Right About Now with Ryan Alford - Diddy Up in Smoke, Interest Rates Drop, AI = Artificial Influencers

Episode Date: September 27, 2024

In today’s episode of the Weekly Business News, host Ryan Alford, and co-hosts Chris Hansen and Brianna Hall, dives into a range of timely topics, blending current events with business insights. The... trio discusses the devastating impact of a recent hurricane, Sean "Diddy" Combs' legal challenges involving sex trafficking allegations, and the growing phenomenon of AI-generated influencers. They also explore Amazon's latest AI-powered video ad generator and its potential effects on the advertising industry. The conversation shifts to media accountability, with a particular focus on Alex Jones and his legal fallout from false claims about the Sandy Hook tragedy. Throughout the episode, the hosts stress the critical need for staying well-informed and maintaining consistent standards of responsibility in the media landscape.TAKEAWAYSImpact of recent hurricanes on communities and personal experiences of the hosts.Legal troubles of Sean "Diddy" Combs related to sex trafficking allegations.Discussion on the psychological factors driving individuals in positions of power to engage in unethical behavior.The emergence and implications of AI-generated influencers in social media marketing.Concerns about authenticity and the potential disruption of traditional influencer marketing by AI.Amazon's launch of an AI-powered video ad generator and its effects on advertising practices.Accountability of media figures, particularly in relation to controversial statements and their consequences.The need for consistent standards of accountability across all media platforms.The balance between freedom of speech and the responsibility to avoid spreading misinformation.Reflection on the human cost of tragedies and the ethical considerations for media personalities. TIMESTAMPS 0:00 - Intro to Right About Now with Ryan Alford 0:12 - Overview: Business Show Introduction 0:24 - Weekly Business News Update 0:36 - September’s Fast Pace 1:06 - Hurricane and Power Outages 2:25 - Greenville Weather Impact 3:12 - Hurricane Forecast Discussion 5:07 - Miami Hurricane Preparations 6:38 - Concert Shoutout: Thousand Horses 7:02 - Diddy’s Legal Troubles 9:04 - Crossing Boundaries in Hollywood 12:26 - AI and Virtual Influencers 15:15 - Amazon's AI-Powered Video Ad Generator 19:02 - Social Media Verification and Bots 20:39 - Alex Jones's Infowars Liquidation 27:08 - FTC’s Non-Compete Ban and Overtime Rules 31:14 - Final Thoughts on the Election 33:01 - Closing Remarks and Show Outro   If you enjoyed this episode and want to learn more, join Ryan’s newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE.  Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding.  Learn more by visiting our website at www.ryanisright.comSubscribe to our YouTube channel  www.youtube.com/@RightAboutNowwithRyanAlford. 

Transcript
Discussion (0)
Starting point is 00:00:00 This is Write About Now with Ryan Alford, a Radcast Network production. We are the number one business show on the planet with over 1 million downloads a month. Taking the BS out of business for over 6 years and over 400 episodes. You ready to start snapping necks and cashing checks? Well, it starts Write About Now. What's up guys? Welcome to Right About Now. It is our weekly business news of the week here on September 27th, 2024. September's just blowing by, people.
Starting point is 00:00:35 You gotta get ready. It's going by fast. I'm joined, as always, by my good friend in Miami, Chris Hansen. What's up, brother? What's up, Brian? How are you, bro? I'm good. I'm good. And, of course, the lovely Brianna Hall. Hey. Hey, hey. I used to do that. Some people would name it, I'd go, hey. Hey. You know, like when a hot girl would walk by? Hey. Hey. You know you did that, Chris.ris yeah that was early 2000s for sure 2004 i was in like 10th grade hey yeah i don't do too many hey's anymore my wife walked by sometimes like hey now
Starting point is 00:01:18 hey girl hey girl hey girl hey there you go, I hope everyone's doing well wherever you are, whenever you're listening, however you're watching. We appreciate you. Been a busy week. We've got, I guess, Hurricane Mageddon or whatever you want to call it going on. Helene. Yeah, Helene. Storms. All I know is this.
Starting point is 00:01:42 Yeah, Helene. Storms. All I know is this. On day of record, I had no power for almost 24 hours. In a modern world, with four minutes warning that a storm was even coming in, this would be before the storm from Florida comes up the coast or whatever. This is just a random thunderstorm in Greenville, South Carolina. I mean, I've been out without power for almost 24 hours. I'm calling bullshit on that. It was rough getting to the office this morning. Like, I was driving over sticks and trees and big old rocks.
