Monday Mayhem on The Survival Podcast – Episode-3910
The Survival Podcast
The episode addresses deep-seated generational resentment, arguing that the tension between Gen Z/Millennials and Boomers is a divisive soci
Key takeaways
- The host claims generational resentment regarding inheritance is a socialist plot to divide the population.
- NVIDIA is launching a security platform specifically designed to prevent AI agents from going rogue.
- Major AI companies like OpenAI and Anthropic are accused of seeking regulation to stifle competition and maintain dominance.
- Bill Gates has publicly stated that unregulated AI could potentially lead to one billion deaths.
- The failure of the Clarity Act in the Senate is viewed as a blow to protecting the right to code as free speech.
Main topics
- Generational Resentment
- AI Regulation and Security
- The Clarity Act and Coding Rights
Notable quotes
The generational resentment is a commie plot.
Conclusion
A warning to look past legislative propaganda and recognize the underl
Transcript preview
Speaker 3 (0:21) Episode 3,910 of the Survival Podcast. We're going to have a great one today. We've got a bunch of stuff to talk about. And it is time for Monday Mayhem. That's where there's very little lead up, no explanation of what we're going to talk about other than if you read it all before we post it on the website. And we just go, so let's go. I'm going to warn you, like, J.D. Drafts, mate, like, thanks for the... $10 super chat. Well, $9.99 out of the gate. I really appreciate it. I'm probably going to piss everybody off today just with my opening because there's something to make everybody mad in it. And you may want it back. I don't know. We'll find out. But thank you anyway. And hopefully we won't make you want it back. But we're going to start off with this generational resentment. And I noticed on the T.S.P.C. Speaker 3 (1:16) event alumni telegram group, which is all people who have been to workshops here at Nine Mile Farm, and that's the only way you get in, John Dowie said, it's nothing but a commie plot. Yeah, it is. I agree. The generational resentment is a commie plot, and it's not just from the Chinese communists, like a lot of the bullshit with AI is. It's legitimately a socialist plot. Because the entire methodology of socialism is you don't have what you should because those other meany people over there have it and we need to take it away from them and give it to you. So, of course, it's a common plot. It doesn't make it not real, the resentment itself. I said something on an ex-post recently. It was a comment, too. So it wasn't even like it was my own post. It was just a comment. And it was another one of these freaking. whiny ass little bitch Gen Z crybaby bullshit post about it. The boomers Speaker 4 (2:12) are wasting all their money in her retirement and they're not leaving anything to us. Speaker 3 (2:17) Let me tell you, you little bitches, it is not your parents. It is not the duty of your parents to fucking hoard their money until they die and have a pittance of a fucking retirement so they can leave you a big wad of cash to solve your problems for you when they fucking die. It isn't. And so I said something like, you know, maybe it's the boomers that should be hating the young millennials in the Gen Z's who just seem to be like. Freaking leeches waiting for them to die. Imagine every day being reminded that your kids or your grandkids want you to fucking die and want you to not enjoy your retirement so that they can have your money. Oh, my God. They came like flies to dying, rotting meat. They're very, very angry. And the terminology was the most telling for me. And it just shows me how rotten this really is. Wasting the money. pissing away the money. That's what they're describing what boomers are doing with their money in retirement, wasting and pissing it away. I must have heard versions of that. Out of 20 comments, 18 of them basically were saying the same thing. They're wasting the money. How are they wasting it? By going on expensive cruises. Yeah, by taking lots of vacations. What the fuck do you expect people to do in their retirement? Sit on their ass, eat beanies and weenies and save their money for you? Apparently that's what these folks think. And I just wonder, like, I know there is boomer resentment in the other direction, but is it actually more justified? I want you to think about this. Before I go on and go full Jackrat, let me tell you where I'm coming from. I'm Gen X. First of all, I'm not a boomer no matter how much you motherfuckers try to call me one. I'm not. I have built generational wealth to a large degree. My retirement plan is to make sure I never run out of money and pass generational wealth along to my son for him to do with as he pleases. I'm not like, hey, let me go out there. Yeah, this person here, Vincent, says that wasted money employed a lot of people. Yeah, it's employing the people that are bitching about not getting the money, too, by the way. They don't understand that either. They know nothing of economics. But I have plans to leave a tremendous amount of money to my son. Speaker 3 (4:46) And great. You know, so I'm not the one out pissing it away, but I resent the terminology being even used. So I want you to think about the people that you're talking about right now. They're talking about people that are like 66 and older. That's kind of your boomer cohort now. And so a lot of them are 70, 75, right? If you are still mobile at that age, if you can still move at that age, if you can still go do