PivotKara Swisher Calls Out White House Spin on Minneapolis ICE Shooting | Pivot
EVERY SPOKEN WORD
70 min read · 13,521 words- 0:00 – 2:01
Intro
- KSKara Swisher
The US is actively discussing, uh, a potential offer to buy Greenland. I mean, they're not just murdering US citizens. They're very busy on other things. [upbeat music] Hi, everyone. This is Pivot from New York Magazine and the Vox Media Podcast Network. I'm Kara Swisher. Scott Galloway continues to be under the weather, so I've brought in two more amazing co-hosts. We've got Audie Cornish, host of CNN This Morning, and the podcast, The Assignment, uh, and Bill Cohan, one of my favorite people to talk about business because there's a lot going on there, author and founding partner of Puck. Welcome, Audie and Bill.
- ACAudie Cornish
Hey!
- BCBill Cohan
Hey, great to be here.
- KSKara Swisher
Thank you for-
- ACAudie Cornish
So I had nothing to do with Scott's disappearance.
- KSKara Swisher
Yeah.
- ACAudie Cornish
It's not that I haven't wanted to be on the show a lot. Like, I've been waiting with this quarter zip-
- KSKara Swisher
[laughing]
- ACAudie Cornish
... just so that I could be a part of the dialogue. [chuckles]
- KSKara Swisher
A quarter zip. [chuckles]
- ACAudie Cornish
I did! I was like, "Are we talking business?"
- KSKara Swisher
Yeah. [chuckles] Yes, no.
- ACAudie Cornish
So, [chuckles] so I'm sure Scott's fine. I didn't do anything to him at all.
- KSKara Swisher
No, okay. All right.
- ACAudie Cornish
[chuckles]
- KSKara Swisher
You were trying... Yes, that would be a really good show-
- ACAudie Cornish
Yeah
- KSKara Swisher
... of like Audie trying to take down a co-host.
- ACAudie Cornish
Like a Nancy Kerrigan-
- KSKara Swisher
Yeah, yeah
- ACAudie Cornish
... situation.
- KSKara Swisher
Do you have your quarter zip on, Bill?
- ACAudie Cornish
Is that too soon? Yeah, Bill, do you have a quarter zip?
- BCBill Cohan
I do, but I don't have a Warner Brothers Discovery quarter zip, which I'd really like.
- KSKara Swisher
Ah, I brought one for you. I got this from David Zaslav. [chuckles]
- BCBill Cohan
Himself?
- KSKara Swisher
Yeah.
- ACAudie Cornish
I technically did as well.
- KSKara Swisher
Yeah, exactly.
- ACAudie Cornish
[chuckles]
- 2:01 – 13:50
ICE Shooting Outrage
- KSKara Swisher
is the fatal shooting of a 37-year-old woman in her car by an ICE agent in Minneapolis. It's sparking these national outrage and protests again. Uh, the woman, Renee Nicole Good, uh, was a US citizen, a mother of, of three, and a poet. She's n- was not under any kind of investigation, according to law enforcement officials. Homeland Security Secretary Kristi Noem, uh, said Good was, quote, "stalking officers and attempting an act of domestic terrorism." What a heinous person she is. And Minneapolis Mayor Jacob, uh, Frey called that bullshit and told ICE to, quote, "Get the fuck out of Minneapolis." Uh, President Trump weighed in on Truth Social and once again blamed the radical left. Um, he did an interview just wh- where, where the reporters from New York Times showed it to him, and he sort of walked it back, uh, but he, he didn't precisely. Um, and of course, they're doubling down. Tom Homan, for a second, was reasonable, and he got the m- memo that they're supposed to call this woman a radical terrorist. Um, I want to get both your takes here, but first, let me share Scott Galloway's thoughts on this, which he texted me last night: "I'm horrified. History shows politics, uh, becomes a blood sport, and nation's light begins to flicker. Uh, a, uh, a Dem, Newsom, Whitmer, Shapiro, should announce candidacy this week and say, 'If elected, we are going to have the equivalent of the Nuremberg trials.' There needs to be a reckoning to starch the stain of corruption, insurrection, and bigotry. Dems are such fucking wimps." That was from Scott. [chuckles] Um, the words of Scott Galloway, ladies and gentlemen, from his sick bed. Audie, I'll start with you. What do you make of what we're seeing? You reported on it all morning on your show, on CNN, your morning show. So talk a little bit about... And you've covered this kind of stuff many times.
