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Stopping by. This is a great time. Great to catch up. Appreciate you guys keep up the great work. Thank you. You too. We'll talk to you soon. Talk soon. Speaking of Palmer, massive news out of Anduril today. Jen Bucci shares fit check and shows an insane design for an augmented reality virtual reality. Is this a real picture of Warfighter? I believe it is. Wow. Reggie James comments. He says, I for one love that national defense and intelligence are just founders fund incubation projects. Anduril had the full story. They said super powers for superheroes. Today they are unveiling Eagle Eye, the family of warfighter augments that place mission, command and AI directly into the operator's helmet. Very cool. The lineage of this program is wild. Microsoft is working on it for a while. Anduril got the contract, but still have a lot. Did they do full page print ad in the Journal? Would they or did they? They already did. They did. Fantastic. Pull it up. And Garcia Capital says this isn't a Call of Duty screenshot. This is Anduril's Eagle Eye. Palmer's been on record saying that he thinks that the warfighter will be adopting virtual reality headsets or AR headsets before the consumer because weight cost and you can just mandate, hey, you got to wear this thing to do your job well. And you can say we're going to spend $50,000 on each headset versus Meta being in a position where they need to headset for like 300 bucks. 300 so they can sell for 800 or they're probably losing money. I don't know. Yep, yep. So the willingness to pay to save a life on the battlefield is way higher than watch a movie or play a game. Yeah. What do you think of the new headset, Tyler? They're so sick. They're. So how do we, I mean, how. Do we get one? We got to get one of these. How do we get a demo? I'm looking through like they've posted some other images of what it looks like and it's like, it just looks like Call of Duty. Like there's a mini map and then when you have a gun, it shows like, like where it's like aiming at. That's crazy. It's sick. It's really like, yeah. Call of Duty Infinite Warfare is now here. Very excited to see more demos of this as it rolls out. Congratulations to the entire Anduril team on the progress. Yeah, the lineage there is fascinating. And I always had this thesis that Palmer and Anduril was like the perfect company to do this project. Originally called ivas. And IVAS was kind of languishing within Microsoft for a number of years. And it made sense that Palmer has. The they getting like a paid like a billion dollars a year. It was some massive contract that was getting. Yeah, yeah, I think it was like a ten something billion dollar product or project or scope of work. But I don't know how much they'd actually drawn down on that because I don't know how much they'd actually delivered against the contract. There was still a lot of value to be paid if you could deliver. But Microsoft I think wasn't quite delivering. And so Anduril bought the contract or acquired the contract or merge the contract in and then now is running at it much harder. And I mean it seems like a really, really solid progress, which is exciting. So if you go over and you get a Chromatic, you're going to have to pay sales tax. The Chromatic.

