Breaking Points with Krystal and Saagar - 6/1/26: US Bombs Iran, Jeff Sachs On WH Econ Lies, Artists Bail On Trump 250th Event
Episode Date: June 1, 2026Krystal and Saagar discuss the US bombing Iran again, Jeffrey Sachs on WH economic lies, artists bail on Trump 250th event. Jeffrey Sachs: https://www.jeffsachs.org/ Brandon Weichert: http...s://x.com/WeTheBrandon?s=20 Cenk Uygur: https://www.youtube.com/theyoungturks To become a Breaking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 hour early visit: www.breakingpoints.com Merch Store: https://shop.breakingpoints.com/ See omnystudio.com/listener for privacy information.
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Good morning, everybody. Happy Monday. We have an amazing show for everybody today. What do we have, Crystal?
Indeed, we do a lot of breaking news that we added to the show.
show this morning. There is a new exchange of fire between the U.S. and Iran. Trump is complaining
about people chirping, making it harder to get a deal. Jeffrey Sachs is going to join us to talk about
all of that. He's also going to take a look at the continued economic fallout. And it's some very
interesting comments from an economic advisor to the president, Kevin Hassett. Is that his name? Kevin.
Anyway, after major cancellations, Trump is floating canceling all America 250 performances and just
giving a rally speech because we've never seen that before.
Israel is being integrated deeply into our defense industrial base.
Brandon Weikert is going to join us with his analysis of that, but it is not too late to stop.
So we all need to take action right away to make sure this provision does not go forward.
Graham Platner and his wife are responding to sexting allegations from a disgruntled former campaign staffer and a bunch of centrist Dems are low-key suggesting that Democrats should vote for the Republican instead.
And Jake Ugar and Hassan Piker were both blocked from entering the U.S.
over their Israel criticism, absolute insanity.
Jank is going to join us live to tell us what happened in his reaction.
Totally and completely nuts.
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oh, everybody hit subscribe to our YouTube channel. If you're listening to as a podcast, please share
an episode with a friend. But let's go ahead and start here with the situation in Iran.
In deja vu for this show, we had something planned for ceasefire. And yet it begins with an
exchange of fire last night between the United States and Iran. Let's go and put this up here
on the screen. Actually, arguably the more serious exchanges of fire that have happened now,
the United States has struck Iranian air defenses on Keshem Island after Iran brought down an MQ1,
or sorry, an MQ1 drone, a $4 million surveillance drone from the United States.
The U.S. fighters also claim that they shot down two Iranian attack tones that posed a threat to ships
in the Strait of Hormuz and transiting oil tankers.
So Kuwait, as of this morning, said that the country was,
then under attack by ballistic missiles and drones, alarm sounded across the country,
United States taking out some air defense systems, radar, and drone sites on Keshem Island.
So all of this is very familiar.
But the exchange of fire, the serious exchange of fire here, multiple different things happening
U.S. bases that were under attack, actually come on the heels of a more serious development,
which is the hot conflict in Lebanon, which, of course, we've been covering day after day
here on the show for this very reason. Iran has said unequivocally that the ceasefire applies to Lebanon.
This was confirmed by the Pakistanis in the original April 7th announcement of the ceasefire.
Of course, fire never actually ceased. In Lebanon, Iran was willing to give the United States
some ground where they were trying to negotiate a ceasefire between the Lebanese government
and between the Israeli government. All of that apparently has currently, as of right now,
seems to have failed. Here is a major reminder by the Iranian foreign minister. Let's put this up here
the screen, again, literally breaking minutes before even doing our show.
This is from Saeed Arachi.
For immediate attention, the ceasefire between Iran and the United States is unequivocally
a ceasefire on all fronts, including in Lebanon.
Its violation on one front is a violation of the ceasefire on all fronts.
The U.S. and Israel are responsible for the consequences of any violation.
And this comes after immediate announcement from the Israeli Prime Minister in response to
the repeated and ongoing violation.
of the ceasefire in Lebanon by the terrorist organization, Hezbollah, and the attacks against
our cities and citizens, I have instructed the IDF together with the Defense Minister Israel Katz
to strike terrorist targets in the Da'iya district of Beirut. So we, again, will almost
certainly tomorrow have some video of just absolutely apocalyptic scenes out of Beirut,
as Israel's military will pound the country of Lebanon. Remember, this is strikes that are
happening in the capital while Israeli forces continued to advance farther and farther into the
country with their own stated goal of never leaving a serious portion and effectively taking over
half of the country. This continues as there were more than 50 attacks, actually, in northern
Israel as of this morning from Hezbollah. So it does seem, look, this has been a low-grade conflict,
crystal has been happening the entire time of the ceasefire. But it is becoming clearer and clear
Israel will not stop its advancement into Lebanon and that the ceasefire talks between the Israeli government and the Lebanese government, which even then exclude Hezbollah themselves do not even appear to be progressing, which is endangering the entire framework or any hope of such framework as of this morning.
Yeah, that's absolutely right. And we've known this from the beginning. I mean, Iran has consistently stated that they are looking for a ceasefire and an end to hostilities on all fronts. They have focused on Lebanon from the very beginning. Remember when Trump announced that,
He had accepted as a basis for negotiations, the Iranian 10-point plan.
