The Toast - S4 Ep76: The End of All Industries with Ben Soffer: Tuesday April 27, 2021

Episode Date: April 27, 2021

The Morning Toast with Claudia (@girlwithnojob) and Ben Soffer (@boywithnojob) Merch: https://shopmorningtoast.com/ The Morning Toast Patreon: https://www.patreon.com/themorningtoast Girl With No Job by Claudia Oshry: https://www.girlwithnojob.com/book 1. Oscars Viewership Drops to Record Low with Less Than 10 Million Tuning In (via People) 2. Andy Cohen reveals biggest topics covered at Kardashians reunion taping (via Page Six) 3. Elon Musk’s upcoming ‘SNL’ hosting gig causes outrage among stars (via Page Six) 4. Kanye West's Yeezys just sold for a record-breaking $1.8 million (via CNN) 5. Golden State Warriors become first pro team to launch NFT collection (via ESPN) See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Good morning, millennials! Welcome back to the Morning Toast. Happy Tuesday! I am so excited to be back here in studio from Florida last week, looking sun-kissed as ever, and joined by my entire family. Not only is the love of my life, the apple of my eye, my son is here just to bring his good vibes. I'm also being co-hosted, being join... being co-hosted? No. Joined. Joined. I'm here. Joined by the other love of my life, Apple of my eye, my husband, Ben. Hi, Ben. How are you? I'm doing great.

How are you? I'm good. I'm so excited that you're here. Thank you so much for gracing us with your presence again. I'm excited that I'm here, too. I know that the show is basically carried on my back, and I've read the comments, and it seems as though you really enjoy when I'm on, so that's why I'm here. Also, because Jackie's not here.

Yes. Well, and also I intended to do three episodes with you last week, but we ended up not doing a studio episode on Monday, and then you came Tuesday, and then Taylor Strecker was available Wednesday. So the people were promised three band episodes, and they only got one. So this is the second one,

and I might make you do another one at the end of the week if the toasters demand it. Yeah, we can keep doing more of them. I think that they enjoy them. I enjoy them. We can do more of them. Well, we have a really interesting group of stories today. One, because literally nothing went on in the world, and the longer Jackie's away, the

more respect I have for her choosing stories. It is so hard, especially when nothing goes on. I would say there are two days in a week when there's a lot to report on always on a Monday because you know there's three days that we haven't done a show and then maybe towards the end of the week like a Thursday or Friday today I'm not gonna lie they are dry but I'm covering a lot of bases because there's a lot of things you want to talk about um that I don't think we would normally talk about like NFTs and some you know Golden State Warriors news is it ever really dry? When it's me and you?

No, it ain't, baby. It's not dry. No. And when Theo's here, I mean, it's just a threesome. When Theo's here, it's wet. Ben. Sorry. Don't ruin the episode.

We just started. Okay. How are you doing? Like, since last time we saw you, any big updates in your life? No, everything's good. Went to Florida. Florida is just, my God, sunny, beautiful, happy. Everybody there just seems very happy.

Great sushi. Oh, we had so much great sushi. That's actually a really good distinction. People there seem to be very happy and excited about the prospect of life. Whereas I feel like in New York, there's definitely this morose vibe. I think it's also just weather. Like when it's really nice here, like they're on a beach. I don't know.

It's hard not to be happy. It's just different. Like it's 90 degrees. Everyone's golfing, restaurants, clubs, all that stuff is open. How can you not be happy? So I was documenting a little bit on my Instagram. So I kind of wanted to update the people. Also, if you didn't listen to yesterday's episode, the reason why Jackie's not here

is because she decided to spend a few more days at her wellness retreat. It's going very well. She vlogged the first week on our Patreon, and there's another podcast episode from our Patreon up now. So patreon.com slash morning toast. And I can attest, I saw Jackie. She was... Was she glowing?

She looked great. She seemed incredibly happy. Ran into her on the 10th tee. I was golfing, and she looked great. She seemed incredibly happy. Ran into her on the 10th tee. I was golfing. And she looked great. That being said, she was wearing a sweatshirt. It was 95 degrees. That's so Jackie.

Who wears a sweatshirt in 95 degrees? Wait, I was going to say something before I went on my tangent. It'll come back to you. Well. Oh. No, fine, go. No, no, I can't remember it. I was just going to steer the ship, but it sounds like you have something to say.

No, I was just going to continue steering the way that I was steering, but you can steer. No, no, I'm the steerer. You're the star. Okay, go. No, no, I can't remember it. I was just going to steer the ship, but it sounds like you have something to say. No, I was just going to continue steering the way that I was steering, but you can steer. No, no, I'm the steerer. You're the star. Okay, steer. Okay, well, not like the pressure's on. I was going to say that I'm... Whatever, okay, so... Oh, my God!

