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Hi,
1:23
everyone. This is Pivot from New York Magazine
1:26
in the vox media podcast network. I'm
1:28
Kara Swisher. And
1:28
I'm Scott Galloway.
1:30
How was your weekend, Scott? That
1:32
was really nice. I have my closest
1:35
and oldest friend who I met in the four
1:37
North grade at apartment in town. Wow.
1:40
And I've been thinking a lot about trying to
1:42
did you know one in seven men
1:44
in America, and it's up from one
1:46
in twenty just twenty years ago.
1:49
One in seven men in America don't
1:51
have a single friend. What?
1:54
don't have a single friend, and it's one in
1:56
ten for women. Friendship is under attack.
1:59
Really? Yeah. We don't meet
2:01
the random points of meeting
2:03
them. They kind of ceremony and institutions
2:05
have been broken through COVID. Mhmm.
2:07
Following your friends on Instagram generally makes
2:10
you like them people have decided they can no
2:12
longer be friends with a large part of their
2:14
traditional friend base because of their
2:16
political leanings. Yes. friendship
2:19
is really under attack. Yeah.
2:20
Yeah. Well, it's interesting. I would like to get rid
2:23
of friends, but that's different. But
2:25
I was reading a piece in The New York Times are Kinless,
2:27
people who are Kinless. with, you know, as they
2:29
get older, there's just gonna be this is it's
2:31
millions of people. It's in an amount
2:33
of
2:33
people. Mhmm.
2:35
But if they have no kin, children,
2:38
they decided not to get married, etcetera,
2:39
etcetera. So there's a growing coterie of
2:41
these people and they have to figure out how to take care of them.
2:44
and they also have now lost a lot of
2:46
friends. And so how do
2:47
you this one woman was was
2:49
very sad. Like, she's just by herself. She said, I just
2:51
talked to store clerks and my doctors,
2:54
which was depressing
2:54
on every level. So it was
2:57
kind of interesting to how do you create those
2:59
friendships communities that
3:00
are in person and in real life or online?
3:02
I mean, there's there's online relationships.
3:05
So it's it's definitely
3:06
a big issue and that we've gotta go
3:08
through especially is there's this aging population
3:10
who are isolated. Yeah. Yeah. And I
3:12
say loneliness is the
3:15
equivalent of smoking seventeen cigarettes a
3:17
day for your health. So essentially, what you have
3:19
is tens of millions of people to
3:21
look at another way. thirty to fifty
3:23
million Americans have all of a sudden started
3:25
smoking a pack of cigarettes a day in terms of
3:27
health impact. I
3:29
think it's be actually a really big
3:31
topic of discussion and concern. Did
3:34
you have a nice time with your friend? Did you play well?
3:36
Yeah. We went out. He's dating a much younger
3:38
woman, which side. So I enjoyed
3:40
just being in that context, and we went on and
3:42
got ridiculously fucked up. And then I
3:44
spent the majority of Saturday recovering,
3:46
and he spent the majority of Saturday trying to pretend
3:48
that he can hang, he can roll with the young people,
3:50
but it was fun to see that world for anything.
3:53
It's a it's a nice being old. I have to say, I
3:55
came up and saw Michael Bigley
3:57
as I came
3:57
to New York. Oh, you saw him? on Mike Show.
3:59
Yeah. It was great. And I'm gonna be
4:02
interviewing him this week on It
4:04
was great. It was and we met him afterwards. Oddly
4:06
enough, we met Drew Barry Moore too. Oh.
4:08
Who was backstage? Yeah. It was nice. And
4:10
then Louie King, So it was a lovely
4:12
it was a lovely
4:13
short time with my beautiful son. Yeah.
4:15
So today, we're gonna have a lot of things to
4:17
talk about. The newest front in content
4:19
moderation and what it means for the future of social
4:21
media, and Scott will help us understand
4:23
how to make good business decisions for your
4:25
stakeholder. He's turning into Professor
4:27
Gallaudin for our very high Why
4:30
not? We'll be teaching. And we'll speak
4:32
with Nobel Prize winner Maria Ressa,
4:34
one of my friends speaking of friends, about
4:36
democracy and dictatorship. She's
4:38
amazing. But first, this weekend,
4:40
Trump took the truth social to suggest
4:42
that the fraud of the twenty twenty election
4:44
was so serious that it, quote, allows
4:47
for the termination of all rules, regulations,
4:49
and articles, even those found in
4:51
the constitution as usual
4:53
Trump's remarks were met with minimal backlash
4:55
by Republicans were still in a vote form even
4:57
though he doesn't like the constitution. The
5:00
statement comes in contrast to Kevin McCarthy's
5:02
announcement last month. The Republicans would read the
5:04
entirety of the constitution. on the floor of the
5:06
house when they take control in January. Oh,
5:08
good god. This guy. And of course, they're like, oh,
5:10
he tweets a lot of stuff. This one's
5:11
pretty amazing. It's a sort of
5:14
so comical
5:15
First off, he doesn't understand the constitution.
5:17
You know, this is the equivalent of when he got
5:20
in front of a church and held up the
5:22
bible in started making money wise. We
5:24
should suspend the constitution. Yeah.
5:26
That's that's that's gonna happen. Well, now
5:28
here's you had the response that Republicans
5:30
kinda had others. Democrats were more hey,
5:33
he's gonna be the lead. He's probably gonna be
5:35
the candidate.
5:36
Is that problematic? Should we not
5:38
just
5:38
go off this guy?
5:39
That's how we handle
5:40
him now. This guy said what? There's
5:43
I've kinda He had dinner with who.
5:45
Right. I've kinda I almost had a comfortable
5:47
circle on it, but there is
5:49
a genius to feeding
5:52
the rage machine no matter
5:54
how ridiculous or stupid your argument is.
5:56
And what it's come down to is
5:58
that both Trump and Musk
6:00
have I
6:03
don't believe Trump would have
6:05
ever been president and Musk
6:07
would have attained the kind of wealth he's
6:09
attained. Had they both not realized that
6:11
it's more important than the world is thinking
6:13
about you than what they think about you.
6:16
And -- Yeah. -- so
6:19
what Trump is has basically
6:21
acquiesced to Musk is that Musk
6:23
is now doing a more effective job
6:26
of being the story every seventy two
6:28
hours. I mean, if you think about this, whether
6:30
it's letting you on, kicking
6:32
them off again, picking
6:34
a fight with with Apple,
6:36
something I'm fairly certain happens is
6:38
Trump has a kitchen cabinet. I don't know if it's
6:40
one person or three people. And
6:42
their mission is the following. You
6:44
just need to be the story. there
6:47
is wealth around fame, regardless of what
6:49
your fame is for. And I'm Tanya Kerr
6:51
and you can go back and really look at
6:53
it every seventy two hours. They decide
6:55
regardless of what it's about, we need
6:57
to be the story. And
6:59
so I'm trying to figure out, are
7:01
we better off And and
7:03
Democrats get angry that people aren't
7:05
offended. That's our primary thing. Like Why
7:07
is this story? Why isn't this Yeah. Republicans,
7:09
why aren't you offended? Why aren't you saying something?
7:12
Yeah. And the reality is we probably I'm
7:14
not sure we just shouldn't be talking about
7:16
it because -- Mhmm. -- it just
7:18
adds So that's what Republicans would like. they
7:20
they cannot be done. But I'm not sure I'm not
7:22
sure in the long run. I wonder
7:24
if we'd be better off when it's sort of sort of
7:26
nonsense. I don't think this is only on any
7:28
traction. I don't think it's a real I don't think it's a
7:30
I think election denial or when Kerry
7:33
Lake or a candidate start running
7:35
for the electoral boards who are denies.
7:37
I think that's a real threat, and we have to have a very
7:39
public conversation about it. This
7:41
is just trafe. This is just an
7:43
attempt Until he becomes the candidate. until
7:45
he becomes a candidate. Doesn't matter. Well,
7:47
but for this story, but the way he
7:49
becomes the candidate is to be in the news
7:51
every forty eight hours and to You
7:53
think? I think people get tired of
7:54
many people. To create rage on the other side
7:56
because now people vote for candidates, not
7:58
based on what they'll do for them, but their ability
8:00
to inflame the other side, which they hate so
8:02
much. And this rage
8:04
has become kind of the the
8:06
fissure material for
8:08
this for this nuclear reactor around
8:11
If it works,
8:12
if it works, there's a there's a move to for
8:14
Democrats and some Republicans get together
8:16
and
8:16
elect Fred Upton, who is a non
8:18
election denier. very
8:20
moderate guy to the speakership because
8:22
Kevin McCarthy is not sucking up enough
8:24
to the right, which would be interesting. Wouldn't
8:26
that be interesting? That would
8:28
be interesting. Anyway, we'll see. You're right. I think you're
8:30
probably right on the whole, but it you should still
8:32
be irritated. Not not more than irritated
8:34
that probably the candidate for the public
8:36
party is talking for the end of the we
8:38
should pay attention to it. We should put
8:40
a pin in it as they say. By the way, I carry
8:42
around
8:42
a copy of the constitution. Do you I did not know
8:45
that. I carry it all the time. I like to
8:47
refer to it when people argue with me. I carry
8:49
around later this at women's prison film.
8:51
It's kind of the same time. Yeah. Okay. Kind of the
8:53
same time. Alright. Okay.
8:54
The DOJ is asking for an independent
8:56
review of FTX's bankruptcy.
8:59
The justice department
8:59
wants the probe to review, quote,
9:02
substantial and serious allegations of
9:04
fraud, dishonesty, and incompetence, which
9:06
could have damaged crypto as
9:09
a whole. The filing also described the
9:11
meltdown as the, quote, fastest, big
9:13
corporate failure in American history.
