Birdies, Breakdowns & the Battle for AI’s Future

And now, it's the Better with Bourbon Podcast, with Brad Martino and Deacon Palmer, fast thinking and smooth drinking.

The views and opinions shared on the Better with Bourbon Podcast are our own and those of our guests.

Nothing we discuss should be taken as financial, legal, business, or gambling advice.

Don't make investment, business, or betting decisions based on our conversations as you should always talk to a qualified professional.

Always drink responsibly, never drink and drive, and only consume alcohol if you are of legal drinking age.

That's all I can say.

Alright, well, welcome to the Better with Bourbon Podcast, where fast thinking, fast thinking, meets smooth drinking.

We're coming to you from the Better with Bourbon Media Studios here in Indiana, Pennsylvania, and it's March 4th today.

It is, isn't it?

Yeah, it is all day today, all day today.

Yeah, ooh, I just banged out equipment here.

What are you doing? What's going on in your life today?

Not much.

I wrote an article this morning, finished a book that I've been working on for the last few months on the governance.

So I'm happy to get that out hopefully tomorrow.

He's a task master every day, he's finishing something and something else.

What's the topic? Governance, AI governance?

Yeah, operational AI governance.

So now we're talking about how you embed it into operations so that these big fortune 500 companies aren't getting burnt.

Yeah, see these aren't just talking points. This is a lifestyle people.

And we take this so definitely serious.

Very seriously.

AI governance, how many, hey, let me ask you this, how many layers in your AI governance framework?

16.

16 layers, come on.

It's like a snow coat.

I used to work with like a 12 layer AI governance framework, but that's now, that's now a booty.

I'm throwing that one away now that we get this 16.

Now I just didn't get an attorney involved.

Yeah, exactly.

But, hey, congrats.

I read your piece on LinkedIn today, it was excellent.

I commented.

I saw that, thank you.

Did you think of my comment?

Did your comment make any sense?

Yeah, it made a lot of sense.

Okay, let me see, should we say it?

Does it even make...

What was it?

What was it?

Okay, so now that frontier models are kind of blase, and we're all talking about the new lightweight,

super kind of edge enabled, distilled models that are so much more flexible is like,

is that like now the distilled models are the edge and the old frontier models are like the cloud?

Like, is that what the frontier we've moved into, like frontier models are like...

I think we are.

I mean, the old school that they don't...

They're not even getting any play anymore.

I don't know if they're old school.

I think they just become very expensive and very complex.

So, unless you're doing complex research tasks or, you know, really in-depth research,

then that might make sense for a big company to invest in and take the risks that come along with it.

It's the smaller, you know, more flexible model that you can take offline.

So the cloud analogy totally works?

I think it works perfectly.

Yeah, right.

That's why I gave it a big heart this morning because I thought it was good.

That came straight out of my brain.

I know.

That wasn't even AI talking, was it?

Right.

Yeah, so, yeah, governance framework, lightweight models.

We're going to talk a little bit about some of these things today.

We're going to go into a really new, cool, agentic tool came out.

We're going to talk a little bit about it, not that it's groundbreaking,

but it's just evidence that more evidence that 2026 is the year of agentic deployment.

More partnership news.

We talked a little bit about OpenAI's Frontier program last week with the consulting firms.

They continued that this week with AWS.

We're going to talk a little bit about that.

We're going to talk a little bit about what else we're going to talk about.

We're going to fall up a little bit with Anthropic as to where that all ended after we left that off.

Yeah, right.

Talk a little bit of golf.

And golf, right?

But let's, you want to, let's talk first things first.

Yeah.

I want to talk penguins.

Second place in the Metro division.

Playing really good hockey.

In spite of the fact that Sid got whacked in the Olympics and is now out for a couple of weeks,

which just, I mean, green injury.

Isn't that like the, was it a groin injury?

Well, I thought it was some lower injury.

Yeah, I thought, yeah, the groin.

Yeah.

Might have been.

Leave it to the.

Yeah.

It wasn't the, I was going to say the Canadians, but it wasn't the Canadians.

He was flying for the Canadians.

Yeah.

Who was it like, check, check, hit them or something like that, right?

Check, check them.

He's pretty, I don't remember who it was.

He's pretty resilient though.

Yeah.

I mean, his legs are like tree trunks.

They are.

He's like a regular human being from like the way.

He and Crystal Tang are probably the, the most physically fit humans on the planet.

Yeah.

The Tangs a little bit of a hockey hero.

Mine got to be honest.

Yeah.

Yeah.

Yeah.

Anyway.

So, yeah, we're going to talk.

But tens, they, um, pens are on another little run.

We talk about, um, them kind of, um, overachieving this year.

Six, two and two over the last 10.

Yeah.

Um, they dumped their last game on, uh, what was it just on?

Was it, uh, was it Monday night?

It was, it was it last night?

Yeah.

One day a lot.

Yeah, two, but they came out hot, right?

Didn't they score it?

Didn't they score early?

Yeah.

The kid, the Kindle.

That's really what I wanted to talk about.

How about Ben Kindle?

Kids 18 years old?

I mean, we haven't had this much hockey excitement since, uh, well, I mean, now this isn't really fair.

Other cities, this is the fourth time we've had kind of this, this level of hockey excitement.

We had it with the big Canadian.

Then we had it when, uh, Yager showed up.

Then we had it when Sidney showed up.

I mean, it's boiled since 1988.

Yeah.

I mean, is this going to continue the, the streak?

I mean, is the kid that good?

He's 15 goals.

Uh, what is it?

15, like 14 assists, 13 assists, something like that.

For darn good.

Yeah.

I mean, 18 years old.

Yeah.

Could be.

I mean, he's smooth.

He's smooth as silk.

Okay.

You know, I was asking, I was asking the GPT like to, like, what's his game like?

Because other than seeing him score those couple of goals just recently.

I think he didn't pick up like, what's it?

Like seven, you know, seven points in the last seven games or something like this.

So he's on a bit of a tear.

Hmm.

I didn't really know much about him.

So I asked GPT.

They said they make football analogies for me because that's, you know, they know that's the way my monkey brain works.

Um, they said he plays, uh, center like a safety.

You're talking soccer now?

I'm not football.

No.

No.

Yeah.

No, like actual football.

Oh, yeah.

Yeah.

Yeah.

I was just, uh, Gemini about the show.

I finally and doing the show note.

I finally, you know, came out of the closet to Gemini and said, hey, I know I keep asking you about the moment.

Both of them.

I'm a urban podcast.

I'm actually one of the hosts.

And they're like, oh my gosh, this totally changes everything between us.

Like, I mean, it was so funny.

There was a hilarious.

I think you have a little bit too close relationship with GPT.

Yeah, then it started talking to me.

Is it really okay with this?

Yeah.

Right.

It started talking to me then.

And it would be like, and then you deacon Palmer as the co-host of the better with bourbon podcast.

Like it started wrecking speaking to me like it was a position that carried weight with it.

I think it does.

Yeah.

Yeah.

Anyway, so the, so the pens.

I'm down with the pencil though.

I want to say something really, um, kind of down about the pens.

Hey, um, I've noticed this over recent years.

What is it with the penguins losing in overtime?

Losing?

And I mean, have you noticed this?

Yeah.

I've, I've every game I watch.

It's fucking atrocious.

Yeah.

You started out and they're winning like five to two.

I watched the game earlier in this, this year they were up five to two and they lost in overtime.

Right.

Six to five.

I was like, what the hell happened?

Right.

Well, I think it's because they're so old.

They're old, right?

A bunch of old guys trying to have sex.

You know, just finish this quick.

Yeah, no stamina.

No.

Gotta, gotta get this game over quick.

That's right.

If we, if we could play two and a half periods of penguins to be in first place.

Yeah.

For sure.

Yeah, it's a damn shame.

So I went back and looked.

I mean, is there anybody worse, um, in overtime over the last five years turns out that, uh,

it's us and the flyers are really really at the bottom of it.

Well, I like to see the flyers in that category, but I hate to be in there with them.

That's a bad thing.

Yeah.

Well, what's it say about the state of Pennsylvania?

Thank you, Pennsylvania, for taking care.

Yeah.

That's right.

That's right.

Yeah, shout out.

No, but I guess it's, it's like a like a microcosm for our whole state.

We're, we're getting a little bit older, you know, we're not quite as, as, as quick as we used to be,

but we, we still got plenty of you proud of.

Yeah.

I think we do.

Yeah, you like that.

I do.

Okay.

That's awesome.

Okay.

So, um, I don't know.

You want to talk, uh, you want to talk about that you want to try this burn?

I do want to try the bourbon.

Yeah.

What have you been sipping it?

I haven't tried it yet.

What is it?

