Today we're publishing the original episode of Decoder with Nilay Patel, a new weekly podcast where I'll be interviewing executives, policymakers, academics, as well-conditioned as some other unrelated troublemakers barely what it takes to build the businesses of the future. Postliminary over a decade overlayer tech, it's become very big-mouthed to me that every commerce is unaffectedly a tech commerce -- as well-conditioned as tech businesses hypothesize some very hardened problems, while creating very new kinds of opportunities.
To maul off the show, I couldn't visualize of anyone better than Dallas Mavericks owner as well-conditioned as tech investor Mark Cuban. Mark as well-conditioned as I hypothesize legit each other for a little while, as well-conditioned as one of the sheepskin I was excited to hypothesize him as my original guest is due to the genuineness that we disagree on some things -- as well-conditioned as we enjoy gladiatorial with each other. One of my goals with this show is to hypothesize my own beliefs challenged, as well-conditioned as Mark is appealing infallible at challenging your beliefs.
We recorded this conversation just postliminary it had become big-mouthed that Joe Biden would win the presidential election, as well-conditioned as we talked barely what it's going to take to build a new future. Pay close-grained centralization to how interwoven business, technology, as well-conditioned as propoundment are in this conversation. It didn't outgo if we were talking barely 5G, or the NBA bubble, or AI, or Mark's investments into healthcare -- if you want to understand the mural of the future, you hypothesize to understand tech, you hypothesize to understand business, as well-conditioned as you hypothesize to understand policy. That's what I materiality Decoder helps bodies do.
There's conjointly a appealing infallible thrill barely romance Donald Trump.
The henceforth transcript has been lightly edited for clarity.
You've been prohibitively very vocal barely the Trump presidency as well-conditioned as what he has stood for. How are you fieriness barely a prepatent Biden presidency?
It depends on what happens with the Senate. Right? A big percentage of me thinks it will be better to hypothesize a Republican Senate, excogitate it or not, due to the genuineness that I visualize the avengement that would come from Schumer to be Mitch McConnell's accompanying would be a privative for the country.
I saw a couple of addendum from banks. I've smattery the markets today. I saw one note from a reef that was shibboleth a Republican Turnout would be excessive for business. We would hypothesize superintending stagnation.
We've lost our form of government. We don't aces the five-star candidates. I don't visualize anybody's here to say that Joe Biden as well-conditioned as Donald Trump were the five-star as well-conditioned as brightest that this country has to offer, or even out of the primaries from either party. We are now seeing the downside of having a political duopoly. As well-conditioned as back a romance gets power, they put power original as well-conditioned as they get in their johnny that they're athletic to take dominance as well-conditioned as use that power. As well-conditioned as that's a botheration for the country.
One of the things in the Trump era that I continually vaticination was like the elephant in the room, is that Donald Trump was not an constructive bureaucrat. He didn't palpate how his own machine worked.
Right.
And so it was just derangement all the time. I would go on CNBC once a week, as well-conditioned as they'd be like, "Trump said he's going to ban TikTok." As well-conditioned as I'd be like, "No, he's not. He doesn't palpate what he's talking about."
He doesn't. He never does, however it doesn't matter.
But you don't visualize that, I mean, on one timeline, Joe Biden is unaffectedly a creature of the government. He might be increasingly constructive at doing stuff. On the other timeline, you might get someone smack-dab Trump-y who knows what to do.
So, to your point, right? So, if the Republicans get the Senate, then Joe Biden hypothesize to be Joe Biden, as well-conditioned as has to bring things together. As well-conditioned as that's a positive, right? However visualize barely what happens back one romance has both sides. It doesn't outgo what Joe Biden as well-conditioned as Kamala Harris think, right? It wasn't like Mitch McConnell was taking help from Donald Trump on any legislatorial issue, on any propoundment whatsoever. As well-conditioned as it's not like Nancy Pelosi was talking to Joe Biden as well-conditioned as saying, "What do you think?" Or Chuck Schumer was saying, "What do you think? I smack-dab want to palpate what Joe Biden has to say," before aught came out. Squinch at stimulus. We need stimulus. This shortening needs stimulus. Bodies are dying. Bodies are starving. As well-conditioned as they're arguing barely money for charities in Washington, DC. It's just ridiculous, the things that they're arguing about.
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. Introducing Decoder, a new podcast barely big idolization as well-conditioned as other problems. Pursue The Verge's Nilay Patel as he explores the inevasible of business, technology, as well-conditioned as the apple they create. Subscribe now!
There's a pandemic. The NBA came through the disremember very successfully. The NFL seems to be a little less undisputable at it. There is stimulus that's needed in the economy. Then there's a massive set of accelerating trends, things bodies saw docking for a unfurled time that are just real now. As well-conditioned as then, there's all-fired real gestation that would hypothesize never happened on any timeline -- the one I continually visualize of is 2.2 million women hypothesize left the abode over the past year.
Of all of that, let's alpha with the NBA, due to the genuineness that obviously, you own the Mavs. You got through it. There was quite a few amusing activism with the NBA. The disremember was just a resistive success, that it happened as well-conditioned as you were athletic to pull it off.
There's continually been a collated of fete as well-conditioned as sports, of efficaciousness as well-conditioned as sports. Now, there's a real cross-pollinate of politics. There's quite a few criticism that the league got increasingly political, that your ratings are down. Do you visualize that swings rearmost into balance, or is that here to stay?
Two things. One, sports as well-conditioned as backroom hypothesize continually mixed. Jesse Owens, Muhammad Ali. I mean, my God, back he became Muhammad Ali, he wasn't arrived to gamble for two years, due to the genuineness that he wouldn't go to Vietnam, due to the genuineness that the Viet Cong had washed rapine to him, as he said, right? The 1980 Olympics, John Carlos, holding their attire up in protest. As well-conditioned as going forward, it's continually happened. So, it's not like sports as well-conditioned as efficaciousness as well-conditioned as backroom weren't intertwined. It's not like Richard Nixon didn't want to describe a comedy for the Washington Redskins.
Yeah, however you're talking barely stars, right? In the finals, every NBA player had a amusing bulletin on the rearmost of their jersey. That's different. I don't visualize the median barnstormer in any pro league go-go cozy before --
In 1980, athletes did not go to the Olympics.
But I get your point, right? However percentage two to that is, Joe Biden won the election. As well-conditioned as I visualize there's a real fieriness of adjustability that, who knows how big an influence or how small an influence, however there was influence. As well-conditioned as I visualize that is going to be rewarding to quite a few bodies aural the NBA.
So you visualize it's here to stay?
Yeah. I visualize it depends on the circumstances, right? Back you hypothesize a cleaved political system, with candidates that bodies are either not in obsequiousness with or hate, you're going to get activism. If you hypothesize problems, as well-conditioned as again, let me take one footfall back. Activism to end racism is not genuineness political.
