trump,
you're doing function in Saudi Arabia?

Speaker 1 (03:06):
Is that?

Speaker 2 (03:07):
Is that on the Is that on the level? Dude?

Speaker 1 (03:09):
To go also and your Royal Highness pivot.

Speaker 3 (03:15):
American intelligence and the Turkeys government have credibly concluded that
you were behind this and he was murdered. So then again,
because Trump is on one, he is suddenly like I
got this, I got.

Speaker 1 (03:27):
This, No, no, no, no, I got it.

Speaker 2 (03:30):
Who you with who you would with like this is chances? Okay?

Speaker 6 (03:34):
And the who you with with who fakeness abst one
of the worst of the business.

Speaker 5 (03:42):
But I'll ask you a question. I have nothing to
do with the family business.

Speaker 6 (03:46):
I have left and when I I've devoted one hundred
percent of my energy. What my family does is fine.
They do business all over. They've done very little with
Saudi Arabia.

Speaker 5 (03:55):
Actually they could.

Speaker 6 (03:56):
I'm sure they could do a lot, and anything they've
done has been very good. That that's what we've done.
We've built a tremendous business. For a long time. I've
been very successful. I decided to leave that success pee
behind and make America very successful.

Speaker 2 (04:09):
Get to the hand.

Speaker 6 (04:09):
I made America more successful by far.

Speaker 5 (04:11):
Than it ever was, and then it ever could have been.

Speaker 6 (04:15):
No matter who was president, there would be nobody bringing
in twenty one trillion dollars that I can tell you
right now.

Speaker 1 (04:20):
That number that And also you're not the economy is tanking,
But okay.

Speaker 3 (04:25):
We're propping up on the AI spending of like about
ten companies right now.

Speaker 1 (04:29):
Spending money back and forth with each other. But okay, Okay,
killing it, Sir, killing it, Sir.

Speaker 5 (04:34):
As far as this gentleman is concerned.

Speaker 7 (04:37):
This gentleman talk about are we talking about Hamed bin
Salmon or Jamal Hashokchi. I think he's going to be
talking about Jamal Hashoji because what he's about to say
now is fucking wild.

Speaker 5 (04:47):
Why he's done a phenomenal job.

Speaker 6 (04:49):
You're mentioning somebody that was extremely controversial. A lot of
people didn't like that gentleman that you're talking about, whether
you like him or didn't like him.

Speaker 5 (04:58):
Things happened, but he nothing happen. You can leave it
at that. You don't have to embarrass our guests by
asking a question like.

Speaker 3 (05:06):
I like how Muhammed He's like, yo, Yo, Okay, bro,
I can't let you just say some mob ship like that, like.

Speaker 2 (05:11):
Shit, yo, what I mean? What you're gonna do? My man?

Speaker 5 (05:14):
Yo?

Speaker 2 (05:14):
He crossed my man's I mean, shit happens, bro.

Speaker 1 (05:18):
Right and things happen is a crazy response, even crazy
direction to take.

Speaker 3 (05:23):
That allow me to respond, I have a little bit
more of an elegant way of completely lying about this
whole situation. If you look at the whole time he's
talking about this Mohammed Ben Salmont is checking his cuticles.

Speaker 1 (05:36):
Yeah, that's what you do when you're an evil person.
When somebody is like answering a question for you about
you dismembered him, put into a double bag.

Speaker 3 (05:44):
I guess I'm gonna have to dismember and put in
a duffel bag my uh cuticles right, my man, Okay,
they're about to disappear. I mean, like, are we a
vasshole state yet?

Speaker 1 (05:56):
Truly?

Speaker 3 (05:57):
You know, when you have the president being like, I'm
gonna go, well, allow me to tackle this question about
the murder of a journalist, American journalist.

Speaker 1 (06:04):
A lot of people didn't like him, and things happen
is a wild uh wild thing to come out with.
If you were just you were honestly just being like,
he had nothing to do with that. That was like horrible,
But he had nothing to do with that, That's fine.
But to be like, first of all, he had nothing
to do with it. Second of all, nobody liked him.
Nobody liked him, and things happen is fucking things.

