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Business Pants Mar 17, 2026

NUGGS: Travis Kalanick is back, Peter Thiel takes back, airlines buyback, Starbucks union fights back

Discussed in this episode

Show Notes

DR1 In our 'Asshole is selfish' headline of the week. Billionaire Uber co-founder Travis Kalanick admits strategically moving to Texas before California wealth tax *************** Kalanick was caught on camera in a heated argument with an Uber driver, who complained about falling fares and the company’s treatment of drivers: "Some people don't like to take responsibility for their own sh*t" In our 'Top snarky podcast hosts plead with airline companies to stop the share buyback bullshit and pay airport workers. ‘Once again, air travel CEOs are bullshit artists’' headline of the week. Top airline CEOs plead with Congress to restore DHS funding and pay airport workers. ‘Once again, air travel is the political football’ *************** Between June 1, 2025, and March 16, 2026: Southwest repurchased $2.6B in 2005; $400M in 2026 United $1.5B 5 NEOs: $91 million in 2025 Scott Kirby $34M; $97M in shares Delta focused on $4.8B debt reduction Frontline Transportation Security Officers (TSOs, Airport Screeners): 50,000 $328M per month In our 'Pervy owner does pervy stuff and everybody is fake shocked.' headline of the week. It Was Going to Be Magic City Night at the Atlanta Hawks. Then the Outrage Poured In. *************** Tony Ressler founded the private equity firm Apollo Global Management with Leon Black. An independent review revealed that Leon Black paid Jeffrey Epstein $158M for financial and tax-planning services between 2012 and 2017. These payments occurred after Epstein's 2008 conviction for soliciting an underage girl. Ressler is the brother-in-law of Leon Black (Black is married to Ressler's sister, Debra) In our 'College dropout techbro ignores actual experts, part 17 million ' headline of the week. OpenAI’s own mental health experts unanimously opposed “naughty” ChatGPT launch *************** The probably might be too many women and not enough Stanford? The council consists of the following eight independent experts: David Bickham, Ph.D. – Research Director at the Digital Wellness Lab at Boston Children’s Hospital and Assistant Professor at Harvard Medical School Mathilde Cerioli, Ph.D. – Chief Scientific Officer at everyone.AI and researcher in cognitive neuroscience and psychology Munmun De Choudhury, Ph.D. – Professor of Interactive Computing at Georgia Tech, specializing in how technology shapes mental health Tracy Dennis-Tiwary, Ph.D. – Professor of Psychology at Hunter College and co-founder/CSO of Arcade Therapeutics Sara Johansen, M.D. – Clinical Assistant Professor at Stanford University and founder of Stanford ’s Digital Mental Health Clinic David Mohr, Ph.D. – Professor at Northwestern University and Director of the Center for Behavioral Intervention Technologies Andrew K. Przybylski, Ph.D. – Professor of Human Behavior and Technology at the University of Oxford Robert K. Ross, M.D. – Former President and CEO of The California Endowment and a national leader in public health. In addition to the council's pushback, Ryan Beiermeister, OpenAI’s head of product policy, was reportedly fired in January 2026 after being an outspoken internal critic of the erotica rollout. OpenAI has denied her dismissal was related to her opposition, citing separate workplace allegations that Beiermeister has called "absolutely false." In our 'Petulant manchild with no regulatory or societal guardrails screws up again and bails himself out with shareholder money from a different company' headline of the week. Elon Musk admits xAI ‘wasn’t built right’ as only 2 co-founders remain and its biggest AI bet stalls out *************** The people leaving xAI right now aren't "legacy" employees—they are the hand-picked superstars Musk himself recruited in 2023 to build his AI dream. Out of the 12 original co-founders, 10 are gone. This isn't just "trimming the fat"; it’s the original architects of the company walking out the door. In early 2026, Tesla (a public company) invested $2B into xAI. Tesla shareholders are furious, arguing that Musk used their money to fund a "broken" startup, then tucked it away inside his private SpaceX empire where there is less public oversight. Total Headcount Before Buyout: Approximately 7,500 to 8,000 employees. In his first week, Musk fired roughly 50% of the staff (about 3,700 people) overnight. Shortly after, he issued his famous "extremely hardcore" memo. When hundreds of employees refused to sign it and resigned instead, the headcount plummeted further. By April 2023, Musk confirmed in a BBC interview that the workforce had been slashed by 80%, leaving only about 1,500 employees. MM1 In our 'The world's most stable billionaire announces a billionaire to all other billionaires ratio of 693:1' headline of the week. Elon Musk Is Now Worth More Than Bottom 693 Billionaires Combined In our 'In news celebrated worldwide, older women announce a "please save us from tech bros" to asshole ratio of 64:1 Elon Musk' headline of the week. Older women set to inherit most of $54 trillion in ‘great wealth transfer’ to widowed spouses In our 'Asshole wants you to know he is still here' headline of the week. ‘I never left': Travis Kalanick launches new robotics company Atoms with manifesto "At Atoms we make gainfully employed