EMERGENCY DEBATE: What Trump’s Return Really Means for America & The Real Reason Men Voted for Trump! Is the UK About to Collapse?!

AI transcript
0:00:03 – The world is absolutely crazy right now.
0:00:05 This is one of the most interesting moments
0:00:07 of social, cultural, and economic transition
0:00:09 that I have ever seen.
0:00:12 So I wanted to do something that I’ve never done before.
0:00:14 I called upon three of the leading voices
0:00:17 on social, cultural, business, and economic issues
0:00:20 to give their unfiltered, uncensored points of view
0:00:22 so that we can all make sense of all of this craziness
0:00:24 happening before our eyes.
0:00:26 They don’t always agree on much,
0:00:27 but today they thrash it out
0:00:29 to see if they can agree on something.
0:00:33 We go through the economy, Trump, Elon Musk,
0:00:34 EEI, censorship, woke-ism,
0:00:36 and why so many men are struggling.
0:00:39 Why are tens of thousands of millionaires
0:00:41 running away from the UK?
0:00:43 The terrifying truth and opportunity in AI.
0:00:44 And I ask all of them,
0:00:47 what is the most important thing in 2025
0:00:49 that nobody is talking about?
0:00:51 With the aim of reaching clarity, agreement,
0:00:54 and having a laugh in the process.
0:00:56 This is the episode you probably didn’t know you needed.
0:01:00 (futuristic music)
0:01:02 I find it incredibly fascinating
0:01:04 that when we look at the back end of Spotify
0:01:05 and Apple and our audio channels,
0:01:08 the majority of people that watch this podcast
0:01:11 haven’t yet hit the follow button or the subscribe button
0:01:12 wherever you’re listening to this.
0:01:13 I would like to make a deal with you.
0:01:15 If you could do me a huge favor
0:01:16 and hit that subscribe button,
0:01:18 I will work tirelessly from now until forever
0:01:21 to make the show better and better and better and better.
0:01:23 I can’t tell you how much it helps
0:01:24 when you hit that subscribe button.
0:01:25 The show gets bigger,
0:01:26 which means we can expand the production,
0:01:28 bring in all the guests you want to see,
0:01:30 and continue to do in this thing we love.
0:01:31 If you could do me that small favor
0:01:32 and hit the follow button,
0:01:34 wherever you’re listening to this,
0:01:34 that would mean the world to me.
0:01:37 That is the only favor I will ever ask you.
0:01:38 Thank you so much for your time.
0:01:39 Back to this episode.
0:01:42 (futuristic music)
0:01:46 – You guys are three of the best commentators,
0:01:47 the most articulate people I know
0:01:51 that will also have the most interesting broad experience
0:01:53 and also I think political background.
0:01:54 So I wanted to talk to you
0:01:56 about everything that’s going on in the world.
0:01:58 And I wanted to ask you guys some of the dumb questions
0:02:00 that I ponder alone with myself
0:02:02 and with my dumb friends and my WhatsApp group.
0:02:06 It feels to me that the world is at a real moment
0:02:08 of transition in many regards.
0:02:09 So like social transition,
0:02:11 cultural transition, economic transition.
0:02:14 And I think the US has been a catalyst for all of that.
0:02:16 So that’s why I wanted to have this conversation today.
0:02:18 We’ve got an American here,
0:02:20 I think Scott’s the only American here.
0:02:21 We’ve got Constantine,
0:02:23 we’ve got Daniel, who are two Brits,
0:02:26 but spend a lot of time between America as well.
0:02:28 And so I want to come to Scott first
0:02:29 and ask Scott a question,
0:02:31 which is a very big broad question,
0:02:33 which is from your perspective, Scott,
0:02:36 you know, when I talk about this feeling of transition,
0:02:38 that seems to be like almost inside my chest
0:02:40 that we’re at a really historic moment.
0:02:41 What is your analysis on this?
0:02:43 What is the big picture here?
0:02:46 What’s happened over the last three, four, five, six,
0:02:47 seven months?
0:02:51 And how is that going to impact all of us around the world?
0:02:56 – Well, if you think of the US as setting the tone,
0:02:59 economically, and maybe even culturally for the West,
0:03:03 there’s definitely a reversion away from,
0:03:05 people feel that, quote unquote, wokeism,
0:03:07 and I don’t like to use that word, but I’ll use it here,
0:03:11 was this sort of overcorrection to systemic racism,
0:03:14 and then it began to cause more damage
0:03:15 than it was,
0:03:19 or caused more problems than it was solving.
0:03:21 And I think there’s been a serious kind of lurch back,
0:03:25 if you will, whether it’s executive actions,
0:03:27 declaring the border, a state of emergency,
0:03:31 stuff around, saying that gender is a thing,
0:03:34 there’s male and female.
0:03:36 And most of these issues,
0:03:38 the actually American public supports,
0:03:40 I would say on a more cynical level,
0:03:43 America used to be a platform for prosperity,
0:03:45 the protection of civil rights,
0:03:49 the projection of women’s rights
0:03:51 and power and democracy abroad.
0:03:54 And I would argue that it feels like a pretty quick transition
0:03:56 to almost like a,
0:03:58 I call it a kleptocracy,
0:04:00 but America’s become a platform
0:04:05 for acquiring wealth and then leveraging that wealth
0:04:07 as a means or a proxy of power.
0:04:08 And the ultimate example of that
0:04:10 was the launch of two meme coins,
0:04:12 the Trump coin and the Melania coin,
0:04:14 the day before the presidency,
0:04:17 such that this conversation could have already
0:04:20 or might happen this week and I’ll finish here.
0:04:22 President Trump, it’s Vlad,
0:04:25 we’re thinking about stabilizing our currency
0:04:29 or trying to send the outflows of our reserves.
0:04:31 So we’re thinking about pulsing in about
0:04:34 600 billion rubles into the Trump coin,
0:04:36 which based on my economist estimation,
0:04:40 would take the value of it to a $20 or $30 billion market cap,
0:04:43 making you one of the wealthiest men in the world,
0:04:45 Mr. Trump, and none of this would be disclosable
0:04:46 or transparent.
0:04:48 Also in unrelated news,
0:04:52 we’d really appreciate you seizing arm shipments to Ukraine.
0:04:55 – So I think we’ve gone kind of full kleptocracy
0:04:58 is the way I would describe it.
0:04:59 – Are you optimistic, Scott?
0:05:02 – Well, I’m a glass half empty kind of guy.
0:05:05 I don’t, I don’t know if I’m just getting older,
0:05:09 but no, I don’t see a man convicted of sexual abuse
0:05:12 or found liable who inspired an insurrection,
0:05:15 retaking the White House as a point of light
0:05:17 for the American experience.
0:05:21 – Constantine, I suspect you’d have a slightly different view
0:05:23 on all of the above.
0:05:25 How are you feeling about everything that happened yesterday?
0:05:27 Did you watch the inauguration?
0:05:30 What is your big picture, 30,000 feet view?
0:05:33 – I think it’s incredibly unwise to make bold predictions
0:05:36 about what’s gonna happen over the next six to seven months.
0:05:41 I do think what America had at the election
0:05:43 and what the election of Donald Trump represents
0:05:46 is something that we in the UK don’t have, which is choice.
0:05:47 They had a very clear choice
0:05:50 between two very different perspectives on the world,
0:05:52 between two very different approaches,
0:05:54 between two very different candidates.
0:05:59 And ultimately, criticisms of President Trump
0:06:02 are necessary and legitimate, of course they are.
0:06:03 But at the end of the day,
0:06:06 I believe having spent quite a lot of time in America
0:06:08 around election time and also just generally
0:06:10 and traveling around real America,
0:06:13 not just in DC and LA and New York,
0:06:16 that the reason that he was elected
0:06:20 was that the American people are not prepared
0:06:22 to accept what Europeans have decided
0:06:25 they’re prepared to accept, which has managed decline.
0:06:28 The American people do not want their country to become weaker.
0:06:30 They do not want it to become poorer.
0:06:33 They do not want to impoverish
0:06:35 their fellow citizens through net zero.
0:06:37 What they want is their country to be great,
0:06:39 their country to be powerful,
0:06:41 their country to be influential.
0:06:44 The economic realities for most Americans
0:06:47 are not really reflected in the figures that we are told.
0:06:50 So when people talk about inflation,
0:06:52 the reality of people’s lives on the ground
0:06:54 is that the cost of living has gone up
0:06:58 very, very significantly over the last few years.
0:07:01 And that’s not always reflected directly
0:07:04 in the overall inflation figure that we’re shown,
0:07:06 because certain things are much more influential
0:07:08 in people’s lives than others.
0:07:12 And so whether the decision to elect President Trump
0:07:17 ends up being this positive thing
0:07:19 for which there should be lots of optimism
0:07:22 is a matter of the next four years.
0:07:25 Are we going to see a presidency
0:07:26 that really does everything it promises?
0:07:28 And by the way, if you look at the things
0:07:31 that Donald Trump is promising,
0:07:33 I think whether you’re left or right,
0:07:35 you have to acknowledge that they are things
0:07:37 that are worth doing.
0:07:38 Having a secure border
0:07:41 so that people don’t come into your country legally
0:07:43 is a basic duty of government.
0:07:47 Economic prosperity is a basic duty of government.
0:07:51 Withdrawing America from a kind of
0:07:55 simultaneously aggressive but weak posture around the world
0:07:56 where America sort of says,
0:07:58 “Yeah, yeah, we’re going to get involved
0:07:59 “in these foreign conflicts,
0:08:01 “but we’re not actually going to then practically
0:08:03 “help Ukraine win that war.”
0:08:07 Is a kind of stupid position on both whichever side you’re on.
0:08:09 So on all of these things,
0:08:12 and of course, Scott mentioned workness.
0:08:13 I think he’s absolutely right
0:08:17 that there is a massive backlash happening around the world
0:08:18 because lots and lots of people
0:08:21 who were completely apolitical
0:08:23 until the last three or four years
0:08:27 or maybe until 2016 just feel like the world has gone crazy
0:08:29 and suddenly they’re supposed to pretend
0:08:31 that men can change sex and become women
0:08:34 and now they’re entitled to be in female prisons.
0:08:37 And if your teenager says that they are the opposite sex,
0:08:38 you’re supposed to chop their breasts off.
0:08:40 And all of this other stuff
0:08:41 that ordinary people just look at and go,
0:08:43 “This is crazy.
0:08:45 “Like, I am liberal, but this isn’t liberal.
0:08:48 “This is some kind of weird thing that’s going on.”
0:08:51 And I see the backlash against all of that
0:08:53 all over the Western world.
0:08:56 And I think Donald Trump signifies
0:08:58 that people have fed up of that.
0:09:02 And I have been warning for a very long time
0:09:07 that if the woke left continues to exercise
0:09:10 this level of influence on our public debate,
0:09:12 the reaction will be the rise of the right.
0:09:17 And Donald Trump is one of the most diplomatic
0:09:20 and pleasant versions of what you’re likely to get
0:09:22 if the left keeps going crazy.
0:09:27 We will see what challenges the world throws at him
0:09:28 over the next four years
0:09:31 and whether he’s capable of responding to them.
0:09:34 – Scott, has the left lost its way in your view?
0:09:36 And if so, how did that happen?
0:09:38 And just to respond on some of Constantine’s points
0:09:42 about Trump being the best of a sort of right-wing collective,
0:09:45 are we gonna see right-wing sort of ideologies
0:09:48 spread throughout the Western world over the coming years?
0:09:51 What’s your take on all of the above?
0:09:54 – You definitely, you know, we Democrats,
0:09:58 we get it right and then we just go too damn far.
0:10:02 And so I look at, I’m a professor on a campus.
0:10:05 DEI, 60 years ago, there were 12 Black people
0:10:07 of Princeton, Yellen, Harvard combined.
0:10:08 That was a problem.
0:10:10 Race-based affirmative action makes sense.
0:10:13 This year, more than half of Harvard’s freshman class
0:10:14 identifies as non-white.
0:10:18 But 70% of those non-whites come from dual income homes
0:10:21 in the upper quintile of income earning homes.
0:10:23 The academic gap between black and white
0:10:25 used to be double what it was between rich and poor.
0:10:26 It’s now flipped.
0:10:30 So DEI was a good idea that quite frankly has gone insane
0:10:32 and now just represents the same racism
0:10:35 it was trying to do away with.
0:10:39 So, and then we created two candidates
0:10:43 who were the only candidates who could make each other viable.
0:10:45 Vice President Harris, given the hands she dealt with,
0:10:46 did the best she did.
0:10:48 I think President Biden should be buried
0:10:51 in a crypt of entitled narcissist who decided
0:10:54 that it made sense for him to go back on his pledge
0:10:56 to be a transition candidate
0:10:59 and gave us a British-style election timing
0:11:02 on the Democratic side in a marketplace
0:11:04 where we need time and money.
0:11:07 So it was not, we did not have a great candidate.
0:11:11 There is an understandable swing back
0:11:14 from what is an overcorrection around some of these issues.
0:11:17 You know, parents, we gave them a huge issue
0:11:18 with transgender rights.
0:11:20 There’s a hundred, there’s more peddle players
0:11:22 in California than transgender people.
0:11:24 And yet the Democrats decided to conflate it
0:11:26 with the civil rights movement
0:11:31 and think that it was okay for a woman who transitioned
0:11:34 to transgender women to enter a bicycle race
0:11:36 and finish five minutes before everybody else.
0:11:37 And then we all bark up the same tree
0:11:39 and decide that it’s inspiring.
0:11:41 And parents all over the nation are saying,
0:11:44 what has, you know, we’ve literally gone crazy.
0:11:46 Where I would disagree a little bit with Constantine
0:11:49 is that America choosing economic growth and prosperity.
0:11:51 There are 190 sovereign nations in the world.
0:11:54 189 would change places with America
0:11:56 over the last four years.
0:11:58 We hit 71 new record highs in the markets.
0:12:00 97% of all AI,
0:12:02 we’ve created more market capitalization
0:12:05 and a seven mile radius of SFO International Airport
0:12:07 than Europe’s created in the last 20 years.
0:12:09 We have the lowest inflation in the G7.
0:12:10 We have the highest growth.
0:12:12 We’ve grown 10% since 2020.
0:12:15 That’s triple the rate of Europe.
0:12:19 Biden was unable to communicate any of that effectively
0:12:21 because there’s this psychological dynamic
0:12:23 that when your wages go up,
0:12:24 you credit your own grit and character.
0:12:26 And when the price of cereal goes up,
0:12:28 you blame the president.
0:12:29 Now, similar to the future,
0:12:32 or how William Gibson described the future,
0:12:33 it’s here, it’s just not evenly distributed.
0:12:37 Prosperity is unprecedented in the US
0:12:37 over the last four years.
0:12:40 It just wasn’t evenly distributed.
0:12:42 Now, having said that,
0:12:45 in America you can stop working in August
0:12:46 and you’ve produced more and made more money
0:12:49 than you have in Europe the whole year.
0:12:50 And it has gotten better.
0:12:52 It’s got, it says things are less bad
0:12:54 than anywhere in the world in the US.
0:12:56 Biden was unable to communicate it
0:12:58 and then talking about how great the economy is
0:12:59 when rents were skyrocketing,
0:13:01 tuition was going up.
0:13:02 It was an ineffective strategy,
0:13:04 but I don’t think it’s fair to say
0:13:06 Americans chose prosperity.
0:13:07 We have prosperity.
0:13:09 I would argue that quite frankly,
0:13:11 some of the Republican ideals are on deficit spending,
0:13:12 which are nothing but taxes
0:13:15 on future generations pulled forward.
0:13:17 I mean, we’ll see how that works,
0:13:21 but his signature policies clamp down on immigration,
0:13:25 tariffs, these things are wildly inflationary.
0:13:27 So it constantly it’s right, it’s gonna be difficult.
0:13:29 It’s, you don’t know what’s gonna happen,
0:13:31 but it feels to me, I would argue
0:13:34 that my favorite appointment in the Trump administration
0:13:37 in the adult in the room is the 10 year bond,
0:13:39 which is gonna say, sorry, girlfriend,
0:13:41 when I believe the president tries to implement
0:13:43 some of these economic policies.
0:13:45 – Constantine, is that true?
0:13:46 ‘Cause what I heard there is that effectively
0:13:49 Trump had a better marketing campaign.
0:13:51 And that reality is somewhat different
0:13:53 from what the Americans were sold
0:13:55 in the last election cycle.
0:13:58 – Well, politics is about marketing
0:14:00 and Trump is the marketer and chief.
0:14:02 He’s very good at branding and selling ideas.
