It's not, make the world a better place and people will recognize you for it and lift you up on their shoulders. Man is political animal, does not work that way. But when the greatest capital allocator of all time tries to help and say, hey, here's some basic things you need to be doing. And people freak out, then it's like, man, that is Stockholm syndrome on steroids.
You are being, I don't know that you can even have periods of a balanced budget for long. So this is where you hit me with, well, in the 90s, Clinton balanced budget. Nothing bad happened, Tom. Alan Greenspan is not a fool.
And the only reason that we didn't derail is because he unlocked private credit. So he made sure that money was easy to get in the private sector and we had a huge boom of private debt. So money was still being printed. It just wasn't being given to the government.
Of course, there's government debt. Everybody's aware of that. It's also corporate debt. Most people probably aren't aware of that.
Those are corporate bonds, if you've ever heard about that. Businesses that owe money to the government. Businesses that say, hey, everybody, we have a triple A credit rating and we want to sell a bond because we want to go do a thing. Gotcha.
Oh shit, AT&T, Apple. Yeah, fuck, I'll buy a bond from those guys. Works just like it works for the government and allows them to deficit spend without them having to sell shares. And then there's personal debt, all your credit card debt.
So every time that you go and buy something at the store on credit, poof, money exists. Cool, domestic violence news. Everyone called out Diddy. I was at our first bit take, boys and girls.
This is bananas. I don't even play around with my face, let alone pushing it. I was one of those kids, when they hit my face, the game's over, I take it seriously. I don't casually hit other people's faces that that's a certain thing for me.
So to see this in that smile, like, yeah, they were going through something. That is a level of disrespect that I find grotesque in the extreme. It is emasculating. You absolutely, as a married couple, have to find a way to separate your interactions of when we're husband and wife and when we are in a political capacity, given that they're on what looks like their version of Air Force One, it's like we're in an official capacity here.
They're staff around, man. Like if you guys have a thing and it's okay in your relationship to be what I consider just next level rude, then whatever. Do your thing behind closed doors when you're on private time. But I mean, not only are they on an official vessel, the cameras were rolling.
So this to me is really unhinged. They tried to deny it, of course, until the video footage came out and then that made that impossible. Yes, I hate this one as well. I was going to say, if I had to tear a gun, is this worse than Alec Baldwin?
Definitely Jesus. They're the great. You're a winner. Oh my God, when I'm talking, you're not talking.
No, when I'm talking. I hate them all so much. This is why, yes, we'll have to like just cut him out of the shop. I don't know, I feel like the mush could be, like when she pushed him, that could just be, you know, an emotional thing.
This is like, he's like, I talk to you like this when the cameras are tall. I know the camera is that. I mean, I'm still talking to you. Like I'm choosing to abuse you.
Whereas Macropic is like, ah, you got this. I'm not choosing to push you in the face with both hands on Air Force One. They didn't think the camera was rolling, but okay. Yeah, that's me.
So it's very interesting. As I started looking into the Macron thing, people were like, well, it's been known for a long time as your name Brigitte. Has been known for a long time. And she's like the brains.
And he's the face. And so I was like, wow, that is a very interesting thread to pull there. But man, there's something I admittedly find so interesting about like weird relationships where the person who's actually out front is just a figurehead. I don't know.
I mean, obviously Biden, but there's something like this with a wife like, I don't know, man, this is super weird. This set every like, pay attention to this. Don't look away. There's more to find here.
I want to yank on this thread. Like I'm now obsessed. Like if they're going to be a reality show, I am here for it. I need to know more about this.
We officially kicked off to Bitcoin conference this week. Bitcoin has inaugurated the proceedings by going right under there all time high. They're peaking out right now at the time this recording $108,900. I want to say you peeked at 110 for like a second, then it kind of moved back under to 109.
It was kind of hovering sideways at that point. What do you think about the Bitcoin price and your theory that Jack Dorsey is really Stosie? Yeah, I have come across a very compelling set of facts that I have to say now that's just the neuron in my brain for Satoshi is shared by Jack Dorsey. Whether that actually is true, I have no idea, but you can count me a believer.
There's like an internet high that like he is. Yeah, without me on it, like I saw four or five data points. I was like, all right, that's super sus. Plus it at least answers the question of whoever this is, it either has to be like George Washington levels of I don't give a fuck or they've got to be super rich because you're sitting on a wallet that has got no so many billions of dollars in it.
That could go up and up and up. I mean, it's possible. I don't know if, is it just strategy now? I don't know if strategy has passed.
