January 17, 2025 • 58 mins
🎙️ Welcome to the Next Episode of The JMOR Tech Talk Show! 🚀✨
🔥 Get ready as we unpack this week’s hottest tech stories, breaking down everything you need to know to stay ahead in the digital age. Whether it's groundbreaking innovations, corporate shake-ups, or the latest industry drama, we’ve got you covered!
🛠️ Topics on Today’s Episode 1️⃣ 🚀 US backs Musk in OpenAI lawsuit. 2️⃣ 🤖 TSMC starts 4nm chip production in Arizona. 3️⃣ ⚖️ Infosys countersues Cognizant over anti-competitive practices. 4️⃣ 🏳️ Amazon scales back diversity programs. 5️⃣ 🎯 TikTok faces potential U.S. ban. 6️⃣ 🔄 Spotify recovers from widespread outage. 7️⃣ 🛑 Zuckerberg criticized for misleading statements on content moderation. 8️⃣ 🚘 Honda and Nissan explore merger opportunities. 9️⃣ 🛡️ Unacast reports data breach to Norway. 🔟 🌱 Flint unveils biodegradable paper battery innovation. 1️⃣1️⃣ 🔥 Zuckerberg criticizes Apple’s policies and innovation. 1️⃣2️⃣ 🏈 Prime Video enhances NFL broadcasts with AI and stats. 1️⃣3️⃣ ❌ UK universities exit X due to misinformation concerns. 1️⃣4️⃣ 🎨 Fusion startup opens with tech-art spectacle.
🎧 Catch the full episode within 24 hours at The JMOR Tech Talk Show and explore exclusive content at BelieveMeAchieve.com. Don’t miss out! 🌟
📌 Subtitle: Unveiling Tech Trends: Lawsuits, Innovations & Industry Shakeups! #TechTalk #AIInnovation #CyberSecurity #FutureTech #TechUpdates #PodcastLife #DigitalTrends #SmartTech #InnovationMatters #TrendingTech
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:01):
Hi everyone, I'm John C. Morley, the host of
The JMOR Tech Talk Show and inspirations
for your life.
(00:54):
Well, hey guys, how are you?
It is John C. Morley here, serial entrepreneur and
you are watching The JMOR Tech Talk Show
Show and today is Friday.
Yes, Friday, January 17th, 2025.
Welcome everyone and this is our third show
and we are in series number four.
(01:16):
Welcome everyone, this is going to be a
great show here today.
Tech Unleashed, Lawsuits, Innovations and Game Changing Trends.
We're on series four and this is show
number three.
Once again, everyone, welcome to The JMOR
Tech Talk Show.
You can always catch this show and other
(01:38):
shows and other great short and long form
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is, to BelieveMeAchieve.com.
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(01:59):
maybe that's something sweet, maybe it's something sour,
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the show kicked off.
All right, everyone, so we have made a
change to our format in January of 2025
in series four in that when we do
(02:19):
our shows now, they are 58 or 59
minutes to hold to a standard because more
and more places are actually starting to carry
our show.
Thank you to many of the cable stations
across the United States and we've even got
some in Europe that are starting to stream
our content.
Very, very grateful for those people that have
found value in what I'm doing.
(02:40):
All right, everyone, so welcome to The
JMOR Tech Talk Show.
I am your host and podcast coach, John
C.
Morley, serial entrepreneur.
Thank you so much for being here.
It is really great to be with you.
So, get ready as I unpack this week's
hottest tech stories, breaking down everything you need
(03:00):
to know to stay ahead in the digital
age, whether it's the groundbreaking innovations, corporate shakeups
or the latest industry drama.
I've got you covered, ladies and gentlemen, so
just sit back, relax and enjoy the show.
All right, everyone, so our first topic that
I want to get right into, and I
(03:20):
think it's a pretty interesting one, and this
is in regard to Mr. Elon Musk.
So, the U.S. supports Musk's argument in
the OpenAI lawsuit.
The U.S. antitrust enforcers, including the Federal
Trade Commission, FTC and Department of Justice, DOJ,
(03:43):
have provided legal analysis supporting parts of Elon
Musk's lawsuit against OpenAI's transition to a public
company.
Musk alleges that OpenAI, co-founded by him,
engaged in anti-competitive practices in collaboration with
Microsoft, including investor restrictions and shared board members.
(04:05):
While not taking a stance on the lawsuit,
regulators highlighted the legal implications of board member
affiliations and investor boycotts.
OpenAI and Microsoft deny wrongdoing with OpenAI labeling
the claims as harassment and lacking evidence.
The case underscores ongoing regulatory scrutiny into AI
(04:26):
partnerships and antitrust concerns.
So, ladies and gentlemen, regardless of whether we're
talking about Microsoft, Google, Amazon, they all play
games, right?
And so, I want to tell you that
it's important to understand that, ladies and gentlemen,
it's really about this whole thing of doing
(04:51):
the right thing, right?
And I think sometimes people, they don't do
the right thing, and not to single out
one company, but they get greedy, and they're
in it, ladies and gentlemen, just for the
money.
So, I know personally, I think that moving
OpenAI to a publicly traded company probably would
(05:12):
be a bad idea, because even though there's
going to be some companies that are going
to use the technology for profit, to have
the whole conglomeration as a not-for-profit,
I see that to be a really, really,
really, really big problem.
And so, I want to let you know,
ladies and gentlemen, that this is going to
(05:33):
take some time, all right?
But the question is, will the DOJ let
OpenAI become a public company?
And although I can't say 100%, I'm going
to say I don't think they want it.
They've announced the plans on December 27th that
(05:54):
they want to transition to become a public
benefit corporation.
And they were operating originally for the greater
good of the society.
So, I see this as a problem.
They claim that they want to keep the
not-for-profit going, but I think that's
(06:14):
going to be really a big conflict of
interest.
You let me know, because I think that's
a big problem.
And I know you're probably saying, hey, John,
this is a little bit nuts.
Well, it's not nuts, ladies and gentlemen.
It's the fact that people sometimes don't understand
(06:37):
why things are done away.
And then when they can't get what they
want, they decide they want to flip things
or change the whole stage.
But making OpenAI public will not be good.
So, I just want to say this.
So, making OpenAI public is a bad idea,
(07:01):
in my opinion, and there's lots of reasons
for it.
But making OpenAI a public company, that's what
they're trying to do.
OpenAI leads the AI research lab, and Elon
(07:21):
runs a competing AI company, and he's asking
the court to stop from effectively pursuing the
mission.
Elon created the public benefit corporation, Open Artificial
Intelligence Technologies.
So, he's saying it's a bad idea.
But this is the thing now.
Elon seems to be drinking out of both
(07:44):
sides of the cup too.
Is this really for Elon's benefit, or is
this for the world's benefit?
Because let's face it, all these people, they
don't do things all the time for the
greater good of good.
I'm sorry.
Again, with the charitable, let's say, notion that
(08:05):
it had, people were very interested in OpenAI
because it wasn't generating a profit.
But now, that whole thing is going to
change if this goes through.
But my big question, this is my big
question, will the government allow OpenAI to transform
(08:26):
to a public company?
And I don't know.
So far, it seems like it's going through.
But remember, the company was based on the
roots of non-profit.
(08:48):
And so, when you do something like that,
and then convert to a for-profit, it's
like you pierce the whole veil of a
not-for-profit entity.
So, this is according to Sam Altman, who
made the comment that it's thinking about restructuring,
(09:11):
but said the departures of the key executives
the day before weren't related.
Of course, they weren't.
So, I don't really trust Sam, to be
honest.
He's lied in the past, not to get
into all the details.
But any excess profit would go back to
the non-profit.
So, they set up a new for-profit
(09:32):
corporation for a cap on the amount of
profits that investors or employees could reap, and
put the non-profit and its board in
charge of the new entity, 2019.
Any excess profits would go back to the
non-profit.
This was Brockman and Sutsker had explained this
in practice.
A little money has gone back to the
non-profit in recent years.
(09:53):
Brockman has been on leave since August, leaving
Altman one of the few early leaders.
And this was around 2019.
So, this was a while ago.
But I think the question is, if it
becomes a public company, is it going to
make open AI really expensive that the world
(10:13):
can't afford it?
I don't know.
I think that's a problem.
I think a lot of people don't really
understand what's going on, but this could really
complicate things.
And also, from a, let's say, a security
standpoint.
So, we'll keep an eye on this, ladies
and gentlemen, and we'll definitely let you know
(10:34):
what's going on there.
Ladies and gentlemen, my friends over, yes, TSMC,
in case you guys didn't know what that
stood for.
So, TSMC is Taiwan Semiconductor Manufacturing Company.
And they have begun producing advanced 4-nanometer
chips in Arizona.
It's a milestone held by US Commerce Secretary
(10:56):
Gina Raimondo as a breakthrough in domestic semiconductor
manufacturing.
Now, remember, they were only scheduled to do
five or six.
Now, they're doing four-nanometer technology.
That's like unheard of.
So, this achievement follows a $6.6 billion
grant from the United States government to support
TSMC's Phoenix-based facilities, part of the $52
(11:17):
.7 billion semiconductor subsidiary program initiated in 2022.
The company has expanded its investment to $65
billion, planning three fabs in Arizona by 2030,
including a second facility to produce two-nanometer
chips starting in 2028.
That's so amazing.
(11:38):
Amcor Technology is also building a $2 billion
advanced packaging plant nearby, further boosting Arizona's role
as a semiconductor hub.
These efforts aim to raise the US share
of global leading-edge chip production to 20
% by 2030, with TSMC and Apple leading
the charge.
(11:58):
Now, my only concern, ladies and gentlemen, about
TSMC, I don't know a lot about them
from their management and things like that.
They have a very good, let's say, plan
with the way they make the chips.
In fact, it's so proprietary that they don't
even allow people in their facility that don't
work for them.
In fact, one of the reporters that went
(12:19):
there had to go through so many checks,
and he was only able to record certain
things because they didn't want some things getting
out, so they were very, very careful.
And TSMC is having an Arizona Day at
the college so they can recruit people, but
they're bringing people from China too.
The question is that TSMC, the building is
(12:42):
owned by the United States.
The business seems to be co-mingled between
TSMC and...
So that's a very, very big thing.
I don't know.