- ACAudie Cornish
I have, and, I mean, talk about grim. Like, I think this woman had dropped her kid off at school, like, a six-year-old. Um, and so many people right now, wherever they fall on the political spectrum, feel a kind of helplessness. Like, "Wait a second, am I really where, where I thought I've, the country would be?" And so if you're one of those people and you decide, "Well, I'm gonna go out somewhere, I'm gonna do something, I'm gonna be present"-
- KSKara Swisher
Mm-hmm
- ACAudie Cornish
... um, and-
- KSKara Swisher
To protest.
- ACAudie Cornish
Yeah, protest. A- and I'm not saying she definitely was protesting, but just the idea that you are in mortal danger now, uh, in these scenarios, I think is pretty terrifying. Also, the setting, it being Minneapolis, it being this many years after the death of George Floyd, it being in a place where protests went for a very long time, and in fact, other protesters were killed, like, it can, it can spin out into something else. And then lastly, the fact that this whole operation, you know, almost 90%, I think 87% of the Somalis in the state are naturalized citizens.
- KSKara Swisher
Right.
- ACAudie Cornish
They are legal.
- KSKara Swisher
Mm-hmm.
- ACAudie Cornish
So now you are really trying to find one and two and three people, and you have, uh, a city that is prepared.
- KSKara Swisher
Mm-hmm.
- ACAudie Cornish
You'll look on your TVs in the next day or two and see some protesters wearing their gas masks already-
- KSKara Swisher
Mm-hmm
- ACAudie Cornish
... because they have seen this movie before, a kind of militarized-
- KSKara Swisher
Mm-hmm
- ACAudie Cornish
... um, response from law enforcement.
- KSKara Swisher
So can I ask you one other question? The, the response from the Trump administration immediately was trying to spin it. Of course, Kristi Noem put on whatever hat she had that day and started to spew lies, and then the videos, all of them, were very much different, including Fox News commentators commenting on, "Well, she was turning away from the ICE person"-
- ACAudie Cornish
Yeah
- KSKara Swisher
... "not turning, you know, the, he, she was trying to hit him. She's obviously dropped her kid off from school."
- ACAudie Cornish
I know.
- KSKara Swisher
There's very little known.
- ACAudie Cornish
I mean, look, if there's one thing we know how to do as Americans is, uh, scrutinize a video of a law enforcement-involved killing. Uh, I think we had a fair amount of practice at that. We have not had practice doing that with a white mother, [chuckles] you know, of a couple kids, and I think this has looked very shocking for people and familiar in ways that feel very sort of dark. The administration's whole stance on this entire process has been always double down, always triple down, never give any ground, um, because they feel they have not just, uh, some kind of moral authority. They'll evoke this mandate. You hear over and over on these cable news panels, "This is what people voted for." Um, I'll just wrap up by saying-... We don't matter. [chuckles] What the TV news says or commentators, people have eyes, and they have social media, and I have watched all of these ICE enforcements and arrests and protests on social media, where people offer their own commentary, and I think that is having way more impact than the administration would like to think. They want to think it's a Democratic governor somewhere saying something that's rhetoric that make people say, "F ICE." Ah, check the hashtag. You know, it, it's not run, certainly, by any Democratic, uh, messaging operation.