It's Benelope.

Tell us it.

It'll be architect, right?

That's right.

Let's say here on the same.

Let's give it a little, little swoosh.

Perry's in it.

Perry's been in it for like a half hour.

What do you think about it?

I think it's very good.

I had this recently.

So I was, did I have it at the Christmas party?

Oh, yeah.

We definitely.

I think it was delicious.

Very good.

Very good.

Full blue label.

This architect.

As soon as I saw the picture that Brad said, I was like, oh, that's a good one.

It's a little different.

So this one has a little bit of that French oak.

I guess to it.

Oh.

Yeah.

It's a little fancy, huh?

I got the French oak in there.

That's what I was thinking.

Okay.

So this is Benelope.

Okay.

The bottle is called architect.

It says straight bourbon whiskey finished with French oak.

Staves.

So when I read this, okay, and this is 104 proof, you know, 52.

Pretty smooth.

I said to myself when I read that, what the hell is a stave?

Yeah.

And why are we drinking stuff that has staves all over it?

You know what a stave is?

Yeah.

It's a single board.

That's right.

Yeah.

I had to look this up.

Okay.

So if you're going to have a barrel, right?

A barrel is made up of individual pieces of wood.

Typically, 31 to 33 individual pieces that are held together by those rings.

Those individual pieces are called staves.

Yeah.

And apparently these Penelope folks won't match staves to get particular characteristics

in their bottle, which is why they call this architect.

They're building it.

Well, they don't, they have like high technology that they're using to determine

which staves they're going to actually kind of put.

Yeah.

Right.

What it would say.

They do some sort of like science.

It's science.

It's a figure out and get it as close as to the same every time as possible.

Hence the architect name.

What do you think?

So other than the French oak that you, you know, you dropped on us there.

What do you got anything else in there?

Yeah.

A little caramel.

I got a little bit of that in there.

What's involved that bill for?

About $65.

It's funny.

You say caramel.

Yeah.

I got a little...

You're right on there.

Now, how would we rate this in terms of...

It just actually doesn't finish.

There's not a whole lot of finish.

You get some sweetness upfront.

You get a little bit of caramel and you got that right.

I definitely taste the staves.

The staves are good.

Yeah, we are.

I'm a big fan of the staves.

Nothing like that.

French board in your mouth.

But it does, it does kind of drop off.

There's some French wood.

Not much finish to it.

It's, it's, it's is, um,

imminently drinkable.

Now that this is watered, you could like...

It goes down pretty easy, right?

I mean, the barometer is probably going to get pretty empty here.

Yeah, I know.

We're going to go through this guy.

Not to mention that we got to mention we got some guests in the house today.

You know, so we have, we have three studio guests tonight.

We do, yeah.

The studio is pool tonight.

We're good friends.

We're inspiring.

We're inspiring guests and ourselves.

We got, Mr. Gretler in the house.

We got the Lockard family in the house.

Right.

You know, it's funny about, um,

it's great having the Lockards here because they drank a bunch of bourbon.

Yeah.

And, um, we know that.

Well, and they even know how to make bourbon.

That's, uh, even to the next level, right?

And Rodney is our bourbon overlord in the, uh, in the bourbon club.

Yeah.

We wouldn't have a bourbon club without him.

Yeah, we wouldn't have a bourbon club without him.

That's his idea.

Right.

Um, so this thing, um, this penalty stuff is, um, good.

It's drinkable.

We've had it at the bourbon club.

But, um, there's a notable thing.

They do these things where they, um, are doing, uh, what is it?

It's essentially runs or it's like, uh, there are like different runs with different

staves of, um, of wood.

So they're going to reuse them.

So if you don't like, uh, number four in a build, right?

And that's what they're calling these things build.

Um, keep buying.

Cause number five, six and seven will be different because they're trading out some of

those staves.

So I don't know.

But this is, uh, Penelope is, uh, is a New Jersey based company and they buy this stuff

and assemble it.

So this is, uh, this is kind of a financial buyer and a marketer instead of, uh, you know,

old school, uh, you know, Kentucky bourbon and family who's doing it that way.

But, um, it's very good though.

No problem with the, uh, with the finished product.

No.

No, it'll get it done if we drink it.

Every penelope.

Yeah, right.

It always works.

Yeah.

Right.

I used to know a girl named Penelope.

No way.

That bottle makes it through the episode.

No.

I don't think it's either.

Is it fine?

The fire is looking nice.

The fire is.

Yeah.

What do you think of the fire, buddy?

I think it looks perfect.

It was kind of wallowing along there and then, uh, got to admit, Deakin came along through

some wood on there and worked as magic and that's beautiful.

They eat my, is there in the house?

Yeah.

One in Eagle's.

You want to talk a little golf?

Yeah.

Let's do.

Um, you know, what was this?

What was the tour stop this week?

Um, this wasn't a big week.

It was the, um, what is it?

The cognizant open Palm Beach Gardens.

This is one of those like non signature events.

It's kind of one of those weeks that some of the top 10 players take off.

It was in between the, um, what was the big one two weeks ago that Tiger, um, Tiger

was hosting out in California.

Uh, Genesis.

Yeah.

Genesis.

Thank you.

And then, uh, Bay Hill is next week.

And we know that one's, uh, a ripper of a tour stop.

Now, both of those are signature events 20 million dollar per se is this, this guy

this week was, uh, what was it like nine and a half million dollar per.

So a lot of the big guys skipped it.

It was won by, um, a dude that is, uh, Colombian, I believe in his name's Niko.

Um, that's about as far into it as I got.

It came down to him and, uh, I think, uh, was it, uh, it was the Irishman that, uh, that

was coming.

Yeah, Shane Lowry.

Shane Lowry had, uh, yeah.

Yeah, yeah.

I mean, the lead coming into the last three holes and just fell apart like a, uh, and

Irishman at, uh, closing time, you know, that's right.

And, well, I mean, if you're Shane Lowry and you're playing an event like this, you

got to, you got to figure, you know, I got to take that one point, uh, what was, I think

it was like 1.74 million dollars, which is, what, I mean, what's this say about world

of golf or like sneezing at this, like, yeah, 1.74 million dollars and, yeah, it's not

even worth the trip, right?

I know exactly.

I know, um, four million last week, four million next week for the winners.

Yeah.

Yeah, but, but Nico came out with a great win and he's going to get some exemptions out

of it.

That's just third, that's his third win on tour.

Yeah.

About that.

I mean, yeah.

Anyway.

So, uh, is that together and so anthropic?

Yeah.

Oh, Dario.

I don't know.

Yeah.

I'll learn these days sooner or later.

That's right.

Um, but, uh, other than that, we had some, some other interesting golf news this week.

Um, and I'm going to see if I can get through this butcher in it, but long and short of

it is, um, the PGA tour has laid down rules and a, a method for, um, live golfers to come

back into the PGA fold should they so choose, um, and this is on the heels of live, announcing

a bunch of changes to their, um, their structure and kind of competitive nature.

They're moving through instead of, uh, three rounds, which is 54 holes, which is why they

call it the, what, what do they call it?

LIV, right?

That's 54.

Right.

They're going to, they're going to four rounds, 72 holes, just like the PGA.

And the explanation, um, I think everybody's accepting as real is this gets live players,

um, eligible for, um, uh, uh, world golf rankings, you know, you can't be eligible for

world golf rankings if you're not playing four rounds.

So what is live now and it's, it's 54 is supposed to be the number and now they're just

playing 72 anyway.

And it's just the PGA.

No.

Yeah.

The lame version of the PGA with a bunch of guys that you didn't really want to watch

on the PGA and the Saudi money is not really interesting anymore.

Just a bunch of filmmakers and couldn't really make it happen.

It's just not cool.

I mean, it's just, uh, it's golf with, uh, shorts and shitty music, right?

Just, uh, just a bunch of good golfers running around with that Saudi money.

I'm going to have to get time with it, you know, you know what?

I think you were, I know you're going to say this.

I'm going to steal it from you.

I think some of this is on the heels of, if you're going to play like non serious golf

for real, you're going to go do it with Tiger because Tiger's cooler than

Mikkelsen and live and there's not room for three golf leagues.

There's really only room for one and a half and Tiger's got that half locked up.

So if you went to PGA, you get to figure out a way.

I mean, like, does that really where we are?

The TGL term or, uh, league is, is, is catching fire at, you know,

they had a hole in one last night to on Tiger's team to the last shot to make the playoffs.

So now when he says TGL, what do you mean is Tiger Golf League?

Right, because that would be a, like, had I not known that I wouldn't know

what the hell you're talking about PGA Tiger.

It's indoor.

It's indoor.

It's kind of half, half real, half, you know, computerized and obviously a lot of fun.

