SPEAKER_00: all right everybody it's a huge show today first up we're going to break down the scam bankroom frauds tale of two interviews i'm sorry sam bankman freed sorry molly i get that wrong sometimes my

SPEAKER_01: it's my you know it just happens you lose focus it's my dyslexia i blame it like sam bankman fraud i blame it on something other than me it's my dyslexia exactly i never meant to screw up his

SPEAKER_03: name like that yeah so yesterday andrew ross sorkin interviewed sbf at the new york times deal book summit and then this morning good morning america aired 10 minutes of a two-hour interview between george stephanopoulos the goat and sbf one interview was i don't know to just be blunt about it one was a joke and one was amazing and we're going to go through each of them and show you which is which

SPEAKER_00: i haven't seen so many softballs since you know somebody finished the joke for me but my lord that was a lot of softballs and then man it was raining cotton balls it was raining cotton balls a deal

Chamath Palihapitiya: book and then stephanopoulos the spartan comes in and just absolutely demolishes this is a clinic

SPEAKER_00: in how to conduct an interview with somebody accused of one of the largest frauds in the history of humanity of course then it wouldn't be thursday without this week in streaming our guy lon harris joins us to talk about all things streaming including de-aging yeah this is so fun we have

SPEAKER_03: a fascinating conversation about disney's new in-house ai based de-aging tool what it means for

SPEAKER_02: the future of movies franchises and possibly humanity and then uh we were we talk a little bit uh about

SPEAKER_00: lon's great suggestions things for you to watch this weekend and some really good ones in there and i reveal two of the movies that i had cameos in i'm talking about narrative independent films when i was in my independent film era at the turn of the millennium and people were putting me in movies

SPEAKER_17: amazing and i gave you some imdb y'all i'm on you haven't you haven't he has an imdb page that's it uh and uh the 90s were great i'll give you some 90s stories at the end of the show that you're going to

SPEAKER_24: love including sinead o'connor jeff buckley and others uh so stick with us good what a fun show yes

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SPEAKER_31: twist all right molly i love today already the last 24 hours have been quite interesting uh a tale of

SPEAKER_00: two interviews clearly sbf sam bankman fraud afraid sorry um he uh is doing the most confounding media

SPEAKER_30: tour in the history of uh frauds i mean mistakes yeah i mean we've seen uh people make bad decisions

SPEAKER_03: when they're under investigation but this has to be the most incredible flouting of common sense we've ever seen in the last 24 hours sam i actually saw i think nick posted this sham bankman fraud i mean it like goes on and on you can really you have like a lot of fun with this uh in the last 24 hours he has done two interviews one at the deal book summit with andrew ross orkin and then uh this morning in person on good morning america with george stephanopoulos and obviously everyone's going to talk about this we want to talk about a couple of specific parts of it first trying to understand why in the blue blazes and how he slipped his lawyers and is doing these interviews at all considering he's not

SPEAKER_34: involved with ftx anymore officially and then two or b who is who wore it best in the journalism

SPEAKER_02: department i mean the clips speak for themselves right should we just watch some of these clips they really do let's do it we're gonna go with some of these so uh here are we're gonna start with the

SPEAKER_03: deal book interview where sbf joined virtually we're just going to for purposes of a little bit of context i guess set up the part where he's just shaking the whole entire time there's not even sound here we're just watching him do the twitch which i'm now starting to think might be his thing yeah i mean

SPEAKER_43: he might just shake yeah you hate to make this part of the story because if the person has a condition

SPEAKER_31: right we wouldn't want to mock them or anything but when you're involved in a fraud and you're shaking like a leaf during an interview and you've admitted to promoting speed amongst your employees you kind of open the door to this right i mean so i feel like we're in our right i wouldn't just take a random person shaking and be like oh this person's shaking me they could be nervous right or they could have a tick so putting that aside for everybody who's going to be like please don't shame people for having a tick this guy's accused of like a multi-billion dollar fraud he's doing an insane press tour that no attorney would ever allow him to do and in fact people said in these interviews that

SPEAKER_47: i think stephanopoulos um said his attorneys told him not to do these interviews and he also has been

SPEAKER_31: promoting speed mm-hmm so the shaking feels like and we've seen him shaking in other interviews too so

SPEAKER_03: it may just be a part of the whole entire thing like maybe when he lies he shakes a lot i don't know but it is worth pointing out that this kid is shaking like a leaf okay so let's start uh the interview in in our first one minute 22 second clip here sam bankman freed starts by hitting on what

SPEAKER_51: appears to be his key defense here this was all a huge mistake can't wait to hear it there's a generous

SPEAKER_52: view and the generous view is that you are a young man who made a series of terrible terrible very very

SPEAKER_55: bad decisions the less generous view is that you have committed a massive fraud that this is a ponzi scheme a manipulation of the system and i want to start there because i think that there are so many people who have that questioned which is what is this and what did happen yeah look thanks for having

SPEAKER_58: me and um and at the end of the day i i was ceo of ftx and that means whatever happened whatever it happened i had a duty i had a duty to all of our stakeholders to our customers uh our predators i had to do to our employees to our investors and and to the regulators in the world uh to do right by them to make sure the right things happened at the company and uh clearly i didn't do a good job of that um clearly i um i made a lot of mistakes or are things i would give anything to be able to do over again um i didn't ever uh try to commit fraud on anyone i i was excited about the prospects of ftx a month ago um i saw it as a thriving growing business i was shocked by what happened this month

SPEAKER_59: and you know reconstructing it i where are there things i wish i had done differently so where to

SPEAKER_60: begin molly first apology tour stuff yeah okay there's really two ways you can go here i'm going

SPEAKER_05: to go with the first which is um what is sorkin doing here uh already the new york times has been

SPEAKER_31: treating uh this situation with kid gloves this person if the new york times is in fact anti-tech holding people accountable that's been this whole theme for the last five years there's been those leaks hey we're gonna hire people to hold tech accountable i i understand that if you want to hold tech accountable or big tech accountable there's that seems reasonable right how is this holding big tech accountable when you start with the question uh the generous way to explain all this you basically are like so you didn't pull the trigger on purpose your finger slipped right wink wink like this is leading the witness sorkin the suit great suit by the way andrew but sorkin the suit here is starting

SPEAKER_69: off with a softball he literally gave sam bank run fraud i'm sorry scam bank run fraud sham don't forget

SPEAKER_16: the shampard hold on sham bank run fraud sam bankman freed he gave him an out that's not how interviews work no i mean you're not like are you a fraud or not he answered that this is interview 101 sorkin

SPEAKER_31: yeah you know i this is the problem the new york times is putting sorkin out there to do like the

SPEAKER_72: most important investigative hard-hitting interview you know of the year and he's doing like this kid gloves interview it's terrible uh approach i think that wasn't what do you think am i being too

SPEAKER_74: well i think in this case if you're starting the interview

SPEAKER_03: it's your and your hello is okay so you know you're clearly trying to the way i would have phrased this is it's clear that your defense here right from based on all of your tweets everything you have said since this has come out like you want us all to believe that and this is a version of what he said when he was like the generous view is this and the the not generous viewers is a giant fraud i would have started it with like it seems clear that your position is that you just got in over your head here and you don't know you didn't know what you're doing and you didn't mean to do anything wrong you've said that there's no reason to let him restate that right like your first question is

SPEAKER_31: why should we believe that yeah or you know uh how about why didn't you have a board of directors yeah who was the cfo where is the money what controls did you have in place in other words get into

SPEAKER_30: the details of the alleged fraud right uh but you know uh this and listen i don't want to make this

SPEAKER_03: classic like this is when it's a presentation and an interview is the thing right when you're on stage you gotta like you're leading something you're you're saying hello this is the hello question this is like the like i'd like you to give you the give you the opportunity to introduce yourself so i'm gonna let him off the hook a little bit on the hello question sure on stage it's just after that

SPEAKER_85: where it all falls apart and here's the thing i'll say you know this this has to do with access

SPEAKER_31: journalism so remember andrew russorkin uh hosts the cnbc show every morning if you want to get ceos on that show to come on on a regular basis if you're conf too confrontational you lose access if kara

SPEAKER_00: swisher is doing the code conference and she's too controversial if she's too um cutting you're gonna lose the interview next year the person's not going to show up and you know i don't know what andrew

SPEAKER_31: russorkin is getting paid to host this i'm going to guess he gets paid a half million or a million dollars to host something like deal book kara swisher walt mossberg anybody who hosts these conferences half million a million two million dollars i don't know if that's the case of the

SPEAKER_00: new york times i would assume there's something some very big paycheck for him and so you get into this very awkward space where if you're too harsh on people they don't show up for your conference if you don't get the big names you don't get the big ticket sales and the tickets to these i don't know what it costs to go to deal summit or deal book summit deal book summit i'm going to guess five or ten grand is the ticket price like any other big tech conference so anyway there's a little bit of

SPEAKER_01: that undercurrent here which is you know and this is a show it's a little bit of a show um and kid