9:15
SPF is still is
9:17
that's he's going to jail. I don't know
9:19
what else to say. He's in some fashion. He's going to
9:22
jail. And I think his little pity
9:23
party PR thing is
9:25
not working well for him. Incredibly
9:27
dumb. that that's gonna
9:29
still come back to haunt him. He should
9:31
he should not be all he's doing is
9:33
reminding everyone every day of just how
9:35
insane and what a
9:37
what a spectacle this was
9:39
and I mean, he's he's being
9:41
really poorly advised right now, really poorly
9:43
advised. I don't think he's being advised. his
9:45
father. It's him and his father. Well, his
9:48
parents have done it. I
9:50
mean, this is just -- Yeah. -- this is just
9:52
a dumbest strategy ever. And the thing I
9:54
just can't handle is all
9:56
of the the crypto Taliban and has
9:58
tried this, you know, this
10:00
jujitsu move of claiming
10:02
that it was the median politicians
10:04
protecting him. and
10:06
that no. Actually,
10:08
the truth is, it was the CryptoTaliban
10:11
who didn't wanna have a conversation about it and
10:13
and all also VCs who claimed that
10:15
institutions and regulators needed to stay out of the
10:17
way and that the media didn't get it. Yep. That's
10:19
right. They were the ultimate enabler
10:21
here, and they decided, okay, we're gonna write love
10:24
letters. So Claire Capital's gonna put out a big
10:26
thought piece on why he's the type of person they
10:28
want to back. Despite the fact, he doesn't have
10:30
a board. despite the fact he
10:32
decided to to incorporate in the
10:34
Bahamas. I wonder why. Despite the fact
10:36
there were no audited financials, And
10:38
just so ridiculous. It's like regulators,
10:41
government, you just need to get out of the way. And
10:43
then all of a sudden it's like, well, where are you?
10:45
It's your fault. Right. I mean, it
10:47
is Right. No. I know. They just won't have
10:49
any type of hypocrisy for
10:51
them to not -- It isn't. -- holding up a
10:53
mirror and going, okay. we got this wrong.
10:55
They won't. They won't. It's the same thing with Elon no
10:57
matter what he does. He he he pooped on
10:59
the floor. They'd be, like, brilliant move.
11:01
Brilliant. You just do move, sir.
11:03
that kind of thing speaking
11:04
of judges. You know, whatever whatever
11:07
people, he's going to jail. That's
11:08
pretty much what I think is happening here.
11:10
Also speaking of damage control, someone
11:12
who's effective at it, Tim Cook was on Capitol
11:15
Hill. He was also at the state dinner
11:17
for McCall. The Apple CEO
11:19
met with lawmakers on Thursday amidst
11:21
criticism of Big Tech Republican lawmakers
11:23
complained about app store fees and the Apple's management
11:25
of airdrop features during protests in
11:27
China Cook seemed to please the right ahead of
11:29
Republican's signature of the House, which representative
11:31
Jim Jordan said that the judiciary committee
11:33
will be. calling their meeting very
11:35
good. Of course, this is the same thing. He did the
11:37
same thing with Elon, and he's really good
11:39
at it.
11:39
This guy is a is a pro. Well, I don't
11:41
know if you heard. Okay. This is
11:43
This is a sense you will
11:45
never read in the news. Yeah.
11:49
Cook reveals internal
11:51
discussions regarding Don
11:55
Junior's pictures of Don Junior's penis.
11:57
You won't ever read that headline.
11:59
Yeah.
11:59
Apple and Tempe have a female. Never
12:02
engage. in that type
12:04
of weirdness. I
12:06
mean Yes.
12:06
We'll get to that in a second. But Anyways, I'm sorry.
12:08
talk about this in particular. He's being very deaf
12:11
in terms how we handle. So he's got big
12:13
problems around China and the App
12:15
Store and things like that. No question. Let's not
12:17
dismiss those. It's not credit that pressure,
12:19
but he's handling it in the way that
12:21
a professional CEO does. I
12:23
love the term fiduciary. And that is,
12:25
I am here representing other people's interests.
12:28
and also grace. Now they're
12:30
moving out of the out of China into Vietnam
12:32
and India. Well, you can just
12:34
take any iPad, making it a
12:37
a button and app on the iPhone, doubling
12:39
down on the iPhone. The AirPods
12:41
don't get the recognition they deserve. They just
12:43
make very good very
12:45
big decisions, but also he's not afraid to take a punch.
12:47
He doesn't feel like he needs to counter punch
12:50
and clap back all the time. He
12:52
is willing. He shows a a certain level of decorum.
12:54
And more than anything, he
12:56
he gets it. It's not about
12:59
me. It's about stakeholders,
13:02
shareholders, employees, the Commonwealth,
13:04
and I am here to represent
13:06
other people's interests. Anyways,
13:09
I'm go if I'm invited to the White
13:11
House, I will go and I will be
13:13
polite. It just -- Mhmm. -- he reeks of
13:15
a a certain class and
13:18
responsible, you know, responsible.
13:20
I I'm sure in the I'd love to see the thought
13:22
bubble over his head when he's meeting with Jim Jordan,
13:24
but he certainly will be core he will -- Yeah. -- and he will
13:26
talk he will he will treat him with respect to the
13:28
to the space. Representative
13:30
Jordan, you know, you're would you
13:32
like to see that what we're working on
13:35
Anyways Yeah. Yeah. Yeah. He's yeah. They're
13:37
still gonna face pressure with this app
13:38
store. I think, you know, it's the problem
13:40
is the people representing the
13:42
the side of we need to do something about it
13:44
or a horse's assays. And but they're right
13:46
in terms of some of it that's got to be
13:49
more transparent, etcetera, and we'll talk about that
13:51
in a second. But I think it's really important
13:53
that that how
13:53
he be he's he's behaving
13:56
correctly for Apple shareholders and
13:58
and employees. And
13:59
tech in general, tech in general so that
14:02
it doesn't become this ridiculous scream
14:04
fast. And he's a calmer downer as
14:06
opposed to others who are That's what men do. That's
14:08
what real men do. We we have this
14:10
terrible mythology
14:12
or lie, then men
14:14
escalate and antagonize and
14:16
fight real men real men
14:18
deescalate. That's the whole point. They
14:20
used their strength. I was at a I was
14:22
in talking about the doucheus doucheus and doucheus
14:25
and doucheus drill. I was in Antucket at a bar and two
14:27
guys were drunk. Yeah. and they started
14:29
having words. And --
14:31
Mhmm. -- I knew kind of tangentially the one
14:33
guy and I I tried to just,
14:35
like, distract him. And then this
14:37
other enormously buff guy just
14:39
kinda came up in between the two of
14:41
them and made some jokes and
14:43
separated them and handled it with such a
14:45
plumb. When I went out to him, I'm like, we need
14:47
more men like you. I mean,
14:50
this guy -- This guy -- more
14:52
fun enough to stop that. I could've killed
14:54
everyone in the bar. But instead, he used
14:56
his physical strength to come in and deescalate
14:58
the situation. Yeah. I
14:59
love that. You know, I was just thinking about
15:01
my son, Louis, and
15:03
he's always doing that. He's always trying
15:05
to calm everybody down. I was thinking,
15:07
I didn't do this as a
15:08
parent, but boy, is it a great quality and a
15:10
man? Will you learn about it in relationships too.
15:12
And I think there's a learning here and I'm going Ester
15:14
Perelle. But as a young man,
15:16
when someone espouse or
15:18
or girlfriend got in my face about something,
15:20
I reared up gathered my thoughts
15:22
and got back in their face. And
15:24
then what do you realize? my qualities. They wanted
15:26
the kids to help the relationship. to me
15:29
too. Yeah. because you wanna acknowledge the
15:31
problem and you wanna on saying, you're
15:33
right. because the fact that you're upset means
15:35
there's some voracity to what you're saying.
15:37
And then focus on what you can do and
15:39
deescalate the situation. Yep. In any
15:40
case, we have to get onto our first big
15:42
stories.
15:45
It's been said one day,
15:48
all politics will be about content
15:50
moderation this week brought us one step closer to that
15:52
reality. On Friday, journalist Matt
15:54
Tyeibe released batch of
15:56
internal Twitter emails, Doug. The Twitter
15:58
files he did it on. He really released that
15:59
he put them on. They're
16:00
very confusing. The emails came
16:03
from twenty twenty when Twitter executives decided
16:04
to block a New York Post story about Hunter
16:07
Biden's laptop
16:07
at the time. The company said the story
16:09
violated the policy about publishing hacked materials.
16:12
Tayebi's post showed internal debate over the
16:14
decision and the rationale. It
16:16
seemed rather exactly what yolked
16:18
told me in an interview earlier in the week. Elan
16:21
Musk seemed to have given them to him, obviously.
16:23
He said, we a lot in his things. He
16:25
promoted the post, teased it before,
16:27
said they were gonna be hot, and to reveal
16:29
was a flop, even right wingers like
16:31
Sebastian Gorka called it deeply
16:33
underwhelming. It was less than that. There was it
16:35
showed it actually thoughtful people disagreeing
16:37
and trying to figure
16:38
things out and making mistakes. Anyway,
16:40
what I saw was nothing. There
16:42
still haven't released other things.
16:45
I don't know what they thought these
16:47
emails would show. I
16:49
I don't know what to say about them. They were just they
16:52
were
16:52
nothing burger. which got Muscular and
16:54
said that that the media should be
16:56
famous for calling them in nothing burger, but
16:58
that's precisely what they are and
16:59
they made serious allegations about first
17:02
amendment violations that weren't there. And one of the
17:04
funnier parts was the penis
17:06
situation with Hunter Biden which
17:08
was several requests involved taking down
17:10
nude photos of his junk
17:12
that were posted without his consent.
17:14
And I feel like that was a good
17:15
decision. And they asked me to get involved
17:18
and I said, well, I'll help you on the hard
17:20
parts. I knew
17:21
I knew you'd love this story.
