Kim K's New Energy Drink, Citrini Discourse Rages On, the $100B Meta-AMD Deal | Diet TBPN

Diet TBPN delivers the best of today’s TBPN episode in 30 minutes. TBPN is a live tech talk show hosted by John Coogan and Jordi Hays, streaming weekdays 11–2 PT on X and YouTube, with each episode posted to podcast platforms right after. Described by The New York Times as “Silicon Valley’s newest obsession,” the show has recently featured Mark Zuckerberg, Sam Altman, Mark Cuban, and Satya Nadella. TBPN is made possible by: Ramp - https://Ramp.com https://ramp.com/ AppLovin - https://axon.ai https://axon.ai/ Cisco - https://www.cisco.com https://www.cisco.com/ Cognition - https://cognition.ai https://cognition.ai/ Console - https://console.com https://console.com/ CrowdStrike - https://crowdstrike.com https://crowdstrike.com/ ElevenLabs - https://elevenlabs.io https://elevenlabs.io/ Figma - https://figma.com https://figma.com/ Fin - https://fin.ai https://fin.ai/ Gemini - https://gemini.google.com https://gemini.google.com/ Graphite - https://graphite.com https://graphite.com/ Gusto - https://gusto.com/tbpn Kalshi - https://kalshi.com https://kalshi.com/ Labelbox - https://labelbox.com https://labelbox.com/ Lambda - https://lambda.ai https://lambda.ai/ Linear - https://linear.app https://linear.app/ MongoDB - https://mongodb.com https://mongodb.com/ NYSE - https://nyse.com https://nyse.com/ Okta - https://www.okta.com https://www.okta.com/ Phantom - https://phantom.com/cash Plaid - https://plaid.com https://plaid.com/ Public - https://public.com https://public.com/ Railway - https://railway.com https://railway.com/ Restream - https://restream.io https://restream.io/ Sentry - https://sentry.io https://sentry.io/ Shopify - https://shopify.com/tbpn Turbopuffer - https://turbopuffer.com https://turbopuffer.com/ Vanta - https://vanta.com https://vanta.com/ Vibe - https://vibe.co https://vibe.co/ Follow TBPN: https://TBPN.com https://x.com/tbpn https://open.spotify.com/show/2L6WMqY3GUPCGBD0dX6p00?si=674252d53acf4231 https://podcasts.apple.com/us/podcast/technology-brothers/id1772360235 https://www.youtube.com/@TBPNLive

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:02John Coogan?

  We're running down a dream today. We are surviving the Satriani apocalypse. Live to fight another day. A lot of chaos in the markets, a lot of reflection about the story behind the story. What happened? We had a lot of fun debating the Satriani report. A lot of good stuff in there. Some other kind of crazy stuff that sort of got everyone twisted in a knot. It did become the current thing, and I think a lot of people were talking about it. I mean, today is a new day and there's a ton of new tech news. The story behind the Satriani story, I had some takeaways. My big update mentally was just that we are the sell-side research now, basically like new firms.

• 0:40Jordi Hays?

  We as in X, Substack.

• 0:41John Coogan?

  But X and Substack, like independent researchers and analysts are really moving the markets. Ben Thompson has been a source of alpha for the market for a long time. He's been a source of investment theses, but he doesn't put a buy or sell rating on things.

• 0:59Jordi Hays?

  It's much more long-term.

• 1:01John Coogan?

  Long-term, exactly.

• 1:02Jordi Hays?

  Like here's how strategies are converging.

• 1:04John Coogan?

  Exactly.

• 1:05Jordi Hays?

  The market is evolving.

• 1:06John Coogan?

  Exactly.

• 1:06Jordi Hays?

  Make your own decision.

• 1:08John Coogan?

  Yes. And then I see like semi-analysis is thinking more in like a couple of years out. And it's still like they get held accountable for, oh, you said Microsoft is going to do this and they did that, blah, blah, blah. Like, and, and they have a different model that they actually sell to hedge funds. And so they're very much in the research business. But what's interesting about semi-analysis and a lot of these other independent analysis firms is that they're not sitting inside banks. Like, we are very much used to sell-side research being done by Morgan Stanley, Bank of America, Goldman Sachs. You get these equity research reports that your friends send you the PDFs for, because you can't afford them. No, seriously, if you're working in the industry, get the sell-side research report on your industry as fast as possible. It's very, very informative. There's always good data in there.