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SPEAKER_03: next clip i think gets interesting for our purposes because sorkin eventually asked um how much of this implosion might have been an oversight due to vcs and remember last week the wall street journal reported that sequoia actually apologized to lps on a call for not doing enough diligence on ftx and losing you know effectively its entire 150 million dollar investment so sorkin in this 97 second clip

SPEAKER_98: asks about that we had larry fink here today and he had a stake in ftx and sequoia and paradigm and some very big venture capital firms had had given you money and i'm curious if they ever asked you questions about this risk management and whether they bear any responsibility for what clearly now appears and you're saying was at minimum a lack of oversight if not something much worse um i don't

SPEAKER_100: think they bear responsibility i mean like when you look at you put your size you put yourself in the

SPEAKER_58: eyes of an investor of a venture capital firm um what you're thinking about primarily is upside right what you're thinking about primarily is investing in a private company and thinking might this 3x might this 5x might this even 10x on the upside cases and yeah there's some chance that it will go down there's some chance that maybe it will go down to zero um but that's counterbalanced by the upside propositions here and and so most of what they were focused on was you know i i think like what might ftx become what's the pathway to get from here to there you know what would it take what are the missing pieces um you know rather than you know at the point where you're dwelling on all of the various precise downside scenarios and risks for a prospective

SPEAKER_100: venture investment that means you're not investing like if that's where your head's at you know if you think the odds are that that's where things are going to end up why why would you do that investment

SPEAKER_30: i'm seeing us making the exact same faces here i know you go i mean okay he's describing the power

SPEAKER_00: law congratulations but sorkin again giving sbf and out uh uh sorkin the suit saying hey isn't this

SPEAKER_31: not your responsibility it's the vc's responsibility i mean what is going on here he's giving him like every off-ramp instead of like keeping the witness here he should have never say yeah what was the what diligence did sequoia do did you have a data room what was in the data room did they ask for a board seat why was there no board why was there no controller what did you provide a diligence room what was in the job lie to them did you lie to them oh very good molly yes because what i see in the very

SPEAKER_108: beginning of that clip because i've now decided that the shake is his tell yeah in the very beginning

SPEAKER_03: of that clip he's shaking like a leaf again and i think it's because what he is not saying is that he lied to them like the way to frame that question is either okay it seems to me me aaron ross sorkin in the other part of the multiverse where he's like i'm doing a news interview and not a show yeah where he's like it seems to me that either your vcs didn't do due diligence or you lied to them yeah can you tell me what those communications were like yeah yeah so this is really weird

SPEAKER_05: um terrible interview so far um i watched the whole thing right i'm not great it wasn't a very good interview i have to say and you know what shame on sorkin because he knew going into this that people were assuming he was going to do a kid glove interview because there was a feature story

SPEAKER_31: written about sbf uh like a week before where they're like oh my god you know like and it wasn't just new york times wall street journal also a little bit of kid gloves but people were like going through the new york times puff piece of him and there was no mention of fraud there was no mention of theft somebody just took all the keywords and they did a tweet storm like how many of these words were in the story and the away ceo got tarred and feathered i keep bringing up this story about the oa ceo because it was so unfair they literally tarred and feathered her and got her fired uh because she

SPEAKER_43: demanded excellence during the holiday season to sell some goddamn luggage and just make sure the people buying the luggage got their luggage on time for christmas and then this kid steals billions of dollars uh co-mingles users money with trading accounts is doing self-dealing is pushing speed on his employees all this stuff isn't either admitted by him or his co-founders i'm not speaking at

SPEAKER_95: school here this is stuff that they've said already yeah that they were doing come on honestly i am

SPEAKER_03: starting to have a lot of rage i can't believe i'm gonna say this yeah about elizabeth holmes like the yeah the distinct the difference between the way that she was treated then was then pilloried and frankly like her 11 and a half year sentence like the fact that her own investors came after her and sbf is going to do this bizarre tour and like say nice things about them like they were just trying to get upside you know instead of maybe calling them out for not doing diligence or whatever means they're not going to come for him and he is not going to get in trouble and she got 11 and a half years in prison and is pregnant and fast company basically you know likened adina heffitz to

SPEAKER_97: uh like a red line a person who red lines against chicago landlords yeah like i'm just starting to

SPEAKER_03: feel like double standard there is a large double standard here because you can that will build up the blonde lady like crazy but god forbid the blonde lady do anything wrong and then she's going to jail molly and this guy he's not going to jail and i'm horrified hysterical right now yeah i have way too

SPEAKER_130: many feelings right now little lady oh little lady are you getting hysterical now it's literally they

SPEAKER_134: have a double standard they have a double standard for male ceos and female ceos is clear we freaking

SPEAKER_31: might we'll say okay yeah he's gonna get 20 years i'm predicting it right now i'm gonna put the over under on his sentence at 16.5 years uh i think he's gonna i think the over is the good bet i think he

SPEAKER_03: is gonna go to jail for sure i mean um this is he did some really bad stuff but then the the the train the parade of softballs goes on oh more hurling of cotton balls at the fraudster here um sorkin then

Jason Calacanis: asks about drug and stimulant usage which again sam bankman freed tweeted about yes literally the window he opened the window he opened the window there has been a lot of reporting of ongoing stimulant use he himself talked about micro dosing and then taking some thing to relax and then some

SPEAKER_03: more money whatever whatever so sorkin asks him about this here's a two minute clip of his deflection

SPEAKER_98: on that can i ask you about the drugs um you you have tweeted about it caroline has treated others have tweeted about uppers and downers um and all sorts of things um there have been pictures taken of something called uh msam uh which apparently uh increases levels of dopamine to the brain it's

SPEAKER_58: actually for parkinson's were you taking that as a patch so i it's it's funny hearing this i i had my first sip of alcohol after my 21st birthday and i think i i have maybe half a glass of uh of alcohol a year roughly speaking there were no wild parties here when we had parties we'd play board games and you know 20 percent of people would have three quarters of a beer each or something like that um and you know the rest of us would would not drink anything i see you know any legal drug use uh around me you know at the office at these parties like and and and when i say parties i mean like you know having people over for dinner is what that meant um i and look i can't talk about anyone else like you know what they're prescribing between themselves and their their their doctors or psychiatrists um i can say for me um i don't know like i uh i have been prescribed various things at various times to help with focus and concentration um i and i think they have done that i haven't felt any of um you know the sort of impact that i think people have been theorizing here from it and it's not a huge impact a you know in the first place anyway i think you know these have all just been totally on uh on label use of uh of medications and um you know i think things that on the margin help me focus a little bit um i wish i had been a

SPEAKER_98: lot more focused over the last year i may have been unfocused in this last moment because i actually wanted to follow up on the question when we're talking about venture capitalists oh my god um here's

SPEAKER_05: how you do the follow-up there molly very simple did you encourage your employees to get

SPEAKER_00: prescriptions for amphetamines or speed right yesterday did you take them yes or no i mean it's really that simple they encouraged employees to look into these um and then did you ever give

SPEAKER_31: your employees your uh speed or or your downers to sleep at night did you ever uh give your employees drugs period full stop because what's going to happen is one of these employees is going to say yeah you know i was feeling sluggish one day and sam gave me a patch that's what's going to happen

SPEAKER_43: here because that's what happens all the time listen if you're on a college campus and somebody's got an adderall prescription from what i understand this is you know in the 90s we didn't have this but from what i understand if somebody's got an adderall prescription they're hosting the party during finals and they're just handing their friends you know adderall and people are just like yeah it's just an adderall it's no big deal now okay maybe in college you know uh you know people feel uh loosey-goosey about that but at a company if you're the ceo and you're passing uppers around that's that's crazy and if somebody in the company you know has adhd or needs to talk to a psychiatrist that is done in the most delicate of private settings not at an all-hands meeting where you're like here's the different stimulants you can do in a in a powerpoint deck or whatever they did

SPEAKER_03: and it's such an unbelievable dodge he is literally okay two points one he is literally asked directly about a stimulant patch and he starts talking about alcohol so that's where sorkin needs to stop him and say i did not ask you about alcohol i asked you about this particular stimulant patch and then producer brian new guy makes an outstanding point in our chat right now which is wait a second didn't

SPEAKER_140: they have a fifty thousand dollar outstanding tab at margaritaville yeah but they only drank three

SPEAKER_30: quarters of the daiquiri each and then they went home and they played uh uh settlers of katan what are these what do you nerds play it was through the ritz and sliders they had too many that was the

SPEAKER_51: mood sticks every time we just ordered 3 000 beers and drank half of them like oh my god everything about really is the worst interview ever it actually really is brandon brooks and our noti gang described

SPEAKER_123: as a dog and pony show and that's honestly the best phrase for it man like he starts talking about

SPEAKER_03: you don't jump in and then he makes a weird joke about being on and also by the way in that meandering

SPEAKER_16: answer was a yes right he eventually did say yes i take stimulants i guess sorkin doesn't do follow-up

SPEAKER_31: questions or maybe somebody writes the questions for sorkin i mean he's i think he writes great dialogue right he created the tv show billions one of my favorites like he's the co-creator i mean i don't want to dunk on sorkin here but who's writing questions i mean like well it's hard

