Trump Calls AI Danger a HOAX, Newsom’s Stunning 2028 Pledge, and McConnell RETURNS

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You can watch by searching for Happy Hour with Ina on YouTube, or listen wherever you get your podcasts. Don't we all need to have more fun? I'm Mitch Purse, and this week on Confessions of an Elite Athlete, I'm sitting down with Matt Fries, goalkeeper for the U.S. men's national team and New York City FC. We discuss how to prepare for one of the biggest moments of your life. You can hear it all by listening to Confessions of an Elite Athlete on YouTube or wherever you get your podcasts. I think if Senator McConnell came back in his next life and he saw this imagery, he would ask his family and his colleagues, why the f*** did you do that to me? Why did you put me through that? I was not in the state to make good decisions, and you abused my reputation and my legacy. We are so overdue for some sane, age-gating, cognitive testing that gives these people the ability to do what they want. Give these people some dignity. Welcome to Raging Moderates. I'm Scott Galloway. And I'm Jessica Tarloff. So before we get started, Jess, this new book is officially out to the world today. Go buy I Disagree, Winning Arguments Without Losing Friends, everywhere you get books. Congrats, Jess. Thank you. I just taped The Breakfast Club, which was very fun. They were into it. Big following. And Kara Swisher was singing your praises yesterday. We had a great conversation. Yeah. That's nice. I don't know what time zone I'm in. I'm missing meetings. I'm missing calls. I'm a mess. But anyways, let's start with another mess. Let's start with AI. After anthropic CEO Dario Amadei posted an essay over the weekend calling for a slowdown in AI model development, the idea seemed to gain some steam. But Trump is opposed to a slowdown, writing yesterday that the idea that AI could destroy humanity is a hoax and that the only guardrails needed on AI are, quote, a strong and smart, high-IQ president. Well, I actually would agree with him there. Which we definitely have. Yeah. At the same time, former President Obama is calling on Democrats to move AI oversight to the top of their agenda. While some CEOs are calling for regulation, NVIDIA CEO Jensen Huang is aligned with Trump. Here he is taking a call from the president during a live podcast statement. Hold on, sir. We're getting a microphone. Mr. President, you're now talking to the planet. You see, the great thing about life is that Jensen can develop the most complex computer chip in the world that nobody can count on. He's been a copy for 10 years, but he can't figure out how to put me on speaker. It's almost as conspiracy. The data centers are great and they make people wealthy and they make states wealthy. And it's the oil of the next 20, 25 years. It's bigger than the Internet and the AI, you know, much more so. And we're not going to let that happen. It's a it's a hoax. And you're right. We're not going to let that happen, sir. Now, we're not going to let it happen. Are we not going to let that happen? Yeah, I'm so confused because I also don't trust anybody like all the heads of these companies. So who should I trust? Well, let me ask you just from a political standpoint, if and how does it impact the midterms in D.C. right now? This controversy or this this this basically this fear right now that these things present a non-zero probability of a mass extinction event. Yeah. So I don't think people are buying. I don't think people are buying the mass extinction of level event. And it was only at 10 percent odds. And I mean, that can obviously still happen. So I think it's not that dire for people. But A.I. and questions around artificial intelligence, whether you're talking about anything from data centers to regulating super intelligence, is very close to top of mind or close to the tippy top of people's minds. Obviously, the economy. And it was really interesting because the New York Times Sienna poll, you know, one of the gold standard polls came out today and it is abysmal for the Republicans. The only issue that they're leading on was artificial intelligence just by two points, which I thought was really interesting. And they were in the field through the beginnings of these conversations, but definitely didn't get, you know, Donald Trump's latest posts on this, for instance, or what Jensen Wong is saying. So I'm curious if that keeps up because a majority of Americans do want regulations and guardrails put on A.I. And I think part of the issue, and I'm guilty of this, certainly to some degree, is it all gets jumbled right into one bucket where you just say this is about regulating A.I. And it can be anything for people like oversight on social media. And there are bills focused on that that even like a Josh Hawley is a co-sponsor. You know, up to regulating superintelligence. And as with everything, there is no nuance and no specificity to the way people are talking about it. And that's why Donald Trump can get away with placing a call like that. And for people to think that I guess he has any idea what he's talking about. But I am pretty concerned if we do move towards a regulatory