The Trillionaire Mindset - 79: The TikTok Ban: All You Need to Know

Episode Date: March 31, 2023

Become an exclusive member to get ad-free and bonus episodes at https://tmgstudios.tv Bummer… banning TikTok would have been funny, but there’s a hidden agenda behind the TikTok ban also known as the RESTRICT Act. This week Ben and Emil give their thoughts on the bill that might be worse than the USA PATRIOT Act. A return to crypto corner and the crime potential of CashApp that Hindenburg seeks to unravel. Go to https://public.com/trill to unlock 5.3% APY Cancel unwanted subscriptions – and manage your expenses the easy way – by going to https://rocketmoney.com/trill For a limited time, try Notion AI for free when you go to https://notion.com/trill Get the only digital wallets with real cash access, activated by MoneyGram. Learn more at https://moneygram.com/stellarwallets Check out our channel page on Apple Podcasts, go to: https://apple.co/trillionaire SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset Want to subscribe to our newsletter? http://bit.ly/3k4Nfar Trillionaire Highlights Channel: https://www.youtube.com/TrillionaireMindsetHighlights Trillionaire IG: https://www.instagram.com/trillionairepod Trillionaire Twitter: https://twitter.com/trillionairepod TMG Studios YouTube: https://www.youtube.com/tinymeatgang BEN https://www.instagram.com/bencahn/ https://twitter.com/Buncahn EMIL https://www.instagram.com/emilderosa/ https://twitter.com/emilderosa *DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.* Chapters: 0:00 This week! 1:07 Yeeeew! Bruce Springy 3:27 Housekeeping 5:30 The Airpods Thief 8:00 The TikTok Ban 10:35 Thanks to Public! 11:58 RESTRICT Act Facade 14:44 The Patriot Act of the Internet 18:00 Jesse Watters’ Coverage 21:50 CFIUS’ Power & China 23:50 Thanks to Rocket Money! 25:50 The Bans on China 27:45 Arms War  31:20 New Spending on Defense 37:40 Thanks to Notion! 39:40 Crypto Corner 42:40 Crime Riddled Binance 44:30 CFTC Lawsuit 45:30 The Spirit of Crypto 48:15 Crypto as Securities 49:20 Thanks to Moneygram! 50:20 Hindenburg Short Sells Block 52:00 Cash App Promoting Crime? 55:20 Ben’s Date 57:50 AI Luddites 59:20 Calling for AI Pause 1:02:45 AI Movie Images 1:05:40 Wrapping Up

Okay, this week on Trillion Remindsett, we are covering the restrict deck, what is supposed to be the TikTok ban, but is it much broader? No, they're gonna be spying on your shit, dip shit. Uh, the Pentagon needs to catch up with China, so we're gonna be spending a whole lot of money to fund your crazy little, uh, dreams, your little death dream, so come up with some new weapons, stat. Block, as Hindenburg's latest victim find out what happened to cash in. Also, we got some new crypto corner, you little fucking baby? Like the AI, AI. Is AI cool now? I've been shot to two!

It's kind of a cool stuff. Ha ha ha ha ha ha! Hello, the back to the- I'll get the feedback! Kramer! When I get done with you. Yeah, that's the part, man. I'm going to get the beep, man. I'll give you the beep, man. I'll give you the beep, man. I'll give you the beep, man. I'll give you the beep, man. I'll give you the beep, man.

I'll give you the beep, man. I'll give you the beep, man. I'll give you the beep, man. I'll give you the beep, man. I'll give you the beep, man. I'll give you the beep, man. I'll give you the beep, man. Ha ha ha ha! Ha ha ha ha! Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha Okay, well, not that then. Whatever the, whatever. The EBG is just the general of chills. Yeah. I just feel, man, I can't wait to get some fucking sun in my life. Well, I think that might be... Not like a child, but like sun, sun's shown.

Because I was just waiting for you to be like, what about a daughter? No, that's something you would do. Yeah, I know. Uh, I think just going to New York is probably not the sunshine. Yeah, but who cares, I'm just thrilled. I'm like anxious in an excited way. Oh, this is gonna be the greatest week ever.

Yeah, it's gonna be pretty fantastic. Since last we saw each other. You and I? No. Oh, New York City. You and I. Oh, them and I. Uh huh. I got some huge news. So not only. Oh, oh. Them and I. Uh huh.

I got some huge news. So not only... Heed, what's the heed, news? I didn't say that. He did. Okay. I got some huge news. Uh huh.

Not only are we doing our live show. Mm hmm. I got Bruce Springsteen tickets for MSG baby. Saturday night. Wow. Floor seats. Man. God is good, baby. He provides, man. God is good baby, he provides. Yeah.

Damn. I'll tell you what, I made peace with not going. I said it's not gonna happen, MSG, two saw it after. All right. I don't care how many people you put the screws to, tell them I gotta get in there. Yeah. It's not happening, right?

The tickets came through. I didn't know how to process it because I made peace with not going, all right? Yeah, yeah. I felt sick for how to process it because I made peace with not going, right? Yeah, yeah. I felt sick for a second. Yeah, I'm sure. I said, oh, I can't go. I can't do it.

Yeah. This is a big deal for you. Oh, it's a huge deal. Congratulations. I don't know what I'm doing. I got no plans Saturday night. Oh, boy. I'll tell you, I'll tell you.

Well, the nice thing is, we could probably all go out after. I mean, it's a show for Boomer. So it's like, they're starting promptly at like 715. Yeah, yeah. It's gonna run for about three hours. See, I like that. I'll be out of, I mean, it's a show for Boomer. So it's like, they're starting promptly at like 7, 15. Yeah, yeah. It's gonna run for about three hours. See, I like that. I'll be out of there at like 10, 15. I like that.

You know, right, right when people my age are going out. Yeah. It'll be a nice, a nice double header for me. Oh man, I can't wait. I can't wait to just, yeah, suckle off of your energy, feed off of your energy. Check the disclaimer in the description box, see a little slit.

Let's see, what do we got? The credit card website is almost done. It's almost done. And we're still ping ponging maybe between a couple different, I'm very excited. I'm pretty excited. Yeah, but I have an idea for another one, and I can't remember what it is,

but I wrote it down and I don't think it's taken. And also. You wrote it down, folded it, put it in your wallet. And it's gonna show it to me at the airport. Ooh, okay. Ooh, a little sexy secret. Can't wait to bother you at the airport? No, dude, you can't bother me at the airport.