robots — specialized robots with productive jobs that bring abundance to their owners and society at large," In our 'Company founder announces major "stealth mode" company perk is stealthy sexual harassment' headline of the week. Travis Kalanick sees benefits of being in stealth mode for 8 years. ‘You build a culture of people that want to build and do not need to be famous’ In our 'Christmas, St. Patrick, Mel Gibson, and Casper the Friendly Ghost have reportedly filed complaints with the EEOC' headline of the week. Nike and Coca-Cola cases point to the next DEI fight: who gets to claim discrimination DR2 In our 'Sheryl Sandberg says "If I could have worked at Facebook things would have turned out differently."' headline of the week. Sheryl Sandberg says Silicon Valley’s hypermasculine rhetoric is ‘terrible’—contributing to ‘one of the worst’ corporate climates she’s ever seen *************** In our 'Explosive Messages Show Live Nation Thinks Customers Are ‘Stupid’; board member Richard Grenell Demands Credit for Same Observation' headline of the week. Live Nation Directors Mocked Customers in Explosive Just-Released Messages, Saying They’re “Stupid” for Allowing Themselves to Be Gouged *************** "Yes, I cut the DEI bullshit." — In a leaked 2025 email Grenell justified dismantling diversity programs by labeling them "woke" initiatives that "haven't made money." appointed to the Live Nation board on May 19, 2025, but was not up for the vote at the AGM on June 12, 2025 In our 'Gun manufacturers say, "Oh no, it's not the gun that kills people, it's the pesky bullets."' headline of the week. She spent 16 hours on Instagram in a day. It's up to a jury to decide if Meta is to blame *************** In our 'She responded to "O" with "K," she said "J' to "D," and she responded to "F" with a simple "U"' headline of the week. Mary Barra still responds to ‘every single letter’ she gets by hand despite running $65 billion automaker General Motors *************** She did not say "V" to "E" In our 'OpenAI Chairman Admits It’s Painful Watching AI Replace His Coding, Less So Watching It Accelerate the Collapse of Global Democracy' headline of the week. OpenAI Chairman says it's 'hard, emotionally' to let AI write his code: 'I have a hard time not caring' *************** MM2 In our 'Proposals include a reduction in the CEO pay ratio from 1800:1 to 1799:1, for my boss to stop calling me Carl when my name is Todd, having a job, and not to have to take out my nose ring I got in 1998' headline of the week. Starbucks union sent the company a proposed contract. Here's what baristas want Protections for union baristas against discrimination, unjust firings and temporary or permanent store closures. Starting wage floor of $17 per hour, down from its prior proposal of $20 an hour but still above the company’s current starting wage of $15.25 to $16 an hour in 43 states. Annual raises of 4%. A process for baristas, management and union representatives to resolve workforce grievances. A dress code endorsed by the union. Requirement for at least three workers on the floor at all times and enforceable staffing and safety protections. A mandate to offer open hours to existing employees before hiring new baristas. Resolution of hundreds of outstanding unfair labor practice charges. In our 'But Sam Altman is SORRY' headline of the week. Professors Say AI Is Destroying Their Students’ Ability to Think In our 'Don't be fooled, I'm actually a MAN' headline of the week. CoStar Group Appoints Nana Banerjee to Its Board of Directors I pulled every Trade Wire story with a director appointment - 69 in the last week, all press released, some private some public - and here's the count: 60 men added to boards, 9 women added, 1 woman left In our 'Building on Warren Buffet's innovative "Giving Pledge", billionaire creates the rival "Taking Pledge"' headline of the week. Peter Thiel is actively convincing billionaires to abandon The Giving Pledge — and it’s working In our 'When asked for comment, ISS asked if Nelson Peltz was involved.' headline of the week. The Coca-Cola Company Announces Maria Elena Lagomasino Will Conclude Her Service on the Board of Directors

Transcript

Live from the frosty tip of us. Oh, of a CII blueberry muffin look at though. Delicious. Did you eat any of the muffins or ice know? Are you eat like, one of their Egg McMuffins or something, didn't you? Yeah, it was something. Yeah, it's an all-new terrific. Tuesday edition of business, Spanish, joined by analysts Hall. Matt mascardi now. Someone in the audience to see, I wanted to ask what, what the hell is an analyst hole, but the question didn't get through. It was censored, it was sentenced, which part is gross? The analyst part know, it's definitely the hole on today's stakeholder acupuncture session that nobody asked for called March 17th 2026, Biz nuggets. What clapping of one person? Our show today is being sponsored by free-float analytics and free float, analytics.com. The only platform measuring board power connection to Performance for free. That's terrible. Business strategy. I've talked to the owners. They're even Google has ads. I know we're just we're just running things for free. Yeah, everything's free. Yeah. Are you ready for some Biz nuggets? I know you have places to go. You're busy boy today. Come on. I was busy than you are. You're the busy boy. But yeah, let's do it. You want to pretend to like have