It was made very clear in that process that Lebanon was considered essential to moving forward.
And the Iranians have not backed off of this whatsoever.
Meanwhile, Trump has effectively given Israel the green light to go forward with this after at one point saying that, you know,
they must stop and demanding that on true social.
Since then, he has now effectively given them the green light to continue to bomb and attack within Lebanon.
The Israelis and their supporters and allies recognize that this could be a very effective way to blow up the deal.
So no one should be surprised that that is exactly what they are trying to do because they do not want this deal to go forward.
Trump seems unwilling to do what it takes to rein them in and the Iranians are still drawing a hard line around this.
So, you know, to call it a major obstacle, it's an impossibility if some dynamic doesn't shift.
Trump also posting kind of a revealing true social that we can put up on.
the screen here as, you know, deal negotiations seem to be teetering, I guess we'll say.
He said, Iran really wants to make a deal and it will be a good one for the USA and those that
are with us, but don't the Democrats and various seemingly unpatriotic Republicans understand
that it is much tougher for me to properly do my job and negotiate when political hacks keep
negatively chirping at levels never seen before over and over again that I should move faster or
move slower or go to war or not go to war or whatever.
Just sit back and relax, Sager.
It will all work out well in the end.
It always does.
That really reminded me of one of the things Tucker said about his conversations with Trump
when he was urging him not to engage in this foolish and disastrous war is that Trump
said to him effectively, don't worry, it's all going to be fine.
And Tucker was like, well, why, what makes you say that?
Why do you think that?
And he said exactly this, because it always.
works out. It'll be fine because he's always landed on his feet. He's going to land on his feet
this time, not based on any sort of reason or logic or rationality or plan to extricate ourselves
from this mess. Just a blind narcissistic faith in his own sort of like divine right to always
have things work out. Yeah. And so that's what he's selling to the public. The other interesting
thing, Saga, I think to note here is, you know, in his comments about chirping, you could imagine,
and he sort of alludes to that it could be the neocons that he's annoyed.
with in terms of chirping because they're pushing that, oh, we need to go, we need to go back to more
war. We need to be more aggressive. You know, we've got to make sure that we don't give Iran
absolutely anything in terms of this deal. We've got to be as huckish as possible. But that is
sort of undercut, the notion that he's pushing back on them is undercut by the fact that earlier
he encouraged everyone to go and watch Mark Levitt's show. I was going to say that would be very
comforting. That would be a very comforting thought if we did not have this. Let's put A5 up there
on the screen over the weekend, the president posting on Truth Social, watch Mark Levin tonight
at 8 a big show, which immediately then is followed by this Mark Levine interview with the former
Israeli ambassador. Let's take a listen. Tell me, what is the mindset in Israel with the Israeli
people and so forth? Very concerned, Mark, I'll be very frank with you. Very concerned that if
the regime is thrown a lifeline through sanction relief, through the unfreezing,
of frozen assets. You're talking about tens and tens of billions of dollars, then it will continue
to fund his Bala. It'll continue to fund Hamas. You'll continue to build intercontinental ballistic
missiles that have threatened us. And what I want to say to the president, if I had that elevator
talk with him as I talk about in Washington, where you get caught in an elevator with somebody
for two minutes, I'd say to him, Sir President, you have an opportunity to go down in history,
not as one of the great presidents of American history, but one of the great leaders of all time.
the ultimate game changer.
And I know it's difficult and under your immense pressures economically, politically,
but stay the course.
Stay the course and run out the clock on these guys because they have a clock.
And you know what else?
Let's say my team loses the midterm elections in the House of Representatives.
They're still not going to be able to stop the commander-in-chief,
the president of the United States under our Constitution.
from doing what he needs to do and what he wants to do.
War Powers Act, no War Powers Act, and all the rest of it,
unless they intervene in a budgetary way and literally cut us off.
But that's on them if they do it.
So that's basically, we're all ungrateful nits,
and it's all worth it in the end.
You also just love having a literal Israeli politician,
who is, you know, from the United States.
actually, I believe, renounced his citizenship to be able to become the Israeli ambassador to the United States,
then talk to Trump about how he can go down as a great man of history. So that is apparently where things are right now.
We do have the great professor Jeffrey Sachs to break some more of this down, the situation with Iran. Let's get to it.
So joining us now to break down all of these developments. And war is Columbia University professor and economist and great friend of the show, Jeffrey Sachs. Great to see you, sir.
Good to see you.
Great to be with you. Thank you.
So we just went over some of the developments this morning. We've had a new exchange of fire between the Iran and U.S. and Iran and Kuwait. We also have Trump coming out and complaining about people chirping as he's trying to make a deal. Obviously, Israel continues to bomb inside of Lebanon and Iran continues to insist that that is a red line for them. So what do you see as going on right now? Do you think we are actually close to a deal or is this whole thing falling apart?
integrating? I don't know if there can be a deal, but there can be a solution. And the solution
is quite straightforward. The United States should leave. That's all. The United States and Israel
had an idea. It was crazy. It failed. But the idea was that in one day, they would take over
Iran. That was literally the idea that they would kill the leadership, put in a new leader,
of their choice, and then we'd all live happily ever after in their fantasy land.
