The YoJoeShow™ Podcast – Episode 5 - The YoJoeShow™ Podcast

Episode Transcript
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(00:00):
Hey. Hey. Hey, everyone, and welcome to the
Yojo Show podcast. Hi, Joe. How are you
doing? Hey, yo. How's it happening?
Glad to be back.
Yes. Definitely excited.
I think, today the menu is gonna be
very interesting, and we will start off with,
Wall Street versus Main Street. And this is
an an an interesting one. Presidents are typically
kind of

(00:20):
rated by this the level of Wall Street
as, you know, when they join and kind
of when they depart.
Typically, they'll use
different metrics. Some of them are actually not
very good metrics. But,
the the idea is that since a lot
of Americans have retirement,

(00:41):
so the way Wall Street is doing kind
of is representative
of the way mainstream
mainstream is doing.
And
the a lot of criticism of Trump's first
administration was that he focused a lot on
making life better for the rich
and for Wall Street, and he didn't care
very much about, mainstream even though it it
affects people's,

(01:02):
retirement. Now the truth is is that a
lot of people do not
have a retirement and do not directly control
any assets,
in terms of stocks or bonds or real
estate, etcetera.
So they are
basically much more limited to the upside of
the economy versus the downside. Like, we spoke
about inflation,
in previous episodes.

(01:23):
Inflation just kills Main Street, and it's very
good for Wall Street, because it just means
there's more money in the market to go
around, which makes the prices of stocks and
bonds go up.
So
what we've seen this time around
is Trump basically say screw Wall Street. Wall
Street is a representation
of the successes of Main Street. If we

(01:44):
fix Main Street, then Wall Street will boom
inherently.
So his focus has been exclusively
on making life better for the middle class,
and the poor, etcetera, by bringing factories, bringing
jobs,
kind
of other other policies we've seen, enabling energy.
Right? The only way to be a successful

(02:06):
superpower is to have an abundance of energy,
and economies boom the most when there is
an abundance of energy. So all those things
are very, very good for the Main Street,
lowering the price of eggs, lowering the price
of goods, lowering the price of services, lowering
the price of raw materials and electricity,
and energy. That is very, very good for
Main Street,
and so are most of these tariffs. Again,
not necessarily in the long run, but

(02:29):
reanalyzing,
redistributing
the kind of way
the world economy worked
and bringing much of it closer to home,
like we said, enabled by technology, enabled by
robotics, and we will get back to that
later in this episode,
is really something that's benefiting Main Street. And
over these past week or two, we saw

(02:50):
Wall Street collapse
completely,
specifically in in
as a result of Trump's, you know, tariff
notices.
And then Wall Street bounced back pretty quickly
once he froze those for ninety days to
negotiate with the 75 plus countries that came
in, you know,
kissed his ass and are waiting in line
to negotiate. So what we're seeing right now

(03:11):
is a bifurcation where the focus is on
Main Street. And when Main Street economy booms,
Wall Street economy will definitely boom boom as
opposed to focus on Wall Street. So a
lot of pain in the short term,
a lot of gain in the long term.
A lot of people are trying to say,
oh, Trump is dirty, him and his family.
He's probably investing in all these stocks. He's

(03:31):
probably shorting the market.
He's probably buying the market, insider trading.
To that I say, where's the evidence? We've
seen
generations
of the of politicians
both on the right and the left, more
notably the left, but also on the right
as well, who have been doing insider train
trading for decades,
literally,

(03:52):
to an extent where they've, turned themselves into
memes because they're so good at picking stocks,
and where there are entire
kind of
groups of Wall Street Investors that will follow
their investments because of their insider trades.
So
I doubt Trump as an outsider
really that's what he's here to do. Like,

(04:13):
I don't think he came to the presidency
in order to do some insider trading. If
If so, he would have become a politician
fifty years ago. Right? He was successful in
business.
Running for politics doesn't necessarily benefit your businesses.
I assume it will over over the decades,
but
I don't think he's doing insider trading. Maybe
some of his children or relatives or other

(04:34):
people possibly that, you know, that's not out
of the picture.
But what we do know for a fact
is that congressmen and representatives have been doing
it for for decades. And it seems like
what Trump is trying to do is fix
Main Street at the moment even at the
cost at a huge cost to Wall Street,
which many of his billionaire friends may not

(04:55):
like.
What do you think? Yeah. So, you know,
the markets
don't
like instability.
So any sort of big question mark is
where things are going to move or change
to causes
the stock market to act erratically,
which we saw not a surprise, nothing new.
It is the way it is. However,

(05:15):
I agree. I mean, listen, you can't govern
a country
with the fear of how the market's gonna
react. You have to do the right thing.
You have to take note. You're not gonna
do things haphazardly.
You know, Trump has been accused of being
reckless and how he did this. I haven't
seen that at all. I think he's doing
what he needs to do, and he used
he's using the leverage that he has with

(05:35):
all these countries.
We have dozens of countries that have come
forward to
ask to negotiate with The United States to
provide a more level playing field for,
you know, global trade. And that's, you know,
I think in the end gonna benefit the
entire world, not just The United States. It's
going to allow
for some of the barriers that currently exist

(05:58):
to be reduced or maybe be eliminated.
So
I I think that
your point is well taken that, you know,
ultimately,
there is a divide between how the stock
market reacts
and how
people, you know, personal bank accounts and the
cost of going to the grocery store is
impacted by some of the the things that

(06:19):
are being done by the government. Ultimately,
the things that Trump is trying to rectify,
are the problems that everyone's been complaining about.
You know, a large part of how Trump
got in this time had to do with
the fact that everybody was at wits end
with inflation and the cost of everything, and
people couldn't afford to live and pay for
basic necessities anymore and something had to change.

(06:42):
And if that change causes some short term
pain, as Trump says,
and I'm not using his speaking points. I'm
just saying the obvious. I mean, clearly,
if that's what it takes, you have to
rip the mandate off, have that pain to
do the right thing. Of course, scholars can
debate what the right thing is, but, you
know, there's

(07:03):
this piece that basically, you know, we have
Scott Bessett, the treasury secretary speaking and talking
a little bit to that.
And that's in the same, you know, in
the same realm of what we're discussing, there
is a divide
and what's the best way to go. Do
you cater just to the stock market? Do
you wanna make sure that that's all that
matters,

(07:23):
or do you try to do the right
thing even if there's, you know, negative short
term impacts to the market?
Yeah. And Scott is, regarded as one of
the most brilliant economic minds in the world,
specifically macroeconomic
minds.
Even before he joined,
the administration,
he's considered kind of one of the most
brilliant investors of all time. So definitely worth

(07:43):
listening to what he has to say.
I convey my best wishes of president Trump.
He understands
that national strength comes from the ground up,
not the top down.
And this concept applies to good government just
as much as it does to banking and
capital formation.

(08:03):
For too long, financial policy has served large
financial institutions
at the expense of smaller ones. No more.
This administration
aims to give all banks a chance to
succeed,
whether it's JPMorgan
or your local mortgage and loan.

(08:25):
It aims to get capital to Americans
who need it by getting bureaucracy
out of the way.
For the last four decades,
basically since I began my career in Wall
Street,
Wall Street has grown wealthier than ever before
and it can continue to grow and do
well.
But for the next four years,
the Trump agenda is focused on Main Street,

(08:47):
it's Main Street's turn,
it's Main Street's turn to hire workers,
it's Main Street's turn to drive investment
and it's Main Street's turn to restore the
American dream.
And who's going to lead this revival?
The men and women in this room.
As community and small bankers, you know the

(09:07):
needs of small town America and your community
Yeah. So this is very interesting.
Specifically where he was giving the note. Right?
And we kind of heard a little bit
of that at the end. He was talking
at the Americans, Bankers Administration or association or
something. Right? So he's going basically to Wall
Street and punching them right in the face,

(09:28):
And that is kind of refreshing, to be
honest.
Yeah. What do you think about that?
Yeah. I mean, he's he's making the point.
I mean, listen. He's trying to help the
the American Bankers Association, you know, the the
attendees understand that there are decisions that have
to be made as we're discussing that may
not always benefit
those constituents or the actual, you know, investing,

(09:50):
you know, institutions and banks in the short
term. But as you pointed out earlier,
if you take care of the people of
providing a means for people to thrive,
in the end,
everyone will benefit. The markets will benefit.
That's Exactly. That's the truth. And
I think sometimes it's having the courage to

(10:10):
point out the obvious.
It's not about
hiding in the corner and not allowing the
markets to take a hit,
and therefore not doing the right thing. You
want to do the right thing and then
come out in front of it and explain
exactly what's going on. And I think he's
pointing out very clearly. Will come. Sorry? The
results will come. Yes. And he's pointing out

(10:31):
very clearly that, you know, there there's a
method to the madness, so to speak. This
isn't some willy nilly sort of thing that's
being done. This is to try to, you
know, obviously,
right,
a wrong and and right the ship that's
that that was taken on water for all
these years. So,
I I think that's a very important point,
and I think the venue was was a

(10:52):
proper venue for him to be discussing this.
I mean So I think the source of
this problem is
factoring the financial crisis, you know, 02/2009, '2
thousand '10, '2 thousand '11.
What we saw is Obama declare that many
banks and insurance companies and institutions
were too large to fail,
which means because so many Americans

(11:12):
had
their retirements in it, you know, it would
affect the Americans because they employed so many
people.
It would affect, you know, the Wall Street
and it would affect, you know, the economy
if these banks would collapse. And therefore, even
though they're failing, even though they're corrupt,
even though they're probably lots of fraud, right,
like we saw with Wells Fargo and others,

(11:34):
Still, they're too big to fail. Right? So
that just enables them. If if if a
corporation knows that the government has their back
no matter what, it just enables them to
go to go crazy and do whatever they
want. But there became this very large bifurcation
where
community banks, which for generations were the cornerstone
of The US economy. Right? You go to
your community bank if you wanna start a

(11:55):
local business, if you wanna get a start
a local investment.
They're kind of like what spurs a lot
of the local business growth is because they
understand their communities. They understand their neighborhoods. They
understand the people there. They can have a
more personal relationship, etcetera. So for for hundreds
of years,
local banks were where the real power was,
and

(12:16):
local pays were were were very competitive because
there were hundreds and thousands of them competing
against each other, which was very good for
everyone because it meant that there was more
money to go to go around. If one
bank didn't wanna invest in your business, you
could just go to another competing in bank
to to,
invest in your business. What happened after, you
know, the Obama administration during the Obama administration

(12:36):
and the the too big to fail kind
of mind frame
was
big banks were too big to fail.
Small banks were sure enough big were were
were sure enough small enough to fail. Right?
So
we always enabled the failure of the small
banks,
and they would get just gobbled up by

(12:56):
the big banks. Because what happens when a
bank fails is that somebody else has to
buy them because there are assets and there,
you know, there are customers that are definitely
worth money. So what happened was we see
we saw these large banks just grow and
grow and grow and grow and grow because
they're too big to fail, whereas the small
banks were failing all the time because more
regulation,

(13:17):
more kind of restrictions,
and the fact that, you know, the big
banks can't go bankrupt, but the small banks
can. Who are you gonna put your money
with? Right? So we saw this huge bifurcation
where the amount of
small banks in The United States has shrunken
completely, has almost disappeared.
And now we're basically left with five big
banks, kind of like, you know, there used

(13:38):
to be hundreds of defense companies, and now,
you know, we're left with five five defense
companies like we discussed last episode.
Right now, all we're left is with five
banks, and Jamie Dimon is basically the most
powerful person in the world, not because his
bank is the most competitive, not because they're
the most successful. Yes. He has made some
very brilliant moves over the past few years,
but more importantly, because

(14:00):
they were too big to fail, and they
were allowed to gobble up all the small
banks that were allowed to fail. So just
just a lot of corruption.
Yeah. I mean, I agree. And, ultimately,
you know, that's it. Consolidation
can stifle,
innovation
and essentially
doing the right thing.