framework idea that the folks who are in Washington. Save for the Mark Warners of the world, who obviously has a background in this and knows what he's talking about. But you are turning over regulation to a group of people who might not be the best ones or know enough to make sure that the appropriate guardrails are put on. If indeed that is the path that we should go down. And I'll just add, and I'm curious to get your thoughts on this. We talked about it on The Five yesterday. And my colleagues were really focusing on the China element. And what a gift it would be to the Chinese if we did slow down. Because they're obviously not going to. There's a lot here. So let's start with the actual construct of the tension between too much regulation, which I would argue Canada, the EU, and the finance industry under Biden suffered from. When it's when a house to build in Vancouver that goes for a million dollars, when it costs two or three hundred thousand dollars. And permitting fees and basically red tape when you can't build enough housing such that young people feel good about the opportunity to buy a house because we have taken housing permits out of the hands of bureaucrats and put it in even more unreasonable bureaucrats hands. That is, the incumbents, the current homeowners. Regulation can dampen economic growth. Also, with no regulation, with a total Wild West, you end up with Purdue Pharma continuing to sell increasingly strong. Opiates, knowing that people become addicted and die and that we literally have a hollowing out and create tremendous misery across rural America because the companies making the money have engaged in regulatory capture and there's too little regulation. There is a sweet spot. And let's go right to China. This notion, this myth that's been fomented by the government and people in Silicon Valley who are already counting their billions at the IPO. And D.C. who's hoping for a give, whether it's getting your kids golf course funded or or investment in your kids crypto. They see this just as an opportunity, one, to save the economy because the majority of capex spending and GDP growth is coming from these hyperscalers. So they see anything getting in the way of that gets in the way of their own pocketbooks. And also the boogeyman of China. China is going to leap out in front of us if we regulate this. No. One of the reasons China is a distant slash close second is because they have regulation. Seventy five percent of people in China feel good about A.I. It's twenty five percent in the U.S. And one of the reasons that the Chinese populace feels good about A.I. and is supportive of it and uses these models and is learning about these models is because they have regulation, including no bot can pretend to be a human for greater than a certain amount of time because they realize 15 year olds might fall in love with a human. With Cersei Lannister or develop a relationship that takes them away from their parents, they prohibit the use of A.I. for people under a certain age during certain hours, they have sweeping regulations about if and how A.I. can be used in schools regulation when it's thoughtful creates a set of boundaries and rules where the CEOs of these companies know the rules they're playing by. We have never in the history of a modern economy had a trillion. dollar industry. with no regulation. It doesn't work. And in a weird way, I feel for the CEOs of these companies because they don't know what rules to play by. They want a certain level of rules. Some they'll agree with, some they won't, where they can say, okay, if it gets through, if the FAA says this plane can fly, obviously Boeing is responsible if it doesn't crash, but they get a certain level of security and a certain level of validation that pilots and flyers feel like, okay, a third party, somewhat arm's length independent body has said, we have tested this thing and it seems reasonably safe or the margin of error here is sufficient enough so that we trust it and we certify it. It takes a drug 10 years to get through approval such that a person can take the drug with the prescription of their doctor. And then just to go further downstream in terms of just how incredibly incredible the technology is, how incompetent, old, and ignorant to these technologies, we have a 70-year-old conspiracy theorist who's the head of HHS, which oversees one of the most important bodies, I would argue, in the world, the Center for Disease Control, also one of the most skilled and one of the most competent in my view. The greatest threat to the control of disease right now is a super virus being manufactured and grown in one of these frontier labs. We're all heading into fall, which for a lot of us means catching up with friends and colleagues after time away. It's a natural time to go out for a drink. But before you grab those drinks, try pre-alcohol from Z-Biotics. Z-Biotics pre-alcohol probiotic drink is the world's first genetically engineered probiotic. It was engineered by PhD microbiologists to break down acetaldehyde, an unwanted byproduct of alcohol metabolism. 