Pivot - Mamdani's Victory, Iran Nuclear Damage Dispute, and Fed Chair Succession
Episode Date: June 27, 2025Kara and Scott discuss President Trump doubling down on claims that Iran’s nuclear program has been “obliterated,” and attacking news outlets for reporting on leaked intelligence that suggests o...therwise. Then, Zohran Mamdani’s surprise win in the New York City Democratic primary for mayor. Plus, President Trump reportedly wants to name Fed Chair Jerome Powell’s replacement as soon as this fall, the FTC approves a mega advertising merger, and Meta and Anthropic score wins in AI copyright cases. Watch this episode on the Pivot YouTube channel. Follow us on Instagram and Threads at @pivotpodcastofficial. Follow us on Bluesky at @pivotpod.bsky.social Follow us on TikTok at @pivotpodcast. Send us your questions by calling us at 855-51-PIVOT, or at nymag.com/pivot. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Hi, it's Kara Swisher.
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Hey, this is Peter Kafka.
I'm the host of Channels, a show about what happens when media and tech collide.
And this week I'm talking to Emily Sundberg, whose Feed Me newsletter is a thriving one-person
business with mega fans and lots of subscribers.
This is a story about a media company that's taking off.
A very wise person once told me, once you turn certain levers on, you can't turn them
back off.
And I don't need to right now.
Like everything's working.
I don't need to give more of my personal life.
That's This Week on Channels,
wherever you listen to your favorite podcast.
I don't know, Scott.
I'm going to just film it and we're going to have to see.
There might be a colonic that might happen.
Hi, everyone.
This is Pivot from New York Magazine
and the Vox Media Podcast Network.
I'm Kara Swisher and I have decamped to Scott's apartment
in New York again.
Here I am.
Yeah.
By the way, I don't, I don't know if you notice, but I've changed the
wireless passcode to please leave soon.
Not until you move back and I may still stay with you when you move back.
Yeah.
Cara asked me yesterday where she should put her dirty laundry and I said,
in her car on the way home.
Cara, welcome. You're welcome in her car on the way home. Kara, welcome.
You're welcome.
Thank you.
Just hands off the edibles, my granola
and my creatine chewables.
Other than that, everything's that for grabs.
I am gonna use all of them.
We're doing some filming here.
It's gonna be, I'm not gonna tell you for what?
For the secret.
Oh, great.
I'm getting a location fee, I assume.
Yes, exactly.
I'm going to a rave with Louie tonight.
That has got to be, you just brought the lame factor of that rave way up.
I'm excited.
Dancing with my son.
I'm sure you're excited.
I love that.
You and Louie are going to a rave?
Yeah, we're going to a rave.
It's a health rave, the longevity rave.
We're very excited.
Okay. First off, what you're saying is it's not a rave.
It's something not that cool that's
decided to call itself a rave.
It seems cool. No, it's by the cool people who do the raves, the daybreak people.
A health rave?
What does that mean?
I don't know, Scott.
I'm going to just film it and we're going to have to see.
You take mushrooms and get a colonic?
What does that mean?
No drugs.
No drugs.
There might be a colonic that might happen.
There's ice baths.
I don't know.
Scott, I'm trying to live in the moment like you tell me to.
You're trying to be a good mom?
Not just that.
Louis is excited. He's very excited.
He's excited about a lot of things,
including the mayoral race here in New York.
But we've got a lot to get to today,
including what Zoran Mamdani's mayoral primary win means
for Democrats.
And President Trump wants to replace
Fed Chair Jerome Powell early.
Good luck with that.
Also, all kinds of things are going on with Trump.
He's real mad at the press for not doing his propaganda. Anyway, we'll also talk about who's in the running with that. Also, all kinds of things are going on with Trump. He's real mad at the press for not doing his propaganda.
Anyway, we'll also talk about who's in the running for that,
but other things.
So where are you? London?
You're in London, right?
Yeah, I'm in London.
Yeah.
I have a really nice life.
I'm really blessed.
You do, except where are you not now right now?
Where you want to be.
Where I want to be?
In Venice.
You want to be in Venice.
You still want to be happening.
Oh, did you see like all the-
Yeah, them coming in.
Oh, it's so bad.
It's such a bad look.
Even though I like a wedding,
I like a big ridiculous wedding,
but I got to tell you, it's like, oh, come on.
Although Kim Kardashian was wearing a band across her boobs,
which I kind of liked, kind of stuff.
I didn't see that. I was in a much more interested.
Oprah is there already and stuff like that.
I wish I'm so sorry that I prevented you.
I think I had a shot.
I was with some guys. I think if I push for it,
I could have done it.
I think one of those guys wrote me and said,
I'm one of the guys that's going to.
Oh, really?
Yes.
Yeah.
Yeah. He's like, I'm like pictures quietly,
just send them to us, that's all I have.
No, this is a flex.
Those guys generally speaking wanna be my friend
because I think they're gonna win me over
and occasionally they'll reach out to a third party
and say, oh, I wouldn't mind grabbing drinks with Scott.
And I'm like, fuck no.
Yeah, they all go through me.
Have you ever noticed that?
Everyone wants to meet Scott.
But it's so, they all think that everyone's dying
to like have dinner or drinks.
I can't imagine a more boring group of people to hang out with.
Bezos, yes, because he's in his midlife crisis and has, you know, a hot woman who must have
just be magnetic in terms of her personality.
But the other tech executives that like reach out to him and say, I'd like to get a group
together to talk about technology.
And I'm like, my vision for technology.
And I'm like, oh my god.
They used to do that a lot back in the day.
They'd have dinners and they were always
really good restaurants.
So you were like, mm.
Rather manscape with a weed whacker.
Yeah, exactly.
You know what?
The good thing about you not going to that wedding
is this is what I imagine happening.
You go to the wedding and Lauren falls in love with you.
Mm, it could happen.
I think it'd be much more interesting
if he fell in love with me. Oh, yeah could happen. I think it'd be much more interesting if he fell in love with me.
Oh yeah, yeah.
I think that's-
Man him up.
We take our honeymoon in Capri
and we're spotted rubbing lotion on each other.
Where is the drill?
Oh my God.
Why does that make me happy?
Why does that make me happy?
All right, all right, we have to get to things.
All right, we have to get to real things.
First of all, President Trump is doubling down
on his claim that the US obliterated Iran's nuclear program. That's
in spite of leaked intelligence reports saying the strikes only set Iran back by a few months.
