Pivot - Holiday Spending Surge, Fed Chair Future, and Melania's Production Company

Episode Date: December 2, 2025

Kara and Scott break down the post-Thanksgiving spending surge, as shoppers set new records online and in stores. Then, tech bros rush to the defense of Trump's AI and Crypto czar David Sacks after a ...New York Times article calls out conflicts of interest. Plus, speculation heats about the next Fed Chair, and Melania launches a production company. Watch this episode on the ⁠⁠Pivot YouTube channel⁠⁠.Follow us on Instagram and Threads at ⁠⁠@pivotpodcastofficial⁠⁠.Follow us on Bluesky at ⁠⁠@pivotpod.bsky.social⁠⁠Follow us on TikTok at ⁠⁠@pivotpodcast⁠⁠.Send us your questions by calling us at 855-51-PIVOT, or email Pivot@voxmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Starting point is 00:00:00 Support for the show comes from BetterHelp. The holidays are a time of traditions, but it's also a time to reflect on what traditions mean to you. BetterHelp can ensure you take time for yourself during what can be a very joyful but sometimes hectic and lonely time of the year. BetterHelp does the initial matching work to find the right therapist for you so you can focus on your therapy goals. A short questionnaire helps identify your needs and preferences. This December start a new tradition by taking care of you. Our listeners get 10% off at BetterHelp.com slash pivot. That's B-E-T-T-E-R-H-E-L-P-T-L-P-C-L-P-P-P-H-E-L-P-P-P-H-E-L-P-F-E-L-P-T-E-L-P-P-F-E-E-L-F-E-L-E-L-E-L-FIT.
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Starting point is 00:01:37 I think we're all for sale to a certain extent. I don't begrudge her. I've done worse things for a lot less money than sleep with Donald Trump. Hi, everyone. This is Pivot from New York Magazine and the Vox Media Podcast Network. I'm Kara Swisher. And I'm Scott Galloway. Scott, how was your Thanksgiving?
Starting point is 00:01:54 I saw a beautiful picture with you and your sons. Oh, isn't that nice? Yeah, it was, you know, the highlight of it was my oldest brought two friends from boarding school home. Oh. And they say that from about the British folk. Yeah, both British kids. And they say that the key indicator of your son's outcome is his peer group from a certain point on. And it just made me feel so good about his prospects. These kids are just such good. You know, you want to say impressive kids and all that, one's implying or got to interview at Cambridge, but they're both just like lovely nice men. So there wasn't any, like, rich kid, lush thing, you know, British rich kid thing. Oh, they had to sneak out to go score ketamine.
Starting point is 00:02:43 Right, of course. But they, but other than that, and you know, and they yelled at the help. Oh, good. But other than that, they were really, I'm kidding about all of this. I understand. Really lovely young men, and it made me feel much more, I don't know, safe. and less worried about my son. Good, good.
Starting point is 00:02:59 And they had not done Thanksgiving, right? That's not a thing they do in the British Isles. It's not a British thing. So they were excited to come home and it was, yeah, it was, it was really nice. How was your Thanksgiving? Did you make them act out the pilgrim, the ridiculous pilgrim story? We don't know me in American, you know, history. I just am such a, I didn't know it was Thanksgiving to Wednesday night when my calendar the next day was clear.
Starting point is 00:03:23 Do you? You don't do any. Why would I? Compartive advantage. What do you mean comparing? Daddy does one thing. He pays the frickin' bills. I understand.
Starting point is 00:03:32 Maybe like making side dish. I didn't do anything either. What am I talking about? Don't describe Amanda as a side dish. I mean, she's good-looking, but... Her mom does it all. She's her mom and her dad. Oh, you had it at the in-laws?
Starting point is 00:03:44 Yes, we went up to Boston. But first I got to see the boys, and we had a lovely family dinner, the four kids. They look great. They look great. And I worked out with Alex and hung out with Louie and stuff like that. And then we went up to Boston, which was fun. The Gats is put on a good Thanksgiving, I have to say. Yeah, Amanda strikes me as someone who has well-adjusted parents.
Starting point is 00:04:03 Indeed. There were seven pies, which was nice. And I got a special pumpkin pie because I like pumpkin, and they never made it, but they made me with money, which was very nice. I almost cried. Yeah. It was delicious. That's nice. That's nice.
Starting point is 00:04:16 What do you have gone on this week? Oh, lots of things. Gosh, I've got to do just a, I'm going to do something interesting. There's this 100th anniversary of the New Yorker. And I'm being interviewing, oh, God. You're not, I'm saying at your place, by the way. It wrote a critical review of my book, so I am canceling the subscription I never had. It's a documentary by, I think it's Judd Apatow did the documentary, and it's on Netflix, and they asked me to come and interview them at the event. So I'm going to do that for my friend,
Starting point is 00:04:44 David Rutnik. I love The New Yorker. I think it's done a great job over the many years. I didn't know who it was still around. Oh, my God. It's really successful, actually. It's one of those, like, wired. Yes, it's doing just fine. Cunning asked, not all of it is, but WIRE's doing great and New Yorker's doing great. And Vogue to an extent, I'm just saying, it still puts out quality, quality work. And then what else am I doing? I'm just here. I don't have to travel, Scott, which except for that, just a trip to New York is super easy. But I'm coming up and coming back. But I'm here. I'm going to Christmas parties. I'm like very excited to be home. What's the hottest invite in Christmas parties in D.C.?
Starting point is 00:05:22 Oh, I don't know. We're going to friends. Gates. I bet he throws a good party. I don't think he's still here. I think he's trolling little girls down in Florida. I'm not a big party goer, Scott. I told you, I'm not very social. I'm not very, I don't like parties that much. I like small gatherings.
Starting point is 00:05:38 That's what I like. Anyway, Thanksgiving was great. I'm looking forward. My birthday's coming up, obviously. You're preparing to buy me a present. That's clear. Very excited about that. Yeah. Otherwise, I'm just here, I'm very excited to be in Washington, but Thanksgiving was nice. I like Thanksgiving. It's my, I think it's one of my
Starting point is 00:05:54 favorite holidays. Anyway, we have a lot to get to today. There's so much. And speaking of, like, the news didn't friggin' stop all weekend. It was kind of crazy. And a lot of it really quite grotesque, including the double bombing of people. You know, you bomb someone and then you go rescue them after you bomb them. But we'll get to that. We've got a lot to get today, including tech stocks are still on this crazy roller coaster. We're going to talk about consumer spending because it's something you've talked a lot about. But those numbers are starting to come in. And then Trump's AIs are David Sacks reaping his White House benefits. Of course, he's losing his mind because it's a mild criticism of his, you know, in-bredness.
Starting point is 00:06:33 But first, shoppers turned out in force, as we said for Black Friday, spending both record-breaking amount, both online and in stores. Online spending alone hit $11.8 billion of about 9% from last year. And overall sales were up around 4%, which isn't enormous. A lot of the growth is just inflation, though, not people going wild with their wallets. People actually bought fewer things. Order volumes dropped 1%. Prices jumped 7%. Another twist, which, Scott, you talked about all the time. Higher income shoppers are spending like usual, but middle and lower income families are pulling back. Retailers are somewhat optimistic about the holiday season overall with sales expected to top a trillion dollars for the first time ever. Again, inflation. You know, you talk about this. If the rich people pull back, that's a real problem. But obviously, middle and lower income families are feeling the pinch from inflation. And so they're buying as Trump said, you don't need so many dolls. And apparently they are not buying so many dolls. And then there's the tariffs, et cetera.