(13:03):
It's a little bit crazy.
It's crazy, right?
I think a lot of people don't realize
it.
And I think some people are confused, right?
(13:33):
I think people don't know what TSMC's intentions
are, and that could be a problem.
And I think some people don't quite understand
(13:56):
that it's about a whole culture difference.
So this is the big question.
Who owns the TSMC in Phoenix?
Who owns that?
So they are going to make, or they
(14:18):
have made one of the most advanced chip
fab facilities.
TSMC is going to add more staff.
But the question is, who owns the TSMC
business in the US?
And that's a tricky question.
(14:44):
I think it's a partnership and they're obviously
on US soil.
So there's a lot that the US can
do, but I'm just concerned that the US
is going to get a fair shake at
this and that they're not going to be,
let's say, overly charged.
(15:08):
The one good thing is that the chips
being made here will be exempt from that
20, 30 or 40% surcharge that Trump
is attempting to put on things very soon.
So we'll have to see, but I think
it's great that we're going to have four
nanometer chips.
That's amazing.
Apple wants to use them.
So I think that's a really good thing
(15:29):
that we're going to start to see production
being used for things right here in the
United States.
And more of that is on the way,
ladies and gentlemen.
In other great news, well, we have another
little situation that has unfortunately come up.
Infosys accuses Cognizant of anti-competitive practices.
(15:53):
India's Infosys has filed a counterclaim against the
US-based Cognizant in a Texas federal court
alleging anti-competitive practices such as restrictive contract
clauses preventing clients from engaging competitors and targeted
recruitment of key Infosys executives, including Cognizant's 2023
(16:14):
CEO hire S.
Ravi Kumar.
And so Infosys claims these actions hindered its
ability to develop its Infosys Helix software.
The case follows a 2023 lawsuit by Cognizant's
subsidiary, Triseto, accusing Infosys of misusing trade secrets
related to healthcare insurance software.
(16:37):
Infosys seeks triple damages, attorney fees, and other
costs while Cognizant refutes the claims, emphasizing fair
competition.
It's funny, nobody seems to care and do
they do care?
What do I mean by that?
Well, nobody cares about something until somebody else
is making money or making more money than
(16:57):
the other person.
It's like when they're making less money, it's
no big deal.
When they're making about the same, it's no
big deal, but they're concerned.
But then as soon as they start making
any more, it's like, okay, we got to
sue them.
And I get the reason for it, but
I think they should have been able to
work out an agreement like, hey, if they're
making money, well, maybe they got to pay
(17:18):
the parent company something back.
I mean, they're playing childish games and I
think this is like really, really, I mean,
stupid.
But we'll keep following the story for you.
I'll let you know what's actually happening there.
So Amazon, is set to cut certain diversity
programs.
Amazon is winding down some of its diversity
(17:40):
inclusion programs that they announced in December's memo
to employees obtained by Reuters, Thompson Reuters.
The announcement reflected a shift in companies' internal
initiatives, though further details on the affected programs
are unclear.
The decision comes amidst broader discussions in corporate
America about scope and impact of diversity efforts.
(18:01):
I think what it really comes down to,
if I had to guess, it's not stated
here, but if we read between the lines,
it's about money, ladies and gentlemen, it's about
money.
And so when they've hit some of its
DEI programs and stopping them, Amazon only does
(18:23):
things to make money.
Okay.
And so if something is not making them
any money, guess what they're going to do?
They're going to get rid of it.
It doesn't matter what diversity, what inclusion, what
it means.
Okay.
It doesn't really matter.
It comes down to the bottom line.
What kind of dollars are the company netting
(18:45):
at the end of the day?
That's a really simple answer for everyone.
And that's the whole thing.
So we'll definitely keep an eye on it,
but I am a little disappointed in Amazon
that they would do something like this because
they try to put their best foot forward
and then they go and put their foot
right in their mouth.
(19:05):
So I have a lot of disrespect for
them, unfortunately, because of the way they operate.
They're just a price hungry, profitable machine.
They don't care who they harm, who they
hurt.
They're just part of that big corporate umbrella
that just does anything and everything to keep
staying afloat.
(19:26):
Another one I'll give you is Cisco.
Okay.
So Cisco always is a sore thorn with
me because of something that happened many years
ago.
So we're in business over 31 years about,
oh, I'm going to say probably at least
15 years ago, we were still going to
(19:48):
Cisco's conventions where they invite you, they wine
and dine you, they take you to things
like cigarette boats and all these crazy things.
But at the end of the day, I
just want to get a better price so
I can give it to my end users.
They just want to take you out to
dinner, all this stuff.
Well, I remember having a conversation with somebody
and they're telling me that they're going to
(20:09):
get rid of the Cisco Unity phones, the
system that they have.
You now have to buy a completely new
system.
So that small system that we had invested
money in so that we thought that was
going to be great for partners and stuff
like that, turns out they say they want
to basically support small business, but small business
(20:35):
to Cisco is not what we consider small
business.
They consider small business a hundred or more.
So what is small business?
If we had to think about it, number
of employees, it's pretty easy.
Small business is usually defined basically by small
(20:56):
companies.
Now, according to the larger scope, it ranges
from 1 million to over 40 million.
That's not really small business if we want
to think of it like that.
Okay.
The average startup in 2019 had 3.3
employees per business.
(21:17):
That's small.
When we think about an average small business
probably has 15, 20 employees, maybe 30, maybe
50, something like that.
But the thing is it's not a hundred,
it's not 500 employees.
(21:37):
Cisco thinks that's what it is, but I'm
getting off topic here for a moment.
What I want to tell you was it
was about, so we stopped working with them
about 15 years ago, roughly.
And so in that end of that year,
not only did I get annoyed for what
they did to us and to other people
and how they were going to hurt our
clients, I said, we got to do something.
(21:59):
We have to like duck these people.
And so then I heard them buying all
these companies and that's not so good because
Cisco's not really making innovations.
They're just taking what they have and slapping
stuff on it.
That's just what I've seen.
We've had issues with phone systems crashing because
a firmware was not updated, but you can't
(22:21):
get the firmware because your phone system's not
in support anymore.
It's just a real terrible thing.
And so I remember right around the end
of that 15th year, actually, we didn't go
to the Cisco conference that year.
That was the one year we didn't go.
So it was around, I think it was
around maybe mid summer.
And we had a client of ours who
(22:42):
owns a dentist's office in a part of
New Jersey, and we did a network for
them.
And the Cisco business switch was failing.
So what I mean by it was failing?
Well, what happens is the switch did 10,
100, 1,000 those days.
We had 10, yes, but 10, mostly 100,
and then some 1,000s on some of
(23:03):
the newer equipment.
But what was happening is that it was
not able to auto differentiate between the 10
to 101,000.
So you had to force it, which I
didn't want to do.
So I remember calling Cisco and telling them,
hey, we've got a business switch.
This is the model.
It's the serial number.
We need to replace it.
Well, they start wasting so much time trying
to have me go through these.
I said, look, I've already reset the switch.
(23:24):
I've already factory defaulted the firmware.
I've already upgraded the firmware.
I've done all this stuff, and it doesn't
work.
Okay, sir, well, we can set up a
case.
Great.
So now we set up a case, and
guess what happens?
They want me to mail it to them.
I said, I got a client that is
basically down right now.
I can't wait for you to mail me
something after I send this to you.
(23:45):
It wasn't them overnighting me or even two
-daying me a new switch.
That was terrible.
So I said, what are you going to
do for me?
They said, well, there's not much we can
do for you.
You can buy another switch, or we wait
till you get it back.
I said, what happened to the lifetime warranty
and the next?
Oh, we don't do it on that model
anymore.
I said, are you kidding me?
So I remember telling him that we're going
(24:09):
to take this switch, and we're going to
take it out, and we're going to drop
it so far in that dumpster, and so
help me, not one person in my company
is ever going to order a Cisco product
again, because if they do, even a penny,
they will be fired, because Cisco doesn't care
about us.
It doesn't care about our profit.
(24:30):
They like to make you think they care.
They don't.
Cisco does not care the truth.
Cisco doesn't care about their partners or about
their clients.
It's all about the money.
(24:52):
And I know that's kind of crazy, but
they have lots of success stories.
We even involved one of their recommended call
centers, because at the time we were like
a silver dealer.
(25:12):
But then when I saw what was happening,
how they just wanted more money from us,
and how they kept getting us crappy leads,
and when I saw what they were doing
with the fact that we just spent all
this money on a system to start demoing
people, and then I heard that that system
is going to be yanked, and you have
to go to a completely new model like
(25:32):
server.
You can still use the phones.
I'm like, oh, that's just terrible.
I mean, I think the only thing we
have is a few Cisco phones that we're
using on our IP network system, but I'll
tell you, when those phones die, we're replacing
them one-off and one-off.
We use Yealink, and much better product.
Oh, I just don't like the way Cisco
(25:53):
just buys companies and thinks that that's what
they can do.
And then whenever they have a problem, they
blame it on the fact that, oh, you
have to open a ticket or something.
So, I'm sorry, Cisco.
Definitely, we were done with you years ago,
never coming back.
You couldn't pay me any amount of money
to come back and do business with you.
(26:13):
Sorry.
You make your first impression, and you made
it so many times.
We gave you so many opportunities, and you
really kind of, let's say, kicked yourself more
than just in the foot.
So, we definitely do not do Cisco, and
when we see it on a deal, we
walk away.
We keep away from it like a 10
(26:34):
-foot pole, because we see them as nothing,
ladies and gentlemen, but a headache.
All right.
So, hopefully, Cisco, hopefully, Amazon understand diversity, and
hopefully, they recognize the fact that these programs
are vital for the people that work there,
diversity inclusion, whether that be different types of
(26:56):
alliances, whether that be things like having certain
support.
That could be no discrimination of race, religion,
sexual orientation, creed, color.
They can't really do political party for any
kind of DUI, diversity inclusion programs, but what
(27:17):
I can tell you is that they use
these things to try to get people's attention.
It's something that most people don't understand until
they're faced with it, right?
(27:40):
So, a lot of people I've talked to
are really fed up with the whole effort,
and so, it's a problem.
It's a big problem, and they keep changing
what they do and not do every single
(28:00):
day.
So, it stands for diversity, equity, and inclusion.