Now, these are early intelligence reports, let's be fair. And, you know, we definitely
just, I don't know why he's not happy with we did a lot of damage and he did something
bold, but he's not. He's railing against the New York Times. He's railing against CNN quite a bit,
including its reporter, Natasha.
I think it's Bertrand.
He got testy when an NBC reporter asked about the report
during a NATO press conference yesterday, but let's listen.
We're talking about something that took place three days ago.
I understand that took place.
The report was done three days ago.
Wait a minute.
Yes.
They didn't see it.
All they can do is take a guess.
Now if you take a look at the pictures, if you take a look how it's all blackened, do
you know the fire in Brimstone is all underground because it's granite and it's all underground.
You don't show it.
But even there, with all of that being said, the whole area for 75 yards around the hole
where it hit is black with fire.
Blackened. Blackened. Anyway, then he had a fired up pig head access. You're, you're
drunkle. Step in to back him up. Let's play that.
We've all seen plenty of leakers and what do leakers do? They have agendas. And what
do they do? Do they share the whole information or just the part that they want to introduce. And when they introduce that preliminary, a preliminary report that's deemed to be
a low assessment, you know what a low assessment means? Low confidence in the data in that report.
And why is there low confidence? Because all of the evidence of what was just bombed by 12,000, 30,000 pound bombs
is buried under a mountain, devastated and obliterated.
So if you want to make an assessment of what happened at Fordow, you better get a big shovel
and go really deep because Iran's nuclear program is obliterated.
It's not clear if it's obliterated. Anyway, Hegs has said the FBI is investigating the
leak. The CIA Director, John Ratcliffe, is now claiming there's credible evidence that Iran's nuclear
program was severely damaged.
Trump is also saying that US-Iran talks will happen next week, but doesn't think a formal
deal is necessary after the strikes.
Today, again, Pete Hegseth, who is just really so unqualified every time he gets up, was
saying that we should celebrate pilots.
I mean, we do, I go to Top Gun, Pete. I love Top Gun. I love when they hit the spot, and
I love it. And he also was saying that the press should go along with propaganda because
daddy needs it. It's very strange. All they were doing was reporting on things. And before
we move on, I'm far, I want to get your thoughts on this. I need you also to weigh in on this,
that the NATO summit, Trump was asked about his ex-flib-laden rant about Iran and Israel
the other day, and NATO's secretary general also had some thoughts.
This is the daddy reference.
Let's listen.
You know they fight like hell.
You can't stop them.
Let them fight for about two, three minutes, then it's easier to stop them.
And daddy has to sometimes use strong language to do it.
You have to use strong language.
Everyone's got to use a certain word.
So daddy has to use some strong.
Anyway, Scott, I'm going to call you daddy from now on.
Thoughts on all of this, on Pete, on Trump,
why he's so insistent about this,
and sort of losing ground for some reason,
even though he was successful.
Well, a giant hole that's on fire,
that just, I think that's a pretty decent description
of how I imagine my honeymoon would just phase us.
Ooh, that's bad.
If you're thinking of that, you can't get out of your head.
Daddy, speaking of daddy.
I just think it'd be worth the photos.
I think that would be, you want to talk about something that would make news, seriously.
And not only that, it'd be really good for, I wonder if we'd lose IBM as a sponsor.
We get Amazon, we get Blue Origin.
Okay, so first off, perception around foreign policy
sometimes is more important than actual kinetic power.
And the reason we choose a civilian
to head the Defense Department
is they're supposed to make decisions
to allocate resources correctly
and ensure that our fighting machine
doesn't become generals who just consistently roam the earth.
And there's a reason we usually pick a civilian
to be the secretary of defense.
And in an operation like this,
when you're up there saying,
no, no, it was great, you lose all fucking credibility.
And what they should have is they should have someone
up there with broad shoulders,
a general, a man or a woman who has actually spent their life demonstrating character and excellence
from the most competent organization in history, the US military, in a very sober way, describing
the operation.
And then when someone says, there's reports that it's not as effective as it could have been,
to say, well, we don't know, we won't know, our preliminary reports are the following.
Yeah, the general did try to do that, General Kaine, Raisin Kaine.
They shoved him out of the way because they're also-
Yeah, well, he did not want to be there. He had that look on his face, but go ahead.
They're also anxious to say, check out my prosthetic penis.
I mean, these guys should be in the background.
The president should have announced the attack, and then let the pros,
the people who actually executed this operation, and
who have a reputation for not lying and exaggerating.
And Secretary Heg says should be nowhere near a mic around this.
This is not his job.
They should have generals. Is it ruining the thing?
Because it's a successful thing to set them back by months.
It's a successful thing to set them back by a year,
to set them back.
You know, there's reports the uranium was moved.
It would be really nice to know.
And trust me, I bet our allies will
have a lot of intelligence on this.
And that's who the intelligence we're going to have to rely on is,
not ours, which is astonishing.
Of course, they've moved Tulsi Gabbard out of the way because she's saying,
maybe not. She's caused a lot of problems because she's questioning the intelligence.
But to not rely on our own intelligence and to insult it, it seems like a waste.
It just weakens us.
It also is a waste.
He's, can't he just be successful instead of being angry at like CNN and the New York
Times?
Look, the victory here is that the president did show leadership.
Absolutely.
The president who has a lot of critics within his own party about foreign interventions
took this action.
That demonstrates leadership. It demonstrates strength.
We are the only nation in the world
that has these sci-fi like B-2 bombers
that we can fly from fucking Missouri
to anywhere in the world to drop an ordinance
that no one else has.
And is it effective?
Yeah, it was effective when anyone looked up
or we saw
photos of these B-2 bombers rolling in. In addition, it also demonstrates that we
support Israel. It also demonstrates that our memory is long and our reach is far.
All of those things are good for America. But to get up there and start exaggerating and
with no real credible evidence.
And then attacking the press for doing its job,
which is not being a propaganda organ.
It just reeks of weakness.
It's like, okay, let's figure out a way.
I do think Trump has actually, in many instances, good instincts.
And then he goes about it and he decides to snatch defeat from the jaws of victory.
And that's what they're doing here.
If a general had just gotten up there and said,
we won't know for a while what the true effectiveness of this was.
He did. He did. They just stepped all over him. He did. Cain did that. So did, by the way,
J.D. Vance, right? They were doing the right things at the beginning except for Trump. They
just don't know what he's going to do. He started to cursing. He started making messes. And then,
because he's so obsessed with the media and especially media he calls losers
is the ones he talks about all the time.