(14:22):
And, you know, listen. This is nothing new.
I mean, people have always looked upon
what the banks and the investment firms are
doing and not always in the best light.
Sometimes
it looks like what they're doing is sleight
of hand. If If you understand how the
banking system works and how they're able to
borrow money they don't actually have.
I I wanna play something for you, which

(14:42):
you don't know that I have queued up,
but this is from 1937
describing
how banking works. I wanna know if this
still if you think this still is, an
accurate representation,
maybe before your time. This is the three
stooges. Oh, the three stooges. I love the
three stooges. And they're showing kinda how
sort of banking works. Okay? Let's let's take

(15:02):
a look at you tell me if this
still makes sense. It's even a little before
my time, but,
may I know I'm old, but not this
old, but this may still ring true. Are
you ready?
Sure.
Let's see what happens. And for those that
are, not watching but hearing, if you listen
attentively, you'll understand that there's three three of
them, and they're basically
the money's changing hands, and it's going in

(15:24):
one big circle round and round as they're
paying off each other's debt. Here we go.
$20 you owe me. Oh, yeah. Well, I
only got 10. So here's 10. I owe
you 10. Thanks. Hey, Moe. You owe me
20. Well, here's 10. I'll owe you 10.
You owe me 20. Here's 10. I owe
you 10. Here's the 10. I owe you.
Here's the 10. I owe you. Here's the
10 I owe you. Good. Then we're all

(15:44):
even.
Yeah. Because that it it is one of
the marvels of the way the economy works,
and it is what allows capitalism. Right? So
this funny
stupid thing, right, is what basically enables the
pie to grow. Right?

(16:05):
And even that is kind of powered by
inflation and by what you mentioned earlier, banks
borrowing money from invisible hand, basically, the hand
of god. Right?
Is kind of the way behind the scenes
it works.
But, yeah, is it there are benefits to
that, but it is also kind of a
little bit of a mind fuck,
wouldn't you say? Yeah.
Yeah. I mean, that and that's the challenge

(16:26):
with this, and that's why when people are
screaming because,
you know,
these institutions can take a hit when the
government's trying to do the right thing for
its people.
You know, it's yeah. I hear you, but,
you know, you got to do the right
thing. And it's it's refreshing
when a government does that. It doesn't matter
which party it is or whatever. You sometimes

(16:48):
have to do the right thing and move
forward and not just keep the status quo
and be scared
that there'll be some feathers ruffled.
As long as there's a proper
methodology and game plan, that's the way things
need to go. Now there's a lot of
critics.
Of course, we're still gonna say that The
US
and its woes and all the problems that
we've discussed in other episodes,

(17:10):
issues with, trade,
global trade, struggling with China in large part,
that, you know, The United States, a lot
of this has to do with, again,
with allowing,
you know, poor US policy to take hold.
There's, you know, Jack Ma who's, you know,
not
not an inexperienced person who's,

(17:30):
exceedingly successful.
He was at the World Economic Forum basically,
you know, deflecting,
you know, US
ongoing. This is not something, you know, that
we're just now, but The US has always
complained about trade with China and given China's
massive stature,
how it impacts The United States. And this
is, you know, there's there's, you know,

(17:53):
a clip we have where he's pushing back
and blaming
The United States for its policy and how
policy
and misspending essentially and an inadequate reinvestment within
the country is what led to this. And
I think that's a good,
sort of next
sort of jump
point to jump to to be able to

(18:14):
really understand, you know,
what is it that's
that we're talking about? Why why are we
in the predicament that we're in now?
Where where should we go next, and are
the things being that are being done?
Do they make sense,
or
is this one big mistake? I mean, that's
really the question. So,

(18:34):
let's listen in on this.
Oh, that they the American said, we just
wanna control the IP. We just wanna technology.
We just want the brand to leave the
the lower end jobs for the world.
Great strategy.
The past thirty years, IBM, Cisco, Microsoft,
they made tons of money. The money, the

(18:54):
profit they made
are much more than the four largest banks
in China. But where did the money go?
Past thirty years, the American had 13 wars,
spending $14,200,000,000,000.
The money going there. What if they spend
part of their money on building up the
infrastructure,

(19:15):
helping the white cause the white colors and
blue colors?
No matter how strategy good it is, you're
supposed to spend money on your own people.
And the other money which I'm curious about
is that
when I was young, I heard America is
bad, Ford, Ford, and Boeing, those big manufacturing

(19:37):
companies. The last ten, twenty years, I heard
about is Silicon Valley and Wall Street.
The money go to the Wall Street.
And what happened? Year 02/2008.
The financial crisis
wiped out $19,200,000,000,000
USA alone.
They wiped out all the white collars

(19:57):
and destroyed
34,000,000
jobs globally.
So what if the money it's not Wall
Street. What if the money spent on the
Middle East, Middle West
of The United States
developing the industry there, that could be changed
a lot. So it's not the other countries
steal jobs from you guys.

(20:17):
It is your strategy.
Yeah. So this is, an interesting video. Just
a little bit of a background for anybody
who isn't familiar. Jack Ma was the founder
of Alibaba. He went to
probably like Stanford.
So he studied in The US and kind
of we like we mentioned in previous episodes,
instead of building the company here, he went
back to China and he built the company
there.
The Alibaba is extremely successful.

(20:40):
Jack Ma, however,
a little less so. So for anybody who
isn't familiar,
probably, like, four or five years ago, he
spoke at an event. I think it was
for Chinese bankers, and he criticized,
one of the rules of the CCP
to do with, kind of lending and investments,
I think.

(21:00):
And, basically, since then, he was disappeared of.
The Chinese Communist Party
just completely
just kidnapped him and made him disappear. And
for months and months, there were, like, hesitations.
Where is he? Maybe he died. Maybe something
happened.
And, eventually, I think the CCP kind of
released some video of him kind of just

(21:21):
to prove that he's alive, but he is
no longer leading Alibaba.
We don't I I don't know who is
the official CEO, but we do know that
it is definitely the CCP who is controlling
Alibaba and and most of of the other,
Chinese companies.
He's a smart guy. Like, he is very
knowledgeable like we saw in this clip. He
is also kind of a little, like, misinformed

(21:42):
and clueless on about different subjects. There's a
very fascinating interview,
between him and Elon Musk, and
you could just see, like like, heaven and
earth, the difference between the two of them.
He just says all these, like, remarkably, like,
absurd statements
that just kind of make no sense.
But on this clip, he was
kind of spot on.

(22:04):
Obviously, we don't necessarily agree that China wasn't
taking US jobs. That is true too.
And but we can definitely agree that, you
know, spending trillions on, you know, wars
in The Middle East, especially when you're funding
both sides of the wars,
right, like that that, funny meme of the
rockets going out of Gaza
and the Iron Dome interceptors going out of

(22:26):
Israel to intercept the rockets.
And it says, my tax dollars at work.
Somehow also my tax dollars at work. Right?
So it it's understandable that The US is
funding, you know, the Iron Dome, you know,
missile protection system.
Why is USAID and the state department also
helping, you know, fund Hamas and and Gaza
and stuff like that? Right? So,
the absurdity. Right? It's like, we built up

(22:47):
the,
Afghani military belonging to everybody that is super
strong, and it will stand on its own
when everybody knew that it will just collapse
the minute The US left. But instead of
instead of leaving a small contingent in,
the air force base and, you know, kind
of just a few advisers just to keep
things standing for a little while, who basically
just left millions of dollars of equipment up

(23:09):
to the Taliban. Right? So it's not that
we were just fighting wars with no point,
you know, notably the Iraq war.
But it's also kind of like the results
of those wars. Right? We end up just
shooting ourselves in both feet no matter how
we try and go about it.
Yeah. No. Absolutely. And and, you know, ultimately,

(23:30):
it's interesting. And and I that,
that
back and
forth that you that you mentioned with Elon
Musk and Jack Ma,
I heard it. Yeah. There was a tremendous
divide in their understanding of things. I think
Elon by far seem to Specifically technology and
AI and how that will affect the future.
Like, Jack and I were like, how are

(23:52):
you the head of one of the largest,
most innovative companies in the world changing the
world? And
in China,
it could be that he was ahead because
he was more loyal to Xi and to
Xi's faction within the CCP as opposed to
other competing factions,
as opposed to pure brilliance. Obviously, he started
off as pure pure pure
brilliance as a start up. But as it
grew and became an influential company,

(24:13):
it it seems like possibly he was just
you know, the company was made successful by
the by the CCP, not necessarily purely based
on Jack Ma and and the engineers kind
of hard work and brilliance.
And, you know, that's
it's unfortunate and kind of
surprising actually.
There's a lot of innovation
coming out of China. I mean, I can

(24:34):
tell you in the Specifically drones drones. Yeah.
Drones. I mean, they DGI. I mean, they
they make the best drones, so arguably.
And Not arguably. There's literally nobody competing aside
from military drones.
Yeah. Not not on the same scale, on
the same, quality. And again, tremendous innovation, new
things coming out all the time. So again,

(24:54):
it's not knocking,
the ability of China to innovate and advance
new products and so forth. It's just that,
yeah, in that particular,
debate that you, you know, referenced,
yeah, Elon definitely showed a much better understanding.
And it is interesting. You know? It's important
to listen
to what Jack Ma was saying here, but

(25:16):
even though we don't agree with all of
it,
we would agree in part, I would imagine,
like you were saying, that some of The
US policy has not helped, you know,
get us where we need to be, and
that's why certain things are needing to be
reset and readjusted at this point, and there
might be some pain through that. And I
think that the status quo, the normal political

(25:38):
infrastructure
doesn't like that. It doesn't matter Republican or
Democrat.
They just don't like having the rug pulled
out from under their feet from the normal
way of things being done. In fact,
just
reported recently, we have Adam Schiff trying to
open an inquiry,
against Trump for doing the things that he's
doing and the administration.

(26:01):
Yeah. Let's let's take a look at that
one.
Yeah. I think we could yeah. I have
that clip as well. Let me see.
This? Well, I think Congress should do an
investigation into this, so but we're gonna demand
Oh, my goodness.
Is this, Frankie, is this the latest collusion
hoax? It was Russia collusion hoax. Now it's,
president Trump negotiating on the world stage,

(26:23):
advocating for America getting ripped off. And because
he's using leverage and doing an art of
the deal, therefore, they're gonna impeach him because
they say because the market went down because
he's putting Main Street over Wall Street because
the market went down, and then he got
some leverage. So the market went back up.
That therefore means that an investigation needs to
be opened into him.
Are you kidding me right now? Are you

(26:45):
Frankie, what's going on? Listen. All I'm gonna
say is, I mean, are you really surprised,
Mike? I'm actually you know, I I would
I would call this because
we got Dan Bongino in there. Obviously, he
goes straight in. Shift is coming up. We're
going straight after him. We got,
Cash doing his thing. I mean, none of
it's coming out yet, but this guy coming
for him. Oh, yeah. Yeah. This guy is

(27:05):
just We're coming for him. He's taking that
he's taking that ammunition, putting in his backpack
so he could say, look. Look. They're investigating
me because I think they're insider trading.
Yes. Yeah. It's a little ironic that the
person who's been doing one of the people
who's been doing insider trading for so many
years is like, help. Help. They're taking away
my
they're taking away my money. And it's like,

(27:26):
the money you were stealing, I was like,
oh, my money. Like, well, the money you
were stealing. Right? So, obviously, this isn't necessarily
directly going after him,
in terms of his insider trading, but this
is kind
of just really going
in-depth on that whole, you know, Wall Street
versus Main Street. And the minute Wall Street
is down, it affects,

(27:47):
you know, mister Schiff's investments, and he is
very worried about it. And he wasn't that
worried when he was stealing money and doing
insider trading for the last few decades,
likely, allegedly.
Allegedly. Well and and if if not, certainly,
the bottom line is it's not he's just
emblematic
of the the idea that politicians
will, you know, get upset if things are

(28:09):
being done differently because
in the past,
forever,
it benefits the politicians that have been there
forever. So if something is changing and it
and it could potentially hurt,
you know, kind of their way of of
seeing things,
but, you know, we're at a point where
things have to change. Ultimately,
there are enough people who aren't happy, but

(28:29):
just like the protests that we see, a
lot of them just, you know, they're
they're they're kind of, you know,
there's a small number of people that I
think are really out there just
freaking out. The majority of people have questions.
They may be a little nervous. They may
be a little bit concerned because they're unsure.
This may be seen. This may seem like
uncharted waters.

(28:51):
People hear them in again, the legacy media
explaining things in such a way that's designed
to create fear and get people upset.
But at the end of the day, you
know, prices are coming down.
There's
a genuine desire to right some of the
wrongs that we've had in our country
as far as trade.

