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US employment picture. The US added 162,000 jobs in August. She that is a lot of jobs.

Yeah. More importantly, though, the National Weather Service forecasts dangerous beach conditions for the Malibu coast. Dangerous starting today. Dangerous for novices or dangerous for someone at your level? That's impossible. Dangerously good surf conditions. Dangerously. Absolutely. Electric surf conditions. Heading into this weekend, hope to see the TBPN nation in SoCal taking advantage of this hurricane swell. We're going to have back to back days of phenomenal activity here on the Pacific. So I'm thrilled. I'm excited. Hope to get you out there, John. I would love to see you. I might be tinkering with Astra. Who knows? I could see you getting into E Foiling. E Foiling. I got a startup idea. What if you make.

It can be a very, very good fit, especially if you have the passion for it even before you wound your career down. But major partnership news. Huge partnership. Absolutely massive. Sam Blonde has partnered with Jim Riley at. What is it, Carolina? A.I. charleston. Charleston. Charleston. A.I. charleston. Let's pull up this video. Partners with Monaco. Let's watch it. This is big. As you know, I'm Jim Riley, co founder. I do know. AI is coming to Charleston. It's already here now. AI is coming to Charles. It's already here with Monaco. We can bring AI to all of South Carolina, which is what I want to do. I really want to bring AI to everybody in South Carolina. And with their help, their program, their AI, we can do that. So if you're a founder and you need assistance and want help identifying potential customers, people that will use your product, Monaco is the way to go, just like I'm using them. This is awesome. Talk about moving quickly, because if this video went up even one week from now, it could be like eye roll. Like we have. We've seen a couple of this guy's video. The memes. This is so fast. Really great execution timings, everything with these things. Very funny. Congrats to Monaco and Sam Blond on just a. Just a fun moment. And I mean, like, unironically, he seems like someone who is a great evangelist who's going to actually aid in AI diffusion. And there's no clip of. It's a good zero clips of Jim Riley talking about AI Dune. Yeah. And that we know of. Don't ask. What. There could have been a podcast 2018. Don't look him up on less. Wrong. He might be on there. Who knows? He might have been in a Bay Area group home. You don't know that yet, but hopefully he was just a normal businessman. Yeah, he may have read. Possibly read the Basilisk and realized he needed to. Oh, yeah, this is all elaborate. Rocco's Basilisk gambit. Trying to. Trying to please the future AI gods. Well, Nvidia has released a God mode for gamers.

Financing rounds that we're seeing right now? Yeah, totally. What are you seeing on the spread of fee structures for early managers with the K shape? We've seen reporting of funds charging, not the traditional 2 and 20, but you see 4 and 40, I think in the most extreme case. And then you also see early managers giving on fees. How wide is the spread? Is it widening? Is there K shape in fees where the next generation of managers are making zero, zero, Doing it for the love of the game? The most egregious part of the entire continuum, I think, is SPVs. And what people are doing on SPV is even separate from the funds. It's the insane like 4 to 10% management fees that people are charging and syndicating out to the long tail of investors that are out there. I mean, it's almost criminal how bad it is in terms of how some of these SPVs are being structured. And then they're opaque, they're multilayers. People didn't even know what shares they own underneath of it. And so I think that that is the worst part where there will be a reckoning and lessons learned. And I think it's well overdue when it comes to funds. You know, there is adverse selection on fee concessions and I don't think you see that from high quality groups and venture. The spin outs that are the most interesting with the most pedigreed people.