17:23
First off, Is it fair to call Matt Tayebi
17:25
a journalist? I mean, was he really a
17:27
He was. Oh, okay. But I I
17:29
mean, people occasionally introduce me
17:31
as a journalist because of what we do here. And I say, I'm not a journalist. A
17:34
journalist, fact check, journalists feel an
17:36
obligation to hear both sides and try and
17:38
call balls and strikes. I
17:40
don't think this guy was calling balls and strikes here. I
17:42
think he was acting as the public relations
17:44
comms person for the wealthiest man in the
17:46
world, and Jessica Yellen
17:48
who I adore summarizes
17:51
perfectly. She has this
17:53
kind of news service called me who's not
17:55
noise, and she put in big bold letters,
17:58
noise. Release Twitter emails
18:00
show how employees debated how to handle twenty
18:02
twenty New York Coast Hunter Biden
18:04
story, and she writes, also not
18:06
a thing. Musk hyped the release of
18:08
internal communications, exposing the
18:10
identity of former Twitter employees,
18:12
claiming it showed interference to suppress Ressa
18:14
story about Hunter Biden. but the
18:16
leaked doesn't show that. And musk
18:19
hypingness is another creepy use of the
18:21
platform to stow conspiracy theories
18:23
and drive partisan outrage.
18:26
I think I perfectly summarizes what happened there. Yeah.
18:28
You
18:28
know, it was interesting in the emails,
18:30
congressman Rocana actually contacted
18:32
Twitter and
18:33
said, He shouldn't do this. He's
18:34
quite left, you know. I mean, he would be
18:37
the
18:37
liberal the liberal party of
18:38
the Democratic party. And he
18:40
thought it was it was a bad idea to take it down. Let it let
18:42
it flow kind of thing at the time. And that's
18:44
what happened. Twitter made a mistake,
18:47
Jack Dorsey, what I liked about it was
18:49
seeing the debate. Actually, I was sort of hard on that
18:51
there was a lot of debate internally.
18:53
And they made a wrong decision, and
18:55
then they changed it. And
18:57
then in Congress, Jack Dorsey said it was a
18:59
mistake. It was a total mistake. And
19:01
and that Raucona was writing at
19:03
the time in real time saying you
19:05
you shouldn't you know, there was no
19:07
need to take it down in Yolked,
19:09
told me it was a mistake.
19:10
Ultimately, for me, it
19:13
didn't reach a place where I was comfortable
19:16
removing this content from Twitter. Everything
19:18
about it looked like a passion league and
19:20
stuff like I want to do that.
19:22
but it didn't get there for me. He actually did not
19:24
wanna take it down. So it's I was sort
19:26
of heartened, but it made Twitter look kinda good. I
19:28
I don't know. They made a mistake and they
19:30
they fixed it. a story
19:32
here isn't what happened or didn't happen. It's kind
19:34
of like internal communications porn. It's
19:36
titling to watch the sausage being
19:38
made. It's the fact that Elon
19:40
Musk has gone full partisan and
19:42
has now weaponized his platform
19:44
for ride leaning viewpoint. He
19:46
didn't he didn't release internal communications on
19:48
the discussions they had around kicking Trump
19:50
off the platform. Yeah. No.
19:52
He didn't. He noticed that. The actual
19:54
debate here in the conversations but
19:56
it's a nothing burger. What's interesting here is that
19:59
Elon Musk has gone red pill and has
20:01
decided that I'm going to
20:03
weaponize and go after
20:05
to make make Democrats and the
20:07
president look bad as
20:09
opposed to I mean, this is just unprecedented.
20:11
We never had a meeting Well, and also the they
20:13
didn't check the penis thing. They didn't check
20:15
the new check the penis thing. It
20:17
was crazy. Real reporters checked,
20:19
real people
20:20
checked, and it was like, oh, they were
20:22
asking to take down non consensual pictures
20:24
of his ding dog. can't believe Republicans
20:26
are defending that. That's like I don't
20:28
know. III think the big takeaway here
20:30
is it confirms something I've always thought
20:32
I would love to party enroll with
20:35
Hunter Biden. I just think that would make for him
20:37
to be some weekend. I
20:38
feel sad. Interestingly, at the same time,
20:40
he had to content moderate Elon
20:43
on Friday, Twitter
20:44
suspended the artist formerly known as Kanye West
20:46
after he tweeted an image of
20:47
a swastika inside of a star David. But I don't
20:49
think that's what got him suspended because that got him
20:51
an eight, twelve hour suspension. he then posted a
20:53
picture of Elon looking
20:56
fat, that
20:56
famous fat picture with
20:58
Ari Emmanuel. And that's
21:00
when he got thrown off. I it
21:02
was weird because I retweeted it
21:05
in a way saying this this isn't how
21:07
decisions should be made, and I
21:09
got blocked by Elon immediately within
21:11
minutes. of putting that up. So they're obviously paying attention
21:13
to that picture. I don't want to, but
21:15
I mean, this was someone that we knew was gonna
21:17
misbehave online. They let them on, and then
21:20
you know, he says something, like, fuck around and
21:21
find out. Like, we already knew he fucks
21:24
around. We already found out, but we keep
21:26
giving these people a We're talking about a year,
21:28
Hunter. Are we talking about her? Yeah.
21:30
Yeah. And and
21:30
and Hunter too. We know each other. I
21:32
can't figure out. I can't figure out. This
21:34
is what I don't like about it. It's like,
21:37
okay. we need to
21:39
extinguish antisemitism and
21:41
stop using both sides of them
21:43
around mental illness. the
21:45
majority of mental ill people, mental illness doesn't
21:47
over index around bigotry versus
21:49
mentally healthy people. So these people don't
21:51
have an excuse because
21:54
they're quantified to mental illness. At the
21:56
same time, all this
21:58
dud was bring oxygen to another
22:00
vile human being and bring him a
22:02
lot of YouTube traffic because it's on the
22:04
YouTube channel of another vile person. And
22:06
I wonder -- Okay. -- I I don't know
22:08
if we're I don't know if
22:10
our outrage or talking about it does
22:12
more harm than good. I'm I'm
22:14
struggling, Kara. I'm struggling. It's
22:16
done.
22:16
Well, here's the thing. How do you deal with this? Because he's
22:18
essentially making decisions on the fly.
22:21
He he he had a text from
22:22
Elon telling he'd gone too far.
22:24
He can't do
22:25
this. this is It's be
22:27
they're gonna try to lean into automation to
22:29
help content moderation. Obviously, it's harder.
22:31
And the real story, of course, is it's
22:32
missing its weekly ad revenue Ressa.
22:35
like a lot. That's really the actual story.
22:38
What the fuck are you spending
22:40
your time said every Tesla shareholder
22:43
ever. What are you doing?
22:45
What are you doing involved in this bullshit?
22:47
Yeah. I
22:49
this is the problem. They're gonna get sucked on these things. Yay
22:51
was the subject, as you said, of another moderation
22:54
decision. on YouTube. The network's
22:56
removing clips of an interview between
22:58
Yay. It's not Yay. Yay. I don't
23:00
care. Yay. And Alex
23:02
Jones which
23:02
the artist said he loves Hitler and
23:05
Nazis, Alice Jones and Infowars have
23:07
been banned from
23:07
YouTube since two thousand eighteen.
23:10
he, of course, isn't buying parlor, which we can we just
23:12
say we predicted or me in particular, predicted
23:14
that he wasn't gonna be buying parlor.
23:17
Meanwhile, Amazon CEO Andy
23:18
Jassy says his company will not remove
23:21
an anti Semitic film promoted
23:23
by Kyrie Irving. Jonathan
23:25
Greenblatt of the anti defamation league called
23:27
on Amazon to add a disclaimer to
23:29
the film, calling it, quote, the
23:32
bare minimum.
23:32
I mean, this is they cannot
23:35
artisanally figure this
23:35
stuff out. Well, I think it's the problem
23:38
when you have I mean, it's
23:40
so important that artists and
23:42
creativity are given some such a wide
23:44
berth to say -- That's correct. --
23:46
Ressa. And at the time, maybe
23:49
inappropriate things. I think Netflix was right to lead Dave
23:51
Chappella. The problem is, when these
23:53
organizations become such
23:55
global conglomerates, and
23:57
you have autocacies specifically
23:59
China that become so important to
24:01
shareholder value that
24:03
you end up with John Saina giving an
24:06
apology in Mandarin saying, I
24:08
apologize for saying, Taiwan was
24:10
a nation. and you just end
24:12
up with these types of conflicts that it
24:14
suppressed artistry. And, I mean,
24:16
that's kind of suppressing free speech. We
24:18
now have two every super film
24:20
Every superhero film has two versions, the version for
24:22
the world and the version for
24:25
China. So, you know, it's a real
24:27
issue here and it's a function
24:29
of size and when you the more tentacles you have, the more likely
24:31
you are to have some sort of conflict or
24:34
uncomfortable. You know, participant media,
24:36
I met the CEO. They're only such an
24:38
interesting guy. You know, they they
24:40
can kinda do what they want. Can
24:42
Apple TV? I'm as
24:44
I was, I'll bring this back to me. I've been
24:46
talking to a bunch of
24:48
high profile writers and producers about
24:51
the story around Big Tech and the personalities
24:53
involved. And it's like, okay. Mhmm. Apple
24:55
can't do it. Apple can't distribute it.
24:58
Yeah. Amazon can't distribute it. So
25:00
basically, we're kinda down to HBO because
25:03
all of these guys have such deep roots and
25:05
a big tech.
25:06
Yeah. Yeah. It's interesting. It's it's
25:08
funny that Andy left it up, and, of course,
25:11
they'd never do a show on Elon
25:12
Musk, for example. Or
25:15
you know, they have all the things. I think what's
25:17
interesting is that each of them is making these
25:19
decisions individually and it's
25:21
nearly impossible when they do
25:23
it or they just have to take responsibility.
25:25
They decide to keep it up, suck it
25:27
up and take the criticism. And you're gonna get
25:29
it from
25:29
the Jonathan Greenblatt to the world because
25:31
that's their job.
25:32
to say this is an anti Semitic film.
25:34
I think you have to give a wide berth to
25:36
a lot of these things including Shabelle. I just didn't
25:38
think Shabelle was
25:39
funny. as opposed to Mike Probiglia,
25:42
and it was just service to his talent.
25:44
But Yeah. That's fine. Don't watch it.