And although they said they're committed to a
diverse, inclusive workplace, they have dropped or starting
to drop some of these programs.
So, I've lost respect for them, too, because
when you have to come down to stuff
like this, that's a big problem.
(28:21):
Another one I have a real big problem,
and I'm going to mention the name.
I'm not going to mention how I learned
about it because that wouldn't be a proper
business, but I recently learned that Altice, OptumUSA,
which is basically owned by the French, they
do something really kind, and I say kind
(28:41):
facetiously.
When it came time to, let's say, end
of summer, well, they decided they were going
to cut.
They turn off all their water coolers every
winter and don't turn them back on until
May 1st.
That, ladies and gentlemen, is a move that
(29:01):
is so below the belt, so unprofessional, so
much like we don't respect you as an
employee.
Everyone deserves water, clean water, all right?
So, I have a big problem with that,
a really big problem.
And ladies and gentlemen, something that I know
has been on everybody's mind.
(29:25):
What's life after the potential TikTok pan going
to be like?
Yep, TikTok possible ban.
The US Supreme Court is reviewing the law
that may force TikTok owned by Chinese parent
company ByteDance to sell or be banned by
January 19, 2025.
And as the time of this show, that
(29:46):
is just a day or two away.
That's actually Sunday.
Now, I'm wondering if they're going to do
anything on Sunday, or if they're going to
wait till Monday, or if they're going to
wait till the 21st, because technically nothing happens
on a Sunday.
I don't think they're going to do anything
on Martin Luther King Day, right?
Donald Trump gets in on the 20th, so
maybe he'll have some power to do something,
so it changes on the 21st.
(30:07):
I don't know, but I've never seen a
president overturn a Supreme Court's decision ever in
the history of time.
So, they want to have it sold due
to national security concerns.
If the law passes, new users won't be
able to download TikTok, and existing users won't
(30:27):
receive updates, potentially making the app unusable over
time.
While current users may still access the app,
content creators and advertisers will face uncertainty with
some already preparing for the worst.
TikTok's US employees are concerned about extreme layoffs,
and despite the ban threat that's out there,
(30:47):
some are still receiving job offers.
Potential buyers, including billionaire Frank McCourt, are exploring
options for acquiring TikTok, including Mr. Wonderful, you
know, basically from Shark Tank.
So, will someone buy TikTok in the US?
(31:10):
That's a big concern, okay?
And they said right now that TikTok is
worth $200 billion.
Without the algorithm, it's worth $40 billion.
(31:30):
This is quite a bit of money.
And the thing is, there was actually something
that came out the other day, more information
is coming out, but is the ban going
to happen?
This is the real question.
Will the US ban TikTok?
And so, it's really up in the air.
(31:58):
It's up in the air, and everybody is
concerned, right?
But the question is, is anyone looking to
buy TikTok?
I think that's really what it comes down
to at the end of the day.
There are people that could buy TikTok, right?
(32:20):
People that have looked at it.
Jimmy Donaldson, which you all know is Mr.
Beast, wrote on X that he would buy
TikTok so it doesn't get banned, later claiming
he had so many billionaires reach out to
him and said he would, see if we
can pull this off.
Frank McCourt, an internet advocacy group run by
(32:45):
the billionaire him, and he submitted a proposal
backed by Shark Tank.
Investor Kevin O'Leary, Mr. Wonderful, and Guggenheim
Securities and others on January 9th put information
in to buy TikTok's US-based assets, saying
the group would restructure the company to collect
less user data.
A former TikTok employee suggested to Forbes that
(33:05):
Amazon could potentially purchase the app, although that
would be disastrous, as Amazon, the third largest
advertiser on the app, has deepened its relationship
with the platform after announcing a partnership allowing
users to browse and purchase Amazon products on
TikTok.
The video sharing platform Rumble offered to buy
TikTok in March of 2024, saying the company
was ready to join a consortium with other
(33:26):
parties to purchase the app, though neither Rumble
nor CEO Chris Pawlowski disclosed details about the
offer.
Bobby Kotick, Activision Blizzard former CEO, expressed interest
in purchasing TikTok.
So the thing is, will TikTok get sold?
(33:47):
I don't have an answer for you.
But I know that if you're just one
person, 170 millions on TikTok, some people say
they really don't care if TikTok goes away.
I mean, we use it for some social
media, we do stream some stuff on it.
Is it our most engaged platform?
(34:10):
I'd have to tell you no.
It's not our most engaged platform.
We're getting some interest.
But the viewers on TikTok, I don't know,
they're looking for things that are not always
educational.
They're looking for things that don't always make
sense.
(34:31):
And if you know what I create, I
create content that helps people improve the quality
of their lives.
I don't create content that's going to be
some stupid thing about, you know, how to
knock a can off a cliff and it
has no purpose, right?
Or you see these people saying a hack
for an ATM or some other stuff.
And you watch everyone, this is a waste
(34:51):
of time.
You watch somebody doing a cake.
I'm like, this is a waste of time.
And they don't even tell you what they're
going to do.
It's like so stupid.
And ladies and gentlemen, I don't know if
you guys know Spotify.
So Spotify had a little glitch.
Spotify says it has recovered after its recent
outage.
Spotify experienced a widespread outage last Friday, which
(35:14):
was actually January 10th, you know, starting around
8 p.m. causing music streams to stop
and prevent some users from logging back in.
Over 330,000 reports were filed on Downdetector
and Spotify acknowledged the issue on Twitter and
later confirmed the services were restored by 11,
(35:35):
16 p.m. Eastern.
The problem appeared to be a minor partial
outage affecting the player itself with no evidence
of a larger cloud or routing issue.
Well, that's good.
So we'll have to stay tuned with what's
going on there.
And good old Mark.
Yes, haven't talked about him too much.
Mr. Mark Zuckerberg misleads Joe Rogan on content
(35:59):
moderation.
Mark Zuckerberg's interview on the Joe Rogan experience
on January 10th, 2025 has been criticized for
spreading misinformation and avoiding key issues.
During the conversation, Zuckerberg downplayed the role of
Facebook in moderating content during the 2020 election
and the COVID-19 pandemic, claiming he faced
(36:20):
undue pressure from the Biden administration.
However, he omitted the fact that Republicans, particularly
from Congress, had been pressuring him for years.
He misrepresented the motivations behind Facebook's moderation decisions,
particularly in regard to the lab leak theory
and misinformation about the pandemic.
Zuckerberg's vague yet very misleading answers also extended
(36:44):
to his portrayal of fact-checking programs, which
he downplayed as biased.
While pushing back on accusations of censorship, Zuckerberg
failed again to acknowledge how conservative views influence
his platform's moderation policies.
His remarks were also aimed at deflecting attention
from his company's troubles with privacy concerns and
(37:05):
the influence of Apple.
Despite his reassurances, Zuckerberg's interview revealed more about
his attempt to placate political forces than address
the reality of Facebook's moderation practices.
Ladies and gentlemen, I lost respect for that
guy a long time ago.
I mean, when I heard how the company
was built, basically taken from one of his
(37:28):
roommates, that was just low.
I mean, come on, Mark, couldn't you have
come up with anything else?
Couldn't you have come up with a fair
partnership?
The fact that you just swindled them to
write that program, karma pays back.
And I see you're starting to get some
of it paying back to you with lots
of fines.
So maybe you'll learn your lesson, but I
don't think you will.
(37:48):
I remember when you started the company, you
said that money is not of interest to
you, but you quickly changed your tune when
you started to have a taste of it.
You're one of the people that getting money
to is a bad thing because you actually
abuse your power.
You don't use it in a proper way
to empower others.
I think wealth is great, but it should
(38:09):
be used for yourself, but it also should
be used for the greater good of all
concerned.
I'm not saying to give money to everything,
but you foolishly squander it, and you do
things with Facebook that is so ridiculous.
Yes, we have accounts on Facebook.
Don't use for anything personal, and we do
exchange some content, but again, it's not our
(38:31):
be-all end-all platform.
I've said this to you guys once before.
If you choose to use social media, don't
expect, number one, them to delete something if
you put something up there that you decide,
oh, my gosh, that shouldn't be up there.
It may never come down.
Number two, realize that the outcomes of Facebook
(38:51):
or other social media is predicated not on
you.
You don't own it.
Therefore, the companies that control the social media
platforms, they decide who, when, what, and where,
and if it's ever going to be.
All right, so we will keep an eye
on Mr. Zuckerberg for you, but I think
(39:15):
that's a real issue.
Well, Honda and Nissan decide to do a
merger with their factories, the SUVs in China.
Honda's potential merger with Nissan aims to enhance
competitiveness against the rapidly growing Chinese automotive market,
especially in electric and autonomous vehicles.
Honda sees the opportunity to share resources and
(39:35):
factories to reduce costs, particularly in the development
of software-defined vehicles and advanced driving systems.
Honda is also interested in Nissan's large SUVs,
like the Armada Pathfinder, to basically bolster its
hybrid offerings.
However, Nissan has faced financial struggles, including a
sharp earnings decline, which Honda sees as a
(39:56):
chance to utilize excess factory capacity.
While challenges like tariff threats and EV incentives
persist, Honda remains committed to electrification and their
plans to expand its EV lineup.
Wow, that's just a lot.
(40:19):
Unicast reports data hacked in Norway.
A location tracking company, Unicast, confirmed to the
Norwegian government that it was hacked with the
breach involving its subsidiary, Gravy Analytics.
The hack discovered on January 4, 2025, compromised
data from Gravy's server via a misused access
key.
While some leaked data appears authentic, the full
(40:42):
extent of the breach is still under investigation,
and it's believed some stolen files may include
personal data.
Unicast and the Norwegian Data Protection Authority have
not provided additional comments on the matter, which
is very interesting.
We'll have to see what happens with that
too, but lots of things happening, more hacks
happening as well.
(41:03):
And here's one I think that's really interesting,
a new innovation.
By using a biodegradable paper battery, it will
now offer the ability to have energy revolution
in a whole new way.
A Singapore based startup, Flint, has developed a
biodegradable paper battery made from renewable materials that
(41:24):
can decompose in just six weeks.
The battery offers a similar lifespan to traditional
lithium ion batteries, but is lighter, cheaper, and
more environmentally friendly.