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I'm not a client and have an incentive to endorse ARCA Wealth. Hey there, it's Sue Bird. You know the drill. Another week, another day. Another new episode of Bird's Eye View. This week, I'm thrilled to be joined by Australia's most notable women's basketball player and my former Seattle Storm teammate, Lauren Jackson. She talks about the pros and cons of going pro at 16, the Opals' legendary FIBA World Cup run in 2006, and how her role on a team differs between international tournaments and the WNBA. Plus, in Sue's view, I answer your questions about the UConn documentary that came out. Make sure to check out Bird's Eye View on YouTube and wherever you get your podcasts. Bird's Eye View is a production of Iowa Public Television. I see FINRA. You want, one, a panel that has to approve these things, gets 30, 60, 90 days to bang on every product. Two, a mandatory accident reporting. Three, subpoena power. And four, laws. The way capitalism works is you have a set of guardrails around, okay, you're an automobile company. You cannot pour mercury into the river. Oh, wait, you have to have airbags. It's optional. This guy, Ralph Nader, has convinced the public that, you know, you can't pour mercury into the river. This car is unsafe, and you need to start implementing different safety standards. He was before airbags. And companies all can compete on the same playing field. And they also, I don't want to say they've absolved themselves of some guilt, but they know the rules they can play by. They have full body contact competition. And the consumers and industry are confident that there's some level of safety. And they buy these things. These companies lost $150 billion in market cap yesterday. Why? Because you have never seen trillion-dollar, billion-plus companies so incredibly fragile. And why are they fragile? I'm at the Waldorf in Beverly Hills at the cross, the intersection between Wilshire and Santa Monica. If this afternoon, the signal there goes crazy and a dozen cars crash and there's some injuries, and we find out that it was a rogue bot programmed by one of these open weight or one of these frontier models that somehow hacked the signaling system in LA, these companies might have to close down. And the public, the public's anxiety around data centers is about to decrease massively because it's all going to float up to the frontier models and potential negative, negative impacts, including everything from hacking into a hospital system to ransomware to, God forbid, some sort of super virus. Good regulation scales shareholder value. And these guys are so fucking sophomoric, don't want to do the hard work, and then just bringing it back to California, where I am, Governor Newsom has passed 12 laws regulating AI. And when Speaker Johnson says, well, no one has any ideas here, he sends out a save the date. We should meet about it, but we're not going to hamper shareholder value. The place that's created about 95% of the shareholder value in AI, California, has just passed 12 laws attempting to regulate AI. Nobody in the cabinet has any idea what they're talking about. They're all thinking, how do I get into the IPO of Anthropic? Or potentially sequester or threaten Jensen with not being able to sell chips into China, such that he gives me money for my new library or funds my new venture fund. This again, and I blame Democrats as much as Republicans here. Americans are learning that the best performing organization in the world, the U.S. government, was a function of the team of the players. We have had consistently outstanding people at every level of government. And a lot of those people have either left, or are being silenced and not letting, they don't allow them to do their job. The notion that we are not regulating this, and it's a private company, is tantamount to saying to Oppenheimer in 1945, I got an idea. I'm Mark Andreessen. I'm going to fund something called Oppenheimer LLC. And we're going to start selling nuclear bombs into the UAE and PNG. And we just think people are going to love having nukes. Companies are going to own nukes. So another company does. We think Mexico is going to love having nukes. And we're going to be able to charge so much money for these things at such incredible margin. And you're going to go public. There is real legitimate concern and possibility here, although I don't think it's going to happen, that if FDR or Truman were president, we would have already nationalized AI. The gap between the competence of the administration and this industry is resulting in insecurity-threatening shareholder value in no way. Does it threaten our leadership position to regulate? If we regulate, see above, China is regulating the shit out of this. And also the opportunity here in the silver lining is giving everyone across the EU, China, I don't think Russia would agree. I think China would rather burn the world down even if they get their, you know, even if they get their eyebrows singed. China, the US to say, look, we have huge mutually vested interest here. Neither of us wants to buy a weapon created. Neither of us wants our kids killing themselves. Neither of us wants a middle power with the ability to make a nuclear bomb here. Let's cooperate on this. Let's have a