Why? Because I'm, I love the airport, and I'm happy to be- I'm gonna tell them you have a bomb. Ha ha ha. Then look, you'll be real bothered. Ha ha ha. Oh man, that's funny. If you still want to trade with me, trade at Treehouse.com, baby, I hit to be this guy, but we are damn killing it this week. We scored on Netflix, AI, what else, path, Oscar.

Oh man. Oh, I'll just get that out of the way Oscar got it the Oscar health company got a new CEO He used to run Etna I guess took it from like a I don't know 36 dollars a share to 186 and the market really liked it And I got lucky and I bought it and then the day after they announced it and it shot up like 60% so that was tight and then the day after they announced it and it shot up like 60% so that was tight. Let's see, we got no eight ball this Monday due to scheduling conflicts, conflicts. Fuck! See, I don't even say anything. You know people mess up sometimes, it's okay. Yeah, but it's fun to call out errors.

Is it? Yeah, like if I were a baseball commentator and get shortstop drop the ball and committed an error, I'd go, oops, that's an error! Better tell the statistician or something. Fuck I don't know Jesus Christ. I got airplanes in New York on the mind So what you can't talk I'm gonna be pointing out. Oh, that's a triple seven. You know how you can identify a triple seven. I'm gonna be air pods What yeah, yeah, no, no, I'm not gonna do that to you.pline. I'm gonna be AirPods. What? Yeah, yeah. No, no, no, I'm not gonna do that to you.

I will just silently be like, I wonder if that's an, oh yeah, no, that's an A330, yeah, for sure. I do AirPods with nothing in, so people don't talk to me. Yeah, I don't do AirPods because I'm not a schmuck. I have the, I have the, um, uh, cord. I'm still a cord life. Cable, whatever, what do you call it? You're going cord?

Yeah, always. I don't care. I'm less likely to get robbed at the airport. Why? Because AirPods, um, someone could just come up and just take them. Okay, apparently that's not a thing judging where everybody laughing, but... I'd like to see someone try that if you see me at LAX

Try to get my fucking airpods see what happens Mother fucker. I'll give it a shot. I'll be like I'm gonna go to the bathroom and come up hanging go got it I'm gonna put you on the ground security's gonna come you're gonna be like you said he's gonna No, but then I'm gonna say no he said he's got one. He's gonna do 9-11-2 I hope they don't do a second one a sequel Especially not while we're in New York the first one was so good don't ruin it with the season Or remake That's the problem everyone's got a remake everything. Yeah. Yeah. Yeah, we don't need another 9-11

They're gonna ruin it the world was never the same with nine 12 I was at the gym yesterday. And I saw this guy and he looked, you know, he had a baby face and I was like, this guy was born after nine-eleven. I just know it. Crazy. Anyway.

That was it? This is, yeah, this is it. Let's just hear you eat his egg. No, no, I'm good. Do I look tired? Like, you have like bags on your eyes? I do. No, I'm okay, I'm fine. Well, I am good. Do I look tired? Like do you have like bags on your eyes? I do. No, I'm talking on my own.

Well, I am lying. What does that mean? Because I've brought my bags. Oh, they're here. Yeah, they're here. Do I have bags? Yeah, always. No, you don't, you don't.

You know what it is? It's fucking coffee. Coffee does not do, it makes you, coffee does, coffee does this amazing thing where it makes you feel awake but look tired, it's fucked, don't do that. I don't touch this stuff. I wish I could just punch this, but then it would fly right into Luke, spill all over him.

God, I am jacked up on New York though. Yeah, me too. Let's get, we got a thick ass episode. How many seas? How many seas? I don't know, man. Fuckin' a lot. A distress bank's credit rating. That's how many seas. You didn't like triple sea or something. Alright, we're gonna jump right into TikTok. Oh, we're gonna skip to... Okay, we'll skip block, I guess. We'll go back to it.

Yeah, we'll go back to it. TikTok. So a lot of people were probably wondering... Wait, some people might not know what TikTok is. Go for it. You freak. It's a fucking, it's a fucking app, baby. Chinese owned. But last week when we were recording, the CEO of TikTok was, uh, Mr. Smith goes to Washington. If you know what I mean, yeah, she was each shoe. He was down in, he's down in DC. Yeah. Yeah, Shoozy Choo. He was down in DC. Yeah. Halled before Congress. Yep.

Getting his little Heine spanked. Yeah, he got his little butt in his little... I don't even know if I would... Just... No, he got it. He's the Heine spank. I know, but some of it, it's... But they felt like they were really given him a wallop and he was like, that's it.

So you want to know if it connects to Wi-Fi? Yeah. I mean, I think I understood the spirit of those kind of stupid questions, is they're trying to be, they're trying to say like, does it infiltrate? I don't know. Is it infiltrate a very good nose?

Yeah. But anyway, so he was, we didn't see all these insane clips till the next day. Yeah. When the show had already came out. And I have to say, I was a bit ingest, I was for the TikTok band. Yeah. Okay.

But that's my own personal beef with TikTok. Sure. I think it's rotting everyone's brains. I agree. And now that more stuff's come out, I'm not super stoked on this. I, with the idea of the ban. Well, yeah, with this bill they're putting forward, the restrict act.

It's a, it's always a monkeys paw with the American government. You know what I mean? You gotta be careful what you wish for. Right. Because it seems like now that people are looking through the bill, people are calling it a bit of a Patriot Act part two, really not even designed to ban TikTok, more designed to give the US government huge surveillance powers

of more American people on the internet. Wait a second. You're telling me that there's an ulterior motive here at play. The United States government really trying to slip it in and make it a surveillance thing? Yeah. No way. I don't believe you.

Believe it. No way. The American government would not do that. Are we talking about the same United States and America government? So now I have to fucking say don't ban TikTok. Or like, it's past the restrict act. So the restrict act, just snuck in, let me see if I'm understanding this.

They snuck in there, they clipped it on or whatever they call it. A stipulation or whatever that they can... They're making it seem like we're doing this. All we want to do is band TikTok, right? They hauled this guy down to Congress, talk about how dangerous it is, it's dangerous it is, how connected he is with the CCP,

ask him all of his connections with Beijing and how much they control it and what about that board seat they have where they get to decide certain things. And so they get to make a big show about how, you good? Yeah, just, my water was real slick. So they get to make a big show about, how we're doing this to protect Americans.