Jason Calacanis: not to worst interview ever clearly someone is writing his questions and then he's not listening and

SPEAKER_03: following up that's what this all comes like literally as soon as the kid says alcohol you stop

Jason Calacanis: him you stop him you go well actually i didn't ask you about alcohol i'm asking if you use stimulants at work i'm not asking you about parties yeah yeah just really so frustrating but you know

SPEAKER_00: uh okay and sbf has no attorneys advising him or he's still or maybe he put two speed patches on

SPEAKER_177: this morning i don't know what's going on here sorkin did ask him in this interview he's like where

SPEAKER_03: are your lawyers he's like what did they say and he goes oh no they don't want me to do this

SPEAKER_31: so this is manic behavior i will say this is manic behavior or this is some next level uh the only thing i can think of molly illusion perhaps this is a next level legal strategy of he's in a manic state he is doesn't know what's going on and his attorney said hey go

SPEAKER_00: out there and play dumb and say you didn't know because when an actual journalist sorry sorkin is

SPEAKER_177: a comment is sorkin a journalist or a commentator didn't he used to be a journalist anyway i think so

Chamath Palihapitiya: this is i think so this is not this is so poorly it's such a bad it's not a good outing he should

SPEAKER_31: have just here's how to think about this molly if i was doing this interview i'd say this is the the first and last time i'm interviewing this person in all likelihood so what i'm it's not like i'm trying to get him to come back to deal book next year to sell more 24.99 tickets here by the way it's pretty pretty steel 24.99 it's a cheap event but i think it's maybe a one day event anyway i'll go

SPEAKER_184: next year this terrible interview and you should have just gone ham because yeah the next interview

SPEAKER_68: this kid's given is going to be from the penitentiary in all likelihood listen i have been

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SPEAKER_03: in broker in broker.com twist i want to do one quick um clip that i think might have made a little news and then let's do since this is a tale of two interviews we will show some ways in which it could have done better and in which sbf really may have gotten himself in some trouble um but a couple like a couple of meaty nuggets did come out of this eventually one um i think was very interesting this 24 second clip still from sorkin uh where sbf made a distinction between ftx us and the offshore business the bahamas one and actually said that as far as he knew ftx us was solvent just to make a

SPEAKER_58: distinction here you look at the us platform you look at the international platform the us platform uh the us regulated platform with american users to my knowledge that's fully solvent that's fully funded and uh you know i believe that withdrawals could be opened up today and everyone could be made whole from that that none of these problems pray plagued the the us platform maybe and then

SPEAKER_51: he said that today right he did a tweet today he followed up with a tweet yeah we have the tweet here

SPEAKER_03: he said expanding on dealbook when i filed for bankruptcy that is i'm fairly sure ftx us was solvent and that all us customers could be made whole to my knowledge it still is today i was expecting that to happen i assume that he means customers to be made whole i'm surprised it hasn't he said i'm not

SPEAKER_05: sure why us withdrawals were turned off yeah um okay so it's somebody else's fault you know that

SPEAKER_195: enron yeah that enron guy right now is just like i will kill him i will find this kid and i will kill him

SPEAKER_05: yeah i mean if there's like a bunch of fraud and a collapse going on here you do want to freeze everything to figure out where the money was moving from like if he's saying this is solvent what about the other two or three or twelve entities so you know there's going to be so

SPEAKER_00: much forensic going on here but all right and finally i guess people gave a round of applause

SPEAKER_199: to this is amazing maybe spf's parents were in the audience or somehow media people made the trip

SPEAKER_98: to new york to lincoln center sam i know that this has been a difficult conversation um has it a tough conversation sorry and uh on behalf of everybody here and on behalf of the public i want to thank you for engaging in it at a time in truth when i know you've been advised not to so thank you so

SPEAKER_201: very very much oh thank you so very very much oh thank you thank you thank you ah absolutely

SPEAKER_204: sam bankman freed everybody look at this that guy's not clapping i love that i like that one guy hold

SPEAKER_206: on i like that screen reaction shot paused this is important you don't clap for will smith after he just

SPEAKER_43: smacked somebody you don't clap for sam bankman freed this guy on the left he gets it mr humph guy

SPEAKER_208: who's smirking that's the goat that's the guy who got it right you don't clap for a criminal there's

SPEAKER_03: another one in the middle too there's sort of like there's this woman clapping and then this older woman barely clapping and then yet another guy right in the middle in the exact same suit just sitting there

SPEAKER_208: being like the black suit blue shirt guys yep those are those guys are lps those guys lost money they're

SPEAKER_43: like how did you let this happen all right let's get this george stefanopoulos clip having it yes okay so sork in the suit drops the balls and stefanopoulos the spartan a true warrior journalist who does not give af as the kids would say goes full-on colombo for 66 seconds let's talk about the reasons ftx went

SPEAKER_218: bankrupt is because ftx deposits yep were used to pay alameda's creditors carolyn ellison said you knew

SPEAKER_59: about that is that true you know best i can tell uh alameda did have a big position open on ftx um that position uh i think was you know very over collateralized uh a year ago there is a total market collapse and you know specifically a large correlated collapse in its assets you know over the last month and to some extent over the last year that i you know threatened that position quite a bit and i think that's you know as best i can stand a lot of what happened there i i am no cryptocurrency

SPEAKER_218: expert i'm no finance expert but i don't think you answered my question i always did you know that ftx deposits were used to pay off alameda creditors uh hold on pause this and rewind pause and rewind

SPEAKER_68: did he just whisper to himself the question back this is a real interview juxtaposition uh stephanopoulos the spartan versus the suit and he this follow-up question is so brutal the reaction from sam bankron sam bankron fraud is his head goes lower and he whispers and he

SPEAKER_226: repeats the question to himself did you catch that molly yeah oh yeah i love that he does it a couple

SPEAKER_227: times it's amazing let's watch it again as best i understand a lot of what happened there i i am no

SPEAKER_218: cryptocurrency expert i'm no finance expert but i don't think you answered my question listen right now yeah did you know that ftx deposits were used to pay off alameda creditors uh he he just repeated

SPEAKER_231: it back to himself because he is he knows he's stuck yeah this is checkmate this is checking

SPEAKER_42: monopolist in two checkmate in two and he gets it when we get to the last clip in this sequence he gets

SPEAKER_03: i think a really really newsworthy moment but yes i mean okay so what i find so fascinating about this is that all through the deal book interview all through every interview that he's done always on in his tweets and and he attempts it with stephanopoulos he does this like what i call the chaff strategy it's like he's like shooting flares out the back of the fighter jet trying to deflect the missile with this really complicated financial talk yeah right he's like i will just confuse them with bleep bloop bloop hedge position and duperly dupe over collateralized in the dollar the hole in the here

SPEAKER_02: margin position margin position position for the here for there and if you're sorkin at deal book

SPEAKER_03: a financial conference you can't be the person who sits there and is like i don't understand that but if you're stephanopoulos you can be like oh i see i'm on good morning america bro i don't like one i don't understand what the hell you're talking about with the over collateralized bleepity bloop but also it doesn't matter that's not the point it's not the question and like so many people have gotten snowed by this by the chaff like the missiles have been deflected by the flares i i recently watched maverick again like three times in a row so good but nobody but you know george was like actually i don't care what the collateral was did you know or did you not know oh it's beautiful you

SPEAKER_244: got him it's like colombo oh you you said you ordered the chicken palm ma'am on sunday because i

SPEAKER_245: talked to the restaurant and the restaurant said chicken palms only on monday night and uh carolyn

SPEAKER_244: said carolyn said but my wife says i'm a nudge oh mr colombo you know i did not murder my wife and

SPEAKER_184: i did order the chicken palm but i i must have ordered that another time when i was at the rest

SPEAKER_72: he just gets he nails them i'm no crypto expert now okay this is so great stephanopoulos is running a clinic and the pause you know when people are lying when people are trying to be squirrely

SPEAKER_01: um they try to you know they do the flare technique but when you kind of corner them you know uh you do get these weird moments like repeating stuff back to him themselves um and this is why asking the same question two or three times as an interviewer is sometimes the best technique or i'm sorry i didn't understand the answer let me try one more time which i did by the way i don't i'm not this isn't about me um but when i had a certain guest okay i'll just point out two trevor milton from nickel on the pod i asked him some very doggy questions two or three times and

SPEAKER_00: also when i had a certain individual who had been fired from his previous company i asked him three

SPEAKER_198: times at the all-in summit i always say his name uh because i don't want to get the stands in here

SPEAKER_00: but i did ask him three times why were you fired from facebook that's me reaching for my flag one more time why were you fired from facebook and a third time i'm gonna and i literally said i'm

SPEAKER_31: gonna ask you a third time and then i'm gonna drop it but can you tell us why you were fired from facebook yeah so i literally said this is my third time asking which is what stephanopoulos did very astute follow-up question which is i'm sorry i didn't understand that i'm no expert but can you try one more time giving me that answer that's him cuing the audience who may be paying partial attention to the fact that this is a follow-up question it's explicitly