things at that age. And a lot of these people began like. Working is fucking newspaper delivery boys because we used to have newspapers, boys and girls, right? And they worked for like $2 a week and they had to go out and collect from greedy old men who wouldn't pay their paper bill to get their two bucks, okay? And they did that their whole life. Some of these people worked 50 years continuously. They saved their money. They didn't piss it away. They built wealth in their own life and now they're retired. Who the fuck are you? if you're their kid or not, right, to freaking tell your parents that when they take a cruise or they go on vacation or they do whatever the fuck they want to with their fucking money that they're pissing away your inheritance. You know what? Why don't you go build some of your own damn wealth? It was easier for them. No, it wasn't. These are people that were drafted out of college into fucking Vietnam. They lived through 10 years of the 70s that were the worst stagflation any nation's ever had. Everything's expensive now. Try 1975 and see how expensive shit was relative to income. It's harder to buy a house today. There's your one. That's your one I'll give you. But you can buy so much. You guys live in a lap of luxury that your parents and grandparents could not even begin to understand. The shit you buy for $400 to put on a wall as a TV set, that wasn't even a dream for these guys when they were coming up. They dealt with 16%, 17%, 18 % interest rates on mortgages. There was never a time. Did any generation had it super easy? And, you know, here's another way I try to point this out, right? Like, so what I know is that almost every person, and this is not why we're friends, but almost every person that I'm actually friends with, like the other metrics in their life line up to I want them in my friend circle, my true friend circle, have all had this conversation with their parents. Spend it all. Die with a dollar. Enjoy your retirement. I'll be okay. Now, is that because all of my friends are wealthy? No. It's because all my friends think that way. Dad, Mom, you worked for it. If there's anything left, I'll be grateful for it. But go enjoy your life. Go enjoy your life. And a lot of these twerps don't realize that as their parents and grandparents age, they're going to need care that these pricks are not going to want to provide for them. And you're going to be lucky that they have money so that they can freaking provide for their own care that you don't want to give them. I have never seen a more entitled generation of plots than the overlap of young millennial and Gen Z. Now, this is what I also have to say, because I don't want to be accused of what I'm pointing out here with how they treat boomers. Are there insufferable boomers? Yeah. Are there boomers that don't give a shit about their kids and maybe their kids are decent people? Sure. Are there scumbag boomers? Yeah. Are there commie boomers? Yeah, absolutely. Absolutely. Right. So it's not everybody. But what is the preponderance of the cohort's behavior is what we're looking at. What is the majority? And I have never seen. In my life, and I've been around more than a half a century, I have never seen a more entitled group of freaking people in my life than the people that talk like this, that group of that group, that subgroup of that group. And I got to tell you, if I felt like my son was waiting for me to die, instead of making sure he got everything, I'd make sure he got nothing. I'd either skip it along to my grandkids or I'd find someplace else for it to go. And you know what you need to do, even if you've done it before? And I mean, everybody listening to me today to understand the shit we're about to go through, because we're going to end with some pretty dark shit today. We really are what I'm calling the long, slow, great depression that we're in, not heading into. It's here now. OK, the richest man in Babylon, the richest man in Babylon. And. The story, you know, there's like basically the retelling three times of the same storyline in there. And they change the characters and how the lessons are presented. But it's a series of parables. But I think it's the second story that the super, super rich guy, the actual richest man in Babylon. Speaker 3 (9:42) He takes on this main character as an apprentice, basically, and starts giving him advice of how to build his own wealth. Not here's an opportunity, but here you're already building chariots or whatever. This is what you should be doing. And the first time through, the guy fails. He saves money up. He ends up with a bunch of money. He pisses it all away. And then he saves money up again and he gambles it all away. And then he saves money up and now he's learned his lesson and he builds wealth himself in his life. He becomes very successful. At the end of his life, the rich man, the super rich man who oversaw this guy's tutelage, whose kids wanted nothing the fuck to do with learning patience, learning investing, learning how to manage money. They just lived a privileged life. He left them a pittance. And he turned his entire fortune over to his apprentice because his apprentice had done the work to prove that he knew how to manage money, manage wealth. and be respectful of money's power in both directions. Hello? That's what's happening to a lot of you guys. Except instead of apprentices that they're going to pass their wealth on to, I think a lot of older people are like, fuck it. I worked my whole life for this, and my kids are fucking ungrateful. I'm