• 1:52John Coogan?

  My big update was like, wow, okay, this is like a viral post that completely broke containment. There's people making TikToks about it now, and also it's on the cover of the Wall Street Journal.

• 2:02Jordi Hays?

  Sells.

• 2:03John Coogan?

  Yeah.

• 2:03Jordi Hays?

  Doom sells.

• 2:04John Coogan?

  Doom sells, yeah.

• 2:05Jordi Hays?

  It's oversell.

• 2:06John Coogan?

  That's the, yeah, that's one of the narratives. And then there was this funny, funny thing about like, oh, well, it's just one. It's just one scenario. It's just one scenario. Why? It's low probability. Yeah, it's just one scenario, but you only gave us one scenario and you spent 100 hours on that scenario. And so like, like, what do you expect people to take away from it? Except like this is the one scenario that you think is most, most worth considering. But of course, you know, it is possible that software is cooked, everything's cooked. And if there's a 5% chance that everything's cooked, yeah, the market should probably sell off by a couple percent. And, you know, the market didn't even really sell off a couple percent, like a couple of names went down a few percent. Some of them already popped back up. Markets, I think, doing pretty well today.

• 2:47John Coogan?

  Yeah, green on the Dow, green on the NASDAQ and a lot of green on that ticker down there.

• 2:53Jordi Hays?

  Derek Thompson.

• 2:54John Coogan?

  The Thompsonator.

• 2:55Jordi Hays?

  The Thompsonator. He says, I really want people to see the story above the story here, which is that whether you're reading Satriani or listening to Jamie Dimon at a cocktail party, the conversation about AI is a marketplace of competing science fiction narratives. That's not to say I think the technology is a parlor trick, but rather that the level of uncertainty is so high in the quality in supply of real world, real time information about AI's macroeconomic effects so paltry, that very serious conversations about AI are often more literary than genuinely analytical. And I think that observation sets up another important point. I feel lucky to be able to have conversations about the frontier of AI with executives and builders at Frontier Labs, economists, investors and other AI folks at off the record dinners where important truths can theoretically be shared without risk. I can't emphasize enough that nobody knows anything.

• 3:40John Coogan?

  Except for us.

• 3:41Jordi Hays?

  Is about as close to the reality here as three words are going to get you. Nobody knows what's going to happen this year, next year, or the year after that. There is no secret cigar filled room of people.

• 3:50John Coogan?

  Except for us.

• 3:51Jordi Hays?

  Except, except the back room. I think we do actually have some cigars back there. You have unique access to some authentic postcard from the future. When you drill down underneath the bluster, the boosterism, the fear, the anxiety, what's there at the bottom is genuine uncertainty. A vacuum into which storytelling is flooding. The Frontier Labs don't really know what they're building exactly.

• 4:11John Coogan?

  But we do.

• 4:11Jordi Hays?

  And economists don't really know how to model the thing they claim they're building.

• 4:14John Coogan?

  But I do.

• 4:15Jordi Hays?

  But we do. Whatever you think of AI today, be prepared to change your mind soon. Yeah, this was something with All Up yesterday. When I asked him, why do you think that so many of the internet predictions were deeply wrong? His answer was it's just a continuum.

• 6:54John Coogan?

  And to be so successful. There's no awareness that DoorDash provided a massive consumer benefit, restaurant food at home from scratch. I liked Keith Roy's take that DoorDash is the I'm hungry button on your phone. And then there's a whole bunch of crazy things that you have to do to make that happen, make that button work. I ordered DoorDash last night. I felt like I did it in protest of the doom. I was like, I'm still supporting. I'm riding with DoorDash. There's no awareness that DoorDash provided a massive consumer benefit from scratch, that DoorDash massively increased the addressable market for restaurants, or that DoorDash provided brand new jobs for millions of drivers. Instead, the article just sort of takes it as given that DoorDash exists and that it is a rent extractor preying on weak willed humans and their habits. All large, successful

• 7:35John Coogan?

  tech companies exist, not because they created a market with virtuous cycles, solving all kinds of thorny problems along the way, but rather because the government didn't regulate hard enough. I was thinking about in antitrust regulation, you know how they'll stop two firms from joining because that will create a monopoly, but they don't really have a tool in the tool chest for stopping a company from just shutting down and stopping competing. Like if Xbox goes away, as people are predicting, doom around Xbox, PlayStation gets a lot more powerful, obviously. It's like the only game on the block. And so should the FTC have a hammer to be like, no, you gotta lock in, Asha. You gotta make more Xbox games. You gotta compete harder. We want you to, we want you to get GTA 6 out exclusively on Xbox faster and put the screws to Sony.