SPEAKER_00: it's a follow-up question and you know all gee willikers i'm no expert oh so masterfully done

SPEAKER_68: he sacrificed the pawn to boom put him in you know check it's great hey when covet hit you all know

SPEAKER_01: i was struggling with my weight one of the things i tried was a continuous glucose monitor cgm you've probably heard of these and i used a product called nutrisense which i actually invested in the company i was so thrilled with it and it really helped me understand what makes my glucose spike and then that helped me get my weight under control the perfect example was i thought ice

SPEAKER_17: cream was really bad for me in terms of spiking my uh glucose levels and so i was like oh maybe i'll just have a bowl of cereal at the end of that turned out cereal spiked my glucose two or three times what just a small little couple of spoonfuls of haagen-dazs did right so i learned something there

SPEAKER_00: and this is what nutrisense lets you do you analyze in real time your glucose levels so you see how you respond to food and exercise you really have to understand your body quantified self is what it's all about and nutrisense is the way to do that and the application is gorgeous and beautiful if you use the nutrisense app you're going to be able to visualize this data you log your meals and you can run experiments hey what if i run and then i eat what if i eat my salad first what if i eat my protein first and you'll get expert guidance from a dietitian based on your goals understanding this data is going to make it much easier for you to identify what you're doing well and let's face it where there's room for improvement like me don't eat three bowls of cereal at night let nutrisense help you reach your full health potential visit nutrisense.io twist and use the promo code twist to save 30 and get one month of free dietitian support n-u-t-r-i-s-e-n-s-e.io twist and it's funny because

SPEAKER_03: what we have here is literally the three attempts so that was attempt one let's watch attempt two which

SPEAKER_257: comes with a pretty epic pause it's a two minute clip if alameda is borrowing the money that belongs

SPEAKER_260: ftx depositors that's a bright red line isn't it there are a lot of cases where that's actually

SPEAKER_59: explicitly part of the programs and that are happening here it says that the digital assets may not be loaned to ftx trading they can't be loaned out i there existed a borrow lending facility on ftx and and i think that's probably covered i don't remember exactly where but somewhere else

SPEAKER_266: in the terms of service but they'd have to approve of that they're saying they didn't approve of it

SPEAKER_59: here they're saying you approved of it if you rewind to you know the beginning of ftx um where you know some customers were you know uh i think in line with sort of existing relationships that that they've had at least in some cases wiring money straight to alameda research in order to trade

SPEAKER_218: on ftx so you do know and you did know that ftx deposits were being funneled to alameda so i was

SPEAKER_59: vaguely aware that that was how some wires were being sent in the first place um didn't that set off alarm bells in your head so there are a lot of people who are involved in that process and look i really deeply wish that i had taken like a lot more responsibility for understanding what the details were of what was going on there i knew that legal was involved i knew that other groups at the company were involved that you know there were agreements drafted up but you're ultimately responsible and ultimately absolutely like i look i should have been on top of this and i feel really

SPEAKER_270: really bad and regretful that i wasn't and a lot of people got hurt and that that's on me

SPEAKER_271: i mean holy cow wow in the first clip he did have two swings at back so he gave him the question

SPEAKER_30: then the follow-up and here he is again you know just he's like well actually i mean the screws your

SPEAKER_273: agreement right here with the lenders the depositors said that yeah isn't that a red line it says really

SPEAKER_51: isn't that your job you can't do that the buck stops at you job and then the last clip okay here we go

SPEAKER_03: i think uh this i think is actually the key to the i think news was made and it has yet to come out in this uh last clip which is 36 seconds when george tries the third time i just want to point out

SPEAKER_00: stefanopoulos said this is from a two-hour interview he did i think maybe 10 minutes of it made it to good morning america because it's a you know this is not their standard fare you know they're not making

SPEAKER_280: uh you know like a caesar salad for the holidays here uh yeah you know or or doing like the cast

SPEAKER_42: of you know white lotus season two i hope he had a toss to that though and then he was like here's some great eggnog cocktails for your party no i i think this was between like the white lotus cast

SPEAKER_68: season two and your eggnog recipes so this this is not standard fare here no for good morning

SPEAKER_118: america yeah this is what should have been happening at deal book and at deal book they're

SPEAKER_69: making eggnog and stefanopoulos is breaking down the financial i had a little i don't know what's going on too much eggnog i forgot my follow-up question yeah i would follow up all right here

SPEAKER_218: we go 36 seconds let's wrap this this is really a yes or no question yep carolyn ellison says you knew that ftx funds were being funneled to alameda did you know that i knew that there is an open margin

SPEAKER_266: position there and that that involved i know but that's all what i'm asking if she's in court and you're in court and she's under oath and you're under oath and you're asked did you know that these

SPEAKER_291: funds were being funneled to alameda what is your answer i did not know that there is any improper

SPEAKER_293: uh use of customer funds nice nicely done nicely i didn't know where he goes to jail like right there

SPEAKER_03: that's where george got if he said that and then now carolyn is in her apartment it was sorry her apartment in the bahamas and she's like actually i have the receipts like actually you know what though

SPEAKER_42: the moment that his lawyers were afraid of right there breaking news uh carolyn ellison uh has

SPEAKER_00: decided to sit down with andrew uh roars sorkin and uh andrew is going to totally savage her in an

SPEAKER_297: 8 000 word piece they have her leaked slack messages she's going to be absolutely demolished by the new york times sbs the lady sbs gets the best she already has they wrote the article about

SPEAKER_42: her being the alt-right darling oh they did that's right god bless america oh she's mad just she's

SPEAKER_03: mega so they had to go there's a target yeah what what a tale of two interviews i really cannot believe that he got him to give us like that is the lawyer's worst fear who's stunted to get him to give a direct answer i was not aware you know like that just handed the prosecution the case bravo george

SPEAKER_230: bravo bravo george i mean leave it to the greeks if you want a moderator if you want an interviewer

SPEAKER_00: i don't know who needs to hear this but andrew war sorkin absolutely fantastic in the writer's

SPEAKER_68: room of billions give him an emmy but the greeks coming on strong with no fear you have no idea what sorkin the suits fear is here what is he scared of what is sorkin who is he afraid of offending it feels like sorkin is afraid of offending somebody is there a finance person who's friends with him or is there some backstory here that i am not aware of where sorkin they whisper to

SPEAKER_03: sorkin hey just take it easy on the kid i think i really believe this as a former journalist that the only way to be good at your job is to put your ego in a box and be willing to look stupid like to be willing to say i do not understand that question can you say it to me again can you repeat that again that didn't make sense to me and i just have to believe that sorkin sat there in this big deal book conference surrounded by guys in blue shirts and black suits who really understand finance and could not bring himself to be like i don't understand what you're saying about the complicated

SPEAKER_307: financial mechanisms here yeah when i had tara luna on or i had no nicola the guy from nicola trevor

David Friedberg: milton i was like explain to me why this is cheaper or why are you pursuing this uh you know two d an electric car versus a truck makes all the money yeah it just nothing made sense like wait wait you're doing trucks by the mile and you're doing what's the technology that everybody gave up on um hydrogen trucks you're doing hydrogen trucks but that for that you're charging by the mile for and then you're

SPEAKER_00: also doing the badger and the badger you're doing why why would you do a consumer truck and go up against ford and cyber truck and all these other things you said oh that's so we can get the robin hood traders you know we need to get that crowd in and by the way that clip was in the court case

SPEAKER_68: and he was found guilty so once again the greeks asking the right questions we created democracy we

SPEAKER_102: created send you science plumbing this is the best show ever this is the best show ever it is already

SPEAKER_74: this has already been such good tv and now we get to talk about tv it is time because it's still thursday to bring lon harris back on the show the show goes on the show goes on i'm not going anywhere yeah

SPEAKER_324: what did you think about him like it's like it's frost nixon he this guy doesn't have a leg to stand on though i think that is worth pointing out it's an invisible he's not like

SPEAKER_326: clever sam oh yeah sam sam bank run fraud i i i don't i don't feel like he's a worthy adversary george

SPEAKER_324: stefanopoulos say four or five decades in journalism of course he's going to take this this kid apart with nothing he's got no argument of course he what he did was wrong we all know it

SPEAKER_209: yeah i mean anybody should have been able to take him apart but

SPEAKER_333: like are you crazy like yeah what are you doing here like stefanopolis just took the lightsaber out he was like yeah it's exactly why lawyers go flying yeah it's exactly why your lawyer is like

SPEAKER_337: don't go on please don't do it erica don't do it don't do it let us do the talk well right about now

SPEAKER_280: actually by the way um uh breaking news also uh i know you guys are not watching the twitter but

SPEAKER_00: elizabeth holmes lawyers are now suing because she didn't get an andrew ross sorkin interview that would have taken a couple years off her sentence yeah she'd done the interview with sorkin

SPEAKER_343: what if it would have she could have cried up there showing the belly uh all right let's talk

SPEAKER_345: let's talk about tv we got a good start i didn't mean to i didn't mean to pull us back it no no it's

