What’s truly going on inside DOGE?

did this vault this giant filing cabinet is worth more than snapchat it's worth more than pinterest it's worth more than twitter as a company isn't that crazy i feel like i could rule the world i know i could be what i want to from at all in it like a days off on a road less travel we're gonna get a little current event empty which we don't often but i love current events so i wanna talk about a current event so was it at last night elon did this thing where he was like in trump's office with like his kid like crawling all over him climbing up up on them which is kinda of funny and he told the story about a mine where all the government files were did you hear what he said i didn't hear what he said i saw a photo of this place like underground somebody said oh it's the bureaucratic green gust from harry potter it's like this underground bank vault so elon said something that i feel like it was like an off handed comment but it's actually let me down this rabbit hole basically they're asking him about how he was like getting rid of all these jobs and he was like yeah i wanna like actually retire more people but i was told that i can only retire ten thousand people a month and i was asking well why is that and he said well because all the retirement paperwork is manual meaning it's literally on paper and it's written down on a piece of paper and then it goes down a mine there's literally a limestone mine where all the paperwork for retire people who wanna retire is where they're it's stored and so in order to actually make this work the speed that we can move the limiting factor it's the speed at which the line shaft elevator can actually move down like and you hear the story and you're like what the hell you talking about mad and so i went down a rabbit hole and i had to figure this out so can i tell you a little story about not just this mine but this whole company that operates yes around this so basically in the nineteen twenties there is this guy who grew mushrooms and and i guess in order to grow mushrooms in the part of america where he was growing mushrooms he had to grow them in a cave and so he was the mushroom king of america at one point he was the largest creator or grower of mushrooms in america here's was just german immigrant and he was kinda like this like funny guy where like his advertisements he called himself the mushroom king whatever and he had to rent a cave and grow mushrooms and eventually he bought a cave and that's where he grew mushrooms and this cave that he bought was massive it was a huge cave and for some reason starting in the nineteen fifties post world war two those damn european europeans started undercut them and started selling cheaper mushrooms and he was like my mushroom business is going to go under i this is not going to work i gotta figure out what to do and so he bought a bank vault door that was twenty thousand dollars in nineteen fifty and he installed it in his cave he took out the mushrooms and he installed this bank vault door and he went to a local bank and was like hey you guys have a lot of paperwork you've got a lot of files that you have to store i have the safest place on earth to store the this paperwork you wanna like make a make a business deal and so he's changed his business and he started this thing called iron mountain it was called iron mountain because it was literally in like a a mine that was like they would use the i don't know how this all works they would use like the the rocks to make like iron and he grew this thing like crazy and so basically this company called iron mountain google iron mountain market cap iron mountain inc is a thirty billion dollar company wow so this company i looked it up since the year two thousand they have created a billion dollars at lease or roughly per year in free cash flow and they now own something like i think it was something like eighty million square feet of storage and so they have everything so it could be like princess diana will is in there but it's like sony the the music company sony the record label sony has all of their masters recordings like literally like the the tape stored in iron mountain but their biggest customers is like an insurance company in connecticut who been in business for a hundred years they for some reason legal reasons they have to keep their paper files they have to save them for something like seventy five years this is nuts dude so so they're just a giant they're just like a physical vault for documents it says enterprise information management services founded at nineteen fifty one so it's just a giant vault and they're like we will protect your files will protect your paperwork exactly but it's huge so literally they have caves and he like would joke that it's an atomic bomb shelter but that wasn't really a joke they actually have a whole bunch of decommissioned atomic bomb structures as their vault and so and they do this because if you if you are like for example wwe is one of their customers and they have every single time they've literally like physically filmed a fight like a like a an event match they the match they store it and they have all these tapes which is like sounds like okay that's just like a small example but they have other examples where like a year old me would have broken in there so excited to just go to the vault of all wwe matches ever yeah but they also have like billions of dollars with of art so if you're a museum and you have extra art that you need store you're gonna go to iron mountain because you know it's like real like say it's one place or they have a bunch of these they have dozens and dozens of places so i think they one eighty caves like don't caves literally a cave in like why why not just a building what's wrong like because building with guys with guns why not because it has a low moisture so it's like it's like it's good for paper i see and a bunch of reasons like that but it's also like literally safe so like a cave is actually you i don't know how this works but it's actually safer in terms of like there being an earth they're being the atomic bomb when someone just gives me one scientific fact like just like a a minor if you were just like yeah though the humidity coefficient is is lower i or alright i don't need to hear more like i'm just like so sad as long as i know there's any scientific basis for something i'll just accept it the argument in full it's the there was a harvard study that's it has the same effect on me exactly it's and i was reading this and it was by the new yorker and there was like oh like it it it was hard to comprehend hand how like epic this thing this is the thing that stores the government stuff or no separate business yes so let's get to the government stuff so he said there's a limestone mine where this is all stored so he kind of like dismissed it because it was a mine but that's actually important but the federal government is a customer of iron mountain and so here's how this works this part is absolutely insane so starting in the nineteen fifties of the nineteen sixties the federal government became a customer of iron mountain and to this day it basically operates the exact same way and so right now the federal government is retiring around a hundred thousand people a year and when let's see say you work for the fbi or some agency federal agency the the postal service whatever and you need to retire because of a hundred plus years of laws there's a lot of complications and so when you retire you're supposed to get a pension let's round numbers of a hundred thousand dollars a year but some people might get ninety eight thousand some people might get a hundred and eight thousand and the reason they will is because let's say this federal employee was a cafeteria worker for a federal agency that requires a different set of rules let's say this person was a retired vet let's say this person was an amputee there's like a million rules about what what you are gonna be earning after you retire however this is all done on paperwork so every single federal employee they and not just the current ones but the past ones they have a manila envelope in this mine in pennsylvania the iron mountain runs and so when you wanna retire you had to file a piece of paperwork like you literally write up on a piece of