Starting point is 00:02:12 You had rocks blown all off the railroad tracks up there, too. Yeah. Did anybody come through that? I was like, damn, I'm meeting my Audi with this. I'm like, being my, I don't know, my bike or something. I don't, it's kind of, it felt like a hurricane
Starting point is 00:02:28 or a tornado had come through. It looked like it. In downtown Greenville, there were trees down everywhere. Yeah. Chris,
Starting point is 00:02:36 are you butting down the hatches? Is that what they call it? Is that what we say? Yeah, as much as I can. Not much I can do on the 30th floor
Starting point is 00:02:43 of a condo, but just bring my furniture inside. Just take care of the vacay lounge for us, you know? Make sure nothing happens. Yeah, I'm as ready as I'll be. I mean, I've been through some hurricanes, but it's looking like it's going to be on the Gulf Coast, which I was literally just at. So I kind of hustled back to Miami, hoping to avoid getting stuck over there. What's the latest forecast they're calling for with this hurricane?
Starting point is 00:03:09 USA Today has a Helanes explosive forecast, one of the most aggressive hurricanes in hurricane history. 70 knot increase in 72 hours. That was coming from Monday. It's an aggressive forecast for a good reason, trying to get ahead of possible intensification before it hits Florida. So they're trying to kind of sound the alarm bells, get that out. I would have liked to have gotten the alarm bell myself yesterday, like at 3 o'clock. Hey, you might get your power turned off. I would have gotten the gas. We had supplies brought in right before the episode.
Starting point is 00:03:43 Our Instacart driver was bringing in the gas can and the batteries. I wish I had them yesterday. My generator was pumped for about three hours and then had no luck after that. But we're prepared now in case we get stuck again. Yeah, so this is saying it's going to be a Category 3 hurricane at landfall with 115 mile per hour winds. So wherever you are, just be ready. You're probably already ready if it's Friday for you, which it is. We record sometimes a day or two earlier, but no matter what, stay safe out there.
Starting point is 00:04:13 We've got our emergency preparedness kit. It just showed up here in the office. So we'll be here ready in South Carolina for storm number two of the week. Hopefully my power's back on. We'll stay on and be safe rather than sorry so we'll see where things go you never know what the hurricanes they get scary i mean if you don't prepare it's like you're screwed and then it's i can imagine frustrating down there in miami though chris or in those areas because you don't exactly know what's going to happen and so you can prepare
Starting point is 00:04:42 for the worst then nothing happens it's like like, it's kind of drive you crazy. Yeah. I mean, I've seen these storms zigzag and cut 90 degree right angle. When you, I remember specifically, we thought one year it was going to hit us. We were prepared. And then at last minute cut across the state and you're kind of like, all right, well, that was a big excitement for nothing, but you don't know, right? Because then the places it does hit, it gets wrecked.
Starting point is 00:05:07 I'm nervous. I prepared. I got my water, filled up the gasoline. Like I said, I was in Sarasota County. They had closed pretty much the county early so people could prepare. I think Florida's got it pretty dialed in as far as like getting the power trucks ready I feel like DeSantis has done a good job with making sure all the resources
Starting point is 00:05:30 are where they need to be, God forbid It's my first storm season as an East Coast resident You traded earthquakes I don't think we ever had an actual noteworthy earthquake in my entire life.
Starting point is 00:05:47 Like, you'd be walking and you'd be like, oh, that was weird. What was that? A little jolt. Shaking. Yeah. My sister just had her first one in LA like two weeks ago. I don't want anything to do with that. I think she felt more scared.
Starting point is 00:06:00 I think she was scarier for her than a hurricane. Because at least a hurricane, you kind of like mentally prepare for it. for you know what's coming you're not just waking up to your house exactly that shake just because i know where i i felt it in south carolina before actually actually on my boat which was weird wow and there and sure enough there was like i i was not sure it was really quick and then i read the next day that there had been one in that area. So interesting. It's really minimal, but strange nonetheless. So you never know with these natural disasters.