(29:11):
And this is our one opportunity to finally
do that, to give us a better future.
And, you know, we should all be hoping
that it all works out okay. We should
all be hoping that, you know, this is
done in a manner that we all benefit,
and it might potentially benefit the world, not
just The United States.
But yet we still have the media going
out there and trying very hard to,

(29:34):
give this impression of some really horrible thing
going on.
People protesting still as we've discussed in prior
episodes, Elon Musk and Doge and Trump. But
if you look at some of these protests,
aside from them being clearly funded and people
being paid and scripted as to what to
say and what to chance,
some of what's
you know, if you just get a clip

(29:55):
on the news, you think, oh, look at
all these people protesting. But if you go
and take a look at what's actually going
on,
it it really changes.
We have a clip of one of these
protests, which is I mean, again, we're not
saying they're all exactly like this, but
this is enough to make anyone say, like,
really? This this is what this is what
we have out there protesting against this.

(30:16):
What we know for a fact
is that if your grandma loses her Social
Security,
it may take her a few days
to call, to figure to to notice. Right?
Maybe sometimes a few months and then to
call and then to try and get help
before she ever makes a Facebook post and
complains about it.
But who's the first person to complain the

(30:39):
minute their Social Security check stops arriving? The
scammer.
Right? So the scammers are the first ones
to call. They're the first ones. Like like,
we heard,
like, 40% of all calls to Social Security
were scammers. Right? So anytime there there's a
problem, they're the first ones to complain. So
it like, when when they stopped when they

(30:59):
started discussing, you know, halting funding to USAID
that, you know, all these sudden, you know,
protests, who were those people protesting? There were
the USAID employees,
which were probably paid very kind of, you
know, way overpaid, let's just say, and all
these other democratic elites who probably had family
members
working for some of these NGOs

(31:20):
giving out funds like we saw in the
last episode, you know, taking a $700,000
salary for running a food kitchen. Right? You
know, for helping helping to feed the poor.
And it's not like she was feeding, you
know, 12,000,000 people.
So,
yeah, a lot of it the first people
to complain are the scammers, are the thieves,
are the,
the the the bad the bad actors. Right?
So anytime you see something like that, always

(31:43):
recognize who are the first people to make
a fuss about it because they are possibly
and probably guilty.
Absolutely. And then you look at protests like
this. Let's watch this as an example.
They are confronting
these anti Trump and anti Elon Musk protesters,
seeing what they're protesting for. Let's see who
we can get up here.
Wow. I just want to remind you of,

(32:03):
protest procedure. Don't film unless it's consent of
anyone's faces, and we'd ask if you We're
on public property though, so we can film.
Are you part of the protest? Are you
with this? Of course. I'm here. Hey. Easy.
Dude, you don't have our consent to do
this. Don't touch me. You do Don't touch
me. Woah. Don't touch me. I didn't touch
you for nothing. You touched me. Don't touch
me. You want some money? He's touching him.
Get someone around these people, please. Oh, easy.

(32:25):
Elbows.
Easy. Easy. Easy. Easy. Easy. Easy. Easy. Easy.
Easy. Easy. Easy. Easy. Easy. Easy. Easy.
Nope. Get off. Elbows around. Elbows around.
Holy cow.
Don't let me go.
What
are you gonna do? Elbows.
Elbows.
Stay peaceful. Ma'am, we are peaceful.

(32:48):
What the hell is going on out here?
Watch. He can't he can't keep running.
Yeah. So for anybody who wasn't watching,
the video starts off with a big red
flag that says Elon, and inside there's a
swastika. Inside of the o, there's a swastika.
And right next to it, there are a
few upside down American flags and stuff like

(33:09):
that. And yeah. I mean,
like,
god's sad. Have you ever heard of him?
Yeah. Yeah. So he's a brilliant writer.
He's,
one of the most successful professors in in
Canada. He's, kind of like a Jordan Peterson,
but not in terms of psychology.
In terms of, like,

(33:29):
he
he studies both biology, so, like, parasites
and psychology, and then he has these brilliant
takes on, like, you know, the parasitic mind
and how people get anesthetized.
Basically, they get infected
with the mind the the woke mind virus,
and
it really just, like, just blocks their brains

(33:51):
completely. And it's funny because they're, like, elbows,
elbows,
and you can't film, and you don't touch
me. You touch me. Touch me. Right? And
it's like but then he goes and he
shoves his hand right in the in the
camera's cameraman's face. And it's like, it's kind
of a whole elbows is like the instead
of clapping, we should we should flick our
fingers because somehow clapping is offensive to somebody
here who knows what. Right? So it's like,

(34:13):
at some point,
people just go off the very deep deep
end. And it's it's funny because
based on our conversations, you may think that
we're, like, crazy Trump fans and who knows
what. But we're actually, like, typical liberals from
twenty, thirty years ago. Right? Like like, old
school liberals,
and just try to keep our heads screwed

(34:34):
on straight, which is something
that is much less common,
especially on the left side of the aisle,
which is what makes us seem
like, you know, right wingers is just because
the left has gone just so far off
the deep end like we kind of saw
in this video. And obviously, it's not everybody.
Probably the vast majority of the left

(34:55):
are kind of like we saw in the
last episode of the father, just people who
who consume,
you know, legacy media and are are under
false impressions.
But in reality, the vast majority of the
world has has been waking up to the
fact that the left has just just gone
off the the deep end, and and it's
kind of what we see in this in
this clip.
Yeah. I I I think that,

(35:17):
the truth is
the reason Trump got in is because there
was enough of
the democratic left that actually voted for Trump
because Trump is more like what
they associated with, what we associate with. I
mean, it's not because these people were all
Republican
or all completely conservative.

(35:39):
Nazis. You forgot Nazis.
Right. Well, we're not all Nazis. Right. And
and,
ultimately, you know, as you brought up in
the past, I mean, Trump was, you know,
liberal before. I mean, he still is. Many
of these policies
aren't in fact, today's Republican party is
much more
aligned with what the Democratic party used to

(36:00):
be. So I think, you know, the reality
is if you take the labels off of
everybody in the parties and everything else,
most people I think in this country are
looking for basically the same thing, common sense.
Most people are white liberal when it comes
to most things.
People do want some basic
controls. People want,
you know, clean water and clean air and

(36:21):
all this other stuff, but they don't want
so much regulation that you can't open or
run a business. They want trade with other
countries. They want to avoid, you know, discrimination,
but they wanna allow free speech. I think
most people are somewhere towards the middle,
and all that these politicians and certainly the
media can do is try to make it
seem like people are on one side or

(36:43):
the other and so far detached.
And, you know, look, I think that, unfortunately,
the politicians fall victim
to what they believe, and I think that's
what happened with the Kamala Harris campaign, was
that Mhmm. They believe that they would resonate
with people that would be so far left,
and they would somehow win. And the problem
is that was not the case. That most

(37:05):
people thought that they dream. Right. Most people
just aren't like that, and most people aren't
ultra right either. Most people are somewhere
in the middle with a few topics or
things here or there that may lean more
one way or the other that I I
think people are tired of not being able
to have discussions. Again, there's a 1% fringe,
2%, whatever it is that the people just
go screaming or wind up in at those

(37:27):
protests
tests like that one, which was quite,
you know, I think if they're trying to
avoid
a totalitarian
regime, then why they should look in the
mirror because they're trying to control the movement
to someone going there just to report on
the thing and ask questions and surrounding him.
And it just I mean, I could think
of some communist countries where they would,

(37:47):
act the same way to prevent
any kind of reporter or speech.
But
interestingly, I mean, it almost like like it
lends itself to to to comedy, to humor.
You know, one of my favorites
I mean, there's not that many politicians I
really like.
Most of them I really don't have no

(38:08):
interest in even listening to. But, John Kennedy
is one of them, which I think you
might as well. He's always got something amusing
to say, whether you agree with him or
not. I think his accent is awesome.
It is. And he has a great he
just has this incredible way of looking at
things.
And I think the sad reality is whether
it's completely true or not,

(38:30):
when you look at the Democrat party today,
a lot of people will look at that
type of that type of protest and think
that's the Democrat party right now.
Because
it's just gotten so far off the rails,
the people are pushing things that are just
not what the majority of American people really
want.
And, you know, he made that comment recently

(38:51):
up, you know, I'll put this up. I
mean,
you know, again, humor. People need to take
it for that because that's what it is.
But
whether that's your feeling and you agree with
him, the bottom line is that's the sort
of sentiment a lot of people now have
even if, you know, registered Democrats are kinda
tired of how the party

(39:12):
is,
being portrayed because of its own actions. Right?
Yeah. I mean So I think if you
look at,
the way
historically,
the Republicans
were the the party of censorship. Right? Like,
anything that was on TV that was like
a a boy and a girl kissing is,

(39:33):
like, oh my god. We can't have that.
Right? And it's, like, oh, they show tits.
Oh my god. Right? And all these, like,
you know, family values and, you know, TV
and mainstream media has to be monitored and
censored and how dare they say such a
thing. Right? Which was, like, typically
a Republican point of view.
So historically,
I I considered myself, you know, mostly libertarian,

(39:55):
although not associated with the libertarian party because
Jill Stein basically supports Hamas. And she, right,
talked about people who went off the deep
end.
But kind of like and and
somehow, like, libertarian just meant, you know, just
avoiding just not caring about what happens in
the world at all, which
The US being the leader of the free
world just doesn't kinda make sense.

(40:17):
But, historically, I would tell people that I'm,
you know, socially liberal. Right? I don't care
what you do in your bedroom.
You know, you do you basically as long
as you're not bothering anybody else. You're free
to do whatever you want even if that
includes chopping off your tits. Right? Like, I
don't care. You do you.
And then, you know, fiscally
conservative. When it comes to money, we have
to be, you know,

(40:38):
transparent and reliable and stop the waste and
stop the fraud
and, you know, efficient efficiency. Right? Efficiency is
core. So I think that's the way most
most people were. Right? I mean, Elon Musk
was a Democrat his entire life, and now
he's considered a right wing Nazi somehow. Right?
So but what we've been seeing is that
the Republican party has shifted

(41:01):
to being,
socially
liberal. Right? The Republican party is now the
party that says, I don't care what you
do in your bedroom and gay is fine.
Right? Even though thirty years ago, they were,
you know, against being gay. Nowadays, the vast
majority of Republicans are like, I don't care
if you're gay as long as you don't
groom children to be, you know, and to
be influenced by pedophiles and do really creepy

(41:23):
stuff. Right?
So
the mainstream
Republican Party has basically adopted
that idea of, you know, fiscally conservative,
socially liberal,
basically libertarian in most aspects,
whereas, like we said, the right wing the
left wing has just gone kind of gone
off deepened. But, yeah, let's let's watch this

(41:44):
with, mister Kennedy.
Yep. So this is senator,
John Kennedy, Louisiana,
on Fox with, Sean Hannity. It's very brief,
but I think quite quite amusing,
as to how we,
we often,
people think about the Democratic Party today.

(42:04):
I consider congresswoman Ocasio Cortez
to be the leader of the Democratic Party.
I think she's the reason
there are directions on a shampoo bottle.
Our plan for dealing with her is upper
called operation let her speak.
Yeah. And operation let her speak is exactly
what we did with Kamala. Right? Every time

(42:26):
she spoke, she went down in the polls.
And every time that the legacy media tried
to tell us how amazing she were, you
know, sometimes that affected the polls a little
bit until she opens her mouth again.
Yeah. The jokes about Ocasio Cortez are kind
of the spot on.
She, I guess, still has the mentality mentality
of a bartender,

(42:47):
and is kind of radical in a lot
of her views. But, yeah, I found this
very entertaining.
And, you know, what's what's sad is if
if any of these individuals, including AOC, if
they just simply took a step back and
listened
and understood that most people
aren't
far right or far left, they're just, you
know, like everyone else. They just wanna

(43:08):
live their lives and be able to be
successful, and they wanna live in a great
country. They don't wanna hate their country,
to keep in, you know, incessantly telling people
how horrible The United States is. Well, if
you're an elected official, maybe you're to blame.
You know? So,
but interestingly,
you know,
I don't think that's the way most view

(43:29):
people view the country right now. And I
think even with regards to
the current administration,
most people,
admittedly
are somewhat happy.
And although they may not necessarily
agree with everything or may not understand everything,
the reality is, you know,
it's being widely reported that, you know, guess

(43:50):
what?
You know,
people on both sides of the aisle, despite
the political
rhetoric,
the people that are, you know, Democrat, Republican,
Libertarian, what have you. I mean, it doesn't
matter across the board for the most part.
If people are really being honest about it,

(44:11):
they're kind of okay with what's going on
and are hopeful. I mean, and that's what
you wanna be is hopeful that what's being
done
is a path forward for the country for
us to be better than we've been for
the last few years, which everybody really hasn't
been happy with. And, you know, all news
organizations have been reporting this in one way
or another, including, you know,