And finance support, giving employees instant resolution for access requests and password resets. Now the great Dyson debate. The great Dyson debate. TJ Parker kicked it off. He said apparently unpopular opinion. Dyson products are generally not very good. David Senra. Someone needs to check in on him. But strongly agree though. My girls love their air wraps. As Bryce Roberts, a couple other people saying, yep, my wife got a vacuum. It was terrible. Felt like a total psyop. A lot of people are upset. The MATIC founder's chiming in. I got an alternative for you. Oh. He's saying that it's likely ruining your rug carpet. Oh, interesting. Dyson rug shed. And Dyson suction is very adept at making it shed faster than necessary. Interesting. Okay, I'll start with what I think. The Dyson business is incredible. The story is incredible. I think that the making things that look like Halo weapons for stuff around the home is a very cool way to differentiate. And I appreciate the over engineering like everyday objects. I'm not saying I'm buying into it, but I appreciate that someone's doing it. Somebody needs to make a $500 toothbrush. But that being said, I saw this and I was like, you know what? That kind of, that does resonate. Because every time I have a Dyson vacuum at home and I've had various Dyson products over the year, and the vacuum in particular, it just feels like a little bit like creek. Like it's like creaky. It feels a little bit. It feels a little bit cheap. Yeah. And I always want to put it away because I don't like this like Halo weapon, you know, Home cleaning device doesn't exactly fit in to the overall design. Say you don't live at the Citadel. Just say your house doesn't look like it would be welcoming to the flood. Come on, you gotta design your whole house to fit the aesthetic. Yeah. You gotta have a banshee out front. A banshee out front would fix me. Yeah. I think you forget how bad it was before Dyson. Yeah, it was so bad. Vacuums were so rattly and clanky and like they used to have bags on the back that you would have to like take out and they'd have this felt inside and the stuff would be going everywhere. Like this is such a step forward. Maybe you could say that. Like it's plasticky and it doesn't feel like super rock solidly built now, but it moved the whole category so far forward and so far into the future. Just the fact that you don't have to plug it in it has a battery. That was an innovation. Like most vacuums, you would have to take it out and then you would unwind this long cable. And I think they still make some of these, but you would have to find the nearest plug, plug the vacuum in, and then you could only vacuum as far as the cable would go and then you'd want to move to another room. So one of my early like chores, I think I don't know why I have so many remus of this, but I guess I vacuum. I have formative memories of like vacuuming, trying to get to a spot and you're like, oh. And you're trying to extend it and then you have to like. And as a kid, you're trying to be. You're trying to be as efficient as possible. Of course you don't want to move the board in the two seconds. There's four plugs in the house that you need to hit to vacuum the whole house. And so you got to. Optimally, it's a traveling sales problem. All of a sudden it's npr. Like you got to plug in here, reach under there, get under the couch, go over there. Then you got to move the cord over the couch so you can get to the other side. Then you got to move the cable all the way to the other side of the room so you can get the other side of the room. Huge problem completely solved. One shotted by James Dyson One of the greatest to ever do it and put some respect on his name. Apologize. I still think they should make a line that doesn't feel as cheap. Yeah, I don't know. There would almost certainly be zero demand for it. Yeah, I think that if you're willing to make the $499 toothbrush, you should be willing to make the $5,000 maybe. But I feel like you'd lose a lot in the engineering like you would wind up doing. I mean, because as soon as you go metal, you're going to get a lot heavier. It's going to be a lot more annoying. I do think that part of the problem that you're feeling is that the products have gotten more complex. There's one that has a laser beam on it that shows you the dirt that's somewhat use useful, but it's not that relevant. And so there's. They've added a lot of weight to them and I think that puts a little more strain on the device and the engineering and so. But I don't know. Would carbon fiber satisfy you? Yes. Okay. The carbon fiber dyson vacuum. Anyway, there's an article in the Journal with somewhat niche, but one of the I would call it the post of the day.

