(0:00) Bestie intros! Gavin Baker, Ben Shapiro, and Phil Deutch join the show

(7:32) GPT-5 underwhelms, benchmark saturation, OpenAI's product excellence

(18:14) AI's TAM, ROIC, and energy implications

(27:27) China's major advantage and how the US can counter it

(43:46) Political parties picking winners, energy subsidy reversal, how the bureaucratic branch was created and how to fix it

(52:38) Socialism, OBBB impact on energy, does socialism in the US rely on Mamdani in NYC?

(1:10:00) Tariffs update: $125B+ revenue so far, India and Switzerland hit hard, Trump's ad hoc approach

(1:27:51) Nvidia chips being smuggled to China

(1:31:13) Apple's $700B in buybacks since 2015 and failing AI strategy

(1:40:09) Summer reading recommendations

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Intro Music Credit:

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Referenced in the show:

https://www.bloomberg.com/news/articles/2025-08-08/openai-s-gpt-5-met-with-mixed-reviews-confusion-in-first-day

https://www.anthropic.com/news/build-ai-in-america

https://www.youtube.com/watch?v=whE75zEFBpU

https://www.census.gov/library/visualizations/time-series/demo/historic.html

https://www.justice.gov/opa/pr/two-chinese-nationals-arrested-complaint-alleging-they-illegally-shipped-china-sensitive

https://www.ft.com/content/6f806f6e-61c1-4b8d-9694-90d7328a7b54