Starting point is 00:07:30 Talk about this about, you know, you ran a retail business, an online retail business. What does this mean? What do you think is happening here? Well, there's a lot there. The reason why, I mean, in addition to the kind of moral problem or societal problem of having a top 10% responsible for 50% in the consumer economy, and what that says about our economy, is that it makes the economy more fragile because 60, 70, 80 percent of spend from a middle-class
Starting point is 00:08:02 household, probably close to 90 percent, are things they can't adjust up or down. They're going to have to figure out a way either on credit or to get a second job to maintain, to continue to pay to their mortgage or for groceries. Whereas when Oracle, I mean, Oracle's off, I figure what, it's off, like 24%, it's down, Excuse me, it's down 22% of the last 30 days. The markets are still rocky. Again, as we tape the S&P 500, the NASDAQ all down. Palantir was down 16% in November.
Starting point is 00:08:32 It's worst month since August 2023. Invidia ended November down 12%. Oracle fell 28% last month. Morgan Stanley analysts are warning that Oracle's credit conditions could worsen next year, you think. So put that all in there because that's the big spenders, presumably, right? The consumer confidence for the top 10% is based on the most damaging metrics ever invented for Western society. And that's the S&P and the NASDAQ because more indicative or fruitful metrics would be like self-harm or suicide or body mass index or what Bhutan does, a happiness index, whatever it might be or divorce, things that actually drive purpose and meaning. and wealthy households will buy based on a number.
Starting point is 00:09:20 They look at the value of their stock market portfolio. And when it's really high, they feel comfortable going to Ban Cleef and Arpels and giving money way to nonprofits and spending money on nicer vacations, whatever it might be, buying another car. And the thing about wealthy people that makes this economy less more fragile or less robust is that if Palantir goes down 80%, which it easily could, easily. And if Oracle went down 60%, the above, easily could, and Nvidia went down 70%, which it easily could, what the top 10% are capable of doing, which the bottom 90 are not, is the top 10% on a dime could cut their
Starting point is 00:10:05 discretionary spending by 70%. Right. Will they, though? Will they feel not as job? or what, you know, in terms? You can, you can correlate fractional jet ownership and inquiries to the stock market. Yeah. You can correlate the amount of inbound. I've done the analysis, my speaking in bounds. Well, I track very closely. I love data.
Starting point is 00:10:29 The number of inbound inquiries I get for speaking gigs. I've created, I've tried to create artificial scarcity around my speaking. The sexist word in the English language is no. I don't like to travel. So I charge crazy fucking rates. That's my rate. Crazy or free. I hear it from people when I go speak for lesser amounts, but go ahead.
Starting point is 00:10:48 When I, my rating, my price card is crazy or free. Yeah. And I can correlate the number of inquiries I get to the stock market. Because when Salesforce, when I'm speaking in an investment bank's annual gathering, M&A is way up. And all of a sudden, these niche investment banks, are asking me to come speak. Why? Because they're making record fees. So when all of a sudden, and that's the dangerous thing about an economy relying on the top 10 percent. It's not only morally
Starting point is 00:11:20 problematic. It makes it very fragile because they can take spending down on a dime. And if you take the top 10 percent out, the economy is basically flat. And then if you add an inflation, you could make an argument that spending is down. Now, in terms of attributes that I think are a little bit more interesting about, or are interesting about this Black Friday. One, AI did play a role, kind of these AI tools and bots were responsible for, I think, they think that about 10%, or a 10% increase was due to AI tools. And that, so in-store sales were basically flat. They were just up 1%. Online was up 10%. Right. But also, AI-driven traffic to U.S. retail stores sword 800% or 9x. So AI is starting to creep into retail. The stat that people aren't talking about
Starting point is 00:12:11 that I think is really important and quite frankly very upsetting and a negative forward-looking indicator is that buy now, pay later usage surged on Black Friday. And it's up 9% overall. With young people or everybody? Young people. 41% of shoppers age 16 to 16 to 24 use buy-now pay later. And millennials get this, increase their use. 87% compared to 2024. Even 38% of people making over 100K are now using buy now, pay later. Yeah, we hate those. By the way, just for listeners, we hate buy now, pay later.
Starting point is 00:12:47 We think it's... And you can't infantilize people. They get to use their own credit. You know, people get to decide if they want to use credit or not. But the thing I hate about the positioning of these things is they somehow frame it as innovation and that it's not actual debt. It's a new culture. Young people don't want to get caught in a debt.
Starting point is 00:13:03 It's debt. It's us, sir. It's debt. I agree. And if you don't pay it back, I mean, the innovation is they take the initial VIG, the initial interest rate from the retailer, because what happens is I was on the board of everyone outfitters. And the initial buy now pay later guys came to us and said, let us do this.
Starting point is 00:13:22 We offer people automatic credit. They're checking out and say, would you like an additional $100, $200, $200 in purchasing power? And someone's headed to go chel. They think, yeah, and they go back and they fill up their basket, and we pay the The fees. Urban Outfitters pays a small portion of that incremental purchase back to the BMB. It's a great business model, except all you're really doing is tapping into the urgency, the need for now. Right. And a lot of these kids end up, a lot of young people end up in debt. I don't know what to do about it because you can't have tantalized young people and I need life lessons. Well, except that it makes it. It's sort of like the subprime mortgage. Of course you can buy it. I was seeing bits and pieces of that movie that it was based on, because I wanted to go back because of the situation. The big short. The big short. Michael Burry is in the news, obviously.
Starting point is 00:14:05 And I have to say, like, the people who are sell, of course they can't afford it, just load them up. Like, it's not infantilizing people to say, you're not credit worthy. You're just not, right? And to give people sort of these long lead, I don't know, I think it's usury. I think it takes advantage of them,
Starting point is 00:14:23 and it makes it feel like it's free, and therefore it spurs spending, like you said, like go in and get more. I just don't, they can't pay it back. And then we're stuck in sort of this credit. squeeze, and then the retailers will be eventually, or whoever's holding these loans. And it just iterates through the system that we're encouraging, like, ridiculous spending well beyond people's ability to buy.
Starting point is 00:14:45 I was in a store, and they were pushing it on me. I'm like, I'm not taking your shitty, like, buy now, pay later. Like, I don't need to, and I'm not going to. So let me let, we're going to go into another important story. But what do you imagine is where spending is going to end up in December down? What does it depend on? really briefly. Tell me where the market's going to be in December. Okay. Even up to Christmas. Yeah, you're right.