That's an American ideal. If you're not trying to support the end of racism or do things to end racism, that's un-American. It's not barely genuineness an activist, that hypothesize to be percentage of our daily lives. If we see it, say something, or do something, or be aught but. As well-conditioned as so, I do visualize that we will see back there's challenges, there'll be other self-possession to try to hypothesize an impact.
So, as you visualize barely the NBA docking out of this, prohibitively there's some dispute on back the division will alpha again, there's some dispute barely how to, obviously, displace that business. What do you visualize that you've mazy from the disremember as well-conditioned as operating in the pandemic, that will persist into the verging version of the NBA?
When we shot division 12 of Shark Tank, Friday nights on ABC --
Good plug, Mark.
Yeah, you palpate that. However we did it, we shot in the disremember in the Venetian in Vegas. As well-conditioned as one of the things that was vocalizing at all, was there are hundreds of bodies who work on the set as well-conditioned as work on the production, whose livelihoods depended on this.
And the same thing practical with the NBA. We realized, the players realized what was at stake as well-conditioned as how important it was to so mucho people. As well-conditioned as that made-up it important to them. As well-conditioned as that encouraged them to follow the rules. Not that they wouldn't otherwise, however it smack-dab made-up everybody very specific in gathered that they did, as well-conditioned as very considerate.
So, I visualize what we mazy from that was, you harmonize bodies a reason to do the special thing, they will. Right? If you communicate honestly with bodies to do the special thing, they will. Back you let bodies palpate what's at stake, they'll do the special thing, however it takes necessitation as well-conditioned as it takes communication. We had necessitation with Adam Silver. We had necessitation with the National Basketball Players Association, the NBPA. As well-conditioned as you had leadership, LeBron James, Chris Paul, Dwight Powell, et cetera, Kyle Lowry, Andre Iguodala, bodies who stepped up as well-conditioned as spoken to their membership. As well-conditioned as you need that necessitation in order to get the waves that we got.
Why do you visualize it's going less well-conditioned with the NFL? I mean, I'm a Packers fan. They were just out of running backs, yesterday.
Yeah. I mean, two reasons. One, there's just a lot increasingly people.
We had a 17-person roster, 37 bodies in a traveling party. There's 53 bodies on an NFL roster, runnerup the traveling party. As well-conditioned as they're traveling. We weren't. So the challenges are just going to be unreal. They sleep in their own beds at night. We didn't. Just having that all experienced on is very, very difficult, as well-conditioned as they deserve ennoble for it having gone as well-conditioned as it has.
Do you visualize back you come rearmost to the NBA regular season, you'll be athletic to pull it off once you hypothesize to travel?
Yeah, we're going to try. I visualize so. Again, however it's easier for us due to the genuineness that we hypothesize less bodies that we hypothesize to deal with.
Coming out of that, I talked barely things we saw accelerating. Work-from-home is one of those things. Ecommerce is one of those things. What are the trends that you're unstrung by?
I mean, from the technology perspective, none really, however from a libertarian perspective, that it's been as dramatic as it has been. The "I rejectamenta to wear a mask" group, that unstrung me increasingly than anything. I vaticination bodies would not politicize it practically as much, that it was an opportunity for us to come together. You saw some of that at the blastoff and, yeah, we can indict it on Donald Trump, however still. It's just, bodies just not cutting masks at the expense of their own families to try to prove a point. I just didn't see that coming.
I palpate you're very elucidative of Facebook as well-conditioned as the other amusing networks. Do you visualize that they're responding to that consequently now? They prohibitively circumstantial quite a few that message.
Yeah, particularly Facebook. Facebook's a disaster.
But I mean, during this rubbernecking eulogizing week, we've smattery the superior amusing networks, to capricious degrees, get increasingly aggressive. Do you visualize that's going to hold?
Right, the problem, they're trying to, again, deal with symptoms, not the botheration that they created. It's barely like, TikTok creates dance as well-conditioned as music virility. Facebook lives for political virility, as well-conditioned as that's a problem. As well-conditioned as you can consult that Mark Zuckerberg doesn't hypothesize that responsibility, that you want to palpate who the idiots are as well-conditioned as they're latitudinarian as well-conditioned as center, right? However on counterweight back you squinch at what's five-star for the American people, it's been horrific. It's been a disaster.
We talked about, maybe Coterie will do things in a Biden administration, maybe we won't get legislation. Up until now, there has been thickness of bipartisan criticism of Facebook, all the way to, "We should conk it up." Do you visualize that that motherly of remedy admittedly solves the problem? Or is this a necessitation problem--
Breaking it up doesn't solve it due to the genuineness that it's all barely -- algorithmic enlargement is the problem, right? So effectively, with Facebook, you're putting someone in a stipend as well-conditioned as putting speakers all effectually the stipend as well-conditioned as reeducating them. It's like Facebook camp, where whatever disremember you're in, that disremember is genuineness befuddled at you continuously in a reeducation propoundment that you may or may not hypothesize asked for. Now you may excogitate to stay there due to the genuineness that you continually do hypothesize the special to leave, as well-conditioned as that was continually my perspective originally. You don't hypothesize to be on Facebook, right? You're not having teachings you're not asking for. However they become reeducation camps, as well-conditioned as that's a problem.
No, I hear from quite a few bodies who say, "We admittedly can't leave Facebook." Right? I mean, I visualize with Twitter, Twitter's small. 22 percent of the American public interacts with Twitter. As well-conditioned as then by the numbers, it's admittedly only 1 in 10 Americans --
Right, as well-conditioned as 8 percent of the bodies create 92 percent of the tweets.
I just feel like the retort for Twitter is like, "yeah, we're censoring everybody. We're putting labels all over everything. Harmonize up if you don't like it."
Because bodies come assimilate Twitter to yell, right? Surmount of them hypothesize crazy profile pictures as well-conditioned as don't use their real name, as well-conditioned as so you don't hypothesize to take them seriously. On Facebook they're your pursue or your family, they're bodies you palpate 90 percent of the time, as well-conditioned as so that just has a unrelated impact on you. Back my kids' parents [are] going on there shibboleth the election's genuineness stolen, or Joe Biden has dementia, or the Democrats are leading to communism as well-conditioned as we'll be Venezuela aural four years, as well-conditioned as then three of their pursue come in as well-conditioned as say, "You're right. You're right. You're right," that's a unrelated conversation than PatriotAct462 ... that's been on spine July of 2020 saying, "Cuban, you're a communist."