Speaker 3 (06:28):
What things happen is like I'll say, if a piano
falls on your head while you're walking down the sideway.

Speaker 1 (06:34):
Yeah, but if the piano falls on your head and
then somebody who doesn't like you says things happen. You're like,
well you did that? You orchestrated that piano fall on
my head?

Speaker 2 (06:44):
Oh yeah, was I the guy who cut the wire
that dropped the piano?

Speaker 5 (06:47):
That guy?

Speaker 1 (06:47):
Yeah, but things happened. You know what's happened? A lot
of people didn't like you. Okay, yes, yes, yes, by God, yes,
thank you. Brian the eder said yes to answer question,
was we are a vassal stadia?

Speaker 2 (06:57):
Yeah? I meant that was rhetorical. See the president of
the United States.

Speaker 1 (07:01):
Are we a bath ass whole state?

Speaker 2 (07:04):
That's then are we? Are we the baddies? Is the new?

Speaker 1 (07:07):
Are we the.

Speaker 2 (07:09):
Yeah?

Speaker 1 (07:09):
I feel like we might be the baddies? When the
president is saying a lot of people didn't like him
and things happen. About a journalist who was dismembered by
the person sitting next to him for asking the wrong questions. Yeah,
you know, yeah, and while that person checks their cuticles.
That's just a moment in time.

Speaker 3 (07:31):
That's the same body language of like, uh, I don't know.

Speaker 2 (07:35):
If you do.

Speaker 3 (07:35):
No, dudes, like there's cert new people like this, Like
my cousin would date a lot of women who would
end up starting fights that he would have to fight
on her behalf because she's yeah, and.

Speaker 1 (07:43):
Then they stand back looking and then they stand back.

Speaker 2 (07:44):
And looking at their nails, and she's like can you
handle this?

Speaker 3 (07:47):
And he's like, I got my past kicked last time
you turned up at a night club.

Speaker 1 (07:51):
Did you know?

Speaker 2 (07:52):
Just like, yeah, yeah, I guess what he about to
fuck y'all up? All right, Muhammad Ben Saltman.

Speaker 1 (07:59):
Go ahead, by the way, Muhamma Ben Solomon's voice I
only heard a very brief but he sounds like a muppet,
which I don't know if he's gonna dismember me for
saying that. But again, just one of those things where
like the voice doesn't match what.

Speaker 3 (08:11):
I invite if you're invited to a console Saudi consulate
in Turkey.

Speaker 1 (08:15):
Yeah, okay, just one one thing, mister president.

Speaker 3 (08:19):
Luckily the Washington Post found their fucking spine momentarily whoa
and put out an oat where they're like, that was
absolutely diabolical what happened, because I think they're like, we
gotta stick up for the fucking guy who worked for us.

Speaker 1 (08:35):
Yeah, our employee who got dismembered by this guy. And
the guy next to him said things happen and nobody
liked that bitch. We liked him, dude.

Speaker 3 (08:44):
I mean, I don't even asking about it. Honestly, I
don't blame him. I don't blame the Crown Prince. Well,
don't hold on, you're reinforcing the facts here.

Speaker 1 (08:53):
But frankly, that's embarrassing. You made it. You made it embarrassing,
and that's the biggest crime is to embarrass the Crown Prince. Meanwhile,
speaking of embarrassing Miles, the Epstein bill, you know, the
bill to release the Epstein files fucking sailed through both
houses of Congress. It was the Epstein files will be

(09:19):
released in whatever capacity the White House wants them to
be released. But it is on the White House. Now
it is up to Donald Trump to either be like nope,
in which case he looks guilty as fuck, or yep, okay,
here you go. And then like the only parts of
the document that aren't blacked out are like ransom note
of letters that spell out Bill Clinton.

Speaker 2 (09:40):
Yeah, you know, like it's the first letter of the
third paragraph. Random l Now.

Speaker 1 (09:46):
That not that I don't fully expect Bill Clinton to
be all over those ships, but.

Speaker 2 (09:50):
But we know that that's those are the optics.