Tie the knot. Isn't that what they say? Crazy article in The Guardian about PT's lecture series. Yeah, some absolutely insane lines. Some wild hot takes causing crash outs. Yes, it's very entertaining. We had to feature this post from Jacob Rintamaki. I don't know if you want to go through it and try to. So Jacob says Teal being a One Piece otaku, honestly doesn't even. Honestly isn't even in the top 10 weirdest things to happen year. And it's quote from the. The Guardian scoop of the. The leaked lecture series that Peter Thiel has been putting on in San Francisco. It says Teal later finds biblical meaning in the manga One Piece discussing how he believes it represents a future where an Antichrist, like One World Government, has repressed science. He believes that the hero Monkey D. Luffy represents a Christlike figure. In One Piece, you are set in a fantasy world again, so sort of an alternate earth. But it's 800 years into the reign of this one world state, which as the story unfolds, gradually gets darker and darker. You sort of realize, in my interpretation, who runs the world. And it's something like the Antichrist. And so he's digging into One Piece. Tyler, have you watched or read any One Piece? I've watched a little bit of it. So the thing about One Piece is at least episodes, there's like 1500. Yeah, there's like over. Take you months to watch. Yeah, but I mean, so he's already written about One Piece. Like it was like two weeks ago. There was some new essay he wrote. Well, I think that's like in. In conjunction, like, I think the timeline like lines up such that he was writing about it but then also lecturing about it. And so they kind of like leaked, but then also had written about that. But yeah, in the piece he pulls examples from all over the place. Yeah. So he's. Yeah, he's comparing One Piece to Watchmen. Yeah. In this, which is like another comic, I think it's Alan Moore. Yep. Who is like related to Gordon Moore, creator of Moore's Law. We got to get to the bottom of that. Who knows? You know, the Jungle Gym and the Transformer came from the same place, but it's. I think there's a few things going on here. Like putting your. If you have a. If you have like a very like esoteric philosophy or like, you know, thought experiment or idea that you want to like discuss with the world. Putting it terms that lots of people can understand is with a metaphor or an analogy. Is just a time honored way to disseminate information. You're trying to explain things, you want to explain them in terms that a lot of people can know, a lot of people can understand. Yeah. You also can try to dissect the deeper meaning in a story. And it's possible that the original author had something bigger in mind. Writing a story that looks a little bit more simple. Yeah, I mean One Piece, I think it has like millions and millions, hundreds of millions of like fans or sales. I think the One Piece Reddit is bigger than the Star wars Reddit, just to kind of put it in context. But One Piece has always been very anti authoritarian. I was digging around cause I've never seen the show and I wanted to know more about it. And apparently one of the key icons from the One Piece show is this cartoon pirate flag. And the cartoon pirate flag has for years been used. It's been carried at protests all over the world against the local leader. Like being too authoritarian basically. And so it's just been the type of flag like you. If you go to, you know, some sort of protest, you might see a variety of flags. But the One Piece flag is pretty. Is pretty iconic and so it does feel odd in this particular context. But it's actually been. One Piece has been used as like a protest vehicle for years. I don't know, maybe I'll have to check it out. The only anime I've ever watched is Akira. That's the only real one. Have you ever watched any cartoons at all? I do think it would be interesting to analyze the Antichrist and this idea of the one World Government through the lens of something you are familiar with, like Borat. Like you could put it in terms that you could understand if Thiel really wants to break through to someone like you. Yeah, I think One Piece is a little bit. It's a little bit too niche, too heady, too complicated for guys like us. So I would love to see him break. Put it in Borat terms. Yeah, in Borat or you know, King of the Hill would be a good. Would be a good analogy that, you know, I could kind of understand. Maybe Futurama, Simpsons, Family Guy, stuff like that would probably make it resonate with me a little bit more than a thousand episodes of an anime that I'm never going to be able to watch. But still people are having fun with it. They putting you in the truth zone, John. They're saying cartoons are not an. Yes, I know that it's very offensive to call one piece of cartoon. They will call you Yeah, I know that much. The whole Guardian expose on the off the record lectures, really, I mean, it just is like an example of one, it's tough to do an off the record talk that you're saying things that require a certain amount of context that then just get blasted out across the entire Internet. And two, I can see how the average Guardian viewer is reading this being like, okay, this guy's definitely, definitely the anti. So anyways, it's, yeah, also complicated conversation. It was very clear that not only the core content leaked, but also the Q and A. And so there are all these questions where people were clearly throwing questions like, what do you think about Mr. Beast? And then the Guardian would just be like, he commented on Mr. Beast. So of course the reading in this context is like he equated the two. It's like, well, not necessarily. There were lots of examples of him being like, this person's not the Antichrist for whatever reason. But you never want your name appearing in the same sentence as Antichrist. Generally, I think you don't even want to be in the same paragraph ideally. And so, yeah, it was a rough go, but certainly seems interesting. I'm excited for the content to continue to get workshopped and trickled out. I'm sure at some point. I mean, it feels like takeaway right now. Yeah, the takeaway is we haven't found the guy yet. Keep looking, keep having these conversations. This is a good post to close out on. Sora says if you held the McChicken for the past five years.

Autopilot spend less than five minutes per month on sales tax compliance. More news on rare Earths. Elad Gill, who came on the show. Narrative violation. Oh, yeah, Abundant Earths. Abundant Earths is quoting Ben Thompson. He says the US Deficiency in rare earths isn't a matter of needing to catch up to technological excellence. It's needing to simply have the will, incentives and regulatory regime to do what we already did before tldr. They are not rare. We just chose not to make them. In the the United States of America. The NRC of old hurt multiple aspects of U.S. resilience in both energy and manufacturing. Hopefully the current NRC can help change things for the better. Now, the steel man for not making rare earths in America is. And I think we now realize that it was a mistake. But I do think it's important to understand the rationale behind not doing mining in America. Like, it is dirty, it is gross. Like, if you have a mine upstream for you, there's probably going to be some pollution. If you're worried about microplastics, you're also probably worried about molybdenum in your forever chemicals in your tap water, forever chemicals, all these different things. It is a very rough job. You know, the famous, like coal miner gets black lung. Like, there was a. There was a reasonable rationale for not doing this all over the United States. But the true answer was all was always more technology. It wasn't, hey, mining is dirty. Let's not do dirty mining. It was like, let's figure out how to actually clean it. Like, there is a way to. It might be a little bit less economical, but there is a way to put a mine somewhere and have the chemicals contained and not destroy the environment. And that always should be the answer. Just like with nuclear power plants. Design one that doesn't blow up. That's the answer. The answer is not no more nuclear power plants. It's design one that's safe. And so hopefully we can get there and hopefully we can reassure it. There are a couple of companies that are working on it. MP Materials, I think is one. There's a few others that are, you know, working on rare earth manufacturing and processing. Yeah, the challenge is trying to massively increase production, you know, production capacity while making the process much cleaner. Yes. You kind of need to choose one. Typically. Yes. There is a third option, though. The third option is to recycle the materials that we have. So there's a. There's a public company and then there's Redwood Materials, which was founded by J.B. straubel, who was, I believe, co founder or at least on the board of Tesla for a number of years. And his whole pitch is there's, there's already, we already have a ton of rare earths. They're just locked in depreciated electric cars. Let's rip them up, reprocess them, and then recycle them, because the actual matter is conserved even after the battery is no longer useful. And so you can separate all those out and then, and then reintroduce them into the supply chain. And so Redwood materials has been on that, on that track for a number of years and hopefully is doing well because it's more, more important than ever. What else do you want to go through in the timeline while you Pegasus. Says OpenAI starting to get.