This failed within hours. Iran consolidated its government, especially the Islamic Revolutionary
Guard Corps. It consolidated its control. And most importantly, Iran demonstrated the capacity to retaliate,
the capacity to retaliate and to retaliate very effectively. And the United States and Israel
can do nothing about this. In other words, there is no military solution, period. Trump continues
to act as if he can make total demands on the Iranian side that Iran has no interest in agreeing to,
And from Israel's point of view, of course, Netanyahu simply wants the war to continue and to escalate.
So Israel uses the United States. It abuses the United States. The U.S. lets itself be abused.
And this is where we are. Nothing has changed since March 1st. And Trump can fulminate. He can make demands. He can make threats.
None of these threats is credible. He knows it. The U.S. intelligence agencies know it. The Pentagon
knows it. There's no military solution. So what should be done? I personally don't see how there can be
an agreement on complex issues like the nuclear brief. You're going to have Kushner and Whitkoff
negotiate a nuclear arms control agreement?
Are you kidding?
Of course not.
So the idea that this is somehow real negotiations is ludicrous.
The idea that Iran, in this circumstance, where you have a war criminal nearby Netanyahu
saying we need to kill all of them, unilaterally giving up anything,
is absurd. When you are facing a Donald Trump who says, let's negotiate and then he bombs you
the next moment, it's absurd. So I personally don't see how there can be a negotiated agreement.
But I see a perfectly fine solution, which is the United States leaves, goes home,
declares victory, of course, the greatest victory in the history of humanity. And Iran opens up
the straight again. And yeah, maybe collects a dollar a barrel of oil because that would be about
$7 billion a year against maybe $50 billion of destruction by Israel and the United States
in the last 90 days. So no problem, nothing even to discuss. Next year, if you don't send Kushner and
Whitkoff, but you actually send some competent people, then the nuclear issue can be brought up again.
Of course, we know the ultimate irony is the nuclear issue was solved 11 years ago and Trump ripped it up.
So this is immaturity, it's petulence, it's stubbornness, it's the Zionist lobby, it's refusal to face facts.
It's an old ignorant man as our president.
But there's an obvious answer.
Get the oil prices down.
Go home.
Have a shot at your midterm elections, which Trump now says he doesn't care about.
Good.
If he doesn't.
But I don't want it to be decided on the basis of continued war.
But in any event, just go home.
You tried something.
You tried a stunt.
someone sold you a line. We know who it is. Barney and BB sold Trump a line. He alone in the room
bought it. The others thought it was farcical. But he bought it. They tried it. It failed. Well,
what are you going to do? Keep trying the same farcical failure. That's where we are right now.
Yeah. No need for a deal. No need for a deal. Just go home. Of course, Zagra, the professor forgets that
they've also added someone from the foundation for the defensive democracies to the negotiating team.
So surely, I'm sorry.
Fair enough. Fair enough.
One last question on Iran, sir, zooming out.
You travel the world.
You speak to a lot of diplomats, Europe and Asia.
What has been the reaction behind the scenes?
You talk to a lot of these world leaders and a lot of these diplomats.
What are they all thinking right now about the United States in the aftermath of the Iran war?
I think everyone sees that the United States government is incompetent, irrational, incapable.
So this is a display of the lack of any process or foresight.
They see an old guy surrounded by Yes, Men, by sycophants, making decisions that Netanyahu,
passes to him. And it's not not impressive. So I think the world doesn't quite know how to handle this.
They have business to do with the United States. But this has been a display of profound incompetence.
And that, I think, is the overriding fact. Of course, they're pissed off also. There are energy prices of
sword. This hurts people across the world. They don't like this. They want this to end. But the main
thing that they see is instability and incompetence in the United States. Pride is like love. You feel
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Radio app, Apple Podcasts, or wherever you get your podcasts. So, Professor, while we have you here today,
we wanted to lean into your expertise as an economist to help us assess what is going on here
with the economic fallout from the Iran War. We have some pretty interesting comments here.
From Kevin Hassett, who is the top economic advisor to the president, who is seeing positive signs
in the fact that Americans are spending more.
Let's take a listen to that.
One of the reasons is that people are spending more on gas, but they're also spending more
on everything else, not just groceries, but restaurants and so on.
And I think that that's a sign that you would see when people are optimistic about the future.
So generally what we see when people are worried they're going to lose their job,
which they shouldn't be because it is a initial point.
claims for unemployment insurance about the lowest they've ever been. When they're worried they're
going to lose their job, that's where they stop spending like crazy and start saving money because
they're worried they might not have to pay they might have the money for their paying their rent.
And so what we're seeing right now is spending based on optimism about the future. And if you
consider how big the boom is going to be. Like right now, Atlanta Fed's GDP now is about a 4% growth
for the current quarter. If you look at how big the boom will be when the straight's open,
then it's reasonable for people to be optimistic. Well, we hope there is reason for
for optimism with the straight and beyond.
So, Professor, he says, oh, not only are they spending more on gas, they're spending more on
everything.
Was that AI generated, by the way?
That's real.
That's real.
That's real. He's actually said it twice.
That smile seemed completely phony.
And, of course, every word he was saying was a lie because consumer confidence has plummeted.
People are suffering.
The American economy has two parts to it.
There is a digital and war industry, which is booming, let's say.
It's booming on Pentagon contracts.