25:46
That's you're right. In that case,
25:47
leave it up. And I think what they have
25:50
is There's another film
25:50
about to make a controversy at
25:53
Netflix of Palestinians and Israelis.
25:55
And look, the Israelis do not look good in
25:57
this this thing. there's gonna
25:59
be attacks on
25:59
that
26:00
coming up in from internally from the
26:03
company. And at some point, you just have to
26:05
say, work this is what I'm gonna do
26:07
someone else could make a different decision, but this but they're
26:09
gonna have to be doing this over and over
26:11
and over again. And in proof proving it
26:13
is Elon Musk coming to take down
26:16
cut. Yeah. If he really stuck to his gums, he would've let him do
26:18
it because there's lots of pictures of swastikas
26:21
online. It's just hard to do
26:23
individually to figure this
26:25
out. or admit that that's exactly
26:26
what you're doing. You're not a free speech absolute
26:28
as Durey. I will make the decisions here,
26:30
and that's what we're doing.
26:33
But what is appropriate? What is
26:35
non appropriate? Any fidelity
26:37
to free speech to the first amendment?
26:39
Any attempt to develop a systemic
26:41
construct that can be scaled across the millions
26:43
of decisions that I have to make around this
26:45
is totally moot. He doesn't care. It's
26:47
how can I be in the news in the headline
26:50
today? because it's been seventy two hours. It's
26:52
just But I do think I I do think other
26:54
companies do struggle with this Netflix. I
26:56
do think Amazon like,
26:59
what books should it have should it have weapon books on there? Should it
27:01
it's really you know, with the with
27:03
everything out there, you have to be
27:05
making these decisions real time.
27:07
again, just like with Twitter bringing it back to it, sometimes you make
27:09
a mistake, then you put it back up. Where I'm
27:11
going
27:11
is, the the conversations they're having at
27:13
Netflix and at Amazon or
27:16
you know, marvel or those are honest conversations.
27:18
They're really trying to figure out a way to thread the
27:20
needle here, given given shareholder
27:23
interest, given concerns around free
27:25
speech and giving it to an autocrat.
27:27
It's not an honest conversation at
27:29
Twitter. The actual concept.
27:32
The actual construct. The actual fidelity
27:34
to the concept means is meaningless
27:36
to Elon. It's like -- Mhmm. -- how can I be
27:38
in the news today? That that's what drives everything. That's
27:40
the tail wagging the dog here.
27:42
Yeah. There's no There's no
27:45
there's no order. He should have
27:47
celebrated those emails because it
27:49
showed mistakes were made and they fixed it. Like,
27:51
that to me is the way it should work. I don't
27:54
know. I I don't not expect mistakes.
27:56
by the way. And I don't know what I would do if I was anti Jazzy
27:58
on this anti Semitic film. I probably would have
27:59
a would just say, you know what? We're not gonna do
28:02
that. Like and
28:03
you also have to resist
28:06
people
28:06
like Greenblatt who again, it's
28:08
his job to to do this. Right?
28:11
Or not resist him. And say, I've
28:13
decided my mind and I'm gonna take
28:15
it down. You can go get it somewhere else.
28:16
It's less of a threat on Amazon. If
28:18
Amazon I think Amazon in
28:21
a different artistry portrays people
28:24
in negative lights that sometimes as
28:27
bigoted. And I think that should be
28:29
allowed where it gets dangerous is when you
28:31
put that content on Facebook or Twitter and
28:33
the algorithms go, this outrageous people.
28:35
So we're gonna give it more sunlight than it would get
28:37
on its own. Yeah. Yeah. So I
28:39
don't it it's look, it kinda
28:41
comes back to the same thing. A hallmark of
28:43
a free society is that you can
28:45
pretty much say anything about
28:47
anyone to anyone. And
28:49
I'm I are on the
28:51
side of, okay, we're gonna put it up,
28:53
but they shouldn't be recommending it because it
28:55
pisses people off. shouldn't be on the front, you know, in
28:57
the home screen because it causes controversy.
29:00
Yeah. They just minimize -- Right. --
29:02
minimize it. I mean, you know, I had an interesting
29:04
a text back and forth that Anthony is Garamucci because he was on some weird he
29:06
was on thing. And I said, he's convinced
29:08
he was shadow bad. And I I you know,
29:10
we had a good I said, read this,
29:12
this, and this, and we had a great talk about
29:14
that. I said, I think you're you're trafficking
29:16
with people who are not honest. You
29:19
know, like and you need to think
29:21
about, like, Is there proof Has happened? And
29:23
I was like, in all these emails
29:25
show, no, it doesn't happen like
29:28
this. then but the problem is once you get believing a
29:30
conspiracy theory, you have to
29:31
you have to live that conspiracy theory all
29:33
the way to the end. Mhmm.
29:34
You really do. and
29:36
you have no you you get trapped
29:38
in it. And so you it is The only
29:40
thing you can say is, oh, I was wrong,
29:42
and that is impossible in a conspiracy
29:44
theory minded thing. anyway, it's an interesting
29:46
thing. There's gonna be more of it. And
29:49
and these people did not think they were gonna have
29:51
to do this and nor are they qualified to
29:53
do so. Anyway, we'll go on a quick
29:55
break. We come back. We'll hear a lesson
29:57
from Professor Galloway about leadership.
29:59
Maybe they can take some
29:59
tips from you. and will speak with a friend
30:02
of pivot Ressa about the free press
30:04
dictatorships in social media. She
30:06
knows a thing or
30:06
two about moderation. Support
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32:21
Okay,
32:24
Scott. We're back. We're gonna do a
32:26
little something different tonight. We should do this more often. We're
32:28
gonna hear a lesson. from our favorite professor,
32:31
Scott Galloway, to set the stage here.
32:33
You've been
32:33
thinking about corporate decision making like we
32:35
just
32:35
talked about especially in light of the cast of
32:37
Twitter, but elsewhere all over the place Tim
32:39
Cook, YouTube, everywhere, where Elon seems to making
32:41
big decisions according to Twitter polls, for
32:44
example. So I
32:44
want you to talk to us about the best way
32:46
for business leaders to make
32:49
decisions and which stakeholders
32:51
should they prioritize? Take it
32:53
away, professor God.
32:54
I don't know if it's the best way, but it's my way. And
32:56
over the last twenty years, I have advised personally
32:59
either the CEO or the CMO of thirty one
33:01
of the hundred largest consumer companies
33:03
in the world. and I say that because I'm desperate for other
33:05
people's affirmation. But anyways I was just thinking.
33:07
I should talk to smart people. When the
33:10
SCP or the CMO, want
33:13
you to do something. It's kind of an
33:15
omnibus large macro decision. Should
33:17
we be opening our own stores? Can you do
33:19
an audit of our channel strategy? Or
33:21
what should social strategy, big hairy
33:23
questions that require a lot
33:25
of thinking you come back in and you do a two
33:27
hour presentation. When the CEO
33:29
would call me into his office, and it was
33:31
always a hymn. Occasionally, not always, most
33:33
of the time it was a hymn. He would be
33:35
about a specific thing along the lines of thinking
33:37
of doing this. What do you think? I'm thinking
33:39
of acquiring this company or we're thinking
33:41
of making a statement
33:43
around Charlottesville or making a statement
33:46
around this. you have two things. You
33:48
have your gut, but what I would say is let's
33:50
create a construct for how we make this
33:52
decision in a more thoughtful way that will at least
33:54
inform our gut. You don't have to listen
33:56
to it But how do you distill decisions down to something
33:58
more quantitative? And I'll use two
34:00
examples. The first is Nike's
34:02
decision to come out and actively
34:04
politicize Nike, which they
34:06
did when they endorsed Colin Kaepernick in
34:08
the midst of
34:10
the movement where he was taking a knee. A lot
34:12
of people fairly or unfairly said, look, this is a
34:15
guy who's blessed to be in America. He's making
34:17
millions of dollars a year. and
34:19
he has weaponized the national anthem, and
34:22
it's totally inappropriate. Now,
34:24
I I don't I don't agree with that, but I
34:26
can understand the argument. So at
34:28
the time for Nike to
34:30
kind of give him a bear hug was a
34:32
risk, or at least perceived
34:34
as a risk. And this is
34:36
how you break it down. You
34:38
immediately segment their stakeholders
34:40
and decide what is the level of impact
34:43
to the positive or to the negative of each stakeholder
34:45
and then kind of add it up and decide whether
34:47
or not it's a good idea. So let's
34:49
do that. Two thirds
34:51
of Nike's business actually comes from outside of the
34:53
United States, and nobody outside of the United
34:56
States thinks the US has figured out
34:58
race relations. The
35:00
majority of the biggest markets look at the U. S. and think on race
35:02
relations were kind of screwed up that that is one
35:04
of our Achilles heel that we don't
35:06
shape ourselves in glory there.
35:08
Internally, the third of Nike's business that comes from the domestic
35:11
market in the United States, two thirds
35:13
of it is people under the
35:15
age of thirty. And
35:17
a large portion of the bulk
35:20
of that business is from
35:22
people of color. So
35:24
when you really nail down or you go
35:26
to, okay, some people are gonna like this
35:28
decision and see it as leadership and
35:30
endorse it and feel good about it. And other
35:32
people, it's going
35:34
to upset and they're going to think less of the Nike brand.
35:36
But when you talk about the latter, when
35:38
you take the two thirds out of
35:40
international, when you
35:42
take the the consumer base that is the U.
35:44
S. you're really mathematically
35:46
talking about probably three
35:48
percent to five percent of NIKE's
35:50
revenue Ressa.