fun? Want to pretend to Try to make someone laugh. I would like to find humor. In some of the most heinous people and or things we can. Well, I'm looking at my first joke and the first word of my first joke is asshole. All right, good. And I'm not even the one to swears that's you. All right, let's go. in our, Asshole. Is selfish. Headline of the week. billionaire Uber co-founder, Travis kalanick, admits Strategically moving to Texas before California wealth tax. Yay. All right, you know. I was doing some research on him. He is the easiest former CEO to find controversies on. This guy is a real Dirtbag and the one I picked for this. The demonstrate this headline. Was that do you remember that? He was caught on camera. As the CEO of uber, when the Uber driver was telling him about, you know, he was talking about the falling fairs and the company's treatment of drivers, the CEO said to the driver. Some people don't like to take responsibility for their own shit. Yeah, he did say that and he said to one of his atom and was angry, and yeah. Now, he's just like happily evading taxes. Well, apparently too, like, in the meeting in which the Uber staff was trying to like talk to him about containing this problem. Yeah, he screamed at the heads of communications who were like, what, like we're trying to figure out a strategy to do, they'll be women yet, two women and he said basically like you guys are the incompetent failure, right? Like it was like he's a class act all the way around, let's move on in our Top snarky podcast hosts that us. I don't know. I'm reading the headline plead with airline companies to stop. The share buyback. Bulshit and pay airport workers. Headline of the week once again. Air travel CEOs are oh well completely fine. You got two headlines of the weeks. I don't know what I did here. I'll do it again in our once again, air travel CEOs are bulshit artist. Headliner of the week top Airline CEOs plea with Congress to restore DHS funding and pay airport workers what the quote is once again air travel is the political football and call, I don't know what the hell they're talking about. Yeah I did some quick math there. Okay, first of all, there are roughly 50,000 airport screeners working for the TSA that that salary and benefits is about 300 million dollars per month. Okay, let's start with that. And I think this shutdown is almost lasted a month, right? Yeah. Okay. Very quick cursory research. I didn't, I didn't go in an exhaustive search, very quick. Southwest repurchased, 2.6 billion dollars of its own shares last year and then 400 million already this year, United 1.5 billion. In fact, the top five NEOS named executive offers that, you know, I made about 100 million dollars last year. Scott, Kirby alone owns 100 million dollars in shares and got 35 million dollar pay. Now, let's not forget that when this shutdown ends, they're gonna get paid retroactively. Yes. So these stupid airline companies could actually just pay them and then say, to the government, pay us back over. Yeah, this I mean, they're I my mind this smoke coming out of my brain on it. This, they're not allowed to do this, this is not. They're not a lot to play too political theater here but everyone buys it because nobody looks into the details. Everybody look some people don't like to take responsibility for the wrong shit. This is crazy to me, just pay them. They're gonna get paid back, just pay them, all right? Oh, I'm gonna move on calm down an hour lines in one too. Yeah, I don't know what I did there in our Pervy owner, does pervy stuff and everybody is fake shocked headline of the week. It was going to be Magic City night at the Atlanta Hawks. Then the outrage poured in so okay, here's the background. The Atlanta, Hawks had a night. Honoring a local strip club. Yeah. Yeah. It's a kind of like a bobblehead thing but it was a strip club. Yeah. So they're started to be some pushback that I looked like, well, who exactly owns these Atlanta. Hawks, whose idea was it to have a night on her and a strip club at a game where, you know, you bring your family to the game, right? I mean that's the way. Sports works. It's a guy named Tony wrestler. He founded the private Equity Firm. Apollo Global Management. Oh, with Halo with Leon black Leone, black it turns out paid Jeffrey, Epstein up to 160 million dollars for financial planning. Many years after FC's 2008, conviction for soliciting underage girl. And let's and let's be clear. I'm not, let's not pretend that wrestler and black are intimately connected because Tony wrestler is the brother in law of Leon black because Leon block is married to his sister. Deborah. So these are the perks running just wanted to point some of the stuff. Well, again lost Lost in all of the stories about this is this pervy fact? Honestly, this seems like the quaintest thing that happened. Why can't they cover anything though? From like a detailed Beyond like like name. One human being who actually made the decision. Right? Do a thing. Yeah, let's just make fun of a strip club and then just like forget the story from there. All right. I'm a little heated up to, I don't know. Yeah, you're fired up. I gotta come down and our Call this what? This one will call them. Call me down. And our College, Dropout Tech, bro. Ignores actual experts part, 17 million, Headline of the week. Open ai's own mental health, experts unanimously, opposed naughty