Have you ever done this show before? No, the thing is that the role that I'm playing today is usually Jackie, and I'm you. So Jackie tells me what to do. Sorry. What I was saying was that there's a ton of new content on our Patreon, patreon.com slash The Morning Test, and I'm very excited to have you, and I'm very excited to hear your thoughts on the goings-on of the world. Great!

Do you think it's time to dive into the past five? I think that we should dive into the past five because it seems like we don't know what else to talk about. Well, we were on like a good conversation and then I literally forgot

what we were talking about, you know? That's totally fine. So maybe we'll do the past five. We'll go on a couple of tangents. Yeah, I think we can move on though. Like, I don't think you should like, okay, we get it.

Like I messed up. That never happens and you like can't get over it. But I think we should move on. Is that okay? Yeah, we can move on. Okay. Let's move on to the Fast Five stories that you...

No, that's not how it goes. No, it goes... And without further... Ben, seriously. Please shut up. Are you done? Without further ado-do-do-do, here are the Fast Five stories that you need to know

before you wake up and take a bite out of your morning toast. Ben! Seriously, stop! I have a job to do! Is this show a joke to you? No. Today's episode is brought to you by Bruch, the greatest electric toothbrush on the market. I have one, Ben has one, Theo basically has one.

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We didn't really talk about it because Jackie and I decided about a month ago that we weren't going to even acknowledge the Oscars. And we didn't. I never saw any of the movies except for Promising Young Woman. And I don't even think it won. Which you saw too. We watched it together. That was nominated?

Yeah. What world do we live in where that movie? That was a great movie. It was fine. That was like an indie film. Are there no big glitzy films? There's no movie theaters. Yeah, I guess so. was a great movie. It was fine. That was like an indie film. Are there no big, glitzy films? There's no movie theaters. Yeah, I guess so.

What a rough year. Oh, it did win. Okay, good. I loved... For screenplay. Oh, yes, I did see that. I loved that movie, so whatever. No, it was a very good movie.

I'm just saying that's not like when I think Oscars. That's like... Seems like a nice, low-budget film. Okay, I mean, it was on Amazon Prime. It wasn't low-budget. But see, it was Amazon Prime. It wasn't like a nice low budget film Okay I mean it was on Amazon Prime It wasn't low budget But see it was Amazon Prime It wasn't like a big studio movie Well we're living in an age now

We're living in an age now where like Netflix they get nominated for Oscars Yeah I saw that the exact same way that I feel About the kids ruining the music industry From last time Amazon and Netflix are ruining the movie industry Why are you yelling? Because I'm angry.

No, but seriously, like, calm down. Okay, but they're just, like, churning out content because they know that they can make money, they can get the subscription service, they can get the eyeballs.

But they make great movies. And the content is suffering. Why? Because they make some good movies, but they don't make enough good movies. Well, they make content for everyone,

and not everyone wants to watch Oscar-worthy movies. For the most part, I hate watching serious movies. So, Netflix caters to me in other ways. That's fine, but they're taking away the opportunities for those Oscar movies to be made because they're snatching up all the talent. Adam Sandler has made a good movie. No, shush for one second because you're making no fucking sense.

So how are they taking opportunities away from oscar movies because they're taking the talent and signing them to these massive deals so you're mad that netflix is taking money from rich hollywood studios no i'm just saying who's suffering here i don't follow your logic at all who's suffering here the people that enjoy good movies why because even more platforms for for people who want good movies to get access to them. I simply disagree. You're making no sense. Just admit that. Admit it. I think at one point

I was making sense, but you've yelled me into not making sense. Just because you yelled me that I'm not making any sense. You're just like really on one today. Like I need you to calm down. Oh my god. I fully matched your energy. That's all that I did. Ben, I didn't even get to the headline yet, okay? Because you're going on some tangent about hollywood studios okay the oscar viewership has dropped to record lows because there's no movies makes perfect sense who's gonna watch

the oscars when there are no movies okay if you don't let me talk like and i know what that sounds like coming from me okay go thank you last year's viewership reached 23.6 million viewers which was already an all-time low this year 10 million wow they dropped by over 50 percent wow so it was a steep decline in viewership the 93rd annual academy awards were watched by 9.85 million viewers that accounts for a 60.3% drop, losing 13.75 million viewers from last year's numbers. And last year's numbers were already low. Was it remote or were people in person? It was like a very small cocktail party. So it was in person. There was a red carpet. Everyone was sitting in the same room. But I don't even feel, like of course award shows, and we've been

reporting on every award show's numbers, they're all down. Not by this much, but also their record low numbers are still higher than like the Grammys and the Emmys. So the thing is, and this is just my opinion, I think of all the award shows, for some reason, the Oscars rub me the wrong way in the sense of like,

read the room. It's just like the Oscars are for me, like, you know, very snotty, very like celebrity, very, very out of touch almost all the time. Especially after coming off of this year when, like, people have gone through so much. I just, like, can't explain how much, like, I don't need to hear Francis McDormand, like, howl at the moon.