Starting point is 00:15:10 The media is obsessed with the metrics around the market. And if stocks and AI stocks hold on, I think you're going to see more spending. And also these, this is why I was talking to a kid today is negotiating a new job. This is why options and equity is where you want to negotiate around salary if you're working for a big company, because you're up against God-like technology to try and sequester you from your relationships
Starting point is 00:15:37 and figure out the exact right offer, the exact right moment to take every conceivable dollar and all your debt capacity from you. And I want to be clear, up until the age of 35 or 40, I spent everything that came through my hands. I just, oh, I have a, I could, well, you know, at the exact right moment, oh, just for $80 more, you can upgrade a business class.
Starting point is 00:15:59 Oh, why not a pair of bomb a socks with these new pair owned? I mean, it is just so difficult to have the discipline to save money. So what you want is you want forced savings. Yeah. And equity or to a certain extent, the reason why housing has built so much wealth, it's not because it's outperformed other asset classes, but because it's a form of forced savings. Yeah.
Starting point is 00:16:19 That's like 401K, tax advantage vehicles. But basically, if people feel, if the stock market keeps going up or it recovers, And especially with AI stocks, that's what, and then AI will come in with great offers. And I think it's going to be an AI Christmas. Everyone's going to be talking about how much traffic AI drove. Yeah. And I think you're going to see luxury brands continue to do better and better. But tell me what if the week before, I mean, this is the dirty secret of retail.
Starting point is 00:16:49 I started coming to go Red Envelope. About 46 weeks a year, we lose money. And then for six weeks, we print it. Yeah. Basically, from a week before Thanksgiving to New Year's, full price, fluttering one inbox, full margin, and you just print money. So this is really kind of very, very important to retail, but I think that, I mean, Amazon saying that headphones that were $300 are now on sale today for $2.99, I wouldn't call it's real, really courageous. And what I'm hoping, for me, I kept going browsing all these sites who were offering emotional stability on sale. That's the Black Friday, I need Kara.
Starting point is 00:17:34 So speaking of stability, Donald Trump says he's made his pick for the next Fed chair, though he's not sharing a name yet. National Economic Council Director Kevin Hassett, probably the most excellent suckup I've ever seen as a rumored frontrunner with several current and former Fed governors, also in the mix. Treasury Secretary Scott Bessent, who previously didn't want the job, said last week that Trump could announce the nominee before Christmas, all of this is happening as the Fed prepares to meet later this month for a closely watched interest rate decision, which people aren't really sure about. Two things, I think HACIT is like literally, and so many economists I talk to, I've always thought he was smart, now are like, what happened to HACET, essentially. And of course, he sucks up continually, and I would say lies on the air quite a bit about where inflation is and number
Starting point is 00:18:20 Like, he did want about gas prices, none of which was factual, and he had to be fact-checked on in real time, and he just kept smiling like an idiot throughout the whole thing. Do you have someone, you have a Bajah horse, do you think? And then what do you think they'll cut rates in their, when they meet later this month? Yeah, I mean, it's not going to consider the people I don't want. I'd want something like Austin Goldsby or Justin Wolfers or I'd like, I think Janet Yellen was fantastic. I want someone who's just a total fucking wonk and sits by the fire with their Labrador and just looks through data all day long. That's not happening.
Starting point is 00:18:59 We could do a lot worse than this guy. He's known for writing a book that could not have been more wrong. He tried to predict the market. And that's a difficult business. We could do worse? He wrote a book that was completely wrong. Okay. I know, but he does.
Starting point is 00:19:12 Okay. He isn't an economist in the Research and Statistics Department in 1992. He is. He did serve in the Treasury Department. under Clinton and Bush. He's not a dumb man. But people think he's lost his mind. Every economist I talked to liked him and now does not like him.
Starting point is 00:19:29 Let me be clear. Not my pick. It could be worse. I wouldn't, I just wouldn't have put it past. And that's where we are. Yeah, exactly. I wouldn't have put it past him to appoint Don Jr. I mean.
Starting point is 00:19:42 He would get fired. Anyways, I don't, this is not who I would have picked. I would have renominated Chairman Powell. I would have said, hey. You can leave any time when you do this for another three or four years. He's not listening to me. But I actually, when I first saw this, I thought, yeah, not ideal. Could be a lot worse.
Starting point is 00:20:00 All right. Any other names, do you think? Just all of it out of the blue? Could be Don Jr. You're 100% right. At this point, if he had a pet, it could be his pet. That's where we are. I actually think, if someone had said, guess who it's going to be, I would have
Starting point is 00:20:15 thought it would have been besent. Another thirsty person who's lost his reputation. Again, you're asking me who I thought he was going to appoint, not who I think he should appoint. But, yeah, I don't. I thought it was hast. He's been all over the airwaves, and that's what Trump likes, right? He's been all over the airwaves. He can't shut his trap.
Starting point is 00:20:32 I mean, Kevin Warsh, he's a former Fed governor, Christopher Waller. The thing about Trump is he does take, he clearly doesn't take national defense seriously. He clearly doesn't take the health of America seriously. The Department of Education, he just thinks is a joke. Yeah. He thinks it's a joke. Yeah. Congress is a joke.
Starting point is 00:20:51 He's almost angry at it. And he puts a woman in charge who, when asked about AI describes it as A1, she thinks it's steak sauce. Yeah. But around the economy, he at least appears to acknowledge the person has to have at least taken statistics in high school. He does a, he will appoint an economist. He should have with Jamie Diamond in the job, not that he would take it. I don't think Jamie's that wonky. I think Jamie would be a good Treasury Secretary, but not.
Starting point is 00:21:19 chairman of the fed. He wants to be president. Yeah, I think Jamie, I wouldn't be surprised. Speaking of all over the place, you know, he's going to an opening of a door. Anyway, we'll see. He won't come on our pod, though. I keep inviting him. He won't come on mine.
Starting point is 00:21:33 I had a chief economist on a really impressive guy. We had a very testy dinner. So he doesn't like. Yeah. I think he's really smart. Oh, he's very smart. He was very smart. He was a great leader, too.
Starting point is 00:21:42 He was arguing me about China and the internet. I was not having it. I was just like, no. His chief economist, Michael Simblis, is. really impressive. He kept saying they were copycats. I'm like, they are to an extent, but they're actually getting very innovative. This was years ago. That's the key to economic growth. What do you think we did? We stole textile manufacturing technology from Europe and then we got innovative. Kidnap their artisans to build up and down the eastern seaboard factories. Yeah, but then we did
Starting point is 00:22:08 something with it, right? And I said, I think there's a lot of innovation. This was years ago. I said in cars, in all kinds of areas, like in manufacturing, and we just got into it. It was very funny. He's not used to being disagreed with. That's all I'd say. I like it. I'm generally impressed very impressive. I'm impressed by him. It just won't do an interview with me. But you want to do it with us either. I've invited him on. You know, David Solomon's coming on, Prop. Oh, he's a fun guy. We've got him. He's good. He's smart. He's a fun guy. He really is. Anyway, we'll see what happens. We think it's going to be the best suckup, which is Kevin
Starting point is 00:22:40 Hassett, who's not the worst choice. It's not Don Jr. That's how we say. It's not Don Jr. I'm going to be funny if he gave it to Baron. All right, Scott, let's go on a quick break. we come back how David Sacks is benefiting his White House AIs are. Support for this show comes from Odu. Running a business is hard enough, so why make it harder with a dozen different apps that don't talk to each other? Introducing Odu, it's the only business software you'll ever need. It's an all-in-one fully integrated platform that makes your work easier,
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Starting point is 00:23:46 SACS is where you can find everything from a stunning David Ehrman bracelet for her or a sleek pair of pheragama loafers to wear to a fancy holiday dinner. And if you don't know where to start, sacks.com is customized your personal style so you can save time shopping and spend more time just enjoying the holidays. Make shopping fun and easy this season and find gifts and inspiration to suit your holiday style at Sacks Fifth Avenue. Support for this show comes from Netsweet.