I know you kids love your TikTok, but you don't understand how dangerous it is. So it's a relinquishing day. Yeah, Dan Crenshaw said, you'll, you need a, you guys need to understand that this is for your own good. Right, I think he said data. You might be upset now, but one day you'll realize how, how much we're protecting you from

the Chinese government. Yeah. Uh, so they get to do that. And they're, and it all seems like this narrow little thing. We just want to ban TikTok. Mm-hmm. But the bill is quite broad. Uh, You put the thing in there about the punishment for using a, the potential punishment for using a VPN. That was me. Oh, okay. There's a potential fine that they,

the restrict act could impose $250,000 fines to any government officials who would use a VPN to skirt these regulations and access TikTok. Man, you don't just wait till you get home, man. Jesus Christ. Right, so people started pouring through the bill. Section 11, there's civil penalty for up to $250,000 for violating the Act. Presumably, if someone uses a VPN to access a ban TikTok, that would be a violation.

The U.S. may indeed be out-China-ing China. Ooh, snap. Oh man. There's also this Greg Price tweet. Can you click on that? Greg Price. Where? Which one? Oh sorry, that might be in my notes. Okay. Well, so it's just going to take a second. One of the one of the things though is yeah, they were drilling him and saying that the own the parent company, Bite Dance, their CEO, they were asking if the CEO of Bite Dance

is a member of the CCP and to which Chew was saying, yeah, no. I thought that it was interesting him pointing out how TikTok actually does more than any other social media company to protect children. Very recently. Sure, but I mean, it's still something.

They did it in anticipation of all this. Right. That's such bullshit. Oh, here's your great question. Yeah, so the build to ban TikTok is absolutely terrifying. It gives the government the ability to go after anyone. They deem as a national security risk at which point they can access everything from their computer to video games to their ring light.

This is a Patriot Act for the internet. And you may be too young to remember, but in the wake of 9-11, we were told, we needed a Patriot Act and it was for our protection. And we got this insanely broad thing that allows the government to infringe on your privacy at will basically. And now this is another, you know, jingoistic, sinophobic. What's part of are we looking at here? The first. Yeah, so he's talking about the so go back to the front. He's talking about the power

that this gives the government. This is section three addressing information and communication technology products and services that pose undue or unacceptable risks. So they will be able to take action to identify deterred, disrupt, prevent, prohibit, investigate or otherwise mitigate, including by negotiating, entering into or imposing and enforcing any mitigation measure to address any risk arising from any covered transaction by any person or with respect to any property subject to the jurisdiction of the United States that the secretary determines. Jesus. Yeah, it's the secretary of what?

Uh, secretary of commerce. Got it. Okay. And then as you go through, it's just they list everything desktop applications mobile applications gaming applications payment applications web-based applications information communications technology products slow down It's okay artificial intelligence and machine learning Yeah, wow software hardware. Yeah, so it's they make make it seem like this was, ah, we're just gonna get rid of TikTok, it's clearly a threat to us, but it's everything, software, hardware,

any other product or service integral to telecommunications products, wireless local area networks, mobile networks, satellite payload, satellite operations and control, cable access points. So they're saying that, and it just keeps going. And then at the end of all of these sections is just you know a catch-all for everything and Anything else we deem necessary? Yeah, Jesus Christ Yeah, wait scroll down if they find you in violation you can get jail for 20 years find a million dollars and seize your property

They can also deem any foreign government and adversary without informing they can also deem any foreign government and adversary without informing. They can also deem any foreign government and adversary without informing Congress and Everything they do is not subjected to FOIA. Oh my god. Yeah. Wait, what the fuck? It's weird a lot of people awesome a lot of people aren't talking about it Of course they're not because they're too busy making memes about the Congress woman being like, did you see this TikTok and then they put in whatever? Presumably, I don't know. The New York Times, Washington Post, someone would be covering this. The only mainstream out that I saw was Fox News, Fox News, Jesse Waters, which is, it is a three-minute clip, but

he's a cocksucker, right? He's like a piece of shit. Such a piece of shit. Yeah. But he, so he gets Lindsey Graham on to ask him about this because Lindsey Graham is listed as a sponsor of the spill. Oh great. So he's got the restrict act up here. He's got section two. A person who willfully commits willfully attempts to commit or willfully conspires commit or aides or bets in the commission of an unlawful act described in subjection. Shalp conviction be fined, not more than a million dollars.

All right, so what kind of aids or bets in the commission of an on, are they saying that if you use social media for anything illegal, I don't understand. I think it's anything they deem a national security threat, so it's extremely broad, right? It's just, they're just saying we want the power to do it.

We don't have to define our power what about ice we just have to stop ice us so let's watch what Lindsey Graham had to see let's try to get some answers out of the senator Lindsey Graham who supports this and is here now you got to be kidding me senator did you read this yeah I don't think I. You don't support this because you were named as one of the supporters, because this is garbage. Is this the one where there's two bills out there. One allows a review of businesses that are connected

to China, give the secretary the ability to protect our data. Is that the restrict act? We got six 86. You're the lawmaker, dude. That is the restricting. Right here. March 7th. And we got a bunch of Republicans supporting it because this thing is crazy town.

You don't want the government looking into your private phone. Yeah, we know. And they have a hundred years colluding with the Russians. We remember how that turned out. That's right. Yeah. Well, the Constitution trumps a statute. So let me come back and, you know, give you a better explanation.

Oh, very nice. Here's the problem as I see it. Right. So now he's going to go into the parking company. It's TikTok. China is the paracompanied TikTok. China is the paracompanied TikTok. I don't mind them using TikTok.

I just don't want the Chinese government to seize all their data and manipulate the information of American sees for political purposes. China is helping drug cartels in Mexico. China is not a friend. Chinese espionage is an all-time high against American business interests. So I want to push back against China, but within a constitutional framework, you're right about that. So you've made these allegations, and I'll come answer better next time.

I mean, because I'm a conversant of your listed as one of the co-sponsors of this thing. Maybe it's like Federman when your chief of staff does all your work for you. But Senator, you got to go back and talk to these other senators about this. This thing is nuts and it's going gonna get abused like it always does. So we gotta clean this up. Can we clean this up? It's open to us knowing your story. Just trying to figure out how you're a better explanation I'm giving you.

John Thunes got a bill to make sure the Secretary of Commerce can deal with us, not just TikTok, but the general idea that China, we're under attack by China. No, Jesus. Now, that's the fact. Chinese Communist Party is stealing American data, espionage against American businesses, is it all time? According to FBI, this is the number one challenge

they face. China is providing drug precursors to make fentanyl in Mexico that's killing Americans. So, yeah, I'm definitely going to push back against China being able to steer your data, but I want to do it in a constitution's killing Americans. So, yeah, I'm definitely gonna push back against China being able to steer your data, but I wanna do it in a constitutionally sound manner. So, the problem is real with China, but the solution can be more damaging

than the problem is sort of what you're telling me. You know, don't push back. That's what you're telling me. On the United States, citizens, yeah, no, I, I'm- For something China is doing, all right? I totally get that, and constitutionally, we can for something China is doing. All right. I totally, I totally get that and constitutionally, we can't do all the things you just said.