SPEAKER_72: it's all good tv i mean is this going to be a great part of the uh elizabeth holmes andrew newman

SPEAKER_324: universe oh god i can't wait for sure it's already i mean that that that is already because apple owns the rights to the michael lewis book yes but amazon is already working on their own separate show about it so already we have two competing projects and we'll see which one gets i think i

SPEAKER_00: know what to do with our our uh little orphaned project with the crypto queen i think we need to

SPEAKER_72: just go full legion of dorks and the legion of dorks is a series of he's got the pen he's like okay boss i got this one i'm totally like elizabeth holmes sam uh bank run fraud adam newman and then

SPEAKER_326: who else can be in the legion of dorks this would this would been what like i kind of threw this idea

SPEAKER_324: at you that it's rather than it's it's a it's an anthology every season is a different story about some over the top scheme involving crypto so you could do or for or for all i mean however you want

SPEAKER_368: whatever the product is yeah i think i think crypto is a fun angle but i think um you know

SPEAKER_370: frauds or fraudulent startups or questionable business practices fight either way but yeah

SPEAKER_324: and i think each of these stories is a season and then you just or can you do them all in one season and somehow you know fiction this but it is like a shared universe so you could everybody you're introducing in season one like those characters those actors can still play those characters when they pop back up and tech it's not that big of a world you would definitely get recognizable fail like whoever you cast ever zuckerberg is your zuckerberg i just want to make sure that razzle

SPEAKER_03: dazzle girl is in an episode remember yeah air pods air pods where are my air pods remember when that was like a fun character in crypto and she's like long gone but she's all razzle dazzle like yeah but

SPEAKER_324: that's what i mean like there's so many characters from this world it feels a shame to zero in on one of

SPEAKER_05: these incidents yeah all right well let's talk about just great great cinema that's occurring uh

SPEAKER_47: this disney de-aging to me is a really interesting story maybe you could queue it up and then we'll

SPEAKER_03: get some hot takes from lawn yeah let's do it okay so disney has come up with a movie quality ai tool to solve the uh oh i wish i didn't have to use this pun age-old problem oh when you need your actors to look either older or younger the de-aging process has been slowly introduced into movies and disney movies and others and it's like it's not great right it introduces really an uncanny valley problem as jason put it earlier because you have these the the cgi is really distracting as soon as an actor talks you see like their face might look okay but when they start talking you're like oh that's not them and also it takes weeks it's super hard to do as a factor of editing and it's really really expensive so disney has decided to solve this problem with technology and has created this ai tool in fact here we can give some examples of how it has not worked uh here's carrie fisher de-aged in rogue one from 2016. and it's and then there's mark hamill uh de-aged they also de-aged it's like it's close and then mark hamill they de-aged in the mandalorian and that's 2016 and 2020 did that

SPEAKER_00: get better lawn do those because i think looks skywalker looked better but i had a problem with

SPEAKER_368: carrie fisher they've they it's definitely it improves a bit over time i think the the biggest

SPEAKER_324: issue that they have still is that you could do this to someone's face but if the physical actor is still there it it our our our eyes even if our brains aren't fast enough to be able to tell why what we're seeing looks wrong our eyes are very good at that and can tell so the the the classic there are two great examples of this that i like all the time uh black widow there's a scene where samuel jackson they de-aged his face and it looks great you'd really never know but every time he has to run down a hallway it's a 75 year old man with the face of a 30 year old man and your eyes can just tell the other one is de niro in the irishman where the face work is pretty good there are some shots where

SPEAKER_326: it doesn't look great there are some shots where it looks good but there's a scene where he's got to

SPEAKER_410: kick a guy on the ground and it's old man robert de niro kicking a guy he can't kick a guy like he used

SPEAKER_326: to kick a guy when he was in his 20s he used to be awesome at that he now kicks a man with a 75 year old sports you know and like and you were i think until we either it's a it's a total revolution in

SPEAKER_324: digital animation and we really start nailing a lot of this stuff to the point where we can fool

SPEAKER_414: your eye i think it's always going to be a little bit in the middle somewhere but your position if i

SPEAKER_280: remember from previous this week in streamings uh has been hey give the part to a younger person and

SPEAKER_324: recast it i'll tell you a little story uh very quickly in the 1990s i used to do uh junkets i used to do film journalism for the daily brewing and i interviewed james cameron when titanic came out and james cameron said and this was like 1990 or you know 1997 mid 97 uh james cameron's big thing was one day in the future computer technology will get so good you could cast one actor in a movie and you could set different scenes in every year of that actor's life and you would only have to cast that one actor we can animate how they're going to look in every other era so it's one actor giving one

SPEAKER_410: consistent performance he used mel gibson at the time as an example because in the 90s that was not

SPEAKER_326: objectionable uh and even at that time when it was a purely hypothetical pie in the sky it will look

SPEAKER_324: perfect i was already a little cynical like why not just get an actor i like actor i don't i don't see we we've had this uh you know like plays have had actors playing characters at different ages for hundreds of years thousands of years and it's never been an issue so it doesn't really bother me

SPEAKER_03: soap operas would just drop in a whole new person not even say a word just be like marlena is a different accent not marlena she lasted forever but and i mean i the rogue one example i always use is

SPEAKER_324: they put you know animated cartoon peter cushing in there to be grand moff tarkin i would just cast

SPEAKER_434: charles dance tywin lannister from game of thrones he'd be a perfect grand moff tarkin you know i take

SPEAKER_88: the other side of it when it comes to star wars i love this de-aging technology i love hayden christiansen

SPEAKER_01: coming back in obi-wan and them having that battle scene where they're training at the jedi temple in the clone war wars era that one worked for me luke skywalker being peak luke skywalker worked for me i don't want another actor however if they were to do a full-on series and it wasn't just a cameo i would go with what you're saying lon for a full show i think sebastian stan is somebody they talk

SPEAKER_370: about the guy who plays bucky barnes in uh in the mcu the winter soldier that guy looks exactly like

SPEAKER_444: young mark more than a cameo i take your position lon for under a minute molly i'm going with this i like this technology i can see it it's good enough for me i think that's it i think that's a good split

SPEAKER_443: i also don't love the ai part of this because that it's really a workaround so they don't have

SPEAKER_324: to pay animators and it's just like just pay out of your disney you can afford to pay animators if you want to interesting yes i mean this is a hundred percent about cost saving yeah this is like a computer will do it instead of humans clicking buttons and have you know that we have to pay to take breaks and go to lunch and i mean you know i don't mean to be really dark here but i'm i mean

SPEAKER_03: like animation is over that is not going to be a profession that exists for very much like i mean

SPEAKER_431: i'm sorry like computers are coming i yeah but all this ai stuff it's it's built on a foundation of

SPEAKER_324: real art these computers aren't doing art i'm not saying i like this time ever i saw this the other day i don't remember who tweeted this somebody tweeted like they they entered into an ai how do i make an omelet and the ai like produced you know thought up and produced results and they were like this doesn't come this wasn't a google search they the computer figured out and it's like well sure but

SPEAKER_414: the computer didn't invent the omelet it learned how humans already make omelets and then it rephrased it

SPEAKER_456: in its own language so that's why it's taking art exactly drew and then reformatting it it's not

SPEAKER_03: that's why ray kurzweil makes it very clear in the book about the singularity that the machines will keep us around as pets and for the occasional uh spark of inspiration like we're still gonna be okay

Chamath Palihapitiya: this has come up generative ai which is the broader term for ai building content based on

SPEAKER_00: the corpus of existing content we've had this discussion uh molly and i but i don't think with you here alan is i've wondered like hey what who's the source data and how are they being compensated because if you took every performance that mark hamill did as luke skywalker and then you start making luke skywalker content which by the way if um you know uh james cameron said this 20 years ago 20 years from now it'll be perfect right uh or beyond perfect be indistinguishable in 10 or 20 years you could then make luke skywalker series with mark hamill forever and never need to pay mark hamill i think but these lawsuits are going to be um pretty serious and the first one has the first major one has landed it's tangential to this one but there's a lawsuit now that microsoft and github and open ai which made a coding tool that uh basically helps people code faster you start writing code it tells you what to write next kind of situation um the people who uh wrote the open source software that train the ai are now suing and saying hey no good your ai can't be trained on

SPEAKER_410: our content so this is going to be major lawsuits it's fascinating we talk about this like it's a

SPEAKER_324: cutting edge like this is a today problem but this is actually a thing that goes back to pretty much the early era of computer generated movie effects like the famous story is they wanted jet lee to be in the matrix sequels and he said no because he would need to pose for computer modeling while doing his

SPEAKER_410: martial arts moves and he's like those are my moves i spent my entire life learning how to do kung fu i'm not going to give you my kung fu and then you put it in a computer and you can digitally recreate

SPEAKER_324: me doing my signature moves forever i own that that's me that's that's my art and uh that's why jet lee's not in the the matrix films that's fascinating he was like 20 years already that's you know he was having that concern you know when matrix revolutions came out the thing that i think is the big takeaway