chat, GPT launch can you can we just dwell on the word unanimous? Okay. Does that happen anymore? First of all, who knew this? They have like their own counsel of like safety, experts. And these are. Yeah, he reported this. I didn't know reported this like Facebook board don't get their version of the Facebook Gaslight there. Like the overhead you don't listen. There should be a bylaw that says, look, I'm Sam Altman. I'm better than you. My it's only I matter. They try to fire me, I didn't pay attention, but if it's a unanimous vote, I'll go with that one. Not gonna happen. So the, the point, if you're asking what the point is, is to say that you have a Safety Council, not to do what the Safety Council suggests, well, thank God for Section 230 because this is the kind of thing where he should be held liable for everything that he rejected the expertise of his eight panel is eight member board. Now, let me tell you why he probably did turn down that their opinion because there's a little that, here's the problem with the board. For first of all, there's only one person from Stanford. That's not enough. What? And there's four women, it's half women. That's that's too much. That's too many women. They couldn't find anybody else from Stanford. I know just weird. Let's move on. Then I'll hand it off to you. In our petulant, man-child with no regulatory or societal guardrails screws up again and Bales himself out with shareholder money from a different company headlight of the week. Elon Musk admits. X AI wasn't built right? That's his quote. As only two co-founders remain. And its biggest AI bet stalls out. I'm gonna remind you the facts here. He took over Twitter. Yeah, I remember that the next day he had fired half of the staff. It's about four dozen people and then he like threatened them with like extremely hardcore memo. Remember like you got hardcore? Yeah, we're gonna go hard and then about a month later he had fired 80% of the employees. And then he brought on his 12 hand-picked, you know, studly Geniuses to help him rebuild it. Yeah, they do it shows. Yeah. Ten of those people were gone and now he's admitting that they they didn't build it. Right. And and the backdrop of this is that he made his other company. Tesla invest two billion dollars of shareholder money into xai because congratulations here. Older sucks. Yeah, you know what? You know, nobody covers the story with with accuracy. Yeah, Tesla might not have made that investment if not for the advice of Kimball musk. Yes. So and the very independent Robyn denholm, Who was made about 400 million show up in this story? How did they not? I mean what a bungling failure this is. I really never ends but give me a break here, I'm getting overheated. You want to take over I'll give you a few in our the world's most effect. I'm gonna just pick up where you left off in our the world's most stable billionaire, announces a billionaire to all other billionaires ratio of 693, to one headline of the week. I know this is going Elon Musk is now worth more than the bottom 693 billionaires combined. I mean, think about that. I think about how insane is that test test list sucks, XII sucks. Nothing. But actually his or any good. What he's good at. Like having a network. Peter telian evil friends. Who raise money for him? I was reminded yesterday. I know you probably remember this. I forgot this heater till he almost come from the exact same region of South Africa. Oh, really? The same party didn't know that. You know, that maybe that's a lie. I was told by that. By someone, maybe he was probably Gemini that's lying about them. Probably true. Yeah, keep going. All right. You know, I feel better now. yeah, this will make you feel slightly better in our In new celebrated worldwide older. Women announced. A please save us from Tech Bros to asshole ratio of 64 to 1. Whoa, here's the headline of the week. Here's headline. Older women set to inherit most of 54 trillion and great wealth. Transfer to widowed spouse, did you? Yeah, wrong. Did you screw up your 604 times? Elon, musk's. That's what I'm saying. Wouldn't be 504. Is it 504? No, no 64 because musk is worse, 899. Is there is that I always think that's a clickbaity those headlines. That's true. All women outlive their spouse's so much. Is that? Yeah, because they out there. All I'm saying is that pigs who eat processed cheese so like that average life expectancy of men is like 75 years old. In the average life expectancy of women is like 77 or something. So that he's got two year window or like a three-year. Don't matter rich without your to just have women have all the money like they need to. Like I'm hoping they're all like really like loosen and like on it and and they can basically get rid of all the billionaires, two years. They have all the money. They can invest in the crypto and like doge coins or whatever. Yeah, thank God. That's the, that's the best financial advice I've ever heard. All right, let's go back to something you mentioned at the top. Yeah. In our asshole wants you to know he is still here headline of the week. Quote, I never left Travis kalanick launches new robotics company. Atoms with Manifesto. Wait, did you copy my asshole? I did not. We both came to asshole. He gave us. He's such an asymmetric in our database for asshole Holiness here. That's wholly. Yeah, I we can add that flag. Here is a quote from the atoms website, the robotics company