It's sort of like the guy who broke up with you can't stop talking about you.
If there's such losers, Donald, stop talking about them.
If it doesn't matter, stop talking about them.
But it clearly does to him.
What's interesting though to me is, let me read this.
He calls the New York Times and CNN
bad and sick people. And of course, CNN is backing the reporter shows, the New York Times.
But this is something I think I told you, the New York Times is pushing back hard now.
And I was told by someone there that that's what they're going to do now. They're sick
of saying we stand by our reporting. This is what they wrote, which I was really, it
was very pointed. Trump called this fake news, but he and his entire national security team subsequently
confirmed that the Defense Intelligence Agency did in fact produce a preliminary assessment
described in the report by the Times and others.
So their statement was fake, not the Times reporting.
I think this just, the press has had it with this nonsense.
I'm glad, I'm glad they said it that way.
I'm glad they-
I think that what we'd call more progressive media that spends the money to do fact checking,
and I think the Democratic Party need to become the organizations are not fucking around.
Yeah, we're not fucking around.
And to say, as is often the case, when the data is true,
they go to attacking the institution and not the reporting or the data.
And this is nothing but additional evidence that in fact our reporting is entirely accurate.
I mean, they should just start, I'm down for this.
And I think AG, is that his name, should start hitting back and saying, as is the pattern
here.
Yeah, that statement was not AG, it was not an AG-like thing, which I'm kind of glad he's
finally like, like not just sticking up for his reporters.
But in general, just say,
history will show that there's a pattern
that the more serious and personal the attacks are,
the more accurate the reporting ends up being.
They did that around the Elon stuff too.
Their reporter was allowed to tweet,
this is nonsense, like, especially when they called her
a fat liar and all this other stuff.
So, anyway. Yeah.
So I don't, you know, when Elon Musk went about saying, well, you mean the,
the organization that got a Pulitzer for, you know, describing Russiagate. Yeah. The, the,
the one that also got 141 other Pulitzers. So I, I fully embrace this. I am sick of,
So I fully embrace this. I am sick of Democrats and progressive media saying,
we're gonna take the high road.
No, fuck that.
I like a low road myself.
We like a low road.
We like a low road.
We're low roaders.
The low road.
Since you're the marketing expert,
from a marketing point of view,
what would you do here if you were Trump?
You already outlined it.
Be quiet, let the general get up and say it, and let victory just show itself because people
– well, Americans don't support this, which is interesting.
Polling doesn't.
But let the results speak for themselves, right?
Correct?
That's what you're saying.
The most impressive people in boards and the most impressive leaders in a corporate sense
are very measured and thoughtful and are the first to say,
I can't take credit for that or I don't know.
I think, again, was it General Kane?
General Kane.
These people deal with life and death and the implementation of lethal force.
So when they're asked questions,
they take them very seriously. And they want a reputation
for truth because they know that other people are willing to put their own, you know, sons and
daughters in harm's way based on that they'll get truth back. And in a situation like this,
Secretary Hexhast should be nowhere near a microphone. He should be Sofia Coppola at the
Oscars and that is chained to her desk at home. I don't know where I got that reference. Anyway.
Well, he's going to keep him now because he I don't know where I got that reference. Anyway.
Well, he's going to keep him now because he's Mr.
defensive even if he looks ridiculous.
He's making Trump look ridiculous.
You know who is a great secretary of defense? William Cohen.
Can you imagine Secretary Cohen ever getting up there and trying to
exaggerate the impact of a military attack?
He would have his generals doing it.
President Trump should have just one,
we stand by our allies,
Iran attaining nuclear weapon is unacceptable in our eyes.
That's it.
That's it.
Win, win, Trump.
That's it, you win.
And then a bunch of photos release a bunch of photos
and a bunch of information.
Blacken, blacken.
These B2s, these B2s took off from fucking Missouri.
I know, I know.
And got to Iran.
And he was saying their feelings were hurt,
the pilot's feelings were hurt by the press.
The pilots don't give a fuck.
They're fine.
Top Gun.
Sorry, my friends.
They don't give a fuck.
They're fine.
They don't really care.
Anyway, speaking of this other thing, President Trump is also having some trouble with his
big one big beautiful bill.
He says no one goes on vacation until Congress delivers.
He's sticking to that July 4th deadline.
I don't know why people make deadlines.
I don't like deadlines.
I always miss them.
Senate Majority Leader John Thune says voting is on track for the end of this week, though
major parts of the bill are still being rewritten and Republicans are divided over key provisions,
most of which surrounds Medicaid.
They just arrested some people in wheelchairs today for protesting.
Medicaid is one of the biggest sticking points with
deficit hawks pushing for deeper cuts and of course it's a political nightmare for the
Republicans. There's also GOP infighting over the provision that prohibits states from regulating
AI during the next 10 years. Marjorie Taylor-Green brought this up, she's absolutely correct.
Although it would be great to have a national bill to not create this much chaos. That said, states should be able to do that.
I assume they'll get it passed,
but will it be reconciled?
Or I can't tell from the reporting whether,
I assume they always end up passing these things.
It's just whether it's going to be acceptable because a lot of people are speaking up.
I'm talking only about the Republicans against it.
They keep not tapping it down, it seems like.
I just, it's just so disappointing that there's not only, it's such a call
now, the Republican party, and also there's such a lot of leadership
in the Democratic party, you would think in the olden times that Tip O'Neill
would call and say, okay, could we potentially wedge off 20 or 30
reasonable Republicans and say, all right, tell potentially wedge off 20 or 30 reasonable Republicans and say,
all right, tell you what, we'll help you pass this thing.
And we'll go even deeper on the cuts if you match us on revenue increases on taxes on
our most fortunate and take the deficit down from three and a half trillion to one trillion.
I mean, you'd think there'd just be some people in the middle here
that would reach across the aisle and say,
ah, here's an idea.
Why don't we try and make ourselves really unpopular
across the extremes on both sides?
But that just doesn't happen anymore.
So-
Why should the Democrats help?
Why should the Democrats help?
Well, because if this passes as is,
it not only is a budget buster and impose the greatest
transfer of wealth in history, it's also basically
a move towards autocracy.
There's things in this bill including,
I mean, there's just so much, so many terrible things
in this bill.
Nobody in the administration can be found to contempt of court
so they can never subpoena them and ask
to force them to come testify.
They're talking about putting up 150 million plus acres
of national land for sale.
I mean, there's just so much,
there's so much ugly shit in this bill.
Yeah, there is.