So is, is there a whole thing that, hey, there might be some bad actors in America. So we got to just give a blanket ability to spy on everybody to catch those people, kind of like the Patriot Act was. Yeah, exactly. They just want to expand their, so that's the thing. A lot of people are pointing to CPS C F I U S the committee on foreign investment in the United States They already have a lot of this power right and that's what

Tiktok was saying already you guys already have this power through the Secretary of Commerce right CPS is an Interagency committee authorized to review certain transactions involving foreign investment in the United States and certain real estate transactions by foreign persons in order to determine the effect of such transactions on the national security of the United States. Now they just want even broader power. So they're trying to push all this stuff through. What was the other thing I wanted to point out? And you know, they got me, someone who just thought it'd be funny if they banned TikTok.

Yeah, well, and I mean, she said that they're working with Oracle into to move all of He said he wants to get all data on American soil run by American in American business Oracle They're spending a a billion and a half dollars to do so But then this Anna as you said she doesn't believe anything that they've said or done. And then it's pissing off Beijing when we're saying that America might try to force a sale and Beijing is like strictly opposed to that. God damn it. Who would have thought that an app is stupid as TikTok could cause so many problems? I could, I could have seen that, you know, because, and then they're talking about, you know, the fucking life and death issues with challenges, TikTok challenges, like that girl, what was it?

You're the whole your breath challenge? Well, that's just, I mean, that's just, that's just kids being stupid. That's gonna happen. Remember the fucking knockout challenge when, yes, and that just just spread over Facebook, we weren't like we need to get rid of Facebook. Yeah. Oh man. So you ever made... I just want it to go because I think it's funny.

Yeah, it would be funny. It would be funny if they banned a whole app because that's never happened before. This you just banned them all. I mean, they, they, they keep talking about how TikTok now has 150 million American users. And they keep active users. And they keep talking about how TikTok now has 150 million American users. And they keep active users. And they keep talking about how, you know,

if you cut people off, if you cut America off, you're not allowing for American culture to proliferate around the world, right? But it's where they don't talk about how meta and Google and these things are cut off in China, right? They don't, they don't seem scared about Chinese culture being cut off from the rest of the world. Yeah And it's just the like Apple is also lobbying just speaking of American companies being out of China

They're trying to get India to hop on board with manufacturing Everything in India and moving away from China. And then meanwhile, Russians, this was totally glossed over too. Russians are being told like Russian diplomats and politicians and shit are being told to throw out their iPhones because of potential Western espionage. What are they gonna use?

Huawei? I don't know, I can whatever the hell they got, the Russian potato. They're gonna use potatoes. Everything's gonna be filmed in 180p. Also, I had no idea. I thought this was mostly an American thing. I had no idea that if you look at,

they have a map of all of the countries that have implemented bands or partial bands or temporary bands. India is one of them. On TikTok. Pretty much the entire West, at least has some kind of partial band on TikTok. Yeah. Pretty close to what

Americans have with the Government officials not being able to have it on their on their phones. Yeah, so that learns itself to something else that I wanted to talk about because there is something to be said about China Not being because they are adversarial to america and it's you know it's no secret but they are apparently way ahead of us in some pretty serious ways uh... so right now the pentagon trying to yes but um... so there's there's this big concern that the in the you that the u.s. defense industry

consolidation has led to uh stymied innovation. And there's just having just a few large companies that rely on government funding is fucking up innovation. I won't stand. Oh no. Slander against Lockheed Martin, Northrop Grumman, Northrop Grumman, Boeing. Okay, these are American companies. There's one more missing. Fuck, I can't think of it. But they apparently China's pulled ahead. There was this report put out by the Australian Strategic Policy Institute

that puts Chinese researchers ahead in 37 of 44 technologies across defense, space, robotics, energy, environment. Like what you call it, defense. Yeah, whoops, defense. You made a team like we're at a football club. Fuck, I know. The defenses. I was hoping you wouldn't catch that.

Fucking shit. Fuck, ass, fuck. Environment, biotech, AI, advanced materials, and quantum tech. They got hypersonic missiles that they're doing shit with. Cool. Advanced drones is pretty tight, honestly. And it says, quote, in the long term, Chinese leading research position means that it has set itself up to excel not just in current technological development in almost all sectors,

but in future technologies that don't yet exist. That's why we at Trayon Hermann said, always say the CCP is strong and we see you, G. Yeah, we favor, we favor. I love me. A fortune cookie. We can better be careful. I mean, as this cold war with we joke a lot. That's this cold war and with China ramps up. We're gonna end up in an amp. We're gonna be hauled down to Congress with the House of American House of Un-American Activities Commission. Yeah, fuck of. I like. And they're gonna be up on trial. The worst thing is to they haul people down.

Hey, wait, wait, keep going. They haul people down and they read things they said as jokes, but it's just some 75 year old senator going, we have right here that on November 11, 2021, you said the CCP is strong. I mean, we were just doing a bit for it. But they also are like the the it's in the data I have here on March 30th you said they also are it's in the data. Yeah. Oh, whoops. Fuck. I didn't just say that just now

No, it's austral I'm quoting the Australian man the Australian the ASP Australian strategic policy institute institute the ASP, Australian Strategic Policy Institute, Institute. But apparently in 2021, China filed over twice as many of the US's 1.58 million patents. That's cool. And overall, their research is becoming much more prominent and notable. But just because they make breakthroughs doesn't necessarily translate to manufacturing. That's what I always say about the defense industry, you know, well,

count them out. But we were all worried about Sputnik, you know? That's true. We said shit. The Russians got a satellite up there. Just one. And now we've got, just some rinky dink fucking.

And I'm pretty sure they sent a dog up there. Yeah, the dog died. Wait, was there a dog in Sputnik? No, no, I was in a monkey. I think they sent a dog later. Yeah, dog died. Yeah, of course. And then Kennedy had to come down and be like,

I wanna send someone up. Let's send a primate. I'm an. What, so yeah. Don't count us out. Yeah, but also, yeah, like I said, Brakesers don't necessarily translate to manufacturing because like they've been working on jet engines

for decades and they still rely mostly on foreign suppliers for it. So it's a bit of a sensationalist headline, but the point is, this is the big news. What's the big for all you budding entrepreneurs out there? The government is looking to spend a lot of money to spur some innovation in the old defense sector. They're spending $115 million to create a new Pentagon unit called the Office of Strategic Capital

designed to attract more venture capital money into military shit to try and get some fresh ideas outside of the traditional way. Because it's all like fucking bureaucratic red tape and shit now at Northrop and all these places where it takes, I mean, look at the, what was it? The F 35? It's cost them a trillion dollar. And it just crashes into mountains.