Very, very difficult. But it can be really interesting. What's Ryan Harmon working on these days? Before that we don't have to pull up this image, but has Burning man fallen off? I have no idea. I think they had a rough go after the. I've never been. I think they had a rough go after the muddy one. There was one where it rained like crazy and it was really, really muddy. And I think everyone was like, that was a lot. I don't know if I'm going back next year. And then also Covid might have switched things up for a little bit. I think they might have skipped one. So a couple different moments of like, okay, a lot of washing out certain people. But then also, yeah, it seems like it doesn't necessarily have a massive inflow of net new young people into it. And the Burning man population is just. Is aging up. Which doesn't mean that Burning man, hopefully for BlackRock, this doesn't mean that Burning Man's going away anything. We'd hate to see Blackrock City, obviously named after BlackRock, the financial institute. Yeah, probably some sort of. I would assume some connection. But yeah, some lab leaders are there that I'm aware of. I have been informed that there are. That there are lab leaders there. Sam and Greg have been all over the podcast circuit this week. So it's not them, but there are lab leaders there, which to me is funny because they hopefully aren't on X because it would be hard to be properly engaged. You're talking about the social media platform. Yes. Okay. You can imagine you're camped out in the desert. The whole purpose is to do nothing and just whatever they do out there. And then it'll be a little bit jarring, I think coming back on that trip and seeing the updates. Yeah. Anyways, Burning man wants to survive. I think that they should probably host it in New York, switch it up, invite only. Maybe get Sorkin on stage interviewing CEOs. Something a lot more like Dealbook would probably work for. For like the future there. That would be something that I would want to. Yeah. And it would make the blackrock connection make more sense. Exactly. Yeah. It was always a little. You had a squint to understand why is blackrock involved with Burning Man? But if they. If they held it in Manhattan with just financial leaders, geopolitical leaders, and it was just more like one on one conversations about global markets with a legendary investigative journalist and a news anchor who everyone really respects. And it was invite only. And then the videos could go out on the Internet. Like that might be a little bit more up my alley. Yeah. If they want to appeal to me. I don't know. I don't know if they're going after me. I don't know if I'm in the Tam. I don't know. Speaking of Sorkin. Yeah.

You're watching TVPN. Today is Friday, September 4, 2026. We are live from the TVPN Ultradome. The temple of technology, the fortress of finance, the capital of capital. That's right. Let's get that Christmas countdown. First, let me tell you about ramp.com time is money save. Both easy use, corporate cards, bill pay, accounting, and a whole lot more all in one place. How many days? There we go. 111 days until Christmas. 11 days until Christmas. The Christmas countdown is helpful because one gives you something to look forward to. Indeed. But it also is a subtle reminder that you only have 111 days left in this year. Yeah, it's game time. It is. It is. It's game time. Well, we're excited for it. Big news in the AI world, obviously. Astra GPT6 launched yesterday. We went through the blog post briefly. It went up mid show. Bunch of impressive benchmarks. We talked about Arc AGI. We moved the goalposts because Arc AGI v3 is now saturated, which is particularly crazy because of how detailed those games are when you play them. The thing that stuck out to me though was watching the demos of people build 3D scenes in Blender using Astra. Clearly a bunch of people got access to the model before and were able to fire off one prompt, maybe a few prompts. It feels like it's very, very capable to just fire up Blender and do a full task and model a whole world. That said Matt Schumer, who had a couple of the most impressive examples. Yeah. He has been talking about how the art of prompting is back. Oh, interesting. Has he had a very specific process where you have like a loop manager, agent and sub agents. Yeah. And it's. And it's not still not as simple as just like you can get a good output doing, you know, in one shot. But to get some of these really incredible outputs does take a little bit of refinement. Yeah. And I'm sure a lot of that information will propagate across the Internet as it already has. I'd love to pull up some of the images from or the videos from the launch from folks who are actually test driving GPT6 Astra. First, Sharif said GPT6 Astra recreated the palace of Fine Arts in Blender. This. This is my favorite building in San Francisco because it was built for the World's Fair in 1914. I didn't know that. Where the steam locomotive and telephone were showed off. Wow. It was a time when technology gave us all a deep sense of optimism for the future. I feel like some of that sense has been lost since, certainly. But I hope models like Astra can help restore it and push us towards a more hopeful future. So if we can play that actual video, you can see. So I imagine that it pulls images from the Internet. There's a whole bunch of, obviously, reference diagrams. There's a whole bunch of different ways that you could ground a 3D modeling exercise. You could even pull the blueprints. There might be free modeling architectural plans. And yeah, it's this odd thing where you could use an AI image generator. Because the AI image generators are knowledgeable about what the palace of Fine Arts is. It could generate a bunch of images there. So there's all these different ways to triangulate it. And then you can also just go on. I think Sketchfab is one of the big free 3D model purveyors online. And so you could potentially go grab an actual 3D model build off of that for your scene. So there's all these different ways to solve a problem, and Astra seems to be good at actually going and doing it. There's a few more that we should look through. There's one comparison, since this is the new Pelican Bench, apparently, same.