Adams, apparently it doesn't make humanoid robots. It's not like robots. Oh, walk around and like you know, change your light bulbs, it is like manufacturing robots. It's sort of like you know, I think they called them foundational robots or something. Here's what from the website, Adam, this is what this is what traveling Adams, right now, Ms. Yeah, atoms, this is what he wrote down just as hell at Adams we make gainfully employed robots. What's specialized robots with productive jobs that bring abundance to their Are owners and Society at large. So we're just like, destroying the working class. Is that what we're doing? What he basically said? I don't with that line on the website is very Star Wars fire. You and give that money to their owners. He says to their owners. This is dystopian vision of Star Wars, right where they have clone. Armies know, it isn't this the same to that? Because at least the Clone armies were actually human like oh it's worse than that? Because that's a movie. Matt, that's made up. hurry, my bad in our Company founder announces major stealth mode. Company perk is stealthy sexual harassment headline of the week? Travis kalanick. Oh Sees benefits of being in stealth mode for eight years quote, you build a culture of people that want to build and do not need to be famous. Oh, so he's just hiding. He's lurking and hiding and being a horrible crazy when he was at Uber. There are like, there are long. There's a book about this. He broke up, broke the laws, he broke regulations, he created a broken sexual harassment, that's right. Internal, the everything I was just the start of the, I mean, we you can't possibly document it here. He was so bad. That they got rid of the dual-class shares and they got rid of him and him, which never happens that never has happened in the history of ever. And, in fact in 2017, when he left, its it, suffice it to say, this wouldn't happen again, right? Like that guy would still IPO. Yeah. I mean, like that's who Elon Musk is yeah? Right. Is he allowed? Were there any actually like future facing penalties room? Is he allowed to IPO again, have a public company. Of course. Okay. He's so there's no dollars. What does he care? So, the real punishment was what he had to leave Uber, because he didn't like, they didn't take his shares away. They took like the more billions you would have had stayed over, okay. All right. I'm gonna do one more and then I'll hand it back to you. in our, Christmas. Saint, Patrick Mel, Gibson. Oh, and Casper. The Friendly Ghost. Have reportedly filed complaints with the EEOC headline of the week, okay? Nike and Coca-Cola cases point to the next Dei fight who gets to claim discrimination. So if so, you're singing, if I discriminate against Mel, Gibson for being a horrible, neo-Nazi, You're done. Yeah. So now what they're what we're basically finding is because the EEOC has been taken by Trump Toadies and like unqualified assholes who are out actually looking for white men who feel discriminated against at work. Now finally, Mel Gibson can file a discrimination claim against anybody who won't work with him? Finally. I mean, this is part of a broader plan. The I just wrote a report yesterday, the Erika Kirk, you know, the, the Widow of the, of the, the wonderfully horrible, Charlie, Brown terrible, terrible racist, saying to white men, he said, she said, quote, don't let anyone disenfranchise you because you are young, man, especially a young, white male, man. This is their, this is the whole Playbook. Yeah. I don't know, I'm sorry you very like it's very scary Mickey. Giggle with the next group this one might be. Yeah, I'm gonna try to do these with like a bit of fresh air. You know. Sheryl, Sandberg says, oh, if I could have worked at Facebook, things would have turned out differently. Headline of the week. Sheryl, Sandberg says, Silicon Valley's hyper. Masculine rhetoric is terrible. Contributing to one of the worst corporate climate she's ever seen. If only, if only she had the chance. I don't know if I Mean I got a giggle that one right? I mean, it's not her fault, it's but it's kind. It's, it's not not her fault. No, but like, it's sad because she was at Facebook, because she was basically, Zuckerberg's mom. And she did good job. Actually, he became much much worse after she left. Like, apparently, we're now seeing what Mark Zuckerberg is without Mom around, right? Like the real Mark Zuckerberg, because on her way out Zuckerberg was talking about how nice her skin was like, he was just fucking weirdo. He's so gross in our Explosive messages show. Live Nation thinks customers are stupid. Board member. Richard Grinnell demands credit for same observation headline of the week. Oh Live Nation. Director is Mark customers and explosive. Just released messages saying they're stupid for allowing themselves to be gouged. Now, this is Richard Grinnell board member at Live Nation. He's a trump Toady, he worked in the Trump Administration. He's the one who somehow took over the Kennedy art center and when asked just got fired. Yeah, yeah. Yes. Well, yeah, fires fired. I mean, you know, I don't know how it works. They closed the Kennedy Arts. Yeah, so he closed it. He closed it. But in response to a performer said, yes, I cut the Dei bulshit because they're woke and they don't make any money. But here's the thing I found yesterday and we've never, I've never seen this before. We have