But that's got, that's got some Rizzo.

I mean, that's, that, people, that's kind of fun.

Yeah, it is.

That is.

And, and obviously having Tiger in the house makes it fun.

So, and like us, they don't take themselves too seriously, which I think adds to the,

uh, the appeal.

I mean, right?

I mean, yeah, I'm going to go off script because, you know,

another guy that reminds me of Tiger Woods that is much like him is Michael Jordan.

He just won his third NASCAR race.

But he really, it's the first, first owner ever to win three NASCAR's out of the shoot.

What can he do?

Right.

I mean, I'll tell you, he wanted to drive the car, but they couldn't fit, so they couldn't

fold him in there.

Yeah, I know.

But you know what's funny, though, when you see Michael lately, he just looks bad.

He looks like he just, like he's drinking all day.

He likes the version.

He's drinking and drinks the cars all day.

They might get outside for, yeah, for 18 holes, but that's, I mean, just, but I guess,

you know, he's got to be in his 60s, you know, right?

So on your comparing him to when he, like, when he played basketball, he was, he was

like, Crystal Tang.

You know, of course.

Yeah.

Yeah.

I'm one of the finest.

Compared to that.

Yeah.

Yeah.

Four hundred percent.

Yeah, maybe it's unrealistic, too.

He's to go.

He's going to be that way forever, right?

He's to go.

I'll say the controversial thing.

He is, he is the greatest.

I don't think so.

I don't think so.

Well, see, he wouldn't be like our other favorite 60-year-old.

He'd be like, I'm just getting warmed up.

That's right.

Yeah.

I'm just getting started.

I'm just getting started.

Right.

Anyway.

He's six days younger than you are.

Is that right?

Okay.

So we don't have to say the number out loud.

But it's way younger than we all thought, I think, is he?

That's right.

But winners, breed winners.

That was your point with the NASCAR.

It is.

Winners breed winners.

It is.

I mean, you know, the, the, the, when, I mean, you think about all the experts that have been

in there, the Penskees and all them, you know, all the years, right?

Jeff Gordon's all the, all the, all the long history of tradition are racing.

Dick trickle.

Right?

Yeah.

And nobody has won three of the first races.

That's amazing.

I mean, they're just, you know, to beat all the odds of not getting in an accident, you

know, you know, whatever else, it's, it's pretty, pretty cool.

Yeah.

Especially against Andrew.

Yeah.

Right.

I mean, there's, there's big money in there that, you know, where they're spending Michael

done.

I didn't realize.

I got to read up on this.

I didn't realize.

Yeah.

He's dominating another.

Yeah.

I mean, it's, it's pretty crazy.

Well, um, relative to, uh, to, uh, to golf, we're now six, uh, what is it about six weeks

away from?

Hello, friends.

That's right.

Yeah.

Right.

From, uh, from the masters.

We might have to do like a master's pickup or maybe a master's preview.

We are going to have to do one.

How come we are going to have to do one?

We're going to have to break it down.

Yeah.

Yeah.

We might, I agree.

Maybe we could even do a little bit of gambling like right here.

Yeah.

Live on the show.

Yeah.

Why not?

Right.

Is that legal?

Hello.

You run and low.

I'm going to low.

I think we need to say one more thing in the sports world, you know, oh, one more.

Oh, thank you for the reminder.

God.

No, and we just learned before we came on air that, uh, one of the greatest, uh, coaching

legends of all time, Lou Holtz passed away.

So, you know, here's to him.

Yeah.

Here's to, uh, here's to, uh, to coach, uh, that's too bad.

Yeah.

Yeah.

Only a few real men left in the world.

He was definitely one.

He was.

Yeah.

Coach Holtz.

Um, you know, we didn't really talk about the war.

You want to talk about the war on here?

You want to just, yeah, let's talk about what do you think?

What do you think?

Holtz would have thought about the war.

Uh, he's an old school dude.

What could I, I mean, like old school thinking versus new school thinking.

I mean, you know, what, what do we think about, uh, I ran?

You following it any a little bit, uh, I mean, how can you not?

It's everywhere, right?

Yeah.

Yeah.

Yeah.

Well, kind of like the US military over in Iran.

So, you know, it, it's, uh, it is what it is.

It seems like it's a, it's a record that's on repeat here in America every, every so

many years we, we have to get into the, uh, a conflict that they're in, you know, and

it's amazing that oil spikes every time it happens.

And, uh, now there's a $1.4 trillion defense budget on the, on the table.

So, you know, it all gets justified for the big spending.

And now you're getting the cynical person, uh, at the table here, but I just don't, uh,

I don't buy into it.

Yeah.

It's interesting.

I always view these things through the, the, the lens of the market, um, you know,

it seemed like Monday when the market opened, um, you know, the, the 100 day moving average

broke on the S&P 500 and it looked like it was going to be look out below and we were

just going to go cascading lower and lower and lower and then it, you know, market got

bought back up.

I don't know who started buying, but the market came back up hundreds of points.

It the same thing happened, um, same thing happened Tuesday and, uh, what we're recording

on Wednesday now and the market is well off its lows for the week and looking like it

might turn around and go higher, um, obviously a reflection of the fact that it seems like

the conflict, um, has the potential to be short and sweet and not drag on for very long,

which I know everybody's room for, but, uh, I guess we should probably say it's good

for the, uh, you know, for those of us who don't follow global politics, we need to delineate

in this, this thing between the, um, Iranian, uh, regime, the, the government and the

Iranian people, right, um, Iran was, um, kind of a destination location for many, many

years into the 70s until, uh, the then shot fell and was overthrown by the, uh, fundamentalists

that have been in charge ever since and they've kind of run the country from a very kind

of westernized kind of location with a very diverse economy in launch of tourism and lots

of global relationships into like this kind of cave dwelling kind of, uh, fundamentalist kind

of picture that we now have of them. So while it's, uh, a good thing that we are overthrowing

the government, it's also a good thing that, uh, we're positioning the people to govern on

their own. That sounded very serious to them. It did. It sounds like you've been talking on the

butch, you know, you kind of know what you're talking about. Yeah, well, I mean, it's so rare that

you actually get to use your political science degree. I'm never going to pass in the opportunity.

I think exactly. Exactly. We get to, we get the reference. Huh? Oh, I can't adjust. I'm just,

I don't know. It's all right. It's going to be fine. All right. Anyway, um, I, I hope the, uh, here's

best to the, to the, to the men and women, uh, serving thanks for your service. Thanks for looking

out for us. For sure. Uh, we get, what do you think? You want to stoke the fire or four

or four? We'll come back, talk a little business. We'll come back, talk a little business in AI.

You got it, baby. Cheers. All right.

What happens when work disappears, when money dissolves, and when freedom becomes something

you earn, not something you're born with, a new kind of power is rising, not a government,

not a corporation, but the algorithm. In the algorithmic state, no jobs, no money, little freedom,

Amazon best selling author, Bradley J. Martin O reveals the world we're stepping into,

a world where your reputation is computed, your opportunities are filtered, and your identity is

shaped by systems that know you better than you know yourself. This is not science fiction.

This is the operating manual of the future forming around us right now. If you want to understand

the forces that will define power, belonging, and freedom in the decades ahead, start here,

the algorithmic state, no jobs, no money, little freedom, available now on Amazon.

So, we definitely should consider building our own agent, need our own cooking,

we're going to talk about this all the time. It's not like, why not? You have endless hours to do

this shit. We should, we should build our own agent. I don't know whether you'd want to do it,

whether you want to use anthropic inside Microsoft, or however you want to do it, but give it access,

give it a show-based email address, add better with bourbon, media, whatever. Give it a Microsoft

office account, give it the ability to post on LinkedIn or Twitter, whatever the least

damaging one Twitter probably. Let it post on Twitter for a little while and see if it figures

out how to do. Then we could build another agent, Perry, that specifically we could give it access

to the editing software and show it to some examples and say, okay, build a couple of these,

why would we not do it? It's a great idea. It will give it access to your only fans page as well.

That's a wonderful idea. We could let it build the only fans experience. Yeah, right.

Right, we'd have to name it though. What would we name our agent? You're giving away our secrets

on the air. Well, honestly, we should probably have people write in to name the agent. What would

you want to name the agent? He'd want to name it, what's his dog's name? Yeah. We should name it

after Gus. Gus. Yeah, Gus, the best of broads dog. Okay, so maybe we'll do this. We'll provide

some updates that we come back on. But we got a couple of news stories this week we should probably

get into. Yeah. There was some agentic stuff going on. I'm going to have to read some of these

details to you because this company is one that I've not heard of before. Yeah, neither since

until you brought it up, but I do know there was a bunch of companies in the space when you're talking

about the, you know, the coding with the vibe coding is what they call it. Yeah, exactly, right? So

this, so 2026 is going to be the year of agentic development and we've talked a lot about it.