It uses a hydrogel ring within the paper
as an electrolyte and separator, making it adaptable
to existing battery manufacturing processes.
(41:45):
Flint is also discussing potential partnerships with over
20 companies in sectors like consumer electronics, electric
vehicles, and space exploration.
With a $2 million in funding set, the
startup is focused on commercializing the technology to
provide safer, sustainable, and more cost-effective energy
(42:06):
solutions.
That's very, very interesting.
And Mr. Zuckerberg is back on the map
again.
Yeah, you can't keep yourself out of trouble,
can you, Mark?
So Mark Zuckerberg criticized Apple in a podcast
with Joe Rogan, as we said, but he
was accusing the company of lacking innovation since
the iPhone launch by Steve Jobs.
(42:27):
He called Apple's recent efforts, such as the
Vision Pro headset, and I quote, underwhelming, and
suggested the company's reliance on, quote unquote, random
rules limits competition, hurting developers and Meta's profits.
Zuckerberg also argued that Apple security issues, which
prevent other products from easily connecting to Apple
devices, could be resolved with better protocols.
(42:49):
Additionally, he claimed that Meta's profits could double
if Apple stopped its restrictive policies.
So again, he doesn't really care about you.
He doesn't care about me.
He cares about his company.
He cares about his profits.
He talked about nothing else, just the fact
that Apple's move was stupid and wasn't a
good choice, only because it's taking money out
(43:10):
of his pocket.
That's why Mark cares.
Otherwise, to be honest with you, Mark wouldn't
give a darn.
Prime Video uses AI and next-gen stats
to enhance NFL viewing.
Yes, this new system that they have on
the broadcast of NFL games has evolved with
AI and next-gen stats, enhancing how viewers
(43:31):
understand the game.
Using AI, the broadcast features real-time player
tracking, defensive alerts, and pressure points to simplify
complex strategies for all fans.
The introduction of the Skycam has improved viewing
by offering a maiden view of the game
with AI tools like player movement analysis and
offense-defense stats.
(43:52):
Prime Video has created a new, more engaging
experience for NFL viewers, allowing them to explore
deeper insights into the game.
All right, we'll have to see where that's
going.
That's a very, very interesting thing.
And the UK universities quit X over misinformation.
Several UK universities and higher education institutions have
(44:13):
scaled back or completely withdrawn from Elon Musk's
Platform X, previously known as Twitter, due to
concerns over misinformation, particularly after it was linked
to fueling racial riots in 2023.
A survey revealed that many universities, including prominent
ones like the University of Cambridge and Oxford,
have reduced their engagement or stopped posting altogether.
(44:35):
They cited the declining audience engagement concerns over
content promoting violence and the growing toxicity of
the platform.
Some institutions are exploring alternatives for their communication
channels.
Wow, that's a very interesting thing there.
(44:55):
And our last story for the evening is
inside a fusion startup secret opening.
At the opening ceremony of a fusion energy
startup, a truly but bizarre and awe-inspiring
spectacle unfolded.
Venture capitalists, military officials, and scientists entered a
(45:16):
vast high-tech venue, being greeted by robots
playing instruments and a woman serenading, combining extraordinary
piano skills with an intricate gown designed to
control a fusion reactor.
The event, curated by a blend of artists,
scientists, and entrepreneurs, featured an electrifying performance that
(45:38):
blurred the lines between technology and art.
The occasion was organized by a team including
a serenade virtuoso pianist and hacker and Charlotte,
a supermodel and composer, whose collaborations brought together
cutting-edge robots and a visionary fusion startup.
The result was a celebration that captured the
(46:00):
wonder of both technological advancement and artistic expression,
blending them into an amazingly, very unusual, mesmerizing
experience.
Wow, so AI, a lot of these tech
stories with people doing things and other people
(46:22):
challenging them, and the reason they're challenging them
is very simple.
They don't want people to get ahead unfairly,
and I perfectly understand that.
And I have to laugh though with what
Mark's doing.
Mark doesn't care about anybody but himself.
Mark is selfish.
(46:43):
Is that bad?
I don't know, but Mark Zuckerberg is very
selfish, and he's not the only one, but
he is one that's very, very selfish.
And so starting with Allama 3.1, Mark
(47:07):
has established himself as the king of open
source AI.
Contrary to popular belief, Zuckerberg has admitted that
the pursuance of an open source strategy is
due to somewhat a selfish reason about the
tech ecosystem, as he wants to influence how
the models are developed and integrated into the
social fabric.
(47:29):
He managed to quote, we're not pursuing this
out of altruism, though I believe it will
benefit the ecosystem.
We're doing it because we think it will
enhance our offerings by creating a strong ecosystem
around contributions as seen by the PyTorch community.
So he says it right there, ladies and
gentlemen.
He's not doing this for the greater good
(47:49):
of all concerned.
Everything Mark does, he does for his pocket,
for his money.
And so this guy, the only time he
would do something that would seem to be
somewhat altruistic is when he's getting a major
plug for that.
I mean, that's really it.
(48:10):
If he's getting a major plug for doing
something, then guess what?
He's going to do it.
So we started out, ladies and gentlemen, talking
about how the basic of the United States
is somewhat backing Musk in the fact that
moving to open AI in being a publicly
(48:32):
traded company from a not-for-profit, as
we can see, is definitely not a great
idea.
And TSMC, as I said, yes, so TSMC
has many plans for the US.
But you might be saying, John, this is
a little bit crazy.
(48:56):
They made an interesting statement that the TSMC's
US plan is unlikely to get the latest
chip tech before Taiwan.
So again, the company that's driving the direction
of chip manufacturing and the innovations is TSMC.
So TSMC is investing $65 billion in factories
(49:18):
in Arizona.
TSMC's chief executive describes challenges of working in
the United States, and the US government has
offered TSMC strong support.
So I know Trump's probably very, very happy
with this move, because he's been wanting us
to produce more stuff in our own state.
(49:42):
And what he's doing is he's trying to
impose the tariff, right?
The tariff.
So the question everyone's been asking, John, is
so when will Trump impose the import tariff?
And that's a great question.
He's mentioned it on December 5th, 2024.
(50:03):
He's promised to impose a new state slating
of these different tariffs as soon as he
enters office in January.
So does that mean on the 20th or
21st, he's going to do this?
I don't know.
How do tariffs work?
And what do they do?
Tariffs are taxes placed on imports, and they're
imposed by the government on companies that import
(50:26):
goods.
So technically, tariffs are paid by domestic importers.
However, most economists agree that a fair portion
of the cost of tariffs is paid by
the consumer.
So you guessed it, ladies and gentlemen, the
consumers are going to get hit with these
fees down the road.
So during his first term, Trump wants to
(50:46):
go ahead and impose these tariffs that President
Joe Biden left in place during his term.
And what impact the tariffs will have on
the US?
Well, that's still to be seen.
I mean, I think Joe was trying to
do some stuff, but I think he's just
kind of had it.
And so tariffs do affect international trade.
In the aggregate, tariffs basically decrease trade by
(51:11):
making it more expensive for the US to
import goods from certain countries.
Thus, certain places may decide not to import
those things because they don't necessarily want to
pay more money out.
If they don't want to pay more money
out, then they're eventually going to have to
charge their clients.
Nobody wants to pay more, right?
So tariffs increase prices and decrease trade, unfortunately,
(51:36):
gentlemen.
So we're going to have to see what
happens, why it happens, where are things going,
and how is our world evolving?
How is it changing?
And I think this is something that a
lot of people today, tomorrow, and as we
move into the future, are asking themselves, how
(51:56):
do we get more manufacturing back in the
United States of America?
And that's not an easy question.
That is not an easy question, ladies and
gentlemen.
It's not an easy question, but it's something
that we need to consider if we want
to make sure the safety of our job
(52:16):
workers, the things are not getting kicked overseas.
That's a big, big problem.
I mean, one in five companies outsources their
call center.
Did you know that?
One in five companies outsource their call center.
That's a lot.
(52:38):
And with different companies out there offering all
types of things like virtual assistant services and
stuff like that, it's interesting because companies now,
they do 160 hours a month for
(53:02):
$11.99 a month, but it's only for
the first three months, and then they charge
$12.99. So they have the ability to
do rigorous quality control.
They have a workspace app, your time zone,
(53:25):
any hours you want worked, share with colleagues,
and understand the sharing slash storage model.
And I think it's very interesting.
In fact, the thing that I think is
really apropos about this is they have three
prices on their page.
One page is $11.99 a month.
(53:47):
Another page is $10.99. And then their
basic plan is $10.49. And so the
$10.49 doesn't give you unlimited file storage.
It doesn't give you free replacements.
It doesn't give you the customer success manager.
It doesn't give you the rigorous quality control.
(54:09):
It doesn't give you the app.
It also doesn't allow you to share with
colleagues.
So if you wanted something that's going to
be used on a regular basis, then you
probably want to pick the right plan.
But I mean, like this company here, when
I go to the site, okay, and you
go to try to find out where they're
out of.
So they're out of California.
But if I did some further digging, what
(54:31):
I would probably find out, is even though
they are using California, they're probably sourcing their
workers from all over the country.
And this is a big, big problem for
everyone, a very, very big problem.
So like I said, we've got lots of
(54:52):
good things happening with TSMC.
And TikTok, I mean, the world will not
end if TikTok decides, I should say the
Supreme Court justice decides to shut them.
I mean, a lot of people are going
to cry, but they'll get over it.
All right.
In fact, they have a new app now.
I think it's called Lemon7 to replace TikTok.
(55:17):
But here's the thing.
It's actually run and owned by the same
company, ByteDance.
So they're coming, I think it's called Lemon8.
And so Lemon8 has not yet, it's a
video sharing platform that basically markets the fact
(55:38):
of the vertical scrolling format of TikTok in
favor of a Pinterest board style format.
But what Lemon8 and TikTok do have in
common is both have a following and for
you tabs to show you posts from creators
you follow and posts the app thinks you
will like.
So it's interesting, but I think we're going
(55:59):
to have to wait and see what's going
to happen.
Because I think that daily show, that's going
to be a very, very big day because
if they speak to people and let's say
it's not in alignment with what they want,
I see this becoming a huge, huge, huge
problem.
Well, just a quick wrap up, everyone.