paperwork you give it to your boss at your federal agency the federal agency has to mail it to the mountain or to the mine in pa and it takes roughly sixty days because one of the six hundred employees at this mine needs to physically cap the file in hand needs to walk to your file in the mountain which this mountain is two hundred football fields or are two hundred acres they had to literally hand like by hand go and get that file and they gotta look at your file they gotta say alright sean looks like a sixty five it looks like he he actually retired fifty nine years old and he came back so that gets a different thing turns out he served in the ira iraq war so he gets so this thing this thing this thing and then they close a file and they put it back and they send the paperwork back to your agency to let them know here's what sean is gonna be paid for his pension fund and that process takes something like ninety days to do that whole thing and since since the nineteen eighties they have spent hundreds of millions it's approaching billions of dollars to digitize this it's failed every time and the new yorker in two thousand four wrote this amazing article they're like we tried it in nineteen eighty we trying it now we tried it in nineteen ninety does it what what why why can't they digitize too much or gets accepted what it's a huge it's a huge task but this mountain it's in rural pennsylvania and these pennsylvania folks they're they were literally mine workers like that that's where they were this mine when it was an active mine so it's like generations of miners who are now doing this thing so it's not like these six hundred employees aren't exactly like computer experts they're like physical labor so they don't exactly have like the labor there to do it but also just the bureaucracy the same thing that happened with when obama launched was it health care dot com or whatever like it's just really hard within a government within the four years that a president is president to make this massive change and so this mine nobody and you're not gonna get huge pat on the back for like digitizing this process you know and people who work at the mind they interviewed a couple of them they were like it's a pretty miserable miserable place to work in the wintertime when we arrive at work where there when it's dark and then when we come home at night it's still dark and you can't have a flame in the mind so all of the food has to be delivered for us every day it's like fried food or pizza that's like our two vendors but they let you have unlimited over overtime if you if you want and it's an eight to five job and no one leaves like the retention is one hundred percent they're like it's just a good stable job whatever their a podcast i need to i wanna be listening to iron mountain pod or they're just just these minors just talking about about paperwork eating pizza say asmr channel of the limestone mine and the new yorker did an article and they like we're talking to these people and they were like if you guys wanna see taxpayer waste you should see what happens when a federal worker retire goes back to work and then retire again he goes one guy to interviewed they go i'm working on a case now that's taken me a hundred and twenty days to figure out how much pension this worker is owed and it's just a nightmare and so it's like literally a physical labor job to walk around in finalize this mining company is this this vault this this giant filing cabinet is worth more than snapchat it's worth more than pinterest it's worth more than twitter as a company isn't that crazy the third dollar company and the retention might be better and here's why it might be better here so so much better let listen workday workday is a piece of software i've never i i don't think maybe i've used it but like the thing about work workday is considered like a dinosaur software company right it's like or let's say adp like these payroll software that a lot of huge companies have and the they're regarded as a sticky product but the issue with that is that you a worker as well as management you interact with that product every everyday so you're like this fucking sucks so eventually you might get pissed off and wanna change it with iron mountain a bank by law has to keep these files on on and and citi hey we're gonna give this to you guys and they'll never talk to them again for the next fifty years dude should we open up a drawer like should we just go have these on a single drawer in iron mountain and just start saving like hateful youtube comments in there i just have one one little one little station they told a story about this mine they said there is some rich anonymous person this old lady who had like a hundred million dollars worth of art and she once a year but go down to the mine and bring a blanket and cheese and wine and would just sit and look at her art i just be like this is awesome and that was in the article that she did that crazy company right this freaking iron mountain really really fun fine i'm glad you found that also hilarious that you started with let's start with current events and then you started talking with this old file storage system from like the nineteen fifties and that's where you went with this this information did you see photos of it yeah i saw i saw the one photo now i'm looking at more and it's pretty wild dude this just like i mean it makes sense now that you say it now that you explain it it makes sense it's just who new who new with that this is how this how all works now there's like digital versions of this i forget what one some of the guys in the space are but like they're were like iron mountain was hey are you guys nervous about digital and they like dismiss it they're like dude do you don't know how much like crap people need to store like right we're gonna be fine like it's going good and so if you look at their financials it's just like consistently like a billion dollar plus of free cash flow just every year so this is how my wife treats my kids art she like created her own iron mountain in our house it's just disgusting alright so you brought up current events that you said something that was totally not a current event but there was other that actually i'm just curious give me your one to ten level of interest in this you may you may i i have a feeling you might not be interested in these elon offering ninety seven billion dollars buy open eye did that tickle you eight out of ten elon stuff is like inherently incredibly interesting at the moment right okay eight out of ten let's rank this one elon do it crashing the press conference in donald trump's o donald trump's oval office that was that a pen president and by the way i bet it's not even for the content just for the social dynamic of him standing behind trump it just just overtaking the press conference is that right that's my guess is that what you wanna talk about well there's a there's one other i wanna get to read on one do as a whole nine nine or ten yeah let's go in that order okay okay so start at ten yeah so you sent me a text last night and you said rule number one never outs shine the master elon musk and you're referring to the forty you eight it laws of power how to be powerful you never out shine your master elon musk one hundred percent out shine at donald there that was so ema to have donald just sitting there and elon standing up sort sort of behind him like he was gonna come put his arm like his hands on his shoulders you what i mean yeah yeah dirt he hijacked the press conference and just started giving his own speech a word speech while his kid is there rambling also and trump is just sitting there like a goo at the table and it was just so interesting i'd never seen anyone who's not the president give their own best efforts from the oval office while the president sits there forget what they were even talking about just that was like whoa hold on this is like you know if you watch the bachelor sometimes they do a two on one date it's like whoa hold on a one zero one it's two on one oh there's gonna be some drama here that's how it felt it felt like a bachelor two on one goes going when elon told the story of iron mountain trump like looked back at him and he goes no shit really like he was like like he was learning a like he was being entertained at that