35:52
is in the blast zone where they will think less
35:55
of the brand. They're generally red state. They don't
35:57
buy Nike's. Over the age of thirty
35:59
five, that video showing
36:02
that individual will burning their nikes. I joke that that person
36:04
had to go out and buy their first pair of
36:06
nikes. So this was on a
36:08
risk adjusted basis a
36:10
really smart
36:12
move because it pulsed and reinforced the brand. It's
36:14
demonstrating leadership qualities. It strengthened the
36:16
brand among a constituency
36:18
that makes up the lion
36:21
share of their revenue. Good idea,
36:23
huge upside, not a lot
36:25
of downside. They're perceived as being a
36:27
leader despite the fact they really weren't
36:29
taking much risk. So not only was it the right thing to do, people
36:31
would argue it was a smart thing to do. Now
36:34
let's go to Twitter. Musk
36:36
has politicized Twitter
36:38
towards the GOP. Just as
36:40
Nike went more progressive,
36:42
Musk has gone much more
36:44
conservative, much more GOP. now.
36:48
Let's talk about the business. Let's segment it,
36:50
right? About forty percent to
36:52
fifty percent of the business comes from the U. S.
36:54
in the U. S. thirty eight
36:56
percent of their buyers identify as
36:58
Democrats, thirty percent Republican,
37:00
thirty two percent independent
37:03
or other. So Tesla owners actually lean
37:05
a little bit left. You could if you
37:07
had to describe them, but they would be center left.
37:09
Their biggest market in the US
37:12
is California. So you have arguably a center
37:14
left leaning group. And
37:16
there was some research done
37:18
by the morning council And
37:21
they do a net favorability rating
37:24
where they say do you have a favorable view of the
37:26
brand and then they minus the number of people who
37:28
have a not favorable view of
37:30
the brand. And across all US adults, the Twitter
37:32
brand has lost five and a half percentage
37:34
points. The Tesla brand's six
37:36
percentage points
37:38
amongst Democrats. Get
37:40
this, Tesla has lost
37:42
net favorability of twenty
37:44
point three percent
37:46
just in thirty days October to November.
37:49
across Republicans, it's up
37:52
three point nine percent. So
37:54
when you take the larger
37:56
base, which is center
37:58
left, and times it by point
38:00
eight. And then you add
38:02
in forty five percent
38:04
times point
38:06
you know, point point 044
38:09
percent you end up essentially with
38:11
the exact opposite of Nike. You're
38:13
making a move that
38:16
across your different segments is a lot
38:18
of downside for the larger part of
38:20
your market and pulses and pleases
38:24
a lesson horton part of your market. It is a bad decision.
38:26
It is a stupid decision
38:28
that distinctive what you think of it
38:30
politically is not economic. So let's recap.
38:32
What do you
38:34
wanna do? You always want to take these qualitative decisions and
38:36
attempt to distill them down
38:38
quantitatively. Even if it's impossible,
38:40
you'll learn along the way and it'll
38:42
inform you decision. You wanna
38:44
segment the marketplace. You
38:46
wanna have a sober conversation around who
38:48
registers upside and downside
38:50
across those
38:52
different segments. how important each of those segments are to the
38:54
business and then just do a bottoms up
38:56
mathematical equation
38:58
on what the net negative or
39:01
positive as economically, and that will inform your
39:03
decision. Nike embracing
39:06
Capernac was on a risk
39:08
adjusted basis, a great
39:10
idea for shareholders. Twitter
39:12
embracing, right
39:14
leaning, ideology here on a net basis
39:16
is a really bad idea.
39:21
fantastic. That was really interesting. Let me ask you a couple
39:23
of quick questions, so we get to
39:26
Maria.
39:26
Is there a difference between
39:28
private and public companies? because Elon owns
39:30
privately. Nike's a public company. The difficulties
39:33
of drowning out noise seems to be
39:35
the biggest problem CEOs face leaders
39:37
face now is droughting
39:39
out noise. And even I'm a small
39:42
leader, but sometimes I'm often telling
39:44
people who work
39:46
with me, just establishing the noise. It doesn't matter. It doesn't matter. It
39:48
doesn't matter. I say it a lot. And I'm
39:50
doing it on an intuitive basis a lot of
39:52
the time because I've been there,
39:54
done that. But is there a
39:56
difference between public and private
39:58
and understanding that
39:59
much of it is noise like you just
40:01
talked
40:01
about with Jessica
40:04
Yellen. It's harder as a public company because every three months, every
40:06
ninety days, you know, you're gonna get a lot of questions
40:08
and you have to answer. So
40:11
when -- Right. -- in and out burger
40:13
decides to put psalms on their
40:14
on their trays that I think
40:17
a lot of people probably think I
40:19
could do without that. It would be likely
40:21
that would be brought up several times
40:23
on quarterly earnings calls. But
40:26
they don't have to do it. And when Cartier
40:28
decided to pull their name
40:30
off of Lincoln's and air
40:32
fresheners and go go take the
40:34
company all their basically cancel all their
40:36
licensing agreements because they thought it was bad for
40:38
the brand. they took a
40:40
huge hit over the course of four
40:42
quarters, but they could they had that flexibility because they
40:44
were a private company. They can do things in private. And
40:46
Michael Dell took those bigger
40:48
or those huge tech companies private.
40:50
He said there's so much there's
40:52
so much blood that's gotta happen here in
40:54
cutting. We wanna do it under the auspices of
40:57
closed stores. So it's harder for public
40:59
companies. Now granted, they get a bump
41:01
on valuation by being public because they bring
41:03
in retail investors who are generally
41:05
more tolerant of higher valuation. So there's an upside that
41:07
you get cheaper capital, but the downside is
41:10
you get a scorecard every ninety days and
41:12
people are in
41:14
your face. It's harder to take contrary positions as a public
41:16
company. I mean, that requires real
41:18
leadership because the people are in
41:20
your face every ninety days,
41:22
asking you questions, and asking you
41:24
how, you know, your move on China
41:26
has affected the numbers this
41:28
quarter, you're just more subject to short
41:30
term pressures. Right.
41:31
Right. Or or or you sort
41:33
of lean into those kind of things? because,
41:35
like, Balenciaga has had to apologize for
41:38
ads featuring
41:40
BDSM Teddy bears, I think,
41:42
bondage bears. I had not heard
41:44
that. They sometimes they try to wander
41:47
into controversy for business.
41:50
Correct? right, that you'd want to do things like that. That it's it
41:52
mathematically, it's a good thing. Correct? And
41:54
some could say to Elon's many
41:57
of his fans say, He
41:59
understands. He's
41:59
doing this. He's keeping them in the news. He's getting
42:02
people interested. And then he touts the
42:04
numbers, for example. Does that
42:06
matters? Is noise sometimes a
42:07
good thing? Yeah. I remember I was on the border of an outfitters and the
42:10
family is the Republicans.
42:12
They're wonderful people. They're conservatives.
42:14
And when
42:16
Charlottesville happened, And
42:18
and the CEO was was very much in
42:20
favor of those. We said we should come out
42:22
with a public statement and just say that this
42:25
this type of bigotry has no place anywhere. And I
42:27
said, it's especially important that you
42:30
say that because across your employee base and
42:32
across Pennsylvania, you're known as
42:34
a conservative. And so it's it's especially powerful when you set.
42:36
And also, the thing
42:38
about a statement like that is it's
42:40
highly perishable. It's
42:42
the first and second people who say it to get credit. Everyone else
42:44
just seen us like, okay, it's safe. Now
42:46
we'll we'll we'll say it. But
42:49
-- Right. -- but I think that
42:51
stuff everything has gone so
42:54
political than
42:56
now people expect their companies. And also, by the way, I think it's okay for a
42:58
company to say. And, you
43:00
know, we're not gonna
43:02
be political. People are here. I
43:04
forget who it wasn't tech. We had a discussion
43:06
about the last year our company. Base Camp. The
43:08
company basically said, look, we're here to help you
43:10
develop economic security and build
43:12
something great. what you do on evenings and weekends and who you support or don't
43:14
support is up to you, and we're just not we're just
43:16
not doing this. I would say I found that it's
43:18
ignoring
43:18
what your employees are
43:20
talking about your employees are interested. I think Netflix is in the middle of that right now.
43:22
They have an employee base that gets has
43:24
opinions, and then they have a CEO who
43:26
wants to make his own decisions. I
43:30
so that's that's gonna always
43:32
cause. And they just have to live with it. That's, you know,
43:34
that's the employee base they have. You know,
43:36
this maximized shareholder value at
43:38
all cost
43:38
just sort of Friedman ask, that's changed obviously over
43:40
time. Who do you think the shareholders really
43:42
are? They've talked about stakeholders, all this
43:44
stuff? Is that just a lot of
43:48
nonsense in a lot of ways people look at ESG and other
43:50
things? Or is it important to think about
43:53
employees that money
43:56
shareholders society in general, does that shifted? I do think it shifted.
43:58
And I remember I was
44:00
on the board of Eddie Bower, and I was
44:02
put on the board by the creditors
44:04
Ressa take it
44:06
through bankruptcy. And I remember we,
44:09
the highest bid we got was from a licensing
44:11
company that was just going to take the eighty
44:13
dollar brand. and and and
44:16
licenses out to different
44:18
licensees out of China. And that meant laying
44:20
off two thousand people in
44:22
Seattle. Mhmm. And we as the board
44:24
said, we're not gonna accept this bid. We're gonna open
44:26
bidding again and see if we can
44:28
get at least the same offer from someone who
44:30
will keep some are the majority of the employees here. Because when you're talking
44:32
about two thousand people, I mean, that's
44:34
real pain. Right? Yeah. And then
44:36
immediately, I got a call from
44:38
the hedge or one of the hedge funds
44:40
to put me on the board and some twenty six
44:42
year old douchebags gave me a lesson on the
44:44
invisible hand of economics and how I how I
44:46
had no right to be making decisions
44:48
for shareholders. So you have an
44:50
active debate, but I find that
44:52
generally speaking,
44:54
directors are civic minded
44:56
and it's become the transition from
44:58
shareholder to stakeholder are not being lazy around
45:00
just what moves the share price up.
45:02
is an important conversation. I find that people are much more thoughtful
45:05
around their carbon footprint. I
45:07
think, unfortunately, ESG has
45:10
backfired. It's like,
45:12
well, who decides what is environmental
45:14
and sustainable? It just it
45:17
it's it's turned into something that
45:19
is kind of more bullshit and more jazz hands than actually
45:21
doing anything. Like, Southwest Airlines got some big ESG award.