SPEAKER_01: here molly uh for me is uh history rhyming if you remember george lucas created industrial light magic because nobody could make the technology he needed to do storytelling so he made it himself now george lucas as rich as he was from the merchandising rights he kept in the star wars era and and how much of a tentpole and that's sort of the whole temple craze for movies he made so much money but even he could not sustain the costs of running ilm because he didn't need to use it he didn't have 20 series of years or 20 movies and series of years to use this in however and so then that's uh famously how it spun out and became pixar right eventually uh fascinating too that there's

SPEAKER_443: a streaming tie in this week the willow tv series just debuted on disney plus from lucasfilm that was

SPEAKER_410: the the film that was the industrial light and magic film that they the first non-star wars thing that

SPEAKER_00: they worked on it became just like a movie effects house so here's the chart um of from 2006 to 2022 of just the increasing number of de-aging occurring in films and tv shows yeah and i guess in 2022

SPEAKER_280: there were 12 what's really happening here is the franchise system has become so profitable that

SPEAKER_00: uh they're looking for pockets to tell stories we've discussed as many times here with and or obi-wan filling in the timelines finding great little pockets of stories to tell but in order to do that you're moving up and down time when you're moving up and down time whether it's sam jackson in marvel movies or ewan mcgregor and hayden christensen and star wars films you're going to need this

SPEAKER_31: technology more and more second it's obvious there's one group that has the franchise the majority of franchises who needs this most and third nobody's making this technology so for disney unlike george

SPEAKER_78: lucas originally they don't need other customers they could spend a hundred million on this which would be 400 highly paid developers they could have 400 developers at disney spending a hundred

SPEAKER_00: million on this a year no problem because they would divide that hundred million into what looks like maybe two dozen uses cases a year and it easily pays for itself right um and opens up more

SPEAKER_405: opportunities that's the other thing to remember about like media and the film industry more generally

SPEAKER_324: is if you are on the cutting edge creating these kinds of innovations you can then yeah license them sell them market them and that's part of how you're making your money back just this week disney bought uh this streaming technology bam tech from major league baseball major league 15 they didn't own there was the 15 baseball had invented this in the early aughts before youtube to stream baseball games but now they just made 900 million selling their remaining stake to disney because disney uses it to power hulu and disney plus uh james cameron this is the same thing with avatar like part of the money that cameron made off of avatar was not just the money the movie made but all of the 3d imax equipment that he had to invent while he was making it to make the movie happen and they did it again that's the other story about avatar 2 people are looking at how much money it needs to make at the box office to make a profit he invented a ton of underwater camera rigs and ways to light and shoot underwater footage that have never been used before and so we're going to get movies over the next 10 15 years paying james cameron and light storm his company to use his tech so that's

SPEAKER_480: part of the story right now disney is saying that they have no plans to release they're calling this

SPEAKER_03: technology fran they're saying they have no uh plans currently to release it to the general network of the neural network exactly that does the de-aging they're saying uh you know this is going to be our technology moat for example around our franchises for the foreseeable future but there's no doubt that it could they could license it there's there's a difference between release it and then charge people tons of money to use it i i am a little i mean i will admit despite the the dark realism part of me that's just like the computers are coming and that's it i it is a little sad to me that we're going to develop technology to just keep sort of recycling the same faces over and over and over and like our our our entire future of art is just going to be franchises like that's a bummer and not a world i want to live in so like if they want to spend all their money developing this technology mode so they can make the same version some version of the same stuff forever then i will be excited to see the like independent films that hopefully spring up to fill in the gaps between the you know

SPEAKER_00: franchise universe and the universe of art there is some news on that in a second but um i just want to show the last the obi-wan series which we all loved um man i wish they had the budget of andor for

SPEAKER_494: that series but series are very satisfying to me they did obi-wan didn't have the budget of andor i

SPEAKER_324: think so andor was not that expensive but like they and or they did they were able to do so much because so much of it was just like it in the same four or five interiors had a big cast i mean it wasn't

SPEAKER_410: a cheap show but i think kenobi and and or were similar budget wise maybe it was all the money went to

SPEAKER_498: the stars in obi-wan and not to the sets right you definitely had to pay ewan mcgregor more than you

SPEAKER_154: had to pay diego luna yeah yeah the guy from andor's getting paid like 50 bucks i mean you got a

SPEAKER_370: pony up for fiona shaw and stella scars guard and forrest whittaker but not but not that much

Chamath Palihapitiya: come on yeah uh look at this clip though this is the obi-wan clip my lord this is great

SPEAKER_00: because they just dh 20 years and i i thought they nailed it on this one i couldn't tell this looks

SPEAKER_324: good and i think you know part of it too is you're not taking old guys and trying to make them look like young guys hayden christensen you know he's he's older than he was when he was 50 to 30 not 70 to 30 exactly i think it's a it's a smoother transition i think in some ways when and and you know he could still be there and physically embody the character but i don't know to me i i i feel like this stuff this technology is is so much better for something like planet of the apes when you could put andy circus in the planet of the apes movie and he could give a real performance as an ape and you could see he's got a chip face there's no way you could do that with an actor to me that's the best ideal scenario for this making the person look like themselves but 20 years younger it's like they had makeup and if you can't do it with makeup cast a new guy there was that halloween movie the second halloween movie halloween kills uh they had donald pleasance who's long deceased r.i.p donald

SPEAKER_421: pleasance they had you know he has he plays sam loomis dr loomis in the halloween films and they

SPEAKER_324: had a scene with him and i assume they used this technology but it was actually just a guy in a really good mask and like do that huh don't sell the technology disney i'm a disney shareholder

SPEAKER_01: do not sell it but except to warner brothers dc do one little licensing deal with them so that we can eventually get the crossover film i remember my childhood they would every now and then do a uh

SPEAKER_91: you know uh superman versus what they do on the marvel side they did like superman you would get like

SPEAKER_511: superman and the x-men or spider-man or somebody superman versus spider-man i think was the big one

SPEAKER_88: and then they also did like the justice league versus avengers and what justice league versus dc and marvel

SPEAKER_324: smaller companies you could they could cross the aisle sometimes you could get the super friends to come hang out with the you know the avengers versus superman is the what are the chances of

David Friedberg: that lon what are the chances that dc and marvel eventually do a crossover zero or no i'm firmly in

SPEAKER_324: the never say never like at some point we're gonna get to where both if they remain separate companies forever which no guarantees but like disney but just outright buying warner brothers at this point wouldn't be that shocking but yeah if that doesn't happen i i still think at some point you're gonna be like we've done multiverse we've done every time you can recast all these characters the x-men are here the fantastic four are here there's no way to like goose the audience the the biggest thing we could do that would get the most the biggest response would be yes superman's got to

SPEAKER_337: show up and hang out with tony stark for an afternoon and like once it gets to that level of

SPEAKER_368: fevered pitch where people just want it it'll happen there they'd be fools not to do it

SPEAKER_280: fascinating we go into this last uh it looks like um warner brothers television um oh this is

SPEAKER_368: yeah this is a small this was just a the head of of wb tv uh is that a different car a london conference contact london i believe uh and she said they're talking to amazon right now about sending

SPEAKER_324: animated dc comics shows and films to prime video instead of hbo max so it would be the first of these kinds of deals that zazz lab sort of teased which is maybe not all warner brothers content is

SPEAKER_410: only going to live on hbo max maybe they'll make a little bit of revenue by licensing some of it out to some of these other platforms because adults do want to watch animation all right well should we

SPEAKER_97: wrap on some tv recommendations yes i just want to ask one oh yeah yeah i i've watched willow i'm i'm

SPEAKER_00: i'm caught up before we go to tv recommendations i just wanted to tee up if you saw the uh i'm gonna

SPEAKER_91: go off docket here for a minute uh ben affleck and uh matt damon have started their own company they say they say they can save yeah artists equity they raised 100 million from some private equity person and they say they can make films cost 15 less and they're going to re-establish ownership in films by right the actors kind of reminds me of united artists exactly it's it's the modern version

SPEAKER_324: of the old united artists plan where actors are going to make their own studio and they're going to refigure all the deals so that all creatives including below the lines of cinematographers editors scripts you know camera teams they're all going to get sort of a better cut of the proceeds

SPEAKER_447: from from their projects fantastic this was also by the way from the deal book conference it was yeah

SPEAKER_324: he'll have like also threw a little bit of water on on netflix uh that that made some headlines where he was saying like he just he's like one team can't make 50 good films a year he's just like it's not possible there's not enough people there's not enough resources you need to movies are hard you got to focus and so he was just like best of luck to him i think they're talented people they make good stuff but you can't churn out that a level of content and ensure a consistent level of quality

SPEAKER_91: he called them an assembly line yeah creative endeavors need to have different little teams working with different perspectives right it's better if it's fragmented than consolidated

SPEAKER_324: yeah and i think i think that's a that's a pretty solid point he's certainly someone who's had a sort of a clear behind the scenes view of how all these things work director actor now he's runs a

SPEAKER_331: studio well and he's done like blockbuster to indie he really actually has spanned kind of all aspects