moment as well do you know what i mean i also love trip sometimes just like we're gonna send elon and elon gonna go in he's gonna he's gonna do great things he does great things and he's just like that'll be the plan but honestly that's actually not a bad plan it's like i gonna say one thing like we're gonna send michael jordan on the court and he's gonna shoot he's a great shooter it's like that's kinda what he does with things he's like we're gonna send elon in there he's gonna take care of things that was actually a really good trump impression i mean i didn't fully commit i do i do regret that i didn't fully commit because it kinda started off pretty hot and if i had really gone for it maybe i would to surprised myself but i'll never know and i live with that regret till i die i thought was pretty good i it was a very that had a lot of promise there oh what about the do stuff in general i have a i have a very opinionated take do you i have a big picture take and then i have just like small things and i wish wish more stuff would come out from so what was my big picture take i cannot believe we're on this timeline so if you just rewind the clock like a couple years ago here's what was going on i was reading this ray dahlia book do you ever read the ray dahlia like i forgot what was called rise and fall of nations or something like that that's basically how empires like fall right no the the title scared me and i was like i just kind of wanna i'd be ignorant but i read his first one principles and i know that he comes off historically is a pe right no no no he's a realist i don't know he's he's just a observer of of how things are so if you're gonna watch one thing by way watch it was alarming he's got this thing called the how the economic machine works it's a twenty or thirty minute youtube video which sounds long but it's amazing it's an animated video where he just explains how the economy works in a way that even a you know bo like me could understand and it's it's it's amazing go watch that like he should just pause his podcast and go watch that of thing it's called how the economic machine works the bricks mortar office by the way is literally one point five miles from my house if you wanna go and just talk to him yeah sure we should walk right in yeah we absolutely shit so he wrote this book about the rise of nations and he basically talks about like he studied all the empires to dutch empire the roman empire the chinese empire and basically why do the empire's end why don't they just keep going they have all the advantages they got the power they got the best they got the best economy they have the growing population like where do things go wrong and they saw all that overtime things go wrong in a very predictable cyclical fashion and and then because he studied history he could see that okay even if it's not gonna be the same it's probably gonna rhyme i should look out for some of these signs and you know one of the signs that he talks about is around the big debt cycle so there's like a short term debt cycle there's a long term debt cycle which like eighty to a hundred year debt cycle and what happens is you know the com countries or empires will end up going into too much debt which the us is in right now like thirty five trillion dollars of debt like just a absurd number and then the interest payments are really high then be because people lose faith in their ability to pay off that debt you know they lose at some point their status is their global reserve currency blah blah blah okay so ray dahlia makes this argument it's a interesting book you should read it now heath mention mu bang where on the timeline is do you know what mu bang is they listening to people eat right watching and listening to people readily fat people just stop their face with ramen yeah it's like a governmental mu bang is what he described as he mentioned with the declined is when mu bang gets popular there were signs so so as least tell you about this it's like oh okay shit you look at the kind of the current world you're like oh shit we got inflation but then you know to fight inflation they got raise rates when they raise rates that slows down the economy which slows down spending which creates this other problem then you get stag inflation you get like all these the old man this could go poorly right oh they're printing too much money that could hurt the the dollars you know they're d basing the currency that's what he says that they do this is what's gonna happen and it just seemed inevitable the problem was you looked at he's like but who's gonna go and fix this right it's not like a company because a company has to face reality so what a company has to do is ultimately the company needs profits and needs the the shareholders are gonna demand that the company stop this excess spending but the problem with the the government is the government can sort of go infinitely in debt until it can't it could just print money right like imagine if you were or i just had a a little machine in the closet it's like well i could solve this problem with hard work cutting back tightening the belt you know or could just go on the closet push this butt but i'll just do it this one time just this one time okay and like that so just kept keeps happening you go and you push the button you print the money and so so that's the problem okay and it just seemed like there was no solutions because anybody who wanted to get elected right the leader first the leaders were not business people right so problem number one the people who were run the country were lifelong politicians typically and they were not ceos or executives who had that as the core skill set the second thing is they didn't have the incentive right because when you wanna get elected it's like middle school all over again you're gotta go promise we're gonna have free pizza every friday it's like where who's gonna pay that i don't care i just gotta say it and promise we'll deal with the consequences because that's what gets me elected so the presidency is is never about i'm gonna cut back all your favorite programs it was always gonna be we're gonna do more for you we're gonna cut your taxes okay so less revenue for the government how's that gonna work we're already in debt we're we're gonna cut your taxes and you know what we're gonna we're gonna spend more on this we're gonna invest in education that sounds great we're gonna give you free health care we're gonna pay off your student loans it's like wow we're just gonna where's the money coming from any the money was coming from that magic money printer in in the closet okay so it just seemed like dude there's no way there's no way out and somehow this insane situation has occurred and i'm not saying that it's gonna work and i'm not saying i agree with everything about these people i don't agree with everything trump says don't even i didn't even vote okay look you can't even hate me okay i didn't vote for the guy i didn't vote for anybody so so you can hate me for other reasons i don't agree with everything that elon does but he's an impressive ultimately impressive entrepreneur i he's the greatest entrepreneur of all time okay so but i also yeah don't think i agree with i don't agree with everything says great my caveat are either the way i cannot believe we ended up on this timeline where trump gets elected elon musk the greatest entrepreneur of all time and if even if you disagree discreet okay he's second alright right like he's close what when did trump what was it january twentieth is that what when what or four was the twentieth is inauguration yeah a month ago okay forty weeks ago and he brings elon musk and basically like like still doing onboarding if you just said what's the only way american can get out of this i'd be like dude we gotta get like someone as smart as elon musk in there with a mandate and somehow have a free mandate to actually go and cut all the b to get us out of this excess spending to cut the deficit to balance the budget to get us even into a surplus just the only way we got like somehow do that that sounded impossible two to three years ago like there was no path where something he's not even an american citizen in and can't be president he's not gonna run the president's not gonna just give him free reign while somehow we ended up on