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Starting point is 00:25:17 slash pivot. NetSuite.com slash pivot. Scott, we're back. Tech bros that are reaping the benefits of the Trump administration, as if we didn't know that. But the biggest winner might be White House AI and cryptos are David Sacks, by the way, crypto's, Bitcoin's real down recently, by the way, according to a piece of the New York Times, which was a mild criticism. And all sort of sort of the obvious. Sacks has kept his role as Silicon Valley investor while serving as a special government employee. That's the way he gets out of it. Ethics waivers, he said he was selling or had sold most of his crypto and AI assets. But the Times found he has more than 700 tech investments that stand to benefit from policies helping shape it, in fact, are focused on AI. And as the White House role, he's opened the doors to his technical. network and push to clear regulatory hurdles to the a firms and attacking any I have firms that don't, you know, go along. Like, he did a really weird attack of anthropic as if they were like part of a, I don't know. And he, of course, never talks about safety, never talks about anything and they all get to have dinner with Trump. So Sacks deem the story, a nothing burger and tech
Starting point is 00:26:29 folks, of course, are really in a very overly sensitive way coming to his defense. Mark Benioff said the article is almost strategic sabotage. Mark Andréson called Sacks, a credit to our nation. Let me just, I'm going to start with this. Listen, I'm thrilled we're doing lots of stuff in AI. I think we should invest in it. I've talked about it for years, but this is such an, this is such an insider game for all of them. They don't have anyone who has safety issues. He zeroes out people who, like Anthropic, who have just a little bit of concern for people. This is not about the American people. This is not about democracy. This is about the rich getting their shit and telling us what to do. And they're ridiculously
Starting point is 00:27:08 over, overweening reaction was just example of that. This was the mildest of criticisms to point this out, and they're losing their ever-loven minds. And I find nothing wrong with pushing AI. I think it's a real opportunity for whatever the president is. But this is so clearly, these dinners, these, is grifty to the extreme. And it's benefited all of them, including David Sachs. Thank you.
Starting point is 00:27:32 I didn't even read the article. I knew what it said before I read it. Yeah. Yeah. And this is. through these companies. It was just a mathematical thing, but go ahead. Yeah, look, I come back to the same place, and that is he's playing the game that's been set up where if you, I don't, I've never listened to the All-In Pod, but I've seen
Starting point is 00:27:53 clips of it. And it strikes me that they figured out the best economic model in history is to try and his proximity and suck up to the president in hopes that he'll give, he and some of your company's regulatory capture or just straight up government contracts or maybe award you TikTok at 80% off, that that's the fastest way to go from being worth $50 million to $5 billion, or to get your nephew out of prison is just to show up at one of his fundraisers and say, I'm in for $3 million for you renovating the East Wing. So I don't, you read the article I didn't. I don't see him doing anything different than anybody else that is engaged in this conflict
Starting point is 00:28:31 of interest, and it all leads back to the same place for me. I think the government, to get that call to serve at the highest levels and be an official advisor and a senior policy position is extremely prestigious and it should be. And in exchange for doing that, it's absolutely a signal, accommodation, acknowledgement of your success and in exchange for taking that position, everything you own, everything you have an interest in, is put in a blind trust. And also, I think we need to pay these people more. But we can't have public policy and competitive markets shaped on who has proximity to the president because anyone who doesn't ends up leaking advantage to those who do. This is just more of the same.
Starting point is 00:29:15 Yeah, I think that if he was going to go in and improve AI, which is a great idea, he would look for ways we could all agree. Like he would deal with universities. He would bring in other people not fucking mark. How many times is Mark Andreessen Ben to Marlaug dozens, right? or whatever a number is. They all get to go. I haven't been asked by David Sachs. I disagree with him.
Starting point is 00:29:37 I think I have some ideas. Like, he doesn't ask critics. He doesn't ask for feedback. He's never said the word safety once at all. He's not doing this for all Americans people. He's doing it for him and his cronies. And that is perfectly fine. This is not a new Washington thing
Starting point is 00:29:53 where the cronies don't belly up to the bar or pigs to the trough. This is not a new thing. It's just this, every time they get criticism, Like literally, I don't even mind them like going crazy about this and acting like it was, oh, how dare you insult our genius. I'm so used to that bullshit, like, because they're such victims themselves. I really got offended when he attacked Anthropic in a really, like he picked out in, this is the AI head. He should shut his fucking mouth about individual companies. Anthropic is more safety conscious and they should be able to say it and be part of the conversation in a bigger way. And everybody, if you're the real, AI advisor to the president, you let them hear problems too, right? You let them hear, like, criticisms. You let people in. And this is just, this is just pigs at the trough. Same thing. And again, not new, but when they get offended by it, it makes me exhausted by these people.
Starting point is 00:30:48 They're so overly sensitive. Anyway, go ahead. Let me just say the, I find the thing that's most problematic in that, and I don't know if the NYT reported on this, he received ethics waivers in March and said that he'd sold or begun selling many conflicting assets. So I understand the conflict. I'm not guilty of it. And I'm making personal and financial sacrifice to reduce the actual in appearance of conflict. And what it ends up is he has hundreds of investments in companies that have reclassified
Starting point is 00:31:17 themselves as computer or hardware that are basically AI companies. They have AI in every website. That's all they did. That's all the times did. Sorry, Mark Benioff. It isn't like strategic fucking sabotage. What is, I'm sorry, I know you're on Mark's size, but stop it, Mark. I did not understand why Mark came to David's defense.
Starting point is 00:31:37 Because he's so thirsty and wants to get in. Mark, it's so disappointing. It's just a story that shows that his companies are very much in conflict of interest. That's all. So calm the fuck down, all you dudes. Anyway, it was so mild. Anyway, Donald Trump is escalatings immigration crackdowns in another area after two National Guard members were shot. One of them fatally near the White House last week, and condolences to the family of that woman, National Guard woman, allegedly by an Afghan national on thanks, it's very confusing.
Starting point is 00:32:09 On Thanksgiving, Trump posted, he's permanently pausing migration from, quote, third world countries, whatever that means, and is ending federal benefits for non-citizens. He also, these are workers who contribute to our society. He also threatened to denaturalize Americans he claims are undermining domestic tranquility. That means you and me, Scott, I guess. Trump said only reverse migration can fully cure this situation. All the silent decisions have been halted for the time of being. Cristino made it, went around and said illegal things all over the place. Ian Bremmer pointed out on threads this is basically a gift to China in any other country eager to scoop up foreign talent.