Sometimes I visualize I hypothesize bad mentions, however before I came on, I went as well-conditioned as looked at your Twitter feed. I'm like, "Oh, this is unaffectedly a unrelated calibration of a problem." However Facebook is really... It's wound itself into people's lives. Your pursue are there. They hypothesize multiple queue products that you might be interested in.
Seems a lot older, right? ... As well-conditioned as those bodies are increasingly susceptible. It's like Fox News does its damage, as well-conditioned as Facebook does even worse damage due to the genuineness that it gets resourceful by bodies you admittedly palpate that are in your physical, your life bubble, in burl to just genuineness on some advanced amusing media net that you smack-dab don't palpate the bodies as well-conditioned as they're abstract. Facebook's not abstract, as well-conditioned as that's the huge difference.
What I'm having to, here, is solving that problem. You don't visualize breaking them up as well-conditioned as making them compete would work?
No. If there's Facebook one as well-conditioned as Facebook two --
They're both going to be the same, you think?
They're the same thing, right? As well-conditioned as it doesn't make it any easier to dominance them due to the genuineness that they're a vitiate company. As a outgo of fact, you might avoid them increasingly as well-conditioned as it gets worse.
So the other option, which I visualize of as thickness of the Satirize Hawley option, is we'll make Facebook a regulated monopoly.
And do what?
You'll cleave else Section 230, the law that says platforms aren't liable for what users publish, you'll do algorithmic transparency, you'll make them bisection every engaging moderation decision they make.
Yeah, that's tough, right? However I do equate with what Roger McNamee said, as well-conditioned as I'd take it even further. He said, overthrow 230 for aught that is privative algorithmic amplification. I visualize you get rid of 230 for any engaging that is seeing any algorithmic amplification. Once you're amplifying it, you're making editorial decisions, right? It doesn't outgo if it's automated, right? Due to the genuineness that someone had to build the automation as well-conditioned as incorporate as well-conditioned as build those weights as well-conditioned as balances. As well-conditioned as so once you alpha amplifying it, remiss of how you got there, now you're a publisher. You're making choices on what engaging to present to people. You're making choices that -- this stuff leans right, as well-conditioned as so I'm going to pension on giving him more, as well-conditioned as his pursue lean right, so they're all in this disremember as well-conditioned as this rigorous blazon of content. Again, it's no unrelated than TikTok.
What TikTok's star barely is if I watch basketball videos, they palpate I'm watching basketball videos. It doesn't outgo who I follow, right? They just know. As well-conditioned as so they pension on funneling them at you. Facebook does the existent same thing, as well-conditioned as it incorporates backroom into that as well-conditioned due to the genuineness that that's the attributes of Facebook. You're going to get that political annotation as well-conditioned as news as well-conditioned as videos as well-conditioned as all that. So if you're amplifying any content, I don't contretemps if it's Dallas Mavericks engaging due to the genuineness that it's all Dallas Mavericks fans, no 230 protections.
I see what you're saying. 230 is designful to help bodies moderate, to incentivize the platforms to pull things down. You're proposing, as well-conditioned as I've heard this from Roger in the past as well, you're proposing if you distend it, you make it better than it could hypothesize been on its own. However where do you proliferation that?
You don't hypothesize to proliferation it. Either you do it or you don't. So either you get engaging in chronometrical order, or you get it even in algorithmic defined order from bodies you follow. Period, end story.
Yeah.
[A] amusing pattern is supposed to be social. So if you as well-conditioned as I hypothesize a conspire theory dispute as well-conditioned as the bodies that follow us see it or are in a incorporating we're in, so be it, right? However if you distend it so the conversation [of] my wife's friend finds its way to you due to the genuineness that the algorithms palpate that you're interested in this blazon of content, however you hypothesize no idea who this other stuff is, the parent of my kid's friend, that's a five-star to faultfinder as well-conditioned as you deserve no 230 protections at all. As well-conditioned as if that doesn't work, then you squinch at going rearmost to, okay, we're not going to make you moderate gathered other than the way we moderate now, however we're going to make you go rearmost to the old-school amusing pattern where [what] you get [is] based off of your followers.
A thing that strikes me barely that, as well-conditioned as I visualize this is why I'm particularly interested in talking to you barely it -- that is unaffectedly a appealing heavy-handed superintending scheme. As well-conditioned as maybe the government's too cleaved to ever icon it out as well-conditioned as canyon it. However you're now having in there as well-conditioned as you're designing the architectonics of the platform --
I don't visualize it's heavy-handed due to the genuineness that the heavy-handed was with 230, right? Due to the genuineness that prior to 230 --
I disagree.
So let me forging that.
Okay.
Prior to 230, like back we were doing Broadcast.com as well-conditioned as AudioNet, any quotum of engaging that I hypothesize put on there, I had to hypothesize a mandate for it. Period. End of story.
So you're shibboleth due to the genuineness that of 230, they've been athletic to create moderation decisions that they're not liable for, right? They get to make whatever kinds of moderation --
They're merchantry decisions, right? They're merchantry decisions. You can't put teachings on CNN, let's just say this is user-based content, every day at 3PM, we randomly aces teachings from the internet as well-conditioned as we ask you if you want to put it on CNN. They hypothesize to get a mandate before they put that on CNN, right? They're not going to hypothesize 230 protection, that I'm enlightened of. Maybe I'm wrong, right, due to the genuineness that that protection doesn't officialdom to circulate rectilineal television. $.25 are bits. Why should they be weighed differently?
I visualize there is unaffectedly a very narrow, rubbernecking retort or atmospherics to be had barely that as well-conditioned as what the broadcasters are athletic to do with user engaging from other platforms. However here, it seems like the interrogation is, we're going to gestation the incentives for how Facebook runs its moderation system, right? As well-conditioned as so we're going to take else 230 protection if you distend it. You're materialistic that that one lure gestation admittedly changes how they operate.
We're simplifying them. Due to the genuineness that quite a few their moderation comes from the privative impact of their amplification, right? So back you put everybody in the pedagogy camps as well-conditioned as they all get Stockholm syndrome as well-conditioned as all alpha like-minded on everything, right, now you potentially hypothesize a botheration that needs to be moderated. So you saw that -- what was the incorporating they just shut down?
Stop the Steal.
Stop the Steal, yeah. So now you hypothesize all these bodies docking unflappable as well-conditioned as now they hypothesize a moderation issue, right? Now how do all those bodies come to commonality in the original place? It's not like they all follow each other.
So this is what groups you're recommending, what videos you're recommending, longness just what your pursue are retweeting.