Do you know what I mean? Mm-hmm. That's my opinion as to why the numbers are so down. Obviously, other circumstances, too. Like, you know, every year, you know, less and less people have cable, and this year in particular, like, people are just like, they don't care.

But I think it's more of like a read-the-room situation. Like, the Oscars normally feel so out of touch to me, and this year it's like, are you serious? I think it's also just like, what are we watching? And yeah, a lot of people,

like, I mean, I had literally not heard of most of the movies. I don't, again, like, maybe I was off off base i don't know one movie that was released this year apparently i watched one movie that i thought was like a made for tv i didn't realize that what was it called promising young woman i didn't realize that a promising young woman was the movie of the year i we turned it on it was was on Amazon. It was a fine movie. But I thought it was just like, what are the movies that you like with, oh, I don't remember her name.

She gets accepted to college. She has that boyfriend. To All the Boys I've Loved Before? Yeah. And that's a rom-com. This was a serious movie. I get it. But I thought that-

Were you even paying attention? Yes. I guess that I just thought that it was on a similar level in terms of- Because it was on a streaming service? Yeah, maybe. I mean, I think also the fact that on a similar level In terms of Because it was on a streaming service Yeah maybe I mean I think also The fact that movie theaters Have been closed down

For over a year Definitely had something to do With the fact of like Nobody caring about the Oscars Yeah it's a combination of movies I think it's also a combination of Or lack thereof movies Lack of movies

And the declining cable As you mentioned I think it's a huge thing too Like I wonder If they made it a little bit more accessible if it was like on made for social in some way yeah I wonder if those numbers okay so that's interesting like take into account the amount of people that like so you think that like streaming services are ruining the movie industry but that they should also help the

Oscars with their viewership I think that streaming services are ruining the movie industry. Repeat your convoluted statement that I disagree with already. No, no. I'm just pointing out a contradiction you just made. It's not a contradiction. So don't worry. So you agree, you just said before that streaming services are ruining the music industry, I mean the movie industry.

Streaming services are ruining the movie industry, yes. You said that? You stand by that statement? Yes, I do. You also just said that like social media and these new platforms should help make the Oscars more accessible because people don't have cable anymore do you not see how that's a contradiction no there's a huge difference between cable and streaming services how what do you mean they're two completely different things no but you're not you watch a streaming service from your phone you're not saying the Oscars

should be more accessible and you but then you were clowning on Netflix and Hulu for making movies more accessible. I did not use the word accessible once. I said that if they wanted to get their viewership up, they should be where the eyeballs are. I'm really feeling like Jackie today, just like pointing out inconsistencies. No, no, no. But they're not valid inconsistencies. I got you. Just like, I would take the L.

It's not a valid inconsistency. It's very, very valid. No, it's not. The eyeballs are on social. So that's where you want to be. For sure. But the eyeballs are also on Netflix and Hulu. Who wouldn't want to be there?

No, of course they would want to be there. Then make better movies. I just feel like we're in a really, like, I don't know if people are following, like, what we're saying. We're like in a really niche argument right now. But all in all, the Oscars were down 58.3 percent and i feel like they deserved it and i don't feel bad for anyone involved sure whatever that worked for you yeah bad movies why am i gonna watch something about bad movies with no stars was leonardo dicaprio on a movie i don't think so you said

you didn't see it in the movies how do you you know if they're bad? Because none of them... Valid inconsistency. No, that was a good one. That's true. No, but I saw the one movie. That's true. Next up... I can't believe that was the movie. From page six,

Andy Cohen reveals the biggest topics covered at the Kardashians reunion taping. So I know you know that the Kardashians show on E! Keeping Up with the Kardashians is in its final season. Yes. They're going to Hulu. They're going to make another show.

But this specific show that we all grew up watching is kaput. Uh-huh. And Andy Cohen, you know, from Bravo, he hosts reunions for all of his shows. By the way, Andy Cohen from Bravo? You don't have to treat me like a moron. Okay. He is hosting a reunion for the Kardashians, like a 20-year in the making.

They cover everything. So it's already been filmed. Yes. Andy Cohen revealed that Courtney, Kim, Chloe, Kendall, Kylie,

Chris, and Scott. So there's no Rob and no Caitlin. Didn't hold anything back when he sat down with the family to keep, to film the keeping up with the Kardashians reunion special. Here's what he said. I will say that by the end of the day, I do not think there was a topic that we did not cover.

