
Summary
Written by a model from the transcript; not yet reviewed.
The hosts analyze the political fallout of the midterm elections, discussing how a major Democratic wave and widespread voter rejection of big tech and data centers signal public frustration with corporate corruption. They explore how AI companies face severe headwinds as their products struggle to prove their value to consumers while consuming massive amounts of energy and capital. The episode also covers the failure of Elon Musk's political and social media investments, ongoing legal battles, and the launch of new Apple MacBooks.
- Voters across the country overwhelmingly rejected data center expansions on local ballots, showing deep public resistance to the infrastructure required by artificial intelligence. 4:31
- The AI industry must improve its actual product utility rather than relying on heavy ad campaigns or political influence to win over the public. 10:08
- Elon Musk's purchase of X has failed to generate expected profits or political influence, resulting in an echo chamber detached from mainstream voters. 23:47
- Enterprise companies are beginning to cap token usage and scrutinize the actual productivity gains of AI coding tools before committing further spend. 53:56
Chapters
- 0:00Show Sponsorships and Intro
Hosts introduce the episode and list the sponsors that support the show.
- 0:47Election Results and Data Center Fallout
The hosts discuss the surprising Democratic victory and its impact on data center legislation.
- 3:47Corruption, AI, and the War in Iran
The conversation links public concerns over corruption, AI regulation, and geopolitical tensions to the election outcome.
- 5:32Microblogging’s Decline and New Platforms
The hosts analyze the decline of Twitter-like services and the rise of alternative social media like Threads and TikTok.
- 7:15X’s Failure and Influence Debate
They examine Elon Musk’s purchase of Twitter, its failure, and the broader debate over social media influence.
- 9:28Wrap‑Up and Next Episode Teaser
The hosts conclude the episode, previewing upcoming topics and encouraging listeners to stay tuned.
- 12:29Monetization Challenges for AI Platforms
They debate the difficulties AI companies face in monetizing their products compared to traditional ad models.
- 21:20Future of AI Products and User Trust
The conversation focuses on the need for better AI products to regain user trust and avoid regulatory backlash.
- 25:55AI Regulation and Democratic Agenda
The discussion turns to how the new Democratic majority may approach AI regulation and policy.
- 36:36OpenAI vs. Google Search Competition
The hosts compare OpenAI’s emerging search capabilities with Google’s traditional search dominance.
- 47:15Show Intro and Sponsorships
Hosts open the episode, introduce sponsors and set the stage for the discussion.
- 48:38Google’s Erosion of Search Value
Hosts analyze how Google’s ranking model is collapsing as content disappears and new platforms dominate search traffic.
Highlights
- 7:26
Data Centers Lose Big at the Ballotdata
Voters rejected 40 out of 41 data center and AI-related ballot measures across ten states, signaling a massive populist pushback against big tech infrastructure.
- 9:02
AI Products Lack Consumer Valueinsight
The hosts argue that AI companies are pushing expensive, inferior products on the public while expecting communities to bear the environmental and noise costs of data centers.
- 24:06
The Fall of X As a Political Barometerinsight
The recent election results proved that X is a disconnected bubble whose users were completely shocked by a political outcome that mainstream voters delivered.
- 50:44
Data from DoorDash and Uber reveals that AI agents generated only a few hundred orders combined last quarter, proving that consumer AI agents are barely being used.
- 1:35:12
The Danger of Computational Relativisminsight
A discussion on photo editing illustrates how people confuse standard deterministic photo adjustments with generative AI image creation, creating a false equivalence.
Quotes
“The Democrats won, I think, above anybody's expectations of what might happen in this midterm election.”
David Pierce · 3:21 “The products aren't good enough to sell people on the costs.”
Nilay Patel · 9:02 “The only thing that it will save them is great products. Like, I really and truly believe this.”
Nilay Patel · 32:50 “OpenAI said that it is catching up to Google search in a, in a meaningful way.”
David Pierce · 36:36 “The war in Iran is, is its own huge, right at the top of everybody's list issue.”
David Pierce · 5:35 “Apple Pay is an interesting example of this, right?”
David Pierce · 47:15 “What Meta and everybody else is proposing to do is just make that shady as all hell.”