- KSKara Swisher
Right, right. So, Bill, I wonder because one of the things that I'm watching, though, is a lot of, uh, suddenly business people, well-known people, the head of Je- the guy who runs Jeopardy! spoke up, right? And just... I just was noticing Paul Graham, who I think you know, he was the head of Y Combinator, um, wrote, "ICE just shot and killed a woman in Minneapolis, a US citizen. How long before we say enough is enough?" Elon Musk responded, uh, "She tried to run people over," and Paul wrote back, and Paul is not... I wouldn't call him a liberal by... In fact, he's somewhat irritating on many levels. Um, uh, "She didn't, ah, no, she didn't. Here's the evidence. She's turning the wheel, the front wheels of the car to the right away from the ICE officer on her left. She was trying to run him over. Why would she turn in the other direction?" Um, there's r- uh, do you think, Bill, 'cause a lot of the... You haven't heard, you know, word one from any tech people on any of this or any business people on this stuff.
- BCBill Cohan
Yeah, I, I think we may be reaching a, a tipping point on that. Uh, to use a phrase that a, a lot of business people can understand, I think, um, this is obviously the inevitable outcome of the wider Stephen Miller agenda, uh, which is heinous in almost every respect. And, you know, and you'll have to remember that Stephen Miller's grandparents were immigrants, and if, uh, his policies were in place for them, uh, you know, maybe they never would've come to this country.
- KSKara Swisher
Grok-king Stephen Miller will be a years- a, a decades-long thing for future historians, but go ahead.
- BCBill Cohan
Uh, you know, a- absolutely. I mean, uh, this guy is completely out of control. Witness the, uh, interview he gave to Jake Tapper the other day-
- KSKara Swisher
Mm-hmm
- BCBill Cohan
... uh, which was happened to be about Venezuela, but the same so- kind of arrogance and hubris applies here. Uh, so, I mean, these situations are po- powder kegs. Uh, you know, bringing in highly militarized, uh, you know, ICE officers into neighborhoods and rounding up people who should never be rounded up, uh, uh, you know. That so- it seems so un-American to me. I don't think this is what we voted for at all.
- KSKara Swisher
But why, why have businesses remained largely silent?
- BCBill Cohan
Because, you know, it, it, it-
- 13:50 – 31:43
Venezuela Latest
- KSKara Swisher
highlights of the story since our last episode. President Trump will meet with oil industry executives on Friday at the White House after saying the US may subsidize the company's efforts to rebuild in Venezuela. In other words, the taxpayer will pay for it, which he estimated would take 18 months. Uh, probably just made that up. On Wednesday, President Trump said US control of Venezuela could last for years. The president has withdrawn the US from 66 international organizations and treaties, including climate groups. The US seized two oil tankers, including a Russian-flagged vessel linked to Venezuela in the North Atlantic. The na- national security leaders have said the administration does not plan to use ground troops in Venezuela. And of course, in related news, the US is actively discussing a, a potential offer to buy Greenland and hasn't ruled out military, uh, action. I mean, they're not just murdering US citizens. They're very busy on other things. Um, so, uh, Bill, start. How do you suspect these oil executives will be responding in this meeting? Um, because it's, it's a dicey situation for them, no matter what, and the price of oil, of course, is not as high as they'd like it to be.
- BCBill Cohan
Right. So how do you respond to this rampant imperialism, uh, if you are a CEO of a, of, of an oil company that might or might not benefit from this imperialism? Uh, I think that the economics of the situation do not necessarily lend itself to these companies wanting to go in there. Uh, it's gonna take billions of dollars to apparently fix up the refineries.
- KSKara Swisher
Which they also had lost previously, right?
- BCBill Cohan
They had lo-
- KSKara Swisher
In the previous-
- BCBill Cohan
Whatever, that's sunk, sunk money, different-
- KSKara Swisher
Sunk money
- BCBill Cohan
... uh, companies-
- KSKara Swisher
Different
- BCBill Cohan
... whatever.
- KSKara Swisher
Right.
- BCBill Cohan
Uh, the, you know, okay, so you give them a heads-up early that you're doing this, 'cause he loves to court their favor. Uh, but I, I don't think this is nearly going to be nearly as smooth and as easy. Uh, it never is, first of all. Look what happened i- in Iraq, and that was supposed to be over-
- KSKara Swisher
Yeah
- BCBill Cohan
... in 10 days, right? Uh-
- KSKara Swisher
And good for oil companies. Similar words, actually.