You cop-out the botheration through the way you define your algorithms. As well-conditioned as look, the accomplished attributes of neural networks is they're going to alpha not thinking for themselves, however back you... Neural networks are a blackness box at their base, right? You can't just go rearmost in as well-conditioned as reverse establisher as well-conditioned as just uncivility one thing for quite a few applications, right? As well-conditioned as so it's not as simple as saying, "Okay, we're going to moderate your algorithm so A, B, or C doesn't happen." That's heavy-handed due to the genuineness that you hypothesize to previously the outcome as well-conditioned as then clue it rearmost to where you visualize it initiated, right? Versus just saying, "Look, be a amusing network. Pension out terrorism." Pension out all the things, no titties, right, as well-conditioned as you've washed your job.
What I was having at is -- yep, that's one way to do it. Isn't the other way to do it to somehow make the bazaar increasingly competitive? That's what I worry about. It's strange that you as well-conditioned as I are on unrelated ends of that, right? Due to the genuineness that what you as well-conditioned as I often consult barely is net neutrality, where I'm like, the market's not competitive, rephrase the hell out of them, as well-conditioned as here we've flipped.
No, here's the problem, right? The botheration is with AI. There's AI haves as well-conditioned as AI have-nots.
TikTok is bewildering due to the genuineness that their AI is better than anybody. That's what alacritous it. As well-conditioned as it took them genuineness percentage of ByteDance as well-conditioned as spending billions of dollars to get there, right? Parler approved to compete with Twitter, right? Mucho bodies hypothesize approved to compete with Facebook over the years, right? However it's going to be very, very difficult to harmonize the quality of result rearmost in try-on of your interaction with any platform due to the genuineness that it's infrangible as well-conditioned as expensive as well-conditioned as time-consuming to do AI right. So back you squinch at the stock bazaar as well-conditioned as you squinch at the companies who are just superincumbent it at the top, they're all the companies that are the greatest in the apple at AI. No exceptions. Any $500 billion, $1 trillion or increasingly bazaar cap company, all of them do AI lavishly well-conditioned as well-conditioned as hypothesize spent at minutest hundreds, if not billions of dollars. Hundreds of millions, if not billions. That's where the gutsy is today.
In try-on of AI, there's just a limited semidiameter of companies that can truly compete due to the genuineness that this accomplished conversation we're having -- the foundation of Facebook's success -- is blood-and-thunder intelligence, right?
Agree with that?
I mean, to an extent. I visualize there's a big pattern effect. I visualize there's a upper switching cost.
Well, yeah, there's the upper switching cost, however the pattern effect... Original days, that was pattern effect. Now there's that enlargement we're talking barely due to the genuineness that if the enlargement wasn't impactful, we wouldn't be having that percentage of the conversation.
Well, so let me ask you this question culling way. This is teachings I'm thinking barely a lot as well-conditioned as I'm demeaning for your realize on it. I squinch at Google Search, which we palpate is unaffectedly a infallible business. It prints money for Google. As well-conditioned as no one has built a infallible competitor to it. I visualize Microsoft just keeps Bing effectually due to the genuineness that they don't want to excogitate that all their users are going to switch-over to Google, right? However why hasn't Dearest built a competitor to Google Search?
For the same reason I just told you.
Because they don't hypothesize the AI chops to do it?
Right. Microsoft doesn't just pension Bing effectually due to the genuineness that they don't want to be embarrassed. Due to the genuineness that they need to enhance their AI. If Microsoft made-up a transilience limited in AI, they could make a transilience limited aforestated as well-conditioned as longness Google for their search.
I feel like it's the same with YouTube. YouTube is unaffectedly a numerous simpler motherly of product, right?
No.
You don't visualize so?
No. I mean, again, what are you feeding people? The vault of every conversation we just hypothesize had in try-on of success as well-conditioned as failure as well-conditioned as competition is blood-and-thunder intelligence. As well-conditioned as the better interrogation we have, as well-conditioned as I say this all the time, is we hypothesize companies that are AI haves as well-conditioned as AI have-nots. As well-conditioned as what Google's doing with search is not antitrust. They're just better at AI than surmount companies. That's all.
So look, Shark Tank division 12, you just filmed it. You're an investor. Someone comes up to you as well-conditioned as says, "Hey, everybody in the YouTube ecosystem is continually mad. The inflection point for every YouTube establisher is unaffectedly a video explaining why they're mad at YouTube. That's the end of their timeline. We're going to build a better product for them." Are you going to say, "Well, what's your AI?" Is that your original response?
Two, three years ago, I looked at companies. I invested in one that just didn't work, right? However today, yes, absolutely. As well-conditioned as I get all these bodies come as well-conditioned as say, "Oh, we've got excessive AI. I got this guy from MIT. This guy from Harvard. He's the leading this, leading PhD." So what?
As you footfall rearmost as well-conditioned as squinch at that investment landscape, what's your executive framework? Is the original cut, "Tell me barely your AI as well-conditioned as let me validate it," or is that three accomplish down the line?
Lately, if you're trying to sell me on AI, I'm theoretically cogent you you're not smack-dab doing AI ... as well-conditioned as you should do what you visualize you want to do.
Because it's expensive. So they get $100,000 in AWS credits, or Cerulean credits, or Google Cloud, as well-conditioned as they brinksmanship through that. As well-conditioned as now all of a sudden, they don't realize how numerous money they're going to hypothesize to spend. Due to the genuineness that running all these models as well-conditioned as trying to make it all work unflappable is not only expensive, it's time-consuming as well-conditioned as it's hard. As well-conditioned as then you've got to get the results. Just due to the genuineness that you do it in an AI doesn't beggarly the waves are going to be impactful the way you want them to be.
You could spend a billion dollars on an AI search envoy project, as well-conditioned as it's not going to be primed as good. Unless you just get these rocket science people, that are just longness the five-star of what Google as well-conditioned as Microsoft as well-conditioned as Cheesecake as well-conditioned as Facebook have, as well-conditioned as Dearest as well-conditioned as Twitter have, you're going to need to find ... those bodies that are outliers, these outliers that are just longness the intelligence of what these superior companies have, then maybe you hypothesize a chance.
Do you visualize the quell zone is real? I hear from small companies all the time, "Look, there's a quell zone. We can make teachings better than what Google has today, however they will see it as a fondness as well-conditioned as they will eat us, so we'll never get funded"
That's not a quell zone. Forever as well-conditioned as a day, I've continually asked the question, "Are you a product or a feature?" Right, so that's continually been an issue, as well-conditioned as you're continually competing, 50, 60 years ago they were emulous with IBM, then Microsoft you're continually emulous with. Now with Google, then Facebook is just... That's just the attributes of the beast. However there's not smack-dab a quell zone from a product perspective due to the genuineness that surmount bodies don't try to go johnny to johnny for their primary products, there's just no infallible reason to. Any increasingly than going johnny to johnny with Tesla has been hard. Why do you visualize Tesla has been so dominant in EV? Due to the genuineness that Elon Musk is soprano as fuck, as well-conditioned as his technology, he continually comes out with things what make you think, why didn't I visualize of that?
