Overtime – Episode #737: Mike Rowe, Tara Palmeri, Matt Welch
17m 6s
The panel discussion covers AI’s future impact, politics, celebrity health, corporate spending, military strategy, tariffs, and economic contradictions. On AI, Elon Musk’s prediction that robots will eliminate jobs is rejected as unfounded; panelists stress the lack of precedent and the impossible math of funding universal basic income without workers. Tucker Carlson’s potential 2028 presidential run is seen as a right-wing challenge to Trump, but a third-party bid is deemed impractical, with podcasting offering easier influence. Ariana Grande’s health prompts genuine concern, though panelists warn against overstepping boundaries. Bank of America’s $250 million on GLP-1 drugs is criticized as risky and possibly counterproductive, given potential side effects. Military readiness is questioned: depleted missile stockpiles are hard to verify, but the shift to cheap drones is praised as the future of warfare, especially against China’s production dominance. Tariffs are scrutinized through a small business owner’s burden, where added costs hurt competitiveness. Finally, the economic paradox—rising upper-middle-class wealth versus widespread paycheck-to-paycheck living—is dismissed as misleading; panelists argue the statistic is inflated by activist groups, while pointing to disability rolls and non-working men as real issues, advocating for broader market access to build wealth.
Welcome to an HBO podcast from the HBO late night series real-time with Bill Maugh. All right, here we are an overtime with the founder and CEO of MicroWorks Foundation. The host of the way I heard a podcast like, "Well, the editor at large of reason magazine goes to the fifth column podcast, Matt Welton, few likes, the red letter newsletter, and host the Terrapole marriage of Terrapole marriage." All right. First one is for you, Mike. What do you think when. I'm state fair living, that's for you. I will sign it for you later. What do you think when you hear Elon Musk say that in the future, no one will have jobs because AI will make work optional. He said that. I never heard him say it, but. Well, a lot of people are saying AI is going to take all the jobs. Yeah. Not your kind of jobs, right? Well, look, in time, Elon's saying there's going to be more optimist robots in three years than people. He's saying that the optimist robots are going to guarantee a level of medical coverage and excellence comparable to what the president's. What kind of robot are we talking about? The optimist, the thing he's making. That's going to be a call? Yeah, it's called the optimist. Oh. Well, that sounds good. Yeah. Well, why are we worrying? I'm optimistic. Optimist. No, I can't. I mean, look, there's no crystal ball and there's no precedent in history for that happening. Doesn't mean it won't, but I wouldn't bet on it. Yeah, I mean. The jobs you mentioned when we were talking before, you listed like eight or ten jobs. Like those kind of jobs, pipe-fitter. Short-term, those are literally AI-proof six-figure jobs. In the near-term, I do not know what's going to happen three or five years from now. I mean, it's all moving so fast. It's almost impossible for anyone to say. And the thing is. Like, what do we do? Well, panic. Obviously. Yeah, we panic. I freak out. I feel like they're going ahead with this without the plan B. Of like, what do people do when they don't have jobs? And then I hear someone say, oh, well, you know, the government will have to give a universal basic income. With what? Where's the tax money coming from? If no one is working to pay taxes. Where are they getting this money to give to the people who don't have jobs? That we've blown on a war. Broad, that we're losing. I mean, is it a war? Yeah. It's complicated. Yeah. Okay. For the panel, we'll Tucker Carlson run for president in 2028. Well, what do you have a lot of support as a third party candidate? That's coming up. I know why I read the story. Yeah. Tucker Carlson certainly sounds like a candidate because he did what candidates do this week. He released a 10-point plan for America. This is kind of candidate adjacent kind of stuff. And also, he smells blood in the water. Yeah. A lot of maggot is unhappy. They do not like Trump's war, as you just mentioned. They do not like the tariffs. They don't like high gas prices. The Corleon families being run out of New York. Yeah. He's running to the right of Trump. He's essentially doing the things that Trump promised. I mean, that's what he's offering in this 10-point plan that Trump is not doing. And I just think that I know your former guest, JD Vance, that he's going to be. He's going to be dragged down