Starting point is 00:06:33 I will say, I'm going to give a shout out to my boys, Thousand Horses. Went to their concert on Sunday. I got the concert gear on. Just got to support the guys. Best Southern Rock Country Band you want to see. Go support them. They're actually on a little mini tour here. So's Southern Rock Country Band. You want to see, go support them. They're actually on a little mini tour here. So go give them some love.
Starting point is 00:06:49 They come in your county. Look them up. A thousand horses. Great rock band, country rock, whatever you want to call it. It's just good music. I'll tell you what's not good music. I was going to say, speaking of music. Oh, diddy.
Starting point is 00:07:05 Oh, diddy. Oh, diddy. Bad boy. Bad boy entertainment. Some of the shit that he's accused of is not funny. But it is. No, it's foul. I'm sorry. You know, maybe it's the 14-year-old boy in me.
Starting point is 00:07:18 But the, I don't know, thousands of bottles of baby oil or whatever. I mean, that alone is not a crime, I hope. I wonder if he bought stock in baby oil companies. Who knows, man, how much baby oil you need. A little bit goes a long way. So I've been told. Chris told me that. Chris told me that.
Starting point is 00:07:42 He's down there in Miami. He got all that baby oil. Yeah, never been to a Diddy party. But on all the parties in Miami, baby oiled up. No, I'm kidding. Oh, yeah. You got to put the oil on. I assume so.
Starting point is 00:07:57 Sean Diddy Combs jailed by judge after sex trafficking indictment. So this comes to us from AP News. Sean Diddy Combs. So did he drop the P off of his name? Yeah. It's just Diddy now? It's just Diddy. Okay.
Starting point is 00:08:11 I thought it was P. Diddy. Headed to jail to await trial in a federal sex trafficking case that accuses him of presiding over sordid empire of sexual crimes. He's accused of a lot of different things, including female victims, male sex workers, people drugged up in the studio. A conviction of every charge against him would equate to at least 15 years in prison with the possibility of a life sentence. And it says this indictment describes Combs as the head of a criminal enterprise that engaged or attempted to engage in sex trafficking,
Starting point is 00:08:47 forced labor, interstate transportation for purposes of prostitution, drug offenses, kidnapping, arson, bribery, and obstruction of justice. Look, there's no tolerance for like 85% of what you just said. 85% of what you just said. But doesn't it feel like when you hear that though out loud of what you would think crazy, crazy Hollywood parties would be, would include like 80% of that? Like, let's throw out the trafficking and all that stuff. But let's just say, okay, prostitutes and drugs, alcohol and going way overboard.
Starting point is 00:09:24 Okay, sounds like a Hollywood crazy party that happens every weekend probably. But then it's just like, where do you cross that line? At what point, if you're Diddy, okay, you got, he's a mogul, man. You got everything in the world, all the money, all the girls. You got family, you got kids now.
Starting point is 00:09:41 You've made a lot of hits. You've made hits for other people. When does your appetite for this stuff just cross over to where I can't be satisfied with just a normal Hollywood party with drugs and alcohol and maybe some people get naked because they want to, but not because they're forced? When do you go, I can only get off or be satisfied by the extreme of the extreme. Is it like insatiable appetite or is it just insatiable ego? Like that you can do it. I don't know where, where does that flip?
Starting point is 00:10:15 I think power is the most powerful drug there is. And people like him, I feel like it's just about controlling people more than even the money. I just could see. He calls Big Perm, hey, get the baby already. I need 400 bottles tonight. You're having a freak-off, baby. He did. He's worth
Starting point is 00:10:37 $600 million. To your point, yeah. Yeah, he's got it. He's set. You want to cross that line into creating potentially allegedly these crimes that are unacceptable but damn just you can have fun i mean these people it's like you could do about anything you want but you gotta it's gotta get to this criminal level i don. I don't know.
Starting point is 00:11:06 Someone with psychology would have to explain that a little more to me. I think that there will be some interesting theories that come out about this. The list of people that's probably... How many people are shaking their boots right now, Gwen? Oh, shit. A lot. Like 10 years ago when they were coming up and they were sort of famous. They're like, damn, I was at that party and felt fun at the time.