Yeah, it's like, get the fuck out of here. But, uh, where's they sold it like that? Yeah, I don't know, that fucking, it crashes into mountains. That's what you want it. You got bad guys in the mountains, right? Yeah. So we should actually, like if we so chose, we could, we could check this out, man.

I got an idea. We could absolutely use AI to create presentations. We could ask AI to come up with an inventive fantastical new military technology and Building an entire presentation around it with fake videos and fake images and all that shit And we could go raise like 20 million dollars and then just not fucking do anything and just be like oh Yeah, we had to collect our salaries and shit and just take money from and if you don't buy it We're gonna sell it to the Chinese yeah Yeah, yeah, that new fucking nanotech, uh, uh, I don't know,

dick sleeve that we invented for the military to keep your dick warm during space blind. Like that one? Yeah. Yeah, yeah, yeah. Oh, I can't, I should have thought more ahead of this. Well, sir, these are special boots that have a heel on them to make the soldiers talk. Or a robot girlfriend, so you can. Robot girlfriend, thank you. So you can send your soldiers out on long missions

and they don't go crazy, don't point at me. Distraction robots, big-titted distraction robots for the Chinese that come down and go, you, that's old pack, man. Austin Powers had that you That's old pack man. Austin powers had the the fembot. That's where American culture comes into save the day because nobody remembers old looney tunes type shit and that's where we can pull from the past that see the Chinese wouldn't expect that They be in there fucking things like looking around and then they see these titties come out, right? And it's you who I need help. And they're like, Oh my God. Johnson put the gun down or Wang. Well, you mixed up the the Chinese presentation with the our guy just went holy shit.

Well, I'm not going to do like a Chinese. don't know, speak Chinese. I can say being chilling, that means ice cream, man. We all know that. Thanks to John Cena. But anyway, you get these distracting AI titties or whatever. Yeah, we got it. Yeah, yeah. So that's what I'm trying to do.

I'm trying to raise money from the Chinese, or the American government, this new thing. But seriously, you, you, we will sell to the Chinese too if they are, if the, yeah, if the price is right. This episode is gonna end us, put us in a fucking gulag. Whatever, we'll just defect the China if we have to. Yeah, okay.

Yeah. They got everything over there. I mean, sure, Huawei is a fantastic phone. It's all I need. I need a lot more than that, but. Why don't we just defect? I can, but I don't want to. I mean, I don't want to go over there.

Well, let's see how we, well, we don't know what the future will be. Yeah, yeah, you never know. I mean, China's up and coming. Maybe we could have a successful life there. But, just saying, like if you're out there and you're one of these hustle culture dipshits or, I'm sorry, entrepreneur.

Yes, yeah. Come up with some, come up, why not? Come up with a fantastical idea. Make a presentation and try to milk the teeth of the government. I mean, if you don't think, if you don't think tech people are already after that, after that, I don't think so.

Dude, $115 million. Well, that's drop in the fucking book. Exactly. When it comes to American military spending. But that's just for there, that's just to open this office. That's then meant to attract more capital. By the way, did you know that the CIA had a venture capital arm? Called InQTel?

No. They had a venture capital arm. I don't know what happened to it. Wait, it turned into a leg. Yeah, it got cut off or something. We turned into a leg. We got it. It got cut off or something. It got blown off on a landmine. That they planted.

Anyway, yeah. I think that this... Oh, you know who started the defense company? Chippy, whatever. What's the guy's name? He's got a funny name. He started the And the Jesus Christ help me. I can't you you say these things you say do you know who and then you go the guy come on

Tell me chippy. He's got a funny name. He created the thing that Mark Zuckerberg bought the VR the headset the Oculus He created Oculus his name's like chippy. Okay, Chippy's got Oculus. Fuck, who gives a shit? He's got no, he started a defense company called Andrew Rill. And they make robot, and he's got the right idea because he knows that the money's just flowing in. That's always the kid. That has been the case for decades.

Yeah, but just it's consolidated among the big companies. So if you are... Right, so now they're trying to spread the wealth and they're like, look, Lockheed Martin is fucking slow. They're sclerotic and they don't know how this works anymore. We need innovation. And that I get, I mean, I know people who work for Lockheed Martin

and they talk about how it is, there are 10 different VPs in every division. One's talking about it. They're all, it's just everyone's collecting checks. Yeah, fucking it. Life is good at a big defense company in America. It's sold a couple of missiles today, baby. Yeah.

Patriot missiles. Yeah, Raytheon, that was the other one I was getting. Raytheon? Yeah, yeah, yeah. But yeah, all those companies are set up... Set up in that way. Got it. And now there's gonna be...

Too much. Too much. What else we got below this? Do you wanna do block before? Yeah, I don't know. Should we just do crypto corner? I don't know. Do you wanna ditch it now?

I don't know. Jesus fucking Christ. This part pretty funny. We haven't done crypto corn in forever. So, might as well just... BEEP! BEEP! BEEP! BEEP! So, the commodity futures trading commission,

also known as the CFTC, has a lawsuit against Binance, because they're, they're scurting rules and they've got some problematic business practices. They said that they were taking a quote calculated phased approach to increase their US presence and violated US laws that require futures contracts and other derivatives to be traded on regulated platforms. So they're saying that Binance was like I give a little bit of background on just in case people don't remember Binance was like, I give a little bit of background on just in case, people don't remember Binance was in the news

when the whole FTX was happening. This was the person, this was the organization who wanted to buy out FTX and then backed out. They are the biggest crypto platform. I think they dwarf FTX, even at FTX is height by quite a bit. And they, I wasn't CZ, the head of Binance, the one who first brought the attention to the bookkeeping at FTX.

I believe so. Right, so this is like the number one crypto platform, the number one player in crypto right now, right? And they were encouraging US customers to use VPNs to appear that they were operating outside the US, which is such a fucking It fought like blatant violation. I don't know how they were doing it. I don't know what communicate where they send an out email So at first it was and the best part is when all these happen, they get all the messages and they get to post all these messages where they just, the internal communication.