Speaker 3 (09:53):
They want to make this firmly a thing that no
conservative has anything to do with, or any wealthy donor
has anything to do with.

Speaker 2 (09:59):
So past the house.

Speaker 3 (10:00):
This is when we were recording yesterday, Mike Johnson went
to the lecter and did a lot of hand ringing
to basically be like, I mean, of course we we
we we support transparency. And he wanted to also say
this thing he kept reinforcing. He's like, there's a lot
wrong with it too. And I spoke with Leader Thun
in the Senate that you know, Republicans have work to

(10:22):
do on this bill, meaning that I think Mike Johnson
was like, I fuck, let me get the heat off
me in the house. Yeah, boys in the Senate can
be like, well we need to amend this a little
bit and start doing this back and forth forever amendments
like stall tactic.

Speaker 1 (10:36):
Asked to ask back and forth forever.

Speaker 2 (10:37):
There it is.

Speaker 1 (10:38):
I don't know if you know that movie.

Speaker 3 (10:40):
Yeah, I mean, hey, Aroonofsky, maybe Darren Aronofsky could write
a movie about this. This is this is Speaker Johnson
right after it passed. Just to give you an idea
how he was viewing how the rest of the day
was going to go.

Speaker 8 (10:52):
I call my counter burtn a Senate leader Thoon, and
I talked to him through this with him and shared
our deep concerns, and of course they share those concerns
as well. And so I'm very confident that when this
moves forward in the process, if and when it is
processed in the Senate, which is no certainty that that
will be, that they will take the time methodically to
do what we have not been allowed to do in

(11:12):
the House, to amend this discharge petition and to make
sure that these protections are there.

Speaker 3 (11:19):
He goes on to be like, I don't want to
create a new category of victims here with people who
are merely just named in the files.

Speaker 2 (11:26):
He kept talking about new.

Speaker 1 (11:27):
Really, those are the real victims that we need to be,
real victims.

Speaker 3 (11:29):
The people who were interacting with Jeffrey Epstein consciously and
knew about sure, uh huhh.

Speaker 1 (11:34):
So won't you think of them? What did they think
of the millionaire and billionaires who were in those emails?

Speaker 2 (11:40):
Right right?

Speaker 3 (11:41):
Exactly? He he you know, clearly he was thinking. He's like,
if the Senate takes it up, cut to it gets
to the Senate. They fucking passed this with unanimous consent.

Speaker 1 (11:52):
They passed that ship by the time he was done
that sentence, Well, it was.

Speaker 2 (11:56):
Like a three man weve.

Speaker 3 (11:58):
They didn't even put the ball on the floor, just
passed right fucking back at you, bro.

Speaker 2 (12:04):
And so the Senate passes it.

Speaker 3 (12:07):
Then they caught Mike Johnson in the halls right after,
and he didn't He's a lot of people are like,
he's so shook. I don't know how shook he is,
but he clearly it looks like he's like, this was
not the plan. So this is Mike Johnson after the
Senate passes it and being asked, Yo, how are you
feeling about that it's done?

Speaker 6 (12:25):
Baby?

Speaker 1 (12:26):
Now what any reaction to we refooned?

Speaker 3 (12:29):
Are you seeing the bill without adding amendments or changing it?

Speaker 8 (12:32):
I am. I am deeply disappointed in this outcome. I
think I'm told I've been at the state dinner.

Speaker 2 (12:39):
I don't know.

Speaker 8 (12:40):
I was just told that Chuck Schumer rushed it to
the floor and put it out there preemptively. Not true,
it needed amendments. I just spoke to President about that.

Speaker 1 (12:47):
We'll see what happened. So is he do you think
he may beat on it. You say you spoke. I'm
not saying that is he's supportive of it in its
current form.

Speaker 8 (12:55):
We both have concerned about it.

Speaker 1 (12:57):
So U that's sure, guy, isn't it? You guys are
a Republican. That's you're supposed to be a team. What's
you know? You know how the media loves to do
a Dems in disarray. To the media's credit, the Democrats
are often in disarray and don't know what the fuck
they're doing. But like the Republicans, many they don't seem
to have their shit together. And Miles, you lay out

(13:19):
here an interesting potential eventuality here because like, yeah, Trump,
can you know, redact everything, you know, be picky and
choosy in terms of what he's going to release, But
that he's not out of the woods.