by Trump. I mean, if Trump's approval ratings right now are in the 40s and below, how is he going to come out of this being his right-hand man looking good? Nobody was a vice president ever goes on. I mean, Gore, Biden, tried. Obama told him not to. George Bush won. Yeah. George Bush won. Okay, that's fair. Yeah. But for the most part. William Henry Harris. Okay. Great question. I'm just saying here. Okay, fair. But it's just not looking good for him and Rubio too. I mean, this is just. They're both going to be dragged down by it. And the great thing about being a podcast host is you have no responsibilities. You can say whatever you want. And he does. Yeah, he should. He should have responsibilities to his audience, but he's not actually up to. Like, he's not given any responsibility in terms of. No. He's already a way up in the polls among smirking douchebags. [ Laughter ] We'll do that. You mentioned this. We'll work to the story and don't need them now. That's right. All right. Every four years, I have to be the buzzkill and say that starting a third party or an independent run of the presidency is really, really hard and detailed work. And so therefore, there's no chance in hell he's going to do that. It's much easier to be a podcast host. Okay. That's fair. Yeah. Panel. What are the panel's thoughts on Ariana Grande's announcement? Okay. I made a joke putting it in. I'm making fun of her. And we hope she gets well if she's not well. It's unclear. I mean, yes, she's thinner than you should be. That she'll be stepping back from public. Is this even a topic everyone should be talking about? Because I noticed that people talk about it like, oh, we're the good people. And we're doing the thing. We need to step in. And maybe that's true. Maybe we need to step in with pop stars, Britney Spears was another example of that. And people in show business, you know, it looks like a great life. I think it's been a great life. I'm from a different generation. Like, good things are actually good. I like good things. Real quick bill. What's going on? Oh, geez. Oh. Okay. What? Ariana Grande. Some years ago, she licked a donut. A little up like a tick. But she never finished it. This should have been the first sign. How many people can lick a donut and not take a bite out of the donut? That she's very thin and they're worried. Well, people are saying she's dying before our eyes and nobody is doing anything. I mean, it's on an erection. It's a horrible thing. Yeah. It's a real psychological syndrome. Right. Yeah, I'm glad as someone who's daughters who are quite fond of her that she's stepping a cycle. She looks unhealthy. She looks unhealthy. It's not my business or whatever. No, it's like, I hope that she gets better. Okay. What does the panel make of Bank of America spending -- oh, well, this is somewhat related. Spending roughly 250 million a year on GLP-1 medications for its employees. Bank of America spending -- it seems like a lot. I don't get it. So, like, Bank of America is subsidizing its employees for getting ozemic. That's weird because what I heard from Captains of Industry is they hate ozemic because it does take away your drive to eat. It also takes away your drive to work a lot. Yeah. I'm sure it messes with your energy, your flow, your life. It does. I mean, it does. It does. Yes. It's not -- I know. Scott Galloway was here last week. He says, he thinks it's more important than AI. Sorry, Scott. I'm not with you on that one. Maybe they want them to be miserable and then feel like they should work more because their lives are so terrible. I don't know if it's some sort of plant. I mean, how can we possibly know what this is going to do in two or three years? I mean, honestly. Exactly. That's a very long tail. It's amazing the way they jump so quickly at things. And it's like -- Yeah, scary, actually. Okay. How dangerous is it that the U.S. for the U.S. that our stockpile of cruise missiles has been nearly depleted due to the war in Iran? Now, Trump says this is fake news. How do we know this? I'm very curious about that because the Pentagon, when Pete took over, they put a big clamp on what the reporters access to the Pentagon. You won't let them in the building. Right. Exactly. So, I'm not saying this is not true. I'm just asking how do they know it? Well, they are making up the number of casualties. They literally changed from 18 to 14 on their website. I don't know how we can believe that. But also, do we want to fill the munitions that are losing this war? Shouldn't we be using drones like the rest of them, cheap drones? I don't understand. Oh, it's so ridiculous. I mean, they -- I think we want anti-aircraft missiles. They're just