- BCBill Cohan
Right, similar words. Didn't work out that way, and I don't see this working out that way either. B- besides, Kara, we are net exporters of oil now. Why, why do we need more oil-
- KSKara Swisher
Mm-hmm
- BCBill Cohan
... from Venezuela? I mean, uh, this is just this crazy, uh, hubristic, uh, uh, ugly, uh, American behavior that I thought we would have learned from over the decades of doing similar things, especially in Latin America. And, and I'm not... I mean, obviously, if you're the CEO of one of these oil companies, you get invited to the White House by a madman, you know, you go, and you listen to what he has to say. But I think as an economic matter, it's going to take a long time before they, you know, raise their hands and say, "Oh, yes, me too. I want to get in here and, you know, extract this oil," because first of all, it's-
- KSKara Swisher
Even if they get a freebie from taxpayers, if he's able to do that at all, right? Which is questionable.
- ACAudie Cornish
Yeah, we don't know the mechanisms about how this will work.
- BCBill Cohan
Maybe.
- ACAudie Cornish
Also, Bill, I was wondering, in the era of this kind of Trump administration trans- transactional foreign policy and transactional business policy, can you do-
- BCBill Cohan
Everything's a transaction.
- ACAudie Cornish
Yeah, so you can't do a no-strings-attached situation with the Trump administration, even as an oil company, I would think, right? Like, if they're gonna not... Like, even Nvidia has to give a slice. [chuckles]
- KSKara Swisher
Mm-hmm.
- ACAudie Cornish
So, like, why wouldn't you-
- BCBill Cohan
Intel, Nvidia
- ACAudie Cornish
... and are companies starting to be wary about that?
- BCBill Cohan
Totally. I mean, there's... I mean, he said he's going to, you know, seize the oil that has apparently been, you know, ours and locked up apparently, and he's going to con- sell it on the market and control the proceeds of that sale. I mean, he's got his fingers in all these pies. It's this ultimate grift. You know, the Center for American Progress has got a website now that tracks the grift. It's nearly $2 billion since January-
- ACAudie Cornish
Mm-hmm
- 31:43 – 45:03
Warner Bros. Rejects Paramount (Again)
- KSKara Swisher
and Bill Cohan. Warner Brothers Discovery has rejected Paramount's latest buyout offer, urging its shareholders to stick with Netflix. Warner Brothers said Paramount's bid was not superior to the $72 billion Netflix offer for its studios and streaming businesses. The board also flagged the uncertainty risk around Paramount's offer, saying-... it would effectively be a leveraged buyout, the largest in history. This comes after Larry Ellison stepped in to personally backstop Paramount's offer with a forty billion dollar equity guarantee, and just a little while ago, Paramount reaffirmed its thirty dollar a share all-cash offer for Warner Bros. No more, Bill. Um, you've done a lot of reporting on this, and let me just add in how Versant also, V- Versant is what I like to call it, um, like croissant, uh, factors in all of this. Comcast completed its spin-off of Versant this week, which includes MS Now, CNBC, and other networks. Versant shares closed down thirteen percent on their first day and now down twenty-nine percent for the week, although that is index funds repurposing themselves, according to m- many investors, and I think that's correct. All well, Paramount has been arguing that Warner's cable channels stub are worth around a dollar a share. Um, uh, let's talk a little bit about this. Now, Audie works for CNN, which is-
- ACAudie Cornish
Yeah, that's my disclaimer.
- KSKara Swisher
That's your disclaimer.
- ACAudie Cornish
WBD is the parent company.
- KSKara Swisher
Is the parent company.
- ACAudie Cornish
Yeah.
- KSKara Swisher
Um, I am-
- BCBill Cohan
For now
- KSKara Swisher
... a contributor to them, but I will be leaving if [chuckles] if Paramount gets it, so I don't ... And I don't give a fuck. Um, so I'm gonna ... Audie, you may weigh in as you want. Uh, I am happy to wait.