Starting point is 00:32:44 It also hurts everybody from people who take care of the elderly here to stores to factories to go after. And there was some, there was a really interesting look at Chicago. And almost all, there was just, of the 4,000 arrests, maybe a hundred had criminal, criminal problems, and very few of them had serious problems. It was more like they missed an appointment versus anything serious. I think the number of serious people was a dozen of the 4,000 people. It was mostly hardworking people that they targeted and violently, I would say. So thoughts on this, I mean, from an economic point of view, this is denaturalize.
Starting point is 00:33:27 Americans? How in the hell can you do that? Oh, this is just awful on a number of levels. And we don't know if this person had a mental health episode or, you know, I don't mean to diminish the tragedy here. But, I mean, watching Secretary Nome put herself in knots trying to blame the Biden administration for setting a place the policies that the Trump administration then granted this individual. And by the way, I think it's really important than when we have people supporting and collaborating with us and saving American servicemen's life and taking huge risks themselves. Like in Vietnam, we did it everywhere ago.
Starting point is 00:34:02 And then repatriating them, giving them opportunity to immigrate here. If this threatens that, I think that's just awful because, I mean, there's a bigger issue around letting the best and brightest come to our nation at all levels of the kind of labor stack. But I think we weaken or we put our servicemen and women in much greater peril
Starting point is 00:34:24 when we are not taken seriously, or the promise of getting you out of a hostile territory when you decide, you know, these people, if you don't get these people out and after you've abandoned Afghanistan, and these people are going to die terrible deaths and their families, if you don't give them asylum here. So when I saw this, I thought,
Starting point is 00:34:47 I hope they don't use this as an excuse to stop. The end of the day, we will be less safe overseas And our fine men and women in uniform will have a more difficult time accomplishing missions if they don't, if the people over there don't feel as if America's going to look after them. Yeah. If they, in fact, if they in fact aid us. So this is just, I mean, this is bad all the way around. I don't know how to, I don't know how frame this other than this is a tragedy on a number of levels. Yeah, it's just, it's nuts.
Starting point is 00:35:18 Look, obviously, we bring people back here, as you said, because they helped us. this was vetted by the Trump administration, and of course, Kirstenome is doing every pretzel possible. By the way, seeing she wouldn't follow federal judge's rulings, I was like, are you like getting ready to be arrested soon when this is done? Because she's just like, these people are self-owning themselves legally, like a lot. You know, I don't listen to judges. Oh, good. When we arrest you, we will be playing this particular thing. The fact that she doesn't want to figure out what happened here in a.
Starting point is 00:35:52 instead just lay blame. Obviously, there was a mental, he was working for a thing it's called the Zero Team, which was a particularly brutal group that he worked for. He might have had a mental breakdown. He obviously wasn't, when he was granted asylum by the Trump administration, he obviously was not vetted properly, right? And that is what it is. And again, I wouldn't even blame them for that, right? Like nothing's perfect in any of these vettings, by the way. But the fact is they have to lay on blame to Biden, by the way, who looked rather rigorous over the holidays, I will say. It just felt, it just felt, it's like,
Starting point is 00:36:29 these people cannot ever just have a tragedy happen and try to solve it. They have to do threats, and they have to use everything for a political end. And in this case, it's really bad for our economy. That's all I kept thinking as they were yammering on. And still, and it remains a tragedy for all these families that get upended in a really unnecessary way. Anyway, I would recommend you listening to people like Ian Bremmer and others so you can understand the economic implications of this. All right, Scott, let's go on a quick break.
Starting point is 00:37:01 When we come back, Malani's new production company. Support for this show comes from Odu. Running a business is hard enough. So why make it harder with a dozen different apps that don't talk to each other? Introducing Odu. It's the only business software you'll ever need. It's an all-in-one fully integrated platform that makes your work easier, CRM, accounting, inventory, e-commerce, and more.
Starting point is 00:37:31 And the best part, O-DU replaces multiple expensive platforms for a fraction of the cost. That's why over thousands of businesses have made the switch. So why not you? Try O-D-O-4-free at O-D-O-D-com. That's O-D-O-O-O-O-com. Support for this show comes from the Audible Original, The Downloaded 2, Ghosts in the Machine. The Earth only has a few days left. Rosco Cudulian and the rest of the Phoenix Colony have to re-upload their minds into the quantum computer,
Starting point is 00:38:06 but a new threat has arisen that could destroy their stored consciousness forever. Listen to Oscar winner Brendan Fraser reprised his role as Rosco Cudulian in this follow-up to the Audible Original Blockbuster, The Downloaded, it's a thought-provoking sci-by journey where identity, memory, and morality collide. Robert J. Sawyer does it again with this much-anticipated sequel that leaves you asking, what are you willing to lose to save the ones you love? The Downloaded 2. Ghosts in the Machine.
Starting point is 00:38:39 Available now, only from Audible. This week on Networth and Chill, we're joining by Cole Walliser, the self-taught Canadian filmmaker who turned a $250 dance reel editing gig into a Hollywood empire. The mastermind behind the iconic glam bot on red carpets, Cole has captured slow motion magic with everyone from Lady Gaga to Katie Perry, building a brand that Time Magazine just recognized as one of the 100 most influential digital creators of 2025. Cole gets real about monetizing viral moments, the business strategy behind those mesmerizing slow motion celebrity shots, and how he's built multiple revenue
Starting point is 00:39:19 streams while staying true to his work hard and be nice philosophy. The moment where I feel like I kind of made it was when I bought a house off making videos and I was like, I remember going to sleep and I'm being like, this is crazy. Like I wanted to, I grew up in Vancouver and wanted to go to LA to like direct. And then here I am like laying in my bed in this house that I bought by making videos. I was like, this seemed in, just impossible. Listen wherever you get your podcasts or watch on YouTube.com slash your rich BFF. Scott, we're back with a very important story.
Starting point is 00:39:52 Melania Trump has launched a new production company called Muse Films. The first project is a documentary titled Melania, set for a global theatrical release in January. The film will spotlight the 20 days leading up to Trump's 2025 inauguration. The documentary's rights were reportedly bought by Amazon MGM Studios in a bribe. Oh, I mean, they thought it was a great thing for $40 million. I don't know the last time a documentary got that amount. The director of Melania, Brett Ratner, is staying busy thanks to the Trumps again. Ratner, who had been accused very credibly in a really astonishing piece of the New York Times, actually,
Starting point is 00:40:29 of sexual harassment and misconduct. Is it work on Rush Hour 4 after President Trump really pushed Paramount to revive the franchise? I don't feel like we need Rush Hour 4. I did like Rush Hour, the original one. So what do you think of this? I feel like another Obama group that's not going to make one shitty thing. and then that's it, these sort of vanity production companies, right? Yeah, whether it's the Markels or the Obama's, this is nothing unusual,
Starting point is 00:40:56 and that as people who studios convince, studios like proximity to famous people, powerful people, also their fame can lead to, usually when they write a book, it does really well, sells a lot. Sometimes, yeah. What the Obama's and the Marbles, quite frankly, they developed a reputation for it was cashing checks and then not wanting to actually do any work. Right. And these things kind of fizzled out and really didn't go anywhere.