this point one percent probability timeline where trump gets elected elon becomes his best by backing him and give him much money and put throwing his weight behind him elon stipulation was like i wanna create do dos and he's like i'm gonna cut spending and trump's like okay great and somehow it became cool to cut spending which was never cool before that and now he just took like this army of his smartest most ruthless army it's forty or fifty folks who are twenty four even one nineteen you just go get a bunch of ten x type of people and he's he's literally like rating he's like rating buildings and he's taking over payment systems and being like okay you i can't change the laws but i could stop the flow of the money i can audit everything from this payment record system he's bringing like young hackers and he's bringing some of his smartest people in doing this now will this be successful i have no idea i can't tell you is this fascinating absolutely is this one of our only shots to get out of the death spiral of excess spending i believe so and i cannot believe it happened end of rant alright let me give you let me give the audience a counter point and i'm gonna get flame for this you're going devil's a avocado on me i'm going hardcore devil's avocado what do you no not exactly because i'm on board with like what a lot of stuff he's doing but listen to this let's just say that you're forty five years old you got two kids in high school you got a mortgage and you're thinking like you know life's pretty good and then all of a sudden you get a message that says look we appreciate you diane for working for the government for so long but you're done you're you gotta get out and you're thinking how the hell am i gonna pay my mortgage how am i gonna like provide for my kids you wanna go to college and then you look online to learn about your situation and you're like wait the guy who just decided to fire me change his twitter handle to twitter to harry balls and he put in his description that he's offering ci decision for sixty nine cents and did he just call a guy a re tar on twitter tweet someone yesterday sent me an advanced search you knew you twitter advanced search it was just like a a single link i could click that was just elon musk saying the word re tar and but you could scroll for it was it was unbelievable this was an unbelievable link it's sort of like like a really successful entrepreneur ceo doing layoffs because money's short from his beautiful cha and aspen with a beautiful view behind him on zoom and for elon i'm like what do what you gotta do but can you not be so sm about it and like right have some like fucking grace when you're like doing some of these things even if those things are good and i agree with them i just wish that like the maturity level would go up because at the end of the day it's cool for like these tech guys to say like cut them cut them let's make the government smaller whatever but it's at the end the is it is real people's lives and half of these people they're not like hungry power people they're just fucking guys who are working nine to five and they're just wanna play softball on the weekends you know what i mean and that that that bumps me out i wish that he would show a little grace which slash you know what mean like i think you bring up great points i think his psych i've been told many times you're not wrong but your delivery sucks what do they saying in the big boss you're not wrong man you're just an asshole yeah that's that's like what's going on here so i think you're absolutely right on that i will say they did offer eight months severance i will also say this wasn't like an optional or flimsy fit like it's not like somebody's just messing around basically but that's what it changed it to hairy balls it he made it seem like that you're absolutely right it's always seems like he's existing style is bad i think the substance is good the reality is the way that the government works is actually like a financial terror attack on all american citizens and so as much as diane i i don't like the diane is is gonna possibly lose her job the reality is she shouldn't have had that job probably in the first place or this old maybe not her specifically but the overall system is spending so much it is going to tank the entire economy like you look at all these crazy stats about how much of job growth is just federal jobs how much of spending is just going to federal employees it's like you know a a a warm like the game of snake when you start to eat your own tail it doesn't even make any sense i'll give you i'm gonna tell you something i have a friend who was last year or two years ago they had a unlucky break they wanted this promotion or this job they didn't get it they didn't really know what to do didn't look like they had a had a great you know like upside i thought that they deserved a little bit better so let me see if i can help this person now and around this time i had met some people that were some fat cats who were doing well with government contracts and i'm talking about like you know one company for example they just throw a web web dev shop they made websites no they're back cat we gotta break that back great usage back yeah exactly and what i mean by that is they were making websites which you can go on fiber and get a website for five bucks and go upwork can get somebody to do it for a couple hundred bucks you can go on squarespace and do it yourself you could there's a whole bunch of things you could do they're getting nineteen twenty million dollar contracts to build simple websites it was unbelievable and and and they're are multi year contracts to do things that literally i have interns that could do them in three or four days it was and the these aren't like high traffic not complex apps not super sensitive data just like a squarespace informational websites very menu online yeah exactly so started noticing this so i go to my friend i say let's get you a government contract and i can't say too much specific stuff we haven't we got this friend a government contract to do something that probably takes four hours not even high skilled time you know not anybody could do it my sister could it my cousin could do it that anybody coulda got this contract it's been going for two years and now it's a hilarious game of hide and seek because i'm like y do is gonna find this contract and when do finds this contract they're gonna publish this they it'd be like repaid for for this and i'm glad that my friend got like you know a a a great glad you got lifestyle yeah however it's the what whether there's that thing called the free writer problem in society it's like i forgot there's like some social term for this where it's like you you could abuse public parks and public transport because nobody's kinda like on the hook for it and like well i'll get mine i'll get mine and when everybody tries to get theirs we all get screwed where did your head go where your friend doesn't get the promotion and then the default responses let's get you a government contract baby what do we go let's go to government contract store just pick up off the shelf if i go check out there's side quests that you know i've been through this this podcast is great right you do this podcast and you meet people and you hear stories we were talking but we had done a segment on government contracts businesses i think we had done a business a thing because somebody i know had pivoted they used to have the episode i remember supposedly specifically was they used to be in the business of making vodka bottles with led lights so if it was like sam's bachelor party it'd be like sam last day of freedom like rotating around a vodka bottle that was their business covid hit and they pivoted their entire business of selling masks and got an eighty or ninety million dollar contract yeah and this is somebody who lives less than a model who who did that and i was like oh my god can you believe that we talked about it on the podcast and i just had some people email me which is the flywheel of this podcast and they were like yeah dude like have you ever checked this out check this out can go see what what's up forbid right now hey have you heard about this company if you heard about this company hut start getting curious now i was never gonna do it