We're going to continue to talk about it with big names, but it's neat to hear of more accessible

little companies than maybe we could use, you know, in our business every day. Maybe Perry could

use this at his place of business. Maybe Michelle and I could use this nowhere. Their numbers aren't

quite so little though. I mean, they're good. Well, right, but this is a company named Pigment,

and they have a product called AI Modeler Agent, and they just hit $100 million in ARR annual

run rate recurring revenue. Yeah. Which is a big deal for a business. That's when you can start

taking debt and getting lines of credit and banks take you seriously and you can hire and get

leases and shit like that. But it's a big time financial milestone. The neat thing about what they

do is this is a fully agentic AI model that can take various spreadsheets that any organization,

any middle market business uses, you know, and the use case would be you have a spreadsheet

that the head of sales uses, you know, he pulls it out of Salesforce.com or whatever your CRM

is to give waiting of what your pipeline is so you could forecast expected revenue for a month

and into a quarter. You give that spreadsheet to finance. Finance takes off of it. What it needs,

so it can figure out how it's going to allocate expense and disbursements based on, you know,

how you're tracking revenue to quarterly plan, you know, across the year. And then hiring says,

well, okay, if we're at X amount of of run rate and we're meeting these revenue goals and we can

hire this number of people as was dictated by the quarterly plan. All of those are on different

spreadsheets. Wouldn't it be great to have a piece of technology that would using a voice command

allow for you as the CEO to say, hey, give me an update on these three variables in a way that I

can deliver to the private equity stakeholder when I meet with them later today. So it's an

agentic tool that uses voice command to do very complicated output missed analysis. And what's

neat is Excel is always like a two dimensional, you know, you have up and down based on the columns

in the spreadsheet. This makes it multi-dimensional because you can mix and match spreadsheets across

different planes. So I thought that was very neat because that's something that every company in the

world, well, it really opens it up because if you think about the Excel spreadsheet, how many

hours do we use to fumble and fight over the formulas in there? And now this is all being done

automatically. And now you're integrating probably other, you know, platforms into this, you know,

you can make it as 3D dimensionals you as you want and as attractive, visibly attractive. It's

not going to be your typical spreadsheet anymore. Well, that's really, I mean, but that's where when

you really get into it, what is AI going to do? Is it going to take somebody's job? Yeah, of course,

that is multiple people's jobs. But what if what if that person's job instead of maintaining that

spreadsheet, which is a very reasonable entry level job that lots of people have coming out of

you name the university here? What if that job turned into instead of maintaining data, you know,

one where you were distilling insights from the data and you became actionable and you were able

to make recommendations instead of just moving numbers around. So yeah, so you're getting into more

the strategy level and decision making level, which I think is where the jobs are going to shift

if you're a good worker. Of course, does it disrupt? Sure, it does. It's going to disrupt. In fact,

the numbers that came out said that about 12% of the jobs out there in the white collar world right

now can be replaced by AI agents as we speak. That's 1.2 trillion in numbers of GDP. So that's

a big number. Well, so where do you fall in this? You've written how many books about this? Are

those jobs just gone or how many of those get repurposed? How many of those just get cut? See,

here's what I'm interested, how many of those get cut and then replaced later when we know where

that capital intensity becomes more. Right. And a lot of more pronounced. It all depends on the

company, but like workforce, one of the top tech companies just laid off half their workforce today.

So you're talking about what's his name? What's his name? It's a block square. Yeah, the block.

It was a tap on it. Yeah, I think it was like, I think it was like 25% of the work. It was a big

number. So I mean, you know, and he didn't replace them all. And he said the AI can do it better than

his workers were doing it cheaper. Well, this, this company, this, that we're talking about

here, pigment with this tool. Here are some stats about their business. 56% of their new enterprise

clients, which are companies like Unilever, Siemens and Snowflake. Okay. So these are like definitely

big names. Yeah, global 1000 kind of names. Left giant legacy ERP programs like Anna Plan and

Oracle. So if we refer back to what we were talking about last week about these giant ERP systems

and how that was a regime and technology adoption in corporate America. And now this is kind of

the new, the new iteration, the modern day iteration of that. It would make sense that some of those,

you know, large kind of seat based, license based software providers are going to take a hit.

Because if you can build your own, just pay for a central usage model in 20 bucks a month to have

your, your, you know, your folks use it like we pay for anthropic or Google or chat GPT,

just a regular users license. You get so much more value out of that. And it really brings into,

brings into question this whole question about how are software companies making their money? And

do you need all the functionality that they sell you? Right? I mean, Gartner, we used to do studies

all the time about how much functionality and great big giant platforms like Oracle's ERP or

Salesforce.com's flagship model. You only need 15% of the functionality, but you have to buy

100% of what the license gives you. And companies are just so tired of that. You waste so much money

doing that and you're locked in in these, these, these contracts that run years and years and years and

years. So when we look at the market, what does any of this stuff? Why would anybody care about this

company pigment and their product called AI model or agent? And how does that have anything to

do with the real world? Well, if you've looked at the software development services index, which

is a component of the S&P 500, probably the best example would be Microsoft, Microsoft biggest

software company in the world. Microsoft has just been getting murdered for months, murdered for

months. It's just getting killed. 400 bucks. It's trying to find a floor at 400 bucks. How high

was Microsoft at its peak? Was it 600 and change? How high was Microsoft at its change, Bernie? How

do you know it? 600 and change. Anyway, Microsoft's just getting it's just getting hammered. So it's

trying to find a floor and all of this is because everybody who's starting a company no longer has

to go pay out the nose for Microsoft Office 365. You can use Google's free shit, develop an agent

like we were talking about doing here at the beginning of the segment and build your own software.

If you're only going to use 15% of what you're paying for anyway, why would you? Why just

pay the money for a couple of months, build your own and use it forever and make it exactly like you

want it. Particularly if you can do it without coding, you can just do it with your voice, right?

Yeah, they just tell what you want. See, we get to do this. We get to build some software.

We will talk about it. I mean, other Rothbard just straight up posters, right?

Isn't that what Anthropic is kind of known for? It's exactly what it is. Exactly. And that's why

they've been so disruptive. Although speaking of Anthropic, maybe it's a good saying. Yeah,

you want to talk about Anthropic? Just to say you're in the news again this week.

Yeah, just to say that fall up that the Pentagon did make a final decision and they didn't come to

terms. And so they decided to drop Anthropic not only from the Pentagon, but every federal agency.

So, uh, wow, through an executive order of Trump. So, okay. So what do we think about this? We've

kind of made fun of Dario's desire to talk his book. So either he's really committed to this

charade that he's playing or he might not be really best suited for that job. I mean,

if he's going to tell the biggest customer in the world, no, you can't find my shit.

Should he be running that company? Isn't this CEO's job to sell the product? Hey,

when you're CEO of a company, isn't your job to help sell the product? We get a multiple CEOs

here in the, yeah. And I think what he's, aren't you supposed to help the company succeed?

I think what he's wrestling with is, hey, when you were running,

talk yourself right out of a giant contract. No, it seems that Dario's his own worst enemy.

I mean, holy shit. Yeah, I mean, it probably wasn't the smartest financial, uh,

certainly short-term financial decision, but okay, like good at it. Well, but like we were talking

last week, you know, by, by putting his foot down, he's getting a lot of free press off of this.

He's making a statement that, you know, he is about the responsible AI component of this

development, which is, which is a big push. I mean, that's a big push out there in the

government's world. It's a big push in the enterprise world. You know, everybody else is Russian,

so haphazardly. And Dario's been, you know, very outspoken on a lot of podcasts about what

can happen if we go too quick, too fast. He can still afford the good headphones.

Yeah, he can. Happy fanwinkle if he wants it. I mean, they'll send out numbers. Yeah,

the valuation for now. Yeah, for now. For now, right? But it, but his platform is good. And that's

why the government wanted it. I mean, and just like you were saying, he, he, he did change the

coding world and he disrupted the coding world. We saw that in the stock market. Uh, when they

said they have a patch for cybersecurity that it can immediately detect anything right away and

give you the fix. Yeah, let's details on that and then it came out with a product. It was just

last week or this week that basically said, yeah, it, it can evaluate cybersecurity code,

understand what it's reading and then patch it without human intervention. I mean, are you

serious? Yeah. How many network engineer and security, you know, data sec people,

you know, immediately lost their stomach on that one. I mean, that's a lot of high paying jobs.