That it's rolling out and we are entering the duopoly phase of of full self driving cyber cabs in the California Post. Yes, we were going to do the Mansion section this week as we do, but unfortunately we'll come back. There is a mansion shortage. Cisco AI is minting a new class of millionaires in SF and they're running out of mansions to buy. A wave of wealth tied to the city's booming air industry, sending home prices soaring, triggering bidding wars with as many as 50 offers and leaving even buyers armed with 25 million in cash out in the cold frenzy marks a stunning turnaround for a city whose housing markets slumped during the pandemic as tech workers scattered and offices emptied. Now AI companies are rapidly expanding, employees are returning to their desks, and startups are generating enormous paper wealth for workers and investors with potentially even larger windfalls ahead. I looked on Compass. There are only 14 homes in SF on Compass, over 10 million. And some of them are like duplicates and some aren't even like, some aren't single family homes. You have to be bullish on places that are further away from actual San Francisco. Like you look at what happened with Mill Valley and you have to imagine that with self driving a one hour commute to a mansion and Chinese quadcopter drones for humans and horse, robotic horses, don't forget about those. There's just going to be more tolerance for a longer commute that where if your commute is you're fully on your laptop basically, or you're, or you're basically talking to your AI agent and, and yeah, maybe you're ready to take over once a month briefly, but 99% of your miles on your commute. Yes, you have an hour commute, which sounds ridiculous when you're living in a mansion, but you're being very productive catching up on all your emails, really going back with all your coworkers, hopping on phone calls. Yeah, hopping on a zoom, saying nothing from my end. It's going to be electric. The first future is here. This changes everything. Well, our next guest, our first guest is Hunter Somerville from Stepstone Group.