Speaker 3 (13:34):
Then no, I think I think a lot of people,
myself included, are like, all right, they're just gonna fucking
just They're gonna give you black sheets of construction paper
until you write scene files.

Speaker 2 (13:44):
Uh.

Speaker 3 (13:45):
But after like reading more and hearing from like you know,
like lawyers who have been actually talking about like what
is possible in terms of like the powers of Congress,
there's a few things that can happen, right, So obviously
he can veto it. You can get blacked out documents
and claim total transparency. Although it is important to note
that the bill that was just passed by both chambers

(14:05):
does have language about how slick they can get with redactions.

Speaker 2 (14:10):
Okay, now, that's why.

Speaker 3 (14:12):
That's one of the things I think Mike Johnson really
wanted to amend was like the ability to like what
can be redacted, because as the legislation in its in
its current state says that it would allow the quote
would allow Justice Department to redact information about Epstein's victims
or continuing federal investigations, but not information due to quote embarrassment,

(14:34):
reputational harm, or political sensitivity.

Speaker 2 (14:37):
So I'm sure they'll.

Speaker 3 (14:38):
Probably try and claim the first part, which like, well,
this zogoing investigation because we heard that he's like we
need to look into the Clintons of it all, and
they can maybe probably claim that. But another possibility is
like if it is a you know, they are trying
to a cover up or something, or people are told
in the DJ to like delete shit or get rid
of it, or don't you know, submit that to Congress,

(14:59):
there's a lot, a lot of people that will potentially
have their hands on that effort, because at this point
they have thirty days. The Department of Justice will have
thirty days from when Trump signs the bill to hand
the shit over. So and a lot of people have
said that even though the shit in the documents that
Congress gets may be redacted, there are still plenty of
lawyers prosecutors who worked on the cases that could raise

(15:22):
their hand and say, excuse me, Congress, there's a lot
of shit missing from these files that they have released.

Speaker 2 (15:29):
Then that person could get subpoenaed and they say, well.

Speaker 1 (15:32):
Come on up and tell us, let's talk about it.
Let's talk about what you saw.

Speaker 2 (15:36):
Let's talk about it bit bit.

Speaker 1 (15:37):
Did the president know him? When did he know it?

Speaker 3 (15:39):
That's you know see, And that's where you're like, this
is not like they haven't really shut the gates at
every for every possible eventuality. And I think the other
thing that's really interesting is like, what was exactly the
play here, because suddenly right they were like, everybody's on board,
let's get this thing through. I think the easy idea
or easy conclusion to draw is they're just going to
redact everything that's how they're going to get through it.

(16:01):
But it feels like the way Mike Johnson was talking
and his reaction to the to Thune in the Senate
just pushing it through, was that they were maybe going
to stall this by to get back and forth, and
that was the way to maybe like exhaust the public's curiosity.

Speaker 1 (16:16):
And there's a lot of work to be done on this.
I'm sorry, what, oh, mister speaker Johnson, they've actually already
passed through. No, no, I just I literally just handed
it to them.

Speaker 3 (16:28):
What do you mean told some wealthy pedals, I'm sorry,
donors that their evil secrets would be kept secret.

Speaker 2 (16:36):
I'm fucking cooked in this situation. So I.

Speaker 1 (16:42):
But I mean, I think one of the big reasons
that people suspect this is going so fast as one,
people have lost faith in Trump's ability to like win
them elections in the Republican Party. And two, this is
the most like bipartisan popular legislation like ever. Everyone's just

(17:03):
like yep, yeah, no, it's like eighty percent of us
we just want to see.

Speaker 2 (17:06):
One guy in the house.

Speaker 1 (17:08):
Yeah yeah, damn. Imagine deciding to be that guy.

Speaker 2 (17:12):
Bro.

Speaker 3 (17:12):
Yeah, I hope it all comes out and that his
whole family has to change their last name because.