0:14:05 And partly that’s what politics is about.
0:14:06 But in terms of the economy,
0:14:08 I think Scott is entirely right.
0:14:11 It’s one of the reasons I admire America so much,
0:14:13 the sense of dynamism and economic growth
0:14:16 and the desire to create things and build things.
0:14:18 It’s an observation I’ve had every time I’ve been there.
0:14:22 If you have a successful restaurant in the UK,
0:14:24 you go, well, I’ve got a successful restaurant.
0:14:26 In America, if you have a successful restaurant,
0:14:28 you open a second one and a third one
0:14:29 and you create a chain, right?
0:14:32 So their attitude to business more broadly
0:14:34 is fantastic and I love it.
0:14:36 But I think the difference is that I don’t think Americans
0:14:40 were comparing the American economy under Joe Biden
0:14:41 to the European economies.
0:14:44 They were comparing the American economy under Joe Biden
0:14:47 to the American economy under Donald Trump
0:14:50 in his first term and also what they expect him
0:14:53 to do for the future, when they look at the fact
0:14:56 that he’s got real business leaders in government now,
0:14:59 like Vivek Ramaswamy and Elon Musk
0:15:01 talking about government efficiency.
0:15:04 We have to admit that all Western countries
0:15:06 have a massively bloated civil service,
0:15:08 what we call civil service in the UK
0:15:11 and the administrative state in the US
0:15:13 that wastes a huge amount of money
0:15:17 that produces very little in terms of output in many cases
0:15:18 and that needs to be slimmed down
0:15:20 and people I think are very excited about that.
0:15:23 And when I talk to business leaders in America,
0:15:26 including ones that were never on the Trump train,
0:15:30 so to speak, so many of them went over to his side
0:15:33 in this election cycle because they just felt
0:15:38 that he was going to continue to accelerate American growth
0:15:42 and continue to deliver prosperity for the American people.
0:15:44 Now, Scott’s point about tariffs
0:15:46 and all of these other things.
0:15:50 I’ve listened to Donald Trump enough now
0:15:52 to know that you not necessarily,
0:15:55 should not necessarily be taking him literally.
0:15:57 I think many of the things he says
0:16:00 are negotiation tactics and signaling.
0:16:03 So when he says, I’m going to build this
0:16:04 or do that or do this,
0:16:07 you have to sort of read between the lines.
0:16:10 When he says, you know, this’ll be the worst thing
0:16:12 that you just go, he’s saying to people,
0:16:13 like you better work with me,
0:16:15 otherwise this is gonna work out badly for you
0:16:17 on all of these things.
0:16:20 And so it remains to be seen whether he’s successful
0:16:22 in those tactics of getting what he wants.
0:16:25 Look, America is always going to be an unequal society.
0:16:29 It’s designed in a way that is going to make it that way.
0:16:32 In America, the focus is how do we grow the pie?
0:16:34 In Europe, the focus is how do we divide it up
0:16:37 so everyone gets their fair little share, right?
0:16:40 So Americans are about expanding the pie
0:16:42 and then the people who bake the pie
0:16:45 get as much of it as they possibly can.
0:16:48 But the question is, can there be a sense in America
0:16:50 that the American dream is alive,
0:16:54 that you do not have to work three gig economy jobs
0:16:55 to pay your rent,
0:16:57 that you’re gonna be able to buy a house,
0:17:00 that you’re gonna be able to afford to have children,
0:17:03 that you’re going to be able to raise a family,
0:17:04 perhaps on a single income,
0:17:07 something that most people only dream about nowadays.
0:17:11 That’s really what this whole economic conversation is about.
0:17:13 And we will see over the next four years
0:17:15 if Donald Trump is able to slightly even change
0:17:17 the direction of travel towards those things
0:17:21 that actually Americans of my generation
0:17:24 and older used to take for granted
0:17:27 as the promise of the country that they live in.
0:17:30 – I’ve thought a lot about this over the last couple of weeks
0:17:32 in particular, because we’re hearing these big headlines
0:17:33 in national papers in the UK
0:17:37 that millionaires are leaving the UK in historic numbers.
0:17:40 I think it’s 10,800 millionaires left last year,
0:17:44 which is an increase of about 160% versus the previous year.
0:17:46 And the general sentiment
0:17:48 in terms of business confidence in the UK
0:17:51 is that a several year low.
0:17:55 So I think the lowest it’s been since just post pandemic,
0:17:57 there’s this, I think it’s the Institute of Accountants,
0:17:59 they call up a thousand accountants every year
0:18:02 and they run a survey to see how much confidence
0:18:04 they have in business in this country.
0:18:08 And it’s fallen 14 points to 0.2% confidence
0:18:09 in terms of business.
0:18:11 But there’s this bigger narrative
0:18:13 emerging amongst my entrepreneurial friends
0:18:14 that if you wanna start a business right now,
0:18:17 the best place to be in the world is to be in America.
0:18:20 It’s to get over to America and to leave the UK.
0:18:21 Now, Dan, how does that square,
0:18:23 I know you have an accelerator,
0:18:24 you speak to lots of entrepreneurs.
0:18:27 How does that sort of compare or contrast
0:18:28 with what you’re seeing at the moment?
0:18:31 – Yeah, 100%, the value proposition for the UK
0:18:34 has dropped through the floor, very, very high tax.
0:18:37 The ecosystem of business is in decline.
0:18:40 Some of the smartest people are now in Dubai.
0:18:43 Some incredible creators that I know have moved to Singapore,
0:18:47 Hong Kong, Dubai, many are going to the USA.
0:18:51 So if people are interested in bigger markets
0:18:52 and bigger opportunities, they’re into the USA.
0:18:54 If they’re interested in lower tax
0:18:57 and more fringe opportunities, they’re in the Middle East.
0:19:03 And essentially, the UK hasn’t found a place in the world.
0:19:04 I think there are three business models
0:19:09 the UK could go for, which is either the head office of Europe,
0:19:13 which is what we were when we were inside the EU,
0:19:18 and everyone used to come here to build a European business.
0:19:21 We could be the back office of the USA.
0:19:23 So the incubator for the USA,
0:19:27 a lot of smart companies get to their first 50 million
0:19:28 of value here in the UK
0:19:30 and then sell to a US private equity firm
0:19:32 or a US listed company.
0:19:36 And a lot of US companies are now actually coming here
0:19:39 to poach talent or to outsource things to the UK
0:19:42 more cheaply than they could do it in the US.
0:19:46 The wages in the UK are through the floor
0:19:48 compared to what you would pay in the US,
0:19:50 especially in tech roles.
0:19:53 So very smart people in the UK are massively devalued.
0:19:56 And then the third option would be
0:19:59 to be an independent tax haven
0:20:06 and to go with the low crime, low tax model of Dubai, Singapore,
0:20:07 you know, those kind of options.
0:20:10 So we haven’t really picked one of those three yet.
0:20:13 We’re still, you know, all these years after Brexit
0:20:17 and we haven’t said which of those three models we wanna adopt.
0:20:21 – Scott, you moved here a couple of years ago to the UK.
0:20:24 And despite everything that’s going on in the UK,
0:20:27 are you still bullish on this being a place
0:20:29 for entrepreneurship and business?
0:20:30 – I was looking at some stats
0:20:31 before we started this conversation
0:20:35 around the sort of key areas of concern for me.
0:20:36 Business stats I’ve talked about there,
0:20:38 the drop in business confidence,
0:20:40 the entrepreneur exodus that we’re seeing,
0:20:44 but things like knife crime in the UK are up 81%
0:20:45 over the last decade,
0:20:47 which I think is a symptom probably of something else.
0:20:49 And one of the big things I think a lot about
0:20:52 as an entrepreneur at the moment is artificial intelligence.
0:20:54 And our investment in artificial intelligence
0:20:56 from a global perspective is down about 2,000%
0:20:58 versus a country like America.
0:21:01 So you’ve moved here, you’ve brought your family here.
0:21:04 Are you bullish on the UK versus the US
0:21:06 from an entrepreneur’s perspective?
0:21:09 – So the question I get most frequently when I speak here
0:21:11 is to compare and contrast the US with the UK.
0:21:13 And I use a personal anecdote.
0:21:17 My parents immigrated to the US from Glasgow and London
0:21:21 when they were 19 and 22, they took enormous risks.
0:21:22 I’ve been an entrepreneur my whole life.
0:21:25 I like to think that’s a lot of my successes and my fault
0:21:27 that I inherited sort of that risk taking DNA.
0:21:29 And when I speak to people in the UK,
0:21:33 I say the primary difference is you’re the ones that stayed.
0:21:37 And that is it kind of comes down to a risk appetite.
0:21:39 The US has five times per capita
0:21:40 the number of entrepreneurs.
0:21:44 It has five times the dollar volume per startup.
0:21:46 There’s $5 million in venture capital
0:21:49 waiting to be deployed for every startup
0:21:51 in the US versus one million in Europe.
0:21:54 I love what Constantine said about a restaurant.
0:21:55 I went into this great little restaurant
0:21:57 and so a few weeks ago called Dig In.
0:21:59 And I loved it so much, I said,
0:22:01 I left my card and said, can you have the owner?
0:22:05 I’d like to open another one, does he need money?
0:22:07 I would never, I just would never do that here.
0:22:10 I thought that was a really interesting insight
0:22:14 and the collision of risk, crazy ideas
0:22:16 that occasionally become crazy genius
0:22:20 and technology and intellectual property
0:22:22 and great universities results in a company
0:22:24 that no one had heard of five years ago
0:22:28 being worth more than the entire UK stock market in Vidya.
0:22:31 So there’s just an enormous difference.
0:22:33 The way I would summarize my impression
0:22:37 of the UK economy, I’ll just say London,
0:22:39 I have no experience in it.
0:22:41 I don’t go anywhere that’s not walking distance
0:22:45 from Marlborough and so my bubble is pretty opaque.
0:22:47 But the way I would describe the economy here
0:22:49 is I love the term the Butler economy
0:22:51 and that is all the money I see being made here
0:22:55 is people servicing wealth created somewhere else.
0:22:58 Yeah, you’re either in financial services,
0:23:01 servicing rich people, you’re either opening a restaurant
0:23:04 or hospitality servicing rich people,
0:23:06 but I don’t see a lot of organic wealth creation.
0:23:09 I interviewed the two quote unquote inventors of AI
0:23:10 at one of your prestigious universities.
0:23:12 My first question is how the hell
0:23:15 were you not able to make any money if you invented AI?
0:23:17 Why haven’t you been able to capture any money?
0:23:18 But just for your listeners,
0:23:22 my summation of Europe versus the US
0:23:25 after molesting the earth fell last 35 years
0:23:27 is US is still the best place to make money
0:23:30 and Europe is still the best place to spend it.
0:23:33 – Is this a failing nation, Scott?
0:23:34 – I think you have too much going for you
0:23:36 to be described as a failing nation.
0:23:38 You still have amazing universities.
0:23:40 It’s the second, London’s still the second best city
0:23:42 in the world.
0:23:44 Premier League, it’s an unbelievable export.
0:23:45 I know how ridiculous that sounds.
0:23:46 People want to be here.
0:23:48 There’s still rule of law, rule of play.
0:23:50 You still produce amazing rock and roll.
0:23:54 I just don’t see how you could say this is a failed.
0:24:00 I would argue that the second only to our entry into Iraq,
0:24:02 the greatest self-inflicted wound was Brexit.
0:24:05 Like just, an American can’t understand
0:24:08 why you would decide to increase your prices
0:24:10 while reducing productivity and one fell swoop.
0:24:14 It’s difficult for us to wrap our heads
0:24:17 around some of the economic decisions the UK has made.
0:24:20 But I think a lot of people are kind of betting
0:24:24 or hoping that the UK begins to grow again.
0:24:26 So in a weird way, I’m sort of,
0:24:29 I would call myself cautiously optimistic about the UK.
0:24:32 I think at some point it registers,
0:24:35 it begins to occupy the place it should command,
0:24:37 if you will.
0:24:40 – Constantine, I would ask the same question to you as well.
0:24:42 Do you think the UK is a failing nation
0:24:44 and Scott describes self-inflicted wounds there?
0:24:46 I’ve heard you speak of self-inflicted wounds
0:24:48 when you talk more broadly about the West
0:24:51 and what the West needs to do to turn itself around.
0:24:53 And also just layering a third point on top of that,
0:24:55 which is somewhat linked to this,
0:24:58 is Elon Musk has taken a particular interest in the UK
0:25:01 over the last month in particular,
0:25:03 and he’s started to describe it online,
0:25:06 it seems, as a failing nation.
0:25:07 What’s your view?
0:25:09 – Well, I’m glad you asked me about Elon Musk
0:25:11 because the thing that I love most about the media,
0:25:13 having this massive meltdown about,
0:25:16 oh no, these Americans are interfering in our political,
0:25:19 these are the same media commentators
0:25:22 who are constantly banging on about American politics
0:25:24 and saying, Donald Trump needs to do this,
0:25:25 you need to vote for this.
0:25:27 Like all of this stuff is ridiculous.
0:25:31 The reality is we download our culture, our politics,
0:25:35 our music, almost everything from America, right?
0:25:37 America has become what Britain used to be,
0:25:40 which is the center of Western civilization.
0:25:44 And my request and ask in begging of British people
0:25:47 is if we’re going to download American culture and politics,
0:25:49 let’s at least take the good stuff
0:25:51 instead of all this terrible woke shit
0:25:53 that we downloaded from them,
0:25:55 the DEI and all this other nonsense,
0:25:57 and actually take the entrepreneurial spirit
0:26:00 and all these other things that are really great
0:26:03 about America, the optimism, the positivity,
0:26:05 the willingness to have a go,
0:26:09 to take a risk as Scott was talking about.
0:26:11 So I wish we took more of that
0:26:13 and it speaks to your question about,
0:26:15 are we a failing nation?
0:26:19 Look, I think it’s a deliberately inflammatory question,
0:26:23 which I don’t want to kind of actually accept in that way.
0:26:26 But what I think we should acknowledge is,
0:26:29 are we trending up or are we trending down?
0:26:33 And when you talk about over 10,000 millionaires of left,
0:26:38 I hear that through a normal British person’s ear.
0:26:41 And I worry that there’s quite a lot of British people
0:26:43 who will hear that and say,
0:26:47 “Oh, good, all of these rich parasites have left.”
0:26:50 Because that’s our attitude in the UK to a very large extent.
0:26:53 We see wealthy people, not as what they are,
0:26:55 which is for the most part, not everybody,
0:26:56 but for the most part,
0:26:59 people who’ve created a tremendous amount of value
0:27:01 for their fellow human beings.
0:27:03 And as a result of that, have been rewarded.
0:27:07 We see them because we have this history
0:27:08 of the landed gentry.
0:27:11 And so to us, a millionaire is someone
0:27:15 who has these ill-gotten gains that they don’t deserve, right?
0:27:17 That is not really the world we live in.
0:27:19 When I talk to wealthy people in this country
0:27:21 and pretty much everywhere else,
0:27:24 for the most part, especially in the Western world,
0:27:26 these are people who’ve created something
0:27:29 that has fundamentally helped other human beings
0:27:32 do something better, do something easier,
0:27:34 buy products cheaper, whatever it is.
0:27:37 That’s who the successful people really are.
0:27:39 And we just need an attitude shift.
0:27:41 That’s what we should be downloading from America.
0:27:43 What we should be saying inside our heads
0:27:45 is this person is successful
0:27:48 because they’ve helped other people great.
0:27:51 We want, how do we get more of those people into our country?
0:27:53 And I’m afraid I’m telling you something
0:27:55 that you know better than anyone, Stephen.
0:27:57 If you don’t have entrepreneurs in your country
0:28:00 creating businesses and creating jobs,
0:28:03 the economy is going to stagnate for the rest of eternity.
0:28:06 We have to get smart, talented, driven people
0:28:09 into our country instead of chasing them out.
0:28:10 – Dan, I know this is a subject
0:28:11 that you’re very passionate about
0:28:14 and Constantine’s articulated it really, really well.
0:28:16 I’ve seen lots of your posts about this subject, Dan.
0:28:17 What are you saying?
0:28:20 Is it true that the British attitude
0:28:21 is a form of self-harm
0:28:24 that’s holding us back from our potential?