Starting point is 00:11:29 And there's been stories for years of these parties. You've had artists talk about this stuff, but it was almost like laughed off because he was such a mogul. He had so much influence. And laughed off because it's like, ah, he throws the best parties. Okay. It's a big Hollywood party. Now it's like everyone's looking back at anyone that's ever been to those parties, kind of suspect. I mean, I think it's one of those things where like Hollywood's kind of always been known for,
Starting point is 00:11:54 like if you look at Hugh Hefner, you look at all these people who bring in young, beautiful people and promise them, you know, all the riches in the world if they do certain things or if they look a certain way or if they look a certain way or if they act a certain way. And now it's like, well, at what point does that person become a victim of you if you are a powerful person? Yeah.
Starting point is 00:12:14 Yeah, when that line of influence and promises of opportunity cross, like, just a couple more bottles of baby oil and I'll make you famous. Straight up. I can't get off the baby oil thing. It was something godly, like 500 cases
Starting point is 00:12:35 or something. It was something ridiculous. Let me see if I can find it. He bought out Costco. Yeah. Johnson & Johnson. He owns stock. That's Johnson & Johnson, he owns stock. That's Johnson & Johnson baby oil. 1,000 bottles of baby oil and freak-offs. What's a freak-off?
Starting point is 00:12:54 That's the name of the parties. That was their big orgies, their sex parties. I know. This doesn't have anything to do with business, but it was just too... It's freaking P. Diddy. It's like... Probably has something to do with business, actually. It's hard to avoid it maybe the the perils of business of like excess oh we just
Starting point is 00:13:11 like to pour it pour it on people yeah oh uh-huh like a funny party prank uh just create your baby I just created baby oil. Is pain asking you to get your hair done? I don't know. Come on. Chris, I mean, you and I don't have enough hair to probably worry about. But, like, is it pain to get out of your hair? Surely you've gotten baby oil or something of the equivalent in your hair, Brianna. I plead the fifth on this. It's not like laying out in the sun. My sister used baby oil when she'd lay out at the pool
Starting point is 00:13:46 like 20 years ago it's hard to get anything out of your hair any kind of oil any kind of substance just kind of scrub it out I wasn't trying to make you go there I was more just like when you're laying out like using some type of lotion or something
Starting point is 00:14:02 I can see my wife complaining about it I mean yeah it's annoying getting anything stuck in your hair for sure. Yes. Well, thankfully, the world is turning a corner and we are really utilizing AI. So maybe one day we won't even have celebrities that can purchase a thousand bottles of baby oil because we'll have these ai generated influencers virtual influencers they're gaining traction they have like millions of followers have you guys seen these i have yeah i think they're completely bought robotic influencers yeah i've seen like fake like they look like models but it's all exactly and they can do brand deals and they can they post as if it's like
Starting point is 00:14:44 really them like a real person i saw one this morning and she was talking about her birthday and then her bio says a robot living in california weird if i'm one of the platforms you're gonna i think reach this point where people aren't gonna want they're gonna want to know what's real what's fake i'd almost think it's bad for a bit if i'm, I'm probably just saying there's no fake profiles. Even if you describe it as that. Are we real people or are we not? Is this social media for living humans or is this social media for robots?
Starting point is 00:15:18 If you're influencing a robot, a robot's being programmed to say what you want about your product. That's not true influence. Yeah, 100%. So it's like, and I get that there's a transaction for money for influence sometimes, and it's not 100% organic. But at least there's some amount of trade between a human on the other end of the company paying the other human on the other end. One, I think it goes back to, and you guys can probably both attest to this. I'd like to hear both your perspectives. But being an influencer and deciding where you take your personal brand and what opportunities, brand partnerships you believe in and are willing to take on versus a robot that could take on anything where you guys are going to curate what makes sense for you to partner with. Felicia the robot's taking offense to that
Starting point is 00:16:10 because she's a nature-only Felicia robot that only does natural things. You know they're going to come out with that too. Like she's going to, you're going to have an ad that says, I am an artificial intelligence, but I stand for X and I only work with Y. I mean, it's probably already out there for X and I only work with Y.
Starting point is 00:16:26 I mean, it's probably already out there, right? I mean, I think it's part of business news specifically in regards to some different things. So Yahoo Finance had this article, Amazon launches AI powered video ad generator ahead of the holidays. So in summary, you can use Amazon's new AI tool to automate video ad creation, enabling brands to convert product images into video ads. So that would target advertisers looking to streamline campaign production, especially for smaller brands. So basically, it significantly reduces the time required to produce a video ad and it could take it just from an image and turn it into a video. Cool, I guess, if you're a business and you're on Amazon and you want to sell more product.