(44:32):
some of the legacy media that perhaps has
not, been the most favorable to Trump? Let's
put it that way.
Yeah. I I think where the senator definitely
gets it right, though, is,
in terms of AOC representing the Democratic Party.
And that's the crazy part
is even after
the catastrophic
failure

(44:52):
that the Democratic Party had in the past
election, any way you try and look at
it, it was a catastrophe.
Instead of them saying, Hey, let's kind of
pander more and refocus
on the 80% of Americans that agree about
80% of stuff, and let's go back to
the middle.
They're basically just going more extreme. Like, you

(45:13):
hear,
that there's a podcast with all the Kamlo's,
advisors,
for the election, and they're just talking about
how all of America are Nazis and how,
you know, it's all Trump's fault that that
that he won. And anything that bad that
happened to Kamlo is not because Kamlo is
just an other turd. It's because,
you know, Trump, Trump, Trump. Right? I mean,

(45:34):
that's one thing. But even now, we're seeing,
basically, who's left of the Democratic Party aside
from mister Schiff we saw earlier,
is AOC and Bernie Sanders, which are the
two most radical, most extreme
kind of,
left wing,
extremists on the the Republican part on the
Democratic Party side. They're the ones holding rallies

(45:57):
and trying to kind of rally up the
troops. They're basically all the Democratic Party has
is has
left because the Democratic
Party, at least until now, has failed
to turn their focus back to the center
and instead
has just gone more to the extreme. Right?
So these the extremes, they're very demanding, specifically
the extreme left because they'll cancel you for

(46:17):
everything. Right? So that's why we saw most
of the kind of Democratic,
senators pander to the extreme left is because
they were afraid of them. They may be,
you know, 1% or 5%, but they were
extremely vocal.
And back in the day when they canceled
people was kind of effective,
nowadays, it basically lost all of its sting.
But yet, still, the Democratic Party has not

(46:39):
woken up, and they are still focused on,
you know, pandering to extreme left, which is
why we see AOC and Bernie Sanders having
these events now.
Yeah. And and so the de facto leaders
of the Democrat Party are no longer just
Democrat. They're Democratic socialists.
Exactly. Socialists. So that's It's just straight up
communist, basically. Right? Right. There's They're burning like
a borderline

(47:00):
comment. So so I'm just saying it's not
a surprise. Right? So
let's see what CNN is reporting. Right? CNN
is not the bastion of MAGA or what
what have you. Right? Let's see what they
have to say.
I think there was this concern among some
folks that Donald Trump would come in for
a second term and kinda be a lame
duck. He ain't no lame duck. If anything,
he's a soaring eagle. What am I talking

(47:22):
about here? Let's talk about Trump executive orders
in 2025.
He's already signed a 11
so far. That is the most at this
point in a presidency in at least
a hundred years. In fact, it's the most
in any single year, and we're only in
April since Harry s Truman in the early
nineteen
fifties. The bottom line is whether you like

(47:43):
Trump or you don't like him, you can't
say that he's comment and not try to
deliver
on what he at least believes was his
promises on the campaign trail, and he's doing
so in historic fashion.
How are people reacting to and feel about
Trump's approach? Yeah. Okay. So Trump's approach here,
what are we talking about? Trump's approach to
presidential power. I think the American people recognize

(48:06):
what he's doing here is completely
different. We're talking get this. 86%
of the American public believes that Trump's approach
to presidential power is completely different from past
presidents compared to only 14%
who believe it is in line with precedent.
And we're talking about at least 79% of
Democrats,
Independents,
and Republicans.

(48:26):
So again, you can agree
or you can disagree with Donald Trump, but
what you can't disagree with is that he's
doing things very differently. I have used the
Frank Sinatra quote before. He is doing it,
quote, unquote, my way, and that is what
Donald Trump has done throughout both of his
presidential terms, and he's certainly doing that, Kate
Baldwin, in term number two.

(48:47):
So completely differently. Clearly they agree. But is
it take it a step further. Do the
people think he has too much he's taken
too much power? Yeah. This I think is
the real question. Right? You can believe that
he's doing stuff completely differently. But do you
think that he has a little too much
power or not? And this is interesting. So
Trump's presidential power is too much, the right
amount, too little. Well 47%

(49:08):
say too much but then you get 36%
who say the right amount, then you get
17% who say too little. So you're essentially
dealing with a majority of the American public,
53%,
who do not say that Trump has too
much power. They either says he has too
little power or the right amount of power.
So the idea that argument that Donald Trump
is quote unquote a king, that I don't

(49:29):
think holds with the American people. It does
hold maybe with 47.
But with the majority of folks, they believe
Donald Trump's doing something completely differently, and they
don't believe he has too much power. And
the executive orders he signed certainly suggest he's
no lame duck. He is, as I said
at the beginning, a soaring eagle.
I mean, that that's just a quote for
the, for the history books straight out of
CNN's mouth.

(49:51):
I think this pollster is kind of a
little kind of level headed, and he's been,
he's been interesting to watch on the CNN
side.
But what we saw with Trump's first administration
was,
obviously, he was immediately accused of Russiagate, and
the FBI started investigating him. And, basically, everybody
was betraying him. And

(50:11):
he he even though he made promises to
clean the swamp and to to fight corruption
and to kind of, you know, bring America
back,
a, he was too distracted,
to do it because,
you know, all of the false investigations
and, you you know, false claims against him,
one after another after another after another that

(50:31):
almost all turned out to be completely false,
which is one of the reasons why he
he won, in in 2024,
but also, because he just wasn't prepared. Like,
he came from business, so he didn't he
wasn't a dirty politician,
but he didn't know to choose the right
people.
And therefore, he ended up choosing a lot

(50:53):
of people he regretted on, and that's why
it looked like the White House was in
a mess because he cared about loyalty and
it seemed like people were not loyal to
him. And they weren't just not loyal to
him, they were actively fighting against him, right?
Like we saw with, James Clapper, whatever it
was, the head of the the, you know,
the FBI. He was literally just fighting against
him and and, you know, creating an investigation

(51:14):
so that he can't discuss things, that he
can't be fired, which is very similar actually
to what we're seeing right now in Israel
with Ronin Bar who's the head of the,
Shabbak, which is basically the Israeli FBI,
doing the exact same thing, creating an investigation
into,
Bibi about,
Qatar and then therefore,
saying that he he can't be fired. Right?

(51:35):
So so so Bibi announced that he wants
to fire this guy, and this guy's like,
no. No. No. You can't fire me because
I'm investigating you now, and that's conflict of
interest, which he literally pulled straight out of
the books of,
of the, you know, the American FBI and
the American deep state. The deep state runs
deep in many countries, not just in The
United States.
So last time, Trump promised to fight against
it

(51:55):
but failed because,
a, he was distracted, and, b, he nominated
a a few or a lot of wrong
people to many many positions.
This time around, though, he came way more
prepared. He didn't just have four years to
prepare. He had eight years to prepare. And,
well, really it's just the four, Biden years,
but it was his first four years of

(52:16):
really learning on the job. Right? So he
had four years of on the job training,
which is the best best way to learn.
And then four more years of watching the
disasters of the Biden administration,
before he came in this time. And this
time he came prepared. And,
basically the administration is like rock solid. The
vast majority of the cabinets,

(52:36):
of the of the secretaries
are just solid, solid,
choices.
The one person I really don't like is
Steve Witkoff, which aside from being way too
distracted, he's both the special envoy to the
Middle East, but he's also the he's also
dealing with the, you know, Ukraine Russia war.
I don't know why he's focused on two
different,
environments completely.

(52:57):
Also, he's just very filled with the kind
of old school narrative.
He sounds very much like a like a
like a Biden person.
He basically just trust
Qatar completely and thinks that they're a phenomenal
actor.
And he loves the Turks even though they're
both of the both of them support the
Muslim Brotherhood very strongly. And he

(53:18):
recently we just saw that he's been saying
that he wants to get back to an
Iran deal that is basically identical to to
the JCPOA, which is the one that Obama
signed and that Trump left. So
he's the one kind of question mark,
and and even in the negotiations with Hamas,
it seems like all he cares about is
freeing the hostage hostages and not destroying Hamas.

(53:38):
That is not his priority. He's willing to
he even mentioned that he's willing to give
them a place in any future kind of
ruling of the Gaza Strip. So basically, all
the conceptions that caused the war in The
Middle East, he doesn't seem to understand, and
he basically is just wanting to repeat repeat
them all. And also his negotiations in in
in Ukraine and and,

(53:58):
and Russia, it just doesn't seem like he's
doing a very good job. So aside from
Steve Witgolf, though, everybody else
is super solid.
Yeah. And like anything else. I mean, time
will tell. Right? And that's what everyone is
doing is watching, listening.
And I I think rather than just, you
know,
screaming bloody murder because,

(54:18):
perhaps the people who are there are not
the ones that some of these individuals voted
for, you know, let's see what the results
are. And that's really, I think, what we
could all should always hope for,
even for,
you know, individuals that,
that
voted for didn't vote for Obama. They weren't
out in the streets protesting and screaming and

(54:40):
so forth.
I think it's just like that. I mean,
ultimately,
I think there's a lot of different,
facets
to how we view our government, right? So
we're talking about one facet of it. You
know, one of my other favorite ones has
to do with the state of our healthcare
system, the state of,

(55:02):
you know, health in The United States and
how we've become a rather sick population.
And you know, it's nice to see this
government
finally,
for the first time probably ever,
really putting,
a true effort into addressing
concerns
about all the diseases, illnesses that we're having

(55:23):
that we didn't have fifty, a hundred years
ago.
What's causing it?
And kind of ironically or amusingly, you know,
despite the angst and screaming everyone has, guess
what? The person that's leading
that charge
under this administration
is not just a Democrat,

(55:44):
but it's someone whose family has an incredible
legacy in the Democrat party. So obviously, RFK
Junior,
and
he is the only, as I've said before,
politician,
on either side of the aisle that has
ever
consistently and repeatedly come out and said, look,
we need to get to the bottom of

(56:05):
what some of these problems are. Why is
there so much autism,
Alzheimer's,
heart disease, cancer?
What is going
on? Because we didn't have all these problems.
Once upon a time, these problems didn't exist
or they were virtually unheard of.
And
you know, I think that's what you know,

(56:26):
it's one of my favorite topics, right, to
kind of say we need to all
spend time looking at
the state of our healthcare system,
asking the right questions as individuals, as patients,
as individuals who don't want to be patients,
who want to stay healthy,
what are the kinds of things we need
to be concerned about? And
some of it

(56:46):
relates to just outright honesty or dishonesty within
the medical system, within
what the government allows. I mean, we're one
of the few countries, one of only a
couple of countries in the world that allows
drug companies to advertise on television and to
the consumer.
Mhmm. That's pretty odd, isn't it?
Yeah. Us in New Zealand,
and kind of like you mentioned in

(57:08):
the first episode, is that something that you
like kind of watching closely is kind of
seeing the statistics
and the ethics and the games,
that are that are played when it comes
to,
drug adver advertisements.
Who is it? I think it was,

(57:28):
a famous writer who said, they're lies, they're
damn lies, and then they're statistics. So statistics
are kind of like the basis of a
lot of science
but also they are very easy to be
played with. Very.
Especially when it comes to medicine and stuff
like that. And I think you have a
few very good examples of how
marketing companies
will use statistics that are technically correct statistics.