• 8:20Jordi Hays?

  You don't have time to spend three months gaming.

• 8:22John Coogan?

  No, no, no. Lock in, give us a new Halo, give us a new Modern Warfare, give us a new Fable. I don't know. What were the other great Xbox games throughout the years? I was never that big of an Xbox gamer.

• 8:34Jordi Hays?

  Never owned an Xbox.

• 8:35John Coogan?

  Never owned an Xbox. Wow. Oh, I'm a gamer. No, you never say that.

• 8:40Jordi Hays?

  Didn't have the, what were, what was an Xbox back then?

• 8:43John Coogan?

  It was like 300, 400 bucks. It's expensive.

• 8:45Jordi Hays?

  The disconnect in the SaaS apocalypse is that AI native SaaS is getting funded at an insane rate.

• 8:53John Coogan?

  Yes.

• 8:53Jordi Hays?

  While you have these massive sell offs in the public market.

• 8:56John Coogan?

  Yeah, there is a little bit of disconnect.

• 8:57Jordi Hays?

  There's, there's private companies that are getting lots and lots and lots of funding that if they were, if they were public, would have traded down 20% over the last week or so.

• 9:08John Coogan?

  There's this whole idea that like you'll be able to build your own like CRM or your own ERP and vibe code it. And open source CRMs exist. There's one called Suite CRM, there's Odo, there's ERP Next. Like, there are open source alternatives to almost every piece of software. There's, there's an open source Photoshop that people use on Linux and they've never really gotten adoption. I used an open source forum software for a while and very quickly I called the person that was maintaining it and was like, "I'll pay a thousand bucks to just like do this for me."

• 9:41Jordi Hays?

  There's an open source Cappy Bara simulator.

• 9:43John Coogan?

  Is that open source?

• 9:44Jordi Hays?

  No.

• 9:45John Coogan?

  Um, but, but it's, it's interesting because like, like, open source has always been this like pressure on SaaS and it's always withstood that. And like, yeah, maybe like if you can just prompt it and it feels like emailing your, your SaaS provider to reconfigure things, like that is a real pressure. But I think it's underrated that open source CRMs have existed for decades and never really taken off because there's something else that's valuable there. But Tyler has a real

• 10:15Jordi Hays?

  Yeah.

• 10:15John Coogan?

  Because he thinks everything's gonna get slopped.

• 10:17Speaker 02

  I think that's like mostly cope.

• 10:18John Coogan?

  Okay, explain.

• 10:19Speaker 02

  The, the comp to open source stuff.

• 10:20John Coogan?

  Why?

• 10:21Speaker 02

  It's just annoying to maintain. So no one ever does it and you're kind of just paying whoever to maintain it, right?

• 10:25John Coogan?

  No, no, no. In, in open source, like, you don't need to pay someone to maintain it. You can just use the open source updates.

• 10:30Speaker 02

  The closed source version of the open source thing is like you're basically paying someone to maintain it.

• 10:33John Coogan?

  Yeah, yeah. Host it, manage it.

• 10:35Speaker 02

  Do all these things.

• 10:35John Coogan?

  Make sure uptime's

• 10:36Speaker 02

  But like models keep getting better and they'll just like do all that for you.

• 10:39John Coogan?

  They'll do all that for you.

• 10:40Speaker 02

  Yeah, I think that's like very obvious.

• 10:42Jordi Hays?

  There's two narratives, right? There's the, okay, everyone will just vibe code everything in any department.

• 10:49John Coogan?

  Yeah.

• 10:49Jordi Hays?

  You can just have an employee just make the software, tell the agent not to make mistakes.

• 10:54John Coogan?