45:23
I'm like, they they consume
45:26
two billion two billion gallons of
45:28
gasoline to to tell me how it works. It
45:30
opens yourself up to people who are critics for sure.
45:32
But I think there's been AII do think
45:34
there's been shift and also some of it is just quite frankly back
45:36
to shareholder driven because caring
45:38
about your employees in an
45:40
economy that's
45:42
not about brands and manufacturing capability.
45:44
It's about intellectual property margins
45:46
and tech and employees where
45:50
basically eighty percent of your and the the players
45:52
wins. You gotta listen to your
45:54
employees. Like, if you have a bad rap,
45:57
a glass door,
46:00
I mean, it can it can literally bring down a company.
46:02
Yep. Thank you,
46:03
professor Galloway. And now we're gonna
46:05
bring in our friend
46:08
of pivot Maria
46:09
Ressa is
46:12
the CEO, Co
46:14
Ressa and President of Rappler, the
46:17
top digital news site in the Philippines. She's the winner
46:20
of the two thousand twenty one Nobel
46:22
Peace Prize. You may have heard of it for
46:24
her work documenting social media
46:26
manipulation. She's also covered a
46:28
violent anti drug campaign by the
46:30
former president Rodrigo Duterte.
46:32
He's all she's also the author of a new
46:34
book how to stand up to a dictator, the
46:36
fight for our future. Welcome Maria Ressa.
46:38
Hi. Thanks for having me Cara,
46:40
Scott. So just so people know, Maria is
46:42
a friend of mine, has become a friend of
46:45
mine, but we started out because she was the one that alerted me
46:47
in I think two thousand sixteen,
46:50
seventeen about the problems at Facebook because they
46:52
weren't listening
46:54
to her. So I I credit with you with
46:57
with radicalizing me in a lot
46:59
of ways, in a weird way to
47:01
what was happening. to social
47:04
media. So I want you to just jump right
47:06
in here. Social media is supposed to be a
47:08
democratizing tool. We've seen it used
47:10
successfully by leaders who oppose
47:12
democracy, though, Trump, Duterte, Bolsonaro. So talk a
47:14
little bit about the overall thing, and what
47:16
got you to notice it? Because you
47:18
have been creating a site, not
47:20
unlike all things digital, but you were focusing
47:22
in on anti drug
47:24
campaign and things like that, at
47:26
Nueterra Tech. talk a little bit
47:28
about how you came to be this fighter for social media
47:30
justice, really. Oh my gosh. Well, first,
47:32
you know, the the days
47:35
when it was an enabler for good
47:38
or long haul. I mean, Kara, you know this. You
47:40
guys have been doing a lot of that re reporting
47:42
already. I looked at it
47:44
post Arab spring. And then when we were watching the Arab spring, I was
47:46
like, oh my god. It's social network analysis.
47:49
I came from doing counterterrorism,
47:53
terrorism network analysis of
47:55
how we track the
47:58
spread of a
47:59
virulent ideology there's both the
48:02
physical and then there's also the
48:04
spread of the idea. And social
48:06
media, social
48:08
networks. So seemed a fantastic way to do it. And then when social media
48:10
came along, it's times
48:12
four. So looking at it as a
48:14
force for
48:16
good, that was around twenty ten, twenty eleven.
48:18
And
48:18
then by twenty
48:20
thirteen or twenty fourteen, well,
48:23
twenty twelve the end of twenty eleven to twenty twelve is
48:25
when we set up Rappler in the Philippines,
48:28
which really was just first
48:30
a Facebook page. And if had
48:32
better search, we probably wouldn't even have set
48:34
up
48:34
a website, but thank god we did. Anyway,
48:37
by twenty
48:38
third teen. It was social
48:40
media for social good. I
48:41
was a truest of true believers.
48:44
We began to see all
48:46
these ships happened the
48:48
end of twenty fourteen, twenty fifteen.
48:50
And that's when the danger
48:54
signals arrived. Yeah. And you called you called it to me and and you wrote
48:56
it this in the book, but you said the Philippines were a
48:58
canary in the coal mine of coordinated
49:00
social media
49:02
attacks. and you brought that to me. You brought because you were having a real
49:04
problem with the Facebook people and
49:06
you started listening. And I
49:08
don't think I helped you very much, but
49:11
You gone to Singapore to talk to them,
49:14
the people who are Facebook locally.
49:16
And then you you approached Mark Zuckerberg
49:18
himself and he made a joke talk a little bit
49:20
about that so people can have context of
49:22
what you were trying to do. You were warning
49:24
people. I was because it was the data
49:26
that we were getting was extremely
49:28
alarming, and I gave that data to
49:30
Facebook in August of twenty
49:32
sixteen. So this is
49:34
before
49:34
the presidential elections before and
49:36
it
49:37
was I
49:38
it looked like, you know, a torrent
49:41
because most most Americans think about this as free
49:43
speech, but it really isn't flipping it
49:46
the other way where free speech is
49:48
like a bullet, where disinformation is a
49:50
bullet, and then the gun that's
49:52
being used is information
49:54
operations. So what we were living through
49:56
was the beginning of this, and I went to
49:58
Facebook in Singapore, I said,
49:59
hey, like, Tell us, this
50:02
is very alarming. Can you give me more
50:04
data? This is the data I have? We
50:06
wanna do
50:06
a story, and at the very least,
50:08
please give me a statement. It took a
50:10
month or so. I held the story. I wrote
50:12
two of the three parts of the weaponization of the
50:15
Internet series. I held it because I
50:17
thought it was more important to actually
50:19
fix it. This is where I was still not easily
50:20
thinking that they would fix it immediately.
50:22
Mhmm. It came out
50:24
in October, but in in August
50:27
twenty sixteen, I cracked the joke because I thought it was it
50:30
wouldn't have happened. I said, if we don't do
50:32
something about this, this is one of those things
50:34
that, you know, Trump could win.
50:37
and all of us around the
50:39
table laughed. By twenty
50:42
seventeen, the this would be the F8
50:44
conference. I was sitting about
50:46
a dozen startup founders that all relied on Facebook,
50:48
different businesses, different industries.
50:50
I was the only one from media at that
50:54
table. And and I
50:56
asked Mark to come to the Philippines
50:58
because I felt like he met he didn't
51:00
understand the power that
51:02
this plot form had. Mhmm. And, you know, what I was coming at it
51:04
for is my god, what a tremendous power
51:06
for good this
51:08
could be. So I I told
51:10
them I said at that point ninety seven
51:12
percent of Filipinos on the Internet are on
51:14
Facebook. Facebook is
51:16
our Internet. And everyone around the table was quiet, and,
51:18
you know, Mark started frowning, and I
51:20
thought, you know, I it was, like, too
51:22
pushy
51:22
because I'd asked him twice to come
51:24
visit. then he
51:26
he just looked at me and he said,
51:28
wait wait, Maria. Where are the
51:30
other three percent? Oh, no.
51:32
we all laugh, but that
51:34
is growth at all costs. Right? Yeah.
51:37
So we we have a tendency to
51:39
be reductive and just talk about
51:41
all a big tech. Yeah. When you're dealing
51:43
with Google or YouTube or Facebook
51:45
or Twitter, can you stack
51:47
rank who you
51:50
would argue expresses or
51:52
has the greatest desire to let citizenship
51:54
come at the cost of shareholders
51:57
or
51:57
vice versa? You mean, who puts company about over
51:59
country? That's more exactly for you. Right? I
52:02
mean -- Yeah. -- so of the
52:04
plat of these
52:06
technology companies,
52:06
Facebook had the
52:08
most impact on the Philippines, so every
52:11
little thing they did, every shift
52:13
we could feel. You know, it
52:15
was like, we could feel immediately. And I would watch all
52:17
of the data
52:18
because I run. At that
52:20
point, we were the largest online
52:23
you know, news site. And so
52:25
it was I think that was one.
52:27
The second is YouTube. YouTube
52:30
was is
52:30
in in many ways has has gone below the radar screen
52:33
because it while it's posted on YouTube, it's
52:35
it's also the second largest
52:38
search engine. And in the Philippines, starting in twenty thirteen, even
52:40
though we had dismal speeds, Filipinos
52:44
uploaded and downloaded the most number
52:46
of videos. YouTube.
52:49
Twitter was very,
52:50
you know, only I
52:52
think when we began Rappler, only seven
52:54
percent of Filipinos were on
52:56
on Twitter. Right now, it's roughly sixty three percent TikTok
52:59
is gaining ground. And
53:01
TikTok is is scary
53:04
actually of all the platforms because if
53:06
I think of Facebook as kind of like
53:08
a blunt mallet, I think of
53:10
TikTok as a
53:12
surgical probe. But in
53:13
in addition to impact who when you walk into an
53:15
office and you get a meeting with the CEO
53:17
of these firms, and you can show data
53:19
that there's some
53:22
there's some real damage happening on their platform. Who do
53:24
you expect to take it most seriously?
53:26
And who do you expect most consistently to
53:28
just delay an obfuscate? And I'm asking
53:32
you, I mean, again, we tend to group them all and
53:34
assume that they're all the same people. And they're not --
53:36
Okay. -- they have a different approach. What's been your experience
53:38
with each of those firms?
53:40
Well, so let me first say that we partners with
53:42
all of these platforms. But as as
53:44
I began to
53:45
write the book, as I began to
53:47
become more disillusioned, I've
53:50
actually actually pulled myself out of Rappler's day to day
53:52
in terms of editorial and operations.
53:54
So I haven't dealt
53:56
with them in terms of
53:59
day to day
53:59
operations because I think the problem is
54:02
far more systemic. I don't want to
54:04
argue for just what will make Rappler
54:06
better. I want them
54:08
to fix the systemic problems that are there. And of all of
54:10
them, I mean, what's part of it is because I'm
54:12
this is my thirty six year as a journalist.