right because i'm at a phase of my life where i am intentionally trying to not make any decisions for money so even when i saw something that i was like oh wow you could go make money doing that i no longer wanna be that guy i was that guy for like fifteen years i don't wanna be that guy anymore if i make a decision can't be for the for money as than one reason but i did take note and i was like somebody could do that maybe somebody who's maybe top priority right now is money and so this little side quest was let's go help a friend i don't wanna do this for me it wouldn't be worth it for me but it would totally be worth it to to like for the story and to see if i could help my friend out and it's still going it's still going but dude every month and now the dojo is out it's literally like a game of hide and seek and could hear the footsteps coming i know i know it's coming and it's gonna be hilarious when it hits that's insane that is pretty funny what about the the third thing the the so the reasoning behind it like he has a reason for doing this which is that he's trying to people explain what it they're saying what it is so people don't know so elon m so from my understanding open is a nonprofit they're trying to convert to a four profit in order to do that sam alt as well as some of the shareholders have to quote buy the company and what elon has done is he's put a competing offer to buy the nonprofit of open ai in order to make sam alt as well as the other shareholders to have to pay more is that the summary sort of he's not trying to buy the non nonprofit try to buy the assets and same thing so basically opening it today is a non profit that how it started that's who you know has a lot of the ip then they created a for profit where the non profit owns i think twenty five percent of the for profit or they're they're trying to own twenty five percent of the for profit that'll be like the the deal and the for profit has been raising billions and billions of dollars they just were they were just trying to raise from masa and soft bank at a two hundred and fifty billion fifty billion dollar of hundred forty billion dollar valuation and so that implied that when they do this conversion or they sell that they convert the ass they'd get the assets out of the non nonprofit into the for profit right the ip the in the the intel the the the the all the the code and all that stuff the assets were valued i think i forty billion in that that transition and it was gonna be like stock basically it's like oh you're gonna have twenty five percent ownership in the for profit and what elon did was just throw a wrench in that a little bit because he's like actually i'll i'll buy the assets for ninety whatever you said ninety seven billion so couple of possibilities here number one he might actually get it it's possible that he could do it and then in that case he would own the assets of open ai merger with x ai and he would be he would go from fourth place to first place over that the i i'm i'm uneducated on the topic but i know a little a bit about stories that just seems to that that won't like name of thrones there's they're gonna die before they do that okay yeah that story won't happen so he's so it's possible do agree not probable yes and if possible not problem only because of the egos and personalities involved same alt would fight to the that not happened that happened that would be him losing and getting check made by elon and elon is doing it because he wants to check mate sam because he feels like he got wrong to betrayed because he funded the first forty something million dollars into opening ai when it was a non nonprofit and he owns nothing of of the for profit today would you put money on either of them with think or just like in terms of just like the battle of the wits like a a chest match or do you think that it's too hard to you know when we watch those e paper views and it's like sometimes you get the ones or it's just like oh i just wanna see could be do his thing he's gonna win but i just wanna watch how and then there's other times for you you're like i have no idea who's gonna win this fight i have no idea you got the unstoppable wrestler versus the guy who who's amazing at ji in striking and like i could totally see it going either way i gotta pay ninety dollar paper view i gotta watch this that's how this one is because agree for as many people say you never bet against elon there's a you equal number of smart people who say you never ready in sam open right and and so you don't know which way it's gonna fall now and there's also it's the highest steaks thing like ai is the highest stakes game and this is the crown jewel asset is open and it's gonna be a fight to the death okay so the second possibility is he just wants to make it more expensive for open ad because like i said the valuation they were talking about was about forty billion dollars for the assets non cash contribution or maybe it was a cash country i'm not sure and this would up the price so if if nothing else you go to your enemy and they have to pay double for their car but do you think like maybe that's satisfying enough maybe that's like in the board meeting you just imagine all these suits that like well just do we do we look at this offer and then everyone just like no just elon he's just being a dick head okay like do you just like do they just like collectively agree that he's just being an asshole or yeah are they like guys we gotta like look into this they're collective because i mean that would be a very low price for the for the assets of opening eye right like literally on the open market they're raising out a two hundred forty billion dollar valuation so to sell the assets at a ninety seven billion dollar valuation wouldn't really make a whole lot of sense right so at the very least he's upping the price or just slowing it down making life more complicated for his competitors so if i if we're competing in a race but i know i can distract fifteen percent of your minds share right it's like a honey pot like you know like people used to do this like send in a a pretty looking girl and it's like this is just a nice little distraction for my competitor that i can send in like they will do that so there's there's multiple levels this might be playing at i like this is just like the nerdy kendrick lamar versus drake thing because they're now they're going after for their personalities they haven't gone after family yet but i honestly would not be surprised if that happens next yeah yeah yeah yeah exactly so i'm not paying a whole lot of attention to it but it i mean it is interesting to watch like a a sort of real life you know wrap beef or a ga thrones battle going on i does it does i think this like wear you out because i feel a little bit excited at the moment but i wonder when but we're only a month in and i'm like how much longer can i like last with all these like amazing stories yeah yeah i i know what you mean there's definitely a part of it where it just feels like i've just watched too many episodes of jersey shore and i'm like oh i wasted my whole day you know like you know there's oh he said this and he did this they're gonna do this let me look up the delaware logs it's like for what is are you getting anything out of this or are you just gossip i say oh i'm gossip okay cool well there's only so much my energy i really wanna put towards gossip i also just constantly think and i think a lot of other people think this is how does one man have so much energy it's pretty like amazing it's hard for me to imagine like writing a serious email that would require me to make a decision that has long term impacts because i'm like i just can't like turn my brain on right now to get into that imagine never feeling that feeling i think jimmy mister b said something he said something like he was like oh no i'm focused like every waking hour or he made like was like i i don't get distracted like i don't like browsing like he said something like that he was like but when i do get in that mood which is seldom i go all in for like twenty four forty eight hours and i just need like two day recharge and then i'm back in and i don't get distracted now imagine being like an elon and having to like you don't have do you have zone out mode like most people do after seven o'clock