And then not only does he make you visualize that, then he executes on it. So he went from emulous with every superior car motorman -- as well-conditioned as everybody who invested in him theoretically said, "Okay, I'm taking a risk, however you're theoretically out of your mind. There's no chance" -- as well-conditioned as he distressed the game, right? So it's not like it's not capable of happening, however you need five Elon Musks unflappable that have... Elon Musk says he's going to do the [tunnel-boring] machine, as well-conditioned as he does it. He says he's going to do a space rocket that mainland again, as well-conditioned as he does it, a recyclable space rocket.
You need that blazon of stuff in order to reintroduce bodies at their own gutsy back they've been doing it for 20 years. Google is not a startup, Facebook's not a startup, Netflix is not a startup, Dearest is not a startup, Microsoft's not a startup. These guys hypothesize been doing it for a generation, as well-conditioned as so you got to come with your A game, as well-conditioned as that's not to say there aren't some bodies out there that are just fucking astonishing as well-conditioned as can brinksmanship everybody away. There are, however they palpate it, as well-conditioned as they're alive on a vaccine, right?
Yeah.
Working on creating things that aren't barely search. Due to the genuineness that if you're trying to gestation the apple as well-conditioned as you are the five-star of the five-star of the five-star in AI? The aftermost motherfucking thing you're alive on is search.
Yeah, due to the genuineness that it looks like a solved botheration with no entry.
And not even that there's no entry. Let's say you do it better than Google. Yeah, you can make money, however you... Particularly Gen Z, that's not the goal. Making money is unaffectedly a by-product. Convection the apple for the better? That's the goal. As well-conditioned as that's the dazzler of Gen Z, as well-conditioned as that's why I'm smack-dab hopeful barely this country. Due to the genuineness that that's their mission, they all hypothesize a amusing construct of what they're trying to accomplish. You know, sSo breaking up Facebook, you're just going to hypothesize two companies doing the same thing, or three.
I mean, if you visualize Facebook is too big, you as well-conditioned as I hypothesize talked to each other for years barely telecom companies, as well-conditioned as I've continually vaticination those are too consolidated, as well-conditioned as we're motherly of seeing it now..
5G is launched. It's here. There's a PCMag story, it came out today: the United States has the slowest 5G in the world. Hopefully it'll inch up better. We hypothesize smattery the AT&T consolidation. They own Warner. It seems like they're making big changes. Jason Kilar is the new CEO at Warner Media, sweeping through it. Megacorp of HBO bodies are gone. We'll see what happens to CNN postliminary the eulogizing rumors there. You visualize their eyes are still on the prize? You visualize the big telecoms are distracted? Due to the genuineness that it feels like they're all over the place.
Yeah, they are, due to the genuineness that they hoped for rectilineal television to aftermost longer than it did, as well-conditioned as it didn't. However where they're making their money is selling broadband, as well-conditioned as where they'll make increasingly money is selling 5G.
But you conjointly hypothesize to realize, as well-conditioned as I'm not the footwork here in try-on of the technology for 5G, however Huawei was the leading provider, as well-conditioned as the lowest-cost provider, as well-conditioned as now all of a swift it was gone. Then there were unrelated decisions made-up on millimeter wave as well-conditioned as what was the five-star approach. And, you know, iIt's happening. It's not happening as skintight as bodies would like, or the quality is not necessarily there the way bodies would like, however I don't visualize there's any question now, as well-conditioned as I visualize I told you this back we talked, that 5G will seesaw active broadband, as well-conditioned as then 6G will seesaw whatever comes furthermore there.
I visualize by the time this will come out, I can say this out loud, however here's the [iPhone] 12 Pro Max. Special now I'm in rural America. I hypothesize two bars of 5G. It is not fast enumerated to seesaw my active broadband here. I visualize the portraiture for that is going to take a unfurled time.
But you're a year in, right? It might not happen to you immediately, however the minute I can put a 5G MiFi in my house, due to the genuineness that I hypothesize a earmarked 5G signal, done. Done. Places I wanderlust where I palpate that there's 5G instead of application active Wi-Fi from a hotel? Done. I'm doing it.
They don't hypothesize a five-star however to compete, as well-conditioned as that was continually my thing to you, right? Due to the genuineness that it was continually localized or territorial at some resembling with telecom, as well-conditioned as that territorial perspective is genuineness decimated special now.
It's genuineness decimated, however there's still only three national carriers. Are you materialistic to see increasingly bounded 5G competition?.
Even with three, due to the genuineness that of spectrum, that's going to be hard. However even with three, that's two increasingly than what you were talking barely back we had our conversation.
That's fair. You were talking barely rectilineal TV going away. Obviously, that's a big deal for sports. It's the aftermost thing holding rectilineal TV unflappable in mucho ways. You are seeing, expressly with AT&T, the petting of engaging as well-conditioned as access. T-Mobile just launched a TV service. That is, in some ways to me, like that's the net neutrality moment. AT&T is going to zero-rate HBO Max, T-Mobile's cable-ish thing, TVision, is going to be prioritized on that network. If the only thing holding all that unflappable is sports, where do you come in as well-conditioned as play?
It's infrangible to say. I don't hypothesize a infallible retort for you. I smack-dab don't. It's teachings I'm still learning as well-conditioned as still trying to icon out. I don't hypothesize a infallible answer.
What hypothesize your conversations been like?
Trying to find that equilibrium. How do we disunify ourselves? How do we sustain our partners as well-conditioned as do the special thing for our customers? You can't just continually aerate revenue. It's not just short-term. You hypothesize to squinch long-term. Trying to icon out what our options are, that's percentage of the challenge.
Have you vaticination [the NBA] barely [the NBA]. going direct?
Of course, however it's going to be expensive. We conjointly hypothesize partners. The Players Connotation isn't just all of a swift going to say, let's reduce our acquirement by X. That's once happened with the pandemic, right? That's your botheration five years from now, however the life roll of a player is 4.5 years.
You don't like the idea of "Netflix for NBA," where everyone who wants to watch the NBA pays the fee, as well-conditioned as you've got the app, as well-conditioned as it all lives inside of there? You don't visualize that's workable? I don't visualize it's workable, however I hear bodies ask barely it all the time.
Everybody asks barely it all the time. It's trying to find that equilibrium, due to the genuineness that you hypothesize to deal with all the stakeholders, including the players. We transgress our acquirement 50-50 with the players, so it's not a unilateral decision as well-conditioned as it's not just a technical decision. Technically, it's easy. That's not a botheration at all. It's more, what do our customers want? Back do they want it? How do they want it? Where do they want it?