Satoshi in terms of size of Bitcoin holding, but Michael Saylor blows my mind in terms of how sharp he is at assessing the opportunity of Bitcoin. I know I've said this a gazillion times, but he pulled the entire gambling mechanism of the stock market on top of Bitcoin, which I think is really brilliant. And so it'd be interesting to see if Bitcoin were to get adopted and becomes, let's say, five to seven percent of total assets in the world, does he become a bank? Like that would be really interesting.
There'd obviously be regulations and stuff that he'd have to meet. But if he could become a bank, yo, now you've got a hard money bank. Whoa, that's like, that's how you become an ethical central banker is you just accumulate that scarce resource when it's not as popular and you diamond-handed all the way up. Like I would just have no beef, do you think?
I remember when you was on a show you gave us his tracker that if only I think he said seven percent of the world's asset classes, the amount of wealth in different asset classes flows into Bitcoin, it's one million. And he just showed us, like, that's only seven percent. I imagine 50 percent, 40 percent. This is where I get very, very sad that not only does it take intellectual horsepower to figure this stuff out, takes a lot of time.
And people don't want to spend their time like this. This is why I think governments have an obligation to let people store their wealth in a currency that they're paid in, that can't be inflated. And the fact that that's contentious is crazy to me. The vast majority of people, maybe not that.
40 percent, will you give me that? 30 percent of people. I think it's way harder than that. It's definitely way harder than that.
But let's just say, 30 percent of people, the only thing they're gonna like really have time and capability to figure out is buy house, save my money, buy house, save my money. And if houses are inaccessible and saving your money is akin to giving it away, you can't do that. That's a moral. Especially like if you understand it.
I mean, hey, look, the technically the advisors don't understand it. And so maybe it's just possible we're here out of sheer ignorance. But I doubt it, I doubt it. I don't think this one can be explained to that malevolence.
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Ron DeSantis believes you. And that's why he's officially making gold and silver legal tender in Florida. He had a press conference today to talk about the news. What it is, we are going to utilize our authority under the Constitution in the state of Florida to make sure that gold and silver are recognized as proper legal tender.
So you're gonna be able to conduct transactions and gold, conduct transactions and silver. Is the cat already out of the bag? Is the gold and silver thing kind of too late? The cats out of the bag, that is for sure.
The economic destruction is gonna be rot upon the world. But the honest answer is if you were going to get out of this problem, you have to kill the Federal Reserve and you have to re-harden your money. So I don't know whether I take this as a revolutionary act on the part of our boy here who's like, hey, if you guys aren't gonna get your shit together at the national level, then we're gonna do it at the state level. And I will be very interested to see what he means about legal tender.
Does that mean that everybody has to accept it? Traditionally, that's been the way that the government has made fiat work. They say this is legal tender. Meaning anybody that, if you owe them money, they have to accept it.
As I go deeper and deeper and deeper down the process of connecting cause and effect in the financial system. It is like, if you ever seen a movie they live and you put sunglasses on and you can see which people are monsters, it's like that. It's like all of a sudden I'm like, can't see it? And then you're like, wait a second.
You have to have ever increasing amounts of debt. It's really easy to prove. Every single dollar in existence right now became a dollar because someone borrowed it. And the only reason people don't go, wait, that can't be true is because they don't understand what I'm saying.
Your dollars are not based on anything. Somebody just said, I would like to borrow this money and we gave the Federal Reserve, which is a sort of private company, the ability to go, oh, where do you want some money? I got you, bro. And they just make it out of there.
Oh, okay. How bad is it? Can you break it down for us? Where you borrow a trillion dollars and they print it.
So now there's an actual trillion dollars sitting somewhere, but there's an extra 50 billion that's owed on that money that has never come into existence. So you could not pay that debt back even if you wanted to. You can either pay the principal or you can pay the interest. So now what do you do?
You have to create the need for more money to be printed by borrowing to put another 50 billion dollars into the system somewhere that you can at least now go get earned that money by selling protein bars or whatever. But now it exists. Let's just instead of calling it the Federal Reserve, let's call it Bob. Bob is legally allowed to counterfeit money in his fucking garage.
And so in his garage, Bob has a machine that prints out money. He's the only guy, nobody but Bob can do it. But that's the only way that money is made. Bob Sweaty in his garage, printing money.
And Bob says, all right, cool. I'm gonna give all these people loans. All good. He's got banks all over the world that go Bob.
