Jeff Bezos Calling Out NYC's School Spending, AI Philanthropy, and the End of Frugality | State of the Timeline

State of the Timeline 20th May 2026MTS is a live news and interview show covering technology, business, politics, and culture as it happens.Follow MTS: X |⁠⁠ ⁠⁠⁠⁠⁠https://twitter.com/MTSlive⁠⁠⁠YouTube |⁠⁠ ⁠⁠⁠⁠⁠https://www.youtube.com/@mtsituation⁠⁠⁠Spotify |⁠⁠ ⁠https://open.spotify.com/show/4HUNNmV1pjV7CW6Lphm1rM⁠⁠⁠ Apple |⁠⁠ ⁠https://podcasts.apple.com/us/podcast/mts/id1891088763⁠⁠⁠ Substack |⁠⁠ ⁠⁠⁠⁠⁠https://mtslive.substack.com/⁠⁠⁠--Brought to you by:Granola - The AI notepad. Try it once and never go back. ⁠⁠https://granola.ai/mts⁠⁠Kong - The AI connectivity platform. Connect APIs, LLMs, agents, and systems with serious security and governance. ⁠⁠https://konghq.com⁠⁠Blitzy - Autonomous software development for enterprise codebases. Ship 5x faster. ⁠⁠https://blitzy.com⁠⁠Merge - OpenAI, Dropbox, and Ramp use Merge to get AI to production faster. ⁠⁠https://merge.dev/mts⁠⁠AdQuick - Make your brand a billboard. Out-of-home advertising as easy to scale as digital. ⁠⁠https://adquick.com⁠⁠Macroscope - AI codebase understanding for engineering leaders. ⁠⁠https://macroscope.com/mts⁠⁠Timestamps:(00:00) Introduction(08:34) Populist Backlash and the Ethics of Billionaire Wealth(11:24) Tax Reform and the Inefficiency of Government Distribution(17:54) The Washington Post and the Relevance of Profitability in Media(22:21) Evaluating Public Spending and Educational Outcomes in New York City(23:59) Strategic Philanthropy and Building a Silicon Valley for Public Goods(31:41) Economic Nihilism and the Death of Frugality in Gen Z Spending--Note: This podcast is not investment, legal, or tax advice, and is intended for informational and entertainment purposes only. Hosts and guests may hold positions in the companies and securities discussed; do your own research before acting on anything you hear.