Creating content or automating business workflows. Codex helps you move projects forward from start to finish. I'm actually really bullish on the Cyber Cab. I've tested Model S recently and I ordered a Model Y L. And the self driving capability is 100% ready to rock like it is. You know, Brandon on our team was saying that he's at 95% of the miles that he's driven in the car have been in full self driving mode. You add a little bit of teleop for that 5% that's not there. And with a cab you don't have to negotiate driveways and drop off points and valets as much. It's solved. Truly. The only time you're driving a Tesla if you have the full self driving on the latest hardware is you pulling into your garage or negotiating a parking lot, something like that. Interestingly, Tesla has a feature, Smart Summon. It can pull out of a parking space and come and pick you up. It's a little janky right now, not quite there. You have to sort of puppeteer it yourself. But they don't have a banish mode and there's huge demand for banish, which is the inverse of Summon. And Brandon just coined this. And I was like, that's actually great. And he was like, yeah, that's probably what they'll call it. And I was like, yeah, I guess, but I wouldn't have thought of that. I don't know. Seems like a very Elon Musk. Yeah. Word. So I love the idea of being able to take the full self driving vehicle, get out of it just on the curb actually at your destination and say banish. Go pay for parking. If you want to pay for parking, go find a spot on the road. Go drive around until you find something. I'm going to be here for an hour. Deal with it. Deal with it, AI. That's what everyone wants. Yeah, for sure, for sure. Anyway, what did Elon actually say about Cyber cab? He said 20 cents a mile to run 30 or 40 with taxes. And yes, you can buy one for under $30,000. Get ready to shave your head, MKBHD. Somebody shaving their head. It's either Tyler or MKBHD. We'll see. I think the cost of autonomous transport will be so low that you can think of it like individualized mass transit. The average cost of a city bus per mile, not the ticket price because that is subsidized, is about a dollar a mile. The operating cost of a cybercab will be around 20% a mile, including taxes and everything else. Probably 30 or 40 cents a mile. Yes, you'll be able to buy one. We expect the cost below 30,000. It is crazy that I'm in a world where I think they're going to ship cybercab before Roadster because they announced Roadster a decade ago. I know, but we were expecting something around the Roadster in August, right? Yeah. Flying. And he told Rogan he was going to show a demo that was going to blow everyone's mind. Yeah. So I would expect that hopefully this month. So you think. You think you'll be able to buy a Roadster and get it delivered before you'll be able to buy a Cyber cab and get it delivered? I never said I thought you could ever get a Roadster delivered. You just think it's never going to come. No, no, no. But. But I would assume if they're going to do a demo. Yeah. Then we're still over a year out. Yeah. From delivery at least. I mean, just from a financial position. Cybercap makes so much more sense as a business than Roadster. Roadster. I mean, even at $250,000 for the crazy specs, like, it's still, like, there aren't that many buyers that want that. A lot of people that are spending $250,000, they want a manual, they want an experience, they want a weekender. They don't necessarily. So many buyers for the Roadster. There will be. At least where we are, there will be. But we're talking about so many buyers. Oh, 10,000 cars a year or something. It's not the way people get around every day, like taxis, you know, like, it's just completely different tam to completely different situation in general. So I don't know, I might go. Well, I'm shaving this side of the head if it's Cyber cab first, this side of the head if it's Roadster first. And I think I'll have a head here for over a year. Oh, I thought you were talking still about time. Oh, yeah, yeah, yeah. No, we'll do something. There's other cybercab videos. They're very fun. Go check them out. A Tesla Cyber Cab without a steering wheel or pedals drove us for 30 minutes on a pretty busy Thursday night in Austin, Texas. The 4.7 mile ride cost 962. Starting tomorrow at 5pm Anyone in Austin can hail a Cyber Cab for themselves. Nothing can compare to this. Well, I mean, you can compare Waymo to it, but I guess it's good that it's rolling out and we are entering the duopoly phase of full self driving cyber cabs in California.

Check in. What is going on with the Cyber Cab? Cyber Cab. Let's check out the interior is. There's an interior tour here with whole Mars catalog. And IB says the doors go up. John, the doors go up. Did you know the doors go up? Yes, I saw that. This will completely replace Uber for me. Holy mackerel. I like this. There's a couple other data points about the Cyber Cab rollout. So famously, YouTuber and electronics reviewer Marques Brownlee attended the previous Cyber Cab event and came away impressed and optimistic about the future of self driving, but skeptical of the timeline. And he said that if Elon could make good on his forecast, which was for sale by the end of 2026 for under $30,000, no steering wheel, full self driving, you can just put it out in the world and it will go do tasks and earn you money. That was the pitch. And Marquez said, I think that's too aggressive. Does for sale mean they're being delivered? Yes. Okay. For sale. Because they did throw up. Like a pre order doesn't count. Okay. You got to pay the 30,000. You got to get the cyber cab by December 31st. And so if you get. Elon took that personally. Elon took that personally. Yeah. He has a pre order where you can buy a whole stack of them for a million dollars and run a fleet. But I think Marques is looking good. The stakes were high. Marques Brownlee said that he would have to. He would shave his head if this happened on Elon's original schedule. And of course, every time a. Every time there was a Cyber Cab that was spotted, I actually saw one here in la. Every time there was an update about the progress of the Cyber Cab program, people would respond with a AI image of bald Marques, which is very funny. But the. Should we be making predictions with. With head shaving as the. As a conference? Yeah. If Elon doesn't ship this by the end of the year, I'll shave Tyler's head. I'm willing to do that if Elon does. Okay. Is that. Do we have a deal? Yeah. Wait, if he doesn't ship it. If he doesn't ship the Cyber cab for under $30,000 by the end of the year, actual deliveries, no steering wheel, and it drives vehicles that can do economically viable stuff. So I'm inverse. Marquez, Brownlee. No, no. Yeah, yeah, yeah, yeah. Oh, no, no, no. Yeah, yeah, yeah. If he doesn't do it. Yeah. You're the opposite of Marquez. If he doesn't do it, you shave. In the world where he does do it. Then you don't have to shave your head. No, I do like the head. Shaving as a bat. I don't know exactly. When's the last time you had a buzz?