David Pierce · 47:58 “Uber fulfilled four rides from AI agents last quarter.”
Nilay Patel · 50:44 “I actually am sort of mad at myself for not identifying that sooner.”
David Pierce · 56:02 “when you edit a photo in the Photos app on your phone or in Photoshop or whatever, and you do brightness and contrast,”
Nilay Patel · 1:33:27
Sponsored segments
- Satellai 0:00–0:41
- AWS AI 0:44–1:13
- On Investing 1:15–1:57
- Upwork 33:19–34:25
- AWS AI 34:27–35:08
- Satellai 35:11–36:25
- Bitwarden 1:00:00–1:01:26
- Verizon 1:01:00–1:02:23
- AWS 1:09:20–1:09:37
- The Verge 1:41:13–1:42:06
- Firefox 1:42:16–1:42:55
- Verizon 1:43:02–1:43:46
About this episode
The 2026 midterm elections in the US ended in a sweeping win for Democrats — and several dozen sweeping losses for the AI industry. Nilay and David dig into what the results will mean for data centers, Big Tech, and even the future of X. Then, they try to figure out whether anyone's making any money in AI — not so much, it turns out — and whether the touchscreen MacBook is worth the price. Further reading: The fight for tech accountability starts now Tech is about to get hammered in Congress Forbes: Elon Musk Deletes Midterm Posts After Stunning Election Losses Data centers lost the midterms Democrats leaned into Big Tech and AI opposition this cycle. Not even $200 million could help Elon Musk buy Texas OpenAI says ChatGPT is catching up to Google in search Google hasn’t figured out how to make AI pay like its search engine Uber only fulfilled 4 rides from AI agents last quarter DoorDash's CEO: Don't be 'delusional' after just a few hundred AI agent orders Apple is reportedly lowering AI usage budgets. Brendan Carr plans to let prisons jam cellphone signals SpaceX could buy Boost Mobile as part of its big mobile carrier plans Apple MacBook Pro with PROLED XDR Display review: a touchscreen winner Sam Altman addresses RAM comments: People should ‘put as much as they want in their computers Sam Altman says it’s better for RAM to be in a data center than on your desk Subscribe to The Verge for unlimited access to theverge.com, subscriber-exclusive newsletters, and our ad-free podcast feed. We love hearing from you! Email your questions and thoughts to [email protected] or call us at 866-VERGE11. 0:00 Bezos Hair Transplant Hoax 01:15 Midterms Shockwave Begins 02:00 Corruption And Data Center Backlash 06:53 AI Products Not Worth It 09:26 What Democrats Can Do Now 11:15 Congress Investigations Lawyer Up 13:15 Hype Reels Take Over Politics 15:42 X Bubble Versus Real Life 22:47 Microblogging Decline And AI Regulation 23:56 Ossoff Speech And AI Doomerism 27:35 Google Then Versus OpenAI Now 33:35 Back From Break 33:42 OpenAI Search Claims 35:19 Google Moat Erodes 38:02 Monetizing AI Overviews 42:52 Ads Break Trust 45:49 Google Zero Spiral 47:43 Agents Reality Check 50:41 Token Spending Pullback 52:50 Muse Novelty Wears Off 01:00:16 Brendan Carr is a Dummy 01:02:00 FCC Heat On Carr 01:07:04 MacBook Pro Touchscreen 01:09:09 Touchscreen Love Hate 01:10:25 Dynamic Island Reality Check 01:11:17 Best Touch Use Cases 01:11:58 App Support And Optimization 01:14:10 MacBook Pro Verdict 01:14:27 Speakers And Trade Ins 01:15:42 Sales And Upgrade Timing 01:17:11 SpaceX Boost Mobile Drama 01:22:05 Ram Altman Cloud Take 01:29:31 AI Photo Editing Panic 01:37:13 Wrap Up And Plugs Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcript
19,922 words · 8 speakers
Speaker names marked are inferred from speaking time and the show’s known hosts — they are not voice-verified.
Topics
- ChatGPT
- Chanel bag
- New York Times
- Photoshop
- Valentino shoes
- Photos app
- Getty
- MCP support
- RIAA
- Vox Media Podcast Network
Page updated · transcript and summary are machine-generated