Starting point is 00:41:21 But what, and look, buyer beware, if they want to leverage their celebrity to, every author wants to be overpaid. Everyone who signs their film production wants to be overpaid. That's your agent's job, is to make the studio, I say, regret it.
Starting point is 00:41:35 But when my book agent negotiates my book deals, if I don't give royalties, that means he's done his job. It means he got a big upfront advance. or so them going out and getting deals is fine. What's different here is the following, and it is a distinct difference. They waited, the Obama's waited until they were out of office
Starting point is 00:41:54 and weren't in a position to influence mergers and acquisitions with the DOJ of the FTC. The First Lady should not be entering into commercial agreements in exchange for wink-wink, I'll make sure this acquisition does or does not go through. Netflix probably will not get, unless it's some sort of club deal, Warner Brothers, because Reed Hastings is known as a Democrat.
Starting point is 00:42:18 And so when you say to, this has nothing to do with the untapped extraordinarily deep creative talents of Melania Trump. Okay? So what this is, is, okay, will this put us in a favorable light for $40 million on all regulatory concerns from the FCC around mergers we want or business we want
Starting point is 00:42:39 from the most powerful man in the world? And it's bullshit. It all comes back to the same level. If you decide to be in public service, you and your family, give up. You get a lot. You get a lot of great shit. You get to fly out on a really cool plane. You can get reservations anywhere for the rest of your life.
Starting point is 00:42:54 You get a library named after you. People stand up when you walk into the room. The downside is you cannot have conflicts of any sort like this. Right. And Melania Trump, I've always thought, quite frankly, first lady, first lady Trump, I've always thought like, I've never. understood, I think she's a, let me, I think she's a worst first lady
Starting point is 00:43:16 in history. I don't I don't think she does anything redeeming. I, I'm still convinced I want to give her this. I think her English is better than my check. I've never heard her speak. She's guilty, the same chain migration that they're all claiming.
Starting point is 00:43:31 Yeah. Fine. She obviously wants nothing to do with him. She's never at the White House. Fine. But at the same time, there's no, I don't ever feel a need to I think it's a little unfair when people go after family members, whether it's the first lady or what have you.
Starting point is 00:43:47 If she wants to go into film production, the day after she leaves office, more power to her. And if someone is stupid enough to believe she has any insight into the creative process, fine. And maybe she does have contacts. Maybe people would be so interested
Starting point is 00:43:59 if she's willing to say, okay, this is the behind-the-scenes story of this guy. Oh, it's not going to be interesting in any way. I agree. But my point is, this all comes back to the same thing, whether it's what we're talking about with David Sacks, conflict of interest.
Starting point is 00:44:14 You don't do these deals and accept tens of millions of dollars while you're in office. She's been for sale from the get-goes, and she took a plane over here. Come on, let's be clear what she is. It's just the price. It's just the price. Well, okay, I want to be clear. I think we're all for sale to a certain extent. I don't quite like this.
Starting point is 00:44:34 I've done worse things for a lot less money than sleep with Donald Trump. I don't think you would fuck Donald Trump. I don't know. I don't know. Not beers? I don't know. I don't think so. I would literally think even you would be like there's no amount of money.
Starting point is 00:44:48 No. I don't begrudge people for wanting a better life. Who knows? He's powerful. Maybe she's attracted to him. I don't even want to go there. I shall. That's pretty.
Starting point is 00:44:58 Let me just like make one Melani observation is she's the only thing I ever liked about Melania were those fucking crazy blood trees. I thought, what a bitch. I love her for this. Remember when she did the Christian? Christmas trees that were all red and they were bloody. The bloody Christmas tree, when she took the White House and she decorated with these really blood-red trees, it was so evil that I was like, good for you, girl.
Starting point is 00:45:22 You decided to lean into crazy and you did it. And that's the only part of it. If this film is like that, I'm going to watch it. That's my only thing. So now I'm having trouble. Every time I see a really cute picture of penguins greeting a pigeon or a, uh, uh, lion taking care of a small wolf or something. I immediately go, is this AI?
Starting point is 00:45:45 And I saw this thing that I was convinced it was AI. And it was First Lady, Melania Trump, talking about the threats of AI to a squadron of military, self-guided drones, space-driven AI satellites. They are all already here. This is not the future they are here. And I'm like, and then I'm like, this isn't AI? I'm like, who decided that the first lady?
Starting point is 00:46:09 I know. She did that. No talk to the military about AI warfare? She also did a White House thing about it. It was so, again, Kara Swisher's not invited, but Melania Trump can talk about it. I'm just pointing out. Donald, invite me. I will give you some thoughts on AI.
Starting point is 00:46:23 But let me just say, Rush Hour 4, I'm not, whatever. The whole thing is such a fix. You know who I like as Melania Trump? Laura Benanti, she's the one who does Melania on Colbert, and she's a genius. Oh, yeah. I'll give her this. I think she's very fashionable. I think she's very hot.
Starting point is 00:46:40 important in a first lady. You know, whatever. I don't want a hot first lady. Well, Jackie Kennedy was, was she hot? Yeah, I guess. Oh, yeah. For the time. I mean, come on.
Starting point is 00:46:50 It was like Mamie Eisenhower before her, so it's not like a... First Lady Bush is very pretty. I think she was actually hot, too. She was a hot grim. Anyway, all right, let's not stack rank the first ladies. Anyway, one more quick break. If I ran after president, do you think Emily Radikowski would be more interested in me? No, she stopped thinking of you.
Starting point is 00:47:08 I told you, she's in a room with AOC. And your ex-fourth grade girlfriend. I realize you're trying to protect her. And they're not talking about you somewhere. They are together not talking about you, ever, ever. One more quick break. We'll be back for wins and fails. I got a good one this week.
Starting point is 00:47:22 It's bad. Support for the show comes from New York Magazine's The Strategist. The Strategist helps people who want to shop the Internet smartly. Its editors are reporters, testers, and obsessives. You can think of them as you're a shopaholic friends who carry. equally about function, value, innovation, and good taste. And their new feature, the GIF Scout, takes the best of their reporting and recommendations and uses it to surface gifts for the most hard to shop for people on your list. All you have to do is type in a description of that
Starting point is 00:47:56 person, like your parent who swears they don't want anything, or your brother-in-law who's a tech junkie, or your niece with a sweet tooth. And the GIF Scout was scanned through all of the products they've written about and come up with some relevant suggestions. The more specific you make your requests, the better. Even down to the age range, every single product you'll see is something they've written about. So you can be confident that your gift has a strategist's still of approval. Visit the strategist.com slash gift scout to try it out yourself. Okay, Scott, let's hear some wins and fails. I'm going to go first. I'm going to tell you. First, I want to pay very quick. This is, well, it's a fail, I guess. I want to pay tribute to one of
Starting point is 00:48:39 my favorite playwrights, Tom Stoppard, the legendary writer who died at 88 over the weekend. I love Tom Stoppard more than any other playwright. It changed my life, particularly everything I saw of his, Rosen Cranzen, Guildenstern, Dead, all these things. But there was a play Arcadia that I saw as a young person, and it literally changed my life. I don't know how, you know, storytelling does change people's life. I'm going to read a quote from, he was very scientific and complex. He always had science running throughout many of his plays, and ideas metaphysical, religious, all kinds of things. But there was a quote,
Starting point is 00:49:16 We shed as we pick up, like travelers who must carry everything in their arms, and what we let fall will be picked up by those behind. The procession is very long, and life is very short. We die on the march. There is nothing outside the march, so nothing can be lost to it. The missing plays of Sophocles will turn up piece by piece or be written again in another language. Ancient Cures for Diseases will reveal themselves once more. Mathematical discoveries glimpsed and lost of view will have their time again.