Kim and Chloe specifically were like, we want to do this. We want to do this right. We want to go out with a bang. We want this. We want to go here. Do your thing. Do your thing. So wait, so, but there's a typo on page six. It was intimidating when he sat down with them because they were so not used to it. And he thinks that Chris is very conscious, very consciously didn't want to do this special. Because you know she's like the she's in charge always but you sit down in front of Andy and you tell him you know ask us whatever you want Andy's in charge. So he got the vibe that Chris like wasn't you know wasn't

thrilled about it. So here's what they got into discussing. Kim's robbery in Paris which I've heard her speak on a few times. The David Letterman interview and on the show, Caitlyn Jenner's transition, Kim's marriage and ongoing divorce from Kanye West, Khloe's divorce from Lamar, and the cheating scandals with Tristan Thompson. That's what Andy Cohen said.

But the most jaw-dropping moments for fans may be when Kris finally addresses whether or not she set up the infamous sex tape with Kim and Ray J before the Keeping Up with the Kardashians premiere. I agree. This is what Andy said, I think as it went on they all really started leaning into it. And Kendall at

the end said, wow this was so great. We actually talked about so much stuff we never talked about and we've never been able to put to bed or address. And we did it. We actually did it. Khloe is a big Bravo fan and Kim is just so smart, he said. And by the way, I fell in love with the whole family in the way that I think everyone who watches the show ultimately winds up falling in love with them. I really fell in love. I think they're really impressive. Only two of them went to college. Cohen revealed that he was set to host the Keeping Up With The Kardashians reunion earlier this month on Twitter. So this is obviously good press for Keeping Up With The

Kardashians and it's made to make you want to watch the special, and it's working because this sounds so good. Yeah, but you can also already tell that they're not going to divulge anything that is too juicy. There's a 0% chance that Kris Jenner goes on that show and says that she set up the sex tape. Are you sick? But there have long been rumors

that that is exactly like how their entire career got started. So the fact, whether or not she'll ever admit to it, the fact that like that rumor made its way to Kris Jenner and she's addressing it, like that's crazy.

And that's really only something Andy Cohen could do. And that is why he is who he is. And that's why even after all this time, like no Bravo, no reality show reunions can compare to Bravo's like this is what he does it's his bread and butter that's how he got started really getting on TV by hosting the reunions and everyone was like who's this weird like you know guy and he's just so natural at it

and I actually cannot wait for this special I think it's going to be so good and me and Jackie spoke about this the last season of Keeping Up with the Kardashians, some of the episodes have been painful. Like, so scripted. No one even wants to film anymore. It's just, like, painful to get through. But Andy is all about the substance. And I think we'll get a lot of good substance from this special.

Reunion episodes are always interesting. I agree. And the Kardashians in particular are interesting. I mean, even are always interesting. I agree. Um, and the Kardashians in particular are interesting. I mean, even their worst episode is better than most of the real housewives trash, in my opinion. I completely disagree. Okay. That's fine. But even their worst episode is better. I'm saying something. Even their worst episode is better than. Wasn't I saying something first? No, no, no. I was... You cut me off and then started talking.

Roll the tapes. I was just going to say, even their worst episode is better than the best episode of another shitty family TV show. Every family thinks that they're so great

for their own reality show and most of them stink. So there's something to be said about being on the air for 20 seasons. That's what I said. I said even their worst show... You said then Real Housewives.

Don't clown on Real Housewives. Real Housewives is quality content. Some of it is. Real Housewives keeps the lights on in here. Some of it is. I would say most of it. Every franchise has a bad season now and then, but don't use that as in your example.

Interesting. I'm just saying, some Real Housewives franchises are better than others. Obviously. But all in all, will you be tuning in sure well i'll be tuning in so therefore you will be tuning in i said sure no i didn't say no what was with you get off my ass today you said will you be seriously seriously just take a minute you're like really coming for me today. Chill. You said, will you be tuning in? I said yes. Did you hear what I said?

I said chill. That means you don't finish your stupid point, okay? Next up. Oh, that's right. Next up is brought to you. Next up is brought to you by Relief Band. Ben, seriously. Read.

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I need it. So from New York Post, you saw that Elon Musk is hosting SNL this week. Oh. So his SNL hosting gig is causing some outrage amongst the SNL cast. Drama. The polls turned to groans for some members of the SNL ensemble Saturday when NBC announced that Elon Musk, 49, will helm their sketch comedy show as a host alongside musical guest Miley Cyrus.

The contentious Tesla CEO, I didn't even know he was contentious, will be the first non-actor or non-athlete to host SNL since Donald Trump in 2015. Elon Musk tauntingly confirmed his upcoming gig, tweeting out, let's find out just how live Saturday Night Live really is. He punctuated his cryptic post with a little purple devil emoji. But Saturday Night Live quipster Bowen Yang, you know Bowen Yang? Yep. He's honestly one of my favorites. He's great.