0:28:27 – There are definitely attitudinal factors,
0:28:28 but you’ll also get the most incredibly
0:28:30 entrepreneurial people here in London.
0:28:33 London is a melting pot for creativity.
0:28:35 You’ve got, sitting in one city,
0:28:37 you’ve got people who are phenomenal at media,
0:28:42 finance, technology, entertainment, politics, defense.
0:28:46 Like all of this, like if you take the best of LA
0:28:49 and Washington and New York and Miami
0:28:51 and kind of start moving it into one city,
0:28:54 you know, you get elements of that in London.
0:28:56 It’s a very diverse city from that point of view
0:28:59 and it creates an entrepreneurial melting pot.
0:29:00 The issue is taxes.
0:29:05 Nobody wants to pay 60% of their income in taxes.
0:29:08 And as soon as you hit, you know, in the US,
0:29:10 you don’t hit the top tax rate
0:29:12 until you are six times the average wage.
0:29:14 Here in the UK, it’s two and a half times.
0:29:17 So as soon as you’re two and a half times the average wage,
0:29:19 you are, you’re in real trouble.
0:29:21 There are so many people in the UK
0:29:25 who deliberately hold their income at 50,000 pounds
0:29:27 because after 50,000 pounds,
0:29:29 you get taxed 40% of your income.
0:29:31 So people just give up and they say, I’m not going,
0:29:34 I know some really smart, really talented people
0:29:36 who could be earning a lot more
0:29:39 and they refuse to pay the 40% rate.
0:29:40 So they like keep everything small
0:29:43 because they don’t wanna go from 20 to 40%
0:29:45 at the 50 grand rate, which is crazy.
0:29:47 And I’ve employed people who have said,
0:29:48 can I have a day off a week
0:29:51 rather than going over that threshold?
0:29:55 So, you know, that’s a huge issue, the tax issue.
0:29:57 The company rate tax is high.
0:30:00 The corporate capital gains rate is tax very high.
0:30:02 The VAT is high.
0:30:04 The council tax is high.
0:30:07 All of these additional taxes just keep piling up.
0:30:09 And then the other cost at the moment,
0:30:12 if we wanna have an AI economy, we need cheap electricity.
0:30:14 One thing that Trump has committed to
0:30:16 is really, really cheap energy.
0:30:21 There is no such thing as a fast growth high,
0:30:24 you know, high octane economy that has expensive energy.
0:30:26 Cheap energy equals fast growth.
0:30:29 And we have the most expensive energy in the world.
0:30:31 We can’t run data centers here
0:30:34 because the energy cost is gonna be too high.
0:30:37 So if we wanna have an AI driven economy, you know,
0:30:39 we can’t do it with windmills and solar panels
0:30:41 that have got frost all over them.
0:30:45 – Scott, you look like a lot of thoughts
0:30:46 are going through your head following those two comments.
0:30:48 What are you thinking?
0:30:50 – Well, with respect to energy,
0:30:52 Trump is shooting executive order,
0:30:54 calling it an energy crisis.
0:30:56 Gasoline in the U.S. on an inflation-adjusted basis
0:30:58 is less expensive than it was 50 years ago.
0:31:01 We are now the largest oil producer in the world.
0:31:05 I would argue that we have a housing crisis
0:31:08 and that the executive order should have been around that.
0:31:09 Just going back to the U.S.
0:31:11 and I’m curious at the same dynamics
0:31:14 and whether Konstantin and Daniel agree with us.
0:31:16 I believe this, the election in the U.S.
0:31:18 was supposed to be a referendum on women’s rights.
0:31:20 Women’s rights did not show up.
0:31:23 This was a referendum on young men in my view.
0:31:25 And that is if you look at the two cohorts
0:31:29 that swung most from blue to red versus 2020,
0:31:32 two of the three cohorts other than Latinos
0:31:34 was people under the age of 30
0:31:36 who in the U.S. are 24% less wealthy
0:31:37 than they were 40 years ago.
0:31:40 People over the age of 70 or 72% wealthier.
0:31:42 Our tax code is basically an attempt
0:31:45 to shove money from the young to the old.
0:31:48 And two, 45 to 64-year-old women
0:31:51 who I would affectionately describe as their mother.
0:31:52 And that is when your son’s in the basement
0:31:54 vaping and playing video games.
0:31:56 And I think a lot about struggling young men.
0:31:59 You don’t give a flying fuck about territorial sovereignty
0:32:02 in the Ukraine or Ukraine, excuse me, or transgender rights.
0:32:04 All you know is your kid isn’t doing well.
0:32:07 And 210 times a day, your kid’s getting a notification
0:32:10 that somebody he knows is on a golf stream
0:32:12 or partying in St. Bart’s and it’s not him or her.
0:32:16 And so we not only have young people not doing as well,
0:32:21 this pornographic wealth is just shoved in their face.
0:32:24 And you end up with, in my opinion,
0:32:26 kind of a young, struggling young men.
0:32:28 No group has fallen further faster in the world,
0:32:31 I would argue, than young men in America.
0:32:34 They are, if you go into a morgue in the United States
0:32:36 and there’s five people who’ve died by suicide,
0:32:37 four of them are men.
0:32:40 One in three men under the age of 30 has a girlfriend.
0:32:42 Two in three women under the age of 30 has a boyfriend.
0:32:43 Why?
0:32:44 You think that’s mathematically impossible
0:32:45 ’cause women are dating older
0:32:47 ’cause they want more economically
0:32:49 and emotionally viable men.
0:32:52 There’s one in five men live at home at the age of 30.
0:32:54 One in three under the age of 25.
0:32:56 They’re not having sex.
0:32:58 They’re more obese, they’re more depressed.
0:33:00 When women don’t have a relationship,
0:33:02 they oftentimes channel that energy
0:33:04 into their professional lives.
0:33:06 More women own, single women own homes in the US
0:33:09 and single men, women in urban areas under the age of 30
0:33:10 are making more money than men.
0:33:13 When men don’t have the guardrails of a relationship
0:33:15 or a job or being in school,
0:33:18 they pour that energy sometimes into unproductive things,
0:33:22 misogyny, nationalism or extreme nationalism,
0:33:23 conspiracy theory.
0:33:26 In some, they become really shitty citizens.
0:33:28 They become sequestered from society.
0:33:30 So I’m worried in the US, our biggest threat
0:33:33 is a new species of asexual,
0:33:37 asocial young men who are incredibly dangerous have lost,
0:33:39 have opted out of America.
0:33:41 60% of 30-year-olds who have one child in America,
0:33:44 and that’s 27%.
0:33:46 So people, I think in the US,
0:33:48 and I am just a genuine question,
0:33:50 I don’t know if it’s the same problem here,
0:33:53 our tax policies have taken money from the young,
0:33:55 stuffed them in the pockets of old people,
0:33:57 so Nana and Pop-Up can upgrade from Carnival
0:33:59 to Crystal Cruises.
0:34:01 Meanwhile, young people can’t afford education,
0:34:03 they can’t afford housing.
0:34:08 And we especially see this really acute emerging crisis
0:34:11 among young men who are just opting out of America,
0:34:13 who don’t even wanna try and date,
0:34:15 don’t even wanna enroll in school,
0:34:17 don’t wanna even try and get a job,
0:34:20 just stick in their basements and go on Reddit or Discord,
0:34:23 or why go try and shower, work out,
0:34:25 and get a relationship when you have U-Porn?
0:34:29 Why get a job when you can trade stocks or crypto
0:34:31 on Coinbase or Robinhood?
0:34:32 I think this is, in my opinion,
0:34:35 this is the most dangerous trend in America right now.
0:34:37 – It was almost like demonizing men for decades
0:34:39 has consequences.
0:34:42 I mean, this is what’s been happening.
0:34:45 Men are the root of all evil, the root of all evil,
0:34:47 the root of all evil, every advert is about,
0:34:49 you know, the woman is strong and capable,
0:34:51 the guy’s pathetic, in every movie,
0:34:54 the woman’s kicking ass and the man is pathetic.
0:34:56 This has been going on for decades.
0:34:59 It’s a cultural thing as well as an economic thing.
0:35:01 And many of us have been saying
0:35:05 that when you take meaning and opportunity away from men,
0:35:07 if you create an education system
0:35:10 that punishes boys for being boys,
0:35:12 if you create a society
0:35:16 in which traditional masculine virtues become vices,
0:35:19 then you will create exactly the sort of thing
0:35:20 that Scott is talking about.
0:35:22 It’s a terrible thing that’s been done.
0:35:25 Having said that, my message is always the same
0:35:27 to young men who I hope are listening,
0:35:29 which is the answer to your problems
0:35:32 is never going to be, as Scott says, porn and this and that.
0:35:35 The answer to your problems is going to take responsibility,
0:35:38 go out and get a job or create a business
0:35:40 and actually make your life better.
0:35:43 No one’s coming to save you, no one’s coming to help you.
0:35:47 There is no, there’s the sort of programs
0:35:49 that we have for women where we sort of go,
0:35:51 well, you know, let’s give them an opportunity here.
0:35:53 None of that’s happening for men.
0:35:56 It’s not going to happen because for evolutionary reasons,
0:35:57 we just don’t feel sorry for men
0:35:59 the way that we do for women.
0:36:00 That’s the reality.
0:36:02 I know it sucks, but the answer for men
0:36:05 is going to be the answer that’s always been the answer
0:36:08 for men, which is for you to get off the sofa,
0:36:11 to get off the couch and go out and actually do and create
0:36:14 and build and find your own way through it,
0:36:17 even if you have to acknowledge that the society you live in
0:36:19 has been conditioned for quite a long time
0:36:20 to think that you’re a piece of shit
0:36:23 ’cause you happen to have the genitalia that you do.
0:36:28 Now, that I think is the harsh reality of it.
0:36:30 And I think Scott is right to point this out as a problem.
0:36:33 And I hope that we start to have both
0:36:34 in terms of economic policy,
0:36:36 but in terms of also just the cultural conversations
0:36:38 and the way we talk about these issues,
0:36:41 we come back to something that human beings have known
0:36:43 through the entire history of our species,
0:36:46 which is men and women are both good
0:36:49 and need to work together in order to thrive
0:36:51 and succeed together in order to have families,
0:36:52 in order to have children,
0:36:54 and in order for us to have healthy communities
0:36:56 and healthy societies.
0:36:59 You need healthy femininity and you need healthy masculinity
0:37:02 and they need to come together and work together.
0:37:05 That’s what we’re supposed to do.
0:37:09 And these stupid gender wars and this idea
0:37:13 that men as a group are this and women as a group are that,
0:37:15 all of that just needs to end.
0:37:17 – I was watching last night as Trump sat there
0:37:19 signing all of those executive orders.
0:37:20 And I also watched his inauguration speak
0:37:22 where he said, “We will forge a society
0:37:26 that is colorblind and merit-based.”
0:37:28 And he signed a bunch of executive orders last night
0:37:31 to eliminate a variety of different DEI programs
0:37:31 in the federal government,
0:37:34 directing agencies to dismantle these practices
0:37:36 within 60 days.
0:37:37 And then over the last couple of months,
0:37:40 we’ve seen Metta come out and dismantle and reverse
0:37:41 some of their DEI programs.
0:37:44 We’ve seen McDonald’s, Walmart, Ford, Harley-Davidson,
0:37:46 Boeing, Amazon, Toyota.
0:37:50 It feels like there’s a real shift happening
0:37:54 in both, you know, sort of identity politics,
0:37:56 but also in the sort of corporate environment
0:37:59 that those identity politics have really emerged from.
0:38:03 Are you supportive of Trump’s move to roll back DEI measures?
0:38:07 – So I think there’s a lot of nuance here.
0:38:10 I would argue in universities we’ve,
0:38:15 DEI uses a giant misdirect from people such as myself
0:38:16 who are enforcers of the caste system
0:38:18 and wake up every morning and look in the mirror
0:38:19 and ask ourselves the same question.
0:38:21 How do I increase my compensation
0:38:23 while decreasing my accountability?
0:38:23 (laughing)
0:38:26 And what I found is the ultimate strategy
0:38:29 is to create an LVMA rejection as bullshit,
0:38:31 elitist strategy, where Dartmouth sits on
0:38:36 an endowment of $8 billion and lets in 500 kids.
0:38:39 So the conversation around who gets in
0:38:41 is a misdirect from the important question
0:38:42 that is how many.
0:38:44 If you are not growing your endowment
0:38:46 or your freshman class faster than population,
0:38:48 you should lose your tax-free status.
0:38:50 We should be letting in more gay kids, more trans kids,
0:38:53 more white Republicans from rural states.
0:38:54 You know who doesn’t talk about DEI?
0:38:57 Junior colleges, ’cause there’s no admissions.
0:38:59 They don’t have a problem with DEI.
0:39:02 So I think DEI on campus has ended up eating its own tail,
0:39:05 started out with the right idea, now it’s nothing.
0:39:07 And I would argue the same as somewhat true
0:39:08 the Democratic Party.
0:39:11 I went to the Democratic National Convention.
0:39:15 On the dnc.org website, it lists 17 special interscripts
0:39:18 and it says explicitly who we serve.
0:39:22 Asian Pacific Islanders, seniors, veterans,
0:39:24 black Americans, the disabled.
0:39:26 It basically lists, I added this up,
0:39:28 76% of the population.
0:39:31 And when you say you’re actively advocating
0:39:33 for 76% of the population,
0:39:36 you’re not advocating for 76% of the population,
0:39:38 you’re discriminating against the 24%.
0:39:39 It’s gone too far.
0:39:41 I would argue in the workplace,
0:39:44 having served on seven public company boards
0:39:47 and I’m gonna do a lot of boasting here
0:39:49 ’cause I’m desperate for all of your affirmation
0:39:51 and 12 private company boards.
0:39:54 There’s still work to be done in the private sector.
0:39:59 There still is a cycle, 40% of all venture capitalists
0:40:02 and probably 70 or 80% of all venture capital deployed
0:40:04 are white guys from just two universities,
0:40:06 Stanford and Harvard.
0:40:08 So I would argue universities, it’s gotten out of control.
0:40:11 I’d love to see the DEI apparatus disassembled
0:40:12 along with the ethics department,
0:40:15 the sustainability department, the leadership department.
0:40:16 These are all bullshit where we hire
0:40:18 formerly important people with no standards.
0:40:19 They never get fired.
0:40:22 It just translates to more student debt.
0:40:25 In the boardroom, in corporations and certain sectors,
0:40:29 I do think there is a need to be thoughtful
0:40:31 about broadening the aperture of the lens
0:40:34 and bringing in people who are underrepresented.
0:40:38 There’s still a dearth of women raising venture capitalists.
0:40:41 So I think it’s nuanced based on sector,
0:40:45 but to just say all DEI is bad,
0:40:47 I wanna move to where the University of California
0:40:48 did in 1997.
0:40:50 They don’t have race-based affirmative action.
0:40:53 They have adversity-based affirmative action.
0:40:55 I’m a beneficiary of affirmative action.
0:40:57 I had something called Pell Grants.
0:40:59 I was raised by a single immigrant mother
0:41:01 who lived and died a secretary, so I got grants.
0:41:06 I had unfair advantage because I came from a household
0:41:07 that was low income.
0:41:10 And I think that there should be affirmative action
0:41:12 and I should think it should be based on color,
0:41:13 but that color is green.
0:41:17 The poor need our help.
0:41:19 The moment you start advocating
0:41:23 for special advantage based on any external factors,
0:41:25 I think at this point in our society,
0:41:28 it probably causes more problems than it solves.
0:41:30 – That’s exactly right.
0:41:31 That’s exactly right, Stephen.
0:41:34 And I think if we take a step back and look at why DEIs
0:41:36 become such a big part of the conversation,
0:41:39 it’s precisely because instead of addressing
0:41:41 the reality of people’s lives,
0:41:43 which is some people are disadvantaged
0:41:45 and some people are advantaged,
0:41:46 actually what we’ve mainly done,
0:41:49 and the Scott alluded to at the very beginning
0:41:53 of our discussion is we’ve given a leg up
0:41:57 to very wealthy ethnic minority people
0:42:00 from successful families and they now,
0:42:04 their children now get into prestigious universities,
0:42:08 which they probably would have done anyway,
0:42:11 some of them because they come from very advanced backgrounds
0:42:13 and the kids that are growing up in poverty,
0:42:15 black and white, have no shot whatsoever.
0:42:18 But the reason that it’s become such a big issue
0:42:20 around the Western world,
0:42:22 actually I don’t think it’s the nuances
0:42:24 that we’ve delved into here, but actually something else,
0:42:29 which is we have created the most ethnically diverse
0:42:30 societies in history.
0:42:34 And what I mean by that is not that we’ve created societies