Starting point is 00:49:44 Do not suppose, my lady, that if all of Archimedes had been hiding in the great Library of Alexandria, we'd be at loss for a corkscrew. I love him. Such a good writer. Such a great writer. Anyway, speaking of that, I finally watched Pluribus. Scott, thank you for the recommendation. I fucking love that show. Really?
Starting point is 00:50:03 I love it. I haven't gotten to episode five of this. Man and I watched three episodes last night. To me, it's all about AI. That's what I think it's about. It's about AI come to life and giving you everything you want and being very pleasing. And she's like, that guy has just made me think in all kinds of new ways. He's a genius.
Starting point is 00:50:24 And it's also funny, funny, funny, funny, funny, like every bit of it. And I just, it's not dark, but it is. And I just, it's made me, I can't stop thinking of it. That's what I would say. the winner. Run, don't walk to watch Pluribus. It is so good. It is that good. And I appreciate you showing that, giving me that. Oh, God, I'm glad. Yeah. That's my, I guess that's my win-fail, I guess. I mean, my fail is the continued, ridiculous sensitivity of the grifters of tech who pretend that they're doing this for all of us when they're doing it for them. That would be my fail.
Starting point is 00:50:55 But they're always my fail. They're such greedy little pigs. Anyway, go ahead. So my win is, I haven't been a fan of this series, but I went and saw the third. one, and I thought it was just so fantastic. I saw Knives Out. Oh, I love that. And I saw the third, and I just thought it was so wonderful. Benoit, right? Is this name Benoit? Yeah. So, Daniel Craig, I thought he was the most physical James Bond. He's also, I think, the best actor. I think he's, and he's also, he is great in this. And the kid who plays the priest, I got to get the cast. The kid who plays the priest is going to be a movie star. Yeah, Joe, what's his name, Joe?
Starting point is 00:51:36 Who plays the younger priest. And also, you know who I've never been, I'm not, I'll say I'm not a huge fan, but I just think, I hope she's the most talented actress that has yet to win an Academy Award. Glenn Close was so good. She's always great. Also love Tom Spopford. She gave a great tribute to him. She's also, she's 78.
Starting point is 00:52:03 She's been nominated. this eight times. Oh, she's so good. And Thomas Hayden Church is in. She's in that Kim Kardashian thing that everybody hates, but has gotten renewed again. All's fair. Anyways, I just thought it was a, I thought it was a really wonderful movie. Oh, I'm going to see it. It's on my list. So my fail is going to be more controversial, but I've spent a lot of the weekend, you know, because I'm a narcissist reading my reviews for my book. And most of them positive, the harshest pushback I've received have been almost universally from therapists who say that, one, you know, here's another man blaming women for men's problems. I'm like, okay, clearly this person doesn't read the book.
Starting point is 00:52:52 But the basis is that men before they can move to having a relationship or focusing on economic security need to work on themselves. And I feel as if online, and generally as a Gestalt in America, that therapy fixes everything. And I feel like it's sort of becoming the new, take this supplement to solve all your problems. And just as I think sometimes supplements are a pipeline to being red-pilled, I think this therapy fixes everything as a bit of a supplement to focusing on certain virtue signaling as opposed to focusing on the material or economic well-being of Americans. And that is, I think overprescription of therapy can pathologize normal life when, you know, every frustration, conflict, or sadness is framed as something that needs therapy. I think people can lose sight of the fact that some problems are situational, not psychological. Some difficulties require structural solutions, not introspection.
Starting point is 00:53:53 And market forces reward influencers right now who promote therapy for fucking everything. thing. And also, saying that you just need more therapy to fix this problem is a little bit like me saying you're frustrated by airport delays. Well, you should fly private. The majority of people do not have access to $200 an hour therapists. They do not. And what I would argue is that it's an answer, but it's not the answer. Oh, I like your defense. Although my mother-in-law is going to come after you now. Well, therapists are hammers and everything they see is nail. And also, there's a feminist... No, that's the case.
Starting point is 00:54:32 I don't know if that's the case, but I can see your point. I'll let you respond and let me get through this. Also, just so I can trigger a lot of people, the feminization of therapy means a lot of young men don't relate to these therapists. Uh-oh. And that's not to say they can't help them, but if you're a young man who can't get a job
Starting point is 00:54:53 and is having trouble finding or leveling up your own offering such that you can at some point find mentors, friends, and maids. I'm not sure sometimes that these young men are, I'm not to say they can't benefit, but my point is it can help, but it's not the only or always the best tool. Support of friendships or community, lifestyle changes, addressing financial or structural barriers,
Starting point is 00:55:19 developing skills, medical evaluation for underlying conditions, cultural or spiritual frameworks, self-education. And when therapy becomes ideology, my sense is all the nuance is disappearing, this sense that if you don't go to therapy where you're refusing to grow, if you disagree with therapy, you're avoiding healing.
Starting point is 00:55:38 If therapy didn't work, it must be your fault. I feel like it's not mental health. It's becoming dogma. And I'm not anti-therapy. I'm anti-simplification in that it is a powerful tool for many people, but to be clear folks,
Starting point is 00:55:55 logistically and financially, it is not a universal fix here. And the argument isn't therapy as bad. It's a therapy is being marketed like supplements. Promised is the answer to everything. Pushed by people who profit from the narrative and stripped it of the nuance required to be truly, truly useful. And also, I would argue that if you have real mental health issues
Starting point is 00:56:20 or you have the money and the luxury of getting therapy, have at it. hugely beneficial, my therapy bomb, a nuclear fucking detonation, fluoride in the water that would be as good as therapy for the vast majority of young men who supposedly all need to work on themselves before they can make money or have a relationship would be higher wages and lower chronic stress, $25 an hour minimum wage, paid family leave, universal child care, 8 million homes in 10 years, universal health care, reduce fear and earlier intervention, less student debt, less medical debt, child care support, lower parental burnout, student debt relief, longer term stress and higher well-being, a stronger safety net, fewer crises will escalate. Guess what? We can have more
Starting point is 00:57:14 and more high blood pressure and diabetes medication, or maybe we get people working out and get them access to healthier food. Workplace standards, safer, healthier environments, bottom online, you can't therapy your way out of material precarity. And what I see online is everyone stating that mental health is the only answer. No, it's an answer. I don't know if everyone does that. Let me. Oh, my God, go online, Kara. I will. It's worse than supplements right now. Let me ask you a question. Two questions, and then I will make an observation. Let me make the observation. I've never been in therapy myself. I know it shows. And I don't, I have not thought I needed it. I went once for a couple's therapy, and I just wanted to get out of the...