- ACAudie Cornish
No, I am literally here to learn on this front. [chuckles]
- KSKara Swisher
Okay. All right.
- ACAudie Cornish
Yeah. [chuckles]
- KSKara Swisher
Okay, Bill-
- ACAudie Cornish
Bill's done the reporting
- KSKara Swisher
... why don't you walk us through this and what happens next?
- BCBill Cohan
Sure. Well, the, the, the key point of what just happened was this idea that the Paramount offer, uh, at thirty dollars a share is the- deemed by the board of WBD not to be, quote, "superior at this time." Okay, 'cause if they did deem it to be superior, uh, whatever that means, that's a sort of a vague term, which comes- a lot of judgment comes into that. Uh, uh, if they did deem it to be superior, they could break their merger agreement with Netflix and turn their attention to the Paramount deal. They would owe Netflix a breakup fee of two point eight billion dollars, and then, you know, we'd have a, uh, the bidding war would begin again. Uh, so they, they did what you would expect them to do, which was say: "Why are we gonna ... You know, we've g- we've got this merger agreement with Netflix. We're happy with it. We think it's worth more, and, uh, there's no reason a- at this moment to, to change that recommendation." That doesn't mean that they, um, uh, if Paramount, uh, were to raise its bid, as it sort of indicated that it, uh, might do because it said it wasn't, hadn't made its best and final offer, but yet it hasn't done anything beyond thirty dollars yet, that they wouldn't change that recommendation and open up the bidding war again.
- KSKara Swisher
They, they did note they would listen. One of the board members noted that on CNBC. Like, if they wanna lob another number-
- ACAudie Cornish
Of course
- KSKara Swisher
... over, we're happy to take it.
- BCBill Cohan
Well, they're, they're, they are in what is called Revlon mode now of selling. They have to sell the company to the highest bidder. They are required, you know, by Delaware law, essentially, to do that, and that's why they're constantly reevaluating this, uh, these two bids, and once again, they've ... I mean, there's no difference between uh, uh, this, you know, the December 4th bid, final bid that Paramount made of thirty dollars a share hasn't changed in a month. So if, if the, if they wanna upset the apple cart here, they are going to have to raise their bid. Now, they may not want to-
- KSKara Swisher
You also had noted these fees of, uh, that Paramount wants more control over, uh, certain loans and the, the, the, the-
- BCBill Cohan
Yes
- KSKara Swisher
... there's a lot of money there.
- BCBill Cohan
So Warner Bros. is concerned about the, uh, way that Paramount would let them operate their own company between signing and closing, and since it's like an 18-month process generally to get this kind of a deal, uh, uh, regulators' approval, both in the EU and here, to get it closed, they need to know that they can operate their business in the normal course. And, uh, Paramount put several covenants into their proposed merger agreement that would limit the flexibility that Warner Bros. has during that period, and Warner Bros. believes that that would cost them-
- KSKara Swisher
Uh, which Netflix has said, "No problem."
- BCBill Cohan
Oh, Netflix has said, you know, "Do what you want,"
- KSKara Swisher
Mm-hmm
- BCBill Cohan
... which is another reason that they're gone with the Netflix deal.
- KSKara Swisher
Yeah.
- BCBill Cohan
Netflix also said, "You, and if you don't take our deal, we're gonna walk away,"
- 45:03 – 55:05
Grok Generates Sexualized Images
- KSKara Swisher
Elon Musk's AI chatbot, Grok, is facing criticism from governments around the world as it continues to create sexualized images of women and children. Grok Im- Imagine, an AI image generator, includes a spicy mode that can generate adult content. Meanwhile, Musk's xAI says it raised twenty billion dollars in funding, round exceeding the target of fifteen billion, including from Fidelity. Um, just the, just today, they're making, uh, uh, filthy images of the woman who was killed in Minneapolis. Um, the European countries are, are losing their minds. You haven't heard word one from Sundar Pichai at, at, uh, Google, or, um, Tim Cook at Apple, who would've, should've been to... CSAM is supposed to be against the law. So you two, you're, you're, you're, you're, you're soiling yourselves in public by not d- doing anything about this. That's my point of view. But why-- This funding round suggests investors don't care about these issues. I'd love each of you to weigh in. Bill, you first on, uh, on what's happening here.