at night you what you know what i mean i read this story about bill gates and it was the story about how bill gates was building microsoft and people don't know because bill gates is now a phil philanthropist philanthropist slash like you he's got grandpa energy he's got grandpa energy exactly he's wearing his sweater he's like well you know i read books and and i you know we got these nets to catch mosquitoes like know he just sounds like you know sort of harmless he was ruthless fighting around putt brown bill yeah he's he's putting around in the mornings he was ruthless when he was building microsoft and he was insane energy if you don't believe me play the clip of him jumping over the chair alright we're back so on top of that they were like build you somebody was like riding in a car with him to do an interview or something like that and they go build what happened and they look at his in his car like the tape deck was missing was pulled out like he almost got stolen and they you get stolen and he said no took it out they go why you take it out you don't like to listen to music he goes if i'm the radio he goes if i'm listening to the radio i'm not thinking about microsoft so i just took it out i don't wanna listen to the radio i wanna think about microsoft it's wild right and that's just a little tiny story but there's probably like some epic epic stories and and these are small things like for example let's say you get like an email saying like you know this partnership that we thought about doing or the sale that we're thinking about doing from you it's not for us thank you there's people and this is like come of small but like it's just an example of this behavior who they're like they'll just get on a plane and they'll fly to that person's office that next morning and they'll just make it work and you think about doing that with like you're young kids you got a a few kids i have one kid and i'm like there's not a chance that i'm getting on that plane unless it's like a pretty amazing thing but just to do these like daily these daily these daily items that show how intense you are it it it's really challenging to imagine living that life and i think very few people can actually sustain it and i'm not one of them so back to your question of like how does he do it this is little legitimate question how does he do it so one of the reasons my my interest in do is is top of mind right now is i just had my most viral tweet ever you yeah and was you all i said was i would pay stupid amounts of money for someone to follow around the do team for the next six months hard knocks style like you've you ever seen hard knocks the show hbo they follow like an nfl team through training camp i would and it's true i would pay a ridiculous amount of money for that well is the reach on that i mean the tweet got like fifty thousand likes or something crazy well that's so funny i didn't see that it has just like it went like really viral for some reason a lot of people felt the same way like there's a fascination around this and part of it is i would really wanna see like i wanna know i wanna know what it's like like i'll i'll give you two things so one i wanna know what he wants like but not because i'm like oh elon he's the best i just wanna to i literally wanna understand like so this guy's running six like he's at one logistically yeah and then there's shit like where he's like he's also tweeting ten times more than me so it's not even like but he just doesn't waste time on social media like you it's like not i actually waste more time on social media i like yeah but he doesn't just waste time playing video games like you you assholes it's like dude he he's bragging about being a top hundred ranked the player and like so something's cat the dia thing i'm certain his cat like i i am certain that dude he's paying can are you allowed to say that i thought it pretty fluid was that not it was actually so fluid weird it's like what did you say i said it in the mirror of the other day least i think it works i think that's i think i can add that to my bed there's another one i can't dude you're you downplayed having audacity to do trump to have the audacity to say cap is so fluid like that was really all you gonna the internet from way too long of i thought you meant cap like a cap to his energy not cap like no cap that was really good but i'm gonna start saying cap as was in our limit that's cap that's the cap that's the maximum cap what read my threshold is what i'm saying what are you saying i didn't say lied what did i say on m mfa like earlier this year you're like let him let him bake and let him bake you're like rev and i was like let them bake i try to make cool and they're like wait is it bake or cook or microwave what is the phrase i have you met anyone who's worked with them i i haven't yeah i have actually yeah i i talked to that one guy who that recently he said he goes i had to meet with elon and his assistant gave me the heads up in advance and he goes just even know elon companies are making something like twenty million dollars per hour or something like that or twenty million per half hour so if you are gonna have a conversation with him it'd better be a twenty million dollar conversation and that twenty million dollar number by the way that it's more now it's more now if you if you think of those so it's just like every can you imagine that actually that's that kind of an exhausting way to live because do you ever hear when people say like well that's just not worth my time and when i would think about that for a long time i'm like does that mean i should always be doing something that is like of more value and i'm like well how much am i valuing just laying on this couch or how much am i valuing just like mowing my grass because i want to actually mow my grass and i thought that was kind of an exhausting way to look at life totally by the way there's a simple simple solution to that which is you only price things that you don't wanna do if you wanna do it you don't put a out you don't put a price on it if you if you enjoy the if it's therapeutic to you or what it what's it called like whatever like it good just do enough it feels good to do to do the dishes or to like like trim the bushes in your garden or whatever like go do it you know no you have at it you don't need to be like oh this is an inefficient use of my time you only price the things you don't wanna do to say you know what am i wasting my time on stuff i don't even enjoy when we had rob die on the pod he said that he places that number at one million dollars per hour yeah dude i watched a cody sanchez clip and like i don't mean to knock on cody she she so it always been nice to me but she she was on a panel and they go she goes i was talking to my mentor bill perkins and he always you know tells me you are as you are as low as the low like something like that was like you are as low as the lowest tasks you do and she she's was like you know i she's like i was dropping some i had to i was pumping oh she he goes do you still pump your own gas and she goes at first i thought how of course i still wanna be a person who pumps my own gas and then he did the math for me about how much i'm wasting how much money i'm wasting pumping my own gas and he said are you still buying this you you you should not be buying that you should not be going to the store to do that and i just thought like and this video had like whenever tens of thousands of likes and i think that's a totally valid way to think she might be right that might be the right answer for it's not the right answer i went to whole foods last night at nine pm just to walk around totally totally totally i think they're i think underneath a lot of that like oh i'm gonna be so efficient with every second of my day is just some underlying feeling of lack what do you think you lack in your life that you have to optimize every minute of every hour of every day and that you are like above doing certain things by the way also would you stop doing things you lose touch with reality so there's a price to that too and so i just think like there's the the my takeaway was not even about cody or her idea that if it works for you more power to you i just think i just thought to myself you know what you know how much bad advice is out there like