The internal communications where these companies, the employees, they're just laughing at you. And they're laughing at government regulators and they're saying, everyone's a fucking idiot and we'll just have them do this. But so what they figured out was that you could use a VPN to get around these regulations. So it looked like you were trading derivatives somewhere else. And first I believe it was on their website. They had a guide on how to do it.

And then they were like, and this might look like we're encouraging people to skirt these regulations. And then they had third parties doing it. So they were basically affiliated with Binance, but they would just have them post the information. So, oh, it's pretty easy to find out how to do it right here. Right.

And they have all these messages from people. It's very good. They also have people just talking about how people are openly using it for crime, fraud, all these things. There's a funny one. Internally, Binance officers, employees, and agents have acknowledged that the Binance platform has facilitated potentially illegal activities.

The CFTC's complaint read citing the example of a conversation between former chief compliance officer Samuel Lim and another colleague in February 2019 about a transaction with Hamas, a militant group. Lim reportedly told the colleague that terrorists typically send small sums because large sums constitute money laundering. The colleague responded, they can barely buy an AK-47 with $600. So, okay. Quite fun. They also, I mean, they had, they have messages of their,

they were supposed to have a money laundering prevention officer. And they were like, obviously, I mean, you've seen, it's all the same shit with FTX, where these companies don't do any of the compliance they're supposed to do. And then regulators come by and they're just like,

I don't know. And so they just like slapped, they just slapped a label on some guy. They're like, you're a money-on during prevention officer and they're just blatantly going, can I get some manager to sign off on this? Yeah, well, so Paxos, the firm that issues the issued, the Binance stablecoin, which confuses me,

I don't understand why Binance couldn't just issue their own stablecoin, but I don't know why there's, it needs to be a third party, but. They, Paxos asked them for a compliance audit, asked Binance to do a compliance audit in October 2020, and Binance purposely do a compliance audit in October 2020. And Binance purposely engaged a compliance auditor that would quote, just do a half-assed individual sub-audit on geofencing to buy us more time. This is from their, um, their internal communications.

Uh, so, uh, the guy who is the chief, uh, something Lim, the person, the person who held the title of Money Laundering Reporting Officer. Oh, reporting officer, sorry, I said that I mentioned officer, my mistake. Said that she needed to quote, write a fake annual MLRO report to Binance Board of Directors WTF. Really beautiful. So then Lim, what the fuck? Lim, the guy in charge of her, said, yeah, it's fine. of directors WTF. So then limb. What the fuck?

Lim, the guy in charge of her, said, yeah, it's fine. I can get management to sign off on the fake report. And then around the same time as the referenced half-assed compliance audit came in, the MLRO exclaimed to Lim in a chat in all caps, I has no confidence in our geofencing. In reference to the old Ican has cheeseburger meme. It is funny that just, you know. Yeah, it's always funny to me that crypto was, the spirit of crypto was supposed to be, yeah, just techno libertarianism and and

being able to trust these proof of stake, proof of whatever blockchain shit and then they're just wildly corrupt and have no regard for any kind of rules or regulations. wildly Corrupt and have no regard for any kind of rules or regulations and I guess now we see why because they're greedy and lack any kind of moral compass. I don't even know if I just think they don't or they're in that fucking care Yeah, yeah, there's that too It's a bunch of really smart people going like look how much money we can make if we do this. Yeah, they literally I mean there I still don't understand just like issuing coins and just printing money

out of thin air. I mean, only the government can do that. It's been very funny for me because when we started this, I was pretty dismissive of crypto. I was like, it's all a scam, it's stupid, whatever. And admitted as much when we started the show, and we would talk about it and make fun of it. And there were a lot of comments.

And I mean, that was when things were still pretty good for crypto. And there was a lot of comments like, you know, I can't believe these guys won't even take it seriously, but unless I was like, all right, I guess I do, if we're going to do this, I owe it to myself to at least. And the other people too, look into this. And the more we looked into it, the more I was like, oh no, this is such bullshit. It's all fucking scams. And then it all just started coming down. And you're seeing the, the US government seems,

in the wake of the FTX collapse, the US government seems pretty emboldened to keep taking actions like this and go after these companies who have blatant disregard for regulations. And I mean, you also have to understand, they've been trying to figure out whether or not to classify these as securities or not. And if that would trigger regulations from SEC and all these compliance things, and it's been for so long, they've allowed this stuff to go on.

I mean, just complete securities fraud. When you're talking about, you know, any of those People who we deem legit mr. Wonderful who you know taking Taking what are they called initial coin offerings at these lower rates and then just as soon as they go because they're gonna Fucking plummet they just sell them off make a huge make a huge profit on all that shit What what was this with SBF getting? I didn't see this $40 million Chinese bribe. Just another charge. He was a okay.

No, it's that's tack him on who cares. Right. I mean, it was fucking and that's the thing too. It's not just so a big part of FTX is a big part of like all the revelations about FTX was him trying to curry favor with all these politicians, all these heads of state and It's not just him all of these You know by Nancy had the same thing they were trying to Curry favor with Regulators even I got to find it because they reached out to fucking Gary so in 28 and 2019

Binance staff approached Gary Gensler, the former commodity futures trading commission chair and now SEC chair to become an advisor. Mr. Gensler, then teaching at MIT, was likely back, was likely back in a regulator seat if Dems win the 2020 election. Okay. Did he say yes? No. Yeah, because now what's he doing? Is that of the SEC? I know. Yeah. See if you knew. Yeah, because now what's he doing? Is that a DSEC? I know, yeah. See if you knew.

What? Uh-huh. So I winked at you. But yeah, so they were looking, they also wanted to get close to Jin Chao. Or no, in mid 2019, Jin Chao, the Binance's Chief Strategy Officer learned that a high school friend,

Siegel Mendelker, overselled the US Treasury's office of foreign assets control. He flagged this in a group chat and noted that he might be able to bump into her at a school reunion in that fall. So, Jesus Christ. They were all in on the, fraud.

Well, just, what could speaking of fraud? It's black. Wow. I thought you were talking about that. Just well, could speaking of fraud Block Wow There we go so Hindenburg which is a famous short selling group Put out they they were the ones who took out a donny group and like a halved their evaluation a few weeks back

They put out a pretty damning report on block, also known as Square, the parent company of CashApp. And CashApp was a big part of their accusation to run fully. So block actually dropped 15% after they said that the company facilitates fraud. They said that, yeah, they avoid regulation, mislead shareholders with inflated metrics, and the investigation focus primarily on cash app. Which is what I found, because who is this news to? Isn't cash app the one that you use to defraud people? Well, because every time I try to buy a ticket on Instagram or whatever, every time I respond to like got tickets

If you need one he's like oh King would you mind using cash app? I'm like now dude. Yeah, it's gotta be gotta be then more favor Well, because that's part of the issue is that block block says that they have 51 million active users of cash app monthly But Hindenburg is saying Through multiple interviews with former employees, 40 to 75% of those accounts are either fake, involved in crime, are multiple accounts tied to single users or some combination of the three. They also say that the company just totally disregards warning signs of criminal activity and fails to uphold basic security. I have the app because I downloaded it.