Seemed to have hope that Musk's social media memo was nothing more than a joke. So Yang questioned in an Instagram story, he attached a screenshot of elon's tweet and said what the fuck does this even mean then ad bryant echoed yang's concerns and posted a birdie sanders tweet about um how like the 50 wealthiest people in america today own more wealth than the bottom half of all the people so and then she added a little message. Let me repeat that because it is almost too absurd to believe the 50 wealthiest people in this country own more wealth than 165 million Americans.

That is moral obscenity. The cyber barb continued. So then a writer from SNL, Andrew Dismukes, joined in and said, the only CEO I want to sketch with is Cher E. Oteri I don't get what that joke is but maybe some other people do so it people online were like all verklempt that it was him but now SNL cast members which like I don't think I've ever seen them like you're like that's like the company you work for like you're supposed to like you know I've never seen them

even comment on the the selections of hosts. And at the end of the day, Elon Musk is one of the biggest celebrities, tycoons, whatever you want to call them in the world. So this is good for the show. Yeah. Do you want to dive in first? No, go. So that I don't say something that may be...

Go, go, go. Elon Musk is a fucking legend. Totally. What's the problem? I don't understand. Why is there always No, no, no. Elon Musk is a fucking legend. Totally. What's the problem? I don't understand. Like, why is there always a problem? No, it's not even that. It's like, the cast is so stupid.

First of all, let this be known, I hate SNL. I've loved SNL for the longest time. It's not funny anymore. Nine times out of ten, SNL is not funny. The skits are bad. COVID SNL is horrendous.

Honestly, we don't talk about that because that was so dark. Like, it was really atrocious. I prefer to watch. Give me the Will Ferrell SNL skits on repeat every Saturday night. Give me old, like, literally anything. Like, I just, old episodes. Like, I'd prefer that over any of this trash. Let that be known first.

And when there is a good episode, there's always something dragging it down. There's always a problem with SNL. Elon Musk hypes things up on social for a living. In addition to being the smartest man of our generation. The Albert Einstein of our generation. An absolute visionary. You see what he does with Dogecoin. He goes on, he hypes it up. He says, Doge going to the moon. It's just press.

Everybody buys Doge. He uses his social to drive press. So he probably was just driving viewership for SNL. I didn't think there was anything wrong with that tweet.

He said, let's see how live it really is. Like, all that he did there was get more people to go and watch SNl so do you think that the cast members had a problem with him being selected or his tweet because i think there was

anything wrong it's so that ad bryant has a 80 had a problem with him has a problem with him and by the way i think she's very funny no and i do agree with ad bryant like that is a crazy statistic well what the fuck does that have to do with him? Can I? Yeah. It is a crazy statistic. Like, 50 people own more wealth than 165 million people. Like, 100%. Like, that is crazy and that's so fucked up. But, like, Elon Musk built a company. Like, that.

It's not. We live in a capitalist. Like, that just is what it is. So, like, so he shouldn't host snl because he's too rich i just don't understand take it up with the government it's a big problem elon musk it's not his fault he's playing the game that we allow him to play change the rules you can't be pissed at the player that's a great analogy it's crazy yeah change the rules i agree it's fucked up it's there should be a better distribution of wealth especially considering the amount of people that

are struggling and living in poverty yeah right now it you can't hold elon musk accountable especially it's not elon's fault no especially because i have to assume that the guy does donate a significant amount of money no you have to assume someone i have to assume that the guy does donate a significant amount of money. No? You have to assume someone with that much money. I have to assume. Yeah. But, yeah, no, I mean, I really hope he does. Me too. Let's talk about that.

Elon, if you're watching. Yeah. By the way, speaking of Elon, have you spoken about the time we met Elon Musk? It's in my book. Go to Amazon and search Girl With No Job book. It's called Girl With No Job, The Crazy Beautiful Life of an Instagram Thirst Sponsor. I don't want to spoil it here for anyone who hasn't read the book yet. Got it.

So buy the book and you can learn about that story. Should we talk about how me and Elon are really friends? Huh? Do you remember that he followed me on Instagram for a long period of time? What? Did he unfollow you? No, he deleted his Instagram. Oh my God.

So I'm sure that when he reactivates it, I'm still somebody that he follows. I didn't know that. Yes, he follows me. Oh my God. That's so exciting. We basically are brothers. Yeah't know that. Yes, he follows me. Oh, my God. That's so exciting. We basically are brothers. Yeah, pretty much. Yeah, we're brothers.

Are you going to leave me for him? No. Okay, cool. I would let you. That's the thing. No, but I would, maybe, like, I'd leave you for the day to, like, go hang out with him. Oh, but not romantically? No, we're brothers.