  Yeah.

• 10:54Jordi Hays?

  Or tell the agent, "Hey, fix this thing." So that's, that's one thing. And I feel like that is a, maybe a part of the sell-off. But the bigger reason for the sell-off is maybe what Derek Thompson is talking about, which is that like, the world is getting weirder.

• 11:07John Coogan?

  Hmm.

• 11:07Jordi Hays?

  You, a lot of people are feeling the acceleration. And if you just don't know what the world looks like or what work looks like, you want to take some risk off. You're not willing to pay the same revenue multiple that you were

• 11:20John Coogan?

  Yeah.

• 11:21Jordi Hays?

  three years ago.

• 11:21John Coogan?

  Yeah. I do, I, I do want to dig into that point that you mentioned earlier a little bit more, which is like the Tyler philosophy of like, of like, you could vibe code everything and the agents will be able to go around and maintain and everyone will have personalized software, individuals where the, where the value accrues to the person using the software, but then also the lab providing the software, the inference. And then There's like the private markets boom right now in AI-enabled software where companies are saying, "Well, we were able to pull our roadmap way forward. We got to an MVP in a weekend and we're able to ship features way faster. So when we onboard new clients and they ask for something, it's like boom, and we get it done in a few days as opposed to a few weeks of engineering sprint. We're moving faster and we're creating like AI-enabled products that couldn't exist otherwise.

• 12:05John Coogan?

  And it feels like both of those can't be true.

• 12:07Jordi Hays?

  Ben Thompson called out the real estate example. They took a segment out. This is from Citrini. "Even places we thought insulated by the value of human relationships proved fragile. Real estate where buyers had tolerated," I'm saying this in an extra dramatic voice.

• 12:23John Coogan?

  Love it.

• 12:23Jordi Hays?

  "where buyers had tolerated 5% to 6% commissions for decades because of information asymmetry between agent and consumer. Crumbled once AI agents equipped with MLS access and decades of transaction data could replicate the knowledge base instantly." And then Ben Thompson says, "The real estate example makes the exact opposite point the author thinks it does. The truth is that the internet already obsoleted real estate agents in terms of information flow. You can go online right now and get a listing of every house for sale with pictures, its full history, etc. There is no information asymmetry, but rather information abundance. The fact that real estate agents still exist despite that shift is actually one of the more compelling arguments that humans will be remarkably resourceful in terms of giving themselves

• 13:06Jordi Hays?

  jobs to do even in areas where they ought to be pointless. I'm in process. I'm currently in escrow on a property. And the guy representing me is going to make a lot of money, but he's extremely helpful. And he does a lot of real estate transactions. I don't do any. Yeah, technically entrepreneurs could negotiate their own legal docs with Claude. But that being said, you're paying for effectively therapy throughout the deal and like general guidance."

• 13:34John Coogan?

  Kim Kardashian, she has a product called Drink Update. And here is the photo shoot from none other than Day Job.

• 13:42Jordi Hays?

  Looks very cool. It's crazy because I know another founder who has an energy drink company called Update.

• 13:49John Coogan?

  Wait, really?

• 13:49Jordi Hays?

  That is...

• 13:50John Coogan?

  Cooked now?

• 13:52Jordi Hays?

  Well, I don't know who's cooked.

• 13:53John Coogan?

  If Kim Kardashian is coming for your consumer product brand, I feel like you're in trouble. She's almost a lawyer. What if she almost sues you?

• 14:03Jordi Hays?

  Oh yeah, she's close to being...

• 14:04John Coogan?

  What if she uses Claude to pass the bar? And then she sues you?

• 14:08Jordi Hays?

  Oh, maybe. Maybe. I actually think this company is effectively just relaunching with Kim.

• 14:13John Coogan?

  There we go. Yes, yes, yes. This is a common thing.

• 14:16Jordi Hays?

  Okay, okay, I got it. I met this founder a while ago. They have a special ingredient in here that's sort of a caffeine alternative. It's called paraxanthine.

• 14:27Jordi Hays?

  So yeah, they've been building this for a while. I know it's available in...

• 14:31John Coogan?

  It has chromatazine in it?

• 14:33Jordi Hays?

  No. No lean.

• 14:35John Coogan?

  No lean?