I was about to send money over. And then I remember going, what, why are you banned from Venmo? That's funny. But to me, it's not surprising because of Jack Dorsey's like techno libertarianism views on total like deregulated everything and are not deregulated, but decentralized everything and him loving Bitcoin and crypto.

And it just seems aligned with his overall belief system. If you get scammed, sorry. Yeah, it was just like, well, scammers, scammers got to eat too, I guess. But it's funny because one aspect of Hindenburg's report was a compilation video of rappers singing about how they use cash app to pay for drugs, sex workers and even assassins. I mean, dude, I was listening to a podcast where they had cash app as a sponsor

and they were literally joking about like, if you wanna keep it- Hey for an assassin. If you wanna keep it discrete, you know, if you want to keep it... Hey, for an assassin. If you want to keep it discrete, you know, you want to sell drugs, and I'm like, that's wild, but they just let them... Yeah. Did, there was some rapper called Nuke Bizzle.

Oh, dude, Nuke Bizzle. Yeah, he did a video about how to commit unemployment fraud when he was arrested. Apparently, $85,000 worth of 1.2 million dollars of funds that were recovered was transferred via cash app. And then there was this this this nonprofit that fights force prostitution called Polaris project says that cash app is one of the top facilitators of sex trafficking, including trafficking of minors in the US, which is backed up by multiple indictments from the DOJ.

Like it's... Okay, that one's a strong case here. That one's bad. And when the... Honestly, I'm fine with the selling drugs. Yeah, because you got it. I mean, cash can be used to sell drugs, too. Assassin's, that's kind of cool.

Yeah, that's kind of cool, actually. And then when the DEA arrested 60 gang members in San Francisco in 2021, prosecutors found that the Cinaloa cartel handled much of its payments for fentanyl and meth through cash app. Jesus, F and H, Christ. They got a rocks.

It kind of rocks. Well, it's a naughty company and you can participate. Venmo got a little presumptuous. They started being like, hey, give us all your information because we're going to send you a tax return. It's like, whoa, whoa, pal. What are you doing here? Hey, you type in something.

We're going to change it to an emoji automatically, isn't that cute? No, man, I'm trying to buy an assassin. Right. They change it to an ninja emoji. I'm trying to buy someone to kill fucking my cousin or my parents or something. They are on it now, Venmo. I remember for anything, it's like,

I remember someone wanted to do a March madness bracket and they were like, everyone's gambling. Everyone's money went back and they were like, okay, rescind it and say it was for dinner or whatever because, yeah, basketball dinner it and say it was for dinner or whatever because Yeah, basketball dinner, right college basketball dinner. I guess we should just fucking move it off to a cash app and just say This is for fully gambling This is fully for gambling it cash apps like cool. Do you want to like hire an assassin while you're here? This is totally fine. By the way, I went on a date with the girl a week ago

Thank you. Who, one of her roommates, she lived in San Francisco. That's okay. No. What you are not going to predict you're not going to get it. Telling math and just know. Just let me get to it because you're not going to get it. She lived in a big house in San Francisco when she was in college.

I was going to say that. Would you let me fucking finish? Now I know what it's like to be you. Actually, no, I let you finish. I've gotten very good at it. Just you finish now. Now you want me to, oh, you want me to finish? Suddenly, everybody's unpinsed.

All right, so she lived in this big house when she went to college in San Francisco and she had like five roommates, including this one weirdo who just kind of worked from home and seemed to have a lot of money and he was really cool. He was the Silk Road guy. She comes home from a school one day and there's tons of FBI and cops at her house and she's like, what the fuck is going on?

And one of her roommates goes, yeah, they arrested, what's his name? The guy who's in jail. I can't even fucking do it. Can you Google silk road silk road guy? Didn't you go by like black bear? No, no like the actual yeah. Oh Ross Ross. All brick. Oh, Bert was her fucking roommate kind of a hot dude and the one picture I don't like the other ones. Okay She said he was like a weird quiet nerd and just kind of, you know, he's are. And she was, she kept writing to him while he was in prison for a little bit, but then kind of fell off. Yeah. Like handwritten letters. I don't know. E-mails, whatever the fuck you do, dude. Listen, I don't know. We didn't get that far. But, uh, yeah,

it's pretty fascinating shit. What did I have to do with cash up? Well, because cash up facilitates crime and Silk Road famously facilitated so much crime. I don't even think cash up existed. Yeah, it probably didn't. Anyway, so- We're gonna strike that story from the record. No, no, let's leave it because nobody's gonna be able to figure out who that is anyway. You can't Google Ross O'Brick roommates 2000 for whatever fucking year it was. No, no, that's leave it because nobody's gonna be able to figure out who that is anyway You can't google like Rose Ross Olberg roommates 2000 for whatever fucking year it was. No, that's not the problem. Oh, what's the problem? Was it a relative? Come on. Give me more than that. Come on. All right, let's see what else we got. What's your favorite app to commit crime?

Twitter Every post I make it. Oh, I actually think I figured out a turning thing. I want to know by you. Oh, okay We'll save it for later. Let's jump into some fucking Let's see do we want to do AI? Yeah, why not cuz you know I was thinking about it And there's actually there are some cool aspects to AI feel feel a little bit like a luddite From the last episode where I was like Scary cuz it is but it's also they said the same thing about the fucking loom when they invented the loom and all the people who were hand sewing

were like, this is gunna ruin everything. They're, all the sewing people are gonna be out of a job. It's funny you picked the loom, which the Luddites famously destroyed because it was putting them out of jobs. That's what I'm saying. Like, we, I don't want to be one of the Luddites. And, but it's not. Also also the Luddites are misunderstood. There's a great essay on it.

And what they wanted was fair compensation for the productivity. They weren't like, we're afraid of technology. They were also afraid of technology. What they want was for workers to be brought into the fold when these technological advances were looming. Stop swallowing into the mic. No, shut the fuck up. You gotta just pull it away. My man, you burp into the fucking mic every time. I don't every time. You do. I'm just saying for the audio listener, it's so easy.