So anyway.
I can't see it not passing, but I mean,
he's losing, I'm telling you, he's losing the step.
He's losing a step.
I don't think he has a stranglehold that everybody thinks he does.
And I think there's a lot of signs of that, including yelling at CNN.
Like, what a waste of his time to yell at CNN.
You know, I just don't, I don't know.
We'll see.
We'll see.
We're not experts in this, but we'll see.
And the AI thing should absolutely not pass.
States should have the right to do that.
And again, we should have a national bill, but that would be, we don't have a national
bill on anything having to do with tech.
Okay, let's go on a quick break.
We come back.
How New York's mayoral primary could rewrite the playbook for Democrats.
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Scott, we're back. It's being called the biggest upset in modern New York City history, I'm not sure about
that, by one Democratic strategist.
Zoran Mamdani, a 33-year-old state assemblyman from Queens, is poised to win the city's
Democratic primary for mayor.
His closest opponent, Andrew Cuomo, conceded Tuesday night pretty quickly.
It was a blowout.
Mamdani, a Democratic socialist, campaigned on New York's affordability crisis.
It was very canny.
He's a very canny guy.
Proposing free buses and a $30 minimum wage.
You must love that, Scott.
And higher taxes on millionaires and billionaires and corporations.
Young voters played a big role in this election with 25 to 34-year-olds comprising the largest
share of early voters, although he won in surprising places, including with Jewish voters.
Um, Umdani now heads towards the general election this November where he'll face current Mayor
Eric Adams and possibly Cuomo again, although Cuomo looks like he's pulled out because a
loser doesn't win. Cuomo is too smart to lose again if the former governor runs as an independent.
He's able to, but others like Bill Ackman as usual because he's such a crank, thinks
there should be a write-in candidate.
He's losing his mind because he didn't see this coming because he's always wrong about
everything to do with politics.
He's a great investor, but otherwise he's an idiot.
Let's listen to some of Mamd on these victory speech from Tuesday night.
We have won because New Yorkers have stood up for a city they can afford. A city where
they can do more than just struggle. And it's where the mayor will use their power to reject Donald Trump's fascism.
To stop mass ICE agents from deporting our neighbors.
And to govern our city as a model for the Democratic Party.
Really interesting candidate. I think even the Republicans acknowledged, and actually the smartest Republican I know, Bill Stepien, was like, don't try to dismiss them, but MAGA is
melting down over the wind with Laura Loomer, Marjorie Taylor Greene, and others launching
xenophobic attacks. They're pretty grotesque. So was Cuomo, by the way, that ad he did.
They're pretty grotesque. So was Cuomo, by the way, that ad he did.
I don't think those work.
But talk about this lessons, because this guy could have been really stained by some
of his previous tweets and worries about things he had said with Jewish voters, but a lot
of Jewish voters voted for him, which is interesting.
Although I have had many people very upset by it at the same time.
I have to tell you, both my sons were very excited and they
zeroed in on the affordability part and about
the sensible stuff that he was doing more than anything.
Also, he's a very attractive guy.
He's great at social media.
He sounds great. He's handsome, etc.
Scott, I'd love to hear.
I didn't talk to you about this at all, so
I'd love to hear your take.
This is a political earthquake, and I got to be honest, and this will piss off a lot
of my friends. I think it's hard not to be somewhat inspired by this. And there's a lot
of, you know, I personally, I couldn't help but feel a little bit inspired by some of
it. I love a younger generation of voters pushing back on money and the establishment.
I mean, Bloomberg gave $8 million to Cuomo.
Dan Lowe, Bill Ackman, the Democratic political machine
was run over by a populist younger movement.
This was, and to a certain extent,
it has echoes of the Trump campaign in terms of tactics.
It focused on affordability and weaponized social media.
So while he was on social media, Cuomo was running TV ads.
But just to give you a sense for the difference in the campaigns, you know, look at their
Instagram followings, look at the platforms they weaponized and how they went about it.
It was polling just at 1% four and a half months ago.
And just as I think that Trump got Carney
and the Australian leader elected,
I actually think Netanyahu got this guy elected.
I think that so many, I think Israel is so unpopular right now.
Amongst- You talked about this last show, the brand, the brand. I think Israel is so unpopular right now amongst-
You talked about this last show, the brand.
The brand.
It feels brutal.
The brand feels brutal.
There's just a general sense that Israel are no longer
the good guys or the bad guys, and standing up to them,
and he tapped into that anger, is a very effective strategy
right now.
But can I ask you, he didn't talk a lot about that,
which was interesting.
Well, he tried to run from that stuff.
But he talked about affordability,
and he talked about the minimum wage.
One of the ideas which I don't know what I think about it,
the city-run grocery stores, I was like,
I'm probably not, but great, kind of interesting idea.
Everything, even though if I didn't agree
with several of his things, I was like,
I like the cut of your jib,
like that you're actually thinking of kind of
some interesting ideas and stuff, so.
Well, let's talk about some of his policies.
So he wanted to talk about housing
and he wants to talk about, okay, so fine,
we have a housing problem, right?
One idea makes sense, constructing 200,000 units
of housing over 10 years, you would need,
you would want to
Activate and unleash the private sector with tax subsidies and private
Private housing construction you would want to want to motivate them to tax subsidies such that more housing development got built
You want to do away with NIMBYism and make it easier to build at the same time?
Rent freezes do exactly the opposite
They're populist bullshit because all you do when you freeze rent is you suppress the desire
in the amount of money that goes into new development and new housing.
You suppress housing stock and it's just a transfer of wealth from entrance.
They can't find a place cause there's no new housing to the people who were
fortunate enough to move into a rent stabilized place 40 years ago.
So it doesn't work.
Universal free childcare.
I think it's a great idea and it shows economic return.
And I was happy to pay 13% taxes in New York when I lived there because, and one of the reasons I was happy to do that was because, one, it's an amazing city to live in.
And two, something that made me feel really good about the city is my son was speech delayed and the state had a state-sponsored funded program to get these really wonderful young mostly women to come into our home and give
my kid occupational therapy.
And these things pay off and they make people feel really good about government.
Now quote unquote, so you run grocery stores.
That's a, let me think, what's the term?
That's a fucking stupid idea.
These are- I get that. I get that.
But go ahead, go ahead.
Well, hold on, but just, I mean, this shit makes no sense.
You want the customer service of the DMV
with the merchandising of your produce by the IRS.
Grocery stores, the one business you would not want
the government in is grocery,
because it's a low margin business.