It's booming on war.
So if you look at Silicon Valley and you look at the AI bubble and now AI bubble for autonomous weapons and
Palantir information systems and the like, yeah, this is good if you happen to be the few people that own
our government, but for the rest of Americans, they can't believe what's going on. And that's why
Trump's approval rating reached the grand number of 34% against, I think it's 58% disapproval
rating in the most recent economist poll, but somewhere around there, 58 to 60%. People are
disgusted. They can't pay their bills. The United States, a budget. But, you know,
budget is totally a joke.
Seven percent of GDP budget deficit.
Trump's asking for a $500 billion increase of military spending.
This is nuts.
This is exactly what we're seeing in the domestic management that the rest of the world is
watching in the American escapades in the Gulf, complete incompetence.
And I hope they pay hassle.
well, because to be a grown person and stand up and say such nonsense, I hope he gets some
compensation for that. Well, we have another one for you. Here he is talking about credit card debt.
Let's take a listen. Credit card debt, though, because that's another issue. Wall Street Journal says
in the first quarter of this year, the percentage of credit card balances that were at least
90 days delinquent rose to 13.12 percent, according to data released in May by the Federal Reserve Bank
of New York. That's the highest level in 15.
years and the most since the period following the 2008 financial crisis. People say they're using
those cards to get through necessities because they can't afford what's going on. So your message to
them. Right. Well, we talk to the CEOs of the credit card companies all the time and we do see
some increased stress like the numbers at the Wall Street Journal quotes. But for the most part,
the delinquency is different from default and there's not any kind of threat, the financial threat.
to the credit card companies, that they don't feel like they're heading towards default scenarios.
It's just that people are taking a little bit longer.
He assures us through that the credit card companies are going to be okay.
As for the customers, he's not so sure.
I love that smile.
I just have to keep emphasizing that.
This is quite a commentator.
But yes, you know, it's also absurd.
They talk to the CEOs.
I'm sure the CEOs are doing just fine.
thank you. But the people whose credit card bills from necessities, as Fox News was kind enough to
remind us, is soaring. So we have two Americas. One has most of the people in it. They're not
feeling well. They hate this war by overwhelming majorities. They can't pay their bills.
They are falling further and further behind. And then we have the seat.
of course, and we have Andrew Hill and we have Palantir. We have all of the big tech companies.
They're having a glorious time. War is good business and things are revving up.
I wanted to ask you more about your analysis earlier of how this is a kind of bifurcated economy.
And what I've been saying is, you know, in previous eras, it's not like the stock market was
perfectly predictive of the well-being of the average American. But you could imagine that was at least
some sort of correlation. Now it seems to be a reverse indicator that the better the stock market does,
because it is all consolidated, you know, concentrated into these AI tech companies, the better the stock
market does, the more that the average American suffers because what they're being rewarded for
with these AI companies is their ability to replace human workers. And I wonder if you see it
the same and how you're analyzing that impact at this point.
There are two things going on. One is exactly what you said, and it's a deep trend which did not start with AI. It started with automation robotics already more than 40 years ago. And we see it in one key, very interesting number. You can take the national income in the United States and ask what part goes to workers and what part goes to capital income.
And when I was a student of economics in graduate school decades ago, in the late 70s, we used to say that the share that would go to workers was about two-thirds of the total national income.
Now, just the most recent data puts it at about 50%. In other words, it's gone from about 0.65 to 0.5.5.
that is a big deal.
What's happening is more and more of the national income that's produced is going to profits,
is going to corporate earnings, is going to rents, to ownership of patents and so forth.
And what workers get is absolutely falling as a share, but for a great part of our society,
what workers get is falling in absolute terms.
And AI will speed that up.
Artificial intelligence substitutes these algorithms for human labor and whatever anyone says,
this is a process that's been going on for decades,
and wages are stagnant or falling for those segments of the labor force where that
substitution can occur.
20 or let's say 30 years ago, it was people on the assembly line.
Those jobs didn't go to China.
Those jobs went to the robots.
Now the jobs are going to Claude and to others.
And this is happening.
Actually, with the new swat, we know.
It's with the college graduates this year.
They're not finding jobs when they come out.
And this is showing up as this shift of.
national income. The second thing that's happening, I think most likely, this is always
a judgment that only can be made ex post, is that we really have a bubble. We really have
the Elon Musk thrill that we got the gazillion dollar companies and the trillion dollar man
and all the rest. I see no way, personally, that the valuations that are being put on big
tech and on the IPOs can in any way be justified because one of the core features of these
technologies is that they diffuse. There really is competition. There isn't somehow control by the first
mover. China runs AI on an open source stack because it's trying to compete with the United
States, so it's trying to get users all over the world. That means there's going to be a lot of
open source ways to access this very powerful technology and all these huge, huge revenues that are
being anticipated by these companies that are now, you know, 50 times earnings or 100 times earnings
or infinite because there are no earnings, I don't think this is going to materialize in the way
that is expected. So on top of the fundamental shift towards profits, which I think is real,
and deep, there's also, I think, a financial bubble that is underway.
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Professor, when we zoom out a bit, again, you know, looking to your own work
and what you've looked at in the classroom,
what are the parallels in history to these types of forces,
to people coming out in the workforce in the midst of great technological change,
of a great amount of wealth concentrated and potentially bubble assets?