SPEAKER_03: of this and so if he's putting together a production company shout out right now like my brother calls

SPEAKER_02: him ben hoofleck i don't really know why but it cracks me up always and i'm always like that's

SPEAKER_324: that's from a movie it's a thing right it's from a comedy that's chris katan from saturday night live he's right he's like hitting on matt damon and he's like and he's like no no i gotta go see my

SPEAKER_447: friend ben affleck i believe that the whole family calls him that and every time i see his name i can't

SPEAKER_398: it's like never even read it right anymore yeah because that was the whole thing it's just these

SPEAKER_00: funny inflections yeah i you know i've always thought there's another model here which is the consumers really want to participate in uh the making of films it's aspirational i think oh sure and this is something i've been thinking about for the syndicate.com is like i wonder if there's a documentary film that could be made for a million bucks and i could just email a bunch of rich people and say hey do we want to invest in this but there needs to be some model whereby we could have actual ownership in it so imagine if a documentary filmmaker could make a film for a million dollars then you do a million dollars of uh marketing and you just release it online you just do vod uh and then you let people buy it pay-per-view and then you license it you know time window to places but you have some central group that owns a hundred percent of the ip and doesn't give it to hulu netflix or apple tv for all time it's only available in you know two-year licensing sprints

SPEAKER_91: or whatever but the folks these companies do exist they're just they're just small i mean it's it's

SPEAKER_324: hard consistently with films you know like like a a film can come out and make a lot of money and make a big splash but it's hard like just like ben affleck was saying it's hard to guarantee every time that that level of consistency every right for every one or two that hits it big you might make a few that you thought were great and then they just don't for whatever reason all right all right recommendations quick what are you watching uh i i i mean if you are a fan of willow if you are a fan of the film willow i feel like okay sure you will probably like this show but i don't know when you were

SPEAKER_331: like nine but you can't totally remember what it was about it's not a tv series holds up pretty well

SPEAKER_324: warwick davis uh stars he's a uh he's sort of like a villager and he gets sucked into this quest to save this magical baby from an evil queen it's very much like a epic fantasy kind of riff but done with the whole family in mind with a lot of sort of whimsy and humor as opposed to more like it's not as it's not as severe and self-serious and lore heavy as something like lord of the rings it's easier to just kind of jump into but you'd still get a lot of the set dressing all right and the movie's very charming because val kilmer it's one of his classic performances i loved the movie

SPEAKER_577: but i was a kid it's like i'm like well how much did i like it but i'll probably so this is a 2022

SPEAKER_324: follow-up film or a remake it's a sequel it's a sequel series so davis is back playing willow who's now old and joanne wally who uh who co-starred in the original film she's also back as her character and they were planning on bringing val kilmer back but kovid and he's still got health issues so it didn't work out but kevin pollack also back in a in a supporting role as one of the brownies

SPEAKER_414: so yeah and you know they've got he's got now a young crew of adventurers with them and they're on a new quest but it's in the same recognizable world of the first willow

SPEAKER_78: um so he also played uh was he an ewok and he also played leprechaun he's had a number of like

SPEAKER_324: iconic characters oh sure well i mean he did that show life's too short recently with uh ricky gervais that was like where ricky gervais and stephen merchant or or ricky gervais was like his manager you remember oh really it was yeah bbc show that was uh very funny he's also uh he's professor flitwick in the harry potter films the the the core chorus director the the music professor at hogwarts uh but yeah he he's the leprechaun and he was wicked and the main ewok and and he's also in the star wars

SPEAKER_410: prequels they put him he's like got cameos in those because he was in the yeah i was going to say

SPEAKER_590: i kind of remember that um what is the proper term for a person of short stature he's a little he's a

SPEAKER_591: little person he's a small person i think that's what they usually say little person is the we don't

SPEAKER_594: be the m word is the one you're looking to avoid got it okay i just want to make sure i'm uh accurate

SPEAKER_00: here it i think it's awesome that uh you know they are recognizing these performances and you know

SPEAKER_24: giving people opportunity like that i think it's like really cool it's very cool that yeah warwick

SPEAKER_324: davis has sort of developed this whole career and a guy who was very much like a character actor and popping up in these you know supporting roles and a lot of stuff in the 80s 90s but has now become

SPEAKER_410: among nerds and movie fans a recognizable name in his own right like he's a selling point on and

SPEAKER_280: somehow he was also it seems like star wars is getting him cameos in each one because not always in the force awakens but he's also in rogue one yeah he pops up all the time he just like he'll you

SPEAKER_368: know it'll be like in a bar or when they need a guy like in in uh in what the force awakens he's at

SPEAKER_324: the pod race he's in the crowd watching the pod race so they just kind of they just love him he's

SPEAKER_606: just there all the time i'm really worried about yeah that's kind of dope he was there in the original

SPEAKER_280: ones you know i love that uh people do that kind of i'm here for fan service i think it's kind of cool

SPEAKER_324: i'm actually interested in seeing what else you got for us willow willow i i enjoyed i would say check it out there's one that i i very highly recommend that is now on vod that i think everybody kind of missed when it was in theaters it is a documentary profile of david bowie called moon age daydream by a guy named brett morgan who did he did a really great documentary profile of kurt cobain called montage of heck a few years ago so this is sort of similar where it's not it's not really taking you through like the life and career it's not doing behind the music so like and then he probably then he moved to berlin and released this album it's just footage of bowie and concert footage

SPEAKER_368: and clips from interviews and like all kind of a collage just sort of put together so by the end you

SPEAKER_324: get this sort of sweeping view of the whole career but it's not like watching a regular documentary it's more like watching a concert film a david bowie movie uh it was tremendous i thought it was

SPEAKER_462: really great if you haven't seen it the man who fell to earth 1976 really interesting david bowie

SPEAKER_546: science fiction film i love that i did enjoy that where he plays the man who fell to earth he's like

SPEAKER_324: an alien who go who comes to earth and he's got a mission but he just gets like earth is so distracting and so he he ends up because he can you know he could sell space technology to make money so he comes like a very wealthy man and he just gets into drinking and drugs and he starts dating and he just becomes human and gets distracted by the end it's like oh wait i was here to like we need water like he almost

SPEAKER_00: like forgets why he originally came it's it's also in the film august a 2008 american drama by austin chick um which i have a cameo in if you haven't seen so two of my uh film cameos uh one august 2008 the other one center of the world me and the world yeah august uh myself round ball in that one and josh

SPEAKER_05: hartnett uh who should have played superman at some point but he turned it down i believe me and josh

SPEAKER_00: hartnett funny story from the set molly i'm in makeup with josh hartnett and uh my stunningly beautiful wife who's stunning uh who's going in comes into the trailer and i'm i'm getting my makeup done on the

SPEAKER_68: other side of the trailer i look over and he is chatting up my wife and i look over i go oh

SPEAKER_627: he looks at me he goes i don't know i'm just talking to her i did it

SPEAKER_628: uh but shout out to my guy josh hartnett and austin chick for putting me in that film

SPEAKER_24: uh great great director austin chick yeah so my two little maybe maybe at some point my crack production

SPEAKER_351: team will clip my two moments uh from yeah the center of the world i tell peter sarsgaard i can

SPEAKER_462: replace him as cto uh great great when i'm playing basketball it's a little ad-libbed you know me yeah

SPEAKER_634: i don't think the basketball clip is uh i don't know that we could show that me and wayne wang

SPEAKER_351: uh yeah but i do say some choice words they're a little explicit it's a little explicit it wasn't

SPEAKER_91: it was an nc-17 film uh i'm not nc-17 in it i know it was unrated i think yes i believe they

SPEAKER_24: released it unrated yeah unrated uh center of the world but anyway he was also you know by the way

SPEAKER_01: he was in basquiat as well right uh no david bowie yes also we keep leaving we keep leaving out

SPEAKER_639: labyrinth which is come on the most iconic role yeah it wasn't about merry christmas mr lawrence

SPEAKER_00: i believe is the other one but they never made a bowie film about his life right there's no bowie

SPEAKER_324: documentary todd haynes did that one velvet gold mine that's not it's it he changed all the names so it's not explicitly like this is about iggy pop and david bowie but it is a it it is basically about all those guys so there have been that kind of stuff but no i don't think anybody's ever made

SPEAKER_410: like a straight up who would you get how do you do who do you get to play david you got to do a david

SPEAKER_00: bowie one the problem is it's the same problem as the freddie mercury one yeah the estate if you're going to do a film like this you need permission for the music or else it's hard to do the film like what's the point of doing the david bowie film if you can't have if you can't sing yeah he's got to do life on mars at some point right same thing happened with uh sasha baron cohen was going to play freddie mercury and they were like yeah the estate was like maybe less gay sex

SPEAKER_280: and drug use and sasha baron cohen was like no i want to play it like really you get the real freddie

SPEAKER_324: mercury you could tell the movie was a little compromised there's a scene in it where freddie mercury is having this like wild party and all the other members of queen are like we got to go home to our wives this is crazy we can't be around all these drugs and gay people that's because that's what you get when brian may produces the queen movie wow yeah i don't approve of this i'm going home