0:42:36 in which there are large groups of people
0:42:38 who are different from each other,
0:42:40 but for the first time, probably in human history,
0:42:43 we’ve created societies in which there is
0:42:45 a lot of ethnic diversity,
0:42:47 and there is no overt discrimination
0:42:51 against some groups of people in the sense of,
0:42:53 the imperial societies in the past
0:42:55 would have had one dominant ethnic group,
0:42:58 which is the Russians in the Soviet Union,
0:43:01 or the Turks in the Ottoman Empire,
0:43:04 or the Brits in the British Empire, whatever.
0:43:06 That was the ethnic group that was like the dominant one.
0:43:09 And everybody else was a kind of second class citizen
0:43:11 and everybody knew it, right?
0:43:12 We don’t have that anymore.
0:43:14 We have highly diverse societies
0:43:17 where people of every single background exist
0:43:19 in which we have this idea
0:43:22 that we’re all supposed to be equal.
0:43:27 And when we have programs that explicitly
0:43:29 discriminate against people,
0:43:31 there were times when the discrimination
0:43:33 was explicit against black people.
0:43:35 Well, we’ve gone full circle now
0:43:38 where the discrimination was going the other way
0:43:40 in university admissions, in hiring,
0:43:43 in corporate America, in government,
0:43:44 in all sorts of things.
0:43:47 In this country, the BBC has internships
0:43:50 that aren’t available to white people, et cetera.
0:43:53 When you get to that point, as Scott said earlier on,
0:43:55 everyone just goes, “Look, I know I’m not supposed to say this,
0:43:58 “but the reality is this is racism.
0:43:59 “This is a form of racism,
0:44:02 “and I thought we were trying to get away from the racism.”
0:44:06 So to the extent that the elimination of DEI
0:44:10 is about creating a merit-based society
0:44:12 in which people are given an opportunity
0:44:14 because they’re skilled and talented
0:44:17 and they have the potential to actually achieve things
0:44:20 and create wealth, you know, we all know this.
0:44:22 We all employ people, right?
0:44:24 How many of us are thinking about the races
0:44:25 of the people we hire?
0:44:27 I don’t think we think about that at all.
0:44:30 What we’re thinking about is, “I run a business.
0:44:34 “I need the very best person for this job
0:44:35 “at the price I’m willing to pay.”
0:44:39 I don’t care if they are purple, green, blue, white, whatever.
0:44:41 It doesn’t matter.
0:44:44 What matters is, are we getting the best person for the job?
0:44:49 And my concern about identity politics has always been
0:44:53 that if we do not adopt that worldview,
0:44:55 then what we will do is create a worldview
0:44:59 in which we have different racial groups competing with each other
0:45:01 on the basis of race.
0:45:03 And that is a very, very dangerous mix
0:45:05 for a multi-ethnic society like ours,
0:45:08 which is why I’ve been begging people
0:45:12 to let go of this stupid idea of identity politics
0:45:15 and to say, first and foremost, we are all Brits,
0:45:17 or we are all Americans.
0:45:21 We have this umbrella identity under which we all operate,
0:45:26 and our personal ethnicity or sex or whatever is secondary to that,
0:45:28 and actually for the purposes of employment,
0:45:31 for the purposes of college admission, et cetera,
0:45:32 is irrelevant.
0:45:34 Yes, if there is disadvantage,
0:45:37 if we grew up in a single parent home with a low income,
0:45:39 we may need some extra support there.
0:45:44 If we had terrible schooling or education was not good,
0:45:45 we may need extra support.
0:45:48 If there are certain things that make it easier for us
0:45:50 because of the disadvantages we’ve had
0:45:55 to fulfill our talent and potential, I’m all for that.
0:45:57 But what we’ve created so far,
0:45:59 and that’s why I’m delighted it’s being eliminated,
0:46:02 is an anti-meritocratic system which says,
0:46:04 “We don’t care what you bring to the workplace.
0:46:06 “We don’t care whether you deserve this place,
0:46:09 “or we don’t care about the potential you have.
0:46:13 “Actually, we just needed an insert category tick box
0:46:14 “to fill this slot.”
0:46:17 And you fill there, it doesn’t really matter
0:46:18 that you’re not doing your job very well,
0:46:22 because now we can say, “We’re a diverse company.
0:46:23 “I don’t care about that,
0:46:25 “and we shouldn’t care about that as a society.”
0:46:27 And thank God that’s now gone.
0:46:31 Yeah, I think the worst part about it too is that it calls into question
0:46:35 when someone does succeed and they’re from a diverse background,
0:46:37 calls into question why they got that job in the first place,
0:46:39 which I think is horrible.
0:46:42 You know, I just hired from two candidates,
0:46:47 the final two candidates, was a guy and a woman.
0:46:51 I would hate if the woman felt that she got the job
0:46:54 because she’s a woman, and not because she’s best.
0:46:57 She turns out she was by far the best in the process.
0:46:58 And I would love for her to know
0:47:02 that there was absolutely nothing that changed our view.
0:47:05 We weren’t trying to fill a position with a woman.
0:47:06 We were trying to fill the position with the best,
0:47:08 and she should know she was the best.
0:47:10 I think the contrast that was really fascinating
0:47:15 was between Trump’s website and the Democrats’ website.
0:47:18 So in the Democrats’ website, it was Who We’re For,
0:47:20 which was what Scott was saying,
0:47:24 but the Trump’s website was the 20 things we’re going to do.
0:47:25 And it was just a list of 20…
0:47:27 These are the 20 action points.
0:47:29 This is what we’re going to do this, we’re going to do this,
0:47:31 we’re going to do this, we’re going to do this.
0:47:32 So it was a to-do list,
0:47:38 as opposed to the identities that we want to advantage list.
0:47:40 And I think that was the choice.
0:47:41 You know, at the beginning, Constantine,
0:47:43 you said, you know, America had a choice.
0:47:45 And for me, when I looked at those two websites,
0:47:50 I saw this choice between the identities being the main thing
0:47:53 or the to-do list being the main thing,
0:47:55 and very different approaches.
0:47:58 Scott, when I was listening to that Zuckerberg interview
0:48:00 talking about masculinity and identity issues,
0:48:02 one of the lines he said there sounded like something
0:48:04 you’ve said on my show before,
0:48:07 where he said, “I think having a culture that celebrates
0:48:08 that aggression a little bit more,
0:48:10 talking about masculinity,
0:48:13 has its own merits that are really positive.”
0:48:15 Now, Mark Zuckerberg isn’t necessarily someone
0:48:20 that I saw closely aligning to your worldview.
0:48:23 Am I right in thinking that that’s something you agree with?
0:48:24 Because I remember you saying to me,
0:48:26 you think people should be able to walk in a room
0:48:28 and kick everyone’s ass.
0:48:29 – What I’ve said on your show is that,
0:48:32 I think the male form, especially under the age of 30,
0:48:35 with its bone structure, incredible double-twitch muscle,
0:48:40 and then this amazing, amazing chemical called testosterone,
0:48:43 you’re gonna look back at your 25-year-old self
0:48:46 and think, “Why wasn’t I a fucking monster like Steve Barley?”
0:48:47 (laughing)
0:48:52 Because, and also, there is some masculinity
0:48:56 when Russian soldiers pour over the border in Ukraine.
0:48:58 You want some of that big dick energy
0:49:00 that Daniel was talking about.
0:49:02 In the case of Zuckerberg,
0:49:05 I don’t think he really understands
0:49:06 an aspirational view of masculinity.
0:49:08 I think when he couches,
0:49:11 immediately kind of trying to kiss Trump’s ass
0:49:14 because Trump threatened to put him in prison,
0:49:15 and what he used to call moderation,
0:49:17 he’s now calling censorship.
0:49:19 And when you have an algorithm
0:49:22 that elevates incendiary hateful content,
0:49:24 I would not describe that as masculinity.
0:49:26 For me, masculinity comes down to protection,
0:49:29 providing and procreation.
0:49:31 And I don’t think it’s a,
0:49:34 I think to talk about gendering a workplace
0:49:37 in the context of trying to excuse
0:49:41 a total elimination of what I would think
0:49:43 is probably healthy moderation,
0:49:45 I imagine Daniel and Constantine
0:49:46 might have a different view.
0:49:51 I don’t, I think he’s just couching his supplicant,
0:49:53 obsequious, kiss-ass behavior
0:49:55 under the auspices of masculinity.
0:49:57 It just doesn’t ring true for me.
0:50:00 And I’m not sure if we need to man up
0:50:03 or femme up organizations and companies right now.
0:50:04 When I talk about masculinity,
0:50:08 if I say at a conference,
0:50:10 oh, women are better managers.
0:50:12 Everyone goes, yes, that’s right, that’s right, right?
0:50:13 That’s okay.
0:50:15 If I say men are more risk aggressive
0:50:16 and make better entrepreneurs,
0:50:19 you’re a misogynist, you’re out.
0:50:21 And the reality is men and women
0:50:22 bring different attributes.
0:50:24 But the masculinity and femininity,
0:50:25 I think masculinity is a wonderful thing.
0:50:27 I think we need a different image of it.
0:50:28 I think people born as male
0:50:30 have an easier time leaning into those things.
0:50:32 Having said that,
0:50:35 I work out at CrossFit with a bunch of lesbian firefighters.
0:50:37 They bring great masculine energy
0:50:39 and they could carry my ass out of a fire.
0:50:43 So a lot of men demonstrate wonderful feminine qualities.
0:50:46 A lot of women demonstrate wonderful masculine qualities.
0:50:47 I don’t think these things are sequestered
0:50:51 to anyone born as a specific gender.
0:50:53 What I think, what I talk about masculinity,
0:50:55 I don’t talk about it in the world of corporations.
0:50:57 I think that’s this fraught with risk
0:50:59 and not worth talking about.
0:51:00 It should be about shareholder value
0:51:02 or stakeholder value.
0:51:04 I think young men need a code.
0:51:05 We’re going to church less.
0:51:06 We have fewer relationships.
0:51:09 So what’s the code you hold onto
0:51:11 in terms of creating behaviors
0:51:14 that are productive for you, yourself, society?
0:51:16 And I think masculinity needs to be redefined
0:51:17 as something more aspirational
0:51:20 where you’re celebrated for being really fucking strong.
0:51:22 You’re celebrated for not complaining.
0:51:25 You’re celebrated for creating surplus value.
0:51:27 You create more tax revenue than you absorb.
0:51:28 You’re celebrated for being aggressive.
0:51:31 You’re celebrated for breaking up fights at bars,
0:51:33 not starting them.
0:51:35 You’re celebrated for protecting your country,
0:51:36 not shitposting it.
0:51:40 You’re celebrated for approaching strange women
0:51:42 and expressing romantic interest.
0:51:44 That’s not a crime.
0:51:47 And if she’s not interested and you’re rejected,
0:51:49 you’re both going to be fine.
0:51:52 You’re celebrated for getting out of the house.
0:51:53 You’re celebrated for working.
0:51:55 You’re celebrated for making money and liking money.
0:51:58 I think there just needs to be a redefinition
0:52:01 of masculinity in the context of helping young men
0:52:05 find a code that they used to get from the armed services
0:52:07 or from dual-parent households.
0:52:09 And I feel like they’re struggling.
0:52:12 So I like the idea of something that they feel
0:52:16 in their bones and in their body and in their DNA
0:52:18 that they can lean into, that we celebrate.
0:52:21 And the conversation has flipped entirely.
0:52:22 Five years ago, I was called a misogynist
0:52:24 for talking about masculinity.
0:52:28 Now the conversation is being led and advocated
0:52:31 by one group and it’s mothers who are like,
0:52:33 my son is not doing well.
0:52:36 I got three kids, two daughters, daughters and PR
0:52:37 with the other ones at Penn.
0:52:38 And my son is in the basement vaping
0:52:39 and playing video games.
0:52:42 He needs something to latch onto.
0:52:43 He needs a code.
0:52:46 Anyways, but I apologize, word salad.
0:52:48 Zuckerberg and masculinity, give me a fucking break.
0:52:50 He looks like a Chechen Mali dealer.
0:52:53 Sorry, back to you, Steve.
0:52:56 (laughing)
0:52:58 – Well, it’s interesting when you speak, Scott,
0:53:01 because your views on masculinity
0:53:04 appear to me to be most better represented
0:53:07 by the right side of politics than the left side of politics.
0:53:09 They both have their own vision of masculinity
0:53:11 and yours seems to be a Republican view of masculinity.
0:53:15 – To Trump’s credit, he saw the opportunity
0:53:17 and he flew right into the hemisphere.
0:53:22 Rockets, crypto, Joe Rogan, Theo Vaughn.
0:53:26 He said, no, I’m not gonna run from this.
0:53:28 I’m gonna fly right into it.
0:53:31 Now I would argue that his vision of masculinity
0:53:35 has too much coarseness, too much cruelty, too much bullying.
0:53:37 I don’t think that’s masculinity.
0:53:40 I think when we talk about Elon Musk taking risks,
0:53:43 sending rockets that are captured by scissors coming down
0:53:45 inspiring the EV race, taking an enormous risk
0:53:47 making a shit ton of money.
0:53:49 Yeah, that’s a great form of masculinity.
0:53:52 Accusing men trying to save high soccer players,
0:53:55 calling them pedophiles, calling your employees
0:53:57 a sex criminal such that they have to leave their house,
0:54:00 having 13 kids by five women or three women,
0:54:02 none of which you live with,
0:54:05 living next to sleeping next to a loaded gun,
0:54:10 losing control of your self-control because of addiction.
0:54:12 I don’t think that’s a great role model.
0:54:14 I think it’s an amazing role model for boys.
0:54:17 I don’t think it’s a great role model for men.
0:54:18 In terms of energy, there are so many reasons
0:54:21 why I’m a big matchup fan, if you don’t already know by now.
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0:55:17 Do you know that 80% of New Year’s resolutions
0:55:18 fail by February?
0:55:21 It’s because we focus too much on the end goal
0:55:22 and we forget the small daily actions
0:55:24 that actually move us forward.
0:55:25 Those actions that are easy to do
0:55:27 are also easy not to do in life.
0:55:30 It’s easy to save a dollar, so it’s also easy not to.
0:55:32 Making one small improvement each day,
0:55:34 one tiny step in the right direction
0:55:36 has a big difference over time.
0:55:38 And that is the 1% mindset,
0:55:40 which is why we created the 1% Diary,
0:55:43 a 90-day journal designed to help you stay consistent
0:55:45 and focus on the small wins
0:55:47 and make real progress over time.
0:55:50 It also gives you access to the 1% community,
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0:55:54 inspired along with many others on the same journey.
0:55:57 We launched the 1% Diary in November and it sold out.
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0:56:02 Head to the diary.com to grab yours
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0:56:08 – Konstantin, Elon Musk, censorship.
0:56:11 The word censorship was used there by Scott.
0:56:14 We’ve seen this reversal in Meta’s attitude,
0:56:17 Facebook’s attitude that had been built up over a decade,
0:56:20 where it almost felt like if you had sort of
0:56:22 right-leaning views or really any unaccepted views
0:56:24 and you posted those on Facebook,
0:56:26 you would face maybe having the post deleted
0:56:27 or your account suspended.
0:56:32 This new world of speech, of free speech,
0:56:34 and as it pertains to masculinity,
0:56:37 do you think Elon Musk’s decision to buy X,
0:56:38 which I noticed, Scott, you’d left X.
0:56:42 You no longer post or tweet on X anymore.
0:56:45 Do you think Elon’s decision to buy X
0:56:47 is a net positive for society?
0:56:51 – Net, yes, but I think what people hear
0:56:53 when you say that is there’s no problems
0:56:58 with this system than compared to the ones we had before.
0:57:01 There are definitely disadvantages
0:57:05 to a free platform like X now.
0:57:10 And one of them is inevitably when you remove censorship,
0:57:11 one of the things that censorship was doing
0:57:16 was keeping all the deeply unpleasant people
0:57:20 away from being able to shove things in your face.
0:57:21 And that happens quite a lot on X.
0:57:24 So I don’t enjoy that aspect of it,
0:57:25 but I’ve always said that would be the price
0:57:28 that we would pay for freedom.
0:57:30 Freedom always has a price,
0:57:31 and that’s what we’re seeing.
0:57:33 As for Zuckerberg,
0:57:36 his miraculous transformation into a free speech warrior
0:57:39 is just wonderful, and I’m delighted to welcome him.
0:57:40 I’m sure it’s entirely genuine,
0:57:43 and not anything to do with the election results
0:57:45 we’ve just seen in any way whatsoever,
0:57:47 and the fact that the culture shifted.