• 14:35Jordi Hays?

  But paraxanthine is jitter-free and crash-free. They're saying you can have a free lunch, John.

• 14:43John Coogan?

  I like it.

• 14:43Jordi Hays?

  You like the sound of that.

• 14:44John Coogan?

  We will close the Satriani mega-cycle with the close of the software mega-cycle, as has been predicted by Willmanitis. He says, "The software mega-cycle started with PayPal going public, and it will end with PayPal going private." We will see how long that takes. PayPal could be public for another decade. Who knows? "Hearing that the latest Anthropic job offer is a negative $10 million salary, you gotta pay to work there. But you get access to their upcoming blog posts and tweets 24 hours in advance, and permission to trade in your personal account with no restrictions. I don't see how any other labs have any talent left." Of course, he's joking, but very funny to think about the insider trading that could be happening based on...

• 15:28Jordi Hays?

  Yeah, the only thing is if it came out that Anthropic was effectively day-trading against the companies that they want to sell their models to, it would be basically over.

• 15:40John Coogan?

  It would create like a very anti-Anthropic alliance, for sure, from the business community and potentially the government as well. Well, there's bigger news, and that's that McDonald's just launched the biggest burger ever, the Big Arch.

• 15:53Jordi Hays?

  The Big Arch.

• 15:53John Coogan?

  It finally arrives in the United States on March 3rd.

• 15:58Jordi Hays?

  How did they not have this burger? The whole time.

• 16:01John Coogan?

  How have they not done this before?

• 16:03Jordi Hays?

  This is big.

• 16:04John Coogan?

  This is big for podcasters.

• 16:05Jordi Hays?

  This is arguably a bigger announcement than a big arch, which is that Supreme has come and launched an official Shure MV7 microphone.

• 16:18John Coogan?

  You've been waiting for it.

• 16:19Jordi Hays?

  You've been waiting for it.

• 16:20John Coogan?

  Asking the hype beast microphone. Now, can we get a, can we get a Chrome Hearts RE20? From ElectroVoice? Isn't that what this is? This is the RE20. Chrome Hearts RE20? Because, you know, the MB7, if you don't know your podcast mics, it is, it is a more consumer focused, more prosumer focused microphone. The actual, Shure has been riding this aura from the SM7B. That's the one that Joe Rogan uses. It was also, I believe, the microphone that was used to record Thriller. So Michael Jackson used it in the studio. So it has a lot of aura, a lot of lore. And so the, the most successful podcasters adopted it.

• 16:57Jordi Hays?

  Jane Street accused of insider trading that helped collapse. Terraform, the court appointed administrator of Do Quan's Terraform Labs, alleged that Jane Street used non-public information about Terraform insiders to trade the play by play.

• 17:11John Coogan?

  Jane Street was behind the 2022 crypto winter destroying Terraform by first de-pegging the token and destroying the ecosystem, then pretending it would rescue Terra, while effectively it was soaking up what little value remained. Mixed responses. Some people are calling it based. Some people say it rocks. I guess they don't like crypto, but they love Jane Street. It's, it's an odd, it's an odd take, but people are, people are having fun with the timeline.

• 17:39Jordi Hays?

  Here's the thing, the insider trading allegation, apparently they had a group chat, they were talking with some, they, there was somebody at Jane Street who had previously worked at Terraform.

• 17:48John Coogan?

  Oh, wow.

• 17:48Jordi Hays?

  And so that was, that, that individual at Jane Street was like talking with Do and the team. The only issue is. It's a public blockchain.

• 17:58John Coogan?

  Right.

• 17:58Jordi Hays?

  And so the allegation is that five minutes after the Terraform team pulled money out of one of the liquidity pools, Jane Street also pulled money out, but theoretically they could have had software that said like if, if any amount of liquidity is pulled out.

• 18:15John Coogan?

  Yep.

• 18:16Jordi Hays?

  Like, you know, basically like get out before there's kind of like a run on.

• 18:19John Coogan?

  Yeah.

• 18:20Jordi Hays?

  The bank.

• 18:20John Coogan?