What does that look like and manifest in a society?
Well, this has happened repeatedly.
These technologies, we call GPT, general purpose technologies, which means something like the steam engine,
which was the great invention of 250 years ago, created the factory world.
And not just in one sector, but across the economy.
And it created the railroad and many other things.
electrification was a general purpose technology.
AI is a general purpose technology, an extraordinarily powerful one in my view.
I don't believe it's hyped.
I think it's amazing and real.
But what you find with general purpose technologies is that generally they raise overall
output in the economy, but dramatically redistribute the output as well.
In the first industrial revolution with the steam engine, there were vast numbers of losers.
The economy started to boom, especially in Britain, which was the first industrialized nation.
But those masses in the satanic mills, these were women and children who used to have jobs in rural areas, for instance, spinning yarns.
All of that went away with mechanization.
they ended up as degraded workers, and it was exactly that, what we call, a miserization, becoming more miserable that led Karl Marx and Friedrich Engels to issue the Communist Manifesto in the 18, late 1840s.
So that was real. Then over time, new institutions were developed to share.
the increase of output. Actually, Bismarck in the new German state in the 1870s and 1880s
invented public pensions as a way to ensure that this booming economy would help more and more people.
Well, this has been a repeated phenomenon. Big technological advance, the overall size of the economy
increases, but the way that the pie is divided in the proverbial expression changes dramatically,
and we're going to have that with AI as well. And the American political system for at least 50 years
has been, don't help anyone. We're on our own. You know, good luck to you. And in an AI era,
that would prove devastating.
Now, Trump appealed to those who are suffering both in 2016 and 2024 on a clever political messaging
that was fundamentally false.
He said, China took your jobs.
He said the migrants took your jobs.
He didn't say technology has changed how we live.
and redistributed the national income.
That is the right answer.
There are no jobs coming back from China.
By the way, I go to Chinese factories all the time.
They don't have workers in them anymore because they're all automated.
There aren't jobs coming back from China.
What we have is a technological revolution, basically positive, actually,
in that we can do more.
We can be more clever.
we can have a more sophisticated drug discovery or better health care diagnostics or many other things.
But it's not going to fall equally.
It's going to immisorize part of our society unless we actually decide for the first time in more than half a century to act like a society,
rather than to act like a group of individuals out in brutal competition with each other.
But we don't even have that kind of understanding in our political discourse right now, but the AI is moving forward relentlessly with or without it.
And by the way, the number of meetings every day in every sector talking about loss of jobs, reshuffling of the workforce, this is happening everywhere right now.
And we don't have any public policy framework.
And we won't under Trump.
This is something way beyond him.
I think we do have a public policy framework under Trump.
Rather than going in the direction of making sure that people will not be immiscerated, what they've done is, you mentioned earlier,
the one to dramatically increase.
He's already increased the defense budget dramatically, but he wants to up it even further.
And then we've also seen this tremendous increase in the domestic law enforcement budget and an emphasis on mass surveillance, etc.
So it seems like the direction they want to go in is a sort of crackdown, authoritarian cracker.
down to make sure that people if they're unhappy are not going to have the ability or will be too
afraid to get out of line. But I wanted to ask you. That's exactly right. But I would just add one more
point to that, which is that specifically the surveillance state and specifically the war economy
are big business precisely for the AI industry. So it's not only incidental that they want to crack
down. These are gold mines for them. More war, phenomenal.
Look at the biggest booming stock market in the world right now is Israel because it's basically a war machine.
It's basically a surveillance, intelligence, and military machine.
So war is good for the people, not for the stock market.
For the stock market.
Well, do you see the introduction of AI, as you mentioned before?
We've had general purpose technologies introduced before.
you know, they, over time, once you had a transition, they benefited, I think, the population
overall, although there are some that may dispute that. But the difference may be twofold. Number one,
how quickly AI has been developed and is being disseminated. And number two, you know, previous
general purpose technologies were meant to replace like the horse, for example. This is explicitly
meant to replace human beings. And the developers of it will tell you that and tell you things like
we intend to make all of human labor irrelevant, human beings effectively irrelevant to,
you know, productivity, growth and economic output, et cetera. So do you see it as a more grave
threat to the, you know, the prosperity and happiness of mankind than previous general purpose
technologies? Well, it's happening so much faster than anything else. And we have metrics,
which we call adoption rates, how long does it take a certain number of users to use the technology?
And we've never seen anything like what we have right now.
ChatGPT is announced and within weeks, it's hundreds of millions of users worldwide.
So we're seeing something that is happening completely at an unprecedented scale.
And I think that that will continue.
In terms of what it means for human well-being, there are two issues.
One issue is the distributional issue that we say gainers economically could compensate
those who lose because the overall pie grows.
Elon Musk, you know, he doesn't really need a trillion dollars of personal net worth or whatever,
600 or 700 billion, I didn't check this morning. It doesn't need that. So if we actually distributed
well-being in our country, we could have a broader gain. Then there's the meaning of life and the
meaning of work question, which is that these technologies in a fair society would mean less work.
The robots can do physical labor and the AI can do cognitive work of various kinds.
Is that a good thing?