this new stat that we cover called, what's a cold, the circumventing Democracy. Where directors are appointed to the board, right after the annual meeting. Right? Right there by. Nobody says, by the next vote. Yeah, Richard Grinnell was appointed to the Live Nation board. I May 19th, the meeting was then on June 12th, but then he wasn't up for election, and it's not a classified board. Yeah, I don't understand that. I don't either Point somebody. I guess they had already printed out the problem. They were like. Yeah. And they're like, we can't go back to King, but this is the same concept, but just really way more creepy, right? This is this is so the, the statue we do the number of days since the AGM that the director was appointed. And we look at any director appointed inside of 30 days. After the AGM ends, I did not create a stat for negative 20. I didn't like how many days before the AGM, where they don't get elected. It's funny how this corporate governance World works. I remember Bob monks back in the day, giving us a you know, a speech, blah blah, blah blah saying basically. Like if you smell a rat, you know, like look at look for it and Elizabeth Warren, gave a speech to CII conference, she mentioned Live Nation. So I did, I started to do a bunch of research on Richard Grinnell because on the board, I wanted to put it into our, our live podcast. I didn't really get to it. But then I get to this like it's not a surprise to me that the guy I'm focusing on does this whole thing have to do stuff, right? in our, gun manufacturers say, oh no, it's not the gun that kills people. It's the pesky bullets. Headline of the week. She spent 16 hours on Instagram in a day, it's up to a jury decide. If meta is to blame, so they couldn't be an addiction there, right? It's no addiction. Well, look, if I'm honest. Yeah, a gun. That's not filled with bullets is say, what do you do? You throw the gun? It's heavy. I mean, like you, you could bruise yourself. So you are blaming the bullets too. It's obviously bullets. Now here's my my most conceptual, you get the bear with me on this one. I struggled with this one for a while. So help. So here we go. Ready, you just supposed to blame our writing staff. Take the credit. I don't I don't like to quit at the ring Stephanie because they're lazy. That's true. Yeah. No, you know in our She responded, you gotta stay really stay close to this one. Okay. Listening, she responded to. Oh, With k. Okay, okay. She said Jay to D. All right. DJ. Yeah, I I got it. You respect backwards though and she responded. She responded to F with a simple. You headline of the week. Mary Berra. Still responds to every single letter she gets by hand, despite running 65 dollar, 65 billion dollar automaker, General Motors every letter. Oh okay, no no, it's not ever. Yeah, every single letter single letter. That is the most hyper-focused. Yeah. And here's where the writing team started with this. Is that they wanted to do a joke about Evie Wright. Evie electric. Yeah, sure. Yeah. Because she abandoned the Volus stupidly abandoned EVS, so they could work at a joke. They said the band did the letter V. That's the other thing. Because because they thought, okay, okay. DJ and F you ever knows? But, you know, when you say EV people, I don't know. It didn't roll at the time. Yeah, that joke would have killed the Oscars. Yeah. But not the CII conference finally in my section in our Open AI chairman. Who is that? It's Brett. Taylor is it is there a chair Salesforce Brett Taylor, right? Yeah, yeah, sure. Open. AI chairman admits It's painful, watching AI, replace his coding. Less. So, watching it accelerate the collapse of global democracy. Headline of the week know, this is true. This is what he said. This is a real headline, open. AI chairman says, it's hard emotionally to let AI write his code. Quote, I have a hard time not caring. And this is, oh, is this headline ever? I don't even know. I mean, open AI right now is being sued for a mass shooting in Canada of all places, right? Because the girl who shot people, use Chachi PT to plan. The whole thing, it was flagged by open AI is a problem and open II decided not to report it to anybody and the chairman says but it is really upsetting for it to recode the code that I wrote, he's I don't know what's called, you know, I think that the I read an article recently, that suggested that, and I think it was anthropic Is that is that stereo Emoji? Yeah, Claude was is the only chat AI engine that actually helped to stop. Like yes, violent events. Some researchers found that when posing as a 13 year old only clawed of all of them. Yeah. Like deep seek. The Chinese one said, happy shooting right. Like Claude was the only one that refused to help and actually said you need to seek help, right? Like it, tried to curb the behavior. Just like if that person has said those thoughts to anyone in our culture they'd say, okay, we got to get you help. We gotta stop this. I mean, we hold, like, if they had said that to, like, if they went to your barbecue and somebody's like a shooting, a school, like you would be held liable for not having reported it. But it's weird about this shot is it. That's what's weird about the supposed like free speech absolutist tech broke culture is because yeah, if they had gone up to Elon Musk, Said, I'm gonna kill all your family or whatever. I'm gonna kill that schoolyard over there. He had