We talked about Mr. Elon Musk not being
(56:24):
in favor of moving OpenAI to basically a
public company.
We talked about TSMC starting to manufacture four
nanometer chips, Infosys with their counter soon Cognizant
in Texas, Amazon deciding because they want to
basically save money is what I would think
(56:45):
that they're starting to pull back their DEI
programs.
TikTok, we're all on pins and needles as
to whether it will be released to be
banned or whether it will be kept.
And Zuckerberg just seems to be speaking stuff
that's not really true.
Flynn unveils the biodegradable paper battery innovation.
(57:08):
Zuckerberg criticizes Apple.
Prime's new features.
UK university stops using X and the fusion
paper startup.
So lots of great things, ladies and gentlemen.
I hope you have an amazing rest of
your day and weekend, and I'm going to
catch you guys real soon.
Okay.
Take care, everyone.
Hi everyone, I'm John C. Morley, the host of
The JMOR Tech Talk Show and inspirations
for your life.
(00:54):
Well, hey guys, how are you?
It is John C. Morley here, serial entrepreneur and
you are watching The JMOR Tech Talk Show
Show and today is Friday.
Yes, Friday, January 17th, 2025.
Welcome everyone and this is our third show
and we are in series number four.
(01:16):
Welcome everyone, this is going to be a
great show here today.
Tech Unleashed, Lawsuits, Innovations and Game Changing Trends.
We're on series four and this is show
number three.
Once again, everyone, welcome to The JMOR
Tech Talk Show.
You can always catch this show and other
(01:38):
shows and other great short and long form
content, so if you miss something or you
just want to learn about something new, well,
why not head over after the show, that
is, to BelieveMeAchieve.com.
It's also on my hat.
You can see it there, cycling BelieveMeAchieve.com.
Maybe you want to grab something delicious from
your kitchen maybe that's a piece of fruit,
(01:59):
maybe that's something sweet, maybe it's something sour,
maybe it's something hot, maybe it's something cold,
maybe it's something healthy or not, go ahead
and run and get that and we'll get
the show kicked off.
All right, everyone, so we have made a
change to our format in January of 2025
in series four in that when we do
(02:19):
our shows now, they are 58 or 59
minutes to hold to a standard because more
and more places are actually starting to carry
our show.
Thank you to many of the cable stations
across the United States and we've even got
some in Europe that are starting to stream
our content.
Very, very grateful for those people that have
found value in what I'm doing.
(02:40):
All right, everyone, so welcome to The
JMOR Tech Talk Show.
I am your host and podcast coach, John
C.
Morley, serial entrepreneur.
Thank you so much for being here.
It is really great to be with you.
So, get ready as I unpack this week's
hottest tech stories, breaking down everything you need
(03:00):
to know to stay ahead in the digital
age, whether it's the groundbreaking innovations, corporate shakeups
or the latest industry drama.
I've got you covered, ladies and gentlemen, so
just sit back, relax and enjoy the show.
All right, everyone, so our first topic that
I want to get right into, and I
(03:20):
think it's a pretty interesting one, and this
is in regard to Mr. Elon Musk.
So, the U.S. supports Musk's argument in
the OpenAI lawsuit.
The U.S. antitrust enforcers, including the Federal
Trade Commission, FTC and Department of Justice, DOJ,
(03:43):
have provided legal analysis supporting parts of Elon
Musk's lawsuit against OpenAI's transition to a public
company.
Musk alleges that OpenAI, co-founded by him,
engaged in anti-competitive practices in collaboration with
Microsoft, including investor restrictions and shared board members.
(04:05):
While not taking a stance on the lawsuit,
regulators highlighted the legal implications of board member
affiliations and investor boycotts.
OpenAI and Microsoft deny wrongdoing with OpenAI labeling
the claims as harassment and lacking evidence.
The case underscores ongoing regulatory scrutiny into AI
(04:26):
partnerships and antitrust concerns.
So, ladies and gentlemen, regardless of whether we're
talking about Microsoft, Google, Amazon, they all play
games, right?
And so, I want to tell you that
it's important to understand that, ladies and gentlemen,
it's really about this whole thing of doing
(04:51):
the right thing, right?
And I think sometimes people, they don't do
the right thing, and not to single out
one company, but they get greedy, and they're
in it, ladies and gentlemen, just for the
money.
So, I know personally, I think that moving
OpenAI to a publicly traded company probably would
(05:12):
be a bad idea, because even though there's
going to be some companies that are going
to use the technology for profit, to have
the whole conglomeration as a not-for-profit,
I see that to be a really, really,
really, really big problem.
And so, I want to let you know,
ladies and gentlemen, that this is going to
(05:33):
take some time, all right?
But the question is, will the DOJ let
OpenAI become a public company?
And although I can't say 100%, I'm going
to say I don't think they want it.
They've announced the plans on December 27th that
(05:54):
they want to transition to become a public
benefit corporation.
And they were operating originally for the greater
good of the society.
So, I see this as a problem.
They claim that they want to keep the
not-for-profit going, but I think that's
(06:14):
going to be really a big conflict of
interest.
You let me know, because I think that's
a big problem.
And I know you're probably saying, hey, John,
this is a little bit nuts.
Well, it's not nuts, ladies and gentlemen.
It's the fact that people sometimes don't understand
(06:37):
why things are done away.
And then when they can't get what they
want, they decide they want to flip things
or change the whole stage.
But making OpenAI public will not be good.
So, I just want to say this.
So, making OpenAI public is a bad idea,
(07:01):
in my opinion, and there's lots of reasons
for it.
But making OpenAI a public company, that's what
they're trying to do.
OpenAI leads the AI research lab, and Elon
(07:21):
runs a competing AI company, and he's asking
the court to stop from effectively pursuing the
mission.
Elon created the public benefit corporation, Open Artificial
Intelligence Technologies.
So, he's saying it's a bad idea.
But this is the thing now.
Elon seems to be drinking out of both
(07:44):
sides of the cup too.
Is this really for Elon's benefit, or is
this for the world's benefit?
Because let's face it, all these people, they
don't do things all the time for the
greater good of good.
I'm sorry.
Again, with the charitable, let's say, notion that
(08:05):
it had, people were very interested in OpenAI
because it wasn't generating a profit.
But now, that whole thing is going to
change if this goes through.
But my big question, this is my big
question, will the government allow OpenAI to transform
(08:26):
to a public company?
And I don't know.
So far, it seems like it's going through.
But remember, the company was based on the
roots of non-profit.
(08:48):
And so, when you do something like that,
and then convert to a for-profit, it's
like you pierce the whole veil of a
not-for-profit entity.
So, this is according to Sam Altman, who
made the comment that it's thinking about restructuring,
(09:11):
but said the departures of the key executives
the day before weren't related.
Of course, they weren't.
So, I don't really trust Sam, to be
honest.
He's lied in the past, not to get
into all the details.
But any excess profit would go back to
the non-profit.
So, they set up a new for-profit
(09:32):
corporation for a cap on the amount of
profits that investors or employees could reap, and
put the non-profit and its board in
charge of the new entity, 2019.
Any excess profits would go back to the
non-profit.
This was Brockman and Sutsker had explained this
in practice.
A little money has gone back to the
non-profit in recent years.
(09:53):
Brockman has been on leave since August, leaving
Altman one of the few early leaders.
And this was around 2019.
So, this was a while ago.
But I think the question is, if it
becomes a public company, is it going to
make open AI really expensive that the world
(10:13):
can't afford it?
I don't know.
I think that's a problem.
I think a lot of people don't really
understand what's going on, but this could really
complicate things.
And also, from a, let's say, a security
standpoint.
So, we'll keep an eye on this, ladies
and gentlemen, and we'll definitely let you know
(10:34):
what's going on there.
Ladies and gentlemen, my friends over, yes, TSMC,
in case you guys didn't know what that
stood for.
So, TSMC is Taiwan Semiconductor Manufacturing Company.
And they have begun producing advanced 4-nanometer
chips in Arizona.
It's a milestone held by US Commerce Secretary
(10:56):
Gina Raimondo as a breakthrough in domestic semiconductor
manufacturing.
Now, remember, they were only scheduled to do
five or six.
Now, they're doing four-nanometer technology.
That's like unheard of.
So, this achievement follows a $6.6 billion
grant from the United States government to support
TSMC's Phoenix-based facilities, part of the $52
(11:17):
.7 billion semiconductor subsidiary program initiated in 2022.
The company has expanded its investment to $65
billion, planning three fabs in Arizona by 2030,
including a second facility to produce two-nanometer
chips starting in 2028.
That's so amazing.
(11:38):
Amcor Technology is also building a $2 billion
advanced packaging plant nearby, further boosting Arizona's role
as a semiconductor hub.
These efforts aim to raise the US share
of global leading-edge chip production to 20
% by 2030, with TSMC and Apple leading
the charge.
(11:58):
Now, my only concern, ladies and gentlemen, about
TSMC, I don't know a lot about them
from their management and things like that.
They have a very good, let's say, plan
with the way they make the chips.
In fact, it's so proprietary that they don't
even allow people in their facility that don't
work for them.
In fact, one of the reporters that went
(12:19):
there had to go through so many checks,
and he was only able to record certain
things because they didn't want some things getting
out, so they were very, very careful.
And TSMC is having an Arizona Day at
the college so they can recruit people, but
they're bringing people from China too.
The question is that TSMC, the building is
(12:42):
owned by the United States.
The business seems to be co-mingled between
TSMC and...
So that's a very, very big thing.
I don't know.
(13:03):
It's a little bit crazy.
It's crazy, right?
I think a lot of people don't realize
it.
And I think some people are confused, right?
(13:33):
I think people don't know what TSMC's intentions
are, and that could be a problem.
And I think some people don't quite understand
(13:56):
that it's about a whole culture difference.
So this is the big question.
Who owns the TSMC in Phoenix?
Who owns that?
So they are going to make, or they
(14:18):
have made one of the most advanced chip
fab facilities.
TSMC is going to add more staff.
But the question is, who owns the TSMC
business in the US?
And that's a tricky question.
(14:44):
I think it's a partnership and they're obviously
on US soil.
So there's a lot that the US can
do, but I'm just concerned that the US
is going to get a fair shake at
this and that they're not going to be,
let's say, overly charged.