Starting point is 00:17:10 Not great for digital ad agencies. Maybe. I don't know. I think there's an in-between point and there's always going to be a... Yeah, I can build a website on my own, but an ad agency can probably do better. And then AI can do a third version.
Starting point is 00:17:26 Yeah. It's more about the ad agencies learning the AI tools. I have yet to see AI come up with the creative ideas that sort of drive the best campaigns. I'm not saying that we won't one day. But there's usually a human insight, an emotional insight that I haven't seen, that I feel like is usually missing from even like chat GPT copy and different things like that. And that doesn't mean it won't be there one day. But I think that, I think you're going to see this fine line of, I don't know, people are going to revolt against the unreal. I sure hope so.
Starting point is 00:18:08 revolt against the unreal i sure hope so i saw a video this morning a guy is a developer with the blockchain the bitcoin type stuff in web web five right we're talking web three he's talking web five but he was talking about right now on most of these social media platforms you'd be shocked at how many of the profiles are interacting with their bots and that's the big like what you said is how do we even know we're interacting with are bots. What you said is how do we even know we're interacting with a real person and not just a bot? I think there's too many platforms you don't want another one, but I think if Zucker, whoever
Starting point is 00:18:35 doesn't get these under control, that's where I think they could get taken out is where you have to be 100% verified as a real person. Like a human being. Elon's talked about doing it with X. I thought it was already getting done, but it's not because this guy's prime example actually was X.
Starting point is 00:18:53 I still think there's a fine line here that we're seemingly starting to cross. And I think you'll start to see some pushback on that. And I don't know. I can't help but think that there will be there will come a reckoning for all this and it's not gonna be i don't think this is just gonna continue unabated so to speak so i almost think you're gonna have like the naturalists and then the tech. I feel like there's a movie somewhere about that, right? I totally agree.
Starting point is 00:19:29 It's like we only want to deal with real, only real. So Forbes Online has a article from earlier in the year. It says the future of trust and verification for social media platforms. It says, the future of trust and verification for social media platforms. So this is saying, in recent years, public trust in the media has plummeted to unprecedented lows. There's a bot dilemma eroding trust and spreading misinformation. And then there's a case for introducing human verification for social media users. Human verification involves confirming that a real person and not an automated bot operates a social media account.
Starting point is 00:20:08 So it's going to be like biometric verification to prove you're human. I think you're going to see that. Which is good except you lose your anonymity. Oh good and I mean shouldn't that be happening anyway on some level?
Starting point is 00:20:26 Yeah some people need to be exposed. You hear a lot of trolls if they actually had to say who they were. Yeah, for sure. Speaking of, I would love to get your guys's perspective on our next article. Let's talk a little bit about Alex Jones and InfoWars. Oh, yeah. That's interesting. So a judge ordered that they're gonna liquidate alex jones's info wars business anything that has to do with info wars all the assets are being auctioned off to help settle the one billion dollar settlement that is owed to the sandy hook families
Starting point is 00:20:59 so accountability and media influence how do you guys feel about that? Well, one, this guy lost his fucking mind. You know, like everybody wants to get behind these conspiracy theories. But like, why did he fall on the sword for this? Yeah. I mean, Chris, do you have an opinion about that? I think it's interesting for someone that didn't fire a bullet to have to do this. Yeah, but he said it was all a hoax, right? Over and over and over again.
Starting point is 00:21:28 Right, and to be fair, though, then why is CNN, Fox, MSNBC, why are they all not getting liquidated to pay out in damages? And they have had to pay out in certain situations. I happen to, like Alex Jones, I think he's been ahead of the game on a lot of stuff he obviously missed it with this one big big miss
Starting point is 00:21:48 but I don't think it detracts from like he's educated a lot of people especially with the COVID stuff way ahead what was going on so it's not my problem isn't really with him it's more of alright if we're going to have this precedence it needs to apply to all media outlets not just targeted towards
Starting point is 00:22:04 that I agree with so If we're going to have this precedence, it needs to apply to all media outlets, not just targeted towards. That I agree with. So we can all agree that it shouldn't. If this is going to be the law, if this is the accountability that we're going to have for media journalism, that it needs to be universal yeah and i just personally wouldn't put my millions of dollars in assets on the line for an opinion that even if he still believes it to this day wrongly is so polarizing and so like you're talking about. You're talking about people getting killed. Why do you have to, why do you want to put your whole reputation on the line for that? When you don't 100% know, like Chris said, you weren't the shooter, so it's interesting to have to be this responsible for it. But, I don't know, I feel like you can't go 100% all in.