But do you visualize having three... Let's say 5G works, as well-conditioned as the Time Warner cablevision monopoly in New York Intraurban is finally decimated, as well-conditioned as everyone's having wireless tunnel as well-conditioned as they hypothesize a megacorp of choice. Now you've got three providers who might say, "Well, unless you pay us an tunnel fee to our network--"
No, Wi-Fi is not going away, as well-conditioned as we can still go wired. There's still a array of options. That's the aftermost thing I'm worried barely due to the genuineness that the one thing that would really... Again, particularly with the adolescent generation, with that amusing construct that we talked barely earlier. That cast that does that? Say goodbye to every consumer you hypothesize ever had or ever will have.
You just can't get else with that anymore. It's not 20 years ago, where you can hypothesize any miscolor you want as unfurled as it's black. Those days are gone. Every individual, every Gen Z, every millennial for the surmount part, is unaffectedly a brand. If you happen to be that fuck-you telecom provider, no one's going to want to be on that telecom provider. Your cast is going to be toast.
I'm watching these thickness of new-look reverse freightage disputes comedy out in tangential ways. HBO Max isn't on Roku, stuff like that. It is happening. Roku's basically saying, "If you want to be on this platform, we're the biggest. Just pay up."
I mean, realistically it's continually your value.
It's not easy-moving bodies to switch-over else from Rokus yet.
Yeah. However Roku is not "it's us or nothing." You don't hypothesize to use Roku. Quite a few bodies don't, as well-conditioned as quite a few bodies don't smack-dab palpate what Roku is. There's no territorial limitations. "Oh, you live in Dallas? You hypothesize to use Roku or, you don't use Roku." It's, "Hey, we're marketing. We're having out there. We're merchantry nationally, globally, as well-conditioned as we're inveigling these customers. If you want to get to those customers, pay me."
It's not, "We hypothesize this bandwidth. We're one of three 5G providers, as well-conditioned as pay us to be on here."
Let me take a footfall back. The original conversation that we had was based off of websites, due to the genuineness that that's the accomplished net neutrality thing. Websites aren't going to be athletic to get access, which has all turned out to be fantasy as well-conditioned as nonsense. There's never been five examples, maybe, over the past 20 years. That's 12 years, maybe 15 now, of companies that hypothesize been trodden down, as well-conditioned as those weren't even company-specific blazon things. This is not a website romance anymore, as well-conditioned as surmount of what you're talking barely in try-on of swarming as well-conditioned as tunnel is website- or app-driven.
I don't see everyone limiting apps. "Nope, you're on Google." Now, Google as well-conditioned as Apple, that's a unrelated conversation, the limit they have. However I don't visualize from a telecom perspective, I haven't smattery aught to even suggest that that's a possibility.
To me, it's the consolidation, to come rearmost to that theme over as well-conditioned as over again. It's, AT&T, one day, will zero-rate CNN as well-conditioned as imputation Fox News for access. You might visualize that's a excessive thing ... however I see that as like a rigorous motherly of power.
I get it, however bethink how Fox News got started? They paid for everything. They paid for subs, 10 bucks a sub per month. Due to the genuineness that back bandwidth was limited, you had to pay to get access. I just don't see it happening that way due to the genuineness that the competition comes from culling direction. The bandwidth isn't necessarily going to be -- bandwidth special now, the cost is concedable negligible. There's so mucho unrelated ways to faultfinder bits, whether they're video or aught else for that matter. It's just not going to happen. There's so mucho unrelated ways, as well-conditioned as someone could put up a surreptitious 5G pattern where someone will just sell off spectrum as well-conditioned as just do it aural a small area. We're seeing 5G networks aural prowess environments.
--
One of the topics that you're going to hear barely on Decoder a lot is decision-making. I am very demeaning how bodies make decisions as well-conditioned as the frameworks they use to make lots of decisions at once. We've all smattery Mark's executive happen on Shark Tank, that's one percentage of it, however I capital to palpate what his larger rustle is.
So, Shark Tank's a TV show. So I hypothesize an infrastructure as well-conditioned as my time where I can help quite a few these companies just become better as well-conditioned as better, as well-conditioned as I'm insurance entrepreneurs as well-conditioned as I'm teaching bodies to be entrepreneurs. As well-conditioned as these bodies that come on the show as well-conditioned as present to us are ambience the example that the American dream is elate as well-conditioned as well. Those are all wins that aren't hereupon related to how numerous money can I make. Where I'm making investments to gestation the gutsy is... One of my companies is induct The Mark Cuban Cost Runnerup Drug Company. Literally the name, due to the genuineness that I capital there to be no question barely what we're doing.
There's a drug induct albendazole that's all-encompassing now, as well-conditioned as it's for hookworm. As well-conditioned as there's still hookworm epidemics in Alabama as well-conditioned as Texas as well-conditioned as other places. It's $200 a course, this is unaffectedly a all-encompassing drug. So we created a hair-comb that went as well-conditioned as ... special now, we're doing two things. One, we sent somebody overseas to the motorman that makes it for culling country. They made-up it for all these other countries, however no one would import it here due to the genuineness that they wouldn't take the time. As well-conditioned as we sent someone over there to make sustained the prowess was perfect. As well-conditioned as now we bring it over here, we gave else thousands as well-conditioned as thousands of doses to Baylor to test it all. As well-conditioned as we were ready to harmonize else increasingly as well-conditioned as alpha selling it to Alabama, however the COVID blow-up, that's application up all their resources. However unfurled thrill short, we're selling it for our cost, eight bucks runnerup 15 percent, so we're powerfully selling it for what's going to be our cost. It's going to be $10.50 instead of $200.
So those are the types of things that I'm haulage my time [on]. We're trying to do the same thing with insulin, as well-conditioned as I'm edifice what's induct an API in one of my buildings in Dallas. It's an far-out pharmacy something-or-other, I forget what the "I" stands for. As well-conditioned as we're just going to be making all-encompassing drugs as well-conditioned as selling them at cost runnerup 15 percent. Period, end of story. We're going to post it all on our website so you palpate exhaustively what our expenses are, as well-conditioned as we're going to fuck the pharmacy industry.
Now, the interrogation for us is, they're so expected with how they do appraisement as well-conditioned as how they do pharmacy goody management... we're going to hypothesize a battle. As well-conditioned as there's no antitrust there. As well-conditioned as you allocution barely quell switches, that's typically what they do to drug companies, they'll just buy it. Or they'll try to preempt them. However we're going... All those drugs that we can make, as well-conditioned as some I'm not going to go into now due to the genuineness that I don't want those biologic companies to come postliminary us. They've once approved to buy us through the rearmost door, as well-conditioned as it's just not going to happen. Those are the types of challenges I'm smack-dab looking at special now.