Speaker 1 (17:16):
They're like no, geez, all right, let's take a quick break.
We'll be right back, and we're back. I've got some
travel plans coming up, and I feel like this story
is gonna gonna fuck me a little bit where you okay,

(17:39):
some myles. You know I'm a royal watcher. I know
I love nothing more than Prince Charles.

Speaker 2 (17:44):
And the Kansas City Royals.

Speaker 3 (17:46):
I remember die tattoo on your back next to Brett
holding hands.

Speaker 1 (17:52):
I saw these amazing stories about what looked to be
the most delightful and charming a little Christmas market over
in the UK. Christmas markets are like definitely a thing
that happens over there. I've been told from you love
actually and they they should want it's fucking literally fuckingham Palace.

(18:18):
Yeah literally, mate, palace.

Speaker 3 (18:22):
The palace is four courts which they just set up
a big market there, fucking lights that defy all known
laws of physics.

Speaker 1 (18:31):
And being held up by a helicopter. Based on what
I can see in this picture, angel Angel.

Speaker 3 (18:37):
By Princess, the Angel of Princess Diana herself is holding.

Speaker 1 (18:40):
Up I thought about it a little more I would
have noticed that there's a tree that would make it
impossible for you to actually go shopping because it takes
up the entirety of what one of the main row,
and people seem to be just like emerging from the tree.
But I bought those tickets.

Speaker 2 (18:59):
You bought tickets. Everything I saw for that was that
it was a free event.

Speaker 1 (19:03):
It's no I bought tickets to fly to London to
get in on that sweet little Christmas market. I was
going to open a booth of my own.

Speaker 2 (19:11):
Jack.

Speaker 3 (19:11):
This is going to be humiliating since we're always talking
about being on the lookout for AI slop.

Speaker 1 (19:16):
And some cool tea, some cool AI slap t shirts
about that Prince Charles's sexy sausage fingers.

Speaker 2 (19:22):
And those things are swollen, baby.

Speaker 1 (19:25):
I mean, I should have remembered that fingers were not
a strong suit of AI because the it's it's pretty
fucked up looking.

Speaker 2 (19:34):
Yes.

Speaker 3 (19:35):
So the long is there was a fake Buckingham Palace
Christmas market thing happening with AI Slop that a lot
of people bought into, to the point that people fucking
showed up at the gates and were like, what where
the fuck's the Christmas Market? And the palace cars, Like,

(19:55):
what in the fuck are you talking about?

Speaker 1 (19:58):
You can't just come in too, it's not this is
Buckingham Palace.

Speaker 3 (20:04):
Yeah, you don't just pull up because you're gonna buy
a fucking laboobu Christmas tree topper here.

Speaker 2 (20:09):
Okay, that's not what we're fucking selling. So it's just
it caused this whole thing.

Speaker 3 (20:13):
They're disappointed royal watchers, royalists who are like, oh.

Speaker 2 (20:17):
What are we gonna do? It's an empty lot.

Speaker 3 (20:19):
And then again, surprise, motherfucker, it's Ai.

Speaker 1 (20:23):
Surprise, motherfucker.

Speaker 3 (20:25):
Surprise, motherfucker it's Ai. And you just got doped by Dokes.
So simp this has been apparently this is it makes sense.
This is like a trend with AI slop is convincing
people about like tourist attractions.

Speaker 2 (20:40):
That don't fucking exist.

Speaker 3 (20:42):
Ye. Another thing, there's a piece in The Guardian talking
about how in Malaysia there were some people who thought
they could ride a cable car that didn't exist because
they saw completely AI generated news report about this cable
card and they're like, we're here for the cable card
and they're like what what, No, go away, there's no
fucking cable car here and in the Netherlands, Like the

(21:04):
official tourism website of the Netherlands is.

Speaker 2 (21:07):
Like, oh, guys, we've got a problem.

Speaker 3 (21:10):
A ton of people think Holland the Netherlands exists in
a way that does not where people are like, yeah,
it's a windmill on a canal surrounded by tulips. I
want to go this trapper keeper art. This is like
a trapper keeper art of the Netherlands.

Speaker 6 (21:25):
Yeah.