Sometimes brothers kiss. Oh, God. Well, I'm excited i will be watching and i hope that you know it's not gonna be awkward when elon shows up you know you think he's already here where do you think he's staying should we go to his hotel he's everywhere elon is everywhere yeah he's all powerful did you see all knowing like kylie and chris and Kim took his like underground tunnel. I saw that. That looks really creepy. Basically he,

his company, like they built this like underground tunnel from LA to Vegas and you can get to Vegas in like an hour or something. Yeah. And it's basically just like one long coffin. And I was watching Kylie stories and I was literally going to vomit. Like what if you have to pee? First of all,

second of all, like what if you change your mind? Like how do you turn around? It was just like this long like MRI machine. So to the how do you change your mind? You can't change your mind when you're on a plane. So I don't really understand that call. I guess.

You get on a plane. You're going. When you get there, you're there. Something about it just looked like it was such a confined space. It looked super claustrophobic. So what needs to happen? It reminded me of like lost like when they get in like that little submarine and they go back to the mainland take some get a

relief band or get like uh you know like take some valium or like yeah i guess you need some sort of it would just scare me like i don't know no for me i would need i would need some drugs yeah right it's like an mri yeah it's like an MRI. Yeah, it's like an MRI. Yeah. But that's fine. Yeah. Just give me a little something. Next story is a little more Kardashian news.

Kanye West's Yeezys just sold for a record-breaking $1.8 million. So Kanye West's Nike Air Yeezy samples have sold for $1.8 million in a private sale, making them the most expensive sneakers in the world. The shoes blew past their original valuation of $1 million and fetched the highest publicly recorded price for any pair of sneakers, Wow. Oh, my God. CNN, Sotheby's confirmed they are the first recorded sneakers to sell over a million dollars. Oh my God, CNN, how repetitive are you? So are they the first recorded pair over a million dollars?

A million? Yeah. And they sold for 1.8. Billion? Are you saying billion or million? A million. Wait. Oh, the single shoe.

A pair of shoes. Okay, you said billion earlier and I was thinking that you were talking about the brand. You're saying a single pair of shoes okay you said billion earlier and i was thinking that you were talking about the brand you're saying a single pair of shoes just to recap your story i'm sorry did i say billion yes i don't think so okay so yes so a sample from a 2008 collection that never made that never hit the shelves has sold for 1.8 million. Got it. And they were West's very own pair that he wore to the Grammys. They're a size 12. They were acquired by Rares, which is an investing platform that allows users to buy and trade

shares in limited edition and highly sought after sneakers. The CEO and co-founder of Rares, Jerome Sapp, said in a press statement that purchasing the Grammy worn pair was akin to buying a piece of history. He continued that, our goal in purchasing such an iconic shoe is to increase accessibility and empower the communities that birthed sneaker culture with the tools to gain financial freedom through rares.

I mean, and then the Sotheby's head of streetwear said that the sale speaks volumes of Kanye's legacy as one of the most influential clothing and sneaker designers of our time, which I do agree with. Cool. Crazy. Yeah. I mean, supply and demand, man.

Supply and demand. One of one. What is the most amount of money you've ever paid for a pair of sneakers? Those Louis Vuitton ones recently. A thousand bucks. Hmm. Crazy. That was too much. And it was a birthday present from you. A thousand bucks. Hmm. Crazy. That was too much.

And it was a birthday present from you. So I really didn't buy it. Yeah. So, sorry. Let's just take a step back because I got those for you. You asked. No, I said, what is the most amount of money? You.

That was a gift. You can't take my gift and make it your thing. Got it. So, actually. I literally knew you were going to say that. So, actually, you bought me something and then I returned it and used it to buy the sneakers. So again, who paid for it? You did, but who bought them?

Me. Me. Not really. You were just the one at the store. You bought the AirPods. And you were the one at the store because you wouldn't let me come to the store with you. That's not true. So now, back to my original question.

What's the most amount of money you've ever spent on a pair of sneakers? I know you love like common projects. You have like some cool basketball sneakers. Probably a couple hundred bucks. You're not like a crazy sneaker head. No, I mean, the idea of owning a piece of a sneaker is the dumbest fucking shit I've ever heard in my life. That's what that trading platform is. You own a share.

The platform that bought the sneakers? is. You own a share. The platform that bought the sneakers? Yes, you own a share of Kanye West's sneaker. It's the dumbest thing I've ever heard. You can't wear them. You can't put them on your shelf. It's insane. Well, that is dumb, but I did like what the guy said. No, I get it.

The point of rares is to increase accessibility and empower the communities that birthed sneaker culture with the tools to gain financial freedom. i mean that's cool so if that works yeah it's also a really really good way to for the for the platform to look good and the platform to make money right ripping off people in their houses i mean that is a fair statement as well great so now you get three million people each giving a dollar to own a piece of kanye west sneaker. Well, this is also just great press for this platform.