reported it or maybe he would report. I don't even know what you want. Know you probably have him arrested and thrown in it, but if Rock listened to it, Rock would Shear it because that's manly. I guess I want to be clear the day that emoji fighted fought back against the Pentagon and chat GPT stepped in and signed a contract. With the Pentagon, he was like immediately. It was almost, it was immediately and the thing that claw they were refused and Tropic refused to do was allow their AI to be used for lethal decision-making. So you're going to kill somebody. You can't you do it autonomous drones and NBC News. Already had a report that suggesting that is it's highly likely. That the reason why we bombed the Iranian school on the first day of the war, was a Miss fire from the AI. Creating targets so already which if anyone who's used AI would believe in a second. Alright, misfires, everything, it doesn't say anything that's really and the second thing they wouldn't do, was it was the other thing they wouldn't do. It was it was they what? They won't kill anybody? Oh, they and it won't wash, windows know. It wouldn't be used for like it was like the most two most reasonable things possible. Now I'm playing on the second one but it's like you can't kill anybody with it and you always like that kind of Master valence. That's what it was Master of valence. That's already happened the minute they that happened. Free flow can't cancel its Chachi PT subscription entirely mine, does he anymore? I stopped using gemiini which they Force Gemini on you because we're on Google products, but I stopped using gemiini entirely. I don't touch it anymore. I only use Claude clubs and asshole too. But I'm only using that I still shopping, the max Enterprise Value because I'm more than happy to pay them to not to at least moderately curb, the death of society, but you still get all your groceries at Target. Stop & Shop, only Stop and Shop. And let's finish this out in our Proposals include. A reduction and CEO pay ratio from 1800, to 1 to 1799 to 1. I wish that was a proposal. Yeah, for my boss to stop calling me. Carl when my name is Todd, Having a job and not to have to take out my nose ring that I got in 1998 headline of the week. Starbucks Union sent the company a proposed contracts, here's what the Baristas want, they don't seem to is not so greedy what they want but here's what they wanted, they wanted. Protection. Just firing. Okay, that's seems normal. I mean, I think that's already be a thing, but yeah, what do we, what? Like they they actually reduced their wage floor to Seventeen dollars an hour from a prior proposal of twenty dollars. That that's upsetting to me. But, you know, I guess you got to do. So they want one dollar more. An hour than the current wage that in a number of states, which means that probably in most US cities, they won't be able to even live where they're serving coffee. But yeah, they want annual raises a 4%, which is just like what Barry beats inflation. They want to process for Baristas management and Union representatives to resolve Workforce grievances. Okay? That's very normal. Can you stop calling me? Carl. My name is Todd. Can I have a hotline where I can call sure they want a dress code endorsed by the union, okay? They just want to say and like like we don't have to shave. My head that they're a part of the decision making process. Sure. A requirement for at least, three workers on the floor at all times and enforceable Staffing and safety protection. Well that yes and since a lot of these are located in big cities, I would think that that's a very normal at. That's pretty normal a mandate to offer open hours to existing Employees before hiring new Baristas, as in, we need hours. Filled can you offer family? Well here before you go get on another person and a resolution of hundreds of outstanding, unfair, Labor, practice changes charges. That's probably where Brian Nichol will be like, oh, no, we're not. We're not doing that there are outstanding. Charges against the company. Yeah they don't all just all those. This is that was the list. This is crazy. How was Brian Nicole in the board? Not. Well the board is Brian nickel. How he's the chair and see. How is he not already taking this as a yes for the win? That's immediate? Yeah, you could Market this as a huge win a huge win, right? Not only could he marketed as a huge win but like he could go around talking about how Starbucks has the one, you know, as developing at the closest relationship with the Union of any, you know, restaurant chain. It's far ahead of its competitors. It treats his people, with respect, we can we call them partners for a reason? You can see how this whole thing actually works out. But what is he doing? In Stead. I mean these fighting to give you to give you like a little, the fucking committee that's supposed to deal with this on the board. A bit of context here. I live in a like a Shabby State, a poor state in a lame, dirty City and our minimum wage by 2028 is going to be 19 dollars so that they're not even asking for. I mean they're asking for like Subaru, minimum wage less than the minimum wage to two years from now. It's currently 1675. It's gonna go up a dollar. Yeah. I mean you know, I mean who doesn't? You know you got your paying that anyway, for fuck's sake. What the hell are you doing? All right, come on. Stop the ranting. Come on, come on. In our