set of standards that we all agree to, mutual inspection. Let's share information. They want to control AI for different reasons. We want to control it for different reasons, but there are a lot of reasons, similar reasons we want to control it. This is such an enormous void. And right now it's being filled by CEOs who don't know what the fuck to do or say. They're claiming, Claiming they're worried about it so they want to tap the brakes, there's a legit legitimate concern that they're, quote unquote, fake concern. Remember when Shel Sandberg constantly said, we're open to regulation. We would like people to regulate. As hundreds of lawyers were weaponized in Washington to get in the way of any regulation, the fear is that these guys calling for regulation is like saying, we're willing to tap the brakes if every other small AI company is forced to slam on the brakes such that we can maintain our lead. There's an enormous, this is the mother of all voids of leadership from a federal level. Anyways, that's my TED talk. It was a good one. And I have a quick question. And then I want to talk about Mitch McConnell making his return to Capitol Hill. But what do you make of Jensen Wong being the only one saying, no. No, we don't need any regulation on this and the timing of all of these whistleblowers? Well, he's further downstream, so he probably feels like he's more immunized. There was a woman named Sharon Whipple, and she was an All-American lacrosse player, and she was mauled by two dogs in 2001 in San Francisco. And the owners of the dogs were held liable and put in prison. And he feels like, OK, he might be the breeder, but he's not going to be respected. He's not going to be respected. He's not going to be held liable if these things go rogue. Whereas I think Sam and Dario are trying to go public. I mean, quote, unquote, they're really concerned, and yet they're spending a lot of time with J.P. Morgan and Goldman Sachs planning their IPO. I mean, it's just sort of, you know, it's a little bit cynical that they're, quote, unquote, you know, want to pace innovation. They shouldn't have to pace innovation. They should be able to run flat out with a set of laws and a regulator banging on everything embedded in their company saying, no, this is not ready for primetime. You can't release it. We haven't tested it thoroughly enough. Jensen feels like he's the breeder, not the owner of the dog. And so he's, I think, more emboldened to just say, let's let's roll. Let the let the good news, you know, let the good times roll. Makes sense. Also, just to bridge, if you want to be president, advice I have for young people is if you want this job, start doing it. Someone who's actually acting quite presidential, although I think he made a rare misstep yesterday, is Governor Newsom, who passed several laws around this. But he also said, looking ahead to 2028, that he told CNN's Jake Tapper that if Kamala Harris decides to run, he'll stand down. Let's listen to the clip. A lot of Democrats. 31 flavors. And you're not even the only Californian. No, right. Yeah. You got Ro Khanna. Yeah. Kamala. Yeah. I don't know if she runs, but we'll see. I know she's called around. Yeah. But I wouldn't run if she ran. If she runs, you will not? Of course not. Why would I? I wouldn't do that to her. I wouldn't do it to me. Why would I? I wouldn't do that to you. I wouldn't waste everyone's time. Who needs that? What do you mean? That doesn't even make sense to me. I just, I wouldn't. No, I wouldn't. The scene doing it while fly fishing. We're men. We're men. We're real men. We're just casually out in a river with a camera crew. Fly fishing. But also like a little bit in business casual also. I imagine those were the right pantalones to be doing this, but it looked like they just. They just got in it in their pants. And I like one of the comments that Newsom makes about this is that the Zen diagram doesn't add up. So now I want to use Zen diagram in the way that I talk about things. Obviously this feels like a hedge and I would be shocked if he wasn't running for president, no matter who else was going to be on the ballot. I don't know if it's like a shot across Kamala's bow to some degree saying like, I'm here nipping at your heels. Like you've got to make a decision. Or I mean, is it genuine? I don't know. You've had more interaction with him since you're now on the board of regents, but I was surprised by it though. He does love a good news cycle. And now the politics news cycle or the 2028 news cycle is about him and his Zen diagram. Yeah. I never miss an opportunity to sound a little bit more important than I am, but I've had almost no contact with the governor. So I have no inside information here. I thought this was a real misstep. I think if you want to be, I think if you were going to ask the public potentially to vote for you for president, you've got to believe you're the right person for the job, regardless of who else is running. I don't think this is, I don't think this is waiting to see who, I mean, if you've got a vision for president at that moment and you ask yourself, I'm the right guy or gal, I don't think it matters who else is running. You've got a vision. If