0:57:51 And those of us who were being censored by people like him
0:57:54 for years actually winning the argument.
0:57:56 Well, what it shows you is we’ve won the argument
0:58:01 on free speech when it comes to the big tech platforms.
0:58:02 And it’s gonna be messy.
0:58:04 And I always said it was gonna be messy
0:58:08 because inevitably when you create these large platforms
0:58:10 that are algorithmically driven,
0:58:13 where the truth and the moderate reasonable take
0:58:16 is not what usually gets attention,
0:58:19 you’re going to see a lot of unpleasantness.
0:58:23 I value the ability to hear and communicate
0:58:28 truthful ideas and facts over my own subjective feelings
0:58:31 of someone said a thing I don’t like,
0:58:34 or someone was racist, or someone was misogynistic.
0:58:37 I don’t enjoy the fact that that happens,
0:58:39 but I would rather that happened,
0:58:42 and also we were not being censored from saying,
0:58:45 you know, COVID probably came from a lab in China,
0:58:46 which we were.
0:58:50 You know, the Hunter Biden laptop story
0:58:52 isn’t Russian disinformation.
0:58:55 Actually, it’s an important piece of information
0:58:57 that American voters need to hear
0:58:59 when they’re making their decision about the election.
0:59:02 And all of these other things that were being suppressed
0:59:04 and censored across social media for years,
0:59:06 they’re not anymore.
0:59:08 And I think that’s a good thing.
0:59:09 And I think that’s helpful.
0:59:11 And if you look at, you know,
0:59:14 to bring it back to the UK for a moment, Stephen,
0:59:15 as you know, on trigonometry,
0:59:19 we’ve tried to cover the grooming gang’s scandal
0:59:22 and it’s an outrage what happened in this country
0:59:23 over decades.
0:59:25 We’ve been covering that for years,
0:59:29 since about 2019, 2020, to very little purchase.
0:59:32 And one of the reasons is it was just something
0:59:34 that the media sort of covered and then moved on.
0:59:36 When it actually should have been something
0:59:38 we talked about on a daily basis
0:59:39 until serious action was taken,
0:59:44 and we saw real, real change, real change in policing,
0:59:47 real change in social work, real change in government,
0:59:50 real change in the way that these racially aggravated
0:59:52 hate crimes were treated.
0:59:55 Well, none of that was really being talked about seriously
0:59:58 until Elon kicked up a fuss,
1:00:00 amplified the voices of survivors,
1:00:04 amplified the voices of campaigners on X, which he bought,
1:00:09 and now the British government is forced to do whatever it can
1:00:13 to actually address those issues to the extent that it will.
1:00:14 You know, a lot of people will say
1:00:15 it still doesn’t go far enough.
1:00:17 Well, if it doesn’t go far enough,
1:00:20 we now have a platform from which we can continue
1:00:21 to have that conversation
1:00:24 until there is the sort of inquiry
1:00:26 and the sort of outcomes that people want
1:00:27 to actually deliver real change.
1:00:29 So is that a positive?
1:00:32 God yes, God yes, we needed that.
1:00:35 Those women who were raped on a mass scale
1:00:37 needed their voices to be amplified
1:00:40 by someone like Elon Musk on a platform like X,
1:00:41 which is now free,
1:00:43 to the point where Keir Starmer
1:00:45 is forced into defensive action.
1:00:47 That, I wish that was around 30 years ago
1:00:49 because a hell of a lot of young girls and women
1:00:51 wouldn’t have suffered the way they did
1:00:53 if we had the opportunity to get that message out.
1:00:56 So God yes, it’s a net positive.
1:00:58 – Just to pick up on that, Konstantin,
1:01:01 I’ve had a question in my mind for a while
1:01:03 regarding the scandal, which is horrific.
1:01:05 I think it’s something we all definitely agree on,
1:01:08 is why has Elon chosen now
1:01:11 and why has he chosen Keir Starmer
1:01:15 as the sort of central target of this flurry of tweets
1:01:17 around the grooming scandals?
1:01:19 Because there’s clearly,
1:01:20 Elon’s, I think an individual,
1:01:23 which you can kind of see thinking in real time.
1:01:24 Like if you go back through his tweets,
1:01:25 ’cause there’s so many of them
1:01:27 and they kind of come in these spurts,
1:01:29 you can almost see what he’s getting at.
1:01:30 Is there an underlying reason
1:01:32 why he’s made this a central issue
1:01:34 over the last couple of weeks?
1:01:35 – I think there are several reasons.
1:01:37 One of the reasons that it’s happening now
1:01:39 is actually most Americans were completely unaware
1:01:41 of this issue until recently.
1:01:45 I remember a year ago speaking at a private event
1:01:47 in New York and somebody said to me,
1:01:50 “Well, what is the consequence of political correctness?
1:01:52 “Why are you so against it?
1:01:54 “Why are you so against censorship?”
1:01:55 And I talked about the grooming gangs
1:01:57 and people were horrified.
1:02:01 They hadn’t even, and these are well-informed educated people
1:02:03 who are media savvy and whatever.
1:02:05 So one of the reasons is I think to a lot of Americans,
1:02:07 this issue’s only coming to the fore now
1:02:09 in front of their mind.
1:02:11 The second issue, I think,
1:02:14 is that Elon Musk understands what I said earlier,
1:02:17 which is we have a global Western culture now.
1:02:19 And so what happens in Britain matters
1:02:21 just as much as what happens in America
1:02:24 because we are symbiotic with each other now.
1:02:29 When there’s a restriction of speech in the UK,
1:02:32 when we have laws about what people are allowed to say,
1:02:34 that has an impact across the world.
1:02:36 When you see the European Union
1:02:39 trying to pass legislation about online censorship,
1:02:43 that has an impact because if something exists in the UK
1:02:45 and in many European countries,
1:02:47 it’s only a matter of time before people in America
1:02:49 are gonna say, “Well, look, they’ve got this in Europe.
1:02:50 “Why don’t we bring it over here?”
1:02:52 And vice versa.
1:02:54 So what happens in America affects us in Europe
1:02:55 and in the UK,
1:02:57 and what happens in Europe and the UK affects America.
1:03:00 So what Elon, I think, is trying to do
1:03:04 is to say, “We care about our civilization.”
1:03:06 Elon doesn’t really talk that much about the United States.
1:03:08 He talks about our civilization
1:03:11 as I do because I believe that we are now one thing
1:03:13 to a very significant extent.
1:03:16 Now, from our civilizational point of view,
1:03:19 is it a good thing that mass rape gangs in the UK
1:03:22 are being insufficiently investigated
1:03:25 and treated improperly by the police and the government?
1:03:26 No, it’s not, it’s a very bad thing.
1:03:28 So how do we address that?
1:03:29 Well, we address that by putting pressure
1:03:31 on the government of the day.
1:03:33 Now, I don’t see the grooming gangs
1:03:35 as a party political issue.
1:03:37 The Tories didn’t really do anything about it properly,
1:03:39 either, although there were individual members
1:03:42 of the cabinet that tried to do something
1:03:44 like so-called braverment.
1:03:46 But he’s putting pressure on the government of the day.
1:03:50 You can see him going after Nigel Farage of all people
1:03:53 and saying Nigel Farage is not the right leader for reform.
1:03:57 So he’s attempting to shape British politics
1:04:00 in the direction that he feels is the right way.
1:04:01 What does he want?
1:04:03 What outcome does he want?
1:04:04 Look, I don’t know what Elon must want.
1:04:06 I don’t know him personally.
1:04:07 I haven’t even yet had a chance to interview him,
1:04:09 which I really look forward to doing,
1:04:12 because I think he’s one of the great visionaries of our time,
1:04:13 whether you like him or not.
1:04:16 I think that’s undeniably true.
1:04:20 But my sense is he’s trying to talk about all the things
1:04:23 that we’ve been discussing– freedom of expression,
1:04:27 the end of identity politics, and the pursuit of meritocracy,
1:04:30 a pioneering, inspiring vision of the future,
1:04:32 which is why he’s talking about Mars
1:04:34 and a vision for our civilization that
1:04:37 goes beyond the narrow squabbling that we do here
1:04:43 on Earth, and the understanding that human beings are meant–
1:04:44 we left the cave.
1:04:47 We’re not supposed to stay in a place
1:04:51 with the walls closing in on us and feel like we’re in decline.
1:04:53 We’re not supposed to be a civilization that
1:04:58 has 1.5 children per woman and that is simply just leaving
1:05:00 the planet Earth because we can’t reproduce.
1:05:04 We’re supposed to look at the future with hope and optimism.
1:05:07 We’re supposed to say, I want things to be better.
1:05:09 I want things to be better for my children.
1:05:11 I want to have children.
1:05:15 I want the vision of our society being
1:05:18 one of positivity and optimism and a sense
1:05:21 of a pioneering vision and inspiration.
1:05:22 That’s what I think he wants.
1:05:26 And I don’t really see any of that in the current government
1:05:26 in the UK.
1:05:28 And I think he’s right to go after them and say,
1:05:30 you are destroying your country’s economy.
1:05:32 You’re destroying its culture.
1:05:35 You’re destroying its sense of cohesiveness
1:05:37 by allowing illegal immigration.
1:05:40 You are destroying that sense of optimism and vision.
1:05:43 And you’re not saying to people, let’s build something better.
1:05:45 You’re saying, let’s stay small.
1:05:46 Let’s play small.
1:05:48 Let’s not rise above our station.
1:05:51 And I think we need people like that, imperfect as they
1:05:53 may be in all sorts of different ways,
1:05:56 to drive our civilization forward.
1:05:59 To say to us, there is an inspiring vision
1:06:02 to which we’re all moving as opposed to just sitting there
1:06:04 and waiting to die, which is what we’ve
1:06:06 been doing for far too long.
1:06:10 Yeah, I think Elon is taking his word.
1:06:12 He said a year ago that he was going to absolutely dismantle
1:06:14 the both mind virus globally.
1:06:18 And he was going to ensure meritocracy and free speech.
1:06:20 And when he sets his mind on something,
1:06:22 he has the ability to stay focused on it
1:06:26 for a very long time to a degree most people can’t fathom.
1:06:29 And he’s absolutely willing to endure pain.
1:06:30 He loves a fight.
1:06:33 He obviously has the kind of mind that can’t relax
1:06:38 unless he’s grinding up against some gear as well.
1:06:41 Like the way he works needs stress in his life.
1:06:42 He needs a big enemy.
1:06:45 He needs a big fight to engage with.
1:06:47 And I think Keir Starmer just ticked all of his boxes
1:06:49 as someone to go up against.
1:06:53 I think what’s interesting is we talk about these big tech.
1:06:54 I love that Scott has previously talked
1:06:55 about breaking up big tech.
1:06:58 And I think there’s potential for that in the next four years.
1:07:03 All of these guys like Trump and JD Vance and all of them
1:07:07 have locked horns with big tech.
1:07:10 And this is their chance to get revenge on big tech
1:07:11 in the next four years.
1:07:13 They could do a little–
1:07:17 you might see Google have to spin off YouTube.
1:07:19 Or you might see AWS have to come away from Amazon
1:07:20 or something like that.
1:07:21 Who knows?
1:07:25 But it’s interesting that a lot of these big tech guys,
1:07:28 they’re probably cosying up to Trump
1:07:31 because that could be on the cards as well.
1:07:33 There’s been a lot of them–
1:07:35 Trump butt kissing over the last couple of weeks.
1:07:38 I think Trump’s almost bragged about the fact
1:07:41 that everybody’s flown down to Mar-a-Lago to kiss his butt
1:07:42 and to cozy up with him.
1:07:44 And there’s now a headline saying
1:07:46 that there’s this tech oligarchy forming in the United
1:07:50 States where Bezos and Elon and Zuck are all now friends
1:07:53 and they’re stood behind Trump as this unifying force.
1:07:54 Just to touch on a few points of that,
1:07:56 but also on Constantine’s message
1:07:59 that Elon is doing this for the betterment of humanity,
1:08:02 to further humanity, his involvement with the UK,
1:08:04 but his broader involvement in politics now.
1:08:07 Scott, does that square with how you think about Elon?
1:08:10 And I am quite curious to ask you
1:08:12 why you made the decision to leave X
1:08:15 and to go to Blue Sky and Threads and things like that.
1:08:17 Yeah, I can’t speculate on what motivates Elon Musk.
1:08:19 I quite frankly just don’t get the guy.
1:08:22 And also, I don’t have the domain expertise
1:08:24 to comment on the rape gangs.
1:08:26 It’s such a serious upsetting issue.
1:08:31 I don’t know it well enough to speak intelligently to it.
1:08:37 Just a topic of censorship, though, as it relates to meta.
1:08:39 A hallmark of a free society and a democracy,
1:08:41 is it pretty much anyone can say pretty much anything
1:08:42 about pretty much anybody?
1:08:44 I believe that.
1:08:49 The question is, do machines and bots have free speech rights?
1:08:51 Because if I say something–
1:08:55 I believe– I may be paranoid, but it doesn’t mean I’m wrong.
1:08:58 I believe VCs, whose portfolio companies I’ve
1:09:01 said have overvalued, have enlisted thousands of bots
1:09:04 to basically just shitpost me over and over on X
1:09:06 to diminish my credibility.
1:09:08 I think because I’ve been critical of Putin,
1:09:10 that the GRU has hired troll farms
1:09:11 to create lists of thousands of people
1:09:15 to weaponize bots to say disparaging things about them.
1:09:17 Do those bots have free speech rights?
1:09:23 In addition, when Fox News distributes information
1:09:26 to its anchors saying Dominion voting machines were
1:09:28 weaponized by Hugo Chavez in Venezuela,
1:09:31 despite the fact they knew that was not true,
1:09:34 but they tell their broadcasters to do it anyways.
1:09:37 And then Dominion says, this hurt our business,
1:09:38 and you knew it was false, and you
1:09:41 decided to communicate it anyways.
1:09:43 Their courts find them liable.
1:09:46 They have to pay three quarters of a billion dollars.
1:09:48 What happened at Fox News was a dumpster fire
1:09:52 compared to the nuclear mushroom cloud on Meta.
1:09:55 So a lot of what we’re talking about here,
1:09:59 if you want to say that mRNA vaccines alter your DNA,
1:10:01 I think you should have the right to say that.
1:10:03 The dissenter’s voice is important,
1:10:04 because occasionally the conspiracy theorist
1:10:06 ends up being correct.
1:10:09 The question is, when you have a business model that
1:10:12 elevates the most incendiary, ugly content
1:10:15 beyond its organic reach, should you then
1:10:18 be exonerated from all liability and slander
1:10:21 that traditional media companies are liable to?
1:10:26 If we were to say the deal on Musk is a pedophile
1:10:30 and start stating facts and evidence of it,
1:10:32 and he could show that it’s hurt his ability
1:10:36 to raise money for Tesla, and he filed legal action
1:10:38 against this podcast, I think we
1:10:40 would be in a world of hurt.
1:10:44 And that legal liability is warranted.
1:10:46 But the most powerful media companies in the world
1:10:48 have Section 230 protection.
1:10:52 So they have a business model where conspiracy theory
1:10:55 or novel content, which is Latin for bullshit and lies,
1:10:57 and the more angry it is, it gets
1:11:00 elevated beyond its organic reach.
1:11:03 So while I’m kind of down with the notion
1:11:05 that we should have free speech, and anybody
1:11:08 should be able to say pretty much whatever they want,
1:11:11 there’s something wrong when we have algorithms that
1:11:14 have a profit incentive around rage, conspiracy theory,
1:11:17 and lies, and two-thirds of Republicans
1:11:20 believe that the election was stolen.
1:11:25 And when one in five Americans think that 9/11 was an inside
1:11:27 job, I mean, we are–
1:11:28 Let’s be honest.
1:11:30 They thought that before the internet.
1:11:33 I remember watching all the 9/11 Truth of Movies
1:11:33 and all of that.
1:11:35 But your point overall is right.
1:11:36 I totally agree.
1:11:38 And by the way, Elon agrees with you.
1:11:41 When he bought X, he talked about the bot problem.
1:11:44 He talked about the amplification of our rage.
1:11:47 He hasn’t done as much as I hoped he would have done so far,
1:11:49 but I hope that they do address that.
1:11:53 Because that isn’t an Elon or an X problem.
1:11:56 It’s a technology problem of the modern world.
1:11:59 The reality is that the more we live our lives online,
1:12:02 the more you’re going to have the problem of the ability
1:12:05 of foreign governments, of individual people
1:12:09 to create fake accounts, bot farms, et cetera,
1:12:12 to influence the way we look at all of these things.
1:12:16 And we are going to have to come to terms with that reality.
1:12:18 Because it’s a technological issue
1:12:20 that we’re going to have to solve for.