- BCBill Cohan
Well, as a, a, a great American once said, uh, "Kara, uh, X is a Nazi porn bar," and so-
- KSKara Swisher
No, that's me.
- BCBill Cohan
Yes, it was. Thank you. Uh, and it certainly is. It certainly is, and this is just another example of it. Uh, but look, from a business point of view, uh, xAI and the merger between xAI and X saved X, right? It saved, uh, Fidelity's investment in X, as well as Larry Ellison's and Marc Andreessen's, and, uh, you know, uh, uh, a- and other friends of Elon's. Uh, so I guess, and the banks, who are about sitting on thirteen billion dollars of, of loans that they might lose, uh, a lot of money on. Uh, so that merger, uh, uh, saved the X deal, which, you know, gotta give, I guess, e- uh, Elon credit for devising and conceptualizing that, and now he's raising twenty billion dollars at a what? At three hundred and fifty billion dollar valuation or whatever it is. I mean, uh, you know, I guess from a purely business point of view, Kara, you have to admire, uh, Elon's ability to, uh, m- make a chicken salad out of chicken shit, uh, and you've got to admire, I guess, the fact that suddenly he's now worth, you know, seven hundred billion dollars because of SpaceX, et cetera, going public. I mean, so the guy knows how to make money for himself, a trillion-dollar pay package out of Tesla. Uh, his old pay package was reinstated by the courts. I mean, so, all right, on one level, you have to kind of admire that if you're an American who believes in sort of Darwinian capitalism. On- on the other hand, you know, you expect Elon Musk, and you know this better than anyone, to, to e- eliminate these images and go f-, you know, whole hog on trying to reduce the Nazi porn bar aspect of what he's created here.
- KSKara Swisher
So why haven't... This is CSAM. This is, th- this is porn of children. Like, I, I think he would utterly allow porn of women. I think he's, he's a misogynist, so that's sort of, that's w- water under the bridge for him, so to speak. But with children, this is something that usually sets off a firestorm, a problem. Any reason why they're, like, fine with CSAM, Sam?
- BCBill Cohan
I mean, to, I mean, again, does E- Elon Musk, uh, like to do the right thing when it comes to these things, or does he just like to claim it's free speech and, you know, whatever? Let it, let it ride. I mean, you know, he reinstated, uh, Trump. You know, he, you know, i- I don't... I, I wouldn't, uh, lose sleep or, or hold my breath thinking that Elon Musk is going to do the right thing here. But, but, you know, he might do that one simple, basic thing that is so obvious that it has to be done, meanwhile, leaving the rest of the Nazi porn bar to thrive. So-
- KSKara Swisher
Yeah. Audie, thoughts?
- ACAudie Cornish
Uh, I'm curious about the people who, you know, like the First Lady, [chuckles] or, or Ted Cruz, who were so touting the Take It Down Act, you know, which was supposed to, um, a- allow people a chance to take down non-consensual images, sexualized images, and-
- KSKara Swisher
Marsha Blackburn?
- ACAudie Cornish
Marsha Blackburn. Yeah, again, it's one of those moments where you're like: Do you, do you actually care about this, or do you not care about this? The other thing I think about is there's this weird collision course between-... the very muddied aspect of AI and that culture, which says, "Onward, no matter what," and a pretty broad-based, not quite a moral panic yet, but very much something brewing among parents and in school systems where they're like, "Ban phones!" And, "We're Australia, we're saying kids can't even be on there." We're on a collision course, and sometimes it feels like the industry, their plan is just to outrace us. Build all the data centers you can. Make this thing your- make your born bot quickly. Just do it all while Trump is okay with it, um, and, and then people can't really stop you.