you're running for president, what you're saying is I have the best person, not only for the job, but the best person for the job at this moment. And it shouldn't matter whether vice president, it just comes across quite frankly, as weak sauce. Have you ever wondered who invented rock and roll or why Fleetwood Mac fell apart or what it was like at Motown in the early years? Well, do I have a podcast for you? My name is Will Anderson. I'm a songwriter, a musician, and a huge music history buff. And I'm so excited to announce my new podcast, The Monday Music Club. I teamed up with Will Anderson, the music history buff, to make this podcast with the Vox Media Podcast Network because ever since I was a kid, I loved hearing and reading stories about classic artists, recording sessions, and music history. And I wanted to have a place to be able to take what I've learned and share some of those favorites with you. Every Monday, I'll be releasing a new episode and deep diving into a new story with experts and special guests, and it's going to be a blast. So if you're a music history geek like me or even just a casual music fan, jump in because I promise The Monday Music Club is going to be the podcast for you. So like any good millennial, I have a love-hate relationship with Gen Z. It's the phenomenon rattling millennials. They just look at you. They want something bigger themselves. Lifestyle is a priority. Motivation is being inspired. But regardless of how you feel about Gen Z, it's undeniable that they're changing national politics. Generation Z is increasingly showing less loyalty to traditional political parties, many now more likely to identify as independent. So what is going on? I think the biggest misconception about Gen Z's politics right now is that all of a sudden, they're all socialists. That is just not the case. They are embracing candidates who are offering new, bold ideas in the absence of those ideas from establishment Democrats. This week on America Actually, Gen Z researcher Rachel Jamfaza joins us to separate Gen Z fact versus fiction. It's not rocket science. And this is, you know, I keep saying like, young voters aren't that complicated after all. It's pretty simple. Catch us every Saturday on YouTube, or we're. wherever you get your podcasts. When you hear an old Motown song, do you ever think about just how good it makes you feel? Well, that was not an accident. I'm Will Anderson. And this week on my music history podcast, The Monday Music Club, we're diving into the early years of Motown Records and how they crafted hits with factory level precision. With the help of Otis Williams from The Legendary Temptations, we walked through the entire creative process and history of the label, its founder, Barry Gordy, and our favorite acts like The Supremes. So if you've ever sung along to Motown songs and want to know more about the incredible people behind those timeless hits, check out this week's episode. Just search for Monday Music Club right now, wherever you get your podcasts. Here's a little preview of the episode. H.D.H. had written the song and it was ready to be recorded. But as Otis tells us, it was originally intended for someone else. When Harlan Dusha Harlan brought What Did Our Love Go, they brought it to the Marvelettes first. Bam, bam, bam, bam, where that at? No, we ain't singing that. So, H.D.H. had written the song, and it was originally intended for someone else. H.D.H. said, okay, fine. Trick it to The Supremes. The Supremes wasn't knocked out about it, but I guess they said, well, we've recorded enough stuff, let's try this. They recorded that. That was it. Ran up the charts, and they had seven number ones in a row. Do you really have a vision for president? If someone else is going to run, it's going to block you from running? So, while I thought this was a very good week for the governor, because the state that's regulated, which makes sense, and it doesn't appear that NVIDIA or OpenAI are planning to leave because of this regulation, I thought that was a rare misstep. And he's going to make a bunch of them, because people are going to be all over him. Also, it was a misstep for Jake Tapper to get in waiters next to Gavin Newsom in that afternoon sunlight. Jake Tapper is a handsome man, and he— But he doesn't glisten like the dove. He looked like the captain of the chess team who's not going to prom because he doesn't want to go, compared to Gavin Newsom. I mean, it looked like the Abercrombie and Fitch reunion with Gavin there. Anyways, enough about Governor Newsom's looks. Can I say something, though, about state of play? Not in the Gavin or Jake Tapper sense, but the electoral sense. Because I was really—and I already mentioned that the only issue where Republicans were up was on AI and just by two. This New York Times-Siena poll is stunning. I mean, it has Democrats up by eight on the generic ballot. In terms of which party you trust to handle the issues more, Dems are up 24 on health care, which makes sense, 11 on the Israeli-Palestinian conflict. So good job on the Middle East, boys. The deficit by 10, cost of living by eight, the economy by seven, foreign wars by seven, and immigration by seven. And