It's local bodegas who are very good at what they do,
mostly immigrants.
This makes absolutely no sense.
Now taxing the wealthy.
Before you get to that one,
can I just say there's some co-ops that work there.
The idea is to get people who are poor better food, right?
So that's a great idea.
That's where I was thinking.
And there are certain co-ops that work really well.
There's certain innovative things to do in that area,
but I agree on the- They're not run by the government.
No, but there's a way the government can encourage, say, a food co-op or healthier food. But go ahead.
Well, you could do that, but if you want healthier food outcomes, you should just put more money in
the hands of poor people so they can find their own food and find and endorse the grocers. Grocery
stores operate at like razor thin margins.
The notion that the government's going to figure out
how to do this better than anyone else is ridiculous.
So minimum wage.
Free bus fine. I love $30 an hour minimum wage.
I think New York should lead the way on that.
I think it's a fantastic idea.
You need to see studies around raising taxes on the wealthiest,
because what he's talking about is raising taxes 2% on people making over
a certain amount of money.
Those people would now have a tax rate, an effective tax rate, including federal,
state, local, and this additional tax of about 52%.
At some point, raising taxes actually does exactly the opposite.
It reduces the tax rolls.
In terms of, I was quite bothered, quite frankly,
by what I feel were some, I won't say anti-Semitic,
I'll give them the benefit of the doubt,
but some anti-Israel positioning that,
in his background, that made me uncomfortable.
Having said that, what I said to my friends last night
in a group chat is, I don't really care
what a mayor thinks about Israel.
I don't, I want them to thinks about Israel. I don't,
I want them to pick up the trash and operate the subway. And I don't think it's, sure, you want to look at their view on international affairs and New York punches above its weight class. But at the
end of the day, it's an operational role. And I got to be honest, I love the idea of young people
and a new generation of youth. And by the way, this is a form of revolution.
This is young people saying, whatever you folks are doing,
the establishment isn't working.
And we're going, we're picking someone new
and he weaponized newer mediums.
He was very good on staying on message and affordability.
He's a very attractive candidate.
I think who's more freaked out about this is not the GOP,
but the Democratic establishment.
As they should be.
Let me, before we move on to that, on his statements,
he did go a long way to try to fix that in a lot of ways.
And I think one of the things he could do is be a lot,
like give him the minute to try to do something
that brings people together, right?
Don't assume that what he said as a Queens thing that he might,
I think he does understand that he would be the mayor
for all of New York.
And what to me is interesting is,
so you have someone like Daniel Lurie in San Francisco,
I wouldn't say he's conservative,
but he's much more centrist, right?
He's not conservative.
And this guy is this, one of the things I find exciting,
whatever you think of this, is voters are speaking.
And the minute of course this happened,
my mom goes, I'm selling my apartment in New York as a socialist
because that's what's on Fox News on friggin like whatever whatever it's so
racist over there at Fox News can I just tell you they were like they were
you know this is Zohan movie they're like he's Zohan I'm like Zohan was an
Israeli commando and by the way he rocked like are you you fucking idiots
it's all about rich people trying to manipulate an election and make people Someone was in Israeli commando and by the way, he rocked. Like, are you fucking idiots?
It's all about rich people trying to manipulate an election and make people of color hate
each other.
Like, it was like, they just don't even understand their references, but fine.
But of course, my mom immediately said, like, I'm going to sell my part, which she's not
doing.
And all I said to her is like, the voters decided what they wanted.
Every time Trump wins, you say the voters decided what they wanted. Well, they did. And she's like, oh, that's a good point. The voters decided what they wanted. Every time Trump wins, you say the voters decided what they wanted.
Well, they did.
And she's like, oh, that's a good point.
The voters wanted this.
It's not some young people being stupid.
These are the voters.
You complain about them voting.
They vote the way they want to vote.
So respect their vote.
Whether it's San Francisco bringing in Lurie, whether it's whoever it is,
like it doesn't matter. This is their vote and they count.
The Democratic establishment trying to shove Cuomo down our throats,
and that's a gross thing to think about.
What a repulsive thing they did here.
So cynical, so repulsive,
and so not listening to voters who matter, who really matter.
Yeah. He's going to run up against some blocks.
First off, it's not a fit of complete.
No.
There's, if you look at the numbers,
I think there's about four million registered voters.
He got about 400,000 votes.
So he literally got 10 percent of the registered vote.
There is an opportunity for Eric Adams potentially.
Also repulsive.
Yeah, he's got his own issues.
This is something, this was a real anomaly,
but it's not, you know, the speculation sites are saying
it's a 70% chance of winning right now in the general,
but on the whole, look, America has to deal with the fact
that the following, in my view. Young people have had it.
Young people have said, okay, I see all of this prosperity.
I see all of this obsession with wealth.
I feel like every streaming media program,
whether it's sirens or friends and neighbors
and social media is just wealth porn
being rubbed in people's faces all fucking day long, where it's impossible to feel like,
okay, I'm only making $150,000 a year
and living in Brooklyn and I'm broke,
and every day it's just being shoved in my face
that I am failing and it is so goddamn expensive.
And these rich guys are at the trough.
And meanwhile, Bloomberg's giving $8 million
to a candidate who resigned from office in disgrace.
I gotta be honest, a lot of what this guy has said
is deeply troubling to me.
Having said that, I like a new generation of voters
in a populist way, just rolling right fucking over
wealthy people who think they can buy incumbency.
I thought it was, you know, he is not my candidate.
Some of his ideas make no sense
and they will not get through the assembly
or whoever the governing body is.
Like Cuomo, his ideas, he doesn't even live here.
Like he doesn't even live in New York, which is even worse.
He was not a good candidate.
A good candidate, I was supporting, you know,
anyone I support means they're not gonna win.
I was supporting a guy named Whitney Tilson, who's just a blocking and tackling smart guy and a good candidate. A good candidate. I was supporting, you know, anyone I support means they're not going to win. I was supporting a guy named Whitney Tilson, who's just a block,
blocking and tackling smart guy and a good man and good on the issues. This guy captured
lightning in a bottle. I think young people are saying we're fed up. I think this guy
absolutely weaponized social media and the fact that someone can get this far on ideas
on sheer force of character,
he was fucking genius for the rent freeze thing,
which by the way is a shitty idea,
he jumped into the freezing water.
You're not gonna see Cuomo do that.
Did you see the halal, the $10 halal?
These are the four bills that are sitting
in the city council right now,
which would give these vendors their own permits
and make your halal more affordable.