In principle, again, if it's done thoughtfully, it could very well be a good thing because
we would have more time for friends, for family, for leisure, for culture, for exploration,
for other things if the drudge work is actually carried out mechanically.
And so per se, earlier technologies, it's not true that they've always created new jobs to
replace the old jobs.
We actually work less hours per day on average than 100 years ago, by far, as a matter of fact.
The numbers are quite astounding.
the average work time of an adult American is about three hours, 20 minutes at this point,
something like that. That's for an economy of a $30 trillion output. Now, that counts weekend time,
that counts retirement time, that counts time in school, that counts vacation time, leisure time,
and so on. But the point is, we don't work like our grandparents and great-grandparents did.
They worked not only at physical labor, but they worked around the clock, maybe six days a week.
And this is a big change. And on the whole, I believe, it's a plus. But American society, as we've
been discussing, is quite distinctive. It's barely a society. Our political system is so corrupted,
it's not regarded as a society. It's regarded as a group of particular interests, of which Silicon Valley itself is interest group number one. It's more powerful than every other interest group, partly because the generals are desperate for this technology. The military, the government has put its hands into Palantir. Palantir is more important than the rest of our government. They're watching everything we do. They're building the
surveillance state. So in this sense, we have a political and ethical problem that's quite
fundamental in this country. And again, with this current gang, these are gangers. They're not
in any way, shape, or form even remotely aware or interested in these questions. Wow.
Very insightful, as always, sir. Yeah, went in a different direction in a segment than I expected,
but a really fascinating discussion, Professor.
Thank you so much for your time and your analysis as always.
Thank you, sir.
Good.
See you soon.
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Hey, it's us, the Jonas Brothers, and guess what?
We have some big news.
What's the news, name?
Huge news.
We created our own podcast called, Hey Jonas.
We invented a podcast?
Well, we didn't invent it.
We just contributed to it.
We're the first people to do podcasts.
Pretty, yeah, pretty wide range of podcasts throughout there.
But this one's extra special.
So how do we actually come up with a name, Hey Jonas, guys?
I honestly don't remember
I think it was on a call about what we should call it
And we were thinking I'm originally calling it
One of the early names of our band
Before Jonas Brothers
This is how you guys remember it going down
Yes I have a very different memory of this
We were talking about a thing
A bit for the podcast
For people could call in and say hey Jonas
And then I wrote down on my little notepad
Hey Jonas and offered it up as a potential title
For the podcast
But thanks for remembering that
Guys, listen to Hey Jonas on the IHeart Radio app, Apple Podcasts, or wherever you get your podcast.
Just listen. We don't care where you hear it.
On Humor Me with Robert Sligo and Friends, we help make you funnier on this episode.
My guest's Bob Odenkirk and Kids in the Hall's Bruce McCullough try and help the Kazoo Kid and Tayson Day be famous again.
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They're constantly needed at malls.
Listen to humor me with Robert Smygling Friends on the IHard Radio app, Apple Podcasts, or wherever you get your podcasts.
Turning now to America's 250th birthday.
Let's go ahead and start with what a disaster, it seems, the celebration will be.
Let's put C2 up there on the screen from Trump.
I understand artists are getting the yips having to do their performance on Wednesday,
so I am thinking about bringing the number one attraction anywhere in the world,
The man who gets much larger audiences that Elvis in his prime does so without a guitar, the man who loves our country more than anyone else, the man who, some say, is the greatest president in history, the goat.
Donald J. Trump to take the place of these highly paid third-rate artists and give a major speech rallying the country forward like I have done ever since being president.
And he goes on to basically talk about why he's so fantastic.
This comes on the heels of C3. Let's put this up here on the screen.
after many of the some say second-rate artists,
actually no, by Trump's on admission,
third-rate artists,
that were announced as the featured performers
for Freedom 250,
the Great American State Fair,
have dropped out,
including Martina McBride,
young MC,
Millie Vanilly,
the Commodores,
Morris Day and the Time,
and Brett Michaels.
It seems that Vanilla Ice,
FloRida,
and C-plus-C music factory will remain.
I will confess,
I did not.
know who any of these people were, except for Vanilla Ice and Flo Rida.
Okay, let me just say, the most shocking part of this whole story is that I had to explain
to both Saugger and Mac who Millie Vanillae was.
I don't have a clue.
And the whole, like, controversy surrounding how, you know, they were these hit artists,
and then it turns out they were just lip syncing.
It was a big thing.
So it was humiliating when they announced that Millie Vanilli, who's literally like a fake artist,
who is going to be performing.
And then even more humiliating when Millie Vanilli was like, nah, I'm too good for this.
We're good.
Forget it.
We're not doing this.
I mean, yeah.
And I love, I also love how Trump is like just out and out announcing like, yeah, I'm going to do the same old shit that I always do.
Right.
As I've done, you know, give another speech as I've done since I began to lead the country or whatever it is that he said.
Like, yeah, it's not going to be a special day.
And Sager, I feel like, you know, another president that hasn't made the office of the presidency all about this.
them, you know, building monuments and putting their name on everything and, you know,
instituting loyalty tests for literally every single position in the administration.
Another president, you could imagine, you know, helping to put together a celebration like this
that would feel non-political, where you could have artists that have a different political
ideology that still feel comfortable because they're like, it's not a celebration of this one man.