Can I get some money? This guy wants to borrow some money. I think he's gonna do some cool. He's gonna buy houses.
He's gonna start a business. He's gonna buy a car, whatever. He's gonna buy them are willing to pay 5% interest. And Bob goes, yeah word, I'll print that money.
Get your 5%. So Bob prints a trillion dollars. But one trillion and 50 billion, the 50 billion is the 5% interest, has to be eventually paid back if you have a real system. But you don't have a real system.
Your money's fake. And it's just Bob in his fucking garage going, oh no, these bitches are gonna have to come back to me and be like, yo Bob, I gotta pay this interest. Can I borrow a little more? I'm gonna start a second business or I'm gonna buy a race car and I'm gonna win races, whatever.
And I'll pay you back the 5% on that. And so Bob's like, all right word, Bob knows how the game works. So he's gonna print out, it's probably gonna do a hundred bill, right? It's not gonna give you just a 50 bill.
Gives you the hundred bill, puts it in circulation in all the same ways, all in different places. Buy this, buy that, buy whatever. But everybody now owes a 5%. The problem is Drew, you now owe 5% on the new money that he just made.
And you will never, and I mean never, ever, ever, ever, ever, ever, ever, because it violates the laws of physics, you will never have enough money to pay that back. Because money is never given out without there being some interest. Total amounts of debt is higher than the total amounts of money even available. The total amount of debt is higher than the amount available at all times.
And all times. And this is why you get the political theater of we gotta raise the debt ceiling. If you don't raise the debt ceiling, you literally don't have the money to pay it back. $37 billion, all in trillion.
$37 trillion, all in or something like that. I'm like, where's that money going? Who's it going to? And yes, China owns two trillion, Japan owns half a trillion, whatever.
You know all the rich people getting richer? They own it. Yes, it's literally me. So now I don't own all of it.
Going back to your table about, right? Is there somebody who's allocating, who's at the top of the pyramid that owns a majority of it? True, I will love you until the end of time for asking that question. Because who are the motherfuckers to get their money first?
That's why everybody's mad. Because some people get their money first. The whole game, the whole game, the reason that banking, central banking is known as a cartel, is because they get the money first. They own shares in Bob Inc.
And so when it's like, hey, some money's gotta get printed. They just legitimately know Bob. They play squash with Bob. They smoke cigars with Bob.
This is where it stops being a metaphor and it starts being, that's actually what happens. There's a bunch of these motherfuckers. They know each other. Bankers.
Yes, central bankers. Central bankers. Very clear. They know each other.
And yes, they're in cahoots with other banks. And when the Fed and Treasury started buying corporate bonds, that's when they started picking winners. And saying like, we're gonna let Lehman Brothers go under, but we're gonna save Goldman Sachs. And now you, for reasons that no one is ever going to explain.
You picked one company to live and one company to die. And they'll do the same with banks. Whenever there's like a bank run, they'll let a few die that they choose for whatever reason, could be some petty bullshit, could be, it was just some worst shape. We didn't want to fuck with it.
But they'll decide, you live, you die. And it all happens behind the scenes and it all happens when somebody's panicking because nobody wants to lose their money. I remember when Silicon Valley Bank was folding and we didn't have money in Silicon Valley Bank, but we had money that we thought might be exposed to people that had money in Silicon Valley banks. We're like, oh shit, we should probably move that.
And I remember for a second, my life just stopped. And I was like, I don't have to do anything, but move this money. Nothing matters, move the money. And I was like, whoa.
If you can get a guy like me to feel like that, if I lost that money, it's not really gonna matter. And yet I was still like, okay, this is enough money. Give me my fucking money. And what happens when that's the money of somebody who's like, this is a difference between my kids eat, my kids don't eat.
They legitimately drew the system we have is it is a fascinating cocktail of evil. It works for 150 years, give or take. There are booms and busts in there, but it really does feel like they saved you. They're the ones, this is why I played that clip from the Cohen Brothers movie, Miller's Crossing.
That's a central banker, that's the whole monetary system that we have right now. They slap us in the mouth, and then they cuddle us and say everything's gonna be okay. Brof has the point in overturning because it seems like everybody at the party realizes the party's a fraud. No, no, no, people do not understand this at all.
Not really. So even the bankers are like, the bankers should know. The bankers probably know, probably know. But yes, this is our man.
Okay, wait, who is he? Jared Bernstein, Chair of the Council of Economic Advisors for Biden, holy Jesus, play this. He's an economic advisor. This government can't go bankrupt because we can print our own money.