(15:08):
The one good thing is that the chips
being made here will be exempt from that
20, 30 or 40% surcharge that Trump
is attempting to put on things very soon.
So we'll have to see, but I think
it's great that we're going to have four
nanometer chips.
That's amazing.
Apple wants to use them.
So I think that's a really good thing
(15:29):
that we're going to start to see production
being used for things right here in the
United States.
And more of that is on the way,
ladies and gentlemen.
In other great news, well, we have another
little situation that has unfortunately come up.
Infosys accuses Cognizant of anti-competitive practices.
(15:53):
India's Infosys has filed a counterclaim against the
US-based Cognizant in a Texas federal court
alleging anti-competitive practices such as restrictive contract
clauses preventing clients from engaging competitors and targeted
recruitment of key Infosys executives, including Cognizant's 2023
(16:14):
CEO hire S.
Ravi Kumar.
And so Infosys claims these actions hindered its
ability to develop its Infosys Helix software.
The case follows a 2023 lawsuit by Cognizant's
subsidiary, Triseto, accusing Infosys of misusing trade secrets
related to healthcare insurance software.
(16:37):
Infosys seeks triple damages, attorney fees, and other
costs while Cognizant refutes the claims, emphasizing fair
competition.
It's funny, nobody seems to care and do
they do care?
What do I mean by that?
Well, nobody cares about something until somebody else
is making money or making more money than
(16:57):
the other person.
It's like when they're making less money, it's
no big deal.
When they're making about the same, it's no
big deal, but they're concerned.
But then as soon as they start making
any more, it's like, okay, we got to
sue them.
And I get the reason for it, but
I think they should have been able to
work out an agreement like, hey, if they're
making money, well, maybe they got to pay
(17:18):
the parent company something back.
I mean, they're playing childish games and I
think this is like really, really, I mean,
stupid.
But we'll keep following the story for you.
I'll let you know what's actually happening there.
So Amazon, is set to cut certain diversity
programs.
Amazon is winding down some of its diversity
(17:40):
inclusion programs that they announced in December's memo
to employees obtained by Reuters, Thompson Reuters.
The announcement reflected a shift in companies' internal
initiatives, though further details on the affected programs
are unclear.
The decision comes amidst broader discussions in corporate
America about scope and impact of diversity efforts.
(18:01):
I think what it really comes down to,
if I had to guess, it's not stated
here, but if we read between the lines,
it's about money, ladies and gentlemen, it's about
money.
And so when they've hit some of its
DEI programs and stopping them, Amazon only does
(18:23):
things to make money.
Okay.
And so if something is not making them
any money, guess what they're going to do?
They're going to get rid of it.
It doesn't matter what diversity, what inclusion, what
it means.
Okay.
It doesn't really matter.
It comes down to the bottom line.
What kind of dollars are the company netting
(18:45):
at the end of the day?
That's a really simple answer for everyone.
And that's the whole thing.
So we'll definitely keep an eye on it,
but I am a little disappointed in Amazon
that they would do something like this because
they try to put their best foot forward
and then they go and put their foot
right in their mouth.
(19:05):
So I have a lot of disrespect for
them, unfortunately, because of the way they operate.
They're just a price hungry, profitable machine.
They don't care who they harm, who they
hurt.
They're just part of that big corporate umbrella
that just does anything and everything to keep
staying afloat.
(19:26):
Another one I'll give you is Cisco.
Okay.
So Cisco always is a sore thorn with
me because of something that happened many years
ago.
So we're in business over 31 years about,
oh, I'm going to say probably at least
15 years ago, we were still going to
(19:48):
Cisco's conventions where they invite you, they wine
and dine you, they take you to things
like cigarette boats and all these crazy things.
But at the end of the day, I
just want to get a better price so
I can give it to my end users.
They just want to take you out to
dinner, all this stuff.
Well, I remember having a conversation with somebody
and they're telling me that they're going to
(20:09):
get rid of the Cisco Unity phones, the
system that they have.
You now have to buy a completely new
system.
So that small system that we had invested
money in so that we thought that was
going to be great for partners and stuff
like that, turns out they say they want
to basically support small business, but small business
(20:35):
to Cisco is not what we consider small
business.
They consider small business a hundred or more.
So what is small business?
If we had to think about it, number
of employees, it's pretty easy.
Small business is usually defined basically by small
(20:56):
companies.
Now, according to the larger scope, it ranges
from 1 million to over 40 million.
That's not really small business if we want
to think of it like that.
Okay.
The average startup in 2019 had 3.3
employees per business.
(21:17):
That's small.
When we think about an average small business
probably has 15, 20 employees, maybe 30, maybe
50, something like that.
But the thing is it's not a hundred,
it's not 500 employees.
(21:37):
Cisco thinks that's what it is, but I'm
getting off topic here for a moment.
What I want to tell you was it
was about, so we stopped working with them
about 15 years ago, roughly.
And so in that end of that year,
not only did I get annoyed for what
they did to us and to other people
and how they were going to hurt our
clients, I said, we got to do something.
(21:59):
We have to like duck these people.
And so then I heard them buying all
these companies and that's not so good because
Cisco's not really making innovations.
They're just taking what they have and slapping
stuff on it.
That's just what I've seen.
We've had issues with phone systems crashing because
a firmware was not updated, but you can't
(22:21):
get the firmware because your phone system's not
in support anymore.
It's just a real terrible thing.
And so I remember right around the end
of that 15th year, actually, we didn't go
to the Cisco conference that year.
That was the one year we didn't go.
So it was around, I think it was
around maybe mid summer.
And we had a client of ours who
(22:42):
owns a dentist's office in a part of
New Jersey, and we did a network for
them.
And the Cisco business switch was failing.
So what I mean by it was failing?
Well, what happens is the switch did 10,
100, 1,000 those days.
We had 10, yes, but 10, mostly 100,
and then some 1,000s on some of
(23:03):
the newer equipment.
But what was happening is that it was
not able to auto differentiate between the 10
to 101,000.
So you had to force it, which I
didn't want to do.
So I remember calling Cisco and telling them,
hey, we've got a business switch.
This is the model.
It's the serial number.
We need to replace it.
Well, they start wasting so much time trying
to have me go through these.
I said, look, I've already reset the switch.
(23:24):
I've already factory defaulted the firmware.
I've already upgraded the firmware.
I've done all this stuff, and it doesn't
work.
Okay, sir, well, we can set up a
case.
Great.
So now we set up a case, and
guess what happens?
They want me to mail it to them.
I said, I got a client that is
basically down right now.
I can't wait for you to mail me
something after I send this to you.
(23:45):
It wasn't them overnighting me or even two
-daying me a new switch.
That was terrible.
So I said, what are you going to
do for me?
They said, well, there's not much we can
do for you.
You can buy another switch, or we wait
till you get it back.
I said, what happened to the lifetime warranty
and the next?
Oh, we don't do it on that model
anymore.
I said, are you kidding me?
So I remember telling him that we're going
(24:09):
to take this switch, and we're going to
take it out, and we're going to drop
it so far in that dumpster, and so
help me, not one person in my company
is ever going to order a Cisco product
again, because if they do, even a penny,
they will be fired, because Cisco doesn't care
about us.
It doesn't care about our profit.
(24:30):
They like to make you think they care.
They don't.
Cisco does not care the truth.
Cisco doesn't care about their partners or about
their clients.
It's all about the money.
(24:52):
And I know that's kind of crazy, but
they have lots of success stories.
We even involved one of their recommended call
centers, because at the time we were like
a silver dealer.
(25:12):
But then when I saw what was happening,
how they just wanted more money from us,
and how they kept getting us crappy leads,
and when I saw what they were doing
with the fact that we just spent all
this money on a system to start demoing
people, and then I heard that that system
is going to be yanked, and you have
to go to a completely new model like
(25:32):
server.
You can still use the phones.
I'm like, oh, that's just terrible.
I mean, I think the only thing we
have is a few Cisco phones that we're
using on our IP network system, but I'll
tell you, when those phones die, we're replacing
them one-off and one-off.
We use Yealink, and much better product.
Oh, I just don't like the way Cisco
(25:53):
just buys companies and thinks that that's what
they can do.
And then whenever they have a problem, they
blame it on the fact that, oh, you
have to open a ticket or something.
So, I'm sorry, Cisco.
Definitely, we were done with you years ago,
never coming back.
You couldn't pay me any amount of money
to come back and do business with you.
(26:13):
Sorry.
You make your first impression, and you made
it so many times.
We gave you so many opportunities, and you
really kind of, let's say, kicked yourself more
than just in the foot.
So, we definitely do not do Cisco, and
when we see it on a deal, we
walk away.
We keep away from it like a 10
(26:34):
-foot pole, because we see them as nothing,
ladies and gentlemen, but a headache.
All right.
So, hopefully, Cisco, hopefully, Amazon understand diversity, and
hopefully, they recognize the fact that these programs
are vital for the people that work there,
diversity inclusion, whether that be different types of
(26:56):
alliances, whether that be things like having certain
support.
That could be no discrimination of race, religion,
sexual orientation, creed, color.
They can't really do political party for any
kind of DUI, diversity inclusion programs, but what
(27:17):
I can tell you is that they use
these things to try to get people's attention.
It's something that most people don't understand until
they're faced with it, right?
(27:40):
So, a lot of people I've talked to
are really fed up with the whole effort,
and so, it's a problem.
It's a big problem, and they keep changing
what they do and not do every single
(28:00):
day.
So, it stands for diversity, equity, and inclusion.
And although they said they're committed to a
diverse, inclusive workplace, they have dropped or starting
to drop some of these programs.
So, I've lost respect for them, too, because
when you have to come down to stuff
like this, that's a big problem.
(28:21):
Another one I have a real big problem,
and I'm going to mention the name.
I'm not going to mention how I learned
about it because that wouldn't be a proper
business, but I recently learned that Altice, OptumUSA,
which is basically owned by the French, they
do something really kind, and I say kind
(28:41):
facetiously.
When it came time to, let's say, end
of summer, well, they decided they were going
to cut.
They turn off all their water coolers every
winter and don't turn them back on until
May 1st.
That, ladies and gentlemen, is a move that
(29:01):
is so below the belt, so unprofessional, so
much like we don't respect you as an
employee.
Everyone deserves water, clean water, all right?