Lecture Series. Yeah, some absolutely insane lines. Some wild hot takes causing crash outs. Yes, it's very entertaining. We had to feature this post from Jacob Rintamaki. I don't know if you want to go through it and try to. So Jacob says Teal being a One Piece otaku honestly doesn't even. Honestly isn't even in the top 10 weirdest things to happen this year. And it's quote from the the Guardian scoop of the leaked Lecture series that Peter Thiel has been putting on in San Francisco. It says Thiel later finds biblical meaning in the manga One Piece discussing how he believes it represents a future where an Antichrist, like One World Government has repressed science. He believes that the hero Monkey D. Luffy represents a Christ like figure. In One Piece you are set in a fantasy world again, sort of an alternate earth. But it's 800 years into the reign of this one world state, which as the story unfolds, gradually gets darker and darker. You sort of realize in my interpretation, who runs the world? And it's something like the Antichrist. And so he's digging into One Piece. Tyler, have you watched or read any One Piece? I've watched a little bit of it. So the thing about One Piece is at least episodes, there's like a thousand. Hundred. Yeah, there's like over a thousand. It'll take you months to watch. Yeah, but I mean, so he's already written about One Piece. Like it was like two weeks ago. There was some new essay he wrote. Well, I think that's like in. In conjunction, like. I think the timeline like lines up such that he was writing about it but then also lecturing about it. So they kind of like leaked. But then also had written about that. But yeah, in the piece he pulls examples from all over the place. Yeah, so he's comparing. Yeah, he's comparing One Piece to Watchmen. In this, which is like another comic. I think it's Alan Moore who is like. Is he related to Gordon Moore, creator of Moore's Law? We gotta get to the bottom of that. Who knows? You know, the Jungle Gym and the Transformer came from the same place. But I think there's a few things going on here. Like putting your. If you have like a very like esoteric philosophy or like, you know, thought experiment or idea that you want to like discuss with the world. Putting it in terms that lots of people can understand is with. With a. With a metaphor or an analogy is just a time honored way to disseminate information. You know, you're trying to explain things. You want to explain them in terms that a lot of people can know. A lot of people can. Yeah. You also can try to dissect the deeper meaning in a story. And it's possible that the original author had something bigger in mind. Writing a story that looks a little bit more simple. Yeah, I mean, One Piece, I think it has like millions and millions, hundreds of millions of like, fans or sales. I think the, the One Piece Reddit is bigger than the Star Wars Reddit, just to kind of put it in context. But One Piece has always been very anti authoritarian. I was, I was digging around because I've never seen the show and I wanted to know more about it. And apparently one of the key icons from the One Piece show is this cartoon pirate flag. And the, and the cartoon pirate flag has for years been used. It's been carried at protests all over the world against the local leader, like being too authoritarian, basically. And so it's just been the type of flag like you, if you go to, you know, some sort of protest, you might see a variety of flags. But the One Piece flag is pretty, is pretty iconic and so it does feel odd in this particular context, but it's actually been. One Piece has been used as like a protest vehicle for years. I don't know, maybe I'll have to check it out. The only anime.

By the way, check them out. Anyways, nextperia produces chips used in the European automotive industry and consumer electronics. So anyways, Vincent Caramons, the Dutch economy Minister can now block a reverse decisions taken by Nextperia's board. His department acted on September 30th but only made its move public on October 12th. So again, I don't know. Right. Anytime you just start seizing, obviously it's going to prevent Chinese companies. Seems way more aggressive than the intel story where, what was it, 10% stake for the US government? Something like that. And immediately in America we were all debating, is this socialism? Have we taken a private company? Are we actually letting the free market work? Should, you know, the US government be playing kingmaker in the semiconductor industry? It was a really complicated issue and you know, I wrestled with it personally. And over in the, over in Europe, the Dutch are just like, we'll take it all, I guess. I don't know. Yeah, well, they're not. I don't think they're. They're not seizing the asset. They're taking. Like, they're not saying this is ours now. They're taking control over it. They have odd. Wingtech, the owner of nextperia, said that on Sept, the Dutch government had issued an order requiring Nexperia and its global subsidiaries not to make any adjustments to their assets, intellectual property, business operations or personnel for one year. That seems like a big request. The following day, three top nextperia executives with Dutch and German nationalities submitted an emergency request to the Amsterdam Court of Appeal to intervene at the chipmaker. The court immediately suspended the powers of Chief Executive Zhang Xu Zheng and then they suspended him from his position as CEO. Anyways, Europe's been on a tear. You saw the big new. I just want to know. It's just, it's really. I feel like impossible to form a take here without understanding what the catalyst was because we know that nobody steals more trade secrets than China. And so there's probably something going on behind the scenes here that we just don't know about. Yeah, yeah. What was the real motivation? We'll have to dig into it. Well, in other European news, Europe's new big.