Starting point is 00:23:03 You can say, I have this thought. Here's a side of the coin. Here's one perspective to look at. There's all sorts of ways to voice that and to have your right to freedom of speech without, according to this, a jury and a judge found out that he broke the law and are holding him accountable. But I do agree with Chris. If this is the standard, then let's apply it. Because we all know we've talked about the hypocrisy of media and some
Starting point is 00:23:32 of the things that they get away with saying and doing with really no accountability whatsoever. It's like the million things they've said about Trump and maybe they got right 30% of it. I don't know. But what about the other 70%?
Starting point is 00:23:48 It's like, ah, just okay. It's part of it. And I get that this is a very sensitive topic versus one man that half the country doesn't like. But it still doesn't make it okay. So there needs to be a standard for media accountability
Starting point is 00:24:03 or not. and you can everybody can have opinions we have opinions we're sharing opinions on this show but i don't know i'm just not gonna personally feel compelled to want to use my best guess on things of that nature me personally yeah in just honoring sandy hook and the 21st graders and six educators who were killed in the newtown connecticut shooting and back when that happened thoughts and prayers always with those families and the problem is last thing i'll say is alex has done i do think he's enlightened and done a lot of things, but you lose all that fucking credibility. Like on, again, taking the stand on something like this. So like you've built this reputation, you've done these things.
Starting point is 00:24:53 And so if I don't want to think Alex is doing it for the shtick himself, then don't fall on your sword for something that would be so outlandish that it almost seems like you were we gotta paint with that same brush too because i see the same thing it's like yeah i've shared my political views but i get on fox and i'm like god damn like they are it's just wearing out these conspiracies and it's like over and over and it's like the stuff that's so obvious that i see with my own eyes that i support i'm like okay i it. But then they go down these rabbit holes too. I'm just like, this is just so partisan. I think it's a good,
Starting point is 00:25:32 like, I love hearing your stance because you're such an independent thinker. You really are the kind of person that like has both sides. And I'm a little bit more conspiracy minded. Like I will go down the conspiracy theory rabbit hole gladly any day of the week. And I think it's just interesting to hear that from you, Ryan, from a business standpoint, being independent and thinking kind of through that lens is really healthy. It is. That's why I'm proud to sponsor Independence Center. I am independent. Like I do not claim to be one or the other.
Starting point is 00:26:04 I vote with common sense in my business mind, my moral values. And I've shared where that is. But independentcenter.org, go check them out. All the information. It's about policies. It's about information. And it's about having dialogue. And it's not about partisan politics.
Starting point is 00:26:21 I encourage you to go check that out. Sign up for their newsletter. You'll get information. Learn about the policies. Learn about what the dialogue needs to be about, which is ultimately the impact that's having to the bottom line for businesses, for people, and to be able to have a dialogue where we're not just immediately starting with partisan discussion about left, right, otherwise. And look, no matter where my beliefs and things fall, I'm not voting with a red or a blue pen. I'm voting with what I believe to be right for my family.
Starting point is 00:26:56 And I do support Independence Center. Go check them out. Official sponsor of Right About Now, independencecenter.org. We'll have a link in my bio as well and on the show. Speaking of business, our next article that I'm going to read comes to us from apnews.com.
Starting point is 00:27:13 This is interesting. This is a, it is a Biden administration recent law that's come into effect. And it is a change to non-compete and overtime pay for U.S. workers. So the FTC made a decision to ban non-compete agreements, which is super interesting from business and as a business owner for you guys, labor laws, economic regulation.