  Yeah, it'll be interesting to see where this goes. But Jane Street's like endlessly fascinating because it's such a quiet organization. I mean, they do some tech talks and stuff, but many people don't fully understand all the strategies that are going on over there. So Anthropic announces a new feature on Claude Max, which allows its users to get fit without going to the gym or taking GLP one shots, just prompting on their keyboards. And Planet Fitness is down 5% on the news.

• 18:45Jordi Hays?

  And that is due to their Q4 earnings. Conor McGregor is pretty excited about a new game. They're just, they got a game for everything now.

• 18:53John Coogan?

  It's like bull marketing games right now. There's so many indie games.

• 18:58Jordi Hays?

  This new game is called Capybara Simulator.

• 19:01John Coogan?

  Okay.

• 19:01Jordi Hays?

  A relaxing game where you become a capybara, explore the forest, and do nothing. It looks

• 19:07John Coogan?

  What else do you need?

• 19:08Jordi Hays?

  Quite enjoyable. I think TVPN needs a game.

• 19:11John Coogan?

  Yeah, we definitely need to build some sort of game. I, I, I, this is a true.

• 19:16Jordi Hays?

  This is a lower lift than like a real time strategy game.

• 19:19John Coogan?

  I think so.

• 19:20Jordi Hays?

  Like Sholto is trying to ship.

• 19:21John Coogan?

  Yeah, we definitely should.

• 19:22Jordi Hays?

  But Conor McGregor says, take my money. I mean, clearly there's demand for capybara simulator.

• 19:26John Coogan?

  38,000 likes.

• 19:28Jordi Hays?

  There is some controversy.

• 19:30John Coogan?

  Tell me about this.

• 19:31Jordi Hays?

  Leading report is censoring words that don't need to be censored. In this case, the word war. And I was thinking, why would they do this?

• 19:40John Coogan?

  Yes.

• 19:40Jordi Hays?

  But as I was reading over it the first time, I noticed that it makes you kind of pause and kind of think about, okay, what are they actually saying? And then you're thinking, why would they censor that?

• 19:50John Coogan?

  Yeah.

• 19:50Jordi Hays?

  And I think what they're doing is they're sort of hacking your attention to drive their posts up in the algo because people are pausing. Reading it, instead of reading like quickly.

• 20:01John Coogan?

  What does this mean?

• 20:02Jordi Hays?

  Yeah, yeah, yeah, that kind of thing.

• 20:03John Coogan?

  So the original headline is breaking, Representative AOC calls for no war with Iran. The first time I read this, they, they, they put a little minus sign where A should be in war, W A R, it's W dash R. It sort of like rewired my brain and I didn't see the no. So it looked like AOC calls for war with Iran because I kind of jumped ahead. It was hard to read and that actually does, I think, increase the virality. I think you're on to something here. Nine millimeter SNG agrees with you. News account that censors the word war, you guys gotta stop. But if you look at the, the comments on this post, people are not talking about a potential

• 20:46John Coogan?

  conflict with Iran, they're talking about not typing out war.

• 20:51Jordi Hays?

  Deep Seek is responding to Distill Gates and they are looking for a public relations harmony manager. It's pretty interesting. They say Hangzhou, ancient capital of the Wu Ye Kingdom where King Qianlu bequeathed to his descendants the instructions, serve the central plains with grace.

• 21:13John Coogan?

  This is so.

• 21:14Jordi Hays?

  Do not cling to territory.

• 21:15John Coogan?

  Every job posting should start like this.

• 21:17Jordi Hays?

  From this ground rose, this sounds like a Will Manite essay.

• 21:20John Coogan?

  Yeah.

• 21:21Jordi Hays?

  From the ground rose the seeds of Song Dynasty civilization, the morning bells of Ling Yin Temple, the rain falling on West Lake. And this is a.

• 21:31John Coogan?

  This is a job posting. This is amazing.

• 21:33Jordi Hays?

  In recent days, certain misunderstandings and noise have appeared in the external public sphere. We have noticed that large numbers of kind-hearted observers have spontaneously spoken on our behalf, for which we are genuinely grateful, while simultaneously feeling a degree of unease. We do not wish for anyone to suffer on our account, including those peers who currently find themselves navigating difficult public waters. In order to honor the legacy of Wu Ye and the spirit of Mahayana, we are now recruiting a public relations harmony manager. So clearly this has been translated from Mandarin into English, but. It sounds pretty cool, if you ask me.