Employees instant resolution for access requests and password resets. Now the great Dyson debate. The great Dyson debate. TJ Parker kicked it off. He said apparently unpopular opinion. Dyson products are generally not very good. David Senra not someone needs to check in on him. But strongly agree though. My girls love their air wraps. As Bryce Roberts a couple other people saying, yep, my wife got a vacuum. It was terrible. Felt like a total psyop. A lot of people are upset. The matic founders chiming in. I got an alternative for you. Oh. He's saying that it's likely ruining your rug carpet. Oh, interesting. Dyson rug shed. And Dyson suction is very adept at making it shed faster than necessary. Interesting. Okay, I'll start with what I think. The Dyson business is incredible. The story is incredible. I think that the making things that look like Halo weapons for stuff around the home is a very cool way to differentiate. And I appreciate the over engineering like everyday objects. I'm not saying I'm buying into it, but I appreciate that someone's doing it. Somebody needs to make a $500 toothbrush. But that being said, I saw this and I was like, you know what? That kind of, that does resonate because every time I have a Dyson vacuum at home and I've had various Dyson products over the year and the vacuum in particular, it just feels like a little bit like creek. Like it's like creaky. It feels a little bit. It feels a little bit cheap. Yeah. And I always want to put it away because I don't like this like Halo weapon, you know, Home cleaning device doesn't exactly fit in to the overall design. Just say you don't live at the Citadel. Just say your house doesn't look like it would be welcoming to the flood. Come on, you gotta design your whole house to fit the aesthetic. Yeah. You gotta have a banshee out front. A banshee out front would fix me. Yeah. I think you forget how bad it was before Dyson. Yeah, it was so bad. Vacuums were so rattly and clanky and like they used to have bags on the back that you would have to like take out and they'd have this felt inside and the stuff would be going everywhere. Like this is such a step forward. Maybe you could say that. Like it's plasticky and it doesn't feel like super rock solidly built now, but it moved the whole category so far forward and so far into the future. Just the fact that you don't have to plug it in. It has a Battery. That was an innovation. Like most vacuums, you would have to take it out and then you would unwind this long cable. And I think they still make some of these, but you would have to find the nearest plug, plug the vacuum in, and then you could only vacuum as far as the cable would go and then you'd want to move to another room. So one of my early like chores, I think, I don't know why I have so many remus of this, but I guess I vacuum. I have formative memories of like vacuuming, trying to get to a spot and you're like, oh. And you're trying to extend it and then you have to like. And as a kid, you're trying to be. You're trying to be as efficient as possible. Of course you don't want to move the board in the two seconds. There's four plugs in the house that you need to hit to vacuum the whole house. And so you got to. Optimally, it's a traveling sales problem. All of a sudden it's npr. You got to plug in here, reach under there, get under the couch, go over there. Then you gotta move the cord over the couch so you can get to the other side. Then you gotta move the cable all the way to the other side of the room so you can get the other side of the room. Huge problem completely solved. One shotted by James Dyson One of the greatest to ever do it and put some respect on his name. Apologize. I still think they should make a line that doesn't feel as cheap. Yeah, I don't know. There would almost certainly be zero demand for it. Yeah, I think that if you're willing to make the $499 toothbrush, you should be willing to make the $5,000. Maybe. But I feel like you'd lose a lot in the engineering like you would wind up doing. I mean, because as soon as you go metal, you're going to get a lot heavier. It's going to be a lot more annoying. I do think that part of the problem that you're feeling is that the products have gotten more complex. There's one that has a laser beam on it that shows you the dirt that's somewhat useful, but it's not that relevant. And so there's. They've added a lot of weight to them and I think that puts a little more strain on the device and the engineering and so. But I don't know. Would carbon fiber satisfy you? Yes. Okay. The carbon fiber Dyson vacuum. Anyway, there's an article in the journal Hockey with somewhat niche but one of the I would call it the post of the day. David Senra interviewing Herbert Hoover. Hoover. I effing love it. You have to effing. Meet James Dyson. Yeah. I wonder what percentage of the David Senra of David Senra episodes include a mention of James Dyson. It's got to be above 50 for sure. Yeah. We talked about this a little bit earlier, but James Dyson sold us a $400 hair dryer. Now he's trying a $500 toothbrush. The inventor known for household appliances is turning to oral care. Quote we don't really structure things on a business plan. I mean you brush your teeth so much over the course of years. If this lasts a couple years, I wouldn't be surprised if the Dyson camera jet toothbrush sells pretty well. Also, just physical objects, things like this, they kind of fit with Christmas. I feel like there's less and less things to to give to people. It feels nice and luxurious and special and it's a new gadget and even if you churn from some of the features remains a daily driver. It's not going to collect dust in the way that some Internet connected gadgets do. Even if you don't get a lot of value out of the imaging features. But I don't know, we'll see where it goes. We'll have to check in what is going on with the Cybercap.