And data to enable seamless, efficient ad buying across the globe. Germany has proposed raising the retirement age to 73 and terminally online engineer says. Imagine being 72 years old reviewing a vibe coded PR from a junior dev with a chip in his brain playing brain rot on repeat. Germany's just clearly pilled on. Don't die. This is Brian Johnson's work. Clearly he went to Germany. Great job, Brian. Hey, I got the supplements for you. You guys can be living forever. Raise the retirement age. I do wonder what the like fiscal impact of this is. Because most, this is never because politicians. Want to do this. Well, politicians work until they're like 90. So you know. But it, but it's deeply unpopular. It is, yeah. If you're, if you're, don't you love work? Not for me. You raised my retirement age. I think they should ban the retirement age. Ban retirement. Not everyone is fortunate enough to get to talk about the things that we love for three hours. Professionally, maybe in the future. No, but it's deeply unpopular whether you're about to retire or you're even. You have 10 years out or 20 years out. People that are planning to depend on their state backed retirement are not excited about extra years being added. But so yeah, again, I'm sure there's a fiscal reason. Yeah, I mean the white pill is that I heard some sort of take that was like if America raised the retirement age like four years, all of a sudden we have like a massive budget surplus. No more deficit. Because so much of the fiscal problem is tied to when health care benefits and retirement benefits kick in. And so if you just shift those back a few years, all of a sudden America looks like very solvent. Of course it would be very destabilizing. I'm joking about the work being rewarding, but it is kind of like the hammer that's there that you can hit. And then all of a sudden your country is in the black again. If you're losing money. Yeah. Anyway, we have our third guest of the show, Serena from Data Curve in the Restream waiting room. Welcome to the.

Spin up white label wallets, sign transactions and integrate on chain infrastructure all through one simple API. There is some news out of the Financial Times. The Dutch government takes control of Chinese owned chip maker Nexperia and terminally online engineer says they did it and it's Gert Geert Wilder saying we have a serious problem. Is that a real quote? This was a real post. That was a real post. That was about what? Referring to we have an unserious problem refers to a viral post on X in January 2024 by Dutch politician Gert Wilders and the response by English speaking users who found the similarities between Dutch and English language was entertaining. Yeah, of course. What was the serious problem at that time? What year was it again? Mid January 2024. 2024. What was going on then? I don't know. That's hilarious. But this doesn't seem like a serious problem. This seems like news for like good. This seems like good news. Right? The Dutch government seized control of one of Europe's biggest chip makers which was owned by China and Dutch. And the Dutch just say hey, it's ours now, were nationalizing it. I mean it seems like China should be saying they're having a serious problem because they want to have a chip maker and now they don't. Right. That seems like, that seems like a rough go for them. But I guess next period Chinese operations will be in, in jeopardy because if you just seize a company that's operating in like if America was just all of a sudden like Nvidia is owned by the government, well then that like Nvidia's research lab in Shanghai I think would probably be not a great place to be. Yeah, it's also just, it sets, it can set off a wild chain of events. So I'll read through some of the Financial Times. This move escalates frictions between Western countries and Beijing over access to high end.