It is. A lot of high paying jobs. And I don't have the answer to that one. It's just the

beginning. So no, all right. You know, they're obviously going to continue to train and continue

to figure out what's going on. And probably better so than a human being can do to stay ahead of,

ahead of the curve or the technology, you know, gaps are. Well, um, yeah, definitely. Um, you,

you wrote an article this week that kind of touches on a lot of this stuff. Uh, I read it today

on LinkedIn. It was pretty sweet. Thanks. Tell us what your article was about. Well, it's,

it kind of flies in the face at least at first glance of the next thing that we're going to talk

about. And that is, uh, the partnership between open AI and AWS on the frontier level on their

agentic. But it's saying that, you know, major major enterprises and organizations are not

finding that the frontier models, the larger, uh, mml models are working for them because they're

too big. They're too complex. They carry too much risk. Okay. So hold on here. Let's just

contextually. You're saying that the big LLMS, the big ones that we all know that we started talking

about for weeks and weeks, Gemini, open AI. What the fuck? What the fuck?

That's almost like Cardi walking over and grabbing a bottle at that. That was the area.

Right. Right. So, so getting back to this. So, um, what you're saying is that the big

frontier, all the models, your open AI, your Gemini, your clawed, your grok, you know,

the ones that we've spent all this time and money training and developing are no longer suitable

for a lot of specialized applications. Is that what you're saying? And what, what are we doing

instead of that? What is the, what is the next evolution? It's not even specialized applications.

It's the normal applications that these companies were trying to utilize them for and they found

they just to be, just to be too generic, too big, too risky. And why risky? Explain that.

Well, because you have so much data, you have the, the cloud out there. You're leaving the

premises. So you have the data leakage issues. Okay. So, what you're saying is that to use those

frontier models as they exist, as we as consumers use them, what you got to do as a company is you

got to put your data in that context window, send it away to somebody else's server, right?

You don't own anymore. Right. You don't own it anymore. And there's no guarantees that people

aren't reading that data, consuming it, doing what they want with it, stealing it, like we

found out last week, them fucking deep-seek people in China are taking that. Okay. So,

what you're saying is this new paradigm allows for more control over the data because those

models can be run locally on premise again, right? For what? Well, that's a real departure from

what it is. The world of enterprise computing over the last 20 years. It's a huge departure.

And what they're finding is that the localized self-contained models can do most of the administrative,

you know, repetitive tasks in a house that need to be done. Right. So, okay. So why, okay. So,

let me just let's just continue to break this down. So what you're saying is that when chat GPT-4

was released and we're like, holy shit, this can do so much stuff that nobody could ever do

before. The problem with it, you know, now versus what was it five months ago, six months ago,

when chat GPT-4 came out, is that every time you put anything in that context window, the full

model had to run, right? All the safeguards, all the stuff you didn't want, all the stuff you

might be asking a question about cooking, and it still has to run through all the shit that it

knows about molecular biology and, you know, surface tension, and all you want to know is how

much sugar to put in the cookies, right? Okay. So what you're saying is that now today, new models

are being trained using this distillation process that we're talking about, right? To do very specific

sets of kind of domain-specific tasks, right? Okay. So these are agents, and these are going to be

deployed into whether they be vertical marketplaces like financial services or legal or manufacturing

or horizontal marketplaces. There'll be agents for financial professionals, right? Agents for

legal professionals, right? No matter what industry you're working at, right? So let's say for a lot

more controllable. Yeah, right, right, right. And that's the biggest issue that they're having is

were they able to control it? Were they able to control the biases that came out of it? Were they

able to control the drifting that came out of it? And a smaller model allows you to govern that.

All it allows you to govern it, allows you to mosh. Dispersion a lot. So all that makes a big

difference. And that's what your article was about. And that's essentially what it was about.

Nice. Nice. You should read it. It's on, it's on LinkedIn and, you know, comment like and just like

you're going to do for this episode, you know, shout Bradley out, ask him some questions. Hell,

you might ask him a question. I might answer it. Yeah, right? I mean, I don't like it when you

trippin. Yeah, right. Right. Right. You probably want him to answer. But what else happened? So we did,

we talked, oh, talked to me about this new going back to what we talked about last week. Yeah,

we talked a lot about again with this agentic theme, open AI. Last week came out with this frontier

program with all the consulting firms. And we talked about the four that we're going to go out and

help companies build agents from a market. They they had another announcement this week where they

said, and this was an interesting one because keep in mind, open AI has a long standing very deep

relationship with Microsoft. They do. Okay. And Microsoft has a cloud product called Azure.

Very well ingrained in corporate America. Very well. There are number one competitor is AWS,

right? Amazon web services. So Amazon and Microsoft compete big time. Open AI has this day

one rider die relationship with Microsoft. But this week they announced a brand new partnership

with with with with AWS for their frontier agentic model. Yep. Okay. And what did you what can

you give us any details about? Well, they're going to use AWS's cloud exclusively for it. So it's

going to instantly again for open AI. Allow them to globally reach out into all of these

existing clients of AWS and Amazon. It's going to immediately have an impact. But on the other hand,

you know, obviously there's something in for in it for Amazon as well. For the $50 billion that

they're investing, they're being guaranteed by open AI that they're going to utilize up the two

gigawatts of their data center power. Right. So back to this data center thing that we're talking about.

So everybody's making deals for nice to have. Yep. Based around the thing that everybody needs,

which is compute capability and guaranteed space to run these workloads, right?

Which again, that just kind of solidifies their build out. And in two gigawatts,

you know, how many homes is that power? I think it's like one and a half million homes.

It's a lot of power, you know? Okay. So I got so I got some crazy stats on this. Yeah. Okay. So

in addition to this, in addition to this, there's going to be a $50 billion investment.

Amazon is going to throw at open AI. Now, keep in mind, I can't remember the number. What was

it? Something like, was it eight? Was it eight trillion? Well, we'll have to come back and review.

But okay. So 50 billion is coming from Amazon. Okay. This is a massive amount of money.

And it values open AI. The level at which that investment was made values open AI

at seven hundred and thirty billion dollars. That's a big jump. That's a big number. Okay. So

seven hundred and thirty billion dollars open AI is a private company. But

seven hundred and thirty billion dollars is get this. It's Starbucks plus Netflix plus McDonald's.

That's how big open AI is now financially. Starbucks plus Netflix plus McDonald's or

we could do it again. Exxon mobile plus target. That's how big it didn't even make any sense.

It's turning into an Austin Powers. It really is. It's the partnerships. It's just like what

they did last week with the top consulting firms. They're instantly ingrained with all these

Fortune 1000 companies because of that. Now with AWS, you're instantly on their bedrock

infrastructure. You're instantly with everybody that has that enterprise level. And again,

back to what I was writing about this morning, it gets to your targeting a very narrow group here

because it is the enterprise frontier level that you're targeting. So it is only going to be the

complex agentic work that's being done, the research work, the PhD type work. But these companies

also have endless budgets to allocate toward tokenization, endless budget. I mean,

that's why these companies are so interested in going out and helping the

insert name of company here, FedEx, McDonald's, whatever. The AI workloads they're going to

generate are just massive. Just like web traffic was back in 1995. It was this big.

Now it's this. If you recall, when we were talking about OpenAI, one of the largest investors in

OpenAI is Microsoft. So they have a 26 to 28% interest. After this was kind of being heard about

and it was getting out into the marketplace, OpenAI and Microsoft came out and said,

no, this doesn't affect our relationship one bit. We're still exactly where we were when we

started. We're going to be right where we are after this. So I think what's happening is OpenAI is

trying to figure a way to raise the money that they thought they had from the video. Once Jensen

backed off of his $100 million. Interesting. Coming back to the story we've previously talked

about, right? $100 billion. Yeah, $100 billion. Isn't it funny? Wouldn't that be amazing if

this were like a kid? If like OpenAI, we're like an unruly teenager. Just running back and forth

between like aunts and uncles begging for money. It's kind of like a field plan. Sam Waltman's

playing the field right now. Yeah, right. Going crazy, anchored, crude, off of Uncle Richard

because he's drunk and knows that, you know, right? That's what it feels like going on, right?

It's kind of what it feels like, doesn't it? Yeah, right. So where's Elon Musk in all of this?

He's got his name. His name is. Yeah. All of a sudden he's not going to Mars. He's hopefully

maybe getting to the moon. Yeah, I think he's put his stuff in. I heard they canceled that as well.

They had a combination. Their company's joined, right? So that was like the biggest,

which we haven't really talked about. Yeah, Grock got folded into. Yeah, everything kind of

kind of folded into Tesla. No, it's SpaceX. Or SpaceX? Yeah. So that's a big move for him.

You know, personally, obviously, it's a big move for the capitalization of that company.