I hadn't even heard of it before. Do you get what I'm saying? Yeah. They're positioning it as financial freedom for the people that birthed Kanye. But really, they're just having them each buy a thread of his shoe for two times the amount of money that they paid. So now all of a sudden, Kanye West's sneaker is were 3.6 million when they only paid 1.8. Yeah, but then the people who bought shares make money too. It sounds like it works for everyone.

I don't think so. Because it increases the value and they bought a thread for a dollar. Now the thread is $3. I'm not entirely sure how it works, but it sounds like a good system. Okay. Like its own little economy, essentially. I don't like it. Okay.

Well, speaking of things I don't like, we have one more story about basketball. But they actually relate perfectly. NFTs are very similar to what we're just talking about. Okay, great. Well, we're going to get into the NFT discussion in a minute because the NFTs are brought to you by Noom. It's not...

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Jackie's been on the Noom program for a really long time. I know she really likes their food database. It's one of the biggest and most accurate in the world. And it's really helpful when just trying to keep track of where you're at throughout the day. Over 80% of Noomers finish the program and over 60% have stuck with their goals for at least one year. There is a science to getting healthier and it's called Noom. Sign up for your trial today at noom.com slash toast. N-O-O-M dot com slash toast. Learn how to eat again with Noom.

Sign up for your trial today at Noom dot com slash toast. And if you're ready to live healthier, N-O-O-M dot com slash toast. All right. The Golden State Warriors become the first professional team to launch NFT collections. The Golden State Warriors launch a non-fungible token. Oh, is that what it stands for on the OpenSea platform Tuesday morning becoming the first professional sports team to do so this is the wave of the future the president Branschen Schneider said so we've been studying

what the best way for us to get involved and create something for our fans is NFTs have been around for years but they've really become more mainstream and popular this year the inflection point for us was to really watch was the inflection point for us was really just watching NBA Top Shot start to explode. Yep. Okay. So honestly, this these words. I can explain it.

Mean nothing to me. Yeah. Okay. NBA Top Shot took basketball cards and turned them into NFTs. So an NFT is what? An NFT is a whether it's a static. It could be an image, it could be a video, it could be a highlight, but it's something that replaces a baseball card, a basketball card, a piece of art that allows it to live digitally.

It's a digital collector's card. Correct. But it's only one of one, even though it's digital and I could take a screenshot of it. Well, it could be one of one. It could be one of 60. It could be one of 200. They assign value and yes, you can. You have to buy them, but you could also just screenshot it. So that's where I don't understand. Correct. It doesn't make sense to me for most things. For basketball cards, it's starting to make a little bit more sense to me because when you own a lot of basketball cards, you're not really displaying them anyway. They're probably sitting in a box or in a binder or in a sock drawer anyway.

So what's really the difference between it sitting in there and sitting on your phone? But for things like art, I can't possibly wrap my head around why you would want to spend millions of dollars to not have the piece of art hanging on your wall. Unless you're not collecting art to collect art, you're collecting art because art is a currency and there's a market saying that this art is worth something. So cool. If you are simply going into NFT art collecting because you want to make money then of course supply demand makes sense but if you're actually trying to accrue art because you enjoy it in your home then this just doesn't make any sense to me like i honestly like i still don't

get it which part like the whole thing yeah it's it's confusing where what website do you buy you have to download an app how How do you get involved? For NBA Top Shot? Like for anything. Well, for the NBA, it's NBA Top Shot. It's run by the NBA in coordination with this company. I'm forgetting the name of the company. And what they do is they release highlights from the vault of footage that they have.

So for example... So YouTube, basically. Yeah. Yeah, basically. That's the thing. It's like, there's nothing on an NFT that I just can't Google and find or screenshot. Like, I don't understand. I go to the website, and it's like, bid on this NFT, and they're showing me a picture of it. I'm like, can I just screenshot that and add it to my camera roll?

Yeah, but I guess it's sort of the equivalent. Like, you can just go and take a picture of a LeBron James rookie card and keep it on your phone. No, that's not the same because the lebron james rookie card is a tangible thing you can have it me having the nft either via screenshot or via purchase i still have it digitally okay so then it's the equivalent of you can have a fake Louis Vuitton purse. Yes. It's not the real one. That is the correct analogy. Okay. You want the real one. A lot of people don't.