Speaker 3 (21:26):
If Lisa Frank started doing like impressionism, it's kind of
like what these images look like.

Speaker 2 (21:31):
But again, AI slop.

Speaker 1 (21:33):
The reason I live in la is because of those
trapper keepers of Malibu where it's just like dolphins jumping
out of waves with like neon sunsets and pyramid yeah.

Speaker 2 (21:46):
Above the water.

Speaker 1 (21:47):
Yeah yeah, Why is she the most influential artist on AI?
I was like, oh, good art. Yeah, I got you covered.
We're just gonna go Lisa Frank on that death. There's
also a drama in the real world of AI. On
Wall Street, people are bracing for Nvidia's latest earnings report.
This is the company that makes the chips that power

(22:10):
AI has basically been propping up the entire stock market
for the past. Yeah, it's like a big percentage of
the value of the stock market currently is just this
one company. And people for a while now have been
like squinting at all the AI numbers, being like this

(22:31):
seems not good. First of all, there's less transparency than
we would typically ask for from our you know, just
any other company. When you take a step back, you
notice that all of the incoming investment is coming from
companies that they're also investing in. So there's just this
like big AI company circle jerk of investments happening back

(22:55):
and forth between each other, which I mean, that's not impossible.
Like people have pointed out that the aeronautics industry in
the fifties, like when that was first becoming a thing,
like there were only five companies and like they were
investing in each other. But now like Palneers had slower
earnings and a bunch of big investors sold off their
Nvidia holdings, and so there's just like this big pivot

(23:17):
point of the stock market and like rich people's money
that's about to happen when Nvidia at the end of
today we Wednesday, at the closing bell, they're going to
reveal their latest earnings reports and there seems to be
some shakiness in the world of AI. I mentioned yesterday

(23:38):
that ed Zetron has been doing some really good reporting
with the Financial Times about how the financial model it's
built on that it will get less expensive and energy
intensive over time is basically like kind of confirmed, not
true at this point, Like it's just staying expensive, and
so you're continuing to have to like someone has to

(24:00):
pay for the computer to make this cool trapper keeper
art that fools old people into traveling to the Netherlands.

Speaker 3 (24:07):
Yeah, there's so many issues like right now, right like
the development of AI, especially in the US has hit
a wall infrastructurally too, Like there's no capacity. There's no
more capacity for like the you know, the energy bills
are a part and parcel of use of like data
centers in the US. That's why electricity bills are getting
higher because also they have to invest in a better

(24:28):
grid to make this like fantasy data center US thing
come to life.

Speaker 2 (24:33):
Yeah, spending ends up in our.

Speaker 3 (24:35):
Bills because like, well we got it, we're having to
improved shit for AI or you know, make our grid
better for this.

Speaker 1 (24:41):
I see, Like what's going to end up happening is
they're going to get bailed out like the banks basically,
and like the government is going to be like, we
need to invest in AI to keep up with China,
and therefore, you guys are actually going to pay for this.

Speaker 2 (24:54):
We are, We already are, and you already know they're
going to get bailed out because aside from the oligarchy
of it all, all of those tech people, if you
think about the Microsoft Meta, uh, Amazon Open Ai, some
of the biggest fucking spenders in this sector, they're cozying
up because of course they're gonna be like, we fucking.

Speaker 9 (25:16):
Lost our shirts on AI because yeah, fucking lost our
minds thinking this was the next thing, and everybody is
in a fucking dick measuring contest with each other. That's
a publicly traded company, so they had to say they
were using AI or the stock number go down.

Speaker 3 (25:32):
And yeah, they're probably gonna be like, because you think
about the dot com bubble. When that burst, I think
NASDAK lost like fucking eighty percent of its.

Speaker 2 (25:40):
Value fucking one go.

Speaker 3 (25:42):
Yeah, so you know that's a lot of money, and
globally easily over one trillion dollars has been spent uh
in this fucking AI race that.