Is not stopping there. So if you've seen any of the tweets, there's some very cool hardware on the way. I'm very excited. Yeah. Yeah, I think he's. I think he's on schedule for later this month. Last question. How. What's your framework and view on AI companions broadly? It feels like one of those things that everybody has, like kind of a moral framework around investing into. Elon obviously ran the calculus of. It feels like a market that a lot of the other labs didn't want to lean into heavily. He was willing to lean in. He went there. He went there. But what's your. Because I'm sure you've gotten pitch. Probably hundreds of pitches you haven't tried. Claude, Sexy mode. This is where. Oh, Lord. This is definitely where I feel like there's probably. Look, the market's gonna find. The market's not necessarily gonna regulate itself. This is clearly one of the games for AI for some percentage of the population. I'm not like jumping out of bed to fund that company. And, you know, thankfully, Elon's doing it with those hentai characters, you know, But. But I do think, okay, the version of it that I think is very interesting to me. There's. And I've been using. I mean, maybe it just ends up being chat, GBT or anthropic. Like I use them as a. As a kind of executive coach in real time when I'm looking for feedback on emails or just my own sort of notes on stuff. Like there's. There's some version of that that I think is interesting and compelling. I like. I've been actively looking for the version of it that is kid friendly, but not, you know, and there's been some interesting ones that have gotten funding. I don't know, because the way I use AI with my kid right now is it's just the always on tutor that we can sort of ask questions to or we'll provide trivia questions for us on the. That's a good use case and it's great. And we do a little creative storytelling, story writing, but it's always with me. Because she's eight, right. I want her to think of this as a tool that's going to give her superpowers to solve any problem she needs. I'm excited to see. Here's another one, you know, that I think the Palmers of the world will be thinking about is if you're focused on consumer electronics, like consumer hardware, the way this generation, this AI native generation is going to interact with UI and UX is different from us and it's the same. It's the version of the kids swiping the magazine back in the day. Oh yeah, they thought the iPad was broken. But it's a paper magazine, right? Because that form factor was so native to them. There's an AI first, almost a voice first version that I'm expecting, like, because even I watch my daughter when she gets on her iPad for iPad time. Like, she usually uses the microphone to dictate text into the prompts or what have you instead of typing. Like, I'm trying to get around the whole query thing. But again, if I'm realistic, I'm like, well, this is way faster. These things, like, literally these things were designed to be slow so that the keys wouldn't jam on a typewriter. Right. And all the Dvorak keyboard people are like, we told you, finally, we're validated. But I actually think this should feel like a relic from a bygone age if we build the right interface for it. So I think voice is going to get more interesting and. And I'm looking towards the younger generation for just helping us get ideas out of our heads. Yeah, the combination of kids toys plus LLMs is interesting too. I'm sure that.

What was the real motivation? We'll have to dig into it. Well, in other European news, Europe's big new big AI spending plan is still only 30% of what Meta just purportedly paid to hire Andrew Tullock. This was news over the weekend. Andrew is the co founder of Thinking Machines. Poached. Poached to Meta or allegedly Three and a half. Allegedly three and a half. The number that kind of leaked was what, one. One point something? 1.5 billion. That was the original number that he turned down. That was the number he turned down. What do you have on this, Tyler? Yeah, I mean, so I think it was somewhere in the summer, maybe like July. There was the rumors of him turning down 1.5 billion numbers. Like, oh, my gosh, this is so crazy. Must be a true believer in think machines. Yep. And then. Yeah, and then people. Now people are saying 3.5 is the number. But even then, that's just like the only thing I've seen where that number is is just on the timeline. Yeah, yeah, yeah. It seems like full, full rumor at this point, but I saw it in. I saw it in group chats. Like, you're like, just like, at least, at least it's equally unreliable as my. Least reliable friend texted it to me as well based on what he saw in the timeline. But yeah, I think, I think it's funny, Andrew getting the offer for one and a half billion over the summer being like, you know, thank you for the offer. I'm really, you know, honored that you so much faith in me. I'm stick, you know, I'm going to stick with my principles. I'm going to stick it out with my team. I'm going to stay true to the mission we just raised. I'm a missionary, not a mercenary. I'm a missionary, not a mercenary. You know, we just raised $2 billion to, you know, pursue. To pursue our vision. And thank you a lot for the offer and, you know, look forward to hopefully collaborating in the future. Mr. Mark Zuckerberg. Two months later, Zach's like, How about three and a half billion? He's like, um, let's ride. Anyways, Tyler, does. Does this trade deal make you more or less AGI pilled? I mean, so, so Thinking Machines is already, like, not very AGI peeled. True. So maybe it's actually more AGI pilling. Right? Because Andrew Tullock, maybe he is super AGI pilled. He's seeing what's going on in Thinking Machines and saying he needs the scale. This is just not enough. I need more. Yeah. He needs more computer. Maybe. Maybe it's. I think this is more AGI pilling. He saw the Prometheus plant. Yeah, I want that. The other thing is, like, okay, maybe he just thinks that the bubble is about to pop and he needs to, like. Actually, he needs, like, chairs. Yeah, yeah, yeah. It's notable. The lesson. Lesson is everyone has a price, which I think, you know, the industry's known forever. It just turns out that the price is oftentimes, in this case, three times higher. What most people's price would have been. Windsurf had a price. They went to Google. But of course, the product stayed with Cognition, one of our sponsors. Cognition's the makers of Devon. Devin is the software AI software engineer. Crush your backlog with your personal AI engineering team. We also have Ryan Peterson joining from Flexport. Does he have a price? Would he join TBBN full time for 3.5 billion? Would you do it? Would you become. Yeah. Would you become. Would you become a mercenary? 3 and a half billion. You have.