1:12:21 And we haven’t yet.
1:12:23 It’s also very easy for people to get caught
1:12:26 in their own bubbles as well, which is a new phenomenon.
1:12:28 There was a time where if you believed crazy things,
1:12:31 you still had to sit next to someone else in church
1:12:34 and talk to them about their life and what they believe.
1:12:36 And you encountered dissenting voices.
1:12:39 You encountered sane, rational people
1:12:41 who had very different views to you
1:12:43 that you had to be friends with long-term.
1:12:45 Whereas where we are right now
1:12:47 is if you’ve got some sort of a crazy view,
1:12:49 you can find yourself only talking to people
1:12:53 who share those views and only sharing content
1:12:55 that reinforces those views until such time
1:12:58 that you become extremely radicalized.
1:13:00 – I think that’s such an important point
1:13:01 because I think it’s a real shame
1:13:04 that AILLMs aren’t crawling the real world.
1:13:07 I was at Granger’s yesterday, someone comes up to me,
1:13:10 love your content, let’s take a picture.
1:13:11 They’re so nice.
1:13:12 Another person comes up to me and said,
1:13:13 “I disagree with your view on this,
1:13:15 but we have a civil conversation.”
1:13:16 And then I come home to 40 bots
1:13:19 telling me I’m professor genocide.
1:13:22 I mean, people in the real world, generally speaking,
1:13:23 I don’t know if it’s because of the threat
1:13:25 of physical violence or they want to have sex with you
1:13:28 or maybe they think some point you’ll hire their kid
1:13:30 or generally just a comity of man,
1:13:35 but people in real life I find are just lovely and wonderful.
1:13:38 And it’s a shame that these AILLMs aren’t crawling this
1:13:41 because the traif and some of the vile shit
1:13:42 they’re crawling online,
1:13:45 which I don’t even think reflects our species.
1:13:48 I think it reflects technology that has a profit motive
1:13:52 around promoting the most incendiary, hateful content.
1:13:55 So there’s got to be some sort of medium speed here.
1:13:57 And also I got a fax, Steve,
1:14:00 because you don’t like Chick-fil-A, don’t eat a Chick-fil-A.
1:14:03 I, if Musk wants to pay $44 billion
1:14:06 and turning into a Nazi porn bar, that’s his right.
1:14:07 I don’t think there’s, I don’t think it’s illegal.
1:14:09 I don’t think the government should step in,
1:14:12 but I don’t have to pay in his fence
1:14:15 and I can go to another platform.
1:14:16 That’s my right too.
1:14:18 And everyone says, oh, you’re against free speech.
1:14:20 I’m like, no, I’m not, I’m against being on a platform
1:14:21 that makes me feel bad.
1:14:26 So he has the right and all this notion around meta,
1:14:28 free speech, it’s a little different
1:14:30 because they control so much of the media,
1:14:32 but these are media companies
1:14:35 and they should be liable for slander or defamation,
1:14:38 the same way traditional media companies are involved.
1:14:40 I think we could solve a lot of this problem
1:14:41 by just removing 230 protections
1:14:44 for algorithmically elevated content.
1:14:48 If you decide to elevate content
1:14:50 beyond its organic reach,
1:14:52 then you are making an editorial decision
1:14:54 and you should be liable
1:14:57 if that in fact is slanderous or defamatory.
1:14:58 – I think that’s really fascinating
1:15:00 as a way of handling it.
1:15:03 And also we’re living in a world where as of this year,
1:15:06 some of the most phenomenal content you will read
1:15:08 will be algorithmically generated
1:15:10 and some of the most compelling content.
1:15:12 So this idea that Scott’s talking about
1:15:14 should bots have free speech,
1:15:19 it sounds like a kind of intellectual kind of pseudo
1:15:20 intellectual topic,
1:15:22 but it’s absolutely a very practical topic
1:15:26 in the sense that bots now can generate conversations
1:15:29 very easily and some of the,
1:15:32 you could spend all day talking to a bot and not know.
1:15:34 – It’s funny, this subject has come up
1:15:36 because in the last week,
1:15:38 I’ve had a flurry of messages on WhatsApp from friends,
1:15:39 actually I had two tweets yesterday,
1:15:41 which you could probably see if you just searched my name,
1:15:43 because on X at the moment,
1:15:46 there’s multiple ads running that are fake articles
1:15:49 with fake BBC headlines with my face in.
1:15:50 So it says things like,
1:15:52 “The Bank of England is suing Steve Bartlett.”
1:15:56 And this is running as a sponsored ad on X.
1:15:57 And people are tweeting me these things.
1:15:59 My friend says every time he refreshes the feed,
1:16:03 he sees a new sponsored ad of a fake article of me.
1:16:04 And sometimes it’s like,
1:16:06 can’t believe this happened to Steve
1:16:07 and it’s a BBC article.
1:16:09 You click on it, you get scammed.
1:16:11 I think it’s a crypto scam, I don’t wanna click.
1:16:13 I’ll send the link to you guys so you can click on it for me.
1:16:15 But I just, it really has,
1:16:17 ’cause that is a bot, there’s multiple of them,
1:16:19 multiple accounts that have been spun up,
1:16:20 they’re all verified accounts,
1:16:24 and it’s AI generated imagery with a paid ad behind it.
1:16:25 That’s the bit that really gets me,
1:16:27 I get people can post shit,
1:16:32 but sponsoring it is a new level of defamation.
1:16:37 One of the big macro things I’ve been thinking a lot about
1:16:37 that I haven’t shared yet,
1:16:41 is just the amount of social networks that have emerged.
1:16:42 In the last 10 years,
1:16:45 there’s been a 50% increase so far
1:16:46 in new social networks that have emerged.
1:16:48 And we’re seeing this splintering now of the rumbles,
1:16:50 the blue skies, the threads.
1:16:52 And it almost seems, talking about echo chambers,
1:16:54 that social networks are becoming
1:16:56 sort of political environments.
1:16:57 And you’re choosing your social network now
1:16:59 based on your politics.
1:17:03 This doesn’t seem like a net positive thing for society.
1:17:08 – Nope, no, I think we’re living through an era
1:17:10 of the fragmentation of our reality.
1:17:14 And it comes, Scott’s point about people behaving better
1:17:15 in person is true.
1:17:19 Although I would say there is the windscreen effect
1:17:20 or the windshield effect,
1:17:22 which is if you, someone cuts you up in traffic
1:17:25 and you feel that there’s some kind of physical separation
1:17:26 between the two of you,
1:17:29 most people behave slightly differently in that context
1:17:31 than they would if they were sitting next to somebody
1:17:32 face to face in a bar.
1:17:36 So there’s something about being physically present
1:17:38 with other people that changes it,
1:17:40 which is one of the reasons,
1:17:42 I know you have pretty much all your interviews
1:17:44 face to face and we do as well,
1:17:46 because generally speaking,
1:17:49 it’s very difficult to connect authentically with people.
1:17:50 Obviously we’ve managed to do it
1:17:52 in the course of this conversation,
1:17:53 but beyond that, it’s difficult.
1:17:57 And so we’re gonna have to work on that.
1:17:59 But what the point I’m trying to make is
1:18:01 this isn’t a political issue.
1:18:03 It’s not an ex issue.
1:18:05 It’s not an Elon Musk issue.
1:18:06 It’s a technological issue.
1:18:09 We’re living through probably already have lived
1:18:12 through most of the digital revolution.
1:18:14 And I used to, as a kid,
1:18:16 love Isaac Asimov science fiction books.
1:18:19 And one of the reasons I did enjoy reading them so much
1:18:22 is it was a world in which there was an exploration
1:18:26 of what does the creation of robots,
1:18:28 which is what we’re living through,
1:18:31 mean for morality?
1:18:33 What does it mean for philosophy?
1:18:34 What does it mean for humanity?
1:18:36 What does it mean for…
1:18:38 How do we build rules in a world
1:18:40 in which you have these machines
1:18:42 that take every rule literally
1:18:46 and suddenly you find the desire to protect humanity
1:18:48 results in the end of humanity?
1:18:50 How do you navigate all of this?
1:18:52 And that is what we’re living through.
1:18:54 We are also living through a period
1:18:56 when our realities are being fragmented.
1:19:01 And so we believe a very small set of things
1:19:05 that other people like us somewhere
1:19:06 in a very different part of the world
1:19:09 as Daniel was saying earlier, also believe.
1:19:10 And we now live in this,
1:19:15 we don’t live in England or in Scotland or in America.
1:19:18 We live almost like in a world of people
1:19:21 who think like us in the West.
1:19:25 And then other people live right next door to us
1:19:26 who live in a whole different world
1:19:30 because they consume a whole different set of information.
1:19:32 That is the reality.
1:19:34 We can complain about it.
1:19:35 That is not going to change.
1:19:40 And the only thing I really wanna raise
1:19:44 where I disagree with Scott about this idea
1:19:46 that Facebook and X, et cetera,
1:19:51 are they are publishers and not platforms.
1:19:53 I don’t think you can apply
1:19:56 the same media organization section to them.
1:19:59 It just, I don’t think it’s appropriate.
1:20:02 They are platforms in which people publish information.
1:20:05 The artificial amplification is a fair point.
1:20:06 We need to deal with that.
1:20:08 We need to deal with the bot problem.
1:20:09 That’s a very difficult one
1:20:13 because one of the challenges is
1:20:14 the only way to really deal
1:20:16 that I can see with the bot problem
1:20:19 is to get people to verify their identity online.
1:20:23 That obviously has a lot of questions around that
1:20:25 because once you start forcing people
1:20:29 to give their identity over to some anonymous blob online,
1:20:31 who’s collecting that data?
1:20:33 What are they doing with it?
1:20:35 And if you don’t like Elon Musk
1:20:38 or if you don’t like the previous Twitter regime
1:20:40 as I didn’t, then the question for you is,
1:20:44 well, let’s say right now I look at Twitter
1:20:46 and I’m like, I’m happy to verify my identity.
1:20:48 I’m happy to confirm who I am.
1:20:53 Well, what if George Soros buys X of Elon at some point?
1:20:56 Are you still happy that that information is being held?
1:20:58 Are you still happy that the anonymous account
1:21:00 you’ve now made confirmed?
1:21:03 What happens to the anonymous activist speaking
1:21:06 about the Ayatollah’s regime in Iran?
1:21:09 What happens to them when they’ve had to verify their identity
1:21:11 and the wrong person buys our platform
1:21:12 or someone hacks it, et cetera?
1:21:16 So it’s a conversation that’s not,
1:21:18 if there were easier solutions on these issues,
1:21:20 they would have been solved by now.
1:21:23 This is a very difficult thing for humanity to navigate
1:21:25 and we’re gonna have to find a way to do it
1:21:27 and incrementally so.
1:21:28 – I just want to respond to that.
1:21:32 I think you’re guilty of the same illusion of complexity
1:21:34 that protects these companies from acting like actors
1:21:35 such that they can do anything
1:21:37 regardless of the damage to the Commonwealth
1:21:39 to add shareholder value.
1:21:43 If you implemented, first off,
1:21:45 this notion that you don’t want to give up your identity,
1:21:48 trust me, they know everything about you, Constantine, already.
1:21:50 And I could go get a ton of information on you
1:21:54 from the dark web fairly easily with a credit card.
1:21:58 So the notion that somehow we shouldn’t have some sort of,
1:22:02 you could have, we need age verification for social media.
1:22:04 There’s no reason anyone of age of 16
1:22:06 should be on a social media platform.
1:22:10 And regarding the civil rights activists
1:22:12 or the women’s right activists in needs and anonymity,
1:22:14 you could create a number of accounts
1:22:18 and use blockchain or some sort of third party anonymous
1:22:19 to have a certain number of accounts that says,
1:22:22 look, if you want an anonymous parity account,
1:22:24 you want to make fun of people, fine.
1:22:27 If you want an account talking about issues
1:22:30 that you feel are sensitive from other markets, fine.
1:22:33 We could absolutely figure that out and then figure out,
1:22:36 okay, this account is doing nothing.
1:22:39 It has no base, it has no soul, it has no values.
1:22:40 It has 72 followers.
1:22:43 All it’s doing is trying to start fights online.
1:22:45 All it’s doing is trying to make people feel shitty
1:22:48 about Britain or shitty about America.
1:22:51 And the reality is these companies use that illusion
1:22:54 of complexity such that they can have more bots
1:22:56 creating more fake clicks, more Nissan ads
1:22:58 and more shareholder value.
1:23:00 I think there’s a middle ground here.
1:23:02 I think we could figure this out.
1:23:03 – I agree, well, that’s what I’m saying.
1:23:06 I think some of the ideas that you’re putting forward
1:23:08 are right or wrong, I don’t know.
1:23:10 But these are the conversations we should be having.
1:23:11 How do we make sure?
1:23:14 I mean, my son is two and a half years old
1:23:18 and my wife has become a complete screen Nazi,
1:23:21 so he’s probably not gonna get a phone until he’s about 40.
1:23:24 But I think your point about people
1:23:26 shouldn’t be on social media yet.
1:23:31 People shouldn’t be on social media until they’re 16.
1:23:32 Absolutely correct.
1:23:35 What that’s doing to the minds of, well, or everybody,
1:23:37 but particularly young people who are really susceptible
1:23:39 to it, you’re completely right.
1:23:42 The verification dimension is difficult, as I say.
1:23:46 We’re gonna have to hash this all out as humanity.
1:23:47 We’re just gonna have to work this all out.
1:23:50 How do we live in this new world that we now live in?
1:23:51 It’s gonna take some time.
1:23:54 And I hope it’s not as bad as the last time
1:23:57 the information space was revolutionized,
1:23:58 which was the printing press.
1:24:01 That caused about two centuries of religious war.
1:24:03 Hopefully we can avoid that.
1:24:07 And part of the way to do that is to create environments
1:24:08 which are uncensored,
1:24:10 where people can express different ideas.
1:24:12 We can have these battles
1:24:15 and eventually come to some sort of mutual understanding.
1:24:16 I hope that happens.
1:24:18 – What I wanted to ask you all
1:24:21 to really close out this conversation was
1:24:24 these conversations tend to be a bit of a reflection
1:24:25 of what’s in the new cycle.
1:24:27 And what’s in the new cycle tends to be a reflection
1:24:28 of what people are clicking.
1:24:30 And a lot of that’s driven by fear
1:24:31 and the sort of narrative of the time,
1:24:33 whether it’s immigration or the Trump inauguration.
1:24:37 But what is the big important idea
1:24:38 that we’re not talking about?
1:24:40 What’s the most important thing
1:24:41 that we should be talking about
1:24:43 that isn’t getting enough attention right now
1:24:46 as it relates to the future of the West?
1:24:48 And that’s a big broad question.
1:24:49 I’ll start with you, Daniel.
1:24:52 – For me, it’s the schooling system.
1:24:54 I think the schooling system is not preparing people
1:24:58 for a world that exists and that we’re teaching.
1:25:01 We haven’t grasped the fact that AI is going to be
1:25:04 the biggest, most disruptive technology
1:25:05 in the lives of our children
1:25:07 and that the jobs that we think
1:25:10 they might be able to go into probably won’t exist.
1:25:15 We need to have a radical look at this idea
1:25:19 that children should go to school with the same age groups
1:25:22 or study a certain set of topics
1:25:24 or that it should be topic-based at all.
1:25:29 We need to explore, are there better models
1:25:30 for the schooling system
1:25:32 that prepare people for the world
1:25:34 that we’re going to be in?
1:25:37 Our current schooling system goes back to the early 1800s.
1:25:39 It was essentially based on a military schooling system
1:25:43 in Prussia and that’s kind of where it evolved from.
1:25:46 I think what we need to do is think about
1:25:49 what are the skills that our kids are gonna need?
1:25:52 – I see two and I can only,
1:25:55 I don’t feel like I can wrap my arms around UK’s issues,
1:25:57 but in terms of the US political extremism,
1:26:01 I would put it number two at negative 40 Celsius
1:26:04 and Fahrenheit meet and because of our electoral system
1:26:05 and Citizens United,
1:26:07 people from the far left who are crazy
1:26:10 and people from the far right who are crazy
1:26:11 are just overrepresented
1:26:13 and they come together to meet on reckless spending,
1:26:15 deficit spending, they come together
1:26:17 to agree on antisemitism
1:26:18 and there’s just too many people
1:26:19 on the far left and the far right
1:26:21 and the people in the middle,
1:26:23 it’s minority role, they’re just not represented.