Speaker 1 (25:52):
Yeah, they're gonna find a way to like the you know,
they say that the stock market is mainly comprised of
like the top, you know, ten percent of wealthy people,
like people with wealth, Like they're going to find a
way to pass those losses down to us and everybody
else in America, you know, like oh yeah, yeah, yeah,
definitely how it's going to end up happening. But I

(26:13):
feel like people need to understand that that's what's happening.
And I think exact two thousand and eight prepared everybody
for that fact, like this is.

Speaker 3 (26:21):
Now right in hindsight, or like they bailed out Wall Street.
At the time, I think most people were like, I
don't know if maybe that's.

Speaker 2 (26:28):
Good that they did, right, you didn't happen.

Speaker 1 (26:30):
You gotta do it, you got to do it.

Speaker 3 (26:32):
It's the economy, right, And now it's like, I think
if people need to realize that the fucking people who
invested all this money, let them hold that fucking l
Yeah you need to. That's obviously not how America works
because we have corporate socialism here. Yeah, but I think
knowing that as it's happening is really going to be
important for people to really understand like what the patterns

(26:54):
are of this country, which is you're going to get
into situations like this and the government will be more
than willing to bail out these they're oligarchs because they
also have a hand in propping up the government in
their own unique ways.

Speaker 1 (27:05):
So well, I love this quote from The Guardian. The
market for the first time is questioning whether the hype
will turn into reality. Bob Elliott, Cio at asset management
firm Unlimited Funds told CNN, how is this the first
time you're questioning a product that requires insane resources to
do very little of value. That's basically a toy for

(27:28):
ship posters. That at least that's how There are cool
things that you could do with AI for science and
for doctors and stuff like that. But that's not what
it's being marketed to show off the fact that it's
a cool toy for ship posters. But of course this
is a guy who works for a company named Unlimited Funds.

Speaker 2 (27:45):
Yeah wait, he.

Speaker 1 (27:47):
Doesn't have a code, he doesn't have a good grasp
of reality.

Speaker 3 (27:51):
Yeah, I mean they're even saying like Bain Cat like
just all the huge investment firms are saying things like
for AI's scaling trend to content and you they need
two trillion dollars in new revenue, ye be barely at
two hundred billion, Like yeah.

Speaker 1 (28:08):
Something tariffs will probably cover it, right yeah, as.

Speaker 3 (28:11):
Hearing Sundarpitchie of of Google be like, I mean everyone's
going to feel it if this thing pops, like you basically,
these people have now put the economy, are holding the
economy hostage.

Speaker 2 (28:23):
Yeah, give me my bill.

Speaker 1 (28:24):
It's going to fuck people's four one k's for sure,
Like everybody is going to feel and.

Speaker 3 (28:28):
All the companies that have invested in this, Like I
think about people like that work at other companies that
are like they're like, man, they're going so hard on AI.

Speaker 1 (28:36):
In my company, every company is doing that ship yeah
yeah yeah.

Speaker 3 (28:39):
Like to the point though, like where they're making critical
crucial investments like staking their businesses on it.

Speaker 2 (28:45):
You're like, God, Jesus Christ. And it's all because analysts
are like, what are they doing?

Speaker 1 (28:50):
Who they are?

Speaker 2 (28:51):
What are you doing? Who they are?

Speaker 3 (28:52):
And you know, we always talk about how these publicly
traded companies they all have to copy each other to
keep up with each other, the same way when a
company does lay off, so they all have to do layoffs.

Speaker 1 (29:01):
What are these people who don't know shit about our
company going to think of our company? You better, we
better just like have some narrative that says we're doing AI.
All right, Those are some of the things that are
trending on this Wednesday, November nineteenth. We are back tomorrow
with a whole last episode of the show. Until then,
be kind to each other, be kind to yourselves, get

(29:22):
your vaccines while you still can't get your flu shot,
don't do nothing about white supremacy, and we will talk
to y'all tomorrow.

Speaker 4 (29:28):
Bye bye, The Daily Zite guys because Executive produced by
Catherine Law.

Speaker 5 (29:33):
Co produced by Bye.

Speaker 2 (29:34):
Wayne, co produced by Victor Wright.

Speaker 1 (29:37):
Co written by JM McNabb

Speaker 8 (29:39):
And edited and engineered by Brian Jeffries.

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