whether this was bad advice or other it like one of the great skills in life is just playing hops scotch and not not stepping on the like land mines of terrible advice that exist on the internet our podcast podcasts included by the way we say some dumb shit and we say some things that don't make sense they don't make sense for you maybe make sense for us or maybe just doesn't make sense at all but there is a skill to how do you block out the ninety eight percent of awful advice that sounds smart you wanna hear something funny so i met this guy who's a billionaire a multi billionaire he's probably sixty five and i talked to him for like an hour online for something and at the end of the call for some reason he started talking about his family and his kids and how he he has like i forget five kids and they're each married with children he's like oh i'm always run the grandkids kids i just love this like and he was explaining his life philosophy and at the end of the call i go hey you know we don't know each other we only know each other for this hour but do you think i could come over me and my wife and stay with you and your family and i can just watch how you interact with your family because you see really happy man and you're successful you've won and he goes i would love that and so tomorrow at seven am i am flying to park city to go to this guy's house for three days and he was like my whole family's is gonna be there for this weekend and i was like great can i come and just hang out with you guys to be part of the family for a weekend just to see how you're interacting with everyone because you are awesome and he was like yeah i would love that so i'm going to his house tomorrow till sunday just to like learn how to be when i met i was like you are just such a warm person and you're you're rich and successful which is like one attribute that's amazing you seem happy you seem fit you have a lovely family and they seem like they love you i got i gotta download what you're you're doing because you are amazing so always letting me come over dude that's great i've i've always enjoyed doing that i have a word for it i throw some jargon at you stalking is that it the word for is in sit you so like what's that is this a made up word i'm a biology major so at one point i did a biotech company and one of the things you learned waiting any any biotech company is there's a huge difference between the lab environment which is a sterile controlled environment and you see this data come out and it says wow this thing really works we produced this many milliliters of this or we this many grams of this substance or what right it had this much this much energy this many kilowatts generate or whatever whatever the thing you're doing in lab and then you're were like oh my god it's amazing we're about to change the world and i was like trying to high five and nobody else is excited i was why aren't you guys excited they're like well like it's the lab i'm like oh does the lab mess up they don't know the lab great so what do you mean what's the problem lab it's a test it's a scientific test what how much more proof do you want they go oh everything changes in sit you as well in what and like in sit you basically was like you take the thing the the the in in our case we had were working on these microbes so we have this company where microbes would eat coal it basically fart out natural gas so you could get natural gas without burning coal kind of amazing natural microbes real microbes that just exist on the planet right and so they were working amazing in the lab they're producing so much natural gas was it was amazing we're gonna we're able to change the energy industry what's that where sit institute is like in sit in a situation yeah situation i know exactly what i don't know what the technical definition but if it's kinda like in the situation or in ground and so what we did was you take the bugs then you have to actually go to the field where the coal is buried two hundred meters underground or whatever and you're gonna pump the microbes in and you gotta pump them in with some water you gotta like see what happens and then there's cracks in the ground it's not perfect and then the you know blah blah the weather everything everything is different the temperature is different the the other microbes that are there they're interfere right etcetera and always the in institute was you know not only worse but like just dramatically different so the point where was like why are we even doing these lab tests and they're were like if it fails in the lab it's for sure gonna fail in sit you right but just as a succeeds in lab doesn't mean that works in sit you and so this a really long winded way of saying i have this little word i tell myself which is like go in and sit you so so for example it's like you might have a theory but go test it you might have an idea go test it you might think your donald trump impression is good you gotta say that shit on the mic and see what happens another version of it is this person might look like they've got it all together they're happy they're successful cut they're saying all the right things on this podcast go and sit you go to their house and you'll know within like fifteen minutes you said three days three days massive overkill you'll know within like ninety minutes for sure everything you need to know about this guy and you'll you'll pick up all these nuances just about like the family dynamics of the house and they're scheduled their level of overall like busy and rushing through their day versus like wow the person really seems at peace or like you know what they just seem like their baseline mood is really high or you know they're how their kids relate to them shows me that they have a great bond an underlying bond you know versus what they say and so you pick up so much and this is why people are like oh what happened to you and sam are doing this interview together and it's like yeah because i actually wanted to go to that dude's house and he lives near me or he lives where i was traveling and sam was traveling somewhere else at the time or whatever but i pick up so much more not from the interview but the like hours we spend before the interview just hanging out at their house i pick up so much more in terms of lifestyle and i've talked about this before but like we person who you hung sorry well go go ahead i'll give you the example so we go to austin and we had four interviews scheduled it was joe lo a billionaire who started more billion dollar companies than anyone else in america i think like a hard hitting get after alpha type of dude exactly i go to and so there was him there was mon p b an investor so he was a value investor from the school of warren buffett and charlie mu there's tim ferris tim ferris i have admired for many years author experiment investor etcetera and then the fourth one was somebody else just i'm forget forgetting it was like a year ago so we go and we do the four now for each of the four i hung out with them tim less but the others like joe lo i went to his house at eight in the morning i did a morning workout with them we had breakfast together we did a cold punch together we talked and then we did the podcast i saw his family met his wife you know etcetera toured his house saw you know where where does he work where does he play what you know he's got this land center like literally like a gaming land center for him and his cousins there's company complete video like six computers lance la e in okay yeah he's got like a basketball court he's got old like artillery gun at the top of his thing right right when we were leaving ten senators were coming over for lunch and elon musk showed up while we were leaving the house it's like whoa okay that's what your day looks like got it you know you like it was amazing he was so hospitable by the he's got like he was so nice and generous with this time did he had mona ride go over to his house he's like yeah come over whenever my day is clear i go to his house doesn't have a staff that so he opens the barefoot footage he's wearing basketball shorts and his barefoot he's like yeah what do you wanna let's sit let's have some tea what tea and we have tea he's got no clock no assistant telling him we gotta move the next thing he shows me his nap room he's