1:26:25 However, I think the biggest threat
1:26:26 that people aren’t talking about
1:26:29 and I’ve actually spent some time talking
1:26:30 with the administration around this
1:26:33 or the former administration, I should say,
1:26:37 is loneliness and that is you have the deepest pocketed,
1:26:40 most well-resourced companies and people in the world
1:26:42 trying to convince people, especially young men,
1:26:44 that they kind of have a reasonable facsimile of life
1:26:45 on a screen with an algorithm
1:26:47 and I think they literally go crazy.
1:26:49 I think they wake up and they’re obese and lonely
1:26:50 and have no skills.
1:26:53 We talked about this, I think young people,
1:26:55 I say this jokingly, but have seriously,
1:26:56 I think young people need to get out of the house,
1:26:58 more drink, more make a series of bad decisions
1:27:00 and might pay off.
1:27:02 I think we need, I think we need to,
1:27:04 I think we need more sex.
1:27:08 I think we need more people in third spaces,
1:27:11 I mean, more church, more religious, more institutions,
1:27:14 national service, we’re mammals
1:27:16 and I worry that we’re, one in seven men
1:27:17 doesn’t have a single friend.
1:27:20 One in four men can’t name a best friend.
1:27:23 So this loneliness epidemic where people get into a bubble
1:27:26 and start engaging into conspiracy theory,
1:27:29 not trusting each other, blaming women,
1:27:32 blaming the nation, self-harm.
1:27:35 I just, I worry about, you know what I say to young men,
1:27:37 I coach a lot of young men, romantic comedies
1:27:39 are two hours, not 15 minutes for a reason.
1:27:42 This shit is hard and it’s worth it.
1:27:45 But I worry that we’re raising, like I said,
1:27:47 this new species of asocial, asexual,
1:27:49 being called the young American male
1:27:53 that is obese, anxious and just a shitty citizen.
1:27:57 – Konstantin, the most important thing in 2025
1:27:59 that’s not getting enough attention.
1:28:02 – In the UK and in most of Europe,
1:28:04 it’s an issue that Daniel raised earlier,
1:28:07 which is in the UK, our energy prices are four times
1:28:09 what they are in the United States.
1:28:11 That is an ideological decision.
1:28:13 It’s done because we’re saving the planet,
1:28:15 that’s what we’re being told.
1:28:20 The reality is our contribution to global carbon emissions
1:28:24 is we’re responsible for 2% of global carbon emissions
1:28:25 in the world.
1:28:29 Making British pensioners freeze to death every winter
1:28:31 ’cause they can’t afford fuel bills
1:28:33 is not the solution to climate change.
1:28:35 And if you amplify that further,
1:28:39 driving businesses out of business,
1:28:41 making our economy uncompetitive,
1:28:44 making Britain unable to generate wealth for itself
1:28:47 and for its future is not the moral position.
1:28:51 Net zero, which is the impoverishment of our society
1:28:52 for ideological reasons,
1:28:54 has been positioned as the moral cause.
1:28:57 We’re saving the planet, we’re ending climate change.
1:28:59 We’re not doing any of that.
1:29:01 All we’re doing is virtue signaling
1:29:03 and making our fellow citizens suffer.
1:29:05 So what we should be talking about
1:29:08 is how do we make energy cheap again
1:29:11 so that we can have a prosperous economy?
1:29:12 And guess what?
1:29:13 When people are prosperous,
1:29:15 that’s when they actually start being responsible
1:29:19 about pollution, about throwing away things they don’t need.
1:29:21 And also when you have money,
1:29:24 that’s when you can invest money in scientific research
1:29:27 which allows you to find cleaner, better forms of energy.
1:29:29 That’s what we should be doing.
1:29:32 We should be making sure that we generate as much wealth
1:29:34 for our fellow citizens as possible
1:29:36 because a lot of people are struggling.
1:29:40 And I think it’s deeply, deeply immoral
1:29:44 to impoverish already poor pensioners in this country
1:29:46 and to prevent businesses from hiring people
1:29:48 and giving them jobs and opportunities,
1:29:51 including the young men that Scott is talking about
1:29:53 because we are saving the planet
1:29:55 and we’re trying to keep little Greta happy.
1:29:56 We’re not doing any of that.
1:29:58 We’re not successful in that.
1:29:59 We should stop pretending
1:30:02 and we should do what Donald Trump said he plans to do
1:30:04 which is drill, baby, drill.
1:30:06 We should be exploring and exploiting
1:30:09 all the energy reserves we have in this country
1:30:12 in order to create clean energy
1:30:14 and better forms of energy for the future
1:30:18 as well as to improve the wellbeing of our fellow citizens.
1:30:19 That’s what we should be talking about
1:30:21 a hell of a lot more than we are.
1:30:22 – You need cheap energy, you’re right.
1:30:24 It’s what I would argue,
1:30:28 I think it’s gonna be liquid natural gas and nuclear.
1:30:29 We haven’t talked about AI.
1:30:32 AI requires 10 times the energy at the AI query
1:30:35 as a Google query, the choke point is energy.
1:30:36 I would argue in the US,
1:30:38 I think we’d benefit more from,
1:30:40 as opposed to drill, baby, drill, build, baby, build.
1:30:42 I think young people have seen housing prices
1:30:44 just go crazy.
1:30:45 There’s a psychological benefit
1:30:47 to household formation, forced savings.
1:30:51 So I don’t, I’m gonna take care of your word
1:30:52 because you’re a very smart guy
1:30:55 that Britain has implemented a series of policies.
1:30:59 That energy stat you wrote, that was incredible.
1:31:01 But in the US, like I said,
1:31:04 we’re, I don’t wanna say we’re drowning in oil.
1:31:07 We’ve, there were more drilling permits
1:31:11 issued under Biden than the previous Trump admitted.
1:31:15 I mean, just to call Biden anti-energy
1:31:17 or that somehow we’re have this,
1:31:19 this massively over-inflated energy prices.
1:31:22 It’s just not, that hasn’t happened in the US.
1:31:26 I would like, we need, we need more homes in the US.
1:31:28 – And in the UK too, and Stephen,
1:31:29 let me just before you wrap up,
1:31:32 fill the stats out a little bit more.
1:31:34 Obviously everyone understands that geopolitically
1:31:36 we’re in a pretty tense time
1:31:38 and there’s conflicts happening.
1:31:40 Britain is in a position now
1:31:41 where we would struggle.
1:31:43 You gotta remember British history.
1:31:46 Britain is, Britannia rules the waves, right?
1:31:49 The way that Britain has become a great nation
1:31:52 throughout history is by having a powerfully,
1:31:54 we would struggle to build warships now
1:31:56 ’cause we’ve closed down all our steelworks
1:31:58 ’cause we’re green, right?
1:32:00 It’s insanity.
1:32:05 And on every other issue to do with energy and industry,
1:32:07 we have basically deliberately moved
1:32:10 our production facilities to other countries.
1:32:12 Okay, great idea, globalization,
1:32:14 make things cheaper, ship things, wonderful.
1:32:16 Okay, what happened during COVID?
1:32:20 What happened when suddenly the entire chains of production
1:32:23 weren’t quite operating the way that they normally do?
1:32:25 Oh, China’s suddenly hoarding all the masks.
1:32:27 Interesting, so what do you think is gonna happen
1:32:28 when there’s a war?
1:32:30 Or they’re just gonna keep shipping the steel to us
1:32:31 to make the battleships and the warplanes
1:32:33 that we need to fight them?
1:32:34 That’s what you think is gonna happen?
1:32:37 This whole thing, this whole agenda
1:32:39 is ideological insanity.
1:32:41 And what Ed Miliband is about to do to this country
1:32:43 when it comes to this issue,
1:32:45 needs to talk about way more.
1:32:47 And it is about economic prosperity.
1:32:49 It is about housing because one of the reasons
1:32:52 we don’t build as much housing as we need to,
1:32:55 is again, building housing produces emissions.
1:32:58 And we don’t wanna be not green,
1:33:00 so that’s why people in their 30s and 40s
1:33:03 are now living in flat shares for four people, right?
1:33:06 We have got to let go of this obsession with net zero.
1:33:08 We have got to build, we have got to drill,
1:33:10 we have got to produce energy,
1:33:12 and we have got to stop thinking
1:33:14 that the moral thing to do
1:33:17 is to make our poor citizens suffer
1:33:21 in order that we feel good about saving the planet,
1:33:24 which we’re not even remotely saving by doing this.
1:33:26 – Guys, thank you so much for all of your perspective.
1:33:28 One of the things I realized as you guys were talking is
1:33:32 that you’re all fathers, and you’re all fathers of boys,
1:33:34 although you’re fathers of boys at different ages.
1:33:37 So I wanted to just give you all 30 seconds if you could,
1:33:39 and this is maybe me asking for myself for this advice,
1:33:41 but based on everything that’s happening in the world,
1:33:44 which can feel incredibly confusing,
1:33:45 especially to young people,
1:33:47 where we’re getting a lot of our information
1:33:48 from different echo chambers,
1:33:51 what is the advice that you would all give
1:33:56 to your young boys that would best prepare them
1:33:58 for the future in the next couple of years,
1:34:00 starting with you, Dan.
1:34:02 – Yeah, so I’ve got a six-year-old daughter,
1:34:05 a seven-year-old son, and a 10-year-old son.
1:34:07 It’s an incredibly confusing time
1:34:11 because preparing them for a world that’s fast-changing
1:34:12 is difficult.
1:34:16 We’re taking the approach of a lot of general knowledge
1:34:19 across a lot of things so that you can use AI
1:34:22 to run deep in different topics.
1:34:23 We’re encouraging the kids to interact
1:34:26 with supervised AI conversations
1:34:29 and letting them know that that technology is available.
1:34:33 We’re also just focusing on some manual skills,
1:34:37 like how to fix a boiler and how to saw through some wood
1:34:40 and those kind of things.
1:34:45 And also, we’re doing things like acting classes,
1:34:48 being up on a stage and performing.
1:34:50 So all of those kind of typical things,
1:34:55 but to be honest, it is a point of anxiety in my life
1:34:59 just thinking about what the world looks like
1:35:03 for 10 or 15 years from now,
1:35:04 that they’re gonna be going into.
1:35:06 So if you get clear answers on this,
1:35:08 I’m really open to learning.
1:35:11 – For me, my son’s two and a half,
1:35:13 so it’s a little bit early for this pep talk,
1:35:17 but my message to him when he’s old enough to hear it
1:35:19 is gonna be this.
1:35:22 Your grandfather, your great-grandfather,
1:35:24 my grandfather was taken as a slave laborer
1:35:27 from Soviet Ukraine to Nazi Germany.
1:35:30 Your great-grandfather was born,
1:35:34 your great-grandmother rather was born in the Soviet Gulag.
1:35:37 Your great-grandmother lived through the German occupation
1:35:39 and is now living through Vladimir Putin’s invasion
1:35:40 of Ukraine.
1:35:43 You are not living in the worst time ever.
1:35:45 You’re surrounded by pussies.
1:35:48 If you are a man and if you do your job
1:35:50 and if you learn the skills that you need to do
1:35:52 and if you pursue the things that you want to do
1:35:54 with your life to the best of your ability,
1:35:56 if you believe in yourself,
1:35:58 if you believe that you’re talented,
1:36:01 if you actually achieve the things that you set your mind to,
1:36:04 there’s never been a better time in the history of humanity
1:36:05 than now.
1:36:07 You’re surrounded mostly by people
1:36:08 who feel sorry for themselves.
1:36:11 If you’re not one of them, you’re gonna clean up.
1:36:14 Young women are looking for a young man like you
1:36:16 who’s actually gonna stand up for himself,
1:36:19 who’s actually gonna go out there and achieve and be confident.
1:36:21 Be that and you’re gonna clean up
1:36:24 when it comes to finding the right partner for yourself.
1:36:27 You’re gonna clean up when it comes to making money.
1:36:29 You’re gonna clean up when it comes to your career.
1:36:30 You’re gonna clean up on every front
1:36:32 ’cause the bar has never been lower.
1:36:34 The bar has never been lower.
1:36:38 So just go out and be a man and life is gonna be great.
1:36:40 – I’m older.
1:36:43 I have 14 and 17 year old boys and my observation is
1:36:44 you can’t tell them anything.
1:36:49 The best you can do is you can try and model behavior for them.
1:36:52 So I’m trying to be really kind to their mother.
1:36:55 I’m trying to show them that if you’re serious
1:36:58 about having a good family,
1:37:00 you gotta be a generous, loving partner.
1:37:03 I’m trying to be in great physical shape
1:37:05 and which is getting harder and harder.
1:37:08 I’m trying to be aggressive around them
1:37:12 in terms of business and trying to be kind.
1:37:15 And what I do, I do talk to them
1:37:17 about the concept of surplus value.
1:37:19 I’m like, you’re takers right now.
1:37:21 The UK school system, which is amazing,
1:37:22 is investing a lot in you
1:37:24 and you’re giving almost nothing back.
1:37:26 I mean, your mother loving you a lot more
1:37:28 than you’re loving us.
1:37:30 You’re just taking resources everywhere.
1:37:32 You’re a net negative.
1:37:35 And your crossing of manhood is in sex
1:37:37 or some religious ceremony.
1:37:39 Your crossing of manhood is when you are start
1:37:40 creating surplus value.
1:37:44 You’re loving more people than you’re absorbing.
1:37:47 You’re listening to more complaints than you are complaining.
1:37:50 You’re creating more revenue than you’re absorbing.
1:37:52 That’s the notion at surplus value.
1:37:55 And I have this trick called what a man does.
1:37:57 And I’ve been doing this when they’re kids
1:37:59 and my guests show up, a man goes and gets their luggage
1:38:01 and puts it in their room.
1:38:03 A man’s constantly scanning the table
1:38:05 for empty water glasses.
1:38:08 And I mean, one of the proudest moments I ever had
1:38:12 was when my six year old boy who was all like 30 pounds
1:38:14 got up and went over to a gigantic pitcher of water
1:38:17 at this table and started trying to pour other people’s water
1:38:20 and everyone had no idea what was going on here.
1:38:23 I do these things called what a man does.
1:38:28 A man goes up to, a man asks a woman out for coffee.
1:38:30 A man pays for women.
1:38:32 I’m a sexist that way.
1:38:35 I still have told my men, my son gave me this wrap on,
1:38:37 “Dad, you’re so establishment.”
1:38:39 I’m like, “Do you ever want to have sex?”
1:38:41 I’m like, “Then you need to pay.”
1:38:42 (laughing)
1:38:44 I mean, that’s the bottom line.
1:38:47 Anyways, but what I would say is I’m trying to model,
1:38:52 I’m trying to model good behavior or be a good role model,
1:38:56 but I agree with Constantine and Daniel.
1:38:59 I think every day they have more potential
1:39:02 to lead the most amazing life in history.
1:39:03 I’m not a nihilist.
1:39:04 I’m not a catastrophist.
1:39:07 I think of big problems, but given the blessings
1:39:10 of the sons born to these men in future,
1:39:14 future sons of ELF Steven, Jesus, it’s good to be them.
1:39:15 They have no excuse.
1:39:18 They should rock on.
1:39:20 They should have a wonderful life.
1:39:22 – Constantine Scott, Daniel, thank you so much
1:39:25 for taking the time, short notice to talk
1:39:26 about all these subjects.
1:39:27 It’s an incredibly wide-ranging conversation
1:39:30 and you’ll bring such an interesting, hilarious,
1:39:31 nuanced perspective to these issues.
1:39:33 I’m glad that we can have these conversations
1:39:36 and disagree in a respectful way.
1:39:38 That hopefully clarifies a lot of the confusion
1:39:39 that I experienced and a lot of people
1:39:40 are experiencing at the moment.
1:39:42 So thank you to all of you.
1:39:43 I’m gonna link to all of your work on the screen.
1:39:45 I know, Scott, you’ve got a book coming on masculinity,
1:39:47 which we’re all very, very excited about.
1:39:49 We’ve been waiting, it’s long overdue, please hurry up.
1:39:50 Constantine, you’ve got an incredible podcast
1:39:52 with your trigonometry, which I’m gonna link on the screen.
1:39:55 And I suggest everybody goes and listens to
1:39:56 and subscribes to if they’re looking
1:39:57 for more of this stuff.
1:39:59 And Daniel, you’ve just been on my show already,
1:40:00 but your endless amount of books.
1:40:02 And I think the best place to get more from you
1:40:05 is your website, of course, the Daniel Priestley website,
1:40:06 where you can find all of your books
1:40:08 and all of your work and everything you’re doing there.
1:40:09 Thank you, everybody.
1:40:12 Really, really appreciative and incredibly grateful
1:40:14 for taking part in our first little experiment
1:40:16 of this kind, so, yeah.
1:40:17 Thank you.
1:40:19 (upbeat music)
1:40:22 (upbeat music)
1:40:24 (upbeat music)
1:40:27 (upbeat music)
1:40:30 (upbeat music)
1:40:32 (upbeat music)
1:40:35 (upbeat music)
1:40:37 (upbeat music)
1:40:40 (upbeat music)