He's been kind of laughed at. Sam Waltman said the idea of doing was absurd, right? Yeah,

the space, the space data center just isn't going to happen. That's absolutely absurd. Somebody

take that phone away from him. That's right. Bailiff. Yeah. Anyway, right. But they said,

but this is, this is, I mean, one, that story that Elon was telling was a little bit wild,

because it sounds like science fiction. And I know that, you know, he's succeeded in this

area before. But like, when you think about the advances just in, in the way models are being

rolled out, you got to ask the question, like, is that necessary right now? Like, would you take

the risk to do that? Now, when you have no idea what chip architectures are going to look like,

I mean, look at what chip architectures have done in the last, like, just 24 months. It's amazing.

Yeah. They're getting a lot more efficient. They're getting wild. Yeah. So that's going to change

everything, you know, in the next year or two. And I think that's where the focus needs to be on.

But Elon has a self-serving interest, obviously, to use his spaceships to take data centers to the

outer space world. And it satellites, you know, we're obviously going to feed it. So

there's a, there's a, but Elon runs a, runs a self-contained. He makes his own chips. He has his

own communications protocols. Everything is self-contained, which is why Tesla has the ability to,

to drive on its own and other cars don't. We go back to open AI. Like, one of the things that

they're clearly doing is, remember all the conversations we've had about them before comes back to

Nvidia and whether they can get Nvidia chips or whether they have all the Nvidia chips or whether

they're getting them first or second and how many they're getting and how much money Nvidia is

going to give them that they're going to give back to Nvidia for their chips and all the circular

financing bullshit that we've been talking about forever. This is really interesting because it's

pretty clear that open AI is trying to put a buffer between them and their total relies on Nvidia

because AWS is going to use AWS proprietary chips for this. Yeah, it sounds like they're using

the chips, but Jensen also came out in talking about this deal and said, we are, they're

here and up to be able to make more chips. So they want to be able to provide everybody with

as many chips as they need because they said their return on investments is going to be amazing.

So, well, yeah, but yeah, but that has nothing to do with why open AI would openly make the

choice to not buy Nvidia chips. They're doing that to diversify after at this point because

the Nvidia chips are not available. But what they're saying is they will be available in the

future. So at this moment, it makes a lot of sense to diversify. It also makes a lot of sense.

Well, why is the question? I think that you say at this moment, it makes sense to diversify

because you don't need Vera Rubin chips run in every aspect of both training and inference anymore.

You just don't. You can run inference using specialized chips just like anthropic is proven.

And that's I guess why they're doing this with AWS now because you don't need to do the,

again, the frontier models trained, right? They'll continue to train new frontier models on those

super high end chips, but in for most 90% of what they're the game now is is is you know, the

agenda move. They don't need more better AI models, any more better agents. That's right. Right.

And say for spots. And so that's what AWS provides them. Is that environment?

You think we should take a break. I think we should come back and come up.

Yeah, follow up, come back and close this out. It will close it out with some real,

some town, some town right. That's right. Some town right horse pocket. All right. Cheers.

Cheers. Cheers. All right.

What happens when work disappears, when money dissolves, and when freedom becomes something

you earn, not something you're born with. A new kind of power is rising, not a government,

not a corporation, but the algorithm. In the algorithmic state, no jobs, no money, little freedom,

Amazon best selling author, Bradley J. Martin O reveals the world we're stepping into,

a world where your reputation is computed, your opportunities are filtered, and your identity is

shaped by systems that know you better than you know yourself. This is not science fiction.

This is the operating manual of the future forming around us right now. If you want to understand

the forces that will define power, belonging, and freedom in the decades ahead, start here.

The algorithmic state, no jobs, no money, little freedom, available now on Amazon.

We are on the air. Nice. Okay. So welcome back. Fast, thinking, smooth, drinking.

The weather is going down. The fire is going up. Yeah. Right. The fire is gorgeous tonight.

Not tell you, you know, that might be the best fire we've had. Thank you. Thank you.

Seven, you know, two months of where we've been doing that. That's what I've ever seen.

Our lubricity level is almost. Yeah. Our lubricity. Yeah. Our lubricity. Yeah.

We need to discuss lubricity at some point with Lou. Yeah. Okay. We're going to get Lou here.

We're going to get Cardi back in the studio for that one. We will. You know, and I don't

feel like Cardi's not welcome. Cardi's not welcome. I'm not sure we gave Penelope a review

that I mean, I'm enjoying drinking this. Maybe that's probably the most important thing.

We're down to the last third of the last quarter of the bottle. They'll be nothing left at the

end of the night. I guarantee that there'll be nothing left. Right. Yeah. So we're endorsing

Penelope. We are, we definitely are endorsing it. I'm glad that we added it to our repertoire.

We're going to have to get the graph out there. We do rate it on our different four point checklist.

Yeah. The, the, the, the barabino meter. What's the, the bourbon, what's it?

Bourbonometer. The bourbonometer. The bourbonometer raise. You have to know it.

Yeah. Right. The bourbonometer is dropping like the market did on Monday. It's going down quick.

Should we talk about the market a little bit? Yeah. I think we should talk about the market a little bit.

Right. So when it's been in the news all week and at first, what would I say, Clash, should we start

with? Should we talk about stocks or stocks? Yeah. Because I mean, stocks. That was the first and

foremost. Yeah. Okay. Well, we let the cat out of the bag a little bit on this. On Monday, Monday,

Tuesday, we had a break. Now we're talking about the, the S&P 500, right? The SPX broke the 100-day

moving average, which is a really important technical indicator. And there are a couple things going

on here. Number one, we've been essentially going sideways since October. It might feel like the

market's been, you know, really up at points and really down at other points. We went sideways for

five months now. Number two, the high in the S&P was just above 7,000, 7,000, two. And then our

lowest point this week, even though it felt like the world was ending there for a hot second,

if you were in some of these fast-moving stocks, the market itself was only down 4.2% from its

peak to its trough. And from its high to its lows, now 4.2%. Now that's the S&P. Yeah. A lot of the

fast-moving tech names, certainly the companies that we've been talking about today, your,

your, your nibbius, your, anything having to do with Neo Clouds, your applied digital, your iron,

your core weave. That's right. Any of the, the, the A. What the hell's a Neo Cloud? Say what?

Neo Cloud. What's that? Neo Cloud? Yeah. Oh, that's, okay. That's a good question.

That's a great question. Yeah. If you have a lot of talk to the lay people here.

Neo Cloud. Oh, shit. I just spit. Neo Cloud companies are the companies like core weave,

nibbius, an applied digital that are putting together these series of data centers where they're

essentially renting out those super high-end server spaces to corporate clients, right? Because

not everybody's going to build their own data center. You're going to build a couple and you might

run a couple. Digital real estate. Yeah, it's digital real estate. You can rent it by the minute.

You can rent it by the hour. You can rent it by the month, by the week, by the year. Kind of like

what you were, had originally talked about doing with Newton. That's correct. Yeah. Got you. Yeah.

Yeah. So Neo Clouds, just like it's a, it's a type of provider. They're like a digital real estate

company. That's a really good analogy. Anyway. When you say you, Brad, who do you mean by who's you?

Operations? Yes. I mean, the most, well, you can, anybody can rent it. But the most likely

players to rent it because it's not cheap. I mean, you're, you're talking for a minute of compute

time, $4 to $5. I mean, it gets expensive after a while when you start adding up the training time

on, on the servers. So they spend, yeah, they, it's, that's a good point. So you can see what they're

making. They can, if they have time, if they have, if they have that kind of money to advertise on

the super rule. So anyway, they rent them by the token, right? It's, it's basically you rented by

the unit of output. So there's a token. So anyway, so, yeah, anyway, so all these stocks have been,

even though the market's only down 4% from top to bottom earlier this week, it felt like the world

was going to end. The market's fine. Anything having to do with data centers or software is no

Bueno, no fly zone right now. And in fact, they've been just getting pummeled. Interestingly, though,

because I am a anti-consensus in nature, I actually did some buying for the home team.

Last week, in a couple of these stocks, a couple in my own account, a couple for the lady.

Nice. And I try not to, I'm not fast and loose with, with, you know, with the home team's money.

I try to play that by the books. I know. But everything was on sale last week.

It feels like it's, it's definitely on sale. And I would say that, you know, the,

the market is being resilient, yeah, showing some resiliency. Well, I mean, well,

even against a response to the, to the, to the action in Iran, which seems like we're succeeding.