Like I'm just kissing ass. You all prove, let me continue. You all prove the point that so much of the Internet is now just dead. This whole dead Internet theory, right. It's not, not my idea. Whether it's boded whether it's quasi AI, you know, LinkedIn slop like having proof of life like live viewers and live content is really valuable to hold attention and and so I think we'll see a next generation of social media emerge that's verifiably human because like, because it's all going down in the group chats now. That can't be. That is not novel tech. There's got to be some next iteration of that because that's where all of us are getting our really best info now. And similarly I think we're going to get really delightful fun consumer experiences where some scrappy founders in Brooklyn like the doji guys can say hey let's make shopping fun again using this tech. And even if the Googles of the world launch some janky try on experience, let's we know those companies are just terrible at innovating product and aren't really a threat. Yeah, the thing I've been thinking about is social is what.

What's the latest on with the ports? Automation at the ports. Oh, it's illegal. That's the latest. No, it's not illegal. It's against the contract of the union for the next, I think, five more years from now on the east coast and four more years on the west coast, I want to say. And our direct competitors are doing the same thing. Right. Say that again. And I'm sure the rest of the world is also banning automation. Right. So we'll be equally competitive. And of course it's like. No. Singapore is probably extremely automated. Right. Contract ends in like four or five years and we'll see. But in the meantime, there will be no automation in the U.S. ports. Yeah. So we're behind. Makes it even harder. By the way, here in la, the Long Beach Container Terminal is an automated terminal. I think that's what kind of kicked off the union, pissed them off and made them realize this is like a real thing. When they put it in about 10 years ago, it's really impressive. It's a giant robot that's like a square mile of all autonomous trucks driving around and there's no people in there. And so we do have. It's like a solved problem. The technology exists, it works, it's really efficient, really cool to look at. Highly encouraged. Doing a tour of that. Flex Support is going to take a bunch of our customers on the tour of that at our conference here in a couple of days. Are there any other, like, geological or geographic areas?

States of America. Not America, America. What's the latest on with the ports automation at the ports? Oh it's illegal. That's the latest. No it's not illegal. It's against the contract of the union for the next, I think five more years from now on the east coast and four more years on the west coast I want to say. And our direct competitors are doing the same thing. Right. Say that again. And I'm sure the rest of the world is also banning automation. Right. So we'll be equally competitive and of course it's like no, Singapore is probably extremely automated. Right. Contract ends in like four or five years and we'll see but in the meantime there will be no automation in the US ports. Yeah, so we're behind. Makes it even harder by the way here in la the Long Beach Container Terminal is an automated terminal. I think that's what kind of.

Get after it. Yeah, it's gone. Should we run through my. Wait, I had a question for you. So. So I. I watched a film over the weekend. What? The third film ever. I watched the film Cinephile. Third film ever. Congratulations. I saw. Yes. Brad Pitt play Sonny Hayes in the movie F1. Yes, F1. I watched it in two parts. Okay. Because as the filmmaker intended. As the filmmaker intended. Because he knew. He knew I would get sleepy and check how much time was left in the movie. I was like, there's a movie about racing cars around a track. Can't be that long. Oh, you got another hour, hour, 30 minute left. I'm going to bed. But the thing that I thought was interesting is somebody who's seen. I haven't seen two hands worth of films, but I've seen a few. Interesting to have a fictional story tied into current reality in F1. Have you seen a movie that's done exactly that where there's Lewis Hamilton and other characters blended in? It's rare. Super rare. Yeah. But they pulled it off well. Yeah. It felt like you were in the world. It felt like you were in modern day Formula one and just watching. I mean, in the big short, they're like in Lehman Brothers, right? In Goldman Sachs. That's my version of F1. Yeah, but not with like the actual people. It's not like the managing director at Lehman Brothers is like playing himself. Sometimes there's little cameos, but nowhere near as much as like, this. There was like 200 cameos, basically. Yeah. No, that was a very cool. Very cool feature of the film. Yeah. I did enjoy F1. It was a good movie. Maybe the movie of the summer. People were asking, like, what is the movie of the year? Like, there was no shelling point. There was no Barbenheimer this year. And I think F1 probably did the best. The real one that's like going viral is the K Pop Demon Hunters movie on Netflix. That's the one that's like getting the most attention. Like squid game level, but little less. Never heard of it. You've never heard of K Pop Demon Hunters? You're telling me this for the first time? Are you kidding? Actually, you've never heard of K Pop? It's crazy. It is like a massive viral succession. It's a massive viral success. Let me run through. Let me run through my pitch to the US government to give Dylan Patel at semiannalysis 50 million bucks. This was my take today. So we had Dylan Patel on the show on Friday talking about Inference. Max, there's an independent benchmark where he takes Nvidia. Yeah. Pull up this video. Oh, yeah, from Semianalysis. This is why I had to talk about it. Potentially the greatest. It's amazing.