SPEAKER_03: this is happening somebody should make those films molly the sinead o'connor documentary weirdly like i okay my son and i have been listening to like morning radio on the way to school and i heard on morning radio which is totally geared toward gen xers that there's a sinead o'connor documentary

SPEAKER_567: called nothing compares yeah i've watched it's on showtime it's really good the prince estate would not let them use the song and of course i mean that can't like yes he wrote it compares to

SPEAKER_03: you but they can't play the song nothing compares to you which is like the the song i mean that was an iconic remake that is really like her big hit yeah you could tell in the princess state was like no

SPEAKER_668: because i guess they had to talk around it a lot you know they could show they could show like

SPEAKER_370: footage from the the music video but can't play the audio you know i guess she had been a little

SPEAKER_03: dismissive or i mean you know because she's tore up the prince they're the pope picture like she's a provocateur and apparently had provoked the prince estate and so they were like you can't use that song anyway just another example of like how hard these music documentaries can be for various reasons

SPEAKER_24: because it's going to get worse with all the pin hindsight yeah her ripping up the pope picture on saturnite live yeah uh she was exactly right shortly after that iconic moment the movie is

SPEAKER_539: really about this about how like today really yeah the movie is about like yeah like this ruined her

SPEAKER_324: career and sort of and it really shows how both sides of the aisle at the time piled on like even liberals and democrats were like no you shouldn't attack the pope i'm offended you know like everybody crazy yeah she got sort of railroaded out of the industry and then they're looking at like today she was trying to draw attention to this situation that we're all very concerned about today that everybody was ignoring and it does look at like well you know like she was actually just

SPEAKER_546: very ahead of her time yeah she pointed out the child sex scandals that spotlight eventually uh

SPEAKER_24: featured in their film uh the boston globe's investigative unit getting i believe a pulitzer yeah uh for she should have gotten that pulitzer i mean in a way you know that's the thing you know

SPEAKER_680: she was so ahead of her time pointing out yeah the hypocrisy of the church and what they were doing

SPEAKER_00: and she was irish and i you know i i used to run into shanaid o'connor at a um a little cafe a tea house on saint mark's place in new york in the 90s called uh shanae uh not shanae but it was a place called shanae it was maybe 15 seats and one time where they're having tea and we open all night and the house singer who would sing there four nights a week uh was uh this really amazing um folk singer with the sweetest voice you ever heard uh named jeff buckley and so we would hear jeff buckley playing and he would do cover songs he had some of his originals we do a lot of cover songs and he did a cover song uh by leonard cohen uh that became quite famous and uh shanae o'connor would be there sometimes uh working in the kitchen hanging out with the owner and i kid you not shanae o'connor brought scones

SPEAKER_68: and tea to our table while we're watching jeff buckley and if you do a search for jeff buckley shanae live at

SPEAKER_00: shanae you will find the columbia records release and see if my producers are moving faster here of uh his five song what do they used to call those eps or something when they would do four songs

SPEAKER_91: ep would be live action a sin dash e i believe is how they would spell it and if my producers are hopefully moving quickly here they'll find the live at shanae cd which i have a copy of um or i did somewhere in storage uh but live at shanae um he used to play and there he is in this like what was a five or six seat uh thing and if you want to talk about big 90s this is why i always tell you gen x is the greatest generation and new york in the 90s was cool af can you imagine shanae o'connor bringing your

SPEAKER_691: two that's just insane well jeff right she would have already been recording 80s early 90s 88 to 93.

SPEAKER_414: yeah yeah exactly like this is 88 89 stuff because by the early 90s she was already you know becoming

SPEAKER_91: shanae o'connor yeah there is the jeff buckley live at shanae i don't know what year that came out but that is the and that's shanae that is the actual cafe it's actually you can see it there yeah of how small this place was and man that is so cool this was of course thunder cohen's hallelujah before it

SPEAKER_705: became before shrek made it a global phenomenon and you see their version of so crazy from shrek this is literally my view if you look at the if you zoom in on that picture and you see jeff buckley there you see on the right the kitchen this tiny little kitchen on the right with the little pastry counter we would go there because it was super cheap and you see those tables and how close you would be to jeff buckley

SPEAKER_368: um and you can go find this place it's such a 90s design touch too to have the coffee ring on the

SPEAKER_612: tight you know like that really 90s aesthetic is so like immediately you know when this was produced

SPEAKER_648: like the no other era incredible mojo pin yeah that was one of the songs uh jeff buck

SPEAKER_712: watched that documentary this weekend i i have officially made this recommendation the shane

SPEAKER_324: yeah i if you are interested in you know sort of 90s music and also just how much the media has changed and also not changed i mean it's fascinating there was like that britney spears documentary that new york times did for hulu last year that was sort of similar where it's just just to go back and see how the media was talking about it back then compared to today is just fascinating to like

SPEAKER_03: look at it side by side amazing we've come full circle all the way back to deal book all the way back to the media such choosing its own agenda for all of us lon thanks thank you so much lon what a

SPEAKER_00: great job producers on the show today very tight very tight show uh you can follow on twitter.com

Chamath Palihapitiya: slash lon's and here's what i want you to do just at lon's i like uh maple scones uh i enjoy uh wearing danner boots and i enjoy uh i don't know what those are just boots i don't know boot pants danner leather boots and a maple scone fancy fancy leather lon would say well here's a movie recommendation or tv

SPEAKER_528: record i'm trying people have been contacting me and i do my best he's like yeah but stop give him

Chamath Palihapitiya: like three random things if you give him a movie that's easy but i suggest a song is a tv new york jeff buckley give me a movie you know it's like yeah there you go or uh amazing track is like

SPEAKER_03: shrek is the demolition man of the of our of the new genre i always think i say and have been saying for years that demolition man is actually the most like predictive prescient tech movie that's ever been made full stop like if you watch demolition man today you'll be like oh my god they nailed it they

SPEAKER_154: saw it all coming and you should do that weirdly is that exact cultural touch point we should rip off

SPEAKER_00: that uh what what is the watch party that bill simmons does he does like some oh re-watchables yeah he does the re-watchables that would be fun for us to do a sci-fi film and just like

SPEAKER_187: pull out our best moments from it and do like a little round table all right listen get out of here

SPEAKER_00: one okay yeah we got to go we got to get out of here we got to go all right molly great job on the

SPEAKER_552: show uh this is thursday tomorrow is friday then there's a sunday and there's a sunday we got it's

SPEAKER_739: all happening people happening so we'll get through the pace does not slow does not slow it's not slow

SPEAKER_450: happy december everyone oh god is it december bust open your costco wine advent calendars it's time

SPEAKER_03: what what did you wait costco what do you not know about the costco wine advent calendar it is a half bottle of wine for every day of december i urge you don't do what i did the first time my sister-in-law got me this like two or three years ago and attempt to drink the half bottle of wine every night because actually this thing can last you the whole year but it is now an annual tradition the costco wine advent calendar this thing is the best wait a second it's getting started

SPEAKER_16: bottles 24 bottles california only it's a wine adventure it's a wine adventure and it's labeled

SPEAKER_03: so you can so you can if there are more than one person in your household for example you can just have you know because it's a it's a half bottle so it's two and a half glasses so if you're the person who has wine with dinner every night or whatever then you have your little advent calendar but it's so cute it ends with champagne and it's it's like from all over the world there will be like portuguese

SPEAKER_480: ones and oh oh no it's a thing it's delightful i gotta go pick mine up for my sister-in-law tonight

Chamath Palihapitiya: i you know now i understand why that stunning blonde from that viral clip was so impressed with the wine

SPEAKER_00: with the costco card that guy uh that hunky guy was macking on her i don't know if you remember that yes it's because of deals like this at costco because freaking costco is amazing i went to a costco once in 1990 maybe when it opened in brooklyn i have not been to a costco since is there a car there are costcos in the bay area i assume yeah honey there are how does it work you

SPEAKER_754: drive your car there and stuff and then you show them your card and then you go in and it's a magical

SPEAKER_03: wonderland of things that you need and you go up and down every aisle and then you get little snack and you buy the best steaks you will get outside of your like super fancy i mean costco steaks are amazing the wine is incredible the kirkland branded wine is incredible huh all right now i know what to

SPEAKER_638: get your mouth i'm gonna bring chamath as a goof the kirkland brand wine it'll be hilarious i'll just

SPEAKER_296: take it one time please do it sorry one time i was at sax's place one time he went to it they gave chamath a glass of wine and he looked at the bottle and it was so like subpar he was a little bit drunk he literally took the last two ounces of the wine he said this is terrible and he poured it out on the marble floor of sax's house and he just dumped it out he was like i'm insulted by this he just dumped it on the floor the last ounce it was the funniest shtick ever i don't even know how

SPEAKER_764: to feel about that except we're taping all in tomorrow so yeah get him a kirkland bottle of wine

SPEAKER_51: i beg you and then just decant it decant it and give him a glass and just see what happens see what happens all right we'll see everybody next time bye bye bye