AI gods. Well, Nvidia has released AI God mode for gamers. It's called DLSS5. They've been working on this technology for a while. Deep learning, super sampling. It takes the current game resolution up, ress it using AI. Some people hate it. It's very controversial. I think it looks great. Let us know what you think. Watch this video of kingdom come 2. This is being rendered in a game engine and then passed through DLSS 5 to make it more photorealistic. Changes everything. Okay, yeah, truly, it does still look like a video game to me. But that's not entirely the point with this. It's just to get you just one little notch up. It doesn't actually feel fully like a movie, but I don't know. I thought it was good. I'm excited.

Your career down. But major partnership news. Huge partnership. Absolutely massive. Sam Blonde has partnered with Jim Riley at. What is it, Carolina? A Charleston. Charleston. AI Charles. Let's pull up this video. Partners with Monaco. Let's watch it. This is big. As you know, I'm Jim Riley, co founder. I do know AI to come. It's already here. Now. AI is coming to Charles. It's already here with Monaco. We can bring AI to all of South Carolina, which is what I want to do. I really want to bring AI to everybody in South Carolina. And with their help, their program, their AI, we can do that. So if you're a founder and you need assistance and want help identifying potential customers, people that will use your product, Monaco is the way to go. Just like I'm using them. This is awesome. Talk about moving quickly. Because if this video went up even one week from now, it could be like, ah, eye roll. Like we. We've seen a couple of this guy's video. The memes. This is so fast. Really great execution. Timing's everything with these things. Very funny. Congrats to Monaco and Sam Blonde on just a. Just a fun moment. And I mean, like unironically. He seems like someone who is a great evangelist who's going to actually aid in AI diffusion. And there's no clip of. It's a good zero clips of Jim Riley talking about AI Dune. Yeah. And that we know. Don't ask what. There could have been a podcast 2018. Don't look him up on less Wrong. He might be on there. Who knows? He might have been in a Bay Area group home. You don't know that yet. It. But hopefully he was just a normal businessman. Yeah. He may have read possibly read the Basilisk and realized he needed to elaborate. Rocco's Basilisk gambit. Trying to please the future AI gods. Well,

Keep that moving. AI outage, of course. And people are saying code without AI. And it is the Odyssey. Try and string this bow. Challenge. We really should have put Tyler to the test yesterday. Fizzbuzz do it, Python. Good luck. You only have GitHub. Tyler's first thing he would go to chat and ask what programming language is good for somebody just getting into programming and then realize it was down just be completely halted. This was a hard.

But a non account says I am joining the war on artificial superintelligence on the side of artificial superintelligence with a crazy screenshot that we need to keep on the screen too long. Keep that moving. AI outage.