But Eric Adams hasn't said a single word about them.
If you own the permit,
then how much would you charge for the plate?
$7.
$8.
$8.
Would you rather pay $10 for a plate of halal or $8?
$8.
$8.
I think $8 is the way to go.
If I was the mayor,
I'd be working with city council from day one
to make halal eight bucks again.
So how would it taste?
Tastes like 10 bucks, but it should be eight.
That was fantastic.
It was so smart way to talk about affordability.
It was like it was so substantive in the silliest way,
but it was hysterically funny and so enjoyable.
One, two very quick things that I'd love to get your thoughts on,
then we got to move on.
But immigrants, there's a story right now, immigrants are driving population growth across
America.
This guy feels like America, like where it's going.
I don't care.
You can hold on to your white America all you want, but it is not.
That is not what's happening in our country.
He appealed to a lot more people.
He appealed to, the numbers are so interesting of who he appealed to a lot more people. He appealed to, the numbers are so interesting
of who he appealed to, he wouldn't. The winner here, this is the one guy, I have to say,
Brad Lander, who if the Democrats are serious about someone with experience, and sorry,
the New York Times, if you were serious, you would have backed out Brad Lander, right?
Yep. Controller.
A great consolation or whatever you call it, speech.
What did he do? I have to tell you,
they cross referenced each other.
He hugged Mamdani.
He hugged him.
They crossed, they said, vote for each other,
rank each other one and two, depending on what you want.
Then he, and he backed him.
He should put Lander in an office if he becomes-
Oh, I'm sure he will.
He will, like deputy mayor, whatever.
This guy took a risk, he's Jewish,
he's like, I've talked to him,
I don't think he like gave him that cover.
I thought Brad Lander, and then he became exciting
because he got arrested, he's interesting.
He made Mamdani more safe for people who were worried
and Mamdani made Lander more interesting in some weird way.
So I love that pair.
I love that pairing of the two of them.
It's an interesting peanut butter and chocolate.
Yeah.
I actually like Andrew Cuomo.
I met him on Bill Maher.
I actually thought he seemed like a competent, decent man to me.
I think it would have been a competent, decent mayor.
But if the decision was between a candidate
backed by the establishment, in my opinion,
who looked at the mayor's mansion as rehab
for his political reputation,
such that in 18 to 24 months,
he could enter into consensual hallucination with the staff
and announce his run for presidency,
which is, I think, exactly what he was planning.
Or a 33-year-old that energizes young people and brings some fresh new ideas.
Some of them naive.
Some of them won't work.
I'm, I'm cool with the 33 year old.
I think this is somewhat, I got to be, I think this is somewhat inspiring.
His viewpoint in some of the, his rhetoric around Israel, I find
deeply offensive and disturbing.
Having said that, I don't really care what Amer thinks about that shit.
And a lot of my friends will get angry,
but that's not their role.
Their role is to get to make sure the subways
are moving on time.
Affordability, I'm all for it.
Having said that, I left New York in 2011
because I couldn't afford to live there.
I had two kids.
I was working my ass off.
I was making what I thought was a lot of money,
and I remember saying to my partner,
I'm sick of feeling middle-class
while I make all of this money, and we moved.
I don't think anyone has a birthright to live in New York.
Having said that, if there are programs
to maintain the diversity and the viscosity
and ensure that young people continue
to populate these great companies
by reducing the NIMBYism regulation, unleashing the private sector, and ensure that young people continue to populate these great companies by creating,
reducing the NIMBYism regulation,
unleashing the private sector
in terms of new housing development.
I'm all for it.
And the universal or effectively universal pre-K
and $30 minimum wage to set a tone
to inspire the rest of the nation,
recognizing if you pay people $30 minimum wage,
yeah, some places will go out of business,
but on the whole, it'll be stimulative for the economy.
I'm down for it.
It is time for these fucking older Democrats
to get on an ice flow and give some new people a shot.
A shot, let them do their dumb ideas,
but they're good ideas, they're fresh.
Perfect was not on the menu.
This guy was not perfect for me on a lot of levels,
but I gotta be honest.
I know. I knew you.
He's also a handsome man.
You also like a handsome man, don't you?
Guilty.
Guilty.
Guilty.
Yeah.
They just did a profile of his wife,
who's also pretty cool.
But it's time for a new generation of leaders
representing young people who, for the first time
in our nation's history, aren't doing as well as their parents. It is time for the next. It is time to a new generation of leaders representing young people who, for the first time in our nation's history, aren't doing as well
as their parents.
It is time for the next, it is time to shed some skin.
We need to get on a nice flow, Scott.
It is time for the next generation.
So I hope that this guy appoints
really talented, thoughtful people,
that he takes some of the rhetoric down,
and that he's more thoughtful
about some of his economic plans.
Can I, the GOP is trying to make him the face of the Democrat party.
That shows how fucking old they are. That's the thing.
I was like, be careful, my friends.
Oh, the Democrats should take notes on how this guy ran his campaign.
I know, but one of the things the GOP rushing to do this is not working with young people.
I can tell you that. It's not. They can see with their eyes, right?
What an interesting and attractive candidate this guy's, if they make him in
the face of the democratic party, they're going to lose everything.
Cause they're old creaky men.
But just one, one additional piece of data.
And I haven't, I haven't reconciled what this means, but this
was sort of champagne socialism.
You realize that Cuomo beat Mumdani by 13 points.
If they made less than 50 grand.
The lower income segment broke very hard for Cuomo and it was middle and upper income that
broke for Mumdani.
I mean, it's very interesting what happened here and how it's going to impact national
politics.
But the takeaway I get is that it is younger people are done,
and they're ready for new faces, and they're weaponizing new mediums.
And I think the best thing this kid could do if he gets through the general
is immediately publicly listen to and meet with Bloomberg,
and meet with Jewish leaders, and focus on blocking and tackling and everyday things that impact
everyday Americans and our everyday New Yorkers.
Shows he can work. This is this idea of Sarah McBride. There's all these very exciting candidates.
Imperfect allies. Imperfect allies. That's the way to go.
I love that term. I use that a lot.
I do too.
All right. Let's go on a quick break. We come back. We'll talk about Trump already considering Fed chair replacements.
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2025 marks 50 years since a trailblazer named Jan Todd decided to go to the gym with her
little boyfriend.
I had started going with Terry to the gym just because, you know, he's your cute boyfriend
and you love him and you like you want to spend all your time together.
Not thinking about being an athlete at all.