Just rip it away. Plus it's in my ear. If you can get through without burping for like a couple of times. I've gone through this whole episode. Swallow it. And if yeah, it's swallow it. It's gross. It's right up in there. It's right up in there.

Shut up. I don't want to do this. I'm so sick of you. So yeah, I feel a little bit like a Luddite, but I'm not going to go destroy a fucking super computer or will I? I'm not really sure yet, depending on how powerful they get. And then a bunch of these nerds put together an agreement, which one was it?

Calling for a six month pause of out of control AI development? Elon Musk signed it, but didn't, they like put his name on it first, and then he said, yeah, you know what? Okay, I want to be a part of this Steve Wozniak is on it Whoever yo yo Yasuo Benjiyo some Turing Award winner guy They're calling for an immediate pause of the training of AI systems that are more powerful powerful than GPT-4 for at least six months Which I think is a great idea, because at this point, it's so fucking like slow down, because we don't know

where it's going to go, and that's their whole point. Pretty good, yeah. The letter argued that while this wave of innovation continues, there is a distinct lack of corporate and regulatory safeguards currently in place to moderate generative AI development, which poses significant risks to society, which kind of reminds me of when streaming and shit first came around in 2008 and what they're dealing with now, which we mentioned last time, with the riders' guild and't, they didn't foresee anything so they didn't put any kind of parameters in place to protect writers.

And this seems like a kind of important thing also because it's just unchecked. There's no, we need some fucking regulatory safeguards, man. Don't do this to me. Just, just come on, just come on come back like real just come back. It's safe It's not that big a deal. It's never safe with you. Yes, it is. It's always safe Because then I immediately go home sorry and you know here we are I have to pee so fucking bad too Okay, what else what else did we have let's get the rapid fire sheet out of the way. Also, to your point about AI actually being cool, I don't know if that's a,

I think that's kind of the thing we were talking about though with that you have to worry about people's creative job kind of going away, because now it's just very easy to imagine or have some machine to imagine. This is true. An iteration of whatever you want. But what's cool is the machines are so fucking good at it.

Like here's the one I want to do. No, I don't agree that it's cool. Yes. So the makeup, you know what's freaking me out is now I can't, I was looking through someone's Instagram the other night and it felt like all of the images were AI. Just they were just kind of something about them was off. And I just no they weren't because they were years old. But here they don't post a lot so it was just a couple years ago. What poor women were you? No, shut up. Scrawl up just a bit the director one. Yeah, the movie director's imagined.

So this person put it, it's a friend of the podcast, Kyla Scanlan actually tweeted just the other night that it's interesting watching human creativity and like using AI in cool ways. So this one is 10 iconic directors shoot the World Cup. So this first one is Wes Anderson. And it looks like a fucking real still

from a Wes Anderson movie. And then let's keep going, what else? You got Ridley Scott. For the audio listener, you're just gonna have to fucking suck it up because we're looking at computer images here. Sophia Coppola, I don't really know that one, but Kira Kurosawa, Michael Bay, that ball's gonna explode. That ball's gonna explode. He's all muddy, spiky.

They nailed spiky. Look at this shit with the camera from what movie would that be from? Do the right thing. I think. Alfred Hitchcock, it's fantastic. It's not even the things with the fingers and shit aren't even, they look like full on real people. Quentin Tarantino, other all bloody fingers, because that is the, yeah, scroll up. Someone did a, look at the ones on the black and white guys right here. Let me see, zoom in on the top. Totally fine. I don't know if I'd get told. They're told. Those aren't pretty good fists, but it's funny because when the Pope thing, Look at the look at the ones on the black and white guys right here. Let me see zoom in on totally fine

Pretty good fist, but it's funny because when the pope thing the pope thing tricked me Because that left that one on the left. It's motion blur The pope the pope image tricked me the dripped out Pope Yeah, but then so people were making jokes and doing the Pope at other things and they did the Pope the Pope in the pit at the turnstile show and It was very good, but the hands and we're all fucked Yeah, I saw that but I at first when I saw the Pope in the in the big puffy white jacket I thought that it was fake But then because everybody else was treating it as though it were real, I thought, well, I guess I'm wrong. Cause everybody got, I wonder if it'll make for an interesting presidential election,

you know, just images of Ron de Sanctimonia's getting plowed by some dude or, work, I mean, we still, that's, I wonder if that's why they are saying, hold off on innovation for six months, because yeah, we've got an election coming up. There's going to be all sorts of shit. Can you imagine how far it's gonna look how far mid-journey has come in just like six months, man. It looks photorealistic. This Stanley Kubrick one.

Fuck. It's incredible. Yeah, last year at this time people were posting their pictures of, they would go like, Kamala Harris at a carnival. And it would just give you four images that were very shitty, but funny. Yeah, yeah.

And that was the whole joke. Yeah, but so anyway, I just, I think that there's, my opinion on this is gonna be constantly changing because it's still so cool. I think you can think something is cool, but still be a little bit worried about what, you know, not to be all Uncle Ben about it, but... What, Uncle Ben about it? Isn't that his name? Spider-Man's Uncle?

Yeah. Oh, with great power, it comes great responsibility. Yeah, but then look what happened to him. He got fucking killed. Not saying he had it coming, but he should have just gotten out of the way. Someone's trying to steal your car. Don't put up a fight. Anywhere dying over Uncle Ben. Dip shit.

Ha, well, that about wraps it up. We also, I mean, here's one final thing, I guess. Signature bank started trading again. I was able to finally sell my puts and this one fucking trader, no, I don't know who it's this anonymous person, but a bunch of, uh, bought a little over a million dollars worth of the April 80 strike puts for $2.47 and then sold them for $79.80 netting them over $30 million.

F$$$ from that one single fucking trade. Which it was me, but it's not and it wasn't and it never will be or maybe it will who knows You just gotta keep going and Maybe we'll do the Uber Eats cracking down on virtual shit in the after hours. Well, we'll see in New York Bye This week on after hours Bye. This week on After Hours. Picture a piece of shit with a white guy's face on it

and then get some diarrhea and pour the diarrhea on the piece of shit. And that's this guy. See that? That's a special little hole for your penis. Sometimes your penis falls out and then it's cohabitating with your balls and you're like, this shouldn't be. Did you pop that top off?

What do you mean, like, take off my shirt? You look cut. Mom, does this look gone to you, you fucking bitch? That's crazy. Sign up on TMG Studios.tv to watch the full bonus episode. Ha ha ha ha ha ha ha!