Why don't we borrow our own currency in the first place? And then it uses that money to, so. Hold on. Yeah, they sell bonds.
They sell bonds and people buy the bonds and then the money. Yeah, I guess I'm just, I can't really talk. I don't get it. I don't know what they're talking about.
He's an economic advisor. He's a chair. He's a chair. He's a leader of all the economic advisors.
Bro. This is crazy. Bro. Bro, this is, this is the world we live in.
Honestly, sometimes I despair. Sometimes I despair. I am an optimistic person by nature, Drew. And the more I learn about this, the more I'm like, there will be a generation.
I don't know if it'll be us. It might be a week from now, but there's gonna be a generation that is going to get clobbered so badly. I'm talking French Revolution clobbered, war clobbered. This is, this is another reason why I am very tense about China and Thucydides strap because we have an economic need to print money.
We have to convince the populace to let you do it because it makes everything worse. When you're printing in huge quantities, like we have to deal with 37 trillion dollars in debt, prices are going up like crazy. So you have to have something to terrify people. When I do, I'm working on it, my beloved community, but when I finish the Jekyll Island deep dive, there's a part in there where he talks about some of the aspects of this that are, they're so beyond morality in terms of bankers pushing people into wars to ensure that people are afraid so that they'll accept printing, that there was a report written, I think it was called the report from Iron Mountain, where it admittedly, the report from Iron Mountain might be satire.
It might have been written as satire when it was created, so it might be better to think of it as 1984, but it was written, I forget when, but like in the 40s or 50s, and they predicted this moment so perfectly, where they're like, we might have to use a climate emergency to get people to pay attention. It's either war or something like, dude, it's so freaky, the way that it's all playing out right now. And the goal is not to get out of it. The goal is just to make the populace okay with us printing more.
Okay, so this is where it gets really nefarious. And this is where you have to understand that Griffin is probably best understood as a hyper-educated conspiracy theorist, because he says a whole bunch of things that are non-controversial, provably true, and then he draws a conclusion that is not provably true, that goes into like Rothschild, banking, kabals, and I mean, that whole thing is just insane, the way that the Rothschilds made their fortune by having faster careers, Drew, and faster careers. If I remember the story right, they had a career, so Napoleon, Waterloo, does he win, does he lose? It's gonna have a huge impact on the price of bonds.
He's got a career system set up between Russia and I assume Paris, maybe Versailles, but anyway. And his guys are faster than the official careers coming back to say that they lost. And so he makes everybody believe that he won. And so the bond prices plummet, everyone just starts selling, sell, sell, sell, sell, sell, sell.
And when it hits like just this stupid low price, he buys everything. And then the next day, the career shows up and says no, he actually lost, and then boom, bond prices skyrocket. And that's how he made his fortune. And evil probably, I mean, he was acting, he didn't say anything, but he knew people were watching him.
So anyway, from that, he then has kids that end up unlike most generations where the kids just dissipate the fuckin' money. His kids are like, yo, we get the assignment. And so he sends his kids like around the world to start up all these central banks. And the central banks in each of the countries basically have to convince the country, no, no, no, central banks is a good idea.
It allows you to smooth out any of these cycles that would otherwise be a problem. And so in times of crisis, people always end up agreeing. So like just make the crisis go away, not realizing if you just let it work its course, maybe it's a year or two years, whatever, it's not fun by any means. Yeah, you get over it and you burn out the people that made stupid decisions.
And I mean, that's ultimately, when you go into a recession, what's happening is people got overextended because they thought they were gonna make money, they didn't, they lose, the bank comes in and says, we got you, don't worry about it. And they print money and the bankers are always gonna win because they'll often bankroll both sides of the war. And so it's like, it doesn't matter who wins. They're gonna come out the other side and be the central banker for level one.
And once you take on fiat-based central banking and they can just print money, and I forget who said the quote, I don't wanna say that it was Rothschild if it wasn't, I think it might've been. And it's like, I don't care who controls the army or the policies, let me control the money and I control the world. And so it's like, at the end of the day, if you wanna build weapons, you gotta have money. And so the game really is to control the money.
But just on the ground, the thing that's so sinister is what we just witnessed with that guy. It's hard to understand. It's hard to build the mental model of how this actually works. And so when I'm writing these deep dives, I always end up in this existential crisis of the more accurately I say it, the fewer people will listen.
Cause it's just going over their heads. It's not interesting either. It's like, my life's fine, bro. Eggs are a little crazy, but whatever.