54:15
And so even at the beginning when
54:16
they were all beginning to set up
54:18
their offices in in Southeast Asia
54:20
and in Manila. I could
54:22
talk to people. I could talk to the heads of
54:24
each of these groups. They would always listen,
54:26
but I was never
54:28
certain in
54:30
terms of comprehension, would it be run up the flagpole, I
54:33
believe so? And there were people I
54:35
would I could trust
54:36
in each one of these groups
54:38
I think they can see the harms. And I think
54:40
inevitably almost all of them will come back with, you know,
54:43
we can only do so much
54:46
you know, it has to be all throughout I mean, Karen, you you
54:48
know this. Right? Yeah. I do. Let me say a
54:50
a particular thing in the book. You talked
54:52
about the Google report on problems
54:56
that it got suppressed or Ressa just
54:58
didn't publish it. Jigsaw. Talk about that.
55:00
Jigsaw. At Jigsaw, there was this great researcher
55:03
who was they they they give them a lot of money to do research.
55:05
Yeah. And I know a lot of researchers at all
55:07
these places, and they're all
55:10
vaguely depressed.
55:10
I would say, if I would if I
55:12
would talk to them. Yeah. Yeah. Imagine if we could
55:14
actually get all of that data and
55:16
then you'd be able
55:17
to help Well, in this one,
55:20
this is Camille Francois. She
55:22
was the lead researcher for jigsaw. This
55:24
was early the end of twenty
55:26
sixteen, twenty seventeen. She had gathered
55:28
together about a dozen researchers
55:30
all around the world. And the
55:32
draft, by August twenty
55:34
seventeen, there was a draft like,
55:36
global reach, including for the first time,
55:38
the first time I saw gender gender
55:42
disinformation that women
55:44
and marginalized LGBTQ
55:46
that would if you're marginalized in
55:48
the real world, you'll get further marginalized because
55:50
of the way the code works. Right?
55:52
So it was the first time I saw that, but I also
55:54
saw it broken down in four different ways. If that report had
55:56
been published at that time,
55:59
I am certain because of the people involved in
56:02
it, and because it was jigsaw, the
56:04
think tank of Google. Right? It would
56:06
have had
56:08
tremendous impact for good. I think the warning signals would
56:10
have gone up much earlier. But instead,
56:12
you know, by I think October
56:16
I came to New York, to the jigsaw and and I
56:18
had lunch. This is what I wrote in the
56:20
book. I had lunch with Camille. And Camille
56:23
said, oh, you know,
56:25
We're not gonna publish it as a whole,
56:27
but each one of you can publish
56:30
your own, what you've
56:32
written. That doesn't help. Right? because you don't have the big picture. It's exactly
56:34
what tech does. It atomizes for
56:36
meaninglessness. So, you know,
56:38
it didn't surprise
56:40
me that a few months
56:42
later, Camille left, Jigsaw.
56:44
I mean, again, having said that, I
56:46
still work with Jigsaw. I never
56:48
did get a clear reason
56:50
why the report wasn't published.
56:52
Mhmm. But it's the sad
56:55
for business. Yeah. Well, I
56:57
mean, what's bad for business if
56:59
they continue this? They wreck the
57:02
environment we live in, well, I suppose this is like
57:04
climate
57:04
change. Right? Yeah. Right. Right.
57:06
Yeah. The US has a special relationship.
57:08
with the Philippines. We have bilateral defense agreements. We have,
57:11
I mean, we're inextricably linked to the
57:13
Philippines from a defense standpoint. Do
57:15
you think the government has
57:18
an obligation to play more of a role in these
57:20
types of issues, and they might with
57:22
other southeastern Asian nations. I
57:26
think that
57:26
the US government has has to
57:28
play a role ahead in some ways like
57:31
the technology companies It also abdicated responsibility
57:33
for these American tech companies. Right?
57:36
I mean, now it's not just the
57:38
American tech
57:40
companies, TikTok and China are moving in
57:42
and moving in faster than the
57:44
growth of these original companies. But,
57:46
you know, the the kinds of problems
57:50
that these companies created because
57:52
the government, the US government
57:54
failed to regulate them. And
57:56
this sounds, you know, people People
57:59
say, you know, well,
57:59
it is free speech. It's not free speech. This is free speech
58:02
used to stifle free speech.
58:04
This is a man form
58:05
that prioritizes All
58:08
of them, social media, prioritizes the spread
58:10
of lies. Things that will
58:12
keep you scrolling, you both know this.
58:14
Think about the upside
58:17
down incentive structure that
58:17
creates for everything,
58:20
including the shifts
58:20
in values, the shifts in the way you
58:22
look at the world, the way you act, January
58:26
sixth is a natural extension
58:28
of this kind of upside
58:30
down. I mean, I always talk about
58:32
Netflix and how we're living in the upside
58:34
down. So Okay. So
58:36
has the government has the US government
58:38
done enough? Absolutely not. The EU
58:40
is stepping in, but it's very late.
58:42
very late for countries like mine -- Right. -- we elected for
58:45
Danone Markle Junior, the only
58:47
son in namesake of of
58:49
the former dictator who was ousted
58:52
thirty six years earlier in a people
58:54
power revolt that sparked
58:56
democracy movements in other parts of the
58:58
world. So We're
59:00
here because of this. In
59:02
this in terms of the special relationship you
59:04
talk
59:04
about, though, Scott, what the
59:06
The
59:07
Philippines and the United States, you know,
59:09
the Philippines is America's former colony.
59:10
We were under Spanish
59:14
colonial rule for three hundred years. I mean, our one sentence history
59:16
is we spent three hundred years
59:19
in a convent and fifty
59:21
years in Hollywood. So, you know,
59:23
this is a country that has a long relationship with the United
59:26
States. It is also extremely
59:27
strategic because
59:30
of the South China
59:32
Sea, what the Filipinos call West Philippine
59:35
Sea. And with
59:37
China, we we the Philippines
59:39
play a huge role.
59:40
So I think the United States
59:42
has, as it is
59:44
lost, in looking at what
59:48
is happening only through political lenses.
59:51
The politics of it is the
59:53
end of the cascading failures.
59:56
that's the impact. They need to go up to look
59:58
at data privacy, to look at
1:00:00
the tech and the data, and
1:00:03
regulate that just like you
1:00:05
know, like a better business bureau for
1:00:07
our
1:00:07
minds, for our Which
1:00:09
they don't. Which which they don't tend to wanna
1:00:11
do. So one of the things
1:00:14
the publishers that had had been posing
1:00:16
up to these companies, including your own, to get
1:00:18
traffic. That's what they're that was their what
1:00:20
they said. They're also facing a declining
1:00:22
business model.
1:00:24
how is Rappler handling the business
1:00:26
challengers? What what now though? I was someone's
1:00:28
asking, where do you go now?
1:00:31
How do you then create a business model for
1:00:33
journalism that pushes back? Because a lot
1:00:35
of these platforms have been a
1:00:37
co opted by you know,
1:00:40
whoever, whether it's Bongbong
1:00:42
Marcos or Duterte or
1:00:44
anyone or Elon Musk. They've
1:00:45
been quarantined. You're talking about
1:00:47
either state cap sure or, you know, like like
1:00:49
rich person capture. Right. But let's be really clear
1:00:52
that the old world advertising
1:00:54
that we used to do is very, very different
1:00:56
from Mike targeting, which
1:00:58
is
1:00:58
what what the tech companies do. I mean,
1:01:00
of course, all of that is is
1:01:02
seeping
1:01:02
into the the media. Look,
1:01:04
what we did in Rappler and
1:01:07
In a strange way, you know,
1:01:09
I guess,
1:01:10
president Duterte actually
1:01:12
forced us to find
1:01:14
an alternative sustainable business model.
1:01:16
What we did was when the
1:01:18
government tried to shut us down
1:01:21
in January twenty eighteen, we dropped
1:01:23
within four months forty nine percent of our advertising revenues.
1:01:26
And the government's war of
1:01:28
attrition
1:01:29
would have succeeded if we
1:01:31
didn't find another way. And
1:01:31
so for two weeks, all of us
1:01:34
in Rappler, the core the core
1:01:36
managers came together, we were looking at everything we
1:01:38
were doing.
1:01:40
And We said, you know, what are we doing that that
1:01:42
these advertisers were too
1:01:43
scared to advertise? We were like crap
1:01:46
tonight. Right? We were doing good
1:01:48
journalism, but No one wanted touch
1:01:50
us because power was targeting
1:01:52
us. And so we looked
1:01:54
at strangely enough, it was
1:01:57
our work on disinformation
1:01:58
on discovering this
1:02:01
information, using natural language
1:02:03
processing to find the messages, the
1:02:05
meta narratives that are seeded -- Mhmm. --
1:02:07
and then doing network analysis to find
1:02:09
which networks continue to spread them. We I started
1:02:11
looking at them like recidivist networks,
1:02:13
and we created, we
1:02:16
spun off, we
1:02:18
created a sustainable business
1:02:20
model using data and
1:02:22
tech. And it was, I
1:02:24
guess, news
1:02:24
was the loss leader
1:02:26
for this. Mhmm. Right? Is that something every news organization can
1:02:29
do? Not yet. I think we're
1:02:31
in creative destruction. of
1:02:34
the reason I could care the
1:02:36
international fund for public interest media. And this
1:02:38
was before the Nobel,
1:02:40
Mark Thompson was former
1:02:42
president of the New York Times, you
1:02:44
know, we are trying we
1:02:46
have raised significant amounts of
1:02:48
money from from
1:02:50
governments that are democratic,
1:02:52
ODA, overseas development assistance
1:02:54
funds to try to help journalist
1:02:57
news organizations stay independent at this
1:02:59
extremely critical moment. You know, you won
1:03:01
the
1:03:01
Nobel Prize, you know, and you came out in this
1:03:03
book. Also, you've done a lot of stuff. You've gotten a
1:03:06
lot of attention. where are you
1:03:08
now? What what risk are you under?
1:03:10
Has that helped to protect you?
1:03:12
Could you still go to prison? And how do
1:03:14
you look at your life now because
1:03:16
this has sort of upended your
1:03:18
entire personal life too. Yes.