- KSKara Swisher
Yeah.
- ACAudie Cornish
But I don't-
- KSKara Swisher
That is their policy for everything, by the way.
- ACAudie Cornish
Yeah, and I do-
- KSKara Swisher
Like Amazon and taxes, uh-
- ACAudie Cornish
But it's not 1995
- KSKara Swisher
... Google and Steve. Yeah.
- ACAudie Cornish
Nobody is looking at the industry and being like, "Well, they do have our interests at heart-
- KSKara Swisher
Right
- ACAudie Cornish
... and they might cure cancer."
- KSKara Swisher
Right.
- ACAudie Cornish
No one is saying that.
- KSKara Swisher
Right. [chuckles]
- ACAudie Cornish
Everybody is just like: "I want to throw my phone out the window. I hate this. I'm not on socials anymore. I'm a teen in a Luddite club." Like, the backlash is real, and I'm very curious about going forward, if that turns into a po-
- KSKara Swisher
Oh, I-
- ACAudie Cornish
... political action, so to speak.
- KSKara Swisher
I-
- ACAudie Cornish
Is there a candidate who represents that?
- KSKara Swisher
I- I will speak to that. I think the CSAM, uh, stuff is gonna kill them. They're gonna... They're... This is not, this is not a-- This is where it stops, and you've noticed that, that Google settled with the parents of Unchat, uh, character AI. Uh, I don't know what the settlement is, and I did interview, uh, that mother, and I've interviewed... I, I'm-
- ACAudie Cornish
Yeah
- 55:05 – 1:03:56
Predictions
- KSKara Swisher
Audie and Bill, uh, let's hear some predictions.
- BCBill Cohan
[chuckles]
- KSKara Swisher
I will go last.
- ACAudie Cornish
You will go [chuckles] last?
- KSKara Swisher
I shall go last.
- BCBill Cohan
Okay.
- KSKara Swisher
Who wants to go first?
- ACAudie Cornish
That's not fair.
- KSKara Swisher
Bill.
- BCBill Cohan
Okay, I'll go-
- KSKara Swisher
Bill
- BCBill Cohan
... I'll go first. Uh, I, I have two predictions, uh, Kara. O- one is that I, I do think, uh, AI valuations are going to return to Earth in 2026, the latter half of 2026. Uh, not that AI, uh, isn't a valuable tool, like the internet is a valuable tool, but just like with internet 1.0, you know, you slap-... you know, dot com at the end of, you know, uh, a company going public, and it's suddenly everybody falls over themselves to invest. That's where we are now with AI. It's ridiculous, and, ah, it will come down to earth, and a lot of people will lose a lot of money, which is always, I think, uh, justice, uh, to some extent. Not that AI won't be incredibly valuable tool, as it already proves- is proving to be and will become more so in the future. And the, uh, second prediction is, uh, one of my favorites, which is that Hakeem Jeffries will be, a year from now, the Speaker of the House.
- KSKara Swisher
If not sooner.
- ACAudie Cornish
Yeah-
- BCBill Cohan
If not sooner.
- ACAudie Cornish
More and more people are talking like that, frankly.
- KSKara Swisher
Yeah.
- ACAudie Cornish
It's very interesting.
- BCBill Cohan
Sooner the better, as far as I'm concerned.
- KSKara Swisher
All right, Audie?
- ACAudie Cornish
Um, well-
- KSKara Swisher
Quick ones?
- ACAudie Cornish
Just to give you a sense of, uh, how it's going, so my staff made this at the end of the year- [laughing] ... meme of me. These are, these are mouse pads, which they come in bulk, so if anyone wants to-
- BCBill Cohan
Oh, definitely want that
- ACAudie Cornish
... buy one. [laughing] So that's our-
- KSKara Swisher
So this is fine, like-
- ACAudie Cornish
Our merch. Um-
- KSKara Swisher
It's a meme
- ACAudie Cornish
... and a likeness of me that was startlingly accurate.
- KSKara Swisher
Yeah.
Episode duration: 1:03:56
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