going to go enjoy my fucking life. And I'm going to put another thing out. Like, this is the generation. Like, I'm not having kids. Kids are too expensive. Yeah, what if these boomers you're hating on had thought that way and said, you're too fucking expensive? Most of these people had two, three, or four kids. Do you think it was cheap? Again, I'm not saying things don't cost more, but you also earn more. And you have a lot of things available to you they never did. And I challenge you, right, you people that talk this shit, I challenge you to actually eat the food. We'll be talking about this a little bit later, by the way. Eat the food that was common being made by moms in the 1970s. Speaker 3 (11:34) For two weeks, no DoorDash, no avocado toast. I know I'm pushing a little bit on the Gen Z attitude, right? And the whole, you know, I mean, just period, like, freaking go look up what it was, live that way for two weeks. And then think about having to do that. for three or four kids while trying to pay the bills. Moms didn't have to work. By the 1970s, women were going to work like fucking crazy, not because they could finally, but because they had to. A lot of these families in the 70s and 80s were two-income families back then. You guys have been sold a narrative that it's not that it never happened, but you guys are 25, 30 years off in your timeline. This isn't the 70s that were like this. It's the fucking 50s. And the people you think that way about and you hate, they're fucking dead. They're the people that fought World War II. There's a handful of them left. Most of them are over 100 years old. Grow up. Grow the fuck up. And you will be resented, and you will be not tolerated, and there will be less thought about your future as you do. Go read The Richest Man in Babylon. And if you're in that generational cohort and you're like, I'm nothing like that. Great. You will own the future. You will own the future. You will own the future. These these people, these little whiny bitches will work for you in 10 years. That's reality. If you if you are not part of that nonsense. I know my kid, you know, my kid is a younger millennial, kind of actually middle millennials like. He's not like this. My daughter-in-law is not like this. So I know it's not all of you. But if you are Gen Z and you're a college graduate, I bet it's about 80 % of you that are like this because you've been conditioned and trained to think this way because, as Mr. Dowie pointed out, yes, it is a commie plot. A divided people are easy to control. A unified people are impossible to control. You understand that? So why do you think they want you to vote? Why do you think they want to blame you? I want to hear from these people. If I was still, I'd be dead, head in a jar or something. But when these people are 65 and someone tells them, hey, you're wasting money on your retirement. Why don't you leave some for me? I'd love to see how these entitled little plots would act when that day comes for them. I even had some of them say, retirement is a modern invention. Yeah, on some levels it is. Sure. So what? You're not going to retire? You're not going to retire, right? Nobody goes on vacations. Everybody stays home. Bullshit. I see what you guys post. All you guys do is fuck off. Anyway, let's get on with sponsors of the day, and then we'll go into some other stuff. Sponsor of the day number one today is the Well-Studying Podcast with John Pagliano. John's an awesome dude. He is definitely a... a guy that is not going to have pity on you because you can't manage your own wealth, but he will tell you how to do a better job of it. Check out John's podcast, The Wealth Studying Podcast. It comes out about once a week, and he'll tell you what he's doing with his money and his clients' money on a semi-weekly basis. Sometimes it's every week. Sometimes it's a week off, but really, really great stuff. You can find out at thewealthstudyingpodcast.com. Next up today, one really great way. to store wealth long term is silver and gold. And silver and gold have been money for as long as there's been civilization and money in civilization. I would say almost. I mean, sure, rice stones or polished seashells might predate it. But in the end, silver and gold has been part of the economic system for over 5,000 years. It's not going anywhere. And all I want you to do is just go look at the price of gold. Between 1971 when they closed the gold window and today, and look at the graph. And the graph does this. It goes up at about a 45-degree angle. And then go look at an inflation graph and the value of money, and it goes down about the same angle. That tells you all that you need to know. If you want to park money long term, silver and gold is a great way to do it. It's also a form of wealth you can hold in hand. And if you want to pass it down, despite what I said, I'm all for passing things down. It can be done in a very private manner. You can also exchange it in a completely private manner. So check out JM Bullion today because, hey, guys, why would you buy your silver and gold from anybody but JM Bullion when they've been supporting this show? For about 13 years, guys, they have been supporting our show, and they have better prices than Monix, AppMex, Lear Capital at all. All right? All right, let's get into this. Okay, next up. NVIDIA is coming out with a security platform for AI. And what it's designed to do is stop AI agents from going rogue after some new troubling incidents. We'll get to the troubling incidents in a minute. But here's the reality. Markets