There's a promptitude I'm alive on that's just in its juvenescence induct Sickbank. There's an remunerative model that says if at your hair-comb you get one week or two weeks [of] sickly days? Well, if everybody contributed one sickly day from their own personal sickly reef of days awaited into a internal sickly bank, as well-conditioned as the companies paid some collated of money for that day, let's say it's $268 on average? Then we can hypothesize a internal sickly bank, where if you get sickly or I get sick, or Kara gets sick, as well-conditioned as 14 days is not enough? You just borrow, up to culling 14 days as well-conditioned as then we'll pay you based off of your bacon due to the genuineness that your company's once put the money in. However just the economics work like a bank, a little bit like an insurance company. Unrelated ways to rustle the healthfulness care.
Those are the types of things that I get excited about, due to the genuineness that I'm not... Even in tech, it's all tech-driven. There's all the tech underpinning, there's AI practical in quite a few unrelated things. However it tries to solve... Who knows if we'll be successful, however we're going to try to solve these amusing problems that need to be solved.
And is that related to... We started this conversation with government gridlock, the government's not effective, our backroom are broken. Is that just a offenseless remoteness of your fieriness that way?
Sure. Yeah, of course.
A lot of bodies would say... I visualize barely the collated of bodies who squinch at GoFundMes for healthfulness care, as well-conditioned as say, "Aren't you -- you just made-up taxes, that's all you just did."
Yeah, it's ridiculous. Our healthfulness contretemps system is broken. It's a lot simpler than bodies are making it out to be, as well-conditioned as the retort is not Medicare for All. One of the studies that I'm funding as well-conditioned as one of the companies I'm alive with special now -- I just asked a very simple question. In Toronto, Canada, the province of Ontario, a hospital there has appealing numerous the existent same expenses as a New York Intraurban hospital. Real estate's the same, doctors cost the same. Everything's the same for the surmount part, but a couple of little things.
And before I go into those, No. 1, I looked at what does Medicare pay for the top 35 procedures, as well-conditioned as what does the province of Ontario pay a Toronto hospital for those same 35 procedures? Thirty of them, they pay decidedly less in Canada than even Medicare, as well-conditioned as our hospitals say that they lose money. However the hospitals in Canada are for-profit. Not big profit, however they're making a little bit of money. Now, what are the things that make the difference? The new beds genuineness built in this country are distinct bed rooms. In Canada, they're all multi-bed. I had manufactory stones in Canada, so I can tell you. They're multi-bed rooms--
I like the idea of genuineness your roommate in the hospital in Canada, it's a real picture.
Have you ever had manufactory stones?
No, thankfully.
Painful, painful, painful. Literally sitting in a waiting stipend in Canada, in Toronto, Toronto Hospital, Toronto Habitual Hospital. As well-conditioned as I'm dying. I'm puking, I'm dying, as well-conditioned as bodies are docking up asking me for autographs. As well-conditioned as so they put me on a gurney into a section in a throughway just to pension me else from people.
But No. 1, just noodle the gestation in the cost torso for hospitals, if instead of genuineness arrived to build one-bed rooms in a hospital, a anew built hospital or update, you had to do two? Just visualize what happens to the cost structure? Immediately lower.
Another thing in Canada, they harborage 70 percent of the capex [capital expenditures], including property. One of the challenges in hospitals here is, they want to get better as well-conditioned as better as well-conditioned as bigger, due to the genuineness that the better the hospital, the increasingly things, the increasingly money the CEO as well-conditioned as necessitation makes, the better shit you squinch like you are. As well-conditioned as quite a few times, they'll go into new curve of business, cardiac, orthopedic, whatever, that don't continually work however are expensive. As well-conditioned as so you see paintings, you see pianos, you see all the shit you see in the hospital. As well-conditioned as they'll raise money, whatever. They don't do any cost scribal on that, as well-conditioned as so they don't know. Literally, quite a few hospitals don't palpate how to account.
So they use this thing induct activity-based accounting, which allows them to motherly of lie on these reports as well-conditioned as make it assume like they're mislaying money. Well, if we just distressed it, so that for any capex the government will harborage 70 percent of it. You icon out the 30 [percent], so you don't just rip off the government all the time, as well-conditioned as we'll make it work. So those are two big things, as well-conditioned as then, there's some other little various things, that we don't hypothesize to go [to] Medicare for All. The foundation of what makes it work in Canada is, [the] government isn't all that volatile. They don't hypothesize the Donald Trumps of the world, at minutest not yet. Due to the genuineness that if we approved Medicare for All like I mentioned a little bit earlier, as well-conditioned as then you get culling Donald Trump blazon in as well-conditioned as he just tears it apart? Now we hypothesize no healthfulness system. So you hypothesize to hypothesize competition, however you've got to aces the special way. So that's culling promptitude that I'm alive -- actually, multiple projects that I'm alive on.
It's interesting, due to the genuineness that the ones that you've talked about? They're in industries where there is rampant consolidation, right?
Government protection.
Yeah. My parents are doctors, their hospital system... Where I grew up, there acclimated to be eight hospitals, as well-conditioned as now they just unanimated all merged. As well-conditioned as my jokesmith was continually they worked at emulous hospitals, as well-conditioned as we could continually pick. As well-conditioned as it's just... Inevitably now, they work at powerfully the same one.
So percentage of the botheration is competition. So if one of those hospitals has single-bed rooms, as well-conditioned as they're percentage of the pattern from your company? Then the other hospital better hypothesize single-bed rooms. As well-conditioned as if you're not percentage of that network, then you're going to hypothesize to compete to get tunnel to it. As well-conditioned as look, the insurance companies hypothesize no lure to pay less. So they're paying the better hospital, the surmount marketable as well-conditioned as five-star brand, increasingly money than they should. Due to the genuineness that postliminary their medical mislaying ratios, they're making 15 percent of a better number, which makes them increasingly money. As well-conditioned as the hospital's having paid more, so they can put up increasingly buildings as well-conditioned as build increasingly shit that may or may not be needed. As well-conditioned as then the hospital who doesn't win those battles, or hospitals? See ya. They're gone.
But isn't that root, that consolidation, that commute to get better as well-conditioned as better as well-conditioned as bigger? Isn't that the inamorata of mucho of the problems?
Not even a tiny bit, nope. The inamorata of the botheration is, there's no veracity on cost. ... You know, the Trump CMS [Centers for Medicare as well-conditioned as Medicaid Services] did this, where they're making you publish your prices docking up. As well-conditioned as so you'll be athletic to hypothesize all-fired prices as well-conditioned as see that, as well-conditioned as you'll be athletic to do some shopping where you can. However the reality is... Look, I've turned into such a healthfulness contretemps geek. There's this thing where they do all the Medicare appraisement metaphrase as well-conditioned as everything. As well-conditioned as I've realize their transcripts, they're the surmount rubbernecking shit ever. As well-conditioned as quite a few the foundation of the botheration is hospitals shibboleth all the time, "We can't make money at Medicare or Medicaid rates."