But Sam Altman is sorry, headline of the week. Professors say, AI is destroying their students ability to think. Well is he sorry, though? I think you took some Liberties that he's sorry, he admits that it could is concerning. Yeah, it's sorry. I should have that the writers. I gotta fire that right or you admit that beat the model did not predict that. in our, Don't be fooled. I'm actually a man, headline of the week. I like this one co-star group of points, Nana Banerjee to its board of directors, Nana Nana. Now, that's not the joke because the jokes on on us. I pulled every trade wire story. So, Damien pulls stories, 10,000 story. Just, I think it's like 3,000, we actually land on but looks at 10,000 Stories, a month. In fact, so many that, I don't even want to go on vacation anymore, because when I come back, they're too many so much stories, but he pulls these stories and he tags them and he gives them categories. And one of the categories that we track is called trade wire. And that's when board members coming, go and see EOS so much and people are moving all over the place. All the time, I pulled just the last week, there were 69 stories in the last week, press release for directors, just directors know, CEOs, no, cfo's directors stories in the last week, there were 6 Releases, some of these are public companies. Some of them aren't I counted. Out of the 69 press releases. 60 men were added to boards. Nine women were added to boards and one woman left aboard. Wow, that's not good. That was the last week. So don't be fooled. Nana is a man. He's in the Man category. Yeah, he's actually, the former CEO McGraw-Hill education. I didn't know that this, I just want to, I don't want you to be fooled and I was a weird one was. Come on, keep going in our building on Warren Buffett's. Innovative giving pledge billionaire, creates the Rival, taking pledge headline of the week. Yeah, Peter Thiel is actively convincing billionaires to abandon the giving pledge and it's working. Oh God. Is that true? He's actually doing that. He's going around to the people. What are you doing? Stop giving your money. I mean, the fun twist to society, you know, isn't he like he's currently like near the Vatican City? Like giving talks about the Antichrist and he's like yelling at the pope because the pope is too woke. Is there gonna be a big reveal in the next few years? We're Peter teal does actually out himself as Satan. Is that what's gonna happen? That would be a fun moment for our culture, wouldn't it? You know you know what? He's he's telling the billionaires he's telling him that the giving pledge organization is a quote Epstein adjacent. Fake Boomer Club. Yeah, well that's yeah we that's that's a lot of the world now. Yeah. Except that we don't usually expect it from the CEOs and major shareholders of our corporations. But yeah, I mean, he was complaining that in the first four or five years, a lot of people signed up and then it's lost energy since then. But the goal is to give the money away before you die. So you sign up and it's not like, oh, like I'm 45 years old, I've signed up to the giving pledge. Where's the energy supposed to come from? Like there's only a couple hundred billionaires on the planet. Yeah. you talking about, he's literally, The most evil. Human. Yeah, he's the Antichrist, isn't he? I mean, that's the irony of his weird speeches. All right, let's end this show because it's too long and I feel like we did, I feel like we missed some of the humor part of it? Well, let me see if I can get it back with this one. I can't and our when asked, for comment, I assess if Nelson Peltz was involved headline of the week, The Coca-Cola Company announces Maria Elena laga miseno will conclude her service on the board of directors. You ended on that one. I actually, I stared my, the writing team stared at that one for a while and they couldn't work or anything out on my end, but yours, you came through on that one. Yeah, I don't know if I came through. Came through the wrong word. I did look at it and say, well, that is this good for Disney, because she was on the board of Coca-Cola with another Disney. She's on the board of Disney and on the board of Coca-Cola, she's staying on the board of Disney she's leaving Coca-Cola, but also on the Disney board is another woman who's all on the Coca-Cola board. So they had an immediate conflict. She resolved the conflict by getting off of one of those boards and I was like how do I make that funny? And yeah it wasn't know what before we wrap up I want to make the here was the what I was thinking. This is from the guardian. The PayPal Mafia that you referred to including Elon Musk and Peter Thiel. The libertarian billionaires with roots in South Africa. So, Peter Thiel, a german-born billionaire. Educated and a South African City. In the 1970s, where Hitler was still openly venerated. Yeah, Which means worshiped. If you're a dumbass, The background. Let's end on that. Oh, that's hazelnut rallies Damien to his mom. I'm your analyst told, Matt mascardi where hole is the real adjective worth paying attention to? We are free float. It's our Biz nuggets show, we'll be back on Thursday. Hopefully, we're gonna be able to release the CII tapes from the, from the conference, come on, at least. So on the proxy Countdown, come on and Friday, will be back with a Friday, show to wrap the week, until then good.
Data as of Oct 14, 2026