Jan told WHYY in Philadelphia there were no other women at that gym.
It wasn't considered appropriate for ladies to lift weights.
Some gyms even banned it.
The idea of a woman having muscles
was seen as somehow being somewhat transgressive.
There must be something wrong with you
if you want to have muscles.
Anyway, feeling spicy that day, Jan squatted down and dead
lifted 225 pounds, which is a lot of pounds.
She went on to lift more weights,
set a bunch of records, model in magazines, and inspire other women to lift weights.
More recently, millions of women have started.
But why now?
Answers on Today Explained, every weekday in your feet.
Scott, we're back with more news.
Let's go through these quick.
President Trump reportedly wants to name a Fed chair, Jerome Powell's replacement as
early as September, October.
Powell's term runs for another 11 months.
The transition period typically lasts just three to four months.
Trump's already on it.
Listen to a clip of him at the NATO summit responding to a question about interviewing
candidates.
I know within three or four people who are going to pick.
I mean, he goes out pretty soon, fortunately, because I think he's terrible.
Yeah, the year is not too bad, Trump.
You can't force him out.
The president is really considering several candidates, including former Fed Governor
Kevin Morse and World Bank President David Malpass.
Treasury Secretary Scott Bessent is reportedly also being pitched by allies.
Very quickly, why is he doing this?
Well, he just wants to neuter him
and he wants the governors to have a bigger say.
But Chairman Powell will go down in-
One of the greatest.
Economic professors and economic theory
will constantly cite Jerome Powell
as somebody who was a steady hand.
And the next Democratic president
will give him the National Medal of Freedom
and it'll be well deserved.
Yeah, I agree.
There we have it.
Well, Trump, again, weakness on Trump's behalf,
I feel like he can't have everything he wants
so he throws a little hissy.
He's doing a lot of hisses lately.
Hisses aren't a good look for an old man, by the way.
Another one, the FTC has agreed to approve the merger
of advertising
giants Omnicom and Interpublic Group after the companies agreed not to collude on politically
motivated ad boycotts, because, you know, we don't love the First Amendment anymore.
While the $13.5 billion merger will still allow the company's clients to choose from
whether they want to advertise on certain platforms, which is their right, by the way.
It's kind of so stupid that they had to agree to this dumb thing.
Speaking of which, liberal advocacy organization Media Matters has sued the
FTC, claiming the agency waged a campaign of retribution on behalf of President
Trump and Elon Musk.
The agency started investigating Media Matters last month over whether it
illegally colluded with other groups to boycott advertising on X.
Again, I'm glad they did that. I think it's really kind of grotesque that they aren't letting advertisers decide where they,
even if they're talking together, who cares? It's the First Amendment.
I don't know what else to say about these two cases.
You may have some thoughts about Omnicom and Interpublic doing this.
They just had to kind of do it just to get things proved, I assume.
Omnicom and IPG tying up,
it's literally the second lamest wedding of the weekend.
I mean, the reality is,
and I'm a can and they're unimportant companies.
Yeah.
Palantir will lose or gain
the market cap of these companies in the next week.
Well, that's soaring, yeah.
They're just not, they're a shadow of themselves.
The conglomerate model no longer works.
One and a half percent of GDP goes to marketing.
And it's all every year, more and more of it goes
to the guys we talk more about and these folks.
The fact that the FTC wanted to get in the way
of this merger was insane.
These guys, this is about survival.
These guys need to consolidate, cut back office,
do some spins.
Figure AI out.
Interesting. It's tactical and not that important, but it's interesting. Publis C has actually
done a better job than Omnicom, IPG, or WPP by embracing technology. They have Epsilon,
they have Sapient. They've done actually a pretty good job. And now their market cap
is worth more than I think the other three combined. But this is an industry that we talk about
as if it's important and it's not.
It employs a decent number of people.
The ad industry played a really important role
in the advancement of women.
It was one of the initial industries
to have female CEOs, Shelley Lazarus.
The character that Peggy plays in Mad Men
was actually a really important woman.
It was one of the industries that figured out and elevated women to their natural ability
as opposed to, let me put it this way, the glass ceiling was still there, but it was
higher in the communications industry.
It's been an important industry for the United States, but these companies need to consolidate
just to survive.
The idea of, I can't imagine a worse job than being
a salesperson for X right now.
Yeah.
Well, speaking of which, what do you think about this idea
that the FDC, this guy who runs the FDC is such a clown.
It's just ridiculous.
He's like an errand boy for Trump, from daddy Trump.
Not for Trump, for Musk.
Musk's hands is so far up his ass,
if he opens his mouth, you can see Elon's palm right now.
The notion that you are, what about that black hole on fire?
Black hole.
Come visit us at our wedding.
If I was on a honeymoon with Jeff Bezos,
you would absolutely show up, I have no doubt.
Anyways, it's insane.
Yeah.
You're saying free speech is your ability to say things,
but it's not free speech when you decide
you don't wanna advertise on a platform?
Yeah.
They're allowed to.
I don't care if they have lunch
and all decide to do it together.
Who cares?
You know, Linda, Linda Iaccarino, make a better platform.
Don't have a shitty platform.
Elon, sell better cars.
Sell better cars.
Perhaps you will do well.
Otherwise, you know, step off,
letting advertisers do what they want.
And by the way, they're already, as you say, suffering.
They should do whatever it takes to do well, correct?
Right?
Well, okay, so the actual laws of boycott
would only be illegal if the companies involved colluded with each other to obtain lower prices
That's not what they're doing. They're basically saying they're basically saying as a service to their to their advertisers
This is not a safe place. You need to be careful here and until they make it more brand safe
You shouldn't advertise here. That is entirely that is entirely legal. Yeah. Anyway, one interesting case though,
I have to say I was really struck by both Metta and Anthropic,
struck legal wins against the book authors this week.
The two companies face similar suits in both cases.
Federal judge ruled that the training of AI models on
copyrighted books was fair use and transformative.
However, both judges noted the case were limited in scope.
The judge in Metta's case said the plaintiffs,
which included Sarah Silverman,
quote, made the wrong arguments and failed to prove the copying harmed the market for
authors. And then Sam Altman, my friend Casey Newton and Kevin Ruse's podcast, Hardfork,
pushed back really hard on the New York Times and saying, I like the New York Times, but they're
wrong about this. So there's some real aggression here on these legal wins. I'd love to know what
you thought about this too.
They were, it's super, copyright is super complex.
And I guess one judge said, if you buy the book,
you've done enough.