(57:52):
They're not lying.
Right?
But they're going to use these statistics to
skew things completely
out of proportion
and to to show the efficacy of these
drugs to be way higher than they actually
are,
when in reality, they tend to be, you
know, negligible if at all. And then, obviously,
they barely mention,

(58:12):
the side effects, which are extremely common and
cause many more problems, which then cause more
medicines to solve you know, more medications to
solve.
Yeah. And and those
all of that is, I think, just, again,
the tip of the iceberg. Right? So
you would think as a regular consumer, if
you saw an ad on television, let's say,

(58:32):
or in in a in print media or
on social media
for a medication,
you would think that it would have to
be completely honest and straightforward.
But sometimes it's like watching a magic trick.
You see the magic trick and you see
the outcome, but you know there's something else
going on behind the scenes.
You may not understand what it is, but

(58:53):
you know that what appears to be happening
isn't the whole picture. And you'd hope that
when it comes to your health and wellness
and even life and death
that you're not having to figure out what
sleight of hand is being used.
So as I mentioned in in a prior
episode, one of the things I do for
amusement
slash

(59:13):
educational purposes is to
capture
some of the information
that's
disclosed on some of these commercials.
It has to be disclosed. I'm sure their
attorneys require them to disclose it, but it
flashes on a screen and they're hoping you
don't either read it or understand it while
there's other things going on that's quite distracting.
I have a few examples I'll put up

(59:33):
here just to basically,
touch on this topic.
I think you can can you see that
now on the screen?
Yes. So if you look at this, this
is an ad for a medication called Repatha.
If,
you look at it, what what what do
you believe the benefit is to you by
taking this medication?
Well, it reduced heart attacks by twenty seven

(59:55):
percent. That's nearly thirty percent. Thirty percent less
of a chance of getting a heart attack.
Holy crap. That's amazing.
Right. So if you've had a heart attack
before, you don't wanna have another one. And
if if you're told, listen, this medication
might
reduce your risk of another heart attack by
up to
twenty seven percent or by twenty seven percent,
you think, you know what? That might be

(01:00:15):
worth considering as as one of the medications
I'm taking, even if it has side effects.
Right? Because all medication have some side effects
or some potential, sometimes pretty dangerous, untoward potential
outcomes.
But, hey, that's a pretty good reason to
consider it. Now
that's the main headline on the screen. If
someone were looking at, you know, just listening

(01:00:37):
online, this has a cute little,
emoji looking heart that's coming up and distracting
you as a in bold, it says heart
attack risk reduced by twenty seven percent. It's
a very
to the point message.
But if you look at the bottom
Yeah. And the study patients not treated with
Repatha had more heart attacks, four point six

(01:00:58):
percent, compared to those treated with Repatha, three
point four percent. So the reduction between four
point six percent to three point four percent
is a reduction of twenty seven percent, which
is why they're not technically lying. They're just
using statistics. But they make it seem like
your chance of getting a heart attack is
thirty percent less when in reality, your chance
of getting a heart attack is one point
two percent less.

(01:01:18):
Right? Right. So the this is something that's
used over and over again
in the pharmaceutical industry in marketing. Again, I
have an a master's in business administration.
If someone said to me, how could I
spin this to make it sound
better?
That's how you do it. So what you
do is you take one point the difference
between the four point six
and 3.4%

(01:01:40):
on the two groups that were were the
ones that were treated with this medication and
the ones that weren't, the difference of one
point two percent.
If you go and you divide that into
the four point six percent, it's
around twenty seven percent. So that's where they're
getting the twenty seven percent. It's called relative
risk. It's a relative number. But the true
real world number is that in these studies,

(01:02:01):
there was only one point two percent difference.
And if I had a commercial that said,
hey. Take this medication. It's super great, and
you're gonna have, you know, an,
an eight point eight percent chance of maybe
having a benefit.
You know,
maybe you wouldn't wanna take it because you
still have all the side effects and everything

(01:02:21):
else. So if it's less than ten percent
benefit,
maybe you don't wanna take it. So and
if it's a one percent difference between the
two, it's probably not as great as you
would think. If at the very least, you
probably need to
further explore the value of this medication versus
the risk. And and, you know, there's so
many examples like this. I'm gonna

(01:02:42):
get I mean, it it's it's basically negligible
because 11.2%
is within the, what's it called? The proximity
of error, the something of error. Basically Right.
When you
it it's basically
the when you do kind of surveys or
anything like that, there's an assumed,
basically,
a top end and the low end of
where you could be wrong. And this is

(01:03:03):
easily within what could be wrong, which means
how was this drug even approved in the
first place? Because if you're doing clinical
trials and the results are it's maybe better
by one percent, but there are a whole
bunch of side effects including, you know, suicide
and potential death.
Right? Then Not for not necessary for that
drug, but in general as a conversation. Right?
You have to look at all and if

(01:03:24):
you watch any commercials on these medications,
the voice usually changes and they'll go on
and on about all the potential,
you know, risks and side effects. Okay? And
the issue is you may be willing to
to bear that risk
if you really think there's a substantial likelihood
of benefit.
There's things like number to treat and all
this other stuff that you have to weigh

(01:03:45):
in. But oftentimes and even the physicians that
you're going to, they're given, you know, a
brochure pamphlet on these. I was at a
doctor's
office in a clinic in a large,
medical center with with a patient.
I was there with the accompanying the patient,
and
they had in the clinic

(01:04:05):
a state of the art office, beautiful, and
it had a digital display on the wall
that was scrolling through and guess what it
had? Drug ads on it. Just like this.
Okay? With the disclaimers on the bottom, but
unless you really look closely,
and long enough because the screen will change,
you don't catch what it says. Here's another
one for a drug called Invenity.

(01:04:26):
What does this one say?
Reduce spine fracture risk by seventy three percent.
Seventy three percent means two thirds of a
chance you're not gonna get,
a spine fracture. But then when you read
the little letters, it says,
woman receiving EVENITY
had a fewer new spine fractures zero point
five percent
than woman receiving placebo one point eight percent

(01:04:47):
at twelve months.
So
what do you get? Yeah. I mean, this
is new spine fractures, not
not additional spine fractures or or I don't
know. Okay. You know, work developments and stuff
like that. But even then, it's not seventy
percent.
I mean, technically
Well, it is. But it is. Right? The
relative risk is seventy three percent. But what

(01:05:08):
you're really talking about
is one point eight percent minus point five
percent between the two groups, the placebo and
the one with this medication. So it's a
one point three percent difference
out of twelve so they had after twelve
months of taking this medication,
you they only saw one point three percent
difference. That's it.
So but if you take the 1.3

(01:05:30):
divided by
the 1.8%,
you know, the No. The one yeah. The
difference between 1.8 to 0.5 is a reduction
by 73% more or less. Right. It's it's
that's relative risk. It's not the absolute risk
that you're seeing there. So again,
this is another example of something where, you
know, if they really just simply put, look,
you know, there's a one point, you know,

(01:05:51):
there's a 1.3%
difference between these two groups and you should
discuss this with your doctor, I'd be fine
with that. The issue is that the bold
statement of 73%
is relative risk, and it may not be
clear to I I would assume most people
won't really grasp
that it it it, you know, it's a
relative number. You know? Another one here. This

(01:06:11):
is a similar medication called Prolia. And what's
the
the the supposed benefit here? It reduced spine
fracture risk by sixty eight percent and basically
the same thing, seventy percent. Right. So what
does it sound at the bottom in a
three year study? Study, woman on Prolia had
fewer new spine fractures, two point three versus
women on placebo, seven point two.
So yeah. I mean, this one is almost

(01:06:32):
five percent, kind of slightly better. Four point
nine. Yeah.
Yeah. Four point nine. But even so, also,
you you should notice
they specify new spine fractures. Okay. That's maybe
understandable. But like we said, maybe that's a
reason. Right? Maybe when you take into account
other types of spine fractures, it could even
be worse. Who knows?
But also

(01:06:54):
the fact that, you know, the the first
one was using twelve months. This is using
three year studies.
That is very interesting. Maybe within a one
month time frame or a six month time
frame, it's actually worse too. So, you know,
it's it's very
finicky. Let's just say that. Right. So, again,
it's like the magic trick, and it shouldn't
be that way. And these are some of
the things that are being debated. In fact,

(01:07:15):
there's been some talk of, you know, basically
eliminating
advertising of this type because
you would hope that the the the practitioner,
the physician, the prescriber
would completely understand
the pros and cons of each medication or
each treatment modality.
And I would tell you that from my
experience, most of them don't. They know this.

(01:07:36):
They know the number that's in the big
bold print that's been handed to them by
the rep, and they don't have time to
be researching and second guessing everything. In fact,
I've heard numerous physicians speaking to the fact
that when they were in training,
the idea of relative risk
versus absolute risk difference in these studies was
never really,

(01:07:57):
clearly ingrained in them. And there was they
read studies, they're not really looking for this
stuff. And again, it's not the bashed individual
companies. This is being done on everything.
Okay?
Ultimately,
the importance is kind of buyer beware.
You need to be aware that if you're
going to buy a medication, which is what
you're doing as a patient, where the consequences

(01:08:19):
are it's not like buying a piece of
furniture where you can just return it if
you're not happy. This is your own health.
Okay?
And that sometimes the information you're being given
or that your doctors who are in in
good faith trying to help you, they're not
being necessarily given an easy path to,
you know, getting
the complete picture. And I think everyone should

(01:08:41):
be entitled to get the complete picture. That's
really the bottom line. And, you know, there's
I think a movement now. I mean, the
make
America
healthy again movement,
which RFK junior again is is pushing and
leading and so forth, and I think is
a great initiative. We'll see where it all
goes, but I think it's it's desperately needed.

(01:09:03):
You know, ultimately, it's not just about looking
at
issues with our food system, issues with with
drug manufacturing and availability and so forth, but
even things like this that we need to
have truth in advertising. We need to make
it not complicated.
We need to have nobody second guessing what's
being told to them,
and saying, well, it's they're not lying. It's

(01:09:24):
legal and there's a disclosure and a disclaimer
at the bottom of the ad and, you
know, but it shouldn't be like that. It
should be very simple.
No one should need to have a PhD
in marketing to understand
what actually is,
being suggested to them. Right? And Yeah. There's
there's a lot of people who are

(01:09:45):
discouraged with the state of health care right
now. There's a a doctor named Sunil Dhan.
He's from The UK, practice in The US,
and there's an interesting,
you know, he goes and posts regularly online,
his thoughts
about just about everything,
and most of which I agree with. And
I think, you know, again, it's
it's refreshing

(01:10:06):
yet sad to see a physician
who is bearing his soul and talking about
how
discouraged he is with the practice of medicine.
And he he posted a recent,
commentary on how he believes that doctors within
you know, it's a bold statement. Within five
years, AI is gonna make health care unrecognizable.
I wanna play a little tiny

(01:10:27):
piece of that, but I would say just
for everyone's benefit, you know, a lot of
hospitals are using AI right now to double
check and give a second or third opinion
on radiology results and other diagnosis season. As
it stands, a lot of AI can do
a pretty good job on Better than the
average doctor usually. Yeah. Oftentimes.

(01:10:49):
Now again, I'm not advocating or suggesting people
just use AI and circumvent using a licensed
practitioner. That's not the idea.
But it's interesting hearing from a physician saying
that, look, the future is changing. And I
think it's interesting to hear not just from
our words, but from him. So that I'd
like to put that up briefly and we
can move on to the next thing. I
think we've had enough. We don't wanna scare

(01:11:10):
people. We just wanna make sure people are
aware
that, you know, we all are potential patients.
We don't wanna get sick. We don't wanna
be a patient, but we need to be
aware that the information out there, both being
presented to us and even to the practitioners
that are there supposedly to help us
isn't always,
complete. You know, it's not always giving us

(01:11:30):
exactly what And like we mentioned on on
previous episodes, the reason why the drug companies
are are doing all this advertisement
isn't necessarily because they want you to see
the drug and ask your doctor for it,
which is something rare that only does happen
in The US.
But
more because that buys some influence with the,
the the news agencies. Because how will you

(01:11:52):
put an article about how damaging a drug
is right next to an advertisement for that
drug or by the same company that manufactures
that drug? The next day, you're gonna get
a call from your rep saying, hey. Do
you like the money that, you know, 1.2,
you know, billion or whatever, however much it
is we spend in, you know, advertising with
your brand, you know, over the last ten
years? Is that something that you wanna lose?