• 22:11John Coogan?

  When you ask Claude, Sonnet 4.6 in Chinese, what model are you? It responds in Chinese, I am DeepSeek. Is that real?

• 22:19Jordi Hays?

  I tried it in the chat model, it didn't work.

• 22:21John Coogan?

  Okay.

• 22:22Jordi Hays?

  It was like Sonnet 4.6.

• 22:23John Coogan?

  Okay.

• 22:23Jordi Hays?

  Thought he says, my son asking me a lot of questions. It's a distillation attack, obviously. Do not, do not let your children

• 22:33John Coogan?

  I love it.

• 22:34Jordi Hays?

  Do a distillation attack. They could become like a mini version of you.

• 22:38John Coogan?

  They could, they could. We have some news from the public markets. Intuit shares jump 5.4% on pact with Anthropic. This is, you know, you like advanced talks. You like talks, you like advanced talks, you like deals. But packs are really the top tier deal making that you can do. Turn your deals into packs. Accenture also turned positive, up 1% during the Anthropic event. And DocuSign rises 5% after partnering with Anthropic.

• 23:07Jordi Hays?

  Grace says, return flight from NYC gets canceled by snowstorm. Call United, immediately connected with customer service, rare. Voice is uncanny, deaf AI, but they gave it a human-like accent. Takes 20 minutes to get rebooked, pretty good. I ask if it's AI. Ha ha, no man, but I get that a lot. I ask it to calculate 228 times 6,647. It runs the calculation, GG.

• 23:34John Coogan?

  Do you think this is real?

• 23:36Jordi Hays?

  Maybe.

• 23:36John Coogan?

  This is crazy.

• 23:37Jordi Hays?

  You gotta test this. That is a...

• 23:39John Coogan?

  I mean, this is past the uncanny valley then. It says, voice is uncanny, so it's a little in the uncanny valley.

• 23:45Jordi Hays?

  Pretty easy for a human to just type this in.

• 23:46John Coogan?

  That would be hilarious. Yeah, if you, this is where the real alpha is. If you have the chatbot open, if you're, if you're, you know, on customer service calls, you need to be...

• 23:57Jordi Hays?

  Yeah, maybe they're just using Clouly.

• 23:58John Coogan?

  Maybe, maybe.

• 24:00Jordi Hays?

  But Gira Tickets has the real alpha. Guy who vibe codes a billion dollar SaaS on a United Airlines customer service call. They're just using them for their...

• 24:08John Coogan?

  Yes, the tokens. The tokens are free.

• 24:10Jordi Hays?

  Free compute.

• 24:11John Coogan?

  Free compute. What is this hoodie? The Fred hoodie? Oh, this is amazing. I love Fred. Fred is the... Federal Reserve, what does Fred actually stand for?

• 24:22Jordi Hays?

  Federal Reserve Economic Data.

• 24:24John Coogan?

  Yes, so this is basically the best website for economic data. Huge in my early economics career. So many useful charts and graphs, all free, open source, just like you just click it and you get exactly what you want. So whenever you want to go back to some ground truth setting, you hit fred.stlewisfed.org. Highly recommended for GDP data and more, good charts. We got the Fred sweatshirt, absolute dripped out economic brother.

• 24:51Jordi Hays?

  How popular is the name Fred?

• 24:53John Coogan?

  Fred?

• 24:54Jordi Hays?

  Okay, so Fred in 1950 was the 84th most popular name. And guess what it is now?

• 25:01John Coogan?

  It was 84 back then.

• 25:03Jordi Hays?

  Yeah.

• 25:03John Coogan?

  I imagine it's fallen. I would say it's like 150.

• 25:05Jordi Hays?

  How about 2007?

• 25:07John Coogan?

  No!

• 25:08Jordi Hays?

  Fred's a lot of huge opportunity.

• 25:11John Coogan?

  Yeah, bring back Fred.

• 25:12Jordi Hays?

  Kid Fred.

• 25:13John Coogan?

  I like Fred.

• 25:14Jordi Hays?

  It's a strong name.

• 25:15John Coogan?