So why? Right. But, but still that, that could be uncertainty, right? And so, you know,

that puts it into the market. You also have the job reports, which are concerning every time they

come out, which, you know, it gets back to AI, you know, how many jobs are being lost and,

through it. Yeah, that's, that's, that's, that's, here, here's, here's what really happens

underneath the surface. And here's what really matters. And I know that's exactly what the press will

tell you is driving the market. That's not what's driving the market. What's driving the market

is liquidity. And we're coming out of a period where, historically, there's just not a lot of

money in the treasury general account at this point in the year. But we're coming into tax season,

right? And in tax season, when we move into the spring, everybody does what? You send money

to the government because you owe your taxes. And at that point, everything having to do with

downstream effects from government liquidity, the whole way through to commercial banks, all

have a wash of liquidity. And that that's going to happen this year. So it feels, it feels like

money's coming back into the market, even though there have been many, many reasons to not participate,

all that horseshit about Minneapolis. And the fact we're going to have a civil war, how quickly

that's gone away, the real war that we're having in Iran, that seems to be working out. I'm really

interested to find out more about what's going on with Minneapolis and California and some of

these broad schemes. Would you say Canada? Canada? No, I mean, honestly, I love Canada. I would

love to take a vacation to Montreal this summer and go up there and do a little parlay voo with the

with the ladies up there, Montreal. I mean, Montreal is a city full of beautiful women and good food.

If I do say something, taking advantage of the fact that yours doesn't watch the show.

Nicely played.

So yeah, but yeah, markets French speaking ladies, but you know what the, you know, we have,

I think money's coming back into risk assets because it's coming out of gold and silver.

I mean, because of this war stuff, you had a huge spike in gold and silver last week,

and it just seems like that was money that's coming right back out. Yeah, right back out.

Well, it's definitely going somewhere, right? Well, in oil, oils up,

oils up, you know, oils up. But again, it always seems like every time there's a conflict over

in Iran, that oil spikes. Well, that's the playbook. I honestly, I think that if we take

recent history as a play, there are some, I think the administration is playing 3D chess.

This is in checkers, right? When they did what they did in South America, what was the country?

We just took Maduro out of Venezuela. Yeah, and we essentially control that oil now.

Venezuela sold oil to who on the global stage, it was China and Russia, right?

And now we're overmessing with Iran who sells the majority of their oil to who China and Russia.

And we're giving them the opportunity to choose to govern themselves in a more responsible way.

And I'm sure that we'll offer the opportunity to help them manage their oil surplus for a fee.

While this has the near-term effect of making oil spike, I think long-term, this has a very,

I think if the Venezuelan president has any kind of bearing on where we're going to see

oil prices come down long-term. Iran being out of the market is a good thing.

Yeah, I think it would be for our domestic players.

Certainly be good for Europe. Yeah, I agree.

Iran gives China oil. China gives Iran

earth metals back that are necessary to build batteries that go into drones because Iran is a

major drone producer, right? And the question was, is there any interplay between Iran and China?

Because oil is one of the things that China probably does not produce on its own.

No, they really don't. Yeah, no. So they have to buy it.

So they have to buy it and they're very reliant on Iran. They don't want to be reliant on us, of course.

So we'd be happy to sell them oil. We would. Just like we've been selling them coal.

And the coal's been working out well for our domestic. Yeah, thank you,

Pennsylvania, for taking such good care of us.

Taking good care of the Chinese. That's right. That's the cool.

Yeah, but you know, I don't know. I mean, I think that, I don't know, with any war,

it all it takes is a missile landing somewhere in the markets could cascade lower for

weeks and months on end. But you know, it was kind of awestracking to me just watching on the news.

Yeah. Is the, is the fuel supply should burn happen in Dubai?

Dubai being this beautiful multi-billion dollar brand new city that's high-tech

and here you see it under attack, you know, it's.

Well, so we should probably, this is here's another opportunity to nerd out with our listeners.

Then like, look, there's two different types of Muslims, right? There is the,

there is the Sunni Muslim and then there is the Shia Muslim. So when you talk about Dubai and Saudi

Arabia, a lot of those folks tend to be Sunni in their orientation, right? And these are your,

you know, your high-end oil magnets. If we're trying to create kind of a stereotype, they're

educated, they're Western, they come to school in the US and go back and have very Westernized

kind of ideas about how to run family business, typically around oil. But then there's the Shia side,

the Shia. And again, we're generalizing for the sake of our Western Pennsylvania kind of

middle-aged middle class audience here. So I'm, you know, somebody could take offense at this

please don't. Shia tend to be your kind of fundamentalist, you know, ultra-conservative Muslim head,

you know, who will chop off heads and take, you know, death to the West and all that stuff. So

we have a definite future with one of those teams that would be the Sunni side and US relations

with Sunni Muslims are going really well. And I think the idea here is if we get rid of this kind

of fundamentalist Shia sect that's running Iran, the people in Iran might have an opportunity to

join the kind of broader kind of prosperity in the region and maybe make good with Israel. And we

can all get along in the new era of prosperity, which would unleash a global wave of liquidity,

which would support what's going on in crypto right now. Yeah. Crypto has found a bottom.

I think it has the right. Well, okay. When crypto went into the last crypto winter, which was

2022 to 2023 when we started raising interest rates, I looked at this just the other day.

Interestingly, that, it went down for a year exactly, exactly 12 months, October to October.

And at last, I believe the number was, I think it's 77% of its value. That was 2022 to 2023,

which is the last time crypto really got whacked. 2023 at bottom, we started cutting rates,

crypto, skyrockets up to the current iteration. It's up, I don't know what percentage, but it's up a lot.

The current correction in crypto is nothing like that correction. That went on for exactly 12

months. The current correction from October, and it's been going on about five months. Yeah.

And even though it's been going on less than half the amount of time, the fall,

the total fall in 2022, 2023 was 77%. Crypto top to bottom, and this fall was down about 55%,

maybe close to 60%. And as now, start of the bounce back up. So the question is,

is this a dead cat bounce that leads to a lower low or is this sustainable? And the only way that

get answered gets answered is with global liquidity, right? And when we think about, could this

free up global markets? Would it be good if we had we perpetuated the dollar-based system?

Would that bring dollars back into the U? Yeah, definitely would, because we've had dollars

fleeing U.S. sell and treasury spying gold. That's not good. And a lot of these other assets are

at their all-time highs. So people are taking their money and they're trying to reinvest into

somewhere where they feel like there's still value to be had. Yeah, what's on sale? It seems like

cryptos on sale. Yeah, a cryptos on sale right now. Yeah, it's funny. It's funny. When gold

continues to keep pushing higher and higher, but silver and platinum and the miners are struggling

to keep pace with gold, it tells you that that precious metals trade is over its peak and kind of

getting longer than tooth. I think eventually we're going to see some money start to come out of

that space and work its way back into some of those data center high-flung text docs. I mean,

and that's actually what I'm betting on. We bought some real fast movers, galaxy digital GLX Y.

You've been talking about that. Yeah, I love it. So that was if we go back to our prediction episode,

that was the one I thought maybe like a big bank would buy them. They are ripping. I think they

were up like 16, 17 percent today. Yeah, get it up. Well, there you go. Yeah, that's a home team

owns that. Samsung hasn't moved a bit. Well, I don't know. It seems like it's too big. It's

like GE dude. Yeah, I mean, like it might be, but there's still one of the biggest producers and

chips. And I think that of course, but they may also are the biggest producer of TV screens.

I know. It may be because they alluded to all the other stories. Yeah, right. I mean, yeah,

if you want to buy, if you want to buy chips, you got to buy a chip company. Right. You're right.

Right. I mean, I don't know. Yeah. All right. All right. All right. No, what do I know?

What do I know? Anybody? Anybody else want to talk about anything? What's going on? What's good?

You like to burn? You had a question earlier. Yeah, Bernie, what you got? Yeah. Oh, yeah,

Bernie's got a question. Question from the studio audience. What's up? Oh, this was about

yeah. Yeah. They're no question. Yeah, we're bringing this back into the Eddie Edwards segment.

Yeah, I love it. This is awesome. What was the observation, Bernie?

State of Mississippi has a bill one through that would exempt NIL money from state income tax.

So what he said is the repeated for Mississippi has a bill that's pending right now. Yeah,

right. That's good. Burning good. Yeah. There you go. Deakin's on fire.

So stand in Mississippi's thinking about not taxing and I own money. Talk about non-taxing NIL

money, which would be a windfall for these student athletes because it definitely,

well, and not only that, but it'd be a windfall for the local universities because I think

that's where the bigger stretches are money. It stretches their money further where they can now

attract. We're talking about federal tax, state tax, state tax, state tax.

So if you're comparing LSU versus Mississippi, for example, or Mississippi state or, you know,

Ole Miss, you're looking at, no, well, that million dollar NIL money is going to go

strong. I could be mistaken and maybe I have a bad attitude about this, but correct me if I'm wrong.

Is Mississippi, is Mississippi not one of the poor states in the goddamn country?