So, I have a big problem with that,
a really big problem.
And ladies and gentlemen, something that I know
has been on everybody's mind.
(29:25):
What's life after the potential TikTok pan going
to be like?
Yep, TikTok possible ban.
The US Supreme Court is reviewing the law
that may force TikTok owned by Chinese parent
company ByteDance to sell or be banned by
January 19, 2025.
And as the time of this show, that
(29:46):
is just a day or two away.
That's actually Sunday.
Now, I'm wondering if they're going to do
anything on Sunday, or if they're going to
wait till Monday, or if they're going to
wait till the 21st, because technically nothing happens
on a Sunday.
I don't think they're going to do anything
on Martin Luther King Day, right?
Donald Trump gets in on the 20th, so
maybe he'll have some power to do something,
so it changes on the 21st.
(30:07):
I don't know, but I've never seen a
president overturn a Supreme Court's decision ever in
the history of time.
So, they want to have it sold due
to national security concerns.
If the law passes, new users won't be
able to download TikTok, and existing users won't
(30:27):
receive updates, potentially making the app unusable over
time.
While current users may still access the app,
content creators and advertisers will face uncertainty with
some already preparing for the worst.
TikTok's US employees are concerned about extreme layoffs,
and despite the ban threat that's out there,
(30:47):
some are still receiving job offers.
Potential buyers, including billionaire Frank McCourt, are exploring
options for acquiring TikTok, including Mr. Wonderful, you
know, basically from Shark Tank.
So, will someone buy TikTok in the US?
(31:10):
That's a big concern, okay?
And they said right now that TikTok is
worth $200 billion.
Without the algorithm, it's worth $40 billion.
(31:30):
This is quite a bit of money.
And the thing is, there was actually something
that came out the other day, more information
is coming out, but is the ban going
to happen?
This is the real question.
Will the US ban TikTok?
And so, it's really up in the air.
(31:58):
It's up in the air, and everybody is
concerned, right?
But the question is, is anyone looking to
buy TikTok?
I think that's really what it comes down
to at the end of the day.
There are people that could buy TikTok, right?
(32:20):
People that have looked at it.
Jimmy Donaldson, which you all know is Mr.
Beast, wrote on X that he would buy
TikTok so it doesn't get banned, later claiming
he had so many billionaires reach out to
him and said he would, see if we
can pull this off.
Frank McCourt, an internet advocacy group run by
(32:45):
the billionaire him, and he submitted a proposal
backed by Shark Tank.
Investor Kevin O'Leary, Mr. Wonderful, and Guggenheim
Securities and others on January 9th put information
in to buy TikTok's US-based assets, saying
the group would restructure the company to collect
less user data.
A former TikTok employee suggested to Forbes that
(33:05):
Amazon could potentially purchase the app, although that
would be disastrous, as Amazon, the third largest
advertiser on the app, has deepened its relationship
with the platform after announcing a partnership allowing
users to browse and purchase Amazon products on
TikTok.
The video sharing platform Rumble offered to buy
TikTok in March of 2024, saying the company
was ready to join a consortium with other
(33:26):
parties to purchase the app, though neither Rumble
nor CEO Chris Pawlowski disclosed details about the
offer.
Bobby Kotick, Activision Blizzard former CEO, expressed interest
in purchasing TikTok.
So the thing is, will TikTok get sold?
(33:47):
I don't have an answer for you.
But I know that if you're just one
person, 170 millions on TikTok, some people say
they really don't care if TikTok goes away.
I mean, we use it for some social
media, we do stream some stuff on it.
Is it our most engaged platform?
(34:10):
I'd have to tell you no.
It's not our most engaged platform.
We're getting some interest.
But the viewers on TikTok, I don't know,
they're looking for things that are not always
educational.
They're looking for things that don't always make
sense.
(34:31):
And if you know what I create, I
create content that helps people improve the quality
of their lives.
I don't create content that's going to be
some stupid thing about, you know, how to
knock a can off a cliff and it
has no purpose, right?
Or you see these people saying a hack
for an ATM or some other stuff.
And you watch everyone, this is a waste
(34:51):
of time.
You watch somebody doing a cake.
I'm like, this is a waste of time.
And they don't even tell you what they're
going to do.
It's like so stupid.
And ladies and gentlemen, I don't know if
you guys know Spotify.
So Spotify had a little glitch.
Spotify says it has recovered after its recent
outage.
Spotify experienced a widespread outage last Friday, which
(35:14):
was actually January 10th, you know, starting around
8 p.m. causing music streams to stop
and prevent some users from logging back in.
Over 330,000 reports were filed on Downdetector
and Spotify acknowledged the issue on Twitter and
later confirmed the services were restored by 11,
(35:35):
16 p.m. Eastern.
The problem appeared to be a minor partial
outage affecting the player itself with no evidence
of a larger cloud or routing issue.
Well, that's good.
So we'll have to stay tuned with what's
going on there.
And good old Mark.
Yes, haven't talked about him too much.
Mr. Mark Zuckerberg misleads Joe Rogan on content
(35:59):
moderation.
Mark Zuckerberg's interview on the Joe Rogan experience
on January 10th, 2025 has been criticized for
spreading misinformation and avoiding key issues.
During the conversation, Zuckerberg downplayed the role of
Facebook in moderating content during the 2020 election
and the COVID-19 pandemic, claiming he faced
(36:20):
undue pressure from the Biden administration.
However, he omitted the fact that Republicans, particularly
from Congress, had been pressuring him for years.
He misrepresented the motivations behind Facebook's moderation decisions,
particularly in regard to the lab leak theory
and misinformation about the pandemic.
Zuckerberg's vague yet very misleading answers also extended
(36:44):
to his portrayal of fact-checking programs, which
he downplayed as biased.
While pushing back on accusations of censorship, Zuckerberg
failed again to acknowledge how conservative views influence
his platform's moderation policies.
His remarks were also aimed at deflecting attention
from his company's troubles with privacy concerns and
(37:05):
the influence of Apple.
Despite his reassurances, Zuckerberg's interview revealed more about
his attempt to placate political forces than address
the reality of Facebook's moderation practices.
Ladies and gentlemen, I lost respect for that
guy a long time ago.
I mean, when I heard how the company
was built, basically taken from one of his
(37:28):
roommates, that was just low.
I mean, come on, Mark, couldn't you have
come up with anything else?
Couldn't you have come up with a fair
partnership?
The fact that you just swindled them to
write that program, karma pays back.
And I see you're starting to get some
of it paying back to you with lots
of fines.
So maybe you'll learn your lesson, but I
don't think you will.
(37:48):
I remember when you started the company, you
said that money is not of interest to
you, but you quickly changed your tune when
you started to have a taste of it.
You're one of the people that getting money
to is a bad thing because you actually
abuse your power.
You don't use it in a proper way
to empower others.
I think wealth is great, but it should
(38:09):
be used for yourself, but it also should
be used for the greater good of all
concerned.
I'm not saying to give money to everything,
but you foolishly squander it, and you do
things with Facebook that is so ridiculous.
Yes, we have accounts on Facebook.
Don't use for anything personal, and we do
exchange some content, but again, it's not our
(38:31):
be-all end-all platform.
I've said this to you guys once before.
If you choose to use social media, don't
expect, number one, them to delete something if
you put something up there that you decide,
oh, my gosh, that shouldn't be up there.
It may never come down.
Number two, realize that the outcomes of Facebook
(38:51):
or other social media is predicated not on
you.
You don't own it.
Therefore, the companies that control the social media
platforms, they decide who, when, what, and where,
and if it's ever going to be.
All right, so we will keep an eye
on Mr. Zuckerberg for you, but I think
(39:15):
that's a real issue.
Well, Honda and Nissan decide to do a
merger with their factories, the SUVs in China.
Honda's potential merger with Nissan aims to enhance
competitiveness against the rapidly growing Chinese automotive market,
especially in electric and autonomous vehicles.
Honda sees the opportunity to share resources and
(39:35):
factories to reduce costs, particularly in the development
of software-defined vehicles and advanced driving systems.
Honda is also interested in Nissan's large SUVs,
like the Armada Pathfinder, to basically bolster its
hybrid offerings.
However, Nissan has faced financial struggles, including a
sharp earnings decline, which Honda sees as a
(39:56):
chance to utilize excess factory capacity.
While challenges like tariff threats and EV incentives
persist, Honda remains committed to electrification and their
plans to expand its EV lineup.
Wow, that's just a lot.
(40:19):
Unicast reports data hacked in Norway.
A location tracking company, Unicast, confirmed to the
Norwegian government that it was hacked with the
breach involving its subsidiary, Gravy Analytics.
The hack discovered on January 4, 2025, compromised
data from Gravy's server via a misused access
key.
While some leaked data appears authentic, the full
(40:42):
extent of the breach is still under investigation,
and it's believed some stolen files may include
personal data.
Unicast and the Norwegian Data Protection Authority have
not provided additional comments on the matter, which
is very interesting.
We'll have to see what happens with that
too, but lots of things happening, more hacks
happening as well.
(41:03):
And here's one I think that's really interesting,
a new innovation.
By using a biodegradable paper battery, it will
now offer the ability to have energy revolution
in a whole new way.
A Singapore based startup, Flint, has developed a
biodegradable paper battery made from renewable materials that
(41:24):
can decompose in just six weeks.
The battery offers a similar lifespan to traditional
lithium ion batteries, but is lighter, cheaper, and
more environmentally friendly.
It uses a hydrogel ring within the paper
as an electrolyte and separator, making it adaptable
to existing battery manufacturing processes.
(41:45):
Flint is also discussing potential partnerships with over
20 companies in sectors like consumer electronics, electric
vehicles, and space exploration.
With a $2 million in funding set, the
startup is focused on commercializing the technology to
provide safer, sustainable, and more cost-effective energy
(42:06):
solutions.
That's very, very interesting.
And Mr. Zuckerberg is back on the map
again.
Yeah, you can't keep yourself out of trouble,
can you, Mark?
So Mark Zuckerberg criticized Apple in a podcast
with Joe Rogan, as we said, but he
was accusing the company of lacking innovation since
the iPhone launch by Steve Jobs.
(42:27):
He called Apple's recent efforts, such as the
Vision Pro headset, and I quote, underwhelming, and
suggested the company's reliance on, quote unquote, random
rules limits competition, hurting developers and Meta's profits.