Trump has taken the oath of office, but what does this really mean for the future of the world? 

 The Diary Of A CEO’s first ever election round table is joined by three renowned voices: Scott Galloway, Daniel Priestly and Konstantin Kisin. 

  • Konstantin Kisin, a political and social commentator known for discussing some of society’s most controversial topics.

  • Professor Scott Galloway, a renowned professor and business analyst who publicly endorsed Kamala Harris, offers sharp, data-driven critiques of Trump’s policies and their impact on democracy and the economy.

  • Daniel Priestley, an entrepreneur and strategist, examines how Trump’s election could reshape the business landscape, addressing the challenges and opportunities for industries adapting to new policies.

In this conversation, the guests and Steven discuss topics such as, how Trump will redefine masculinity, how wokeism is strengthening the right wing, what Trump’s return means for censorship, and the impact of the election on the UK. 

00:00 Intro

02:31 What’s the Big Picture as It Relates to This Election?

05:16 The Things Trump Is Promising Are Things That Should Happen

09:30 Has the Left Lost Its Way?

13:44 Did Trump Just Have a Better Marketing Campaign?

17:26 Millionaires Are Leaving the UK

20:18 Is the UK Still a Good Place for Business vs. the US?

23:30 Is the UK a Failing Nation?

24:57 Elon Musk’s Attack on the UK

26:13 The UK’s Attitude Toward the Rich Is Wrong

28:08 Is the British Attitude Holding Us Back From Our Potential?

31:13 Young Men Are Struggling in America

37:15 The Rollback of Trump’s DEI Measures

44:13 Trump’s Move Toward a Merit-Based Society

47:55 Masculinity and Identity Issues

52:51 Trump’s Stance on Masculinity

56:04 Elon Musk and Censorship

58:49 The Power of Freedom of Speech

01:00:56 Why Has Elon Chosen Now to Raise These Issues?

01:04:00 What Does Elon Musk Want?

01:06:49 Big Tech Cosying Up to Trump

01:10:11 Living in an Echo Chamber With Algorithms

01:16:15 Social Networks Are Becoming Political Environments

01:24:16 Where Is the West Heading?

01:27:54 What’s Not Getting Enough Attention Right Now?

01:33:24 Best Advice to Prepare Young Men for the Future

1% Diary Launch:

🤐👀The 1% Diary is almost back – make sure you’re ready! https://bit.ly/1-Diary-Megaphone-ad-reads 

Follow Daniel Priestly: 

Instagram – https://g2ul0.app.link/DyXMfookeQb 

Twitter – https://g2ul0.app.link/2yBnZUwkeQb 

Website – https://g2ul0.app.link/HpUTO9ukeQb 

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