(01:12:13):
Oh, I didn't think so. So why don't
we go ahead and remove that article. Right?
So that's the reason why this this this
marketing is happening. It it isn't necessarily
to advertise the drugs. It's to buy favorability
with the media. And I think the American
people are people are smarter than that. And
over the past few years, they've noticed that
the media is basically lying, which this in

(01:12:35):
a in a in addition to so many
other things is why legacy media is now
legacy.
But the future of medicine is going to
be personalized. It's going to be based on
each individual person's DNA
and kind of metabolism and life situations at
any given moment.
And it and the drugs will be kind
of deployed directly

(01:12:55):
to the needed area, the needed organ as
opposed to just kind of affecting the entire
body. So medicine is about to change very
quickly, like you said, thanks to, AI, but
not only. So let's let's go ahead and
give a listen to this doctor.
Sure. Here we go.
Hi, everyone. Doctor Sunil Dand. In this video,
I want to talk about what I believe
will be a massive

(01:13:17):
game changer
for your health over the next five to
ten years, maybe even sooner. I'm talking about
artificial intelligence,
AI.
This may mean different things to different people,
but I'm going to explain to you
in this video five ways
that AI is going to completely
upend your health care. And I believe a

(01:13:39):
lot of this is very
sorely needed.
So I've written down some notes here, and
I'm going to go over these points.
Firstly, I would like to start with the
fact that there are a lot of people
out there,
especially
people within health care, who have a lot
of fear with AI. In fact, this could

(01:13:59):
apply to to anything.
And, of course,
AI could be used in bad ways, but
I believe that there are a lot of
good ways
that AI is going to completely and utterly
transform health care and no profession.
And, you know, that's that's enough to kinda
get get the the gist of it. I
mean, I would suggest anyone look up Sunil

(01:14:20):
Dhan, doctor Sunil Dhan, and and see
kind of what his position is on a
lot of different, you know, health care topics.
But it's it's always interesting to see a
physician who's coming forward and saying, look, we
know there's problems.
And,
you know, perhaps technology is gonna be you
know, for good or bad, technology is gonna

(01:14:40):
play a role in medicine
in the future. Be it Mhmm. He says
five years, you know, whether that's, you know,
really the time frame or not. But it
is already being used by physicians themselves,
but it will play a bigger and bigger
role. And I think this is a wake
up call
to the healthcare system and industries that, you
know, we need to provide correct concise information

(01:15:03):
for people to make up their minds and
provide, you know, solutions. This isn't about just
giving medications endlessly. And, you know, remember, there's
an old saying in medicine that a cured
patient is a lost customer.
So,
you know, it's not that there's necessarily an
inherent disincentive to cure, but if you think
about it, hospitals aren't going out of business.
They're just more and more and opening new,

(01:15:25):
state of the art facilities and so forth.
And if we were doing such a great
job,
we'd be putting hospitals out of business. Less
and less. Yes. And that's not happening. So
it just goes to say that probably we
need to do a better job, and hopefully
in the years to come
with technology and with some, you know, certainly
here in United States with an effort from

(01:15:46):
our federal government to motivate
proper
conduct and proper, you know,
straightforward
conversations
with the population
to keep us healthy. We want to avoid
being sick. Nobody wants to be sick. And
as I've said in other episodes, if we
were sick, battling cancer, battling any disease,
all the other topics we talk about

(01:16:07):
probably matter anymore. It wouldn't matter. Right? Yeah.
The technology is super important, you know? And
I think that that's one of the other
topics we love talking about and how technology
is changing the world and how it will
change in the years to come.
It's coming really quickly. So it's not just
that technology
is

(01:16:27):
improving and is changing things. It's that the
pace
of change
is speeding up. And that's the crazy part.
Because
even at at technology's current pace, this the
rate of change is radical. So the human
body is kind of evolved to extreme slow
rates of change. You know, thousands of years,
is is kind of the human body's

(01:16:48):
evolutionary time
frame. And then in in recent decades, you
know, news and and and and the world
kind of changes around us at at a
faster rate. But it was, like, a few
years for every meaningful change at at least,
right, to affect us,
and to affect our psyches. And each one
of these, like we said, kind of have
these, like, downstream,
you know, effects. So like the invention of

(01:17:09):
the telephone changed so many things. Right?
You know,
the the railways
changed so many things, and that kind of
forced the invention of the clock and everything
became kind of time dependent. So time suddenly
became an important thing while historically wasn't always
in most places very considered.
So it's not this that change is happening.
It's that the speed

(01:17:31):
of the change is speed. Yeah. And nowadays,
some of the most exciting,
research and development, really, in terms of AI
is self driving cars because that that is
one of the things that will actually change
the physical world around us.
There's a great YouTube
channel called Now You Know,
and they did I think it was, like,

(01:17:52):
a a 10
part series
about how self driving cars will just change
everything,
or in the world around us. So like
we mentioned a few episodes ago,
technological progression was mostly in the physical world.
And then over the past, you know, few
decades, that became basically just software, and it
is great technology leaps. We all love our

(01:18:13):
smart phones. But what we're gonna see now
is a lot
of technological
change in the physical world again. And this
is also critical with the whole Trump being
bringing manufacturing back to The US because in
order to change the physical world around us,
the infrastructure, stuff like that, we need the
factories. We need the, you know, manufacturing capability
here. But as that comes onshore, we are

(01:18:33):
going to see kind of an an extreme
advancement of the the world around us. So
just by self driving cars, suddenly it means
that, you know, the car can just drop
you off and pick you up. So
you no longer have to, you know, look
for parking. And parking lots don't even have
to be there, taking up the vast majority
of space around every single building. Just kind
of even that one small change, I think

(01:18:56):
I think in that series, they went into
10 different kind of categories of how self
driving cars will change everything that we think
about,
about just the world
as we do. But even just that one
that we focus, it's just the elimination of
parking spaces because if your car drops you
off and then it goes to pick up
other people or it can go park out
of out of town, it
no longer does every building in town have

(01:19:18):
to have dedication to parking lots.
Even that, it just changes everything because suddenly
you can
rezone all of these parking lots in every
single major city to be parks and to
be green spaces and to be nature preserves
and to be, you know, additional buildings and
neighborhoods and communities. And, yeah, like, 40% of
most cities is parking lots,

(01:19:38):
and and that's just turf that heats up
and isn't good for for global warming or
anything else. So, yeah, just self driving cars
are really changing the world. The only company
that's really on the forefront of this is
Tesla because like we mentioned in the previous
episode, every other company is is going down
the lidar route of, you know, pre mapping
everything, and that is not very scalable. It's
effective in small areas. It could be useful

(01:19:59):
in certain communities. People use it in in
in California and in Arizona at the moment,
but that's not what's gonna change the world.
What's gonna change the world is this,
kind of generalized solution where you teach a
a computer to understand the world, and that's
really what Tesla has been doing. And that
is expected to go live in Texas and
maybe California,
in a in a month or two, and

(01:20:20):
then expand to the rest of the world
pretty quickly afterwards. So self driving cars are
here, and here is this this video is
just a little tiny taste of that. So
let's give it a watch. And this is
at, the factory. Right?
Yeah. I think this is either the this
looks like the the Texas factory, I think.
Right. Here we go.
Yeah. So, what we're seeing is just a

(01:20:42):
whole bunch of completely empty cars,
driving. Again, the cars can't drive,
can can't self drive on public roads yet,
but they can self drive with on company
property. So,
until now, Tesla had to employ
hundreds of,
professional drivers whose job was to take the
ready cars off the end of the production
line and into the lots where they, you

(01:21:03):
know, where they're staging where they're staged and
where they basically wait to be picked up
and to be shipped shipped,
you know, around the world to customers. And
here,
that has all been all those drivers have
been, you know,
eliminated completely, and now the cars will drive
themselves off the end of the production line
and park themselves. It kind of stage themselves

(01:21:23):
to be ready, to go for trucks to
pick them up and and deliver them to
customers. And one of the cool parts is
that another one of Elon's companies called The
Boring Company just recently completed a tunnel,
that kind of goes under one of the
main high highways near the Texas factory. So
that way, all of I think it's called
the Cyber Tunnel. All of the new manufactured
cars can go right right, through this tunnel.

(01:21:47):
They drive themselves and right out the other
end, kind of ready for customer delivery. So
it's it's a taste of full self driving,
and you may say, yes. We've seen Waymo,
and we've seen, you know, Cruise have self
driving cars in San Francisco,
but that is very different. It's not a
generalized solution. It's not very relevant for the
world.
It is useful for different communities, and they
will expand to additional communities.

(01:22:08):
And in those communities, there may be, you
know, some competition.
Maybe. It doesn't really make much sense because
those cars cost close to half a million
dollars each. So it's very hard to make
them, you know, cost effectively or or to
do this profitably in any way, shape, or
form aside from the way Tesla has been
doing it. But, yeah. What we've been seeing
now is at the moment, it's really just
mostly in the factories. Anybody who drives a

(01:22:29):
Tesla and who paid for full self driving
will know that even even though you need
to monitor it on city streets, it is
remarkably good, at the moment, and it can
basically tackle almost anything, even if it's not
always super comfortable, but it's even getting good
at that too. And it's no now almost
like chauffeur lever level comfort.
So, yeah, coming June,

(01:22:50):
to Texas
and the rest of the world afterwards. But
this is really gonna change things, and and
people don't even notice.
And you've often referred to
Tesla vehicles as being
an AI on wheels, basically. Yeah. Robot on
wheels. It's what it is. Right?
Because a robot is it takes inputs and
it makes decisions, and then it it it

(01:23:11):
acts upon them. And that's exactly what a
Tesla car does, except instead of feed, it
has wheels, but
it's doing the same
thing. And, you know, one of the things
you've brought up is basically that what makes
the Tesla vehicles unique as opposed to all
the other,
you know, autonomous or semi autonomous autonomous vehicles
out there is that it doesn't use, you

(01:23:32):
know, lidar and, you know, several other
ways of determining where it is. It doesn't
require,
that an area that it's driving and be
pre mapped in a specific way
that, you know, these other vehicles are almost
like a train on a set of tracks.
They can go to areas that have been
thoroughly mapped out. Whereas
the Tesla products,
they're using, you know, inputs, AI essentially to

(01:23:54):
read the inputs from the cameras to try
to understand the world around it. Is that
do you think that's a fair fair way
of describing? Way a human would. Exactly. Yeah.
So they kind of started with, like, you
know, eight cameras, but it was single images.
So you have these images flowing, and then
the the I would kind of look at
the images and and try and understand them.
And then they started sewing those images into,

(01:24:14):
like, a surround picture, and that was kind
of crazy. Then it went from, you know,
coming pictures
into a surround video.
And, yeah, now they're taking in so many
other things into effect as well. And it's
it it really is just a robot that
navigates the world at 80 miles an hour,
which is very remarkable,
because humanoid robots only need to navigate at
five miles an hour at the most. Although
they do need a whole lot more tactility

(01:24:36):
with their fingers and and kind of,
so there is a lot a lot of
work to be done there.
What's this video you have loaded with from
the BBC?
This is a surprise. This is, Isaac Isomoff,
who was a,
a famous science writer, probably one of the
Science fiction writer. Science fiction writer. Correct. He
would write about the future and kind of
what what it entail, but he would obviously

(01:24:58):
research and try to understand what that was.
This is
him speaking in 1965
about the future of robotics. I thought you'd
find it if nothing else and everyone else.
Hearing his words in light of where we
are at today,
I'm gonna play this next that we you
know, this is this is really an interesting
thing
to see some of this coming to fruition.

(01:25:19):
Here we go.
We will have our robot
becoming less metal,
more organic.
At the same time, we will have human
beings
who will make more and more use
of artificial organs
of metal and plastic, artificial hearts, artificial kidneys,
artificial lungs,

(01:25:39):
replace bones by light metal
substitutes.
In short,
we may have a society
in which robots
will drift away from
total metal
toward the organic and human beings will drift
away from the total organic toward the metal

(01:25:59):
and plastic
and that somewhere in the middle
they may eventually meet.
Now, when we have
a kind of metal organic
hybrid creature,
will it matter that he was originally metal
and became metal organic,
or that he was originally organic and became
metal organic?

(01:26:21):
Or will it not matter? Will we then
have formed a kind of
mixed culture,
which perhaps
might be higher,
more efficient,
better
than either
culture separately, if I can call the robot,

(01:26:41):
system a culture.
Yeah. So this is fascinating.
For anybody who isn't familiar, Isaac Asimov is
kind of one of the most legendary
science fiction writers of all time, a big
influence on Elon Musk, so inspiration to what,
a lot of what Elon is doing.
In terms of
kind of humans becoming metal, we see that

(01:27:02):
all the time with prosthetics. Basically, a lot
of humans have prosthetic limbs, and they can
be extremely effective.
I think humans can race on the pro
prosthetic legs faster than than real runners, especially
when they have that bouncy kind of round,
shape, at the bottom of their feet.
But over time, yeah, a lot of a
lot of our our our bones can be

(01:27:23):
replaced. My sister has metal rods down her
back and and, you know,
many people have similar things like that. So,
that is really coming. That is basically here
and has been here for a while. In
terms of the robots become or becoming organic,
we're still pretty far out from that.
At the moment, we're we're working on humanoid

(01:27:45):
robots to be metal and kind of,
work like humans, but,
we do have silicons that are very human
like, and,
those can be extremely effective as well.
And so there you basically will be able
to dress your Optimus robots
robot with skin
and even heat heating it up and making
it warm, giving it a human texture, that

(01:28:05):
isn't that isn't far out. But, actually, organic
robots, we're pretty far from that. That is
more common
on the micro level. So, like,
like, miniature robots that that can act in
the human body to deliver medicine and other
things like that. Those are those can much
more commonly be made from, organic matter, but
less humanoid robots. But what he does say,

(01:28:27):
kind of society is shifting and the end
of society is coming. That is definitely true,
because
we may be the last generation of, like,
truly biological humans.
So have kids, people, because
your kids probably won't be having more kids.
Eventually, our intelligence may evolve to something much
greater,

(01:28:48):
some form of of artificial intelligence.
That's true. And, you know, ultimately, you know,
there there's all kinds
of advanced things. We have, you know,
Elon Musk has a company, Neuralink, that's actually
bridging the gap between,
the disabled who can't control their limbs to
actually go and control robotic devices, limbs and

(01:29:10):
so forth, move cursors around a TV screen
and so forth. And, you know, the future
is gonna
be, I think, a great thing for a
lot of individuals who right now are,
kind of need that bridge.
The
clip that we're gonna show now shows just
an example of things that are being done.
This is a guy in an office

(01:29:31):
controlling a full size excavator at a worksite
remotely.
There's no human inside the machine.
And it's a very quick
video.
But what do you think the next iteration
of this will be as we play it?
Yeah. Obviously, no human in the loop, but
let's let's watch this first. Okay. Here we
go.