It's a celebration of the country and it's a celebrate 250 years.
Okay, we can do this.
And I'm sure all the other celebrations that we've had for, you know, the centennial
and the bison telling or whatever, were like that. But because Trump has this authoritarian tendency
to personalize everything about the office and make it all about himself, it is impossible to participate
in an event like this without low-key endorsing Trump and what Trump is all about or getting used
for his spectacle and self-aggrandizement. And of course, this is all being hosted like around
his own personal birthday. So that doesn't help the matter either.
Yeah, it's actually funny. To back up your point, I'll let Matt Walsh do the talking. Let's put C4 up there on the screen. As we like to do. As we like to do. I'm actually pretty pissed at how badly they bungled America 250. First, they tried to invite Millie Vanilli and a bunch of other absurdly washed up geriatric one-hit wonders. Then when that didn't work, they decided to convert the event into a Trump rally. Well, Trump will talk about himself for 90 minutes. This should have been a massive, raucous celebration of the country in its 250 history.
It will now will be a political rally identical to the 10 million other ones that we've already seen.
I completely agree, Matt Walsh, but I was doing some ruminating this morning, and I was thinking a little bit about why, you know, in some ways it's fitting.
So the last major celebration that we had was the bicentennial in 1976.
And I actually think, if you think back to that time, 1976 was a very bad year.
We were coming off the heels of losing the war in Vietnam.
This was the beginning of like the Carter stagflation era.
There was a deep amount of questioning in the United States.
It's like, who are we?
We're this great superpower that seems to have run amok.
We have no idea what we're doing internally.
There was the weather underground.
There was all this insanity bombings all across the United States.
The new left kind of era, the Democratic Party doesn't know what it is.
Even the Republican Party itself is like going through the Goldwater Revolution and the falling apart.
and the New Deal. And so look, I mean, you know, we can feel very pessimistic about where the country is,
but things ended up being okay, at least in the 80s and the 90s. And so, I don't know. I mean,
it does seem as if the bicentennial and the, you know, what is it, the America 250 will share at least
some of the DNA of all of that. But you're not wrong in terms of Trump himself making it,
Trump making it about himself. I also think it's a reflection of the country. You know, I was looking,
the one that actually will shock everybody is the centennial. The centennial. The centennial,
of the United States, and even America 150, if you go back and you look at the way that people
talk and celebrate it in 1926, the amount of reverence that Americans, average, everyday Americans
had for the founding fathers, they could tell you not only, they could probably recite,
you know, significant portions of the Constitution of the Declaration of Independence.
They could tell you a lot about America's founding fathers, about the Federalist papers,
and more. I'm talking about everyday schoolchildren being able to do so, even putting George
Washington, you know, he was celebrated during the America 150. We're very, very far apart from that.
It's not just about being divided. It's just like, you know, we talk about screens, a lot of the
social disconnection and other things that we have here in the nation. So it does actually seem
quite fitting. Trump was elected here in 2024, which is a sign of a crazy country. I think we can
all at least say. Some of us can admit now. And so this is, you know, in many ways we get,
we get what we deserve. And in particular, it's here is Trump now for his business.
birthday celebration, ostensibly, for Freedom 250. Let's go in and put this video,
EC1, please, on the screen. Trump is now turning the White House into a UFC stadium to celebrate
his 80th birthday. Again, it's UFC 250, so ostensibly, it's for the 250 birthday of America.
You'll have some 5,000 spectators. I love that they threw some of this into, the reflecting pool
and the East Wing and the, you know, the Rose Garden and all these other crazy things, the stadium being
built here on the White House lawn.
By the way, the contract, I can't remember which outlet did some digging.
The contract for painting the reflecting pool, this blue color or whatever, of course,
went to some Trump-aligned contractor, and the profit margins are in a no-bid contract with the
profit margins massively escalated.
So, yeah, you know, even in all of this, of course, it's got to be peppered with some Trumpian
corruption, too.
It wouldn't be a celebration of Trump's birthday.
some Trumpian corruption.
I got no hate to the UFC, but let's all be honest.
Like, we're gonna have shirtless dudes
and gladiator fights on the White House lawn.
Like, what are we doing here?
Like, it's ridiculous.
And to use and to turn the White House, again,
the South Lawn of the White House of the United States,
this is a place for garden parties or for, you know,
for, I can't even, the Easter egg roll, right?
Like, these are the types of events
that are supposed to be happening here
to turn it into an explicitly, like, politically aligned,
but you could say it's not, come on.
Dana White, he's like the original.
Trump supporter and then to turn it into some major spectacle, which will all be broadcast, I believe,
on Paramount Plus that Trump the line, right? So, right, yeah, in terms of what we're talking about
here, we're talking about tens of millions of dollars that are being spent for the gigantic arena.
Call me a buzzkill. Don't care because it's all, you know, put in the veneer of it's all about
Trump himself and America 250. So I'm just, look, all I can say is I'm trying to take a step back
and say, yeah, the bicentennial, it was a bad year too. So it's not, you know, like, even though these
are supposed to have some sort of reverence and all this,
like I think we'll be all right in the end of it.
But yeah, it just, it made me sad.
I actually made me sad as looking at the original 150th birthday
and just looking at the way that they celebrated that at the time.