You're watching tbpn. Today is Monday, october 13, 2025. We are live from the tvpn ultra dome, the temple of tik.

Anyway, if you want to stay compliant. Go to Vanta Automate Compliance. Manage risk, Prove Trust Continuously. Vanta Trust Management Platform takes the manual work out of your security and compliance process and replace it with continuous automation, whether you're pursuing your first framework or managing a complex program. Okay, so, as you know, I ordered my new iPhone weeks before you strolled into the iPhone, into the Apple Store and just bought one off the shelf. I wasn't even there for a phone, so I was. I was forced to wait. The anticipation was building. I had high hopes for the new phone. The second I started using it, I thought, this feels like a downgrade in every single way except the actual quality of the images. The cameras are great. The cameras are everything else from the way that it feels. Feels cheap in comparison to my titanium iPhone. The liquid glass, while I think it looks cool, it is very mid in practice. Yep. It's everywhere you go. Everywhere you go. It feels like overly. Everything's overly animated. Sure. And I'm already getting a lag on the animations. Just like, why? Like, why? I don't need it to animate. Just like, be smooth and instant and don't lag. I have a couple takes on liquid glass I can drop. We can also get Tyler's review. What was it like? What was it like upgrading from the very first iPhone to a modern iPhone? Are you enjoying the 3G? You were on the 2G iPhone, right. The one you actually had to plug it into the wall to talk to people. You've fully acclimated to liquid glass, right? Yeah. Problems? Yeah. Yeah, I think it's great. I mean, it's definitely. You'll get used to it. They thought to themselves, we don't need to make a better user experience, we just need to make it different. There's a little bit of that. Because it's not better. Yep. Nothing about it from using it for a few days have I thought, oh, this is a lot better than how it used to be. I think most of my experience that's like, oh, this is like so much better. Is probably mostly because I was going from an iPhone 11, which is like seven years old. Yeah, yeah. To this. It's. It's probably not actually the iOS. Yeah. But so, I mean, it feels way faster. Yeah, obviously. But it's hard to tell. LinkedIn chat is absolutely going off. Mark. Ryan. Ryan, thank you to everyone. We are bringing news to LinkedIn. For the first time ever. We're on a tear. Apple first. They got to get on graphite code review for the age of AI. Graphite helps teams and GitHub ship higher quality software faster. Okay, so. So a couple problems for me. The Safari with Liquid Glass feels like way harder to use. Like I don't know how to get to the actual tab view. There's a whole bunch of new muscle memory. Just opening a new tab I feel like I have to click twice. Yeah, and there's a whole bunch of okay, you added more animations but it's not better. It does feel like there's a few things that now require two clicks or three clicks that used to just require one click or two clicks and so that's been annoying. I'm sure I'll develop the muscle memory. The new phone app feels very difficult for me to use. I haven't been able to figure out like where all the different calls are. All these things I think will sort out. I haven't enjoyed how hard it is to take a screenshot of an imessage chat because the person's name appears in glass. And so if you're trying to line it up to screenshot just like one message and show the person's name to say like hey, Jordy texted me this and I'm sending that to Tyler. Jordy said this funny thing here. Well, I'm automatically gonna see through the glass. The last thing he said that could be something different that I don't necessarily wanna share. And so just the screenshots of imessages have been a little bit tricky for me to get around. I will say Liquid Glass looks cool. It does look cool, but it's worse. To use and that makes it bad design. I think I'll get used to it. Oh, the other thing on the actual hardware design is I noticed that the plateau just ruins the ability to use wireless chargers because you put it down on the wireless charger. Well, you have an up and there's. A new wireless charger. I know. So I need a new car. Great, thanks. Nick says most people I know gain like 20 IQ when advising their friends lives and lose 20 IQ when doing strategy for the.