Starting point is 00:27:39 So what do you guys think about this, banning non-compete agreements for U.S. workers? Chris? I'll let you start all this we use non-compete to my medical business for our sales people obviously when this came up we talked about it it's not fully applying like if someone works for me and they they switch companies and literally go steal our business you can still go after them, which is reasonable. However, and I'll be fair, I've been on the other side, but when I left my first career medical job, they hit me with some legal paperwork trying to threaten me. I remember I was 26 and I'm like, screw you guys. I'm just some young college kid trying to make it. And they were threatening me with complete
Starting point is 00:28:21 false information anyway. So that's when i kind of forgot my first taste of corporate bullying right so i'm on both sides i think there's a middle ground here but obviously in my main business we do utilize non-competes and we'll continue to do so legally both sides of this and i mean as a business owner i think you can protect yourself like chris said i mean if someone is working for you and they leave and they take trade secrets and they do things, whether they sign a non-compete or not, you can take them to court. And so you can still get done what you need from a business standpoint, which is all that ultimately matters. But I do think as I've been the employee, I was an employee for 16 years of my career. I've been an entrepreneur for seven or eight now. So I've been longer an employee than an entrepreneur. So I don't discount both sides of it. And I've had to
Starting point is 00:29:12 sign them as an employee, especially working in the add-ins business was highly competitive and didn't love parts of it. But now being a business owner owner i do understand that you spend a lot of time money sweat energy developing practices ways of doing business intellectual property and for that just to be thrown out completely doesn't complete i don't it didn't sit well with me that there is just i don't think it's an all or nothing discussion. It's like, okay, if we want to change the length of time, if we want to change some of the language to make it maybe more fair, maybe it was too far one way or the other. But I just think just to pretend or make anyone think that that doesn't still exist,
Starting point is 00:30:00 the right to having competitive advantages or having things that you've built and invested in and that people could just take that or walk with that in some way. The implication that you could isn't the right implication either. Yeah. And that's kind of just like how the media writes a clickbaity title. Oh, yeah. There's no non-competes anymore. U.S. Chamber of Commerce has already filed a lawsuit against the FTC calling its decision a dangerous precedent for government micromanagement of business. Lawsuits could delay any implementation of the FTC's new rule potentially for years. So something to just kind of keep an eye on. Yeah, we'll see.
Starting point is 00:30:40 New overtime rules, it's in that same article. So both the non-compete and the overtime rules are in there. So starting July 1st of 2025, you would have to pay overtime to salaried employees that work over 40 hours a week. Crazy. But there's an income cap. So only for... And if you vote for Trump, there'll be no tax on that overtime. Maybe I think
Starting point is 00:31:08 Kamala's already copied that. So maybe no matter who you vote for, you'll get it. Yeah, I think one you'll actually get it. One.
Starting point is 00:31:15 Yeah, that's right. And they won't actually do it. If it's a history. Yeah. Yeah. What happened to those students?
Starting point is 00:31:22 Yeah, forgiveness. Exactly. Right. All right. I think that's about it for me. Oh, yes. Any final thoughts, Chris? I'm just ready for this election to be over with, honestly.
Starting point is 00:31:33 I have election fatigue. But I do feel like as soon as it's over, it starts over. It's like, I don't know. The campaigning never stops. The theater must go on. It is theater. I'm just looking forward to hoping that my ideal candidate goes into office so I can start spending money more freely. Yeah, exactly.
Starting point is 00:31:57 Preach. Yeah. So we'll see if you get your wish. We appreciate you for listening. Hopefully you're watching on YouTube or Spotify. I mean, we've got all these nice cameras. Chris looks so nice in the vacay lounge. Don't make it all go to waste and just be listening.
Starting point is 00:32:14 And you can look at how pretty Brianna is over there. You know, she's got a, we needed to beautify the set a little bit here. So Chris and I do our best, even though my thousand horses t-shirt is rocking today abandoned was it a groupie i'm a groupie today you're a groupie yes in order to find us ryan is right.com you'll find links to the show all the other links to different places to watch listen share highlight clips and links to radical our ad agency, the Radcast Network, has all our other great shows.
Starting point is 00:32:46 And, of course, links to the beautiful, the wonderful, the Mr. Chris Broby Hanson on Instagram. Go find him where that blue check is. And, girls, he's taken right now. Off-market. Sort of. Nah. Nah. He's got a good one.
Starting point is 00:33:02 We appreciate you. We appreciate. I appreciate both of you guys thank you thanks Ryan we'll see you next time on Right About Now this has been
Starting point is 00:33:11 Right About Now with Ryan Alford a Radcast Network production visit ryanisright.com for full audio and video versions of the show or to inquire
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