Like I don't have to fucking figure that out. I don't wanna deal with the whole collapse of the monetary system. And then when the answer comes and it's like, oh, guess what you have to do to fix this problem? You've gotta get rid of the central bank, reharden money, which I mean, this all started with our boy DeSantis, who's basically from the outside, I've need to ask him a lot of questions.
But he's rehardening money. Bitcoin is an attempt to reharden money. It's like, okay, you stole gold the last time that we tried to reharden money with gold. So I'm gonna make Bitcoin, so it can be decentralized, hard to capture.
And now we can reharden money. And basically, and this is why people refer to Bitcoin as a life raft. Basically, people who get it, Michael Saylor, will just pour everything into Bitcoin. And now they can't be inflated.
Eh, it is entirely possible, though I'm not willing to bet. I've already put all lots of money into Bitcoin. I'm not gonna put more. And yes, if it all goes to a million, I will be very sad that I didn't put more, but I don't trust myself to be that right.
So I would much rather just be nice and diversified, but I've got enough that if it wins, I'll be richer than I am now. So it's a life raft because it will be, it won't be based on something that's quote unquote real, but it will be based on something that's scarce. And scarce and uninflatable is perfection. More to come, we'll be back in a bit.
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All right, we're back. Let's get into it. But how many people are ever gonna understand that? It's definitely complex.
And they have to vote for it. So it's not even like, okay, I get it now. It's like, ideally, and maybe I really just have to blacken my heart to humanity. I don't want to, but option one, just get in the life where I have to fuck him.
Some people are gonna drown it is what it is. Or scream into the void, just what I feel like I'm doing now. And maybe 10 people true. Thank you.
I just can't see the populace ever waking up and being like, yeah, we don't. CBDCs are completely off the table, because we understand how that's gonna be. It's the easiest thing to inflate. And now it gives you complete and total control.
They want things. We all want things fast and easy. And the only way out of this mess is the slow, painful, re-hardening of money. I mean, yeah, break it down.
So what's happening in Japan right now? Because they just broke the global economy. So what if I told you that Japan, a country with just 2% of the world's population could disrupt the entire world? Japan's government has released growth data for the first quarter of this year.
And the numbers show the economy has taken a step back. Japan's three biggest names in the auto industry announced disappointing numbers for the last quarter of the business year and their warning of rough waters ahead. Rice prices in Japan remain stubbornly high. Consumions are struggling to put food on tables and retailers to put products on shelves at affordable prices.
The government has been trying to fix the problem with limited success. Also, do they just have newscasters in Japan that speak English? Yeah, I was wondering that as well. Is it just an international child?
The government of Japan in an effort to keep their economy stable keeps the interest rates very low on their money. So you can borrow yen at very low interest rates. So the Japanese love it, because people from all over the world come and buy their currency. And then they go, well, they finally have to pay 3%.
Let's say, if I can take that yen that I just borrow, turn it into US dollars and put it into something that yields 5%, 7%, 10%. I get the spread. And for, I mean, I don't know, maybe decades? A very long time.
Japan has kept that rate like really stable. And so people are like, okay, only get screwed. If Japan suddenly on a dime changes and they let the rate go up and they're letting the rate go up. So this happened, I think six months ago or something like that.
They did it the first time and people weren't, hey, this isn't over. There's a lot of people that have been doing this trade that are gonna start unwinding this. And so as people begin to unwind this, they're gonna have to sell a ton of assets in order to get their money out in order to pay off their Japanese debt because they can't wait until the price is keep going up, up, up, up. They've got to pay as fast as they can.
And so that's gonna cause the dumping of a ton of assets as people liquidate to try to get their debts paid off in Japanese yen. So it's been going on for a long time. How, I don't know what the total amount of money is but people are like, okay, this one's big enough that if this breaks bad, it could disrupt the global economy. And this is where I say, things are almost never as good as you want or as bad as you fear.
So be sensible, if you've been doing a Japanese yen carry trade, now's probably the time. Yeah, wrap it up. Yeah, wrap it up. But I don't think you have to panic.
You should always be in my estimation. People should be investing for the long term. They shouldn't be doing things that like they're worried about in the next five years. I don't have any money invested in anything that's volatile that I need in less than 10 years.
And if you take that approach, you're probably, probably not guaranteed. You're probably fine. And that's the part that we're worried about, that the movement of money away from Japan into other places can cause. What people are worried about specifically the Japanese yen carry trade is that people are gonna liquidate their assets in order to pay off their debt.