like why nap every day it's great and that great i whole job is thinking you know i have to make great decisions so napping is hugely fresh it's like having a second day so you know i was like whoa and then he's got all these books in his library but i was also kind of loan i was like you have a team he's like no like best investors make their decisions not as a committee investors make their decisions you know as an independent thinker and so not have a huge i got like a researcher or but you know they don't they don't come over every day so he has how many billions in his fund two i think something like that and it was really just pi but a researcher there's only guy there he it he didn't have like a but like ish of five person staff generously generously yeah okay i thought yeah it could be wrong right like don't don't don't don't quote me on these but that's what it put small ninety percent sure tim ferris i was like you know he shows up and i was like so like what you been up to it he was like oh it just came back from europe i was like oh cool like vacations ski what are you doing he goes no i spent three days with the guys who's the best in the world at making board games and i wanted to understand i wanna learn about board so so you pick up like lifestyle flexibility ability to indulge in your how hobbies how lonely are you you know do you have a team or you do you know somebody tweeted us out the day they go the thing that socialists are mark scott karl mark got wrong was how much fun it is to make money with your boys i like i feel that dude like me ben diego this is so much fun to just do what we do it would be way less fun if it was just me doing it even if i had owned one hundred percent i got more equity and all that i would never take that trade do that i i completely agree by the way that's what i have c founders and i moved diego go out here was like dude i'll pay you more just move out here move within ten minutes of me and now we hang out every day and i'm like my life just got better right like little things and so you know my kids in interrupt me in the middle of the day i have a piano right next to my desk because in between working i'll just play piano is for fun right like if somebody was here in sit with me they would say that i don't have a perfect life but i've built the life that i love and they will know for themselves if that's kind of what they want and so think this is massively underrated is in a very long winded way of saying i think more people should do this i think you pick up way more when you go to somebody's house and either you just kinda hang with them for for a day or even a couple hours i think we need like like a tobacco pipe or something today is like philosopher hour on our on our rocking chairs just like r on what makes a good life and what doesn't yeah we started at limestone stones we should go by the way check them out it sounds sick yeah yeah exactly i i would love to go go see it i think it'd be pretty boring but it would be mind blowing at the same time know what i mean i think it would be i would be thrilling but the whole thing would be mind blowing that that's what it that's what it is so that's what we almost need to do like m field trips because i the timing was horrible when you were doing the moon one because i was moving that day and we couldn't make it work because i had like a six month old then it was like a huge whatever but i am so envy i'm like fuck i just wanted to like see i just wanted to like get feel i wanted to do a feel trip i was just sitting in his living room and watching him interact totally that's like i get so much joy doing that exact same thing you know what i would wanna do so there's like your boy brett who's doing robotics i wanna go see that shit i wanna go see it's off humanoid robots and i've been very and just be inspired by that there's another one that i think would be really cool have you ever been to cisco foods like cisco is the company that like makes the food that goes to all the restaurants like make sauces and shit yeah what no i've not what is that it's i went once because we had a restaurant and it's the most wild like huge scale operation you don't realize it it you're like oh i guess yeah the company that supplies all of the materials to all of the restaurants and grocery stores i guess they gotta be pretty big right the bigger than anything you've ever seen and and it was like a tour of that facility and then you see the automation like there's these little like hockey puck look you know there's like scooters are like the like butt scooters where you just like sit down on this thing like a old pe thing or you sit down on this little four wheel flat thing and it rolls around that's like little robots like that that that fly around this warehouse picking up pallet and moving them places and so it's this incredibly sophisticated operation to move like cans of tuna is this looking at the factories it looks so large that you could like see the earth curve you know i mean like it's it's huge another one would be like like i'd probably not allowed but like and or like one of these companies is just making like lasers and like you know like war machines also just like the crypto house and just go and see all these like degenerate nineteen year olds that's actually a good idea i like you don't know it till you see it till you feel it right like it just leaves the imprint on you in a different way going to hacker houses in san francisco was amazing and seemed like their kitchen and i'm like who cooks what how do you guys know it was you seen the bars stool like one bite pizza reviews we just do the one sniff hacker house reviews the the owner just and and they're all it's san francisco they're all in like these warehouses so they all got walmart feet so everyone's walking around barefoot it with like dirty dirty as bottom of their feet it's like testing and i had so much fun doing it i remember i felt that same way walking around facebook have you walked around facebook's campus yeah facebook for one of those i remember walking around like why does a webpage need so many employees what are all these fucking people doing there like there's so many people walking around and you're like i can't like i would make fun of facebook constantly because i thought it was a soul shop but you walk around and you're like oh my god this is like a bee h you know what we should live do you remember tech crunch crib did you ever see this show yeah it was awesome it was awesome and they discontinued it just like the discontinued crib but i think that needs to come back and okay realistically we're like we should do this and then both of us are gonna to like look at our kids and then like just not travel sorry alright i'm gonna go to a cisco factory yeah yeah where you wanna go see this i'm learn how hop rides are made yeah exactly so real realistically let's to be honest absolutely not gonna do this idea but we need a field correspondent ever great show's got a field correspondent right so kinda i'm gonna throw it down the gauntlet like right now hundred k a year be the m m field trip correspondent we're gonna send you to different awesome places you gotta film it like the old tech crunch crib or mtv crib episodes and you just gotta go to like funny epic places you know cool interesting companies where they got a crazy like office life crazy factories and shit like this and that could be your job travel around film content we'll put them up on m m as episodes i wanna see these like there's dude these ai we we have to talk about this next week but these ai companies that have like twenty employees but a hundred million in revenue i just wanna see what they're doing all day you absolutely to audition email me sean at s dot com and just email a audition tape so do a do an episode of any business near you go to your coffee shop and just film it just so that we can get a sense of how you are on camera that's the best nice pod i actually enjoyed these swear i that to me that was very nice thank you i enjoyed the because i just enjoy hanging out i those are my favorite podcast podcasts alright that's it great pod wonderful pie see you out there i feel like i could rule to world i know i could be what i want to put at all in it like a days on on a road travel never looking back