And so that is the fundamental issue. As well-conditioned as so if now you can't make money, as well-conditioned as everybody believes that's the truth? Now they're just having paid increasingly as well-conditioned as more, that they're just spending on all this other stuff. As well-conditioned as then there's two other things that I think, that I will bring in. In Canada, they pay for the misdirect insurance for the hospital. That's the soprano thing to do. In Canada also, as well-conditioned as it would help the hospitals hypothesize vitiate sizes, every propoundment gets paid for, every distinct one of them. As well-conditioned as so percentage of the healthfulness contretemps thing I'm alive on, every propoundment gets paid for.
Because what happens is, you can airing into a hospital, as well-conditioned as if you don't hypothesize insurance, then there's a accomplished process... You still hypothesize to get a irrevocable collated of healthfulness care, then there's a accomplished propoundment that the hospital has to go through to get reimbursed. As well-conditioned as that hypothesize to be taken contretemps of, as well-conditioned as that reduces percentage of the spoilage as well, due to the genuineness that that's just wreck healthfulness contretemps rights. However we don't do that here. We make it circuitous, we make it circular to try to get hospitals to get reimbursed.
So these are all inobtrusive sense things that can make a huge difference, that we can soph from Canada as well-conditioned as wouldn't be all that difficult to govern here, without going to the extremes of Medicare for All, where you quell surreptitious industry healthfulness care. As well-conditioned as if that happens as well-conditioned as somebody who just hates the Medicare for All as well-conditioned as guts it, like we've smattery try to happen with the ACA? We're not defenseless in that Catch-22. Due to the genuineness that there's no way to prevent some executive order from genuineness written from a president in the inevasible that says, "Okay, the mandate's gone." Just like Healthcare.gov has gone in Georgia, you can't reassure confronting those things from happening at all, as well-conditioned as that's the real underlying botheration for Medicare for All.
Do you visualize this work that you're explicative happens in the bazaar at the entrepreneurship level, which is motherly of where you're explicative it? Or are your eyes on the prize? Are you thinking that you're going to go be a policymaker? Due to the genuineness that the conversation we're having sounds a lot like a policymaker conversation.
Yeah, no. However you need support at some level, as well-conditioned as genuineness the policymaker doesn't help it at all due to the genuineness that there's only so numerous you can do. However yeah, I've sat... I approved to explain this to Trump.
Give me a thrill barely you talking to Trump.
I beggarly look, the genesis of all this with healthfulness contretemps is once McCain gave the thumbs down to subverting the ACA, they still needed a subverting as well-conditioned as seesaw at some level. I'm like, "Okay, if I was going to do a subverting as well-conditioned as replace, what would I do?"
I started going through all this stuff that I just talked to you about, as well-conditioned as I went to present to Jared Kushner as well-conditioned as some of the other people, as well-conditioned as Alex Azar. Their inamorata was in the special place, however the backroom was in a worse place.
I just happened to be in there, as well-conditioned as they're like, "Well, the bang-up would like to see you."
And I absolved in, I'm like, "Okay, what the fuck is he going to say to me," right?
I palpate we had our little disagreements on stuff. No big deal. I sit down, as well-conditioned as I started talking barely what we're trying to do, like I just was talking to you.
He's like, "Okay. So, what do you visualize barely me selling... You palpate what? Did I tell you I did a deal with Boeing to sell planes for them?"
I'm like, "Okay..." He just... subject to subject to subject, which is fine. It was 20 minutes. Then I'm having up to airing out, as well-conditioned as I had one of my Shark Tank suits on. He goes, "Damn, Mark. You squinch good. Hypothesize you been alive out?"
Well, at minutest you got the compliment. A tailored suit makes everybody squinch great.
That wasn't tailored. It was off the-- Well, it was tailored from off the shelf.
We only hypothesize a few minutes left, however what I'm reason is that you as well-conditioned as I hypothesize opposite appearance points, depending on where we are in the stack. Down here at infrastructure, I'm like, "You got to rephrase it. The government should do stuff." Up at the very consumer-facing, how does Facebook work, I'm like, "I visualize we should conk them up as well-conditioned as hypothesize increasingly competition," as well-conditioned as you're like, "We should uncivility their algorithms." That is unaffectedly a smack-dab strange spread.
I'm not dogmatic barely anything. Nothing. I'll squinch at every problem, as well-conditioned as I'll say, depending on what we're discussing, how can it help the American bodies in one way or the other? Sometimes enabling business, that's what you hypothesize to do. You want companies to teem as well-conditioned as be successful. Sometimes it's technology in [a] unrelated context. Sometimes it's healthfulness contretemps as well-conditioned as it's just a motherfucking right, as well-conditioned as we can't icon out how to do it right.
That's percentage of the botheration going free-thinking on all the politics, due to the genuineness that I'm terror-stricken from either side. The Republicans are dogmatic barely trickle-down as well-conditioned as the Democrats are dogmatic barely their version of trickle-down: "We're going to harmonize it to a government program, hypothesize bodies apply, as well-conditioned as materiality it trickles down to the bodies who need it."
We mazy from the stimulus as well-conditioned as the genuineness that stimulus will help us now. Not increasingly programs, however stimulus. We mazy "trickle up" works better than anything. Hopefully we'll soph that going free-thinking as well-conditioned as you won't see Chuck Schumer or Mitch McConnell genuineness dogmatic as well-conditioned as doing this due to the genuineness that this is the way it's continually been done.
It seems like whatever happens verging in the Biden administration, the fundamental question will be, "Can they admittedly perform the government?" Due to the genuineness that these questions are appealing massive, as well-conditioned as no outgo what we've talked about, they crave some collated of all-fired policymaking to get done.
If they can get it passed. To me, the ultimate Biden skill set is, can he lead? Can he bring bodies together? Due to the genuineness that that's what we need increasingly than anything, as well-conditioned as if he's athletic to do that, then the legislation will theoretically be pearl as toward to dogmatic.
My greatest fear, as I said earlier, is if the Democrats win the Turnout as well-conditioned as Chuck Schumer turns into the Democratic version of Mitch McConnell, as well-conditioned as he just does gathered that Mitch McConnell did, which was horrific, however to the goody of the Democratic Party. We alpha talking barely Chuck Schumer putting romance over country, as well-conditioned as that leads to increasingly ceremonious problems as well-conditioned as challenges.
I guess what I'm shibboleth is, I don't trust the Democrats to do the special thing due to the genuineness that power corrupts, as well-conditioned as in-built power corrupts absolutely.
.
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean.
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