If you actually buy the book instead of steal it, I guess.
I was disappointed and surprised.
And I thought, okay, we've said for a while,
this is a moment in time where creators need to really
circle wagons around their IP and at least participate in some of the
extraordinary shareholder gains that these industry is garnering by actually
creating content, but crawling content and then using machine to offer it up in
interesting ways. And so this to me was disappointing and surprising.
And I don't understand the mechanics of the legal ruling, but I would have hoped that
they would have pushed back and said, you know, I was hoping that there'd just be more
respect for IP because at some point, this just reminds me very much of back to the old
days when Google figured out a way to crawl data and give the content providers two cents by sending them traffic they couldn't monetize and
they get 98 cents on the dollar for curating information in a really
interesting way that other people had had created. If you look at all of the
models here it's just all moving towards an asset-like model where you don't
create content. You you crawl it, slice it, dice it, serve it.
At some point, that's going to be bad for
the overall economy when there's just no money in
the business of fact-checking and content creation.
Anyways, I was disappointed to see this ruling. What do you think?
Yeah. I need to learn more about it.
Yeah, I don't understand it.
I don't understand it because if they are able to do this,
it's a real problem for authors.
There's a great piece, if people want to read in
the Atlantic this week about AI upending publishing,
which I thought was really smart.
So we need to learn more about this
because it's an area we should know more about.
But yeah, I was surprised by both these rulings,
but they're doing little jigs over at Metta, I guess.
But it's not over, I'll tell you that.
It's not over for OpenAI.
It's not over for any of them in terms of legal struggles they'll have a little bit.
All right.
One more quick break.
We'll be back for predictions.
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Okay, Scott, let's hear your prediction. What is your prediction? I went back and look through the headlines kind of the few days following 9-11 or our entry into Iraq or Afghanistan.
And other than the Bin Laden raid where the headlines ended up to be the first
24, 48 and 70 years ended up to actually being quite accurate. In every other instance,
what comes out six or 12 months later is that we, what came out 24 hours later was just not that
accurate. And so my prediction isn't that interesting. It just said everything we think we know about these
attacks in Iran, we don't know. And also I have never felt a lack of certainty or confidence in
the information coming out of our intelligence community and out of the White House. Because
it feels as if their priorities aren't giving the American public the truth, but just signaling macho.
And I don't know if we're going to find out that, okay, all of the nuclear material was
actually transported out or-
That's the worrisome thing.
That's the one that they- one of the things they're not doing is saying- they are sort
of trying to punt on that because I think that's what happened.
Like, if you look at a lot of the headlines, they won't say anything about whether the
stuff was moved.
Yeah, I interviewed this really interesting guy
from the Carnegie Endowment, Kareem Sajjapur,
I believe his name is.
And you know, it just,
military intervention in the Middle East,
the only thing you know about it is it has just
so many unintended consequences.
And this whole thing feels so, today,
just so performative on behalf, you know,
we attack, it feels very performative.
Iran responds in what feels like a very performative way.
So it's kind of a non-prediction prediction,
and that is whatever you think happened,
the only thing I'm fairly certain on,
that's not what happened.
It's just-
Do you feel like you're in a Mission Impossible movie
where the uranium is on the move
and Ethan Hunt has to get it?
I feel like I'm in the Truman show.
Oh, so you have to feel like Ethan Hunt's on the hunt
for the uranium that's somewhere in a tiny ball
that he just puts in his pocket.
But think about the situation.
It's an 86 year old theocrat
who knows he could be killed at any moment in a bunker.
They've had to shut down the internet because they can't communicate with each other. It's an 86-year-old theocrat who knows he could be killed at any moment in a bunker.
They've had to shut down the internet because they can't communicate with each other.
And at the same time, we have Netanyahu who is running to stay out of prison.
And he's decided the way he does that is to be on a constant war footing, pulverizing
and creating what is arguably at this point, unnecessary death and destruction in Gaza
that gets likely played a role
in the mayoral election in New York.
I know.
I mean, or the fact that we probably wouldn't have gone
into Iran to bomb these nuclear sites
had the Ukrainian army not been so successful
against defanging Russia,
who would have still been in Syria and created more-
He was gonna do that in 24 hours, Scott.
I mean- 24 hours. The game theory to do that in 24 hours, Scott. 24 hours.
The game theory here in the scenarios are just so crazy.
And what I wonder, I know the military does this.
Is there anyone with a big whiteboard in
the Defense Department or the Secretary
Hexsett that is actually gaming all of this out?
No.
Do they actually think through this stuff?
Gaming. He couldn't play more.
It was a non-prod... Actually, that wasn't Gaming. He couldn't play like more.
Actually, that wasn't good.
I'll do another quick one.
I'll repeat the prediction.
Reed Hastings going on the board of Anthropic.
We are going to have an Anthropic Netflix joint venture
that will compete with TikTok.
I like it. I like it.
Yeah, I saw some other analysts note that
that TikTok's got to reach down into the YouTube,
into the YouTube,
the TikTok and YouTube categories. They've got to start really, you know, the growth isn't going to come from their regular business, but they have to really do both YouTube and small stuff. And I
thought that was, I was like, Oh, Scott said that already. I already knew that. Anyway, good one.
All right. 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 or call 855-51-PIVOT.
Elsewhere in the Karen Scott universe this week, this week on ProfG Conversations, Scott
spoke with Ian Bremmer, the president and founder of the Eurasia Group about Iran, the
role President Trump plays and what could come next on the global stage.
Let's listen to a clip.
The backdrop on Trump is he's not gotten his deals done.
He's really itching to make something happen.
He wants to show that he can win on the international stage.
And Iran suddenly was where he was putting a lot of time,
a lot of effort, a lot of attention.
So that's the background for him.
The backdrop of Iran is that they have lost more influence,
both regionally and globally, than pretty much anybody over the last year.
Hmm, interesting, except for Elon Musk.
Okay, that's the show.
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We'll be back next week.
Scott, read us out.
Today's show is produced by Laura Neiman, Zoe Marcus, Taylor Griffin and Kevin Oliver.
Ernie and Jatad engineered this episode.
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be back next week for another breakdown of all things tech and business.
The wedding is going to span three days, Kara,
because when you're worth 215 billion,
why have a reception when you can have
a small economic summit?
That's no good.
Venice is hosting Bezos, where locals protest over tourism.
It's like complaining about traffic
while driving a monster truck to the complaint meeting.
All right, on that, bye everybody.
See you next week.