something that I thought was really interesting, because it's the stuff that we sell to the American people, which is that they all flagellate about the most. They asked, which party do each of these words describe more? Extreme, the Republican Party by eight. Elite. elitist by 10. Do you remember? I mean, everything about the 2024 election was about how we were just a bunch of coastal elites that had no care or consideration for the lives of actual people. And then corruption leading by 14, the Republican Party. And we're up now on cultural issues. If I don't know if everybody just had a lobotomy or what happened, like, did we just get better? Did we actually, like, look at the results and change some things and improve our image and what we talk about and how we communicate the values of the party to the people? I'm uncomfortable with feeling good. Yeah, this is, and it's like Sun Tzu said, when your enemy is making a mistake, just don't do anything. Stay out of the way. It's like Carville says, like, just be quiet. Wait for it to happen. Yeah. Any thoughts on our 84-year-old Republican from Kentucky return? Returning after a 13-week absence. Are you feeling good, Mitch? Looks good. Give us a thumbs up. If anything should be AI, it should be that. And it's real. I feel terrible that they, I mean, they needed his vote and wheeled him out for this. But, you know, he has for a long time made that face, that kind of frozen old person face, like, and he's had a few. episodes on camera. And again, I feel badly about that. Aging is brutal. It comes for everybody. What do you say? Biology is undefeated. But this does not feel like a functioning human, let alone a functioning senator, like to be one of a hundred that have these kinds of special jobs. And a little bit like cruelty to do this, to wheel him out there like that. This is elder abuse. The first thing or one of the first things to go in cognitive, decline is your own ability to recognize your own cognitive decline. That's why I have family. This reflects poorly on his family. This reflects poorly on his quote unquote colleagues. One of the reasons we need mandatory term limits. We talk about reducing the threat of having incompetent old people who don't know what they don't know, roaming around the Senate halls, missing votes, making bad decisions. The flip side is the following. It robs them of their dignity. You don't know when I took my father's driver's license away because he was dangerous and had no hand-eye coordination left anymore. A couple of years later, he said to me he wanted to go go-karting. He thought he could drive a go-kart with little kids around. You don't know. He can't. He couldn't even wave. And but I'm sure he deep down thinks, oh, no, I'm still a senator. I can still do this. But the people around him and the Republicans who need a consistent vote. If Senator McConnell came back in his next life, as sharp as he was just a few years ago, and he saw this imagery, he'd be he would ask his family and his colleagues, why the fuck? Did you do that to me? I'm not and I was not in a state to make good decisions. And you abused my reputation and my legacy. We are so overdue for some sane, age gating, cognitive testing that gives these people some dignity. And instead, we are just treating him like a ghoul. And it's on display and reporters yelling at him and close ups of him and poor man. Probably he's probably. I just hope he's so fucking out to lunch. He doesn't have to sit there and think, oh, my God, this is just so embarrassing and try to smile. Where am I? What's going on? I literally think this has become abuse. We have lost all sense of perspective under the notion. I don't know if it's being politically correct or ageism or clinging to power from incumbents or the fact that these people are so I don't know what all the different moons that have lined up here result in a lack of good governance. Chris, where there doesn't need to be any and robbing dignity from senior citizens that have served honorably and should be given a farewell party and the respect and the dignity they deserve. Oh, I agree. I mean, it made me think back to Dianne Feinstein and what her family and staff allowed to happen here. And you do see this when someone's spouse passes away, like you think they kind of would have driven off into the sunset, but now they're on their own. Mitch McConnell has a vibrant, very alive wife in Elaine Chao. And I understand that he wants to be a political operator until his very last breath. But this this goes beyond anything that we would describe as the grim reaper approach to politics. This is, you know, hitting a little too close to home with that kind of nickname. And I hate to see it. And I'm sure that someone like Leader Thune is not happy that this is what's going to happen. And I'm sure that someone like Leader Thune is not happy what's going on here. And the people of Kentucky, I don't know what Andy Beshear is going to do with this, but they have been robbed and continue to be robbed of representation, which is wildly unfair. All right, Jess, let's leave it there. Congrats on your first day. Everyone go pre-order or order now. I disagree. I disagree.