solve problems when they are permitted to solve problems. And there are actors in markets who want problems because it helps them get what they want. And that's exactly what's going on inside this store. So what I mean by that is. And I've covered this already, so I won't go long on this. The AI companies today, Anthropic, OpenAI, Google Gemini, Elon Musk, SpaceX, AI, Grok, right? All of them are begging the government to regulate them. Slow us down, regulate us, daddy, regulate us harder. Now, look, companies don't do things for any reason other than to make money. And, you know, I'm not a big fan of dissent, but he was recently asked about this and he said they can slow down anytime they want. Like all this shit, like we need to be slowed down. Build, build, build. We need to be slowed down. Build, build. Come on. Come on, you jackasses. Don't try this shit with us. It's very clear what's going on right now. Right. What's going on is they like money. Yes. Roke is right. Roke is right. They like money. The problem is they're not fucking making money. There's a massive amount of money moving around in the AI space right now. The only people who are profitable are the ones actually providing the surplus compute to the companies who are buying it, the anthropics, et cetera. And you need to understand, like, Anthropic got a whole shitload of compute for free from Elon Musk. Did you know that? No, they don't tell you that, do they? And Anthropic's the only one where they pay per profit. But they're basically like, well, you know, with this free compute and if we take out the cost of training, we made a profit. Guy Swan just released a video on this, right? He said that's like saying if the price of developing the product was costing us nothing, then we're making a profit, right? If you don't count what it costs to build the product, ship the product, deliver the product, and support the product, we're making a profit. That's how asinine it is. The other ones are just straight up losing money. And you might wonder how that's possible because they have huge markets. They're very profitable. I'm sorry, very popular platforms, millions, billions of users worldwide. How are you losing money? Because this is what people don't get, all this argument about the data center and all. Every time you make a request, there's GPUs going boom, and those don't spin for free. They cost money. They cost electricity. And in spite of all the stories that everybody's getting the electricity for free or some shit or stealing it from your house, it's a lie. They're paying for it too. And the people that are actually building the data centers that are not the players, the ones that are building it solely for the purpose of providing compute to the players, they are not going to take a loss. They can't take a loss. They are going to figure out the cost of compute, add a margin to it, and charge the people that need the compute the money. And they have to pay it or they're not going to give them the compute. There's no free lunch there. The big companies have been able to attract so much investment money and quite a bit of public money as well. And because of that, they have been able to create this illusion of prosperity for themselves. The problem they have is this is not like building a product where there's an incredible development cost in the front end. But then you have like the software model of the 80s, 90s, 2000s. Right. Microsoft builds a product like a Windows or whatever. And then, you know, they have another two or three years before they make a new version of it. And it's like a money printer at that point. And you develop software suites and you say you're updating it, but really you're doing is making them more profitable by harvesting more user data, changing the financial model, moving them to a subscription, everything. But the majority of the work in a product like Excel was done 25 years ago. Yeah. You can say you're updating it and all, but there's not a big cost in doing that relative to the value of the product. AI doesn't work that way. You're always going to have a training cost with AI units. You're always going to have that electrical expense with AI. It's not going away, at least not anytime soon. And the only way you would get off of that is either to leave your AI as it is, right? Or... to develop AI that teaches itself, which leads to all the bad problems that they're telling us they're going to have. So all you really have going on right now is that the AI companies want regulation to slow down everybody else so that they can slow down, so that they can maintain dominance. They also do not want you hosting your own AI. They want to make sure that like the idea that it's not even just like I might host my own AI. There is a real potential using linked networks in the future to a group getting together and running their own basically AI server farm out of their own houses, linking compute together and sharing the burden of compute. Kind of think about it like old school P2P file sharing like LimeWire, where like you wanted to download a song and it would say there's 13 people on right now that have that song. And you're basically taking a piece from each one of them and putting it back together. Kind of like that in the other direction, though, that like when you ran a query, it would take some compute from multiple computers in the network instead of just one consolidated data center. And what can be done with that is truly unique because any group of people or individual running a like that is