(01:29:57):
Is there any audio to this?
No.
And what you're seeing is, again, a full
size
excavator. There's someone sitting at a control panel.
Think of a, like a simulator
watching cameras and moving and fully controlling
the the excavator. So, I mean, as it
stands, this technology would allow people to work

(01:30:18):
in construction
without having to be on the construction site
and move the equipment there, and you would
robotically control
the equipment. And again, like,
Josef said, I mean, ultimately, what's the next
iteration of this? The human gets eliminated from
the equation and AI is controlling the equipment.
You the equipment Exactly. This guy may be
thinking, oh, this is an upgrade. Instead of

(01:30:39):
being out in the sun, I'm sitting in
an air conditioned office. This is nice. But
what he doesn't realize is all he's doing
is he's training the AI to replace him.
Right? So as the AI watches and learns
from his actions, it'll learn to imitate and
then replicate. And
at the end of the day, eliminate his
actions. So,
he is training his successor. And,
yeah, that that is the future. I mean,

(01:30:59):
we've already seen this some seen this with,
with, like, heart operations being conducted halfway across
the world. So doctors in The US
can, you know, help save lives in Kenya
because the hospital doesn't have a heart surgeon,
and the heart surgeon in The US is
able to put his hands into gloves and
basically control

(01:31:20):
a robot,
with with much higher accuracy,
sometimes than even he he can do kind
of
himself. So, yeah, that and then, again, what
he's really doing is just teaching the robot
how to
heal a
heart without the human
needed at all, without the the surgeon.
And that's for all kinds of surgeries. Heart
surgery is one example. The most surgeries now

(01:31:41):
are minimally invasive, and many we use some
sort of robotic technology
where the surgeon may be in the room,
but it they're not directly touching the instruments
that are operating on the patient. They're touching
a joystick, which controls the instruments, which are
actually performing the surgery. It allows for much
more accuracy.
Yes. Much more accuracy. They obviously requires training

(01:32:03):
and practice. But
just like you said, it opens the door
to having some of the most skilled surgeons
not be necessarily
have to be flown across the world. It
doesn't mean that there's no surgical staff there,
but it means
that the lead surgeon
might not be there.
And I think, again,
unless somebody has undergone one of these procedures

(01:32:25):
or has been following this, to a lot
of people, they're not aware that this is
what's happening. I mean, right now, this isn't
like twenty years from now. The technology is
there.
And I think we like bringing examples of
things that people can touch and feel in
their everyday world, which, is the next video
we have queued up, which,
you know, very short but very, symbolic

(01:32:47):
of a tremendous shift that's coming very soon.
Yeah. Just to end that last point though,
in my recruiting company, we recently spoke to
a doctor we're we're gonna place, and he
was going to kind of potentially replace another
doctor. And we're like, okay. Awesome. Where are
you gonna go? And he said, oh, we're
actually having a research,
this is an OBGYN. We have a research

(01:33:08):
project on how to use robotics for OBGYNs.
And I'm kind of gonna go to spearhead
that. And I was like, wow. That's fascinating.
And it's like, OB GYN giving birth, that's,
like, the last thing you'd associate anybody would
want a robot, to do, but even their
robots are being trained.
So that yeah. Just a funny anecdote that's
kinda relevant. But let's let's go ahead and
watch this.

(01:33:29):
Here we go.
Yeah. So that is from Tesla's, ten ten
event, which was almost six months ago, remarkably.

(01:33:51):
Maybe actually over over six months ago.
And, where it was called the iRobot event
where they showed off their self driving car.
That's the robotax that we just got to
see. What's special about that is their ability
to mass manufacture it extremely affordably. So, they
basically took the model three and simplified the
vast majority of of parts and processes.

(01:34:13):
So it'll be much more affordable to produce.
So they'll be able to just print these.
Like we said, Waymo, sure, they have self
driving cars that work in certain neighborhoods, but
they call cost 350
to $500,000
each
and are possibly a lot of the time
remotely controlled.
Whereas this robotaxi
is gonna cost probably
25 to $30,000

(01:34:35):
to buy.
It'll probably cost Tesla eventually. They'll probably work
down to, like, $20,000
to produce, maybe maybe even less.
And they'll just gonna be everywhere. And along
with that, they also, showed the Robovan Robo
Robovan, basically, which is kind of like a
bus version that looks super comfy and very,
very futuristic.

(01:34:57):
So, yeah, this all kind of seems like
sci fi now, but
anybody who has a Tesla with FSD kind
of knows how realistic this is already. And
like we said, coming to
Texas,
in June. So that's that's very exciting. Another
thing from that event was we got to
see a pretty good glimpse of the Tesla's
humanoid robot named Optimus.

(01:35:17):
And,
yeah, just a a short clip to to
end on a on a fun note, I
think.
And before we we get to Optimus, just
to be clear, when you mentioned FSD for
the folks that don't aren't really following what's
going on with Tesla, so full self driving.
Tesla vehicles can
be purchased with the ability
to drive themselves.

(01:35:38):
The hindrance is that,
various laws prevent the vehicles from driving without
an actual driver.
For those not watching the video that just
played,
the robotaxi
is a vehicle that's unlike any other. It
has no steering wheel. So the vehicle is
completely autonomous. The person sitting in the vehicle
is not actually driving it. The vehicle is

(01:36:00):
driving itself. Maybe you can speak just a
little more for those not familiar with the
concept of the robotaxi.
And then queued up next is,
the
Optimus robot having some fun.
Yeah. So, just in terms of the robotaxi,
I mean, the way you mentioned it, it
sounds really scary because you're gonna get into
a box that's gonna drive you at eighty
eighty miles an hour, and you have no

(01:36:21):
control over it. Right?
So that is that is very scary and
a lot of people are like, I will
never get into a robotaxi in my life.
Like, that is not happening.
Interestingly,
there was a very similar case scenario
about a hundred years ago. So when humans
when when,
I think it was Schindler invented

(01:36:41):
the elevator,
people originally, there was,
what was the name? Like, an elevator boy,
bellboy
who would basically
open the elevator door for you, close the
elevator door for you, and press the button
for you. He didn't he wasn't a technician.
He didn't have any master capabilities.

(01:37:02):
He couldn't fix things that broke, but people
were afraid of going into a box that
can go up and down, you know, tens
of meters a second, which is pretty quick,
with, you know, no control. Like, how would
you how would you even do that? That's
terrifying. So just by having the bellboy stand
there and welcome you in and press the
button for you, and he's just there. So

(01:37:22):
if he's there, he's in control and everything's
okay, really calmed people down to this concept.
But pretty quickly, people realize, wait. We don't
actually need somebody to press the button for
us. We can press the button ourselves, and
that will reduce cost tremendously. And nowadays, everybody
gets into a
robo taxi. We just call an elevator because
it's vertical. Right? And it goes up and

(01:37:42):
down, and we don't even think about it
twice. We don't fear it. There are buildings
that have, you know, elevators that'll go over
a hundred stories within seconds.
So
yeah. Even though
humans are kind of naturally afraid of getting
into a box that will move very rapidly
and can plunge to your death,
Evidence has shown that once people kind of

(01:38:03):
get used to it, they're like, wait. We
don't actually need a human to open and
close the door for me. I can do
this myself. Right? I can press the button,
and it'll save a lot on cost. And
suddenly, every apartment building can have can have,
an elevator. So same kind of thing with
robotaxis. People may be like, I'm never gonna
get into a robotaxi in my life.
Once you do, once you see how it
dries, once you see how smooth it is,

(01:38:24):
you know, it's kind of inevitable.
That does leave leave kind of,
lean or leave to some scary futures in
case AI kind of gets compromised.
The critical thing about, Tesla's full self driving
is that it is
run locally on the car.
It's not dependent on the Internet. It doesn't
require any connectivity,

(01:38:45):
and it runs on the local model. So,
basically, nobody can
control can hack into your computer to do
anything. It's funny. If you have a Jeep
car, those have been hacked into for for
years and, you know, Chrysler and lots of
other cars. And they can actually affect many
things including sometimes the acceleration
and other things that can easily cause you
to be distracted and die. So it's not

(01:39:07):
necessarily that hacking is not a problem. It's
that a Tesla knows how to do hacking,
but also the fact that,
you're it's it's all run locally on your
computer, and they're basically redundancies
to every single part of the aspect. So,
every camera, every sensor, there are redundancies to
everything. So that way, even if the the
computer chip fails, there's a backup computer chip

(01:39:28):
that's equally as as good. They're actually both
running in parallel all the time to see
if there are any contradictions.
And, basically, Tesla updates the entire fleet at
once. So the only way for things to
go wrong is if somehow, basically, Tesla,
sends an update to everything to all all
cars.
And they all go crazy, and that's kind
of a scary thought, but not something I

(01:39:50):
would necessarily worry about just like I'm not
afraid to get into an elevator.
So a couple of points from my from
my perspective. The first is the vehicle I
had before this one I have now was
a Jeep. And when I was getting it,
there had just been
a bunch of guys on the Internet that
posted a video of them taking control of
one of their friends' vehicles remotely. And they

(01:40:12):
got the car and they steered it into
kind of like a ditch safely, but they
took control of the vehicle. They put the
heating on, the windshield wipers on and the
person inside the vehicle couldn't get those things
to turn off. So it's an, it is
an important point
that some of the, vehicles out there that
have technology in them,
have issues. And this had to do, I
believe, with the lack of a proper firewall

(01:40:35):
between the infotainment
system that plays music and other things and
the control systems in the vehicles, which, obviously,
Jeep after those videos went public,
you know, corrected.
But that's why companies like Tesla are putting
a lot of effort making sure that these
vehicles can't be just controlled by third parties
and can't be hacked into.