going to go out in a limb here saying that's a good thing for a country to have. Right. Especially if we're -- I think when's the shoot down drones partly? Are they nuts? Yeah. Okay. So, I've been to the Pentagon a couple times in the last few months. They let you in? They let me in. What's it like in there? It's -- it's roomy. Is it? You can get lost. It's so freaking big. It's a world's biggest office building. It's -- yeah. I mean, it's a city. It's literally in Pentagon City. Yeah. And the Pentagon itself is -- anyway. And I was in the secretary's office. And we had a chat. What do you say? Well, I'll tell you. I'll tell you. What do you have about it? Look, this is so far out of my lane. But, like, the buzz is asymmetrical warfare. The conversation is -- we're never going to out-manufacture China. Never in a million years. They delivered 982 ships last year. We delivered six. All right. We're not even close. So, they're -- their -- their companies, like -- like Hadrian and Apex and -- and Mock, who are actually shooting with them later this week. But they're making very, very cheap, very lethal weapons. Mm-hmm. And the thought is, a balloon, for instance, at 80,000 feet carrying a kind of payload that would be very bad to have over your country. That balloon's got to come down. The only way to get it was with a $2 million ICBM or a Patriot Miss, right? So, the thought is just to flood the zone with these really inexpensive, effective lethal weapons. And that -- that was the scuttle butt. That's the way forward, I think. That's the new guerrilla warfare. Drones are the new guerrilla warfare. You're crazy. I'm already here. Yeah, that's how they're still in the game, right? Every three months, there's new protocols in Ukraine.
-It's amazing. -It's the new plot of lioness. I know it's already here. -But it's so cheap, too. -It's so cheap. -But it's in lioness already. -I bet. -It's got to be real. Okay. Mike, are tariffs a good way to bring manufacturing jobs back to the U.S.? -Oh, thanks for that, Bill. That's awesome. -Why? These are from the people. -Yeah, sure. -Yeah, the people. Why is it? Why are you mad at that question? -Well, because, look, you know, I just had a guy on my podcast, terrific guy. He, uh, Montana Knife Company. His name is Josh Smith. And he started with nothing. He has 116 employees now. He makes the best knives in the country. And I think, I don't want to speak for him, but Montana, Missoula, the inclination is, they're rooting for the president, you know? But when you look at the extra $300,000 at cost to bring in a grinder from Germany, which is absolutely essential to doing what they do, you can see that cost is either going to get passed on to their customers, or they're going to eat it. So I'm super sympathetic to a lot of small businesses who are wrestling with workforce primarily, and then dealing with this. And I don't think their stories get told enough. [ Applause ] -There we go, Atlantic. Thank you. -State Fair Magazine, I really want it. [ Laughter ] -All right, final question. And this goes to something I say, like every week on this show, which is, I don't understand the American economy, because I was reading recently. I assume it's true. It's published in a lot of places that the upper middle class has gained, like, crazy amounts in the last 10, 20 years. -Because they're investing in the stock market. -I guess what it is. -Or wait. But, you know, like, by 30%, like, that's why we have less of a middle class, because we have a way bigger upper middle class. Now here's this, a nurse survey finds that 63% of Americans are living paycheck to paycheck. -How can both things be possible? But I always ask that. Like, how can some people have so little money? And I understand how economies work, but then, like, so many people can go to a concert, which is thousands of dollars. -Well, not all the tickets are thousands of dollars. -Well, but it's very expensive. -It is expensive, even just to get, like, a coke and some, you know, fries or whatever. -Or these seven million men who don't work, what are they living? -They're living on credit in their parents' basements. -Exactly. -Yes. -Yes. -Yes. We have more people on disability than we've had for a really long time. And the Nicholas Ebersop book, which is admittedly fantastic, talks about that a lot. We are paying people to not work. -So, these 63% of Americans are living paycheck to paycheck. These are not these young men because they have no paycheck. -Paycheck to no paycheck, yeah. -And just don't trust that number. I mean, the paycheck to paycheck studies are almost all written by activist groups who are trying to say that we have more poverty in this