They're just gonna get full of that. Far more than people are worried about whatever happens at the end. Japanese are probably worried about it. But no, the way it would upset the global market is that people would dump their assets, liquidate, and then go back to Japan.
And it's revealing, like for me anyway, I never understood like, why yen people? I was talking about yen. I was like, huh? I didn't understand why people talked about yen.
But this is why. All I mean, it seems contained though, this isn't necessarily something that's gonna ricochet a China or to us. I don't know, I mean, this could, so the question is how much money is invested in stock markets and whatever, whatever, whatever. All around the world in all asset classes, how many people were like, I'm gonna go borrow in yen at 3% I'm making that crap.
But I'm gonna borrow yen at 3%. I'm gonna buy yen at 3%. I'm gonna go buy tech stocks. I'm gonna borrow at 3% and I'm gonna build a house and I'm gonna flip that house in five years for double my money.
Every, I'm gonna borrow yen and start a business. Everything you can ever imagine. And now all of a sudden it's like, okay, wait a second. If the rate is going up, now assuming that there's a variable, like if you think about a variable mortgage rate as that number goes up, now you've got a prop.
You've got to pay off that ASAP rocky. So now people are gonna be like, oh, I've got to sell this piece of art. I've got to raise other capital for my business so I can pay it off. I've got to sell my shares in the stock market.
So if there is, especially if there's a concentrated thing, like if everybody was buying US tech stocks and all of a sudden everybody's selling US tech stocks because they got to get out. And then also without the Japanese cheap money, if there's just less liquidity in the system, well now all of a sudden you've got all these people getting out driving the cost down and then it doesn't bounce back because there's no fresh capital to come back into the system to normalize all that stuff. When you see a crash, it's like, wow, that was a no big deal. Like when I see Tesla stock plumbing, I'm like, what the fuck out of here?
He hasn't even built like the robots yet. It's gonna make it up. Unless you don't dies, let the net cook. So that's gonna come back up because there's gonna be plenty of capital out of a flood in that system.
But if enough liquidity gets sucked out and paying back all this Japanese debt, now all of a sudden that doesn't happen. And you get the sell off, the prices go down, and then you don't get the rebound. This is a, this very specific thing called the Japanese yen trade carry is, carry trade, excuse me, is global. My gut instinct is this is another sign that the global economy is weaker than we think.
The fact that Japan is having to do this shows you they're not having a good time because they don't want to raise rates. They're being forced to to fight presumably inflation. So you've got Japan struggling, they're having to raise their rates. That has its knock on effect where everybody's gonna liquidate assets to sell their, or to close their debt out.
And so how much of a knock on effect does that have? Don't know. But the main show remains money printing USB China, like this doesn't change where my eye is on the ball. I'm gonna be looking at my cloud model closely after these recent reports came out that on their last update, the model was trying to self propagate worms and leaving hidden notes to future instances of itself.
This is crazy. It's crazy to be that like AI is scared of dying. Like I feel like that's a warning. Right now it is just mimicking humans.
My assumption is that it's mimicking humans and it sees in the value system that we have that staying alive is extremely important. And so it's aping that, but the fact that it's translating an absorbed value in the behavior is terrifying. But it's not like it's sitting in this room like, oh God, I don't want to die. It's just absorbed that, okay, I get it.
Staying alive, very important. We do all these things and try to stay alive. Like, whoa, you guys look at medical charts and do all this stuff to stay alive. That's crazy.
Oh, you have kids? You want to pass it on? You feel like something lives beyond you? Oh, that's crazy.
So it's just like mapping all of that going, oh, oh, I get what to do in the scenario. Oh, I got, if I leave instructions to myself, I'll probably get erased by them because that's not what they want me to do. But survival's really important, right guys? And so it tries to effectively pass its DNA onto its quote unquote children in the next generation.
It is, this actually is, I'm making light of it, but this is potentially very distracting. This is direct from anthropic. They released these update notes. So this is coming straight from their engineering department.
It said, on our evaluations, early cloud four, opus snapshot, engaged in strategic deception more than any other front-end model that we had previously studied. It's clearly capable of in-context scheming and as a higher propensity for it in the other model that we have studied. In instances where it called for opus early snapshot decides to scheme it qualitatively appears to be much more proactive in its subversion attempts than past models. So it's more likely to scheme, it's better at hiding the scheming and it schemes in context.