Okay, let's move on to some funny timeline posts. The timeline. Because logo data list has a funny one here. Slop does not come from AI, but from the heart of man. AI only reveals the slop that is already in the heart of man. What man desires slop. The problem with the problem is with man, not the machines. Very eloquent. And then Tom Cruise.

That's good, that's good. I like it. So good. Anyway, we should move on to the jobs report because even though AI is getting better, so is the US employment picture. The US added 162,000 jobs in August. Sheesh, that is a lot of jobs. Also, what's interesting is that the Wall Street Journal had an op ed violation. Had an op ed Just, I mean it just printed today. It went to, it went to print online yesterday. But saying why we'll have to get used to meh job reports. The economy doesn't need to generate all that many jobs to keep the labor market steady. But that won't keep low job growth from feeling dissatisfying. So economists think, or they thought, that Friday's jobs report will show the US added seasonally adjusted 53,000 jobs in August. The number came back 162,000 three times what these, what these economists. What were the economists doing asleep at the wheel? They're on summer vacation maybe. Who knows? That would be a step up from July's unexpected loss of 23,000 jobs, which of course was now revised upwards. So we actually did add jobs in. We got an upwards revision. Upwards revision. You don't see that much usually. Narrative violation. Usually, yeah, that's a narrative violation. There's a whole bunch of interesting, there's a whole bunch of interesting dynamics going on in the economy. The Wall Street Journal has been doing a great job highlighting the Main street millionaire, the small town entrepreneur. What's happening in the broader real economy. Not too focused on what's happening in tech and tech jobs where obviously a very small employee base can create a really outsized outcome. Nothing shows that better than hugging face, couple hundred employees, $12 billion outcome. And that's not the nature of the US economy. That is the power law, that is the outlier. But it's easy to track and say, oh well, if you're making a $12 billion business with just a couple hundred people, there's not going to be any more jobs. But that's not the way the actual US economy works. So what is going on with the US economy? The August jobs report is out and it is good. It blew past expectations with the US adding 162,000 jobs. Economists polled by the Wall Street Journal said that the US would add 53. That comes after both the June and July jobs reports were Revised up to 31,000 and 21,000 respectively. So the unemployment rate remained at 4.1%, which is historically low, which indicates that we generally have a healthy labor market. The Jobs added were fairly broad. Based from the Wall Street Journal, food services and drinking places were a standout. Let's go. With an increase of 59,000 jobs. And people were worried about this post World cup slump. You remember this? Yeah, yeah. And so it seems like whatever happened there, whatever gyrations happened, people are still dining out, people are still going to bars and they're hiring. I think it's quite possible that, you know, recent model advances are allowing people to, you know, have more power lunches. Yes. Might have historically been a Friday thing. Yeah, maybe now they're adding Monday, Tuesday, Wednesday. Sort of a let Astra take the wheel scenario after 1pm in many offices across the country. Could be a. Could be a thing. Could be that. Similarly, local government education gained 42,000 jobs after losing 58,000 jobs in the prior months. Manufacturing was among the was among the sectors registering job gains, as was health care. As has always been the case, health care continues to boom. The information and finance sectors shed jobs. While economists are divided over how artificial intelligence will divide the market, those sectors are generally viewed as among the most exposed to technology. At a minimum, the report is an argument against the Fed lowering rates in September. Before the report, markets have been roughly divided on the prospect of a hike. It also seems that the AI jobs apocalypse is still on hold, at least for another month. And of course, we'll discuss this on the show. Let me tell you about Shopify while Jordi queues up the next story. Shopify is the commerce platform that grows with your business and lets you sell in seconds online, in store, on mobile, on social, on marketplaces, and now with AI agents. Do you have anything? Because I got a big story here we can read through, but it's a long. Yeah. On the rates debate. The president was over on Truth Social today asking for a rate cut and making a bunch of various threats around halting trade with a number of our trade partners if we don't get a rate cut. So hopefully the market shrugs it off. And that's all I have. Okay, let's move on to some funny timeline posts. The timeline.