NUGGETS: AI bro on AI crime, Apple chair takes $20m, Conoco CEO’s my bad, Murdoch identifies Australian episode artwork

EPISODE · Sep 9, 2025 · 34 MIN

NUGGETS: AI bro on AI crime, Apple chair takes $20m, Conoco CEO’s my bad, Murdoch identifies Australian

from Business Pants · host Matt Moscardi

DAMION1Let’s start with some shameless self-promotion: In our 'So it's theoretically possible you can NOT like someone on the board!' headline of the week. Jim Cramer Likes A Casino CEO Board Member Of AppLovin Corporation“He’s also on the board of AppLovin by the way, which makes me feel like AppLovin’s okay.”In our 'Of course I'm independent, you moron! I've only been on the board since Clinton was President, not like Reagan or something! Not to mention I've barely been chair for like a minute, since Obama was president, and he's still alive! And 20 million dollars is nothing! COO Jeff Williams made 27 million last year, dummy.' headline of the week. Apple’s Chairman of the Board Sold More Than $20 Million in StockIn our 'Hey Ma, I just crashed our car! But if I promise to NOT do it again if you give me a million bucks?! Ask Dad.' headline of the week. The Tesla directors who just proposed giving Elon Musk a trillion dollars say it’s “critical” he stay out of politicsIn our 'A college dropout and a racist walk into a bar...' headline of the week. Hot mic catches Zuckerberg admitting his $600 bn vow to Trump was a guess“Oh gosh, um, I think it is probably gonna be, something like, I don’t know, at least $600 billion through 2028, in the US, yeah.”In our 'The SEC proposes "Interim CEO" to become a permanent C-suite title' headline of the week. CEO Scandals: Viral Outrage Forces Top Executives OutIn our 'Proxy votes: where morality goes to abstain' headline of the week. Korean Pension Fund Balances Profit and Principles in U.S. Proxy Votes In our 'Are you done writing your little 'book' for the day? Here's 10 dollars.' headline of the week. Anthropic agrees to pay authors over $1.5 billion for using their work to train AI, totaling around $3,000 a bookIf you include all realistic hours, an author paid $3,000 per book typically ends up with about $1.20 to $10.00 per hour, depending on how much work the project actually requires.For most full-length books the realistic band is ≈$2–$6 per hour, and for research-heavy projects it can drop to $1–$2/hr. These numbers are before agent commissions, taxes, and out-of-pocket expenses — which would reduce take-home hourly pay further.Net worth: As of September 2025, Forbes estimates Dario Amodei's net worth to be $3.7 billion In our 'In other news, water is still irritatingly wet' headline of the week. Leaked DMs Show Elon Musk Blatantly Lying About Self-Driving Safety In our 'CEO Who Created AI Startup to Cheat on Homework Complains That AI Is Destroying Education' headline of the week. CEO Who Created AI Startup to Cheat on Homework Complains That AI Is Destroying EducationCEO Chungin (Roy) Lee: college dropout“Cluely is building the ultimate conversation AI that gives you the answers you didn’t study for in every conversation, without you even having to ask. We're built for students and professionals.”“We're backed by Andreessen-Horowitz, Jake Paul, and execs from companies like OpenAI (ChatGPT), Cognition, Notion, Dropbox, and Pika.” In our 'Capitalism: now featuring free WiFi!' headline of the week. The 'godfather of AI' says it will create 'massive' unemployment, make the rich richer, and rob people of their dignityGeoffrey Hinton, who won the Nobel Prize for his pioneering work on neural networks: "What's actually going to happen is rich people are going to use AI to replace workers."And finally, The Cigna CEO David Cordani Nuggets pop quiz: Here is the headline: WHO adds GLP-1 weight loss drugs to list of the world's essential medicines for the first time. Here are your Nugget-y options:Cigna CEO Cordani calls them essentially “not our problem.”WHO says GLP-1s are essential; Cordani says they’re essentially a threat to his quarterly bonus.Essential means life-saving to WHO; Cordani asks, "When did Webster's change the definition of 'essential' to ‘profit-killing’?WHO says essential; Cordani says: “my yacht is essential, your pancreas is optional.”WHO says essential medicine; Cordani says essentially: “try kale, it’s cheaper.”MATT1In our '"Out for themselves" sounds bad, how can we make it sound almost, like, medieval and cool?' headline of the week. What Machiavelli and St. Francis can tell us about the motivations of CEOsThere are very high correlations between desire for power and CEO motivationsIn our 'Bully who punched you in the face points way to the hospital' headline of the week. To Help Workers Losing Their Jobs to AI, OpenAI Is Launching a Jobs Platform Run By AIIn our 'Totally my bad guys, I spent the summer on Bob Niblock, our lead independent director's boat - you know we've known each other for as long as I've been on the board, going on 14 years.  I mean, between the sun and the rose, I didn't notice we had no money to pay you.  That's on me.  I mean, you're still fired and stuff, but totally my mistake.  Really, I mean wow, just totally blanked on that.  Good luck with your lives, though, I really mean that.' headline of the week. I fault myself for not paying more attention,' Conoco CEO tells employees facing deep job cutsLead “Independent” director has a 16 year tenure and 13% influence, possibly wasn’t paying attention since he’s on two large cap boards and just quit a third, across which he had more than a half dozen committee spotsIn our 'The board released a statement suggesting that the mistress to the CEO's mistress mislead them into thinking there was no wrongdoing' headline of the week. Fired Nestlé CEO Laurent Freixe’s mistress caught him cheating with another subordinate in Swiss hotel: reportIn our 'The Department of Justice has announced a new investigation into whether Amazon Alexa will only provide directions to "woke" destinations, shares of Amazon plummet' headline of the week. Tylenol-maker shares sink after report says RFK's HHS will link drug to autismIn our 'Mary Barra, CEO of GM, asks that you not think of GM as just a car company, but as a tech lifestyle company, right before asking for $1tn pay package' headline of the week. Elon Musk’s $1 Trillion Pay Proposal: Redefining CEO Compensation in the 21st CenturyIn our 'Seriously, we have no shortage of cousins and nieces and distant half children, our succession process is incredibly robust and impregnating.' headline of the week. Tyson Foods says it has succession plans after executive's shock departureThe meatpacker said late on Tuesday that Chief Supply Chain Officer Brady Stewart, who has also overseen its beef, pork and prepared foods businesses, ran afoul of its code of conduct.In our 'I identify as Australian' headline of the week. Who Is Lachlan Murdoch, the Media Prince Who Would Be KingNow the global Murdoch kingdom will fall under the control of an intensely private former philosophy student, a New Yorker turned proud Australian who transplanted his family to Sydney... Mr. Murdoch has frequently talked of Australia as his spiritual home.... “I’m Australian,” Mr. Murdoch told The Australian in July 2024. “That’s how I see myself.”In our 'MEN ARE BACK, BABY' headline of the week. ‘I’m Gonna Punch You in Your F--king Face’: Scott Bessent Threatens an Administration RivalGay ex-democrat Soros billionaire threatens to punch nepo baby conservative in the face? In our 'MEN ARE BACK, BABY' headline of the week. Trump's Epstein letter and drawing from 'birthday book' released

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NUGGETS: AI bro on AI crime, Apple chair takes $20m, Conoco CEO’s my bad, Murdoch identifies Australian

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