It is. And they're thinking about not collecting taxes. Why? They don't need a football.

They don't need it. Give me a goddamn break. I mean, this is that that's one of the dumbest.

Now, I'm sorry. This is not directed at you. I mean, just the shape, the shape, the shape and

structure of some, like seriously, one of the poorest states in the country is going to stop

collecting tax so they can get a better receiver. Give me a break, Mississippi. It's all about the

football. I disagreed. I disagree because I think it's an investment in their universities.

It's the opposite of investment. Well, it's a short term investment. For the little bit that

they got to give back, it may attract that next athlete that maybe deciding between this university

or one of their competing, you know, conference. Wasn't it old Miss' quarterback two years ago

that left after the season before the ball games and went to another. Wasn't it old Miss?

They were going into the quarter finals. Didn't they just hire Lane Kiffin or did they just

get rid of Lane Kiffin? They just got rid of him. Yeah, so they just got their ass part.

Well, yeah. Jackson Dart. Jackson Dart. Yeah, that's exactly who was the giant

squirted back now. And Trinidad had shambles with the quarterback this year. And Lane Kiffin left

and took a lot of his coaching staff with them and said, you guys can't coach at the ball.

So Mississippi's trying to get quite oscillations. Yeah, they're trying to combat. Yeah.

But doesn't this all sound, doesn't this all sound just so stupid? Well, it is. Sixth year,

exemption, no income tax. Talk about universities in Mississippi. I mean, these are all

oxymorons. I mean, no, we serious. Well, how many, how many great universities we have here in

the state of Pennsylvania? Many, many, many, many, many. Right. We're not talking. Incidentally,

Robin looked it up into here. Mississippi is consistently ranked as one of the poorest states in

the country. It is, right? So just one of the states that has no income tax, too, right?

Yeah. Is that right? Well, there is. Okay. So I was mistaken there, but some states have a

personal property tax like Virginia. Yeah. There's a lot of states that they try to send you a,

they want you to pay tax on something that you already owned, like your car. If you live

more like property, yeah, if you are a car in a house in the state of Virginia,

they tax you on it every year, whether you train that. Well, it's a good thing you didn't

own shit. But you live there. But you don't pay, but you don't pay state income taxes. These are

either that that's in lieu of the state income tax. Not in Virginia. You have a state income tax

of Virginia. Oh, well, it's supposed to be in lieu of that. I'm sure they find a way to. Yeah,

I was talking with an accountant today. I want to ask you this. Your opinion on this. I don't

know. Is the answer, but no, no, I think it's your opinion. It's not a technical question.

What is it? The accountant was dealing with the IRS and it's tough to get through the IRS.

They mean they just don't answer the phone, right? Yeah, I have done that. So the question is,

do you think Trump's tariffs are really going to be worthy of him disbanding the IRS?

No, I think that's. We have to have an IRS. That's crazy talk. It's not going to become the

external IRS or we're collecting all this red new outside the states and that's going to be enough to.

No, I think that's a federal bill. I think that's a short-sighted bit of rhetoric. Do you want the

next president? Because remember, this isn't law. This is all by executive board. Right. So it's

going to go away by executive order next time around unless it gets passed into law. I think

honestly, again, I always look at this through a market lens. The dollar has rebounded for the

first time in a really long time. The tariff revenue is meaningful to the country whether you think

the president has the right to do it or did it the right way or the wrong way or Congress has

upset about it. That is not really what I'm concerned about. We need the money. The dollar is

responding to the positivity associated with tariff revenues. We should find a way to keep that going

whether somebody has to make a concession or not my humble opinion. So it's just a marketing

play then. So you think the IRS has job is to keep people honest? Well, I don't know. I mean,

can we regulate more value? So we can get really down in the hole. Well, this is why I think

national sales tax would make more sense. National instead of income tax? Pay no income tax. Yep.

Keep all the money you earn. Everything's based on consumption. Correct. Interesting. It sounds like

Ross Perot's back. They're in stockings and the slettos. I've been working in Europe in the back.

Yeah, right. Yeah. Well, I mean, it's so it's better than a flat tax. It requires almost no

no. Nobody has to really moderate it or monitor it. Well, that's just why it's never going to work.

Right. Because you could put all these IRS people on work. Well, now with the digital age,

you know, you should be instantly when you do a transaction, that money should just sweep right

into the IRS's account. It should not have to pass through the merchant. It should have to

be the responsibility of the merchant or the consumer to have people who have heard and

spend more. Yeah. So it automatically gets paid. Yeah. There is no collections. It automatically

gets swept away. It's done. There's no tax days. It's all gone. This is coming from the guy who

believes that money is going to go away. Everything's going to be digital. We're going to use a

fat coin. I mean, there's going to be there's going to be no money. There's going to be no money. There's

going to be no money. Just because you write to my doesn't mean he believes. Right. I mean, you

you've got seen the commercial. I'm sure. Oh, yeah. In this episode, the commercial for what's

what's the algorithm? Exactly. Well, again, that's something that that that that books on the premise

of Elon Musk saying there's going to be no jobs, no money in 15 to 20 years. What does that really

look like? But the European Union is a perfect example of what that kind of looks like because

anything that you own over right now at the end of this year and two in two thousand twenty six

in the European Union as far as cash goes, anything above $10,000 is worthless. They're digitalizing

everything. I'm going to need to do some reading on that because I'm that sounds bonkers to me.

It does sound bonkers, but that's the European Union. And they're making a real hard stance.

They're saying even if you want to travel to Europe, in fact, we changed our travel plans because

you have to get digital ID if you're going to travel. Yeah, it's funny. My cousin. My cousin

has my mother's side of the family. For some reason, the kids are all real smart. They always

go to St. Andrews for college. And we're going to go and visit the last cousin that is in

St. Andrews. I was going to go with his dad. Yeah. And you know, and you know what I was actually

really afraid of? I was afraid of their new law that says that you can be detained at the airport

for things that you've said on stuff on on on mediums like this one, and I thought, oh, shit, like,

what if what if something got out about my opinion? Like, what if they didn't like the way I talked

about the Canadians in the curling, you know, and they detained me at the airport. They didn't like

your curling form. I mean, it was just very outrage. I mean, but look at look at the hotline. Look at how

Ruddy in like English Irish, I looked at how could they couldn't take it out on me? He just

totally ignored the hog line. He's like, the hog line. He just jumped. The hog line. I know.

He jumped the hog line. I mean, Jordan would have been proud. We get, we get to get, we have to get

out of college. You know, we really fell down on getting callers in like, why are, why does that

seem so difficult? We should just get like, no, we should, you know, and now we, thanks to Perry,

we are actually have, instead of the big Princess Leia headphones, we have the wireless ones, you know,

so yeah, so we'll take, we'll take the callers and, you know, and if you want to talk about

Deacon's outfit, you're more and welcome to call in. You know, we're going to make a commitment

that next week we're going to have one caller per segment. Yeah, we will. What do you think about

that? We'll make sure that happens. It's been a busy week for both of us. All right, you know,

you had a lot to do with the feds. I was happy about it. Yeah, we know. And, and, and, and thank you

to the sponsors that reached out to, by the way, I'm getting back to you. You know, we had a great

inquiry of I know a sponsorship opportunity. Yeah, it was awesome. Yeah, people are writing us

from South Carolina. So I will be getting back to you. Wow. We did get, we did get some

play from Savannah, Savannah, the stillery. Yeah, yeah, you need a little play.

picked up our story on their Instagram for you're not on social media. I love it. No,

right. I know. And we talked, we talked, we talked, we talked about why,

uh, I said Georgia. Yeah, didn't I? Yeah, you were just stutter in there. They're a little bit.

So, no, that's the end of the bird. All right. Well, uh, all right. We had that, he had that

Southern stutter going. Yeah, we've been close to South. We've been close to South. Yeah,

we're going to, I want to thank our studio audience tonight. Thank you. Thank you. Yes, thank you.

Thanks for being with us. Thanks to Perry. And we'll, we'll see you next week where, uh,

fast-thinking meat smooth drink. And we're going to get after this bottle and, uh, uh,

see if we see if we can get it done before that fire burns out. That's right. Cheers,

cheers. Talk to you in Metchels. This has been The Better With Bourbon Podcast with Brad Martino

and Deakin Palmer. New episodes drop weekly. Be sure to subscribe or follow us.

The views and opinions shared on The Better With Bourbon Podcast are our own and those of our guests.

Nothing we discuss should be taken as financial, legal, business, or gambling advice.

Don't make investment, business, or betting decisions based on our conversations as you

should always talk to a qualified professional. Always drink responsibly, never drink and drive,

and only consume alcohol if you are of legal drinking age.