country, hidden poverty than we actually do. We do have poverty, and it's a problem. But we don't have 63% paycheck to paycheck poverty. -You know what I think? The voice of reason. -Thank you. -See? That's why his thing is reason. -I got it. -It was very clever. -Yeah. -Sorry, go ahead. -I was going to say that, I don't know about the paycheck to paycheck either, but I'm pretty sure that the lack of participation in the markets is a thing. And I had a chance to come drop in names horribly, but Secretary Besson came on the podcast. -No, no, no, no. -Okay. -Very chatty. -That's it. It's a little less impressive than you thought it was. -Yeah, I am. -Yeah, I mean, but. But the. Oh, it was the Trump account thing, which I thought was an interesting conversation. And I get it. It's not a panacea, it's not perfect. But for those families to have a kid and to get them in the market, at least in a way that they can monitor it, they can have it. They can participate in some way. You know, the fact that so many people in that position are not only going once a month, they're not saving anything. How could they? That's the tragedy. -Yeah. -Well. -All right. -It's hoping that it would end up more positive now. But my optimist robot is waiting for me. Thank you very much. -Hatch all new episodes of Real Time with Bill Marr every Friday night at 10 or watching anytime on HBO On Demand. For more information, log on to HBO.com. Larry David is back in their new HBO original limited series. What a pleasure to be a part of such a historic occasion. Larry and the pursuit of unhappiness and almost history of America. This is a declaration of common sense. Those who don't know history. You are the world's worst buddy channel. Are doomed to watch Larry David repeat it. What the hell is going on here? Watch Larry and the pursuit of unhappiness, now streaming on HBO Max. Subscription required. Visit hvlemax.com for details.
Podcast Summary
Key Points:
AI and job displacement
Tucker Carlson’s 2028 run
Ariana Grande’s health
Bank of America’s GLP-1 spending
U.S. missile stockpile and drones
Tariffs and manufacturing
Economic paradox
Summary:
The panel discussion covers AI’s future impact, politics, celebrity health, corporate spending, military strategy, tariffs, and economic contradictions. On AI, Elon Musk’s prediction that robots will eliminate jobs is rejected as unfounded; panelists stress the lack of precedent and the impossible math of funding universal basic income without workers. Tucker Carlson’s potential 2028 presidential run is seen as a right-wing challenge to Trump, but a third-party bid is deemed impractical, with podcasting offering easier influence.
Ariana Grande’s health prompts genuine concern, though panelists warn against overstepping boundaries. Bank of America’s $250 million on GLP-1 drugs is criticized as risky and possibly counterproductive, given potential side effects. Military readiness is questioned: depleted missile stockpiles are hard to verify, but the shift to cheap drones is praised as the future of warfare, especially against China’s production dominance.
Tariffs are scrutinized through a small business owner’s burden, where added costs hurt competitiveness. Finally, the economic paradox—rising upper-middle-class wealth versus widespread paycheck-to-paycheck living—is dismissed as misleading; panelists argue the statistic is inflated by activist groups, while pointing to disability rolls and non-working men as real issues, advocating for broader market access to build wealth.
FAQs
Elon Musk said that in the future, no one will have jobs because AI will make work optional. He also mentioned that Optimus robots will guarantee medical coverage and excellence comparable to what the president has.
No, there is no crystal ball and no precedent in history for that happening. It doesn't mean it won't happen, but it's not something to bet on.
Tucker Carlson sounds like a candidate because he released a 10-point plan for America, and he's running to the right of Trump. However, starting a third-party or independent run is really hard, so it's unlikely he'll do it.
The panel expressed concern, noting she looks unhealthy and has a real psychological syndrome. They hope she gets better, though some question if it's everyone's business.
It's unclear, but some suggest these medications may reduce drive and energy, potentially affecting work. It's seen as a risky move with unknown long-term effects.
It could be dangerous, but the information is uncertain since the Pentagon has restricted reporter access. The focus should be on using cheaper drones for asymmetric warfare instead of expensive missiles.
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