1:03:20
All of the above. I mean,
1:03:22
it's it's
1:03:22
feels like quick sand, you know, in every step you take, you just
1:03:24
test the ground and you keep moving
1:03:26
forward. I I can't plan
1:03:30
my life. my parents are are aging,
1:03:32
and I'm trying to figure out
1:03:34
that. Yes. You know? And then in
1:03:36
terms of
1:03:38
I think in terms of of myself, in terms I
1:03:41
I've known who I am, and
1:03:43
I think part of
1:03:45
the reason I I just
1:03:47
have greater clarity. Right? because
1:03:50
this is the battle that matters
1:03:52
if we don't have facts, and I
1:03:54
distill it that clearly. If we don't
1:03:56
have facts, we have no shared
1:03:58
reality. You cannot come
1:03:59
together as society
1:04:02
and democracy Well, that's
1:04:04
just one of the things that dies, but a lot
1:04:06
of things die.
1:04:07
We elevate, we allow.
1:04:09
The last trap chapter is called why fascism is
1:04:12
winning. And then the kind of micro
1:04:14
lesson I put underneath it is
1:04:15
as what we need to do right now,
1:04:18
which is in the
1:04:20
interim. Right? because in the long term, it's
1:04:22
going to be education, which is going to
1:04:24
take too long. It's generational. In
1:04:26
the medium It's gonna be legislation and this should have already been put in
1:04:28
place so that EU will kick in in
1:04:30
twenty twenty three. But in the
1:04:32
short term,
1:04:32
the short term We
1:04:34
are in as much like hand to hand combat
1:04:36
as Russia and Ukraine, and
1:04:38
yet Americans don't feel that, Filipinos
1:04:41
don't feel that. every
1:04:44
person on social media is
1:04:46
being insidiously
1:04:46
manipulated and were affected
1:04:49
at three different levels. So I I
1:04:51
feel like this moment, that's the reason I wrote the book. You
1:04:53
know? It was like, yeah. And I woke
1:04:55
up every day at five AM for a year and a
1:04:57
half to do it.
1:05:00
Good for you. I'm really dead. Are you could you still go to jail
1:05:02
under blah blah blah? Of
1:05:04
course. Yes. I try not to
1:05:06
think about it. But yes, Scott. You know,
1:05:10
look, I I laugh about it because there's no other
1:05:12
way to handle it. I'm not gonna change
1:05:14
because obviously, like, the end
1:05:16
goal is to hang this amicably
1:05:18
sword over
1:05:20
us to prevent us from doing our jobs. But look, we found a
1:05:22
sustainable business model. Their --
1:05:24
Yeah. -- crisis is opportunity. So I'm
1:05:28
hoping Well,
1:05:29
Maria, Maria, you are the most optimistic person I've
1:05:31
ever met. Even with the prison sentence
1:05:33
and everything else hanging
1:05:36
above your I have to say. Sure.
1:05:38
Alright. You know, talk about such serious sort of heavy,
1:05:40
even upsetting things. And, like, you got
1:05:44
on this call and you are waving at us. You just have nicest
1:05:46
vibe, but you're a lesson in
1:05:48
in being a beacon
1:05:50
of light and darkness So
1:05:53
I I don't know what you're on, but
1:05:55
please share. Awesome. I don't
1:05:58
Coffee. Coffee.
1:05:58
Let me just say
1:05:59
that the book party someone said, even without all that she faces, she's
1:06:02
the happiest person we've ever met. And
1:06:04
you're really a hero to me. And many,
1:06:06
many of you.
1:06:06
factious. Thank you. It's really appreciated.
1:06:09
So the book is
1:06:11
how to stand up to a dictator, the fight for our
1:06:14
future, Nobel Prize winner,
1:06:16
Hero Coffee
1:06:18
Drinker, You can
1:06:20
buy the book now. You can also read
1:06:22
please read Rappler dot com. Maria,
1:06:25
thank you for introducing to
1:06:27
yourself almost ten years ago. You've you came to be
1:06:29
for advice, but I you certainly lead the way
1:06:32
now. Thank you very much. Thanks for your important
1:06:33
work, Maria.
1:06:35
Thank you to both
1:06:35
of you. For your remarks, thank
1:06:38
you. Scott, isn't she the best?
1:06:40
Yeah. It's just you meet people like that
1:06:42
and you're thankful. Right? You're
1:06:44
thankful. Stop belly the fuck aching. Sound bell? A hundred percent.
1:06:46
You know what I mean? Like, honestly. I mean, what
1:06:48
could happen to her? She's
1:06:50
under siege.
1:06:52
constantly. I could get off that plane of Manila and be arrested. And
1:06:54
killed. Ressa I almost was, like,
1:06:56
please come back. I will you
1:06:58
can live at my house
1:07:00
because I was worried
1:07:01
about her getting killed by these. These people were
1:07:03
murders, were stone cold murders that were running
1:07:05
the country.
1:07:06
And even now she they they've
1:07:08
gotten so upset said at her, they've created
1:07:10
a persona around her that's so fake that
1:07:12
it's crazy. When I when I ever I write about
1:07:14
her, I get
1:07:15
inundated with crazy
1:07:18
crazy stuff from
1:07:18
the Philippines saying I'm def it's
1:07:21
crazy.
1:07:21
Anyway, one more quick break and we'll
1:07:23
be back for wins and
1:07:26
fails. You
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know,
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1:08:00
slash host. This episode is
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1:09:08
Okay, Scott.
1:09:10
Let's hear some wins and fails. I'm gonna go first
1:09:11
you mind. My fail is Britney Greiner who
1:09:14
has been relocated to penal
1:09:18
colony in Moldovia about two hundred and ten miles east of Moscow. But what do they do?
1:09:20
You're advising by them,
1:09:23
what
1:09:23
do you do? what
1:09:25
do
1:09:25
you do? I know. I don't know what
1:09:27
to do, but I feel like the attention needs to be on her
1:09:30
more heavily. I agree they've been trying to trade her for some arms
1:09:32
Ressa. There's another guy
1:09:34
there. Paul Wheeler is another
1:09:36
president. Yeah. CIA analyst. Yeah. There's all there's
1:09:38
several people there that that need to come
1:09:40
out, but getting sucked up into this Ukraine thing. I
1:09:42
just there was a big story in Los Angeles times about her
1:09:45
her life's gonna
1:09:47
be like, it's twenty four
1:09:49
hour twenty four hour working. She's obviously stands out. She's gay.
1:09:51
But she's facing some
1:09:54
really tough winter there. where
1:09:58
she is. And I
1:09:59
just think that's gonna fail. I don't know
1:10:02
what they do, but
1:10:02
getting her home should be a priority. III
1:10:05
know these prisoner things don't matter, but they
1:10:07
matter in a long way. But I do think secretary Blanken
1:10:09
was on Face a
1:10:12
Nation. I I
1:10:14
think they are I think they really are. She is top of mind.
1:10:16
Yeah. But they wanna make sure they don't
1:10:18
do something that results in more people
1:10:22
being taken. Yep. Yeah.
1:10:23
Correct. And then the wind I'll I'll talk to him. I hope she I
1:10:25
I pray for
1:10:25
her honestly. I don't really play very much. But and
1:10:28
my wind,
1:10:28
of course, is my Chevy
1:10:30
Bolt, which I Oh. so beautiful. What
1:10:32
do you
1:10:33
mean your name? baby belts. Your name is, like, a little jewel.
1:10:35
It's such a good car. It drives
1:10:36
it's
1:10:38
beautiful. Everything is beautiful. every piece is
1:10:41
I I don't
1:10:41
have one completely. have almost no credibility here. No. I I'm telling you, go read
1:10:43
the reviews,
1:10:44
my
1:10:46
friend. It's so beautiful. I'm happy. little bone I'm so happy. killer.
1:10:49
My bone or killer is That was
1:10:51
the rage on Twitter. I
1:10:56
know. Gosh. I'm like, wait. I'm the profane
1:10:58
one. Stay on your lane. Stay on your lane. That's what you named it. I
1:11:02
just named it. wonder what they're doing right now at Chevy they see that name
1:11:05
coming in. Yeah. Something tells me Chevy is
1:11:07
not gonna be advertised. Who knows?
1:11:11
Maybe.
1:11:11
Karen and her Bona killer. She loves it. Anyway, I
1:11:13
love it. So good. Well
1:11:16
done. GM, I have to
1:11:18
say it's a really good car. There's really
1:11:20
interesting. Ford and GM are really owning
1:11:22
the lesser expensive cars in EVs and obviously
1:11:26
test dominates the luxury area,
1:11:27
but the the others Rivian and Lucid
1:11:29
are coming up as well
1:11:31
as Mercedes and stuff like
1:11:33
that. But but these inexpensive
1:11:36
VVs are great. I'm really pleased that there's
1:11:38
that such a good one is available. Anyway,
1:11:40
go ahead, Scott, win and fail. My
1:11:42
win is that I'm surprisingly optimistic. I
1:11:44
think there's been some good things sort
1:11:46
of power to the peoples. My win,
1:11:48
senior Iranian officials said the country should
1:11:51
abolish its morality police. After months of street
1:11:53
protests, and Bremer would argue that it was
1:11:55
mostly symbolic, but still
1:11:57
symbolism matters. In China, after
1:11:59
nationwide protests, Chinese officials
1:12:01
have started to ease
1:12:04
COVID restrictions, more than twenty
1:12:06
cities eliminated the requirement for negative COVID
1:12:08
tests on public transport. And I'm not saying whether
1:12:10
that's a good or a bad idea, but
1:12:13
you are seeing the power of protest
1:12:15
And I think that's a I think that's a reason
1:12:17
for optimism. My fail is I
1:12:19
just can't get
1:12:22
over. how the cryptotalaban in the
1:12:25
VC community have attempted to
1:12:27
pull this jujitsu
1:12:29
move and claim that
1:12:31
Oh, the media and journalists -- Yeah. --
1:12:34
and politicians were protecting Sam Bankman
1:12:36
Freed. and
1:12:39
that had they not been actively
1:12:42
protected
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