Okay. So then for the ones that don't, this won't ever appeal to them. I think that in general, and people are talking about this, most NFTs that are created and most that are in the market will fail. Like they're going to go to zero. People have paid for nothing and it's a massive Ponzi scheme. But there will be a portion of them that will always hold value

and it's just a good investment. There's just like a lot of things going on right now that I personally do not understand. Like have you heard of BitClout? It's a new social media platform where basically like... Oh, I saw this. Your fame or your followers

equals like your value in the market. And like literally somebody fucking took my book cover and made themselves like a profile as me and like started trading like they're up to like 30 already like it's so janky like all this stuff going on like i actually don't understand it and like i'm starting to feel old whereas like i'm you know a tiktoker like i i get the younger generation i do not get this stuff like by the way i don't think this is the younger generation i think that this is like nerdy older generation they have to stop it's taking advantage of younger generation nerdy old men and their money i can't fucking keep up big cloud i saw that i'm barely hanging on with doge let's

check my doge you're i should have sold it at 0.4 like everyone else..27. Fuck. You still did pretty good. Yeah, look, I mean, I put in $200 and now I have $1,074. If I was at the casino, I'd be very happy. But I'm just going to hang on, you know, maybe one day, like, it'll go to, you know, $10. How much would I make if it went to $10? A lot. Well, please, like, go to $10.

That'd be so sickening. A lot. So there's just, like, a lot in the world going on that, like, I just refuse to kind of understand. And I feel like I have a very high threshold. Like, I, you know, invest in TikTok. Like, I want to know what the world is up to. BitClout, Bitcoin, BitThis. You invest in TikTok. Oh, you mean, like, you.

My time and energy? Got it. Okay, very different. Oh, I guess. People think you're a TikTok investor. I wish I invested in TikTok. No, like, I invest my time to, to like be a well-learned. I am a pop culture connoisseur.

It is my job to know what's going on in the world, but they are making it so hard. No, it's something that- NFTs. It's something that I read the other day that I thought was very interesting that is very much in line with this. We've become a culture that is just so obsessed

with making money off of absolutely everything that we do that you can't possibly enjoy anything anymore. So when something like this is presented, it's like, oh shit, I can make money off this NFT. I can make money off having this piece of art. I can make money off of BitCloud and new social. You're right. It has nothing to do with the art.

And that's the, by the way, it all goes back to it. They're ruining the art industry. It's the same thing. They're ruining it to it they're ruining the art industry it's the same thing they're ruining it that was hysterical but it's true every industry every single thing i want what industry in your opinion is safe i don't know i don't know it's all fucked um what was I saying? I don't know.

No, I was making a really good point. The art industry, it all comes back. No, there was more. For the sake of art. Oh, I saw this TikTok the other day. It's like, used to be a guy goes and bakes banana bread, or a girl goes and bakes banana bread, because she likes baking banana bread. You can bake banana bread because you like it

without launching a banana bread business. That is so true. That is so true. You don't have to sell your banana bread. You can do it because you like banana bread. Your friends like your banana bread. Your mom likes your banana bread. No, you're right. By the way, we live in this like hustle culture. That's what we're living in. Yeah, where you have to monetize every aspect of your life and you can just enjoy things without it. And this is the exact culture that it breeds. Where it's like, now I'm going to... Everybody's like, oh, NFT, NFT, NFT.

Doge, doge, doge. No, you're right. Quick money. We live in this culture of people just being obsessed. Like, rise and grind. Get up. Monday motivation. We got to hustle today.

Hustle, hustle, hustle. And it's like, just go to work and relax. We are in this money-obsessed culture's like, just go to work and relax. Like, we are in this like money obsessed culture. Or don't go to work and relax. Do whatever the fuck you want to do. You tell them.

Just be happy. So I think the name of today's episode is going to be something about how all the industries are dying. They're dead. The industries are dead.

No, no. So we've got art. And SNL is dead too. We've got art. We've got music. We've got movies. And we've got SNL. And the only thing that's not dead, Musk.

He's going to save us. You know what's not dead? Tech. Right. And that's why Elon Musk has more money than $165 million. A million people. By the way, I'd say that you said that he was amongst the 50 wealthiest. Yeah.

He's like in the top like three. Yeah, I would say that he deserves to be there and we should just remove the other 49. Why? You don't even know. Yeah, but he's a genius. No, he really is. That damn guy builds rockets. No, and you're totally right about like what you said is so true. Like that statistic is mind-blowing, but it's really not Elon Musk musk's fault and like hating the rule like we live in a country where it's like the american dream it's so hard to get there and there are so many obstacles so it's like why is it elon musk's fault like don't hate the player it's not his fault yeah um but that's our show and i really um have enjoyed hearing your take on

on so many things and is there anything you want to say? All industries are dead. No, that's it. Okay. That's good. Thank you for being here. Where's Theo? Is he still with you? He's dead next to me. Thank you so much for being here.

Everyone make sure to follow Ben on Instagram if you want some premium content. And also follow Theo because he's just like constantly putting, he's actually putting his show on there. Just look at him. He's stunning. He's stunning.

If you're listening as a podcaster, you're missing out on literally the most gorgeous moment between father and son he's perfect thank you guys so much for listening

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thanks Ben for being here thanks Theo for being here we love you so much bye bye