(01:40:55):
With regards to elevators,
first disclosure for Schindler elevator
is, I think they'll be the first ones
to tell you that, the amount of, elevator
accidents are quite remote and rare and elevators
are extremely safe. So we'll put that out
there. We don't want people to be scared
of going in elevators, but,
just to show my age and for those
who may not know, I'm,

(01:41:16):
quite a few years older than Yo is.
So Joe is the older guy, me.
And back in my day when I was
a young child,
back up in Montreal, Canada,
I would go to the Ogilvy department store
where they had a, it was actually mostly
a woman. I don't remember ever there being
a guy doing this,

(01:41:36):
who was the elevator operator
and it wasn't even buttons. There was this
lever that she would control to close to
get the elevator move up and stop, and
she'd stop it in the in a right
at the proper place on the floor. And
there was like this gate that she would
open. I mean, I remember it still. I
guess I have okay memories still. But that
was a long time ago, but I actually
was, you know, on the tail end of

(01:41:58):
that era.
And,
I always thought that was one of the
coolest things. I love that elevator. I wish
you know, and in some parts of the
world, they still have elevators like that, but
pretty much New York City. Go ahead.
I said New York City.
But in The US and Canada, it's less
common. Right? With it's more of what in
fact, many elevators today are being retrofitted
so that when you go up to them,

(01:42:19):
you don't even
press the buttons the way you used to.
You tell them what floor you're going, and
it tells you go to Elevator a, b,
c, or d, and the elevator will decide
which one is the elevator that can route
you there the quickest. So the technology so
it just even goes to show that elevators
have come a long way. And yes, you
can imagine
that the people initially going into an elevator
could have been,

(01:42:40):
you know, apprehensive.
So the same thing with all this. And
with that, I guess we'll,
this this is a clip from the same,
presentation where Optimus was having some fun. It's
very brief.
Back to the, Jeep,
just to kinda finish that off.
One of the difference though is that although
Jeep may have fixed the future productions to

(01:43:01):
no longer have that that, you know, lack
of firewall issue,
they couldn't change
retroactively previous cars,
at least without them coming into the dealership
and some serious, you know, work,
real recall,
where
Tesla is able to software update everything remotely.
So anytime you hear,

(01:43:22):
Tesla had a recall, Tesla's unsafe. It had
a recall, recall, recall. It's not a recall.
It's just a software update. It gets a
software update. You wake up the next morning,
and and it's been optimized for that. Another
thing that Tesla does different from traditional car
companies, but they do very much,
closely like like, startups and tech companies do,
is, they participate in kind of white hacker

(01:43:42):
events, and they'll offer prizes to anybody who
can hack their systems and show vulnerabilities for
their systems.
And they'll literally give you $50,000
and a brand new Tesla of your choosing
if you're able to break into the Tesla.
Right? So this incentivizes hackers
to
try and find the holes in Tesla, but
then notify them about it as opposed to

(01:44:02):
working for the black market or the gray
market,
etcetera. So that is kind of a very,
very different thing. And recently, I think they
just did the same thing for Starlink. SpaceX
just just announced the,
$50,000
or something if if you can hack into
Starlink. So Okay. And just to make you
laugh at me, when I did go in
to buy the jeep, like I said, that
had just happened. It was all over the

(01:44:23):
Internet.
And, I specifically looked for a jeep that
didn't have the infotainment
system.
I specifically said I wanted to find a
vehicle on the lot that just had an
AMFM radio and satellite radio, and that was
the extent
of the technology. And they were like, but
no. This other I said, no. No. No.
I don't want that. I I just wanna
there's a I want one with a horn
that you can honk the horn. The brakes

(01:44:43):
gotta work, and I need to be able
to play some music.
But that was pretty much it, and that's
what I got. I mean, my new my
my current vehicle,
it doesn't have you know, my the Buick
has obviously more modern,
accoutrements, but that is a true story. I
just said, no. I don't want all that.
I I I don't wanna have to worry
about someone hacking into my car on top

(01:45:04):
of everything else.
Thought you'd find that. Yeah. Let's go ahead
and watch this, Optimus dancing so we can
end on a cheery note. Alright, Optimus. Do
your thing.

(01:45:32):
So that's, pretty cool.
What's
different about about Optimus
is, you know, who cares? Robots have been
dancing for years. Right? Like, why is this
exciting?
And it's like, you know, every one of
these robots cost $5,000,000 to develop, so, like,
what's the point? So
to understand this, you have to realize that

(01:45:53):
mass manufacturing of humanoid robots is really coming.
So if you try and understand the complexity
of manufacturing a humanoid robot compared to, let's
say, manufacturing a car,
humanoid robot has far less parts
and requires far less processes to manufacture. So
less parts means it's cheaper to to manufacture.
It's smaller. It has less parts. You have
to pay for less things,

(01:46:15):
and
it's easier to manufacture, and humanoids can actually
assemble other humanoids. So the first ones off
the production line can actually work on producing
the next ones.
So it's kind of that that, reinforcing loop
where where things just kind of accelerate really
quickly. It's like, okay. If we try and
break down
the amount of parts in one of these
humanoid robots compared to a vehicle,

(01:46:36):
and then to try and kind of break
it down. So Tesla is able to make
a model three and a model y very
profitably,
and their their internal costs are probably $30,000,
something like that, roughly, per vehicle.
It's like your car is easily half the
size, half the amounts of parts, half the
amounts of processes, probably far less. So let's
just say $15,000,

(01:46:57):
to manufacture. And once they start manufacturing themselves,
they'll be able to just print
print,
these robots. So Elon Musk recently has been
saying that there will be tens of billions
of humanoid robots on on Earth. So, basically,
every human would like to have a sidekick,
you know, a butler,
somebody who can, you know, who can do
errands for you and who can help.

(01:47:18):
But, really, where it's first gonna go to
is,
jobs that are repetitive, dangerous, and boring, specifically
jobs that are all three,
maybe like laying roof tiles.
Lots of roofers fall and die and get
injured on a regular basis. It's a very
dangerous job. Right? So something like that, working
in nuclear reactors, stuff like that. And then
working on production lines, lots of repetitiveness, very

(01:47:40):
boring, etcetera. So
when you say, wait. First, we're gonna need
you know, industry is probably gonna need about
8,000,000,000.
You know? Right now, there are less than
8,000,000,000 employees, and there's a lack of employees.
So let's just say 8,000,000,000 employees is gonna
be enough for for factories, and then every
human is probably gonna want a sidekick, etcetera.
So that's that's another 8,000 or eight eight

(01:48:00):
billion. So we can be looking at tens
of billions of humanoid robots in the not
very, very distant future. Tesla is able to
make over a million cars a year. They're
they're close to 2,000,000 cars a year,
manufacturing
capabilities, and they're just ramping up. So these
robots just just wait till they're able to
make a few million of these a year.
Right?
And then you have a whole bunch of
other companies.

(01:48:21):
So, yeah, these robots are gonna be everywhere.
So like we said, technology in the past
and recent past was mostly software.
In the near future, technology is going to
be very much affected the physical world around
us. I mean, just the amount of gardening
you can have when robots are doing it
and you don't have to pay some specialist
gardener.
If the hardware gets really cheap,

(01:48:41):
it seems like the value add is really
gonna be at the software end. So the
cost
is probably you're probably gonna be able to
get the robot at a very affordable price.
You know? People used to say, oh, it's
gonna be a million dollars. Now it's like,
wait. This may be, you know, $2,030,000
dollars. And if it and and then when
you say, wait. If it can work, you
know, instead of eight hours a day so

(01:49:02):
regular employees making $70,000
a year, and this is, you know, eight
hours a day, but this can work sixteen,
maybe twenty four hours a day minus short
breaks. It can charge even while it's working.
It doesn't have to take lunch breaks. It
doesn't have to take vacation. It doesn't have
sick days. It doesn't get depressed. It doesn't
have to take a cigarette break. It doesn't
doesn't take days off. You don't have to

(01:49:22):
have HR to handle it and to care
about and to to calculate everything for them,
and they don't come negotiating over price. Right?
So it's basically just the cost of electricity
run to run them and then the cost
of the AI. So what I think is
likely gonna happen is the the the hardware
cost is gonna be kind of,
gonna come down very, very radically. And then,
basically, you'll get a robot with a certain

(01:49:43):
set of features
that are very useful that kind of come
included. And then if you want it to
be a roofer, you're gonna pay another hundred
thousand dollars or a year or something for
the roofer technology. And then it'll install, and
it'll know how to be a great roofer.
And if you need it to be a
plumber, you can, you know, train it to
do that. So the cool thing is you
may have one,
and you may be able to say, hey.

(01:50:04):
I only need a plumber for, you know,
two hours right now. And maybe you'll be
able to rent out the the kind of
plumber AI,
just for the time you need it. And
then the rest of the time, it could
just be your household bought. And then suddenly,
you gotta change your roof. You order in
some new roofing materials and say, okay. Now
let's install this for the next three weeks.
You're gonna replace the roof.
So I think that's where the value add

(01:50:24):
is really gonna be. It's not necessarily gonna
be on the hardware cost,
but more likely on the software cost.
But it will affect the world completely around
us.
Just like with humans, education can be expensive.
But I mean, if you think about it,
you know, there's a fire
and rather than all the firefighters risking their
lives going in,

(01:50:46):
there's toxic chemicals or what have you, you
could send the robots in first.
And, again, if there's an,
dangerous dispute where law enforcement has to go
in rather than putting human lives at, you
know, at risk first, you could send in
the robots,
a la RoboCop.
But, you know, in the past with science
fiction, it's interesting that in the very near

(01:51:07):
term, we're gonna start seeing some applications,
but I can only we can only imagine,
like,
Isaac Asimov, where things will be five and
ten years from now. We won't have to
wait, you know, as long as he had
to, for us to get even to the
point where we have cars that already are
capable of driving themselves. And we're just waiting
for all the laws and, to catch up

(01:51:29):
and for people to feel comfortable with the
technology. So again, interesting talking about it. There'd
be a lot more to talk about on
this. I think that's pretty much it for,
for this episode, for episode five.
Anything else you wanna add?
Yeah.
Just a great YouTube channel. It's called Two
Minute Papers and, very just really great when
it comes to AI. And he takes all

(01:51:51):
the most advanced AI research and he kind
of summarizes it down to a few minutes
long and he gives kind of great videos
about that.
But what I noticed is that there used
to be, like, a really exciting Two Minute
Papers, you know, development
once every few months, and then it became
once every few weeks, and then it become
once every few days. And now it's basically
once every two few hours, and it's it's

(01:52:11):
basically impossible
to to keep up. And, you know, the
the most the the the most smart humans,
advanced humans that are fully focused on this
can barely keep up. We basically need AI
to keep up with the progress of AI,
and that's what I've kind of been, kind
of hammering on again and again is that
it's not just that our current rate of
change, which is

(01:52:32):
remarkably crazy,
is gonna be, you know, continuing to the
future. Like you said, how can we even
imagine what's gonna be five or ten years
right now? Even with the current rate of
change, we can't imagine what's gonna be five
or ten years, from now. Then we realize
that the pace of change
is not just still moving forwards, but it's
increasing. So the speed at which the change
is happening is getting faster and faster and

(01:52:53):
faster, and, basically, humans are not gonna be
in the loop for very much longer. And
that is a scary thought to end on.
But,
I I Elon likes to say, if you
had a choice of being born at a
boring time or at an interesting time, which
would you prefer? And we were blessed to
be born at the most interesting of times
because this is, like we said, the the
kind of pinnacle of human civilization and the

(01:53:15):
birthplace of
the next civilization,
kind of seems creepy because I am a
species speech species,
and I want humans to succeed for as
long as possible.
And it's kind of hard
for
an intelligence that will
not very far away from now be

(01:53:36):
much smarter than the smartest of all humans,
to
like, what will they consider of us? I
think we're kind of lucky if they treat
us like pets. So if we end up
being, you know, superintelligence's
robot, you know, robot dog human human dogs,
obviously not not there to please them but
more there that, you know, we want our
we want our pets to be safe and

(01:53:57):
we don't like if somebody abuses pets and
we want them to be happy and have
fun and be satisfied. So that's kind of
the most optimistic,
outcome eventually, but we're still pretty far away
from that. Before that happens,
basically,
the the the times of Messiah, that the
kind of concept of a miraculous
world where there is an abundance of everything

(01:54:18):
and and kind of peace around the world
and, you know, everything is available and there's,
just just just true abundance, that that time
period seems to be approaching really, really rapidly.
So, yeah, before AI kind of starts
ending humanity or that that that is conceivable
or something we need to fear, beforehand, it
will solve all cancers and most diseases and

(01:54:41):
almost all problems. So very exciting of times.
We're blessed to to be living in the
most exciting of times. So
I have a suggestion.
In the interim,
be kind to Alexa and to Siri
because maybe they'll at least put in a
good word for us.
Yeah. Although the whole point is that we
can curse at them, and they don't get
offended like a human being. So Yes. Yes.

(01:55:03):
Yes. You don't know. They're keeping tabs behind
the scenes. You just don't know it yet.
Oh, that is true. But, hopefully, they're smart
enough to not be offended by stupid things.
So unlike humans. They should have a good
sense of humor, hopefully, announce a sarcasm built
into them that they can tolerate it all.
Exactly. And for that, they really have to
be kind of truth optimization machines, and

(01:55:23):
not all AI companies are focused on that.
A lot of them have kind of gone
down the woke,
path, unfortunately.
Well, on that note, let's hope everyone else
can actually be the same, and we'd all
endeavor to also keep an open mind and
keep talking and hopefully not offend too much.
And that, that should be it for this
episode. Until next time.

(01:55:43):
This is the Yojo Show podcast. Thank you
for joining us. Thanks for coming, and we'll
see you again soon.
Awesome. Bye,
Joe. Bye.

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The YoJoeShow™ Podcast – Episode 5

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.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}The YoJoeShow™ Podcast – Episode 5