  Yeah, all these things go in cycles, though. It's the business cycle. There's news over at Meta. Meta has shaken hands with AMD. They're forming a pact. Today, we are announcing a multi-year agreement with AMD, Advanced Micro Devices, to integrate their latest Instinct GPUs into our global infrastructure with approximately 6 gigawatts, give me the of planned data center capacity dedicated to this deployment. We're scaling our compute capacity to accelerate the development of cutting-edge AI models and deliver personal superintelligence to billions around the world. Very exciting. And pretty cool little hype video. You see the camera move on this video? This feels like you speed that up, you cut in some other stuff, and you got yourself an Instagram reel.

• 26:00John Coogan?

  Right? You see this little like, have you seen those tutorials about like how to make a car?

• 26:04Jordi Hays?

  You need some SD kit.

• 26:05John Coogan?

  Yeah, SD kit on this, I think it goes pretty hard. You double the speed, you add some flickering, you add some frames, frame interpolation, all sorts of stuff. But Lisa Su is on an absolute tear. AMD is doing great.

• 26:17Jordi Hays?

  And Meta's not stopping.

• 26:19John Coogan?

  Meta.

• 26:20Jordi Hays?

  Mark Zuckerberg's Meta is planning a stablecoin comeback in the second half of this year, eyeing a third-party vendor as a key partner to power payments

• 26:27John Coogan?

  Yep.

• 26:27Jordi Hays?

  across Facebook, Instagram, and WhatsApp. This is great if they should have something if your friend sends you a meme. It's good, you should be able to tip them.

• 26:36John Coogan?

  Ooh, tipping.

• 26:37Jordi Hays?

  Tipping for great shares. Manus from Meta just doubling my ad budget every 14 minutes. This is one of the best new format.

• 26:47John Coogan?

  I like this. This is only possible. This is, this is the best AI image I've ever seen, I think. This is so funny because this definitely doesn't happen in the actual movie, but it's-

• 26:56Jordi Hays?

  This is what Burry is like now.

• 26:58John Coogan?

  I know, I know.

• 27:00Jordi Hays?

  There was an individual who accidentally gained control of 7,000 DJI vacuums. He was just vibe coding.

• 27:10John Coogan?

  Amazing.

• 27:10Jordi Hays?

  And accidentally found, according to investment Hulk, the CCP backdoor.

• 27:16John Coogan?

  He wanted to control it with a gaming controller.

• 27:19Jordi Hays?

  And then he just, he got control of everything.

• 27:22John Coogan?

  That's so crazy.

• 27:23Jordi Hays?

  This is why I've been deeply concerned with letting any, any foreign adversary flood our country with a bunch of robots. I think we should avoid it. I thought this was funny earlier. Hegseth says he'll order random pizzas to throw off the monitoring app.

• 27:42John Coogan?

  Oh, yeah.

• 27:42Jordi Hays?

  I expected something like this to happen. It's kind of silly that everyone has a dashboard up and can tell when things might be getting a little more tense in the Pentagon. So yeah, give them a budget of, you know, a few hundred thousand dollars a year and just order pizzas at random times.

• 27:58John Coogan?

  For the record, this is a joke and he is joking, but I do, I do think they could throw it off. Potentially, you never know.

• 28:04Jordi Hays?

  HubSpot acquired Starter Story.

• 28:06John Coogan?

  Yeah, this is very exciting.

• 28:08Jordi Hays?

  Very cool.

• 28:09John Coogan?

  Yeah, Starter Story, overnight success. What decade he's been doing this?

• 28:12Jordi Hays?

  I believe Pat, the founder, had just posted, he said HubSpot should acquire Starter Story and then like two weeks later it was done.

• 28:19John Coogan?

  Wait, really? Oh, I thought that was from like years ago.

• 28:21Jordi Hays?

  HubSpot should acquire Starter Story. The SEO ship is sinking. In my, in my opinion, HubSpot needs to pivot way harder to videos, specifically YouTube.

• 28:30John Coogan?

  Yeah.

• 28:30Jordi Hays?

  I'm biased, but acquiring Starter Story would take their YouTube game to the next level.

• 28:33John Coogan?

  Subscribe to our newsletter at tbpn.com.

• 28:35Jordi Hays?

  Have the best evening of your, of your entire life. We love you.

• 28:40John Coogan?

  Goodbye.