And their genuine reverence for the founding and like the intellectual backbone of the nation.
I have a 1903 Atlas in my house,
which was printed by the Philadelphia Inquirer.
I found at a bookstore, antique bookstore.
the level of time and effort that they spent on the founding history of the United States,
of the myth, the origins, and all of it.
And yes, it has many problems, none of which were acknowledged in the Atlas.
I will definitely grant you that.
But it was clear to me, and they were actually well-fingered.
You can see some of the original owners.
They spent a lot of time on this section.
The amount of time that people spent and actually wanted to celebrate the founding and the birth
of the nation at the 150th birthday, or even at that time, I'm talking about 1903.
It would shock the average, you know, young person, I think, today.
And so that's really what depresses me is we're going to have gladiator fights like literal bread and circus.
Without the bread.
Without the bread, you're right, because everything is so ridiculously expensive.
Anybody else driving July 4th?
I'm excited to see how expensive gas is all the way up the I-95 corridor.
That's what, you know, kind of really sticks with me.
Is the cultural reflection?
because this is who we are. We are the UFC, right? We are the UFC in the South Lawn.
We are in the social media era, no reverence for education, for our founding to even talk or to feel excited about where the nation is going.
The only thing I can console myself with is that's kind of how the bicentennial was too.
1976, you know, you don't have to read a book to know it was a horrible year.
And there were a lot of same questions, I think, swirling in the air. We got through it. I'm sure we'll get through it now.
But I think it's a genuine reflection of who we are. I really do. From the artist,
to the our culture, to the UFC, to Trump himself.
I mean, those images are too perfect.
I saw somebody say that the White House now looks like a six,
like a shuttered six flags that they're destroying,
because between the, you know, UFC cage or whatever that's being constructed
that looks like a roller coaster, defunct roller coaster,
to one entire side just being complete and total rubble
as Trump constructs his ballroom, bunker slash military hospital,
which he's obsessed with.
he's truly obsessed with.
Like, this is not just a liberal talking point.
I think it was the Washington Post did an analysis of all the things that he's said recently.
And the thing that he brings up the most is the freaking ballroom.
He talks about that certainly more than gas prices, inflation, the, I don't know, the war in Iran, the ballroom.
And I think a big part of it is actually the military hospital seems to be a particular fixation now because he, like many, you know, absolute narcissistic.
people is obsessed with his own longevity and, like, imagines that he's going to live forever and sort of
reign over us for eternity from this, uh, this impenetrable bunker that he is constructing.
But, uh, you know, he feels the need to build these monuments and celebrations to himself.
I think it's embarrassing anytime an adult, like, demands other adults celebrate their
birthday. Like, that's just to me an embarrassing thing to do. And he's demanding the entire
freaking world celebrate his own birthday. Um, that's a very thing. Um, that's just, you know, um, that's just,
is a real insight into his ego, but he feels the need to build these monuments and host these
celebrations to himself because I think he's very fearful that at the end of his life, he won't
be celebrated in the way that he has always craved that in the end, the consensus opinion will be
that he and his presidency was an absolute disaster for the United States. So he's trying to leave
these impressions in stone, you know, with his monuments and his name on this.
and name on that and physically remaking the White House itself as a sort of cheat code to
leave his mark on the world. But yeah, you're right. It looks exactly like what America is today.
I hope that we come through it. But I do think we have some existential risks that weren't present in
1976. I mean, AI being the prominent one, the advent of autonomous killer robots.
Obviously, climate change has moved quite along. We have so much global instability in,
in a nuclear-armed world where nuclear proliferation is only going to accelerate.
I think we all believe that's the logic that has been created.
So we are facing some truly existential risks at a time when the population is, you know,
dumbed down on algorithmic social media and reality TV.
Correct.
Last thing, C-6 couldn't not mention this.
Trump is currently pushing for a $250 bill with his face on it,
apt because it will be the highest, you know, I think,
denominated currency in terms of the bill.
Also a reminder that it now takes $250 to buy what used to cost $100.
So there you go.
Also, a great reminder of what America 250 is all about.
$250.
You know, anybody else going to the grocery store recently?
And again, just being like, what?
Forget about it.
You're lucky to get away with $250.
Yeah, it's crazy.
For the last five years, every single time you go,
It just ticks up and up and up.
Now I'm researching how to learn how to make my own kids fruit leather.
All right.
This is where things are now.
All right.
We got Brandon Weikert standing by.
Let's get to it.
Hey, guys, it's us.
The Jonas Brothers.
I'm Joe.
I'm Kevin.
And I'm Nick.
And guess what?
We created our own podcast called,
Hey, Jonas.
We invented a podcast?
Well, we didn't invent it.
We just contributed to it.
We're the first people to do podcasts.
We get to ask other people questions because we're sick and tired of being an ask
questions. Well, sick and tired is a strong way to put it, but you know, tired and sick.
Tired and sick. Listen to Hey Jonas on the IHeart Radio app, Apple Podcasts, or wherever you get your
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On Humor Me with Robert Smygel and Friends, we help make you funnier on this episode. My guest's
Bob, Odin Kirk, and Kids in the Hall's Bruce McCullough try and help the Kazoo Kid and Tazan Day be
famous again. What if there's an alternate universe show where you guys are incredibly popular?
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