Starting point is 00:57:57 I was like, let me on. Just to clarify, we should get divorced. That's the only therapy I've ever been in. Yeah, well, it asked me. Yep, you should get divorced. The therapist, I swear to God, I was like, this is the last stop on the relationship train. That's my feeling. Oh, my God, I love you.
Starting point is 00:58:11 You're literally, you're channeling my every thought. And so the therapist goes, Kara, how are you feeling? And I said, I feel like watching television. And I'm excited to go sleep with strangers. I'm super excited to go sleep with strangers. And my ex was like, that's not a feeling. I go, no, it is. It is.
Starting point is 00:58:27 I feel good when I watch television. I'm very happy. I feel like doing that. And the therapist was like, you're fine. You can go with sex. I don't, I agree with you. I don't, by the way, both my in-laws are, but one is a psychiatrist, the other is a psychologist. Yeah, psychologists.
Starting point is 00:58:44 And they're wonderful. And I think they do believe in therapy and its uses and everything else. I think that you're right, that it has to be. a well-rounded thing and not everyone avails himself to therapy in the ways that are possible and that you don't necessarily like I do think you know like one of my kids mental health is better because he works out all the time I think it helps him mentally I can see it you know what I mean he feels better about himself especially he eats better he's been eating better and he wasn't depressed but he's a better person for it like I don't know what else to say it wasn't like he was
Starting point is 00:59:17 like dealing with all kinds of trauma but I do see improvements or my other son, I know it sounds crazy, loves to drive a car and he loves driving. And it's mentally healthy for him to, he like goes on road trips and it's like he takes a minute. Like there's other ways to therapy. I go to the hardware store. I love a hardware store. Like, I feel better. Like, I know it sounds crazy, but I do, or clean or something like that. But I see your point. I do see one of the things I push back on your behalf and then just tell me this is, everyone's like, oh, he does, he's not a therapist. I said, he's not saying that in this thing. He's not. He's not. Like, you haven't read it because he's not putting himself, like, there are a lot of manwriters that see themselves as therapists. You know that, right? There's that kind of, like, here's the answer. I don't think you're doing that. So I don't think it's fair. That would be my, that would be my observation.
Starting point is 01:00:07 What, look, I think economic policy, I think we need, I think the greatest mental health, the greatest source that gets to the same or a similar place of, Therapy would be mental health policy. When people have stable housing, health care, reasonable work hours, predictable pay, child care, and a social safety net, their mental health improves to the point where they may not need to speak to a $200 an hour therapist. Or if they can, if they're available. That's why there's so many online therapists. I had an interesting, I had dinner with the governor messages. We were talking a little bit about, like, homelessness and mental health issues. They're so linked.
Starting point is 01:00:49 Look, if you are in a position to afford mental health and it's accessible, if you are clearly struggling with mental health issues, absolutely. It is hugely important. I'm in favor of it. But I believe this. If we could give young people structural foundation for more economic opportunity and the chance to meet people and have more stronger relationships, I think the need for therapy would be substantially reduced. I want people in the gym before they need statins or diabetes medication. Well, statins isn't. I guess. Yeah. Some things are just genetic, though, right? I mean, presumably. And if you inherit, if you're bipolar and you have mental health issues in your family, by all means, help those people find therapists and psychiatrists.
Starting point is 01:01:48 But what I'm seeing online is, and most of these people, by the way, are no longer practicing. They're just on TikTok. And I find that's... I know which one you're talking about, the one that the guy talking about. You think Chelsea Handler sent it to you or someone did. But if you research, if you look at these folks' background, it's like, all right, the algorithms support dogma over mental health policy. policy. And they want to shame people that aren't, well, well, these people, these men shouldn't even be thinking, you're, you're sending them down the wrong path. They need to work on themselves first. I'm like, you know what? I bet if this kid got a good job and had a better friend network, that would solve a lot of this.
Starting point is 01:02:30 I think that, that piece, that, as well-meaning as it was, it was really, it wasn't what was happening. Anyway, I like that. I like that. We're going to get a lot of pushback, but that's okay. That's fine. That's fine. You know what I've learned? Both of us have the same therapeutic situation. It's like World War II. When bombers targeting sites used to malfunction, the pilots used to say, drop your bombs when we're getting the most flack, because that means we're over the target. Oh, all right.
Starting point is 01:02:55 There's the old man coming out. Anyway, we want to hear from you. Send us your questions about business tech or whatever's on your mind. Go to nymag.com slash pivot to submit a question for the show. We have a special listener mail show coming up, So please get those questions in elsewhere in the Kara and Scott Universe on the latest episode of On with Kara Swisher. I'm talking to comedian TIG Nataro. Let's listen to a clip.
Starting point is 01:03:21 Do you feel a shift in comedy? There is the whole bro comedy circuit, of course. Yeah, I feel a massive shift, whether it is the bro comedy, very conservative comedy. You know, when I first started almost 30 years ago, it was very unusual to find a conservative comedy. out conservative comedian. Right. People would all kind of reference Dennis Miller. But, yeah, I feel the shift.
Starting point is 01:03:50 Anyway, very interesting interview. She's just done a really fascinating documentary. She's done a moment, though. She's doing really well, right? She is. She's amazing. She was on the morning show. She's on this great handsome podcast that she does.
Starting point is 01:04:02 And she did this documentary that is oddly, it's about the cancer death of a spoken word lesbian, or not lesbian, non-binary poet, and it's riveting. Like, I was like, huh, I don't know, but it was beautiful. She's done this. She's executive produces really quite good. Anyway, she's also a lovely person, let me just say. And I love interviewing, as you know, comics and comedians, because I really enjoy it.
Starting point is 01:04:27 I'm going to do Michelle Wilf soon just for you. Oh, my God. Oh, my God. I know. My hero. I know. She just did a hysterical thing about the relationship between the two wicked stars that you make you laugh.
Starting point is 01:04:39 Oh, I thought of you when I saw those two. Yeah, I know. Oh, my gosh. It's going a little bit over the top. Oh, my God. I'm going to send you
Starting point is 01:04:46 the Michelle Wolf take on it. A little bit. I actually don't like to comment on people's, but what the hell? She did a great. I'll send it to you. Anyway, I love Michelle Wolf. Okay, that's the show.
Starting point is 01:04:58 Thanks for listening to Pivot and be sure to like and subscribe to our YouTube channel. We'll be back on Friday. Scott, read us out. Today's show is produced by Lara Namanam and Zoe Marcus Taylor Griffin and Brandon McFarland.
Starting point is 01:05:10 Ernie to Todd Andrewsner to this episode. Jim McElittle added to the video. Thanks also to Drew Bros. Miserra, Dan Chelan, and Kate Gallagher. Ashok-Kirwa is Vox Media's executive producer podcast. Make sure to follow Pivot on your favorite podcast platform. Thanks for listening to Pivot from New York Magazine and Vox Media. You can subscribe to the magazine at NYMag.com slash pod.
Starting point is 01:05:29 We'll be back later this week for another breakdown of all things, tech, and business. Thank you.

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