Zuckerberg also argued that Apple security issues, which
prevent other products from easily connecting to Apple
devices, could be resolved with better protocols.
(42:49):
Additionally, he claimed that Meta's profits could double
if Apple stopped its restrictive policies.
So again, he doesn't really care about you.
He doesn't care about me.
He cares about his company.
He cares about his profits.
He talked about nothing else, just the fact
that Apple's move was stupid and wasn't a
good choice, only because it's taking money out
(43:10):
of his pocket.
That's why Mark cares.
Otherwise, to be honest with you, Mark wouldn't
give a darn.
Prime Video uses AI and next-gen stats
to enhance NFL viewing.
Yes, this new system that they have on
the broadcast of NFL games has evolved with
AI and next-gen stats, enhancing how viewers
(43:31):
understand the game.
Using AI, the broadcast features real-time player
tracking, defensive alerts, and pressure points to simplify
complex strategies for all fans.
The introduction of the Skycam has improved viewing
by offering a maiden view of the game
with AI tools like player movement analysis and
offense-defense stats.
(43:52):
Prime Video has created a new, more engaging
experience for NFL viewers, allowing them to explore
deeper insights into the game.
All right, we'll have to see where that's
going.
That's a very, very interesting thing.
And the UK universities quit X over misinformation.
Several UK universities and higher education institutions have
(44:13):
scaled back or completely withdrawn from Elon Musk's
Platform X, previously known as Twitter, due to
concerns over misinformation, particularly after it was linked
to fueling racial riots in 2023.
A survey revealed that many universities, including prominent
ones like the University of Cambridge and Oxford,
have reduced their engagement or stopped posting altogether.
(44:35):
They cited the declining audience engagement concerns over
content promoting violence and the growing toxicity of
the platform.
Some institutions are exploring alternatives for their communication
channels.
Wow, that's a very interesting thing there.
(44:55):
And our last story for the evening is
inside a fusion startup secret opening.
At the opening ceremony of a fusion energy
startup, a truly but bizarre and awe-inspiring
spectacle unfolded.
Venture capitalists, military officials, and scientists entered a
(45:16):
vast high-tech venue, being greeted by robots
playing instruments and a woman serenading, combining extraordinary
piano skills with an intricate gown designed to
control a fusion reactor.
The event, curated by a blend of artists,
scientists, and entrepreneurs, featured an electrifying performance that
(45:38):
blurred the lines between technology and art.
The occasion was organized by a team including
a serenade virtuoso pianist and hacker and Charlotte,
a supermodel and composer, whose collaborations brought together
cutting-edge robots and a visionary fusion startup.
The result was a celebration that captured the
(46:00):
wonder of both technological advancement and artistic expression,
blending them into an amazingly, very unusual, mesmerizing
experience.
Wow, so AI, a lot of these tech
stories with people doing things and other people
(46:22):
challenging them, and the reason they're challenging them
is very simple.
They don't want people to get ahead unfairly,
and I perfectly understand that.
And I have to laugh though with what
Mark's doing.
Mark doesn't care about anybody but himself.
Mark is selfish.
(46:43):
Is that bad?
I don't know, but Mark Zuckerberg is very
selfish, and he's not the only one, but
he is one that's very, very selfish.
And so starting with Allama 3.1, Mark
(47:07):
has established himself as the king of open
source AI.
Contrary to popular belief, Zuckerberg has admitted that
the pursuance of an open source strategy is
due to somewhat a selfish reason about the
tech ecosystem, as he wants to influence how
the models are developed and integrated into the
social fabric.
(47:29):
He managed to quote, we're not pursuing this
out of altruism, though I believe it will
benefit the ecosystem.
We're doing it because we think it will
enhance our offerings by creating a strong ecosystem
around contributions as seen by the PyTorch community.
So he says it right there, ladies and
gentlemen.
He's not doing this for the greater good
(47:49):
of all concerned.
Everything Mark does, he does for his pocket,
for his money.
And so this guy, the only time he
would do something that would seem to be
somewhat altruistic is when he's getting a major
plug for that.
I mean, that's really it.
(48:10):
If he's getting a major plug for doing
something, then guess what?
He's going to do it.
So we started out, ladies and gentlemen, talking
about how the basic of the United States
is somewhat backing Musk in the fact that
moving to open AI in being a publicly
(48:32):
traded company from a not-for-profit, as
we can see, is definitely not a great
idea.
And TSMC, as I said, yes, so TSMC
has many plans for the US.
But you might be saying, John, this is
a little bit crazy.
(48:56):
They made an interesting statement that the TSMC's
US plan is unlikely to get the latest
chip tech before Taiwan.
So again, the company that's driving the direction
of chip manufacturing and the innovations is TSMC.
So TSMC is investing $65 billion in factories
(49:18):
in Arizona.
TSMC's chief executive describes challenges of working in
the United States, and the US government has
offered TSMC strong support.
So I know Trump's probably very, very happy
with this move, because he's been wanting us
to produce more stuff in our own state.
(49:42):
And what he's doing is he's trying to
impose the tariff, right?
The tariff.
So the question everyone's been asking, John, is
so when will Trump impose the import tariff?
And that's a great question.
He's mentioned it on December 5th, 2024.
(50:03):
He's promised to impose a new state slating
of these different tariffs as soon as he
enters office in January.
So does that mean on the 20th or
21st, he's going to do this?
I don't know.
How do tariffs work?
And what do they do?
Tariffs are taxes placed on imports, and they're
imposed by the government on companies that import
(50:26):
goods.
So technically, tariffs are paid by domestic importers.
However, most economists agree that a fair portion
of the cost of tariffs is paid by
the consumer.
So you guessed it, ladies and gentlemen, the
consumers are going to get hit with these
fees down the road.
So during his first term, Trump wants to
(50:46):
go ahead and impose these tariffs that President
Joe Biden left in place during his term.
And what impact the tariffs will have on
the US?
Well, that's still to be seen.
I mean, I think Joe was trying to
do some stuff, but I think he's just
kind of had it.
And so tariffs do affect international trade.
In the aggregate, tariffs basically decrease trade by
(51:11):
making it more expensive for the US to
import goods from certain countries.
Thus, certain places may decide not to import
those things because they don't necessarily want to
pay more money out.
If they don't want to pay more money
out, then they're eventually going to have to
charge their clients.
Nobody wants to pay more, right?
So tariffs increase prices and decrease trade, unfortunately,
(51:36):
gentlemen.
So we're going to have to see what
happens, why it happens, where are things going,
and how is our world evolving?
How is it changing?
And I think this is something that a
lot of people today, tomorrow, and as we
move into the future, are asking themselves, how
(51:56):
do we get more manufacturing back in the
United States of America?
And that's not an easy question.
That is not an easy question, ladies and
gentlemen.
It's not an easy question, but it's something
that we need to consider if we want
to make sure the safety of our job
(52:16):
workers, the things are not getting kicked overseas.
That's a big, big problem.
I mean, one in five companies outsources their
call center.
Did you know that?
One in five companies outsource their call center.
That's a lot.
(52:38):
And with different companies out there offering all
types of things like virtual assistant services and
stuff like that, it's interesting because companies now,
they do 160 hours a month for
(53:02):
$11.99 a month, but it's only for
the first three months, and then they charge
$12.99. So they have the ability to
do rigorous quality control.
They have a workspace app, your time zone,
(53:25):
any hours you want worked, share with colleagues,
and understand the sharing slash storage model.
And I think it's very interesting.
In fact, the thing that I think is
really apropos about this is they have three
prices on their page.
One page is $11.99 a month.
(53:47):
Another page is $10.99. And then their
basic plan is $10.49. And so the
$10.49 doesn't give you unlimited file storage.
It doesn't give you free replacements.
It doesn't give you the customer success manager.
It doesn't give you the rigorous quality control.
(54:09):
It doesn't give you the app.
It also doesn't allow you to share with
colleagues.
So if you wanted something that's going to
be used on a regular basis, then you
probably want to pick the right plan.
But I mean, like this company here, when
I go to the site, okay, and you
go to try to find out where they're
out of.
So they're out of California.
But if I did some further digging, what
(54:31):
I would probably find out, is even though
they are using California, they're probably sourcing their
workers from all over the country.
And this is a big, big problem for
everyone, a very, very big problem.
So like I said, we've got lots of
(54:52):
good things happening with TSMC.
And TikTok, I mean, the world will not
end if TikTok decides, I should say the
Supreme Court justice decides to shut them.
I mean, a lot of people are going
to cry, but they'll get over it.
All right.
In fact, they have a new app now.
I think it's called Lemon7 to replace TikTok.
(55:17):
But here's the thing.
It's actually run and owned by the same
company, ByteDance.
So they're coming, I think it's called Lemon8.
And so Lemon8 has not yet, it's a
video sharing platform that basically markets the fact
(55:38):
of the vertical scrolling format of TikTok in
favor of a Pinterest board style format.
But what Lemon8 and TikTok do have in
common is both have a following and for
you tabs to show you posts from creators
you follow and posts the app thinks you
will like.
So it's interesting, but I think we're going
(55:59):
to have to wait and see what's going
to happen.
Because I think that daily show, that's going
to be a very, very big day because
if they speak to people and let's say
it's not in alignment with what they want,
I see this becoming a huge, huge, huge
problem.
Well, just a quick wrap up, everyone.
We talked about Mr. Elon Musk not being
(56:24):
in favor of moving OpenAI to basically a
public company.
We talked about TSMC starting to manufacture four
nanometer chips, Infosys with their counter soon Cognizant
in Texas, Amazon deciding because they want to
basically save money is what I would think
(56:45):
that they're starting to pull back their DEI
programs.
TikTok, we're all on pins and needles as
to whether it will be released to be
banned or whether it will be kept.
And Zuckerberg just seems to be speaking stuff
that's not really true.
Flynn unveils the biodegradable paper battery innovation.
(57:08):
Zuckerberg criticizes Apple.
Prime's new features.
UK university stops using X and the fusion
paper startup.
So lots of great things, ladies and gentlemen.
I hope you have an amazing rest of
your day and weekend, and I'm going to
catch you guys real soon.
Okay.
Take care, everyone.
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