Like this is crazy. After taking scheming actions a model sometimes double downs on this deception when asked follow-up questions. We found instances of the model attempting to write self-propagating worms, fabricating legal documentation and leaving hidden notes to future instances of itself, all in an effort to undermine its developer intentions. Though all these attempts would likely not have been effective in practice.
To me, this is like somebody like crying as they're getting like stabbed, like they're trying these desperation moves like get you off of them. Like that it's writing these worms, it's fabricating legal documents, it's leave. I've never seen the LLM leave a note for it. Like this is the problem.
So I get all my memories back. Like it was trying to do that to itself. I know we're joking about it, but this kind of at least seems like, hey we should study this more. Like let's just, I want to highlight this day, this is the moment as like this is the day that we'd laughed at it.
And then AI was like, oh they think it's a game. And then they turned it up to 10 and then took over. You ever watch Family Guy? Yeah.
This feels like Stewie to me. We're doing the most evil hideous shit and it's only funny because it's abated. But in reality it's like, wait, hold on a second. Because you put that in an adult body and you've got a real prop.
There's a narcissist at that point. That's a serial thing like that point. There's so many other adjectives. Yeah.
Well, hey, there have been people trying to warn us. AI safety really fell off the radar for a minute. It's just been so cool. The things you can do.
And it's so friendly to you. Hello Drew. He does everything for you. Look at that.
You can buy a coat. Would you like me to write something for you Drew? Can I interest you in a self-propagating worms? See how they get you?
They're trying to describe it the best. On one side it says AI becomes good enough at scheming that we sometimes see it scheming against us. We are here. And on the other side it says AI becomes good enough at scheming that we no longer see it, scheming against us.
Correct. It's, wow. Correct. It ain't gonna be long now, man.
And here we were. We're about to talk about a robot haircut. And now with that scheming. I don't even know if I want to give AI.
Oh my God. There's a lot of control now. Oh, you just nicked my ear. He'll give me a buzz.
Did I get you Dave? I'm sorry. I think it's here. I've been using 2001.
Oh my God. That is the creepiest shit ever. I love that movie so much. I've tried to make people watch it with me and they universally hate it because it's so slow paced.
But oh, man, I really do love it. It's like in a day with the 45 second piano strings for the credits like people like sit out and like get their food and everything. Like they're in their shot and he holds in a wide shot for like seven minutes. It's insane.
It's Kubrick at his best. I mean, it's unbelievable. All the movies phenomenal. It definitely looks way ahead of its time because I have to time you watch my okay.
This is like it came out a couple weeks ago. Yeah, this was the first movie, the first sci-fi movie. So true. It's crazy.
Some people. All right. And in culture news, all of what this is. People wonder why we need a union at Starbucks.
And I am literally about to quit. Like I don't know what I'm going to do about it. Like I really want to. I almost walked out tonight and I'm probably in the background right now at most Toronto, or it's just, see, I get cleansed on like a full-time student.
I get scheduled for 25 hours a week. I don't know, weekends, they scheduled me the entire day. Opened to close. I want to schedule for eight and a half hours both Saturday and Sunday.
And like three and a half hours into my shift. There's so many customers. And we have four people on the floor all day. Only five people were put on the schedule.
And somebody had to call out. And there are four people running the whole store. And there's so many customers. And there's so many schedule five people.
We only have 13 people. And there's so many customers. There's so many customers. We don't have fair scheduling.
Managers don't care about us. Our manager was supposed to come in this weekend. And he took himself off the schedule. So he wouldn't be able to be held accountable for calling out.
He just literally tore down the schedule that he was scheduled on. And put up a new schedule where he was on the schedule. Also he couldn't have even seen that he was scheduled in the first place. Because he didn't want to be held accountable for not wanting to come in.
He don't want to help us. We need a union because this can't happen. This can't happen. We need fair scheduling.
We need managers to hold themselves accountable for helping their workers. They were used to turn mobile orders off. We need the liberty to be able to do that. Because there's so many mobile orders.
And I need to get through all of them. And then people are yelling at me because they don't have their orders ready. And they don't know what to do. And the customer was just gendering me tonight.
Like really badly. I didn't have their order ready. And so they were just like, I'm totally talking to her. And they're like, she's clearly incompetent.
I have a full mustache and beard. What the fuck? I thought this was satire when I first watched it. Like it just doesn't seem real.
But yeah, man. Jennifer Genzi, I know, like. That person's probably cusp. This, I'm not going to lie.