They genuinely want to help businesses. So they've been like, we've been able to go in there and talk to them and we're working on a couple things that we think we can reduce customs fraud. Like there's this massive fraud that's happening in customs right now. Oh yeah, because you just have this incentive if you're. The tariffs go way up now there's an incentive to cheat that wasn't there a couple of years ago or even last year. And the way that you can cheat this is highly illegal. Do not do this. Do not do this. It's not worth it. I only have one rule is I'm never going to jail. Yeah. So don't have the rule. Simple man. Simple man. Yeah. But so the way that it works and it's very rampant right now is the United States is the only country in the world that allows foreign companies to import goods into the country with no legal entity, no requirement to have an employee or person locally. So you can just import stuff into the country as a foreign company and then you just lie on your declarations. And our Customs CBP has agents in like 60 countries, but they're there for counter narcotics and anti terrorism stuff. They're not there for trade compliance and trade enforcement. So these companies just cheat and there's basically no concept. And if they get caught, they can spin up a new entity at home and just keep doing it. So there's zero downside. Or maybe the goods get. So, so and the, the, the fraud is somebody is bringing in, let's say $3 million worth of goods and they just say it's like, oh, it's $200,000, something like that. Right. And so, and so again the, the people that are punished through that are actual American companies or anybody doing it the right way that then has to compete with a player in the market who doesn't have the same cost structure as them because they're just not paying terror. They're not exactly. This is why we feel strongly about it. And right now on the Amazon marketplace, 60% of the sellers are non resident importers. That's what we call this. I know because 60% of the time I buy something on Amazon, it's garbage. Yes. So I love Amazon, but that is becoming a problem. My personal experience. So we're trying to highlight this issue around Washington and people have been really receptive to the, to learn about it and to see how this works and to some proposed ways that you might close this loophole. So. Yeah. And the way that what's happening where American companies are getting trapped in this is that they're allowing their factories to import the goods for them. So instead of them importing it, they're letting the factory import it and feeling like everyone's their own personal lawyer and saying, hey, I didn't know about the fraud. It's not my fault. I just bought the goods in the United States. And if they were, if the factory didn't pay duties, that's not my problem. Well, that is not how the law works. If you're paying for your goods at a price less than the duties alone would have been, then you must have. You should have known about this. And I think it's going to be hard to convince a jury. So I think you'll see some enforcement cases, but probably they just need to make it so a foreign company, just like every other country in the world, you need to have a legal entity in the country in order to import goods. Yeah. Do you have an idea of the scale of, like, the sweet spot for the scale of that type of fraud? I imagine that you really can't get away with that if you're, you know, doing $10 billion of commerce. But there's probably a whole. A whole host of little, you know, $20 million operations that are maybe cheating. Or something pretty big. So I analyzed it. In the United States, ocean freight shipping manifests are public record. Oh, sure. And so I analyze all of them. Last week with. With a team member of mine, we went through this, and what we found was about 10% of trade has switched terms to where the factory is now importing the goods. Is our estimate around 10, 11%, which is just massive amount of fraud and. And probably going to keep growing and growing until they. Until they take enforcement. Yeah, but is it even.

How to register the plate. He should have gotten a custom plate. He should have gotten Apple on the plate. Just let everyone know. Just let everyone know. There you go. What's wrong with getting a custom plate? Shout out license to post on Instagram. So there was some interesting alpha coming out of AlphaSense.

They're bigger on X than they are on LinkedIn. These guys are fake LinkedIn heads. No, we are trying to grow our LinkedIn. If you want to help us on our war path to bring technology news for the first time to LinkedIn and educate the unwashed masses on LinkedIn as to the nature of technology, we'd love to have you join the team. We're looking for a social media manager, someone to help with growth, someone to help post and write, repurpose content, clip, also do new looks. Like some hybrid company that enjoys writing, enjoys the content of the show, and wants to basically repurpose the show's content for the LinkedIn feed. Yep, it sounds. I think it is a lot more fun than it sounds. Exactly. You get to hang out here at the Ultradome every day. You have to view these platforms as, like, large systems that you can kind of understand how to optimize within them. And so on YouTube, you know, there's the title, the thumbnail. There's this whole game of, like, what the current thing is on YouTube. Like, if you do an interview with Mr. Beast, you're just gonna get a ton of views on YouTube. That's not the case on X. We'd love to have him on the show. It'd be fun, but it's not gonna be our biggest draw. Somebody like Roon will be a great draw on X, but probably not on YouTube. And LinkedIn is similar. We do a lot of content that does do well on Link already, but there will be specific pieces of the show. So you have to work to figure out what's working. And then how is their algorithm changing? How is their content structure changing? Like the. Like the medium is the message that's very real. And so you have to deliver content that fits within that, whether it's the vertical short form or the long posts or. You know, I hear AI is extremely popular on LinkedIn, so maybe you have to take our authentic content. Slopify. Slopify, Exactly. That might be the key to success. I don't really care what the key is. Obviously, we do have brand standards, but we want you to come on and explore what works, find interesting niches of strategies that work. We've done this on Instagram. Yeah. I mean, the main thing is, yeah, it's very much an art and a science. It's also. Your job is not to post. Your job is not to just deploy content to feed. Your job is to experiment and understand the platform better than anybody else. Understand the culture of the platform. Exactly, exactly. And we've done that with a lot of things. We've had fun with our substack. You can go subscribe tppn.com and I think we wound up coming up with a unique product in email. It's a daily letter with a, with one, you know, 500 word rant by me, with some timeline and then some timeline posts and there. And like, you know, everyone has an email newsletter. There's a lot of email newsletters out there. We still wanted to carve out something unique and we want to do the same thing on LinkedIn. So please come help us. And then obviously, well, you know, who. Understands the culture of American dynamism? Restream. IO, of course.