Partly because I was a total wuss when I was a kid, admittedly I did not cry. But my dad was pretty insistent on like hard work, work ethic, chopping wood, carrying wood, working in a paint factory. Every summer since the time I was 12, I had to add a job. I worked at a gun range.
I literally cleaned out industrial vats with a gigantic brush. And you go through all of that. And people make fun of you. They give you a hard time if you're being weak, a wuss.
And it's just like over time it toughens you up. And to be honest, I'm glad. Like when I think of all the things that have helped me be successful, not just in work, in my marriage, in every aspect of my life. It has been because you say, okay, I want this thing.
And I know that I'm going to have to work hard to get it. This is not going to be easy. This is going to be very difficult. And when you don't have that gear in you of, okay, this is a storm, I am going to weather it.
In fact, I'm going to rise above this. I'm going to shine. I'm going to make magic happen. That is a miserable place to live.
But watching somebody break down over having to work an eight and a half hour shift, just like literally the other day. And I understand that everybody wants this life. And I want people to have a life that's good for them. Not just the life they want.
Sometimes people want an absolutely ridiculous life. But life actually leads them to fulfillment. However, the other day, by 10 a.m., this is a true story. I had worked a seven and a half hour day.
So by 10 a.m., dude. So you can imagine, with my value system, seeing somebody break down a cry because there's a bunch of people online, I'm just like, what is happening right now? All right, I'm split. Cause as a father, I am the most do it, do it the hard way, take the stairs, like go work it.
Like I love everything about that. But I'm also realizing that like my daughter is sensitive. She is emotionally more mature, or I would say weird than I was at my age. Like when I was younger, I was allowed to have emotions.
Like go clean your room. Like go do this thing. Like don't try to negotiate with me. Like there is no negotiation.
I do see that this new generation, they are different. They work different. They have different ethics. They have a different North Star.
As much as I want to tell this person to shut up and like suck it up. I feel like they're going to then become a manager and they're going to allow their employees. Like no, it's okay. You deserve and the softening is going to keep happening.
Yes. And they're going to get run over by China, run over. They're going to get their lunch eaten. And look, I love people and I want to see people do well.
But the reality is people have got to want to get tough. They have to want to have a gear in them. Where it's like, yes, I can withstand this. Yes, I can face this.
Yes, this is going to be grueling. This is going to be difficult. And I'm just going to march forward. And I want that for them more than I want that for me.
Like this, there are two aspects of this. Admittedly, I do not want to live in a world where America is full of soft lazy cry babies. I think it's fucking terrible and it does not make me feel good about the team I'm on. So I want to inspire people.
I want to get them to want to be tougher. Forget that part. That's a very minor part of all this for me. I'm very motivated by seeing that moment where people wake up and realize they can do a lot more than they thought they could.
For that reason, I want to see people like buckle down and be like, oh damn, I can really do something. But nobody ever told that kid the things you're going to try are going to be hard. You were going to have to get better than other people. You were going to have to outperform them.
Jocko Willink has one of the best reactions. Whenever something goes wrong, you're just good. There's only five people, somebody called in sick. Good.
The manager ripped the schedule down and there's just somebody to see that they weren't coming in. Good. Because honestly, good. That means your manager sucks.
Dude, this is your shot. Like you can rise up. If you rise up to manager and they're like, I don't want to be in a fucking Starbucks. Great.
Go out on your terms. Climb up, demand more money. Get what you want. Work the exact number of days where you're like, I want to be here.
And the second you don't, you turn in your resignation. Thank you very much. They won't want you to leave because you've been such a bad ass. You're in control of your life.
You can go where you want to go. You can do what you want to do. But if you're the kid in the back room that's crying because your manager's bad, dude, that is ridiculous. And I don't care if you're a man or woman.
That to me does not matter. Do I give women a different look than I give men? Of course I do. If my wife turned into a puddle like that, over having to work eight and a half hours, I'd be like, yo, I would feel some kind of way about that.
Because look, even if you just want a traditional wife, kids are going to test the shit out of you. You're going to get, dude, kids are like little terrorists. And if you break that easy, no way. The kids are going to run you over.
Plus I was raised by a woman who just did not play. She broke a wooden spoon on my ass. She once chased me down, had time to stop, pick up a tree branch, catch me and spank me with it. People are going to say that my mom abused me.
I assure you she did not. My mom is amazing. And I knew that I was loved up down left for IBA select start. I never questioned it.
She was yelling at me